Finance Manager
Atos
Total years of experience :20 years, 7 Months
I am financial controller for the project having 120 million revenue in pounds and 100 million cost pounds.
To prepare financial statements such as profit and loss statement, balance sheet statement, cash flow statement and financialition of books account.
Manage cost base and strength cash flow for the organisation.
Reporting to Onshore financial controller and business leads.
Profile in Scope International (Banking Company):
Business finance reporting in (Cost, Origination Client Coverage, Global Markets) - (supporting country is Malaysia & Singapore)
• Mark to market pricing for the securities on a daily basis.
• Preparation of Journal entries for cost accrual, revenue financial allocation and getting approval from Country finance manger and giving impact in the general ledger.
• Preparation of cost schedules (Product processing cost, Sales and marketing cost & directly controlled cost & Islamic banking cost) and submitting report to stake holder within group deadline.
• Cost allocation to various department and customer segment.
• Preparation of weekly report on cash, trade and commission products, movement on balance sheet figures giving variance report on comparing with last week amount. Identifying top 20 movements in customer wise providing this information to the stakeholder.
• Preparation of forecast schedules for Origination Client Coverage & Global Market business and submitting report to stakeholder within group deadline.
• Customer performance report detailed by Net interest Income, Net Fee Income, Net weight asset, RIWAC.
• Handling ad-hoc reports as and when required by country finance manger.
• Review of cost expense and comparison of current month cost with previous month, giving commentary report on variance of cost.
• Cross border recharge follow up, resolving queries & quarterly settlement. Authorizing settlement on cross border recharge on revenue allocation of transfer pricing.
• Perform analytical review of costs, trend analysis and making a control checks in all reports.
• Reconciling and confirming General ledger numbers with Financial Control system numbers.
• Preparation of daily revenue balance with daily trend & NIM% for transaction banking business to the stakeholders.
• Ensuring delivery quality in terms of DOI, accuracy, completeness and timeliness on a monthly basis as given in SLA.
• Elimination of duplication, validation and control check and automation of reports.
• Supporting in administrative activities.
Achievement: Effectively handled team with no SLA error got recognized as Extra Miller Award. Three month’s assignment for process knowledge and training given to the employee in china.
Profile in AJM KOOHEJI GROUP (In Bahrain) (FMCG company):
Inventory Management Controller and Foreign Vendor payment:
• Based on the purchase requisition approval and purchase order confirmation making the payment to foreign suppliers through electronic transfer and sending a bank acknowledgment copy to division person.
• Recording the foreign payments in the books of accounts.
• Letter of credit application verified as per terms and condition agreed with supplier and sending to bank. Verification of draft LC from the bank and request for amendment to be made in the LC.
• Taking care of insurance coverage on goods in transit and making insurance claim on damage, pilferage stock.
• Based on the arrival notice from the foreign suppliers I take in charge of Freight payment to the shipping line.
• Valuation of customs duty based on arrival of the material and making a payment to customs & ports handing over the cheque to the clearing agent.
• Certification of Freight, Clearing agent & Storage bills as per the agreed terms with the suppliers.
• Arriving the landed cost incurred on the purchase of stock.
• Reconciliation of goods in transit account. (Stock are properly recorded in the books with landed cost)
• Preparation of monthly Inventory report for the all division and submitting this report to the management.
• Sending report to CFO status on Open credit outstanding report on every week.
Achievement: Implemented control check in Goods in Transit account through proper approval.
Profile in FLEXTRONICS TECHNOLOGIES (I) Pvt Ltd. (Supply Chain Solutions Company):
Segment Reporting, HR Cost Centre management & Credit Rating Services
• Preparation & analysis of Cash flow forecast, accounts receivable due, Weekly Tracker report & commercial claim on a weekly basis.
• Preparation of Monthly MIS for all the segment of actual results as well as for the forecast results on monthly basis.
• Preparation & analysis of profit and loss account & Balance sheet by site wise and business partner report for actual result and for the forecast results on monthly basis.
• Work with operations to ascertain cost drivers/make recommendation for cost reduction for all the segment & comparison actual vs forecast cost finding out the cause for the variance.
• HR cost Centers use to submit the report for total cost effected, preparation of Intercompany Voucher and sending to the charging sites, tracking ICV, comparing ICV with accounts book whether any wrong posting have made if any, did the accounting entries in Baan for incorrect and closing transactions in a month
• Reviewing the Credit worthiness of the customer by analyzing trended profit and loss account and Net worth of the company and recommend the management to fix the credit limit.
Achievement: Handled and delivered all segment MIS report with effectively got recognized as Super Star Award.
Profile in Stratos HR Systems Pvt Ltd. (Human Resources Consultant)
• Planning of monthly cash flow.
• Reconciling Inter Company, receivable & payables accounts.
• Preparation of Profit and loss account on a monthly basis.
• Maintenance of books of accounts & General ledger analysis
• Activity based costing for company as well as for individual performance.
• Payroll processing
• Managing all the branch accounts and ensuring smooth functioning of day-to-day operations.
• MIS & other reports to the management.
• Bank Reconciliation on monthly basis.
• Coordinate - Internal \ Tax \ Statutory Auditor.
• Statutory & Tax compliances. (Service Tax, Provident fund, Computation and Issuance of TDS certificate i.e Form 16 & Form 16A, Fringe Benefit Tax ).
• Consolidation of Holding & Subsidiary Companies Accounts & Financials
• Budgeting - both top down budgeting (where the management sets the goals and the strategy is executed by the departments) and also the bottom up budgeting (that helps the departments to align with the corporate objectives).
• Analysis - Budgets \ Forecasts Vs Actual.
Achievement: Implementation of Activity based costing made them to identify individual performance of the employee and reduced cost to the company.
Profile in T.Udayaraj & Associates (Audit Firm).
• General Ledger Audit.
• Preparation of Final accounts for a trading companies and private ltd.,
• Taxation Planning for Individual & Corporate Assesses.
• Checking of Internal control weakness and drafting a suggestion report to the management to sort-out the weakness. Ensure an Audit comment is closed.
• Concurrent Bank audit.
PE II (CA Inter) - Cleared in Nov 2006 Institute of Chartered Accountant of India
Vivekananda Evening College, Chennai-600 004. University of Madras. Average percentage: 70
C.A.Foundation - Cleared in May 2003 Institute of Chartered Accountant of India