Majid Wangade

Proficient Duties & Responsibilities - Senior Accountant

Apply acceptable accounting principles consistently to account for all transactions conducted by the company. Perform accounting functions as assigned including, but not limited to:

• Preparation of Balance Sheet, Income Statement, Cash Flow, Budget.
• Write up all financial books of account on a regular basis e.g. ledgers, cash book, petty cash books, Accounts receivables ledger, inventory records, fixed assets, suppliers, sales, purchases, expenses, payroll… etc.
• Prepare and post journal entries and reconciliations for monthly general ledger close.
• Reconcile general ledger accounts with subsidiary ledgers on a monthly basis.
• Liaise with other accountants for proper maintenance of an integrated accounting system.
• Preparation of monthly trial balance.
• Ensure proper filing of all documents held by the accounting department.
• Banking activities like setting up new accounts, adding new signatures, bank reconciling items, banking fees, coordinate and resolve various issues with the bank such as cleared check differences.
• Reconcile and monitor cash funds (i.e. petty cash fund, payroll fund, etc.).
• Maintaining customers’ accounts, review sales invoices and cash receipts from customers.
• Participate in the physical inventory counts, to ensure the proper application of their procedures and controls.
• Fixed assets processing and reporting.
• Marinating suppliers accounts, review purchases invoices and inventory receiving vouchers, review payments to suppliers and reconciling statements from suppliers.
• Review contracts, orders, and payment vouchers and prepare report to substantiate individual transactions prior to settlement.
• Prepares payments by verifying documentation, and requesting disbursements.(PO, Non PO, Payroll, Gosi, Projects, etc.)
• Coordinate and implement the accounting / internal control procedures.
• Follow up with other departments to determine outstanding transactions and balances in an attempt to solve any problems or obtain justifications.
• Follow up with various personnel to be able to obtain documentation and evidences required to support transactions.
• Conform with and abide by all regulatory guidance and internal policies & procedures

Proficient Duties & Responsibilities:

Accounts Payable:

➢ Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
➢ Evaluating and Implementing Accounts Payable Internal Control Policies and Procedures.
➢ Analyze problem and provide reports to management with possible solution to improve efficiency of financial management operations.
➢ Performing Reconciliation of Customer balances and bank accounts and managed to resolve any discrepancies on a timely basis.
➢ Processing Purchase Order and Non Purchase Order Invoices (Vendors & Employees) in accordance with established Policies and Procedures.
➢ Processing Employee Travel Expense Reports, reviewed documentation and managed third party Travel Expenses.
➢ Preparing Payments by Checks, Wire Transfer & Electronic Payments & ensuring proper support is attached for review.
➢ Respond to Vendors and Employees Payment inquiries.
➢ Maintains customer confidence and protects operations by keeping financial information confidential.

Accounts Receivables:

➢ Monitoring and Administering customer accounts.
➢ Preparing customer's statements, bills and invoices.
➢ Researching and Analyzing accounts.
➢ Generating weekly aging reports.
➢ Determining payment schedules with customers.
➢ Contacting delinquent customers to secure payment.
➢ Initiating collection efforts to successfully boost collections.
➢ Preparing accurate monthly billing adjustments.
➢ Investigating and resolving billing and account discrepancies.
➢ Managing and resolving customer inquiries.
➢ Compiling data and prepare monthly reports and statements.

Payable Accountant

➢ Ensuring that all PO and Non PO invoices are processed with the correct date, amount and booking reference.
➢ Investigating and resolving any discrepancies.
➢ Reconciling statements to ensure that any outstanding items are paid.
➢ Reconciles financial discrepancies by collecting and analyzing account information.
➢ Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
➢ Prepares payments by verifying documentation, and requesting disbursements.
➢ Maintains customer confidence and protects operations by keeping financial information confidential.

Logistics & Transport Supervisor

➢ Ensure effective and timely implementation & monitoring of all Logistics & Transport daily operational goals inclusive of Shipping functions and Inventory Management.
➢ Supervising employee performance, allocating driver assignments, ensuring compliance with safety standards, and maintaining all vehicles in top working order.
➢ Manage databases that detail transport activities, financial accounting, employee schedules and personnel records.
➢ Establish and manage relations with warehouses, ocean carriers, customs broker, sales force and customers.
➢ Analyze and log purchase orders commensurate to existing stock availability and reduce shipping cost.
➢ Oversee and monitor availability of stock to reduce shortages.
➢ Ensure to process orders and on-time delivery by network of courier companies and warehouses.
➢ Plan and arrange logistics required shipments.
➢ Identify enhancement opportunities and suggest solutions for improvement to top management. .
➢ Assist audits of vendor invoices and month-end processing to incorporate finance accruals.

ADVANCED ELECTRONICS COMPANY Currently, (Since: 30-May 2010)

Financial - Payable Accountant

➢ Processing Non Purchase Order Invoices (Vendors & Employees) in accordance with established Policies and Procedures.
➢ Processing Employee Travel Expense Reports, reviewed documentation and managed third party Travel Expenses.
➢ Issuing Accounts Receivables Miscellaneous Receipts.
➢ Entering Accounts Payables Daily Miscellaneous Receipts in ERP.
➢ Performing Reconciliation of Customer balances and bank accounts and managed to resolve any discrepancies on a timely basis.
➢ Evaluating and Implementing Accounts Payables Internal Control Policies and Procedures.
➢ Preparing Payments by Checks, Wire Transfer & Electronic Payments & ensuring proper support is attached for review.
➢ Prepare Financial Statements and Records.
➢ Respond to Vendors and Employees Payment inquiries.

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ADVANCED ELECTRONICS COMPANY P.O. Box: 11623 Riyadh 11623 - Kingdom of Saudi Arabia. Currently, (Since: 30-March-2011 to 12-March-2013)

Operation Excellence - Finance Representative for FIKRATI program

➢ Suggesting Business Profitability Ideas related to all Departments.
➢ Preparing Presentation on Approved Business Ideas.
➢ Presenting Business Ideas for Management.
➢ Implementing Business Ideas in coordination with Operation Excellence, IT, HR, Facility, & other departments.
➢ Successfully executed many Ideas in profit of the company.

(Achieved Letter of Thanks & Appreciation from VP Operation Excellence Dr. BUGAMI AYED for my contribution to the Company through FIKRATI Program)

AL - SAGEER & CO. Mumbai - 400 043, INDIA April 2009 to September 2009
Accounts Assistant
➢ Functioning of Journals, General Ledger under conventional system of Accounting.
➢ Responsible for posting of all transactions into system.
➢ Cost or Profit center in accordance with the respective procedures.
➢ Preparations of monthly Financial Statements.
➢ Reconciliation of Various Accounts
➢ Processing Payments Requests of Suppliers & Employees.

H. L. Chitale & Co. (Chartered Accountants) April 2008 to March 2009

Accounts Assistant

➢ Preparing Accounts and Tax Returns.
➢ Auditing Financial Information of Companies & Bank.
➢ Reconciling Various Accounts of Clients.
➢ Meeting & Interviewing Clients.
➢ Dealing with Insolvency Cases.

UNIQUE SUPPLIERS
(Distributor of FMCG PRODUCTS)
April 2007 to February 2008

Warehouse Executive

➢ Responsible for Complete Warehouse Operation.
➢ Responsible for Complete Physical Inventory and Physical inconsistency.
➢ Recording Shipping and Order information.
➢ Maintaining daily Stock Record.
➢ Verifying received goods.
➢ Preparing monthly Warehouse Report.
➢ Resolve Customer Complaints.
➢ Schedule & Ensure Delivery of goods within time limit.
➢ Responsible for Smooth, Speedy and Mistake- proof Warehouse process.