Financial Controller
United Technology & Trading Co
مجموع سنوات الخبرة :20 years, 4 أشهر
Head finance functions as Finance Controller with a team of 5 members involving determining financial objectives and design- ing & implementing financial plans & systems to facilitate internal
financial control
+ Leading and managing the operations, instituting financial controls & discipline, effectively discharging functions and achiev- ing higher rate of organic growth; interacting with analyst &
investors to explain company strategy & performance
+ Formulating budgets for material consumption, establishing norms for fixing standards for the year, reviewing performance of the abnormal costs borne and directing cost & detailed variance
analysis
+ Managing finance functions involving determining financial objectives and designing & implementing policies & procedures to facilitate internal financial & process controls
+ Managing cash flow for the entire group, monitoring funds flow and facilitating debtors/creditors control to attain profitability for the company
+ Formulating business plans & annual budgets based on inputs from various stakeholders & building various scenarios with
underlying assumptions; ensuring adherence to budgetary parameters
+ Devise, implement & monitor systems, processes; prepare financial statements; ensure internal control procedures in Finance as well as operational processes
+ Present a true and fair view of the financial position of the compa- ny by preparing financial statements such as P&L Account, Balance Sheet and Annual Reports
Supervised all accounting operations including AR, AP, GL, inven- tory accounting & revenue recognition
+ Approved all journal entries and accruals prepared by general ledger accountants and manage the month end closing, Hands-on experience in billing, monthly payroll and VAT filling
+ Made customer-wise Profitability Analysis, forecasting & system monitoring, Advising Cost control through process and control improvements
+ Collaborated with internal and external auditors during reviews and audits to ensure full cooperation from accounting staff
+ Accountable for approving and authorized signatory for the negotiable instruments after proper scrutiny
+ Maintained organization’s bank relationships, negotiation with Banks and trade finance partners for existing and new facilities like letter of credit, L/C discounting, bank guarantees, revolving
credit, project-based funding, import/export credit etc.
+ Served as core member in implementing & managing Financial Systems
+ Successfully implemented ERP software, Planning & Potting, Data Migration, analyzing Process Designs, Chart of Accounts Structur- ing, Testing, pilot run up to going live, resolving key issues &
roadblocks if any, putting up request for upgradation or add-on’s, monitoring, etc.
Prepared Forms/ Templates/ Policies/ internal controls/ Proce- dure/ Manuals/ Job Descriptions for Finance Department
+ Efficiently managed books of accounts and cash management for project partners (5 separate legal entities)
+ Closely monitored employee’s residence visa’s issuance & renew- als, Trade License renewal for all our company and associates, ISO Audits, coordinating with external PRO for incorporating a compa-
ny in UAE/INDIA
Independently managed Accounts, Finance, Auditing and Logistics (UAE) functions covering Accounts Payable, Accounts Receivable, General Ledger and Inventory, Trial Balance, Profit &
Loss a/c, Balance Sheet, Cash Flow statement, Analytical points on Financials
+ Generated weekly Bank, Cash positions and Cash Budget statement, Bank Reconciliation statement.
+ Controlled Debtors & Creditors and created debtors & Creditors Outstanding list and reporting to Management
+ Carried out reconciliation of receivable & payables with their respective statements
+ Effectively dealt with banks for issue of Letters of Credit and Bank Guarantee and other various issues; managed Procedure and
Processing of Letters of Credit(Imports and Exports/Local and Overseas/Incoming and Outgoing) and corresponded with Suppli- ers and/or Banks for Amendment of L/C
+ Engaged in vouching of Cash and Bank Books, Sale and Purchase Register, Debtors Ledger, Creditors Ledger, General Ledger so as to
authenticate the figures appearing in the Books of Accounts of the client.
Managed budgeting and forecasting of short-term Cash inflow and outflow of airport and maintaining a constant vigil of the total expenses incurred and comparing them with thebudgeted
figures.
+ Monitored receivables & payables from Cargo Agents & prepared the overriding commission statement for GSA agent and payment
+ Handled effectively Cargo Revenue System process for Western India Airports; stellar in setting up new reporting process and training entire cargo and airport accounts team to interface the
cargo revenue figure from Icargo system to accounting ERP (SAP)
+ Looked after confirmation appraisal and performance appraisal for West India accounts staff
+ SPOC for entire network for revenue accounting (CARGO) and managed escalation of request and issues if any related to cargo revenue accounting system (Icargo); suggested solutions and
suggestions for CRA related query for Region West
+ Generated MIS reports sales, Collection, Debtors Ageing, budget- ing reports for facilitating the Top Management in decision making process.
+ Led, mentored and trained 11 team members
of Monthly Analysis of expenses, Daily Cash Flow, Weekly Monthly Asset Reports.
•Receivables & Payables, Ageing of Debtors & Creditors, reconciliation of credit cards.
Finance
Reporting to General Manager
•Verification of Accounting entries, Reconciliation.
•MIS preparation of various reports.
Finance
Reporting to General Manager-Finance
•Accountable for the entire banking transactions.
•Spearheaded entire banking activities, MIS functions .
•Actively involved in coordinating with other office departments for various issues.
•Maintaining details of cheques issues and deposited to determine the accurate value of bank balance. Reconciling balances of bankbook and cashbook.
•Handling Petty Cash independently at HO.
•Interoffice Reconciliation.
•Scheduling payments to suppliers, Reimbursements to Employees.
•Preparation of TDS Certificates & payment thereof.
courses: CMA (Certified Management Accountant) from IMA USA expected completion by
in