Senior Accountant
Makkaj Perfumes
Total years of experience :6 years, 3 Months
Makkaj Perfumes is an Indian perfume manufacturing company focused in perfume trading in middle east and Indian markets
Responsibilities / Duties performed
Submission of financials, Consumption reports, Sales report, and Management reports on monthly basis.
Month end account closing activities - Responsible for passing of month end journal entries and for ensuring appropriate accounting of revenues, expenses, assets and liabilities
Monthly scrutiny of the ledger accounts prior to closing of accounts for the month. Errors noticed during the scrutiny are rectified by passing of the rectification entry.
Conduct Variance analysis and costing exercises for Management reporting.
Controlling and forecasting income and expenditure, and ensuring expenditure is in line with the budget.
Recommending strategies to reduce costs.
Communicating financial data to non-financial managers.
Monthly analysis of financial statements for continuous improvement and value addition.
Cost calculation and pricing of products
Working capital planning, forecasting & analysis
Handle full spectrum of financial and cost accounting roles (AP, AR, GL, Forecasting, Budgeting).
Review all intercompany transactions and generate invoices as necessary.
Coordinating with other Region BUs for monthly reconciliation and reporting.
Performs internal audits & assisting External auditors with their Queries
Swiss Properties & Investments LTD is a UAE based Real estate company
which focuses investments in Lands, Villa Projects, Apartments & Labor
camps. The operation of the company consists sale & lease of properties.
Duties Performed
Manage all financial accounting activities including financial
reporting, financial controls, cash management, banking & audit.
Manage receivables and payables, follow-ups, and corrective
actions.
Finalization of monthly accounts and periodical accounts.
Cash flow forecasting and discussions with Management.
Handling All VAT related activities of the Organization.
Managing entire payroll and WPS system.
Reconciliation of Bank, Accounts Payables & receivables.
Timely payment of Service charges, Insurance & other utility
bills of the properties.
Asset Accounting, Inter Unit Stock Transfer Reconciliation, GL analysis and Reporting, schedule preperation for final accounts, Assisting preperations of Final Accounts, Assisting Statutory Auditors, GST Reconciliation, Debit note/Credit note Accounting, Collection and Consolidation of data's from SBUs, Budget Allocation, Variance Analysis, Internal order creation and allocation of funds, Monthly Consumption and inventory reviews, Training of new casual workers and diploma trainees, Miscellaneous reports.
Receivables Management- Review and Approval.
Ensuring adequate bad debts provision as per group policies.
Ensuring the sufficient and timely cash inflows.
Reporting status of debtors to management on fortnightly basis.
Payables Management- Review and Approval & Credit Management.
Maintenance of purchases ledger, sales ledger.
Reviewing and reconciling profit and loss accounts and balance sheet accounts.
Review all vendor payments before disbursements to ensure that all such payments are as per agreed payment terms are followed.
Prepare reports for all maintenance activities carried out property-wise for monitoring purpose and to make adequate provision of maintenance expense in books of records.
Prepare and submit weekly/monthly reports
Preparation of monthly/yearly closings.
Preparation of monthly and yearly budget.
To ensure that all open reconciliations items are being monitored and closed in due course.
Receivables Management - Collection and Reporting.
Prepare monthly reporting reconciliations.
Maintain a track of invoices, payment due dates and collection of revenue.
Preparing penalty and provisional invoices.
Assisting Internal Audit.
MIS Support to Chief Accountant, General Manager and Chairman.
Management Reporting.
Invoicing and collection of service charges & Expenses recovery.
Accounting & Reporting.
Cash Management.
Routine Business and Personal Payments.
Banking Relation - Deposits, Collection and Bank Reconciliation.
Preparing various reports for the management which plays a key role in every planning & decisions.
ICWA