ACCOUNT HEAD
AZURE DIAMONDS DMCC
Total years of experience :20 years, 6 Months
Oct’2014 - till date: Azure Diamonds DMCC, Dubai, United Arab Emirates as ACCOUNT HEAD
A: Core Accounting: -
• Taking Care of Accounts up to Finalization for Dubai, Hong Kong & Australia branch
• Group consolidation for Dubai, Hong Kong, Australia, Belgium and India entity
• Inter group’s reconciliation of all Sales and Purchase and other Inter Company’s accounts.
• Preparing Management Report like, Account Receivable Report, MIS, for Azure Group, Managing fund flow, Inventory Report and Gold and Diamond Net Margin and Gold Melting Report.
• Maintaining Director’s personal Balance Sheet and Profit and loss and Net worth position.
• Stock Movement and Reconciliation.
• Reporting to Director on a regular basis and reviewing and escalating issues as appropriate.
• Dealing with Auditor for finalizing yearly Balance sheet for Dubai, Hong Kong & Australia entity.
• Participate in the ongoing strategic planning process as an integral member of the senior management team.
B: Banking related Work: -
• Monitoring and Maintaining Bank Flow, Account Receivable and Payable review.
• Managing pledge financing with the Bank, rollover the finance on due basis
• Making Online Payment to suppliers and various Company’s expenses
• Inward remittance follows up with the Bank & resolving Bank issues/ queries and developing relation with the bankers.
C: Other related Work: -
• HR Payroll & WPS, Commissions and Staff Benefits Management as per U.A.E laws.
• Administrative work for smooth conduct of accounts.
Taking Care of Accounts up to Finalization, Banking Operation, Inter Group Reconciliation, BRS, MIS, Weekly, Monthly Bank line Report
A: Core Accounting: -
#Taking Care of Accounts up to Finalization for 1 subsidiary with 3 outlets.
#Preparing Management Report like Monthly MIS for Head Office and outlets, Cash Flow, Inventory Report and Gold and Diamond Net Margin and Gold Melting Report.
#Close Checking with each and every Shipment Made, Stock Movement and Reconciliation.
#Inter groups reconciliation of all Sales and Purchase Ledger and Inter Company’s accounts.
#Resolve complicated payment / invoicing queries and communicating outcome to relevant parties.
#Reporting to V.P. on a regular basis and reviewing and escalating issues as appropriate.
#Participate in the ongoing strategic planning process as an integral member of the senior management team.
B: Banking related Work: -
#Monitoring and Maintaining Bank Flow, Account Receivable and Payable review.
# Making Online Net Banking Payment to Creditors and Utility bills.
# Inward remittance follows up with the Bank & resolving Bank issues/ queries and developing relation with the bankers.
# Monthly Reconciliation Of Bank Statements.
C: Other related Work: -
#HR Payroll & WPS, Commissions and Staff Benefits Management as per U.A.E laws.
# Administrative work for smooth conduct of accounts.
A: Core Accounting: -
# Petty Cash, Bank & Cash Receipts and payments
#Verification and Deduction of TDS, Depositing of TDS and Issue of TDS Certificate.
# Interacting with internal auditors for Quarterly audit.
# Preparation of MIS Reports, Daily Sales Report & Fortnightly YTD & MTD Report, Weekly Cash Flow & Debtors & Creditors Positions
# Inter Unit and Groups Reconciliation, Preparation of Quarterly TDS return
# Preparation of Half yearly ESI & Professional Tax return and liaison with consultant for Assessment
B: Banking related Work: -
# Online Net Banking Payment, Inward Receipts follow up with the Bank.
#Monthly Reconciliation Of Bank Statements
C: Others HR Related Works:-
# Preparation of Salary, Overtime and Assortment Charges and Maintenance.
# Review of Pay Register, Maintenance of PF Register, ESIC Register, PT Register
# General Administrative and HR related Work
JOB PROFILE -
# Building Accounts and prepare Balance Sheet and Profit and Loss Account.
# Audit all accounts in deep and get resolve the query.
# Base on the Reports Preparation of MIS, Monthly Margin & Expense Analysis Report.
A: Core Accounting: -
# System set up and process design for Accounts up to Finalization.
# Building Accounts and prepare Balance Sheet and Profit and Loss Account.
# Close Checking for stock movement and Stock Reconciliation.
# Audit all accounts in deep and get resolve the query and streamline the accounts.
# Monthly Factory MIS review, Monthly Profit & Loss & Expense Report.
# Store wise Margin Report and Cost Analysis Report.
A: Core Responsibility: -
# Possess the knowledge of the product and pursue the customer to buy the product.
# Making Sales Entry in the Company's Software called 'BAAN'.
# Make arrangement of Delivery of goods as on time and after sales service for customer satisfaction.
A: Core Responsibility: -
# Checking of all types Books of Account of the firm like Sales register, purchased book
# Verifying bank and cash payment bills,
# Dealing with the queries, making the daily record sheet,
# Preparing the Bank reconciliation statement.