Sr. Manager – Accounts & Finance
Radius Developers
Total years of experience :32 years, 0 Months
Finalisation, Audit, MIS, and ERP Implementation, Training, Set up, Data Maintenance, Version Updation.
Accounts, Banking & Treasury, Taxation, MIS and Audit.
Daily monitoring of all accounting systems in order to ensure the complete and accurate processing of financial data in accordance with Accounting Standards and Accounting procedures approved by the management.
Treasury operations - monitoring fund position and bank statements on a daily basis for daily fund requirements in order to take suitable and required actions.
Supervising all statutory compliances & requirements by ensuring timely payment of all taxes & timely filing of returns, Advance Tax Computation & payments.
Attend all tax assessments, scrutiny & show cause notices, provide all relevant information to departments for timely completion of statutory orders.
Preparing MIS like Fund Position, Cash Flow, Cost Incurred, Receivables, Payables, Budget Variances, Investments etc.
Comparison of Project Budget with actual numbers on monthly basis and detail analysis of variances and make necessary revisions in Project Budget
Ensuring implementation of Account Manuals and compliance with the same
Responsible for Fixed assets in accordance with Company Law, Accounting Standards, and Corporate Internal Controls
Periodic review of transactions, reconciliations and suggest measures for correction & improvements for Finalising Books of accounts
Preparation of Monthly P&L & Balance Sheet with accurate inventory valuation, prompt capitalization & accurate provisioning of all expenses, Consolidation of financial statements
Completing internal audits in order to ensure that company operations are carried out efficiently and with integrity
Maintain a close working relationship with the external auditors to ensure compliance and cooperation with their requirements and to provide an effective audit trail and ensures timely completion of audits
Set and evaluate KRA, s for subordinates, identify developmental needs for team members and provide training
Insurance co-ordination and liaison, Gratuity Fund Accounting and Audit
Audit, MIS, and ERP Implementation, Training, Set up, Data Maintenance, Version Updation.
Monthly MIS of Cash Flow, Cost Incurred, Sales Realisation, Revision of Budgets
Preparation of Monthly P&L & Balance Sheet with accurate inventory valuation, prompt capitalization & accurate provisioning of all expenses
Asset Accounting for Corporate Office, Leasing Premises & Project Site
Revenue Recognition as per Percentage Completion Method
Monitoring all taxation effects in ERP Systems to ensure timely payment of taxes & timely filling of returns
Financial Projections for Project Finance and Rating certification
Comparison of Project Budget with actual numbers on monthly basis and detail analysis of variances and make necessary revisions in Project Budget
Finalising Books of accounts with detailed scrutiny of all ledgers
Completing audit requirements of International Auditors and completing due diligence
ERP setup, Charts of Account finalization, Report designing, implementation of ERP
ERP Training to all Departments and setting up their modules
Trouble shooting of errors & requirements of all departments for ERP implementation
Overall supervision of all data processing in ERP System
Finalization of accounts, MIS, Income Tax, TDS, Sales Tax, Service Tax, PT, etc. including other day to day accounting.
Supervision of day to day accounting, payments & reimbursements
Supervision of Payroll & settlements
Closely monitoring the financial positions of all companies
Ensure that final disbursements account from sub agents, delivery challan from suppliers & work done from service providers are to be approved by the Master or Chief Engineer before sailing of the vessel
Follow up with sub agents, suppliers and service providers for timely submission of their bills with approved final disbursement account, delivery challan and work done
Preparing / Forwarding vessel disbursement accounts and Invoices to the principal
Follow-up for prefunding as well as outstanding balance from the principal
Preparing Foreign Remittance application and affecting the remittance
Scrutiny of General Ledger, Accounts Receivables, Accounts Payables, Fixed Assets, Inventories, Investments, Inter Company Accounts and consolidation of All Companies.
Finalization of accounts, to complete Statutory Audit, Tax Audit and VAT Audit.
Payment of TDS, VAT, Service Tax and Profession Tax
Preparing & filing of TDS, VAT, Service Tax and Profession Tax returns
Preparation of MIS reports like monthly / quarterly / annual financial statement, budgeted & actual cash flow, Vessel wise profitability report etc
Provide back office support to operation department for handling the vessel
Liasioning with Income Tax, Sales Tax and Service Tax Department with our consultant.
Finalization of accounts and Implementation of ERP System.
Prepared Fixed Asset Register
Scrutiny of General Ledgers
Prepared Annual Report for Audit with consolidation all units / divisions
Implementation of ERP System - EMS
Finalization of accounts with Branch Accounting, Import Costing, MIS, Income Tax, TDS Sales Tax, Imports, Service Tax, PF, PT, ESIC etc. including other day to day financial matters and familiar with computerized accounting in ERP system, Implementation of ERP System.
Accounts
Purchase Invoice passing for accounting and payment, with necessary deductions if any requires i.e TDS, advances, differences etc.
Sales Invoice checking for accounting, before despatch and ensure that it compliance with local sales tax, excise regulations.
Authorising all Journal Entries, Debit Notes and Credit Notes passed by subordinates.
Scrutiny of General Ledger, Accounts Receivables, Accounts Payables, Fixed Assets, Inventories, Investments.
Fixed assets verification and maintaining Fixed Asset Register with WIP concept
Finalization of accounts including consolidation of Branch Accounts.
Stock Valuation and Verification.
MIS
Margin analysis product wise and invoice wise.
Inventory analysis on Slow/Non moving items..
Assist in preparation of the monthly financial & Cash flow statements.
Assist in preparation of the monthly statement of turnover achieved with targets given.
Assist in computing incentives payable to Sales Persons, Branch and Product Managers.
Assist in computing commissions receivables from foreign principles.
Audit
Prepare statements and details needed for Statutory Audit and Tax audit.
Timely completion of Audits
Taxation
Payment of TDS, VAT, Service Tax, Profession Tax, PF, ESIC etc.
Assist in preparing & filing of TDS, VAT, Service Tax, PF and Profession Tax returns
Assist in assessment procedures of Sales Tax, Service Tax and Income Tax
Implementation of ERP \[ Focus \]
Member of Committee for ERP Structuring & Implementation.
Collecting all requirements of departments & branches, to put all their data on ERP.
Flow chart for ERP Structuring and detailed documentation for all modules.
Evaluating ERP modules, entry screens and reports prepared, with sample data and live data.
Involved in development of Inventory module and Payroll in FoxPro.
Finalization of accounts, Income Tax, TDS, Sales Tax, Import Costing, PF, PT, ESIC etc. including other day to day financial matters and familiar with computerized accounting in Tally. Attending Sales Tax and Income Tax assessment with our Tax consultants.
Writing all books of accounts manually. Recording of all accounting transactions like Sales, Purchase, Cash, Bank, Journal etc and its positing to general ledgers, bank reconciliation and preparation of trail balance.