Accounts Supervisor
AL BARAKAH HOLDING
Total years of experience :21 years, 7 Months
Currently I am managing group payroll
* Financial Accounting and Reporting.
* Managing accounts receivable and accounts payable
* Budgeting and forecast
* Month and year end closing.
* Periodic reporting
* Internal controls.
* Supervising compliance is adhered as required by internal and external policies
Participating in preparing monthly and quarterly financial statement by closely monitoring month end closure journal entries
•Effective Cash flow management to ensure funds are available to meet ongoing operational and capital investment requirements.
•Liaising with local and international banks for maintaining existing financing facilities and ensure appropriate monitoring of company finance is maintained
•Participating in formulating budget and reporting to management for variance with proper reasons.
•Developing and maintaining strong mutually benefical relationship with bank, supplier, customers and other external parties.
•Engage in ongoing cost reduction analysis in all areas of the company.
•Supervising staff and resolving their problems with effective communication and guidance and also training them where ever required.
Managed and Executed E2E export orders processing including all financial and audit aspect.
Meeting the deadlines of export order by proper and effective co-ordination with different departments, internal and external customers.
Reviewing regularly credit terms of the export clients and regular follow ups for payments as per credit policies of company and following up for the over-due payments to minimize the bad debts, highlight any deviations in the collection if any and update the same to export sales managers and management accordingly.
Single point of contact for customer, export sales manager and internal departments.
Processing Export documents for collection under Letter of Credit / collection through bank...
Preparing weekly / Monthly export sales reports and submitting to management.
Actively supporting export sales team and participating in execution of export sales strategies.
•Processing all trade related banking transactions with documentations including trust receipts, STL (short term loans), LC along with proper accounting disclosures.
• Management of all banking related requirements of the Company which includes monitoring of daily cash position in banks, redeployment of surplus funds, managing rollover of Short Term Loans, preparing application for renewal/enhancement of Working Capital facilities /new term loans from banks & related operational follow up with them for such sanctions/facility management.
•Effective pay off planning for liabilities /overheads thru cheques, TTs, Central Bank Transfers and electronic transfers.
•Accurate booking and timely settlement of suppliers invoices by transferring funds thru online banking.
•Supervising day to day cash transactions & its reconciliations.
•Maintained a cash forecasting system to ensure that adequate funds are available to meet the working requirement.
•Ensure compliance with policies and guidelines.
•Managing working capital requirements, cash flow and routine financial operations of the company to ensure adequate liquidity by continuous monitoring of receivables and payables and its reconciliation on regular basis.
•Ensuring complete and proper accounting of money collected and deposited.
•Exercising internal control on all reconciliation and ensuring its submission to management on time.
•Exercising internal control on all processes and descilipine in upkeep of books of accounts.
•Exercise due control on all stock and ensure timely and proper reconciliations / records.
•Introducing and implementing systems and processes to facilitate smooth work flow in the organization.
Devising and implementing policies / procedures for all round development of company as well as reducing overall cost of the company thru various means. All logistic control on business operations in terms of proper invoicing of company’s product.
•Control on operations concerning finance part of all Vodafone Shops under the ZONE
•To act as solution provider to business on all commercial fronts.
•Communications and co-ordination with all trade partners.
•Maintaining proper co-ordination and communication within cross functional departments under branch.
•Exercise due controls on trade partner’s payout in terms of proper checking and validation of claims
•Managing operational expenses of branch in co-ordination with Head Office and ensure all HR policies related to Finance are duly followed.
•Executing statutory payments, Salary Payments, creditors/ supplier payment on basis of ageing report.
•Safeguarding of company’s assets.
•Reconciliation of Customers and Suppliers Account
•Preparing Bank wise daily Fund position.