Senior Accounts Executive
Havelock AHI
Total years of experience :18 years, 0 Months
Responsibilities includes:-
Taking care of payable activities of Abu Dhabi, Dubai, Kuwait and Bahrain
Dealing with Auditors (Ernst & Young) and helping them in their reports
Monitoring a team of Three members and making sure smooth flow of operation
Allocating the Invoices for Booking among team members and resolving any conflicting Invoices with GRNs, POs, and any unauthorized invoices.
Pulling Aging reports for payments and making sure timely payments
Making Timely Payments from appropriate Banks
Updating invoice tracker and payment trackers.
Explaining the Accounts Head about payments made in the week
Preparation of TTs for International transfer (Transfers to US and European Countries)
Reconciling the Bank Accounts and preparation of reports
Prioritizing the payments and allocating to team members
Dealing with suppliers regarding payment terms
Reporting to Al Shaya Group Head office in case of Large Payments and following up getting Authorization from them
Associated with First American India Pvt ltd., Bangalore, It's a more than 120 years old Title insurance, financial service Provider Company for Real Estate properties etc,
My Responsibilities included:-
Passing Journal Entries
Performing Payroll Reconciliations, Escrow Property Reconciliation and other Balance Sheet Reconciliations.
Analyzing and Researching on the Variances, Preparing variance analysis report and getting approved from Business Area
Calls and Video conference with the Business Area before month end closures, etc.,
Monitoring Accountants and assigning work and Time limit for completion of Task
Position Held: Senior Accountant
Performing Payroll Reconciliations, Property Escrow Accounts and other Balance sheet Reconciliations of main Head Office(USA) and Country wise Divisional Head offices
Scheduling, Preparation and passing Month end Journal Entries
Addition, deletion of Assets. Calculation of Amortizations and Depreciation value feeding it in Oracle for creating automatic journal period end entries. Reconciliation of Asset
Pulling of Backup from oracle and other sources and such additional Backups necessary for Recons on accuracy of Balance Sheet items.
Making SOP Procedures. Preparation of DTP’s. Updating the same in case of change
Identifying, Analyzing and Interpreting, Resolving, Rectifying the transactions posted during each accounting period and follow up with the clients.
Allocating JE’s to Associates and Reconciliations. QC the same
Ensuring TAT is met for JE’s
Preparation of Check list for all Recons for the preparer and Approver.
Training the New Joiners. Setting up meetings with B.A for updates and clarification.
Worked with V.R. Reddy & associates (Chartered Accountants), Engaged in Finalization of Accounts, Audit, Taxes for Metal Processing and Engineering Companies.
Position Held: Audit Assistant
Overseeing the accounts and resolving any issues time to time, Finalization of Accounts, Project based Accounting. Preparing Schedules and Schedules VI, ensuring the books and records are kept properly and periodic inspection, Constant touch with Accountants and coordinating & resolving issues related to Accounts, VAT, Service tax and CST
Conducting internal auditing
Preparing and filing of periodical Returns - Monthly VAT Returns, Quarterly VAT returns for small businesses, Annual Returns, Audited Returns (240), Overseeing the collection of C forms by the accountants of certain companies, Overseeing the VAT & CST sales and filing returns timely, Annual VAT Audit, Overseeing collection of form 156 for certain companies, Overseeing the Entry tax paid, returns etc.,
Timely writing of TDS book and filing the same, preparation of challan 281.
Quarterly and Annual Audit of books of accounts, filing the Income tax returns for business and Individuals, Calculation of advance tax and preparing challan 280.
Attending Cases with seniors related to Income tax and preparation of documents required for the same
Preparation of Audit report
Guiding the trainees and assigning the jobs, overseeing their work and monitoring their performance.
Keeping books with necessary documents as per statutory requirement and ready to produce as and when asked by the department officials
Following up and collecting documents whenever required
Worked with M/s ESSAR Electrical services, Chennai.
Electrical engineering contractors engaged in Electrical contracts of Business and Telephone tower installations for BSNL
Position Held: Accountant
Taking care of Accounts of two branches. Project Accounting, Payroll
Calculation, Filing of VAT, CST Returns, Entry Tax and TDS.
Issue of C forms, Collection of VAT TDS for Government Contracts
Liaison with Government Officials
Coordinating the Purchase department in preparation of Tenders, analyzing the cost, Budgeting
Preparation of projected receipt and payment and updating the same on daily basis
Preparation of aging report, ensuring the payments made to Creditors at proper time, ensuring TDS deductions, maintaining TDS book, Purchase and sales register. Periodically clearing BRS. Good coordination with other staffs and guiding the assistants
Good coordination with Auditor and getting suggestions when needed. Good coordination with creditors and debtors.