Financial Analyst
United Motors Group
Total years of experience :12 years, 2 Months
Generate the Trails Balance and Prepare the Income Statement and Balance Sheet submitting to Finance manager for review.
Prepare various KPI reports like Consolidated report, Regions, Branch, Department wise, etc.
Prepare OPEX reports like Consolidated report, Regions, Branch, Department wise, etc.
Prepare aftersales Performance GP report for Vehicles, Parts & Services.
Prepare and Reconcile Revenue, COGS, Gross Profit and OPEX POS Vs KPI Vs GL Accounts.
Performance against historical, budgeted, forecasted and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
Analyzing current and past financial data and performance.
Discuss the unusual increase or decrease of any accounts with the senior accountant from the information taken after doing variance analysis.
Monthly-Prepaid Amortization & Allocation Rent, Insurance, Subscriptions, Bank Facility Fees, etc
Recording Monthly Accrued expenses & other recurring vouchers.
Reconciliation of Accounts Receivable and Accounts Payable Vs GL Account.
Prepare ageing reports for AP, AR, Fixed, Parts and Vehicles.
Accounting Fixed Assets & calculating & maintaining monthly depreciation and Disposal schedule.
Performing bank reconciliation and GL Reconciliation
Prepare Cost sheets for each shipment, accumulating all costs for Vehicles and Parts.
Checking and verifying the purchases in ERP System and approving it after entering
actual inventory cost like freight, custom duty etc.
Warranty Claim Allocation and Reconciliation.
Calculation of DealerDiscount/Rebate for Sister Company,
Prepare of schedules and filing of VAT/Withholding Tax in coordination with VAT/Zakat Consultant.
Prepare EFT & Cheque payments to suppliers, Customers and ensure all payment are done on timely manner without any delay in order to provide daily record portfolio transactions and report daily. Initiate the Utility bills, Govt. Sadad like renewal of Iqama, Exit Re-Entry, etc,
Checking & signing of payments vouchers.
Upload the Payroll WPS file into the online Banking.
Audit the Payroll before its release to employees, Process Payroll Vouchers, Upload into the system and reconcile the Payroll entries on monthly basis. Prepare Various Payroll reports.
Dealing with queries from staff concerning payroll deduction.
Perform month-end accounting activities such as reconciliation of journal entries
Handle other work assigned by FM / CFO.
Responsibilities:
1. Accounts Payable:
• Process Vendor Invoices like Airfare, Bus fare, Train fare, foreign currencies cash, corporate travel card and corporate credit card as per the company’s policy.
• Instituted thorough cross-checking of pick-lists, receivers and invoices that halted a previous history of lakhs in overpayments to suppliers. Consistently maintained accuracy in calculating figures and amounts such as discounts, interest, commissions, proportions and percentages.
• Entered credit notes, debit notes, Refundable & Non-refundable invoices.
• Supervising payments for all vendors as per Payment Terms.
• Facilitated "no-fault" internal and external audits as a result of sound recordkeeping and thorough documentation.
2. Accounts Receivable:
• Taking the Indent as per customer’s requirement. Generate bill/invoice including all the discounts, taxes, etc. Checking the credit limits of the customer. After supplying the goods/services then follow up for the payments from the customer as per the company’s set up due date.
• If any customer delay to make the payment need to communicate by call or e-mail.
• Prepare weekly MIS reports to the salesmen of the all the customers.
• Take care of cash and cheques from the customer and deposited into the bank.
3. General Ledgers:
• Process Staff travels expense on daily basis for domestic, Overseas, Inter-Office Memo and other expenses of the company.
• Checked all the limits and eligibly as per the company’s policy.
• Inform to Staff for reimburse, dues or pending line items.
4. Monthly Reports:
• Prepare Provision, Ageing Analysis, Employees A/c Reconciliation, Recon Corporate Credit Card and Bank Reconciliation.
5. Quarterly Reports.
• Prepare Quarterly MIS Reports, Reconciliation of vendor and customer accounts, Debtors & Creditors report, Inventory report and other financial reports.
MBA in Finance
❖ Bachelor of commerce (B.Com) General, L.N.Gupta College of Science & Commerce, Osmania University.
❖ Intermediate with C.E.C. Govt. Junior City College, Board of Intermediate Education.