Murali Venkatachalam

General Manager & Directors
Current Work Synopsis:
* Responsible for the Maintenance and Monitoring of Divisional Finance & Accounts
* Monitoring Cash & Bank position on daily basis and maintain adequate fund with various account.
* Optimizing the cash flow management
* Dealing with various Bankers for FX Deals, Guarantees, L/C & Banking Facilities.
* Budgetary & Forecasting by various business across company
* Reviewing the monthly and periodic P&L and analysis the Actual vs Budget
* Discuss with Head of Business in all financial analysis and report to the Management
* Monitor investments and major capex reviews and appropriate recommendation
* Monthly Review of all Schedules like Prepaid, Provision, Accruals & Advances Account.
* Monthly Review of Bank Reconciliation and ensure that all entries are passed & bank charges as per agreed terms.
* Review of AP/AR Reports and gives proper advice to the team for clearing & collection of any dues
* Dealing with Internal & Statutory Auditor and provide required information & Schedule
* Periodic Review of Job wise Performance and will take appropriate action any deviation against estimation
* Dealing with Insurance Company in order to take appropriate cover for all Companies Assets and employees as per
requirement of Law & Policies.
* Negotiate with Insurance Company on Premium Price
* Coordinate with Loss Adjuster & Insurer in case of any Claim.
* Debtor management - Control of debtor days
* Credits management- Ensuring payments to vendor are as per due days.
* Give necessary guidance to develop a strong finance, cost control team
* Review of Contracts/ Agreement and provide necessary advice to Commercial Department
NOTABLE ACHIEVEMENTS:
* Participate on the Upgradation of Oracle JDE & Implementation of HR and Payroll Module
* Implementation of system control on Various Admin. Expenses in Oracle
* Implemented various control / system on Time sheet process & Man hour Utilization
* Leading the system development report through COGNOS which are effective tool in making
Strategic management decision.

Experience Summary:
* Processing of Payroll for the Damas Group consist of more than 2000 employees.
* Maintenance of Employee master, leave & Ticket balance etc.
* Reviewing of Attendance Report from Biometric system and consider payroll accordingly
* Reviewing of Overtime report and ensure that it has been paid as per company policy
* Preparation of Monthly provision statement for Gratuity, Leave salary etc.,
* Monitoring of End of Service benefits and other terminal benefits of the employees.
* Submission of various analytical reports pertaining to salary and employees related expenses to the management
* Independent handling of Accounts for few divisions of the group up to finalization
* Controlling and monitoring the stock position of retail units and preparation of stock movement reports
* Preparation of monthly Profit and Loss account and schedules to that
* Submission of Flight Occupancy and Profit & Loss report to Head Office on daily basis
* Preparation of agent wise sales and stock report on monthly basis
* Co-ordinate with various Airlines for Inter Airline billing and payment
* Reviewing of Debtors and Credits account and reconcile on monthly basis
* Maintenance and controlling of Ticket Stock with various Agent and various stations
* Reviewing Station wise daily collection report and ensure that the same has been transfer to Head office Bank
Account
* Submission of Report to DGCA with regard to Flight Occupancy
* Submission and processing of payment to IATA for Inter- Airline Billing and reconcile
* Periodic Visit to all Stations (45) for Accounts Audit and implementation of system as per company rules and policies