Assistant Manager - Finance
Modern Freight Company L.L.C
Total years of experience :20 years, 10 Months
➢ Job Profile:
❖ Activity management of Finance team and Credit Control.
❖ Assisting Finance Manager with preparation and consolidation of annual budget and analyzing variance with actual.
❖ Preparation of proposed budget and projected cash flows for the forthcoming year with the co-ordination of other departments.
❖ Assisting Finance Manager and Auditors to prepare annual FINSTAT.
❖ Preparation of monthly financial reports and cash flow.
❖ Preparation and processing of monthly payroll through WPS.
❖ Supervision of Account receivables collection and managing payables.
❖ Liaising with banks for the arrangement of Guarantees, Short/Long term deposits and other facilities.
❖ Dealing with Insurance companies for Health, life and other insurance requirements.
❖ MIS reporting and expense and revenue variance analysis.
❖ Responsible for EOS settlements.
❖ Yearly appraisals of Finance team.
Finance
• Activity management of a team of 4 accountants and 6 Accounts assistants.
• Overall responsibility of all external and internal payments and payroll.
• Close monitoring of cash flow and Bank relationship management.
• Responsible for various MIS reports for submission to management.
• Assets and Receivables Management
• Coordinate implementation of Audit recommendations
• Responsible for monthly departmental job closing, work in progress and verification of revenue report.
• Significantly increased operational efficiency by replacing manual check processing to system generated checks.
• Recognised for establishing strong business relationships with vendors, customers, auditors and internal departments.
• Ensured compliance with accounting deadlines.
Administration
• Introduction and initiate Installation and Development of new HR Net software and new procedures.
• Co-ordinate with HR department for implementing training programmes and personal evaluations.
• Handling administration of all company benefits, including health care and bonuses.
• Process all salary changes due to merit increases, promotions, bonuses, and pay adjustments. And ensure that all necessary documents are received; information is entered into computer database, and forwarded to payroll.
• Develop, implement and monitor various quality control programs.
✓ Inbound & Outbound Freight monitoring and accounting - Sea Freight
✓ Customer Account maintenance and reconciliation
✓ Follow-up Foreign Agent receivables
✓ Business correspondence with various agents
✓ Banking operations, preparation of Bank Reconciliation Statement
✓ Checking jobs in Procars - a comprehensive freight forwarding system for open jobs, jobs showing loss and monitoring various other customer statistics.
✓ Preparation of Age analysis statement, distribution among departmental heads keeps them informed the status of debtor's accounts.
✓ Organise customer surveys to maintain good relation with customers.
✓ Managing the Computerized accounts (in Tally) up to finalisation
✓ Preparation of different financial statements, MIS reports
✓ Customer invoicing
✓ Follow-up receivables
✓ Bank and other account reconciliation
✓ Business correspondence with suppliers / Customers
✓ Payroll management
Bachelor of Commerce (B.Com) from Calicut University (1992)
