Chief Accountant
Honeywell
مجموع سنوات الخبرة :27 years, 5 أشهر
Monitoring the Bank balances (multi-currency) on daily basis and Bank reconciliation
Monthly Hedging of the B/S transactions in foreign currencies Review of first draft of Trial Balance after closing A/P sub-ledger
Coordination, preparation and passing necessary entries for monthly accruals, amortizations and provisions including Income Tax & Product Warranties
Fixed Assets closing and depreciation entries on monthly basis
Review of monthly Trial Balance, preparation of key templates for upload
Upload of Trial Balance and various templates in HFM
Analysis and preparation of monthly B/S schedules and upload in E-Rec tool.
Quarterly Flux analysis (B/S and P/L fluctuation reporting in comparison with previous quarter, last fiscal year)
Year End Financial statements (FS)-(BS, PL, Cash flow and Notes to FS)
Liaison and coordinate with external auditors (PWC) and internal auditors (SOX & Management)
Accounting of third party and inter-company invoices on Document Management System (DMS) and Oracle ERP, accounting of receipts (AR), and provide support to the Credit Controllers through generation of cash collection reports, AR ageing reports, passing
month-end Journal Entries related to provisions for bad and doubtful debts, credit notes, accruals etc.
Preparation of MIS reports, (monthly metrics and KPI’s on different areas and functions of operation), intercompany-Accounts Receivable, AR ageing and reconciliation of Goods In Transit to tie to the global inter-company accounting
Carry out all closing proceedures related to fiscal month end for accounts payables and receivables, involving preparation of monthly balance sheet schedules, and reconciliations using the e-reconciliation tool, accrual entries, debit Notes, credit Notes, including payroll and general expenses
Resolution to AP invoices issues in line with P2P process and highlighting the unresolved issues to AP Manager, Entity Controller and SBU Finance Leader
Oracle Database Management (creation and changes) for Vendor, Customer and Employees in ERP. Setting up Cross Validation Rules in GL etc.
Verifying third party supplier payments before final approval.
Support Accounting and Business teams for Six Sigma efforts through data collection and validation.
Managing operations of the Division
Regular correspondence with foreign suppliers and Customers
Active participation in the budget meeting with the Suppliers
General Administration of day to day company affairs
Co-ordination/managing sales team (wholesale, van and export sales operations)
Proposing and finalizing Sales Incentive Plan
Managing Accounting and Finance operations of the Division
Independently handling Accounts of a Choithram’s Group company
Finalization of monthly accounts (P&L, Balance sheet, schedules and analytical reports)
Reporting of monthly results and key financial information to the Board of Directors
Credit control and follow-up of customer outstanding with the Sales Team
Monitoring cash flow and periodic Bank Reconciliation
Clearing Import documents from Banks and co-ordination for Import L/C
Inventory management, Imports costing and pricing
MIS (Company assets and operating expenses)
Accounting of sales invoices
Accounting of A/R collections
Follow-up of customer outstanding with sales team
Periodical checking of warehouse stock and van stock
Bank Reconciliation
Local purchase supplier’s account reconciliation and payment
Accounting of Import Invoices, Debit Notes and Credit Notes
Reconciliation of Foreign supplier’s statement of Accounts
Checking of Goods receipt ledger with Import Invoices
Internal audit of Choithram’s associates, supermarkets and divisions