Jahfer P Aboobacker

•Budget Preparation - Prepare and analyze the monthly budget/forecast to actual variance reports per program and department.
• Preparation of monthly Profit and Loss Account Balance sheet and cash flow forecasting.
• VAT accounting and VAT return filing.
• Maintain adherence to corporate accounting standards
• Handle accounts payable and Account receivable processes.
• Monthly analysis and reporting division-wise of Inventory ageing and Receivables report.
•Treasury Management includes LC, bill discounting, trust receipt & handling correspondence with various banks.
• Responsible for overseeing the import/export coordinator and the AP administrator.
•Monitoring customer invoicing process both local and export and cross check with delivery notes and purchase orders.
•Weekly and monthly financial reporting Management.
•Exposure to year end both internal and external auditing.
•Calculate job costing, Accruals booking, Prepayment entries, depreciations and other GL entries booking.
•Ensuring all revenue for the month is fully reconciled in a timely manner.
•Trade Finance Management.
•Managed the accurate and timely processing of invoices based on the payment terms.
•Perform monthly bank reconciliation.
•Customer’s payment follow up and payments collection.

•Interact with Production Control to ensure Bills of Materials (BOM) are accurate and up to date. Review and audit BOM’s to ensure they reflect the latest manufacturing practices.
•Work with the finance department to implement and apply cost accounting policies and Procedures.
•Prepare financial statement ie, P&L A/c & Balance Sheet.
•Handle accounts payable and receivables.
•Maintenance of accurate and timely book keeping records: journals, receipts, payments, purchase and sales invoices, delivery notes G/L & trial balance.
•Maintain credit control.
•Prepare daily, weekly, and monthly MIS reports.
•Maintain fixed asset register and calculation of depreciation.
•Reconciling creditors, customers, stock & bank statements.
•Maintaining employee’s time card and preparation of payroll.
•Review and analyze daily production report.

•Activating credit limits and payments terms for each customer with proper approval from top management.
•Check the status of the payment from customer debtors ageing report and verify the PDC status and follow up the payment.
•Review of credit limit and payment terms in every six month.
•Prepare the cash or cheque deposit slips and sent to Bank.
•Identify the reasons for short payment, if any, and raise the credit note and get approval from manager and account the same.
•Reconciliation of debtors account with customer statement to ensure completeness of accounts and secure monthly balance confirmation.
•Managed the accurate and timely processing of invoices based on the payment terms.
•Facilitated internal, external and quality audits and maintained high score as result of sound record keeping and through documentation.
•Review and maintain update supplier master.
•Reconciliation with vendor statement of accounts to ensure booking of all accounting transactions and resolve dispute if any.
•Assist finance manager in preparation of financial statements.
•Assist senior accountant to prepare salary.
•Reconciling bank statement.