Branch Accountant
AUJAN INDUSTRIES CO.
Total years of experience :14 years, 3 Months
• Monthly Closing the Branch: ➢ Sales closing - every month 30th or 31st as per calendar
➢ Preparation of Profit and Loss Monthly.
➢ Review of Trial Balance.
➢ Review of General & Admin expenses compare from last month
➢ Cost per case analysis monthly
➢ Inter Branch Reconciliations
➢ Head Office reconciliations.
➢ Schedules review (Staff Advance/Prepaid Salaries/Rent/HRA)
➢ Goods in Transit Reconciliations
• ACCOUNTS RECEIVABLES
➢ Monitoring AR aging analysis weekly & monthly
➢ Verify original invoices against AR at random, weekly
➢ Provide Salesmen outstanding report to the Branch Manager for recovery plan every month
➢ Provide statement of account to all salesmen on monthly basis or on request at any time
➢ Arrange for 'Confirmation of Customer Balances'
➢ Visit customers those who have disputes and details required to reconcile, along with salesmen/Branch Manager
➢ Follow 'credit control procedure' for every sales order
➢ Follow up with salesmen/Branch Manager for minimizing 'unapplied amount'
• ACCOUNTS PAYABLES
➢ Monitoring AP aging analysis weekly & monthly
➢ Verify original invoices against AP at random, weekly
➢ Booking of invoices weekly and monthly.
➢ Arrange for payments to supplier.
➢ PO receipt Holding Account checking.
➢ Factory Accounts must tally with GL
• CASH ACCOUNTING
➢ Check DCM daily
➢ Surprise cash check monthly
➢ Maintain log for Cash Receipt issuance
➢ New Cash receipt should be issued in exchange of previous used Cash receipt book & check for any missing CR# or cancelled CRN's
➢ Cash Certificate - quarterly
• SALES ACCOUNTING
➢ Price as per PRM
➢ Reverse undelivered invoices on 1st evening of following month
➢ Follow up for customer acknowledgement with Branch Manager
➢ Down load (SIM) HHT data to MFG*PRO system daily
➢ Recover immediately Van stock difference in sake day
➢ Check Invoice number serials, for any missing. Report to Branch Manager immediately
• EXPENSE ACCOUNTING
➢ Control on Budget VS Actual of Branch operating expenses
➢ Report to Branch Manager of any irregularities, immediately
➢ Send petty cash fund requirement to HO
➢ Seek approval for urgent requirement for Petty cash fund from Main Cash
➢ Check petty cash on hand on through a surprise check, monthly
• STOCK ACCOUNTING
➢ Check Warehouse stock on a monthly basis
➢ Report physical variances
➢ Check VSR van stock at random and report any variances to the Branch Manager
➢ Account all stock movement transactions daily
➢ Customer returns are accepted and accounted as per policy
➢ Destruction of stock as per policy
• GENERAL ACCOUNTING
➢ Maintain GL as per chart of account & GAP
➢ Account all 'provisions for expenses' on monthly basis
➢ Account JV's with all supporting
• GENERAL CONTROL PROCEDURES
1. FIXED ASSETS
➢ Assets are to be maintained & document all movements of Fixed assets
➢ Raise Debit note for all transfer of assets to other location with gross value & accumulated depreciation
➢ Keep control & monitor the Vehicle registration (Isthimara) and renew it on due dates
➢ Maintain log/record for Vehicle maintenance for all kind of repairs & replacement of parts and report to HO
➢ Assets are transferred on approval only by HO
Time Duration: Two Years ( from the year 2004 - 2006)
Designation: Assistant Branch Accountant
Company Name: Aujan Industries Co.,
Location: Jeddah - Kingdom of Saudi Arabia.
Job responsibility:
• Posting of journal vouchers, cheque payment, cash payment and cash receipts
• Posting of sales invoices
• Audit all transactions posted
• Preparation of monthly statements of accounts
• Preparation of monthly payroll
• Preparation of HHT reports
• Act as a support function in the absence of IT for HHT operation
• Filling correspondence and accounting records
• Keeping stationeries and Office supplies
• Maintaining petty cash account
• Preparation of petty cash and cash vouchers
• Preparation of all Debit and Credit advices
• Input of data in to computer
• Assist the Branch Accountant during reconciling of warehouse inventory
III. work Experience
Time Duration: Three years ( from the year 2000 - 2003)
Designation: Jr. Accountant
Company name: PPKG Charted Accountants.
Location: Abids, Hyderabad, A.P, India.
Job responsibilities: Maintaining Accounts both Manually & Computerized, Audit
II. work Experience
Bachelor: Bachelor of Commerce passed in the year 2002, Conducted by Osmania University. Andhra Pradesh, Hyderabad, India.
Secondary: Examination passed in the year 1992, Conducted by Board of Secondary Education Andhra Pradesh, Hyderabad, India.