Finance & Operation Supervisor - Financial Planning and Analysis
Mazrui International LLC
Total years of experience :12 years, 10 Months
· Led the Team of Finance Professionals around Oversighting Inventory, Procurement and also provided training for the On Boarded Employees.
· Accurately Preparing and Presenting Monthly, Quarterly and Annual Financial Reports and Comparison of Actual with Budget and Advise the Variances to Management.
· Preparing Annual Budgets Involving 2 Phases and Presenting it to Management with Details on SWOT Analysis and Financial Projections.
· Maintaining and reviewing Location Wise income Statements with budget comparison.
· Presenting Detailed Monthly and Quarterly Performance, Allocating Cost Branch Wise Appending Various Graphs on Revenue Trend, Operating Profit Trend, Breakeven Etc.
· Preparing the Business Feasibility Study & Advising the Management on Investment decisions, Also Played a Key Role in Opening 4 Branches.
· Consolidation of Accounts at Group Level Collaborating with cross financial teams to streamline financial processes and enhance efficiency.
· Ensure the effective Accounting Policies & Procedures are in place and Implemented Adhering to Strict Deadline and Accounting Standards.
· Preparation of Monthly Cashflow & Managed Working Capital ensuring adequate funding to run the operations.
· Preparing Monthly Working Capital Graphs with CCC, DIO, DPO, DSO to understand financial objective and Action Plans.
· Preparing Ad-hoc Reports adept to the best Template and Present Financial Situation.
· Ensure of Audit Schedules for Internal and External Audits are completed as per timeline.
· Preparation of Monthly VAT Returns and Corporate Tax, Submitting the same to Tax Analyst.
· Finalizing the Leases for all the Branches with Implementation of IFRS 16 Rule.
• Proficiently oversighting and managing 3 companies’ account, successfully.
• Being an advisory to the management over the position of the company; have been working on Trial Balance and Final Accounts and also on, in-house financials, to evaluate the current position of the company.
• Restituted and Reworked for the company’s old lost data of accounts.
• Have been responsibly working on Conversions from Short Term Borrowings to the long term and also over the calculation of Interest and Principal amount.
• Working on short term loans like Trust Receipts and Cheque Discounting tools of banking.
• Working on Schedules for the loans outstanding and giving report to management for all the banks
• Ascertaining profits for every product calculated and working on profit building with the management.
• Have been known for exhibiting the best traits of leadership among the subordinates by handling their queries and helping them to avoid errs.
• Have been playing a vital role in reducing daily expenses of the company and advising the management over the concern of increasing sales locally and across the borders.
• Making cost sheets for all Imports and the direct shipments to the respective countries ascertaining all the direct Expenses.
• Have been actively participating in Procurement of Materials, locally.
• Evaluating All sales for every quarter and filing VAT by determining all the fields like; export sales, local sales, import purchase, local purchase, cross border sales etc.
• Maintained all chairman’s personal loan accounts & all the current and capital accounts.
• Perfectly handling 4 companies’ complete accounts pre-empts to Annual audits conducted.
• Proficiently worked on Defense items and Tactical supplies to government entities.
• Analyzing reports submitted by procurement team and conducting reconciliations monthly also taking care of postdated payables by managing the cash flow for local and foreign suppliers.
• Scrutinizing accounts receivables and liaising with receivables team for collection by preparing various reports and ascertaining the position of a customer.
• Successfully maintaining the monthly reconciliations for several accounts in different banks for every company.
• Registering and Filing VAT for all the companies for each quarter determining sales and purchases made for each quarter.
• Attended a training of budget awareness recommended by company and carries the certificate for the same.
• Providing budgets and forecasting reports to higher level Management in order to estimate the growth of each company.
• Finalizing profit and loss for each area covered for a company determining all admin and overhead expenses.
• Working on projects and contracts with government entity, liaising with banks as and when needed in order to get performance bonds and the letter of guarantee for the contracts.
• Preparing quotations to government clients for huge orders with time limitations.
• Working on 4 different applications like QuickBooks enterprise, Peachtree, EZ Ware, Tally etc.
• Initiated process of migration of data to ERP (Leap I3) for the work done previously in other Applications mentioned above line.
• Worked on the accounts for the USA based company and provided all the reports for the audit conducted in USA.
• Processing salaries for over 700 employees every month.
• Have been working on trial balance and final accounts in order to clear financial accounting for the Annual and Mid-Year Auditing.
• Ascertaining all cost sheets for various type of consignments.
• Worked on claims for all the damaged/expired tyres and adjusted to the costs.
• Listing Pirelli pricing on management guidelines, in order to cooperate with the rise and fall of prices from the headquarters (ITALY).
• Played a prominent role in handling the tasks and responsibilities of the colleagues on leave and also known for the enlightening the team with new ideas, subjecting to rectify the flaws.
• Attentively making all types of reports such as Ageing analysis, Sales Analysis, Monthly Total Collection, Cash and Credit Sales Analysis, Analysis for the Equipment etc.
• Fixed Assets Capitalization with proper Depreciation of Assets.
• Ascertainment and reconciliation of all Accounts Payable & Accounts Receivable and the banks, for smooth inflow and outflow.
• Handling all client needs and fulfillment of all queries dealt within.
• Dealing with opening and closing letters of credit.
• Processed all employees’ salaries through WPS to banks having a vast idea on it.
• Has worked on VBA like WPS, CTM and FUNDMASTER etc. and also have worked manually as and when required.
• Handled the trade confirmations part dealing with the counterparties involved for the instruments like equities, bonds, Repos etc.
• Settlements of the trades as designed to with different markets in place.
• Also includes static set up that accounts the STP rate, Also processed trades manually as instructed.
• Managing the trades on various accounts and its impacts on portfolio.
• Liaising with the custody for the necessary adjustment of accounts.
• Calculation of fund performance and NAV.
• Setting up the entity through the static part on the system for global use.
• Working on the failing trades to successfully settle them by resolving indifferent failing reasons.
• Attended 130 hours of training driving myself to be a potential learner equally on all grounds.
• Been a part of various presentations that would help me boost my performance and implement various modes of innovation to the existing line of work.
• Also attended various knowledge share sessions with different teams for further expanding the zone of knowledge and the process connectivity.
• Always available as a backup when the requirement arises in any BCP situation.
• Skillfully On-boarded the new joiners with the required training and valuable inputs.
• Was been Appreciated for handling multiple clients at the same time to its best results.
• Substantial recognitions from the brokers and clients.
• Meticulously working on Excel Macros.
• Managed all the daily activities of Accounts Payable & Accounts Receivable.
• Done Age wise Receivable Analysis of Debtors Accounts and Aged payables of creditors.
• Managed better receivable collection to reducing float.
• Prepared accounting of Cash/Bank Payment and receipt.
• Managed Stock taking and physical count.
• Prepared invoices for wholesale, bulk Sales order.
• Prepared Bank Reconciliation, AR Reconciliation, AP Reconciliation & Petty cash Account reconciliation.
• Provided the entire query asked by statutory Auditors at appropriate time.
Accounting and Finance
Studying my best to improve myself in accountancy, statistics,economics etc.
B.COM Anjuman Arts, Science, And Commerce College Bhatkal Karnatak University, Dharwad 2010