ACCOUNTS PAYABLE / SENIOR ACCOUNTANT
BARQ Construction Group
Total years of experience :11 years, 11 Months
• Prepare, examine and analyse accounting records, financial statements and other financial reports.
• Investigates and resolves problems associated with processing of invoices and purchase orders.
• Negotiates with suppliers for maximum credit facility and clearing the dues on time.
• Collect, compile, and review invoices from vendors for payment processing.
• Prepare and post journal entries for inter-company accounts.
• Prepare and oversee journal entries including recurring entries and allocations such as month-end accruals, pre-paid adjustments, and unrecorded liabilities;
• Review detailed analyses of fixed asset general ledger accounts, and forecast depreciation expenditure on a monthly, quarterly and annual basis.
• Ensure accurate and appropriate recording and analysis of revenues and expenses.
• Coordinate the month - end closing process to ensure all corporate deadlines are met and information is presented in accordance with GAAP.
• Analyse monthly income statement variances vs. budget, prior forecasts, and prior year actuals on revenues and operating expenses.
• Bank related work (Letter of Guarantee & Letter of Credit, Tele Transfer & other bank guarantees etc.)
• Petty cash management, preparing daily cash report, monthly report etc.
• Process and settle monthly company credit card purchases into accounting system.
• Handling of payroll of 300+ employees and prepare for WPS, staff & labour leave & gratuity settlement.
• Verifying reconciliations of Bank, Suppliers ledger accounts and monitor non-payments.
• Reporting to finance manager regarding the company’s financial status.
• Monitor, coordinate and analyse project monthly reports and performs monthly forecast for projects.
• Coordinating with the project manager and planning the progression of the project and modifications in the project budget if any;
• Reviewed contractor monthly billing to ensure contract guidelines are being followed.
• Prepares grant reconciliations and calculates appropriate journal entries to accrue revenues and expenditures at year-end. Performs in carrying out company’s internal audit and external audit.
• Other duties and responsibilities as and when assigned by the management.
• Promoted within 12 months from Accountant to Senior Accountant based on strong work performance.
• Managed accounts payable, accounts receivable, and payroll departments.
• Handling all telephone inquiries relating to accounts payable and accounts receivable issues.
• Data entry of approved invoices into payables & receivable system.
• Documenting all accounts payable and accounts receivable transactions.
• Collecting all invoices and obtaining approval for payment.
• Verifying invoice cost against purchase order cost before issuing any vendor payments.
• Reconciled vendor accounts by checking monthly transactions against supporting statements.
• Co-ordinated financial departments with responsibility for Budgets, Forecasting, Payroll, Accounts Payable and Receivable.
• Maintain and update Chart of Accounts, Petty Cash and Month End Closing.
• Processing invoices to customers.
• Maintain a strict deadline for collection and reporting activities.
• Coordinated monthly payroll functions for 50+ employees.
• Calculating salaries, overtime and benefits.
• Bank, Debtors, Creditors Reconciliation on time.
• Providing support documentation for audits.
• Performing general administrative duties such as copying, filing and reviewing the mail.
• Worked in Tally ERP.9, MS Word and MS Excel.
• Maintain day to day books of Accounts in Tally.
• Enter posting of purchase, sales, payment, receipt and journal voucher and petty cash handled.
• Answering phone calls and emails and resolving customers and suppliers queries.
• Maintained Bank, Debtors and Creditors Reconciliation.
• Prepared monthly Income Tax Computation (E-Filing), TDS, EPF and Service Tax.
• Prepared outstanding list of Debtors and making the payment follow up respectively.
• Checking and verifying stock monthly or quarterly.
• Preparation of various reports for senior managers.
• Fixed Asset accounting, reconciliations and depreciation journals.
• Worked in Tally ERP.9, MS Excel and MS Word.
COMPLETED MBA FM AND DOING M.COM
B.com with Co-operation
VIBES (Virtual Interactive Business Experiment System). It is a Business accounting course including indian and foreign accounting like tally, peachtree, quickbooks, tradeeasy, and business logistics
Including Inventory Management Warehouse Management Multi-Model Transportation Commercial Shipping Procedure Marine Insurance Exim Procedure Material Management
B.COM