Lead Accountant
Softec International
Total des années d'expérience :11 years, 7 Mois
• Control and implement finance decisions, conduct annual audits providing assistance to external auditors and act as liaison between the management and various stakeholders.
• Preparation of financial statements in accordance with IFRS, monthly cash flow forecasting, financial analysis, management accounts and coordination of monthly closing activities.
• Cost and profitability analysis of business units as per projects to the board of directors.
• Reconciliation of financial discrepancies by analyzing information.
• Disbursement of petty cash, recording of entries in the accounting system and verification of documents.
• Monthly payroll preparation and ensure accurate disbursement of salaries after accounting for deductions.
• Analysis of the expenses submitted by employees, ensuring completeness w.r.t validation and reimbursements.
• Management of accounts receivables and accounts payable, keeping up to date invoice register and follow up of outstanding receivables.
• Maintenance of fixed asset register, recording depreciation of tangible assets whereas amortization & impairment of intangible assets.
• Accounting for VAT on monthly basis, preparation and filing of Quarterly VAT returns as per FTA laws and regulations.
• Management of company’s bank accounts and processing of vendor payments timely.
• Plan, conduct/supervise the various operational audit activities related to sales and logistics being carried out within the scope of zonal audit department.
• Assisting Audit Manager with risk assessment and development of audit plan/ program.
• Participating and conducting onsite audit assignments, performing field work in accordance with audit program & conducting surprise inspections.
• Ensures that duties are being carried out efficiently and professionally in accordance with the departmental objectives.
• Perform audit procedures as per international standards of auditing, identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.
• Communicates the results of audits and nature of audit work at the field visit via written audit reports.
• Examining and re-engineering operations and procedures, formulating policy, developing and implementing new strategies and procedures.
• Quarterly verification of sales incentives for field force, distributors and shopkeepers with the primary and secondary data.
• Verifying / validating financial transactions before their recording in SAP.
• Ensuring compliance with policies, standards, procedures and applicable laws and regulations.
• Quarterly stock-take and reconciliation with the system and report the differences to the senior management for stock adjustment.
• Creation and implementation of policies regarding the optimization of the audit process and suggesting improvements to overcome internal control weaknesses within the control environment.
• Plan & conduct internal audits in a professional manner, ensuring that major risk areas are addressed therein.
• Monitoring progress of audit reviews, etc. to ensure that audits are completed in accordance with International Auditing Standards.
• Carry out monthly budget reviews, analyse the expenses trend with respect to approved budgeted figures, analysing the year to date expenses for each SBU and reporting deviations.
• Monthly reporting of operational audits performed on quarterly basis. This involves tests of control and substantive procedures on the transactions and account balances, review of base documents and reporting findings via audit report.
• Perform monthly payroll audit (head office, factory, marketing head office and marketing field force)
• Prepared audit manual for the company.
• Perform monthly sales analysis and review the relative ROIs brand wise, product wise and division wise.
• Perform monthly production and general warehouse stock take and perform aging analysis on different warehouses in ERP.
• Perform production batch audits on quarterly basis and reporting wastage analysis to the management.
• Making appropriate recommendations for control weaknesses within the internal control system relating to all departments of SPL.
• To verify the cash and marketing field force expenses every month and to analyze the expenses with respect to the advances and the frequency of marketing advances.
• Review taxation compliance such as income tax and sales tax for goods and services for registered and non-registered businesses w.r.t the taxation slabs and rules and regulations.
• Plan & conduct internal audits in a professional manner, ensuring that major risk areas are addressed therein.
• Monitoring progress of audit reviews, etc. to ensure that audits are completed in accordance with International Auditing Standards.
• Carry out monthly budget reviews, analyse the expenses trend with respect to approved budgeted figures, analysing the year to date expenses for each SBU and reporting deviations.
• Monthly reporting of operational audits performed on quarterly basis. This involves tests of control and substantive procedures on the transactions and account balances, review of base documents and reporting findings via audit report.
• Perform monthly payroll audit (head office, factory, marketing head office and marketing field force)
• Prepared audit manual for the company.
• Perform monthly sales analysis and review the relative ROIs brand wise, product wise and division wise.
• Perform monthly production and general warehouse stock take and perform aging analysis on different warehouses in ERP.
• Perform production batch audits on quarterly basis and reporting wastage analysis to the management.
• Making appropriate recommendations for control weaknesses within the internal control system relating to all departments of SPL.
• To verify the cash and marketing field force expenses every month and to analyze the expenses with respect to the advances and the frequency of marketing advances.
• Review taxation compliance such as income tax and sales tax for goods and services for registered and non-registered businesses w.r.t the taxation slabs and rules and regulations.
Analysis of Financial Statements
Book keeping
Risk Analysis
Tests of controls and substantive testing
Bank Reconciliations Expenses tracking against grants for an NGO
Management Sciences
Association of Chartered Certified Accountants
I have done CAT in first attempt. I have attempted and passed 5 papers in a row in one attempt.
I was headboy since 2003-2005. I was the captain of football team and we won inter school competition in 2004.