Accountant
Newbridge Pharmaceuticals
Total years of experience :16 years, 7 Months
•Receiving, processing, verifying and reconciling incoming invoices to complete payment in a timely manner.
• Managing the coding of invoices, vouchers and check requests to ensure the proper information is entered into the financial system.
• Managing all incoming work/service orders ensuring all supporting documentation is attached to the appropriate invoices.
• Investigating and resolving any problems associated with processing invoices.
• Preparing and keeping track of payment terms and vendor account reconciliation.
• Handled all aspects of our internal and vendor customers needs via phone, email and internal communication portals.
• Respond to external vendors and internal managers regarding all aspects of the accounts payable process, including processing invoices for payment, recording VAT and assisting with bank reconciliations.
• Verified payment information prior to releasing transactions for payment and maintained vendor files.
• Review expense reports for accurate coding and to ensure they are with in company policy, process expense reports and prepare analysis of accounts for employees business Travel.
• Managing the day-to-day finance operations & month end & year end closing process
• Utilize SAP ERP System and other business systems to administer timely and accurate general ledger and cash management reports by validation and posting journal entries imports from other sub modules as well as GL journal entries
• Conduct all activities related to journal entries, accounts payable lead, cash management routine payment clearing to ensure continuous accurate update
• Performs accurate and up-to-date maintenance of accounts payables records relating to company's payable accounts
• Issues monthly A/P reports showing analysis of balances and overdue amounts. Justifies delay in payments after verifying the reason of delay.
• Assist in the quarterly/ annual external audit to ensure that all relevant information is accurate and available
• Perform account reconciliation responsibilities for all cash, bank and their respective clearing balance sheet accounts (including monthly follow up on un cleared payments & receipts)
• SOX, Controls, Compliance
• Issuance of Debit Notes to Intercompany according to deadlines
• Directing various business departments to ensure the smooth running of the company with regards to AP.
• Ensure compliance with company policies, code of conduct, procedures and limits of authorities
• Review of T&E expense claims & report on variances
• Maintain and track fixed asset inventory control records
• Prepare monthly / quarterly balance sheet reconciliations & report on variances (Blackline System)
• Support special projects as deemed appropriate by the Finance Controller (SAP Implementation, Special Cost Reduction project)
• Processing invoices by checking amounts and relevant details, ensuring compliance with POs, Work Service Orders, contractual provisions, verifies the goods and services have been received in SAP and ensures acquiring proper authorization according to delegated authorities.
• Verifying region sales analysis
• Manage Auditors Inquires & SOX Compliance Walkthroughs
• Timely and accurate internal reporting
• Support the yearend financial audit requirements
• Issuance of Debit Notes according to deadlines
• Performs accurate and up-to-date maintenance of accounts payables records relating to company's payable accounts including maintenance of records of contracts, bank guarantees and related documentation.
• Reviewing & verifying L. C's and shipping documents
• Reconciliation of bank accounts and statement
• Regular reconciliations with counterparties (accounts payable and receivables)
• Coordination with Human resources section for payroll management and ensures all payments related notifications sent to the bank are recorded.
• Financial close process owner in accordance with Corporate Policies
• Ensuring/reviewing accurate and timely invoicing and collection of receivables from clients as well as timely disbursement of payments to vendors
• Prepares special financial reports by collecting, analyzing, and summarizing account information and trends
• Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs
• Prepare manuals for accounting and bookkeeping personnel, and direct their work activities
• Represent clients before taxing authorities and provide support during litigation involving financial issues
• Maintain and examine the records of government agencies
• Assist in the internal control corporate adherence policy to maintain the highest level of controls possible throughout the organization
• All aspects (actual, budget, strategic planning) including projected room revenue
• Filing returns for indirect taxation (Luxury tax, service tax, VAT)
• Communicate well with accounting group to promote new ideas and automation to ensure the highest level of accuracy and integrity
• Assist in the company balance sheet account reconciliations process, ensuring that all reconciliations received are accurate
• Leading Accounts Payable & Accounts receivables and training the team in this areas
• Financial close process owner in accordance with Corporate Policies
• Maintaining Stock reconciliation & ledger reconciliation
• Daily posting of various journal entries in Tally, match payment against invoices accurately
• Worked closely for VAT implementation, VAT payments & Filling VAT Returns
• Submit daily reports for sales, collections, and bank deposits; weekly stock reconciliations, aging of receivables; and monthly sales analysis to the Head Office
• Managing monthly bank reconciliations for branch bank accounts
• Process and report internal/ external debit and credit memos each month
• Ensure accurate month end assets capitalization, retirements & depreciation
• Control funds cash flows
• Registration & Renewal of Labels & Licenses with Excise Department
• Maintaining & processing Tax deducted at source(TDS)
• Preparing and maintaining Financial statements for the Business
• Managing Accounts payable and receivables
• Cross trained team how to operate daily tasks and reporting while assisting new tam member learn the new responsibilities
• Ensure timely clearance of all petty cash
• Managing payroll and ensures all payments related notifications sent to the bank are recorded in the system
• Maintaining Stock reconciliation & ledger reconciliation
• Managing online banking and account reconciliation
• Prepare closing entries, Balance sheet schedule
• Processing and Filing quarterly sales & service tax returns
• Performed account analysis and manage financial statement
• Preparing and maintaining accounting of small proprietary firms & partnership firms
• Managing finalization of accounts of different clients
• Examining company accounts and financial statement of different clients
• Preparing detailed report on audit findings and special audit and control report of the clients
• Confer with company officials about financial and regulatory matters.
• Examining record, tax returns and related documents of audited companies
• Learning a thorough knowledge of the client’s business and related needs.
• Performing analytical procedures on expected or unexpected variances in account balances or classes of transactions
• Confirming accounts receivable and other accounts of third party
• Filing income tax returns, TDS returns & Service tax returns
• Advising clients on Investment option for Tax saving
Masters in Business Administration (Finance) with IIMS, Ponda, Goa
Specialized in Financial Accounting, Auditing & Taxation
