Senior Manager (Accounts & Finance)
Mulitfabs Limited
Total years of experience :21 years, 1 Months
Major task & Responsibilities : Financial statements analysis, Achieving financial control over source and applications fund, Handling internal Audit program to resist fraudulence as precautionary measure, Implementation of Manual Accounting System to computerized accounting system tally ERP 9. Patronizing of Budgetary control function.
Fund Management
- To ensure source of fund and arrange of fund for cash management (including placement/
movement of funds in various projects
Accounting & Record Keeping System
verification of vouchers and other supporting documents
Guidelines to set right of Accounts
Revise Chart of Accounts, if necessary
Develop reconciliation system of Master L/C with BTB L/C and Bank
Introduce Monthly Bank and other reconciliation system
L/C Management System
- L/C Wise Shipment Report
- L/C Wise Procurement Report
- L/C Wise Accounting Record
- L/C Wise Costing Report
- Follow up the procedure of L/C/ sales contract wise profit and loss accounts
Reporting & Monitoring System
Develop internal control system for different wings
Introduce various analysis and reporting system
Develop Financial ratio analysis
Rules & Procedures
Develop Procedures for disbursement, adjustment and reconciliation of Petty Cash, IOU, and Advance etc.
Develop checking, verification and approving procedures of bills etc
Define authority and their job responsibility for recommending and approving documents
Develop rules for preparation and signing of cheques
Develop payment procedures
Develop procedures for calculation and disbursement of salary, overtime etc
Budget & Budgetary Control
Develop guidelines for preparation of Budget
Assist in preparing Revenue, Capital & Cash Budget
Develop Budget approving procedures
Develop mechanism for Budgetary control
Cost Accounting & Cost Control System
Develop effective cost control mechanism
Develop system for analyzing cost of production etc
Procurement & Inventory Management System
Develop effective Inventory Management System & Integrate with accounts
Develop rules, procedures and Formats (MRR, SRR, GRN, Requisition etc.) for Inventory
Develop Inventory storage (Piling) and tracking system
Develop requisition and approving procedure for usage of inventory
Introduce quality control system for inventory
Develop reconciliation system of procurement and consumption of inventory
Develop tools to identify the misuse, pilferage and system loss in Inventory
Guideline for Safety and Security System of Inventory
Fixed Assets Management System
Identifying and recording Fixed Assets
Preparation of Fixed Assets Register
Develop Depreciation Policy
Internal Audit and Control
Develop Internal Control system
Responsible for organize the Internal Audit Department & trained up the audit staff.
Responsible for Conducting Physical Inventory
Develop Internal Audit Department
Responsible for find out the reason for drawbacks & weakness of the operating system & to recommendation for take-up the necessary action to overcome the above problems.
Organizational System
Revise Organ- gram of the Group, if necessary
Develop qualifications, experiences etc of existing staffs
Develop job descriptions of existing staff
Develop workflow of various activities
Train up executives on developed job descriptions
Achievement
Maintenance of accounting system and financial statements; Setting up of suitable cost system and implementation of appropriate cost control device, Set up and maintenance of Budgetary Control System. Custody of property, assets and fund, Operation of all bank accounts and control of bank affairs, prepare comparative cost, profit and efficiency statements, Development & implementation of internal control system, fund raising in developing new initiatives to financial policies .Strategies and discipline.
Duties & Responsibilities:
1. Prepare yearly & half yearly financial statement, Monthly accounts and report for management, Accounts Receivable, Accounts payable & comparative weekly sales & production for Weekly Review meetings.
2. Maintain cash and Bankbook, stock register and all kinds of journal voucher. Preparation Cash Budget, Bank reconciliation statements, Salary & Wages & O.T. Sheet, and other related payment made by the companies. Liaison with Bank, Leasing, Insurance, other financial authorities, Government, Semi - Government and others autonomous body.
3. Follow-up over all L/C functions, settlement of Insurance Claim.
4. Conduct pre & post audit of all type Procurement Requisition and financial transaction.
Job area - preparation of financial statement, maintain cash and Bankbook, stock register and all kinds of journal voucher. Preparation Cash Budget, Bank reconciliation statement, Salary & Wages & O.T. Sheet, casual labor payment and other related payment made by the companies. And I also conduct pre & post audit of all type Procurement Requisition and financial transaction. I can operate Accounting based software Tally efficiently.
Not Applicable
