Finance and Operations Manager
Ichiban CNC Solutions
Total des années d'expérience :20 years, 4 Mois
- Manage a variety of fiscal and accounting functions pertaining to areas such as general accounting, inventory, fixed assets, receivable & payable, payroll, bank reconciliation, tax, audit and financial reporting
- Monitor and supervise ledger and booking entries according to stated procedures so that all transactions are recorded in a timely and accurate manner.
- Monitor and present trends for capital employed, fixed assets, prepayments, accruals and accounts receivables.
- Identify, investigate and rectify routine errors and anomalies in input data in order to ensure accuracy of financial information. - - --- Controlling of expenses to ensure booking against the correct codes.
- Analyze ledgers and accounts to allow the reconciliation of financial data according to stated schedules.
- Primary responsibility is to prepare financial statements and supporting schedules according to monthly close schedule.
- Facilitate and complete monthly close procedures, Create accruals and post journals, Analyze and Monitor all expense claims, Maintain petty cash, Flexibility to complete other tasks required.
- Focus on continuous improvement of month end process.
Ensure that all reporting requirements for data analysis are submitted within predefined deadlines.
- Prepare reports from statistical and financial information according to stated schedules so that all required information is available for review in a timely manner
- Prepare non-routine financial data as requested in order to support management decision-making
- Monitor accounting procedural compliance by subordinates and employees in order to ensure that all systems are adhered to Report major problems and areas of non-compliance to the hierarchy in order to ensure that a high level of accounting management and control is maintained and that issues are resolved in a timely manner.
- Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis.
- Prepare monthly Bank Reconciliations
- Fully managing the Accounts Payable function.
- Fully managing the Accounts Receivable function.
- Assist with analyzing financial statements on a monthly basis and report on variances
- Liaison with Tax Consultant for preparing tax returns.
- Other projects as assigned
- Setting up new supplier accounts, resolving any queries and being the first point of contact for any supplier invoice queries, arranging and processing payments through the banking system and ensuring terms are adhered to.
- Setting up new accounts, creating manual invoices and transferring sales from one system to another and ensure that they reconcile. Reconciling payments to the ledger including self bill reconciliations.
- Accounting Liaising with Foreign Principals for Quotes and working as Window contact for Buyer’s requirement from time to time.
• Item-wise Departmental Capital and Revenue Budget comparison - Actual versus Budget. Weekly comparison report to the Head of Department
• Identifying the variances and its analysis .
• Assisting Manager Finance & Accounts in monthly Costing Report.
• Monitoring the booking of Vendor Invoices and its payments to ensure that Vendors/Suppliers are paid within established time limits.
• Ensuring the WHT at source is deducted as per law
Brief Job Description: (March 01, 2011 - to date)
•MIS Reporting including Month-end Branch-wise Profit and Loss Statement and its analysis.
•Maintaining Fixed Assets Register and depreciation thereon.
•Inventory valuation, Project Cost and Profit analysis, Balance Sheet and General Ledger Schedules Review, Cash Flow Management.
•Ensuring Integrity and accuracy of the GL.
•Ensure compliance to accounting principles and Group Accounting Policy, operating procedures and other regulatory accounting guidelines.
•Weekly Accounts Payable Aging Report for the Management.
•Track, control and analyze the major variation in Balance Sheet and Profit & Loss Statement.
•Forecasting and Budget and its monthly review. Identifying the variances and its analysis.
•Analysis of month end reports and its comparison with forecast and comments on variances thereon, Statutory Compliance, etc.
•Booking, processing and monitoring Payments in an effective and efficient manner to ensure that Vendors/Suppliers are paid within established time limits.
•Deduction of WHT at source and depositing into Govt. Treasury on weekly basis through e-filing ensuring Tax compliance.
•Validate and monitor day to day Cash disbursement and cheque issuance.
•Issuance of Petty Cash to Branch Offices and the settlement thereof in respective accounts. Issuance of Advances to Employees for travelling and the settlement thereof in respective accounts.
•Liaison with Bank for timely issuance of Pay Order, BG and EM.
•Liaison with External Auditors during yearly Audit.
Brief Job Description: Finance Executive (May 11, 2009 - Feb 28, 2011)
•Invoicing for supply of Goods and Services rendered
•Follow-up with Customers for Payments and Recovery.
•Weekly Invoicing Report for the Management.
•Preparing monthly Aging Report for the Management.
•Settlement of Payment from Customers and recording Tax deducted at source in respective Ledgers.
•Assisting Asst. Manager Finance in Monthly Closing.
Brief Job Description:
•Looking after daily expenses, payments and all Banking activities. Maintaining Cash Books.
•Bank Reconciliation
•Payroll and other related activities.
•Issuance of Cheques
•Also taking care of all correspondence exchanged between office and Principals abroad.
•Independently taking care of Metals Trading, Machines and Tooling Sales Promotion for foreign Suppliers in local market since 3 years.
:
•Working in Head Office maintaining records of Steel Inventory imported, cutting/ shearing done and consumed in production.
Advanced Diploma in Management Accountancy, CIMA UK. Studying in Strategic Level of CIMA.
GPA : 3.08 Scholar Ship : 50% waiver on Tution Fee on all courses
Passed Bachelor of Commerce with 2nd division in 2001 from Govt. College of Commerce & Economics.
Passed Higher Secondary Certificate (commerce) with 1st division in 1998 from D.H.A. Degree College for Men
Passed Secondary School Certificate (science) with B grade in 1996 from Spring Field School