Finance Manager
LA ROSIST ROSE LLC
مجموع سنوات الخبرة :12 years, 2 أشهر
Company Industry: Retail Flower &Chocolate.
• Develop and execute financial plans to drive retail profitability.
• Prepare and present financial statements, MIS reports, and forecasts to the CEO.
• Implement strategies to manage expenses and enhance profitability.
• Ensure adherence to Airport regulatory requirements.
• Review and recommend changes to existing accounting procedures.
• Direct administration, execute employee payroll, and ensure rigorous adherence to company rules and policies.
• Ensure compliance with tax regulations, managing tax filings, and optimizing tax strategies to minimize liabilities.
• Monitor cash flow, optimize cash balances, and ensure funds are available for operational needs and investments.
ACHIEVEMENTS
• Pioneered and executed the deployment of the Inventory Management & Billing POS system, leading to centralized accounting functions and optimized inventory control.
• Developed a structured workflow system, boosting productivity, improving time management, and enhancing organization.
Company Industry: Exhibition and Interior.
• Generated and scrutinized financial statements, income statements, balance sheets, and cash flow statements.
• Analyzed financial discrepancies and recommended effective resolutions.
• Monitored expenditures, analyzed revenues, determined budget variances, and reported them to management.
• Provided financial data and monthly Management Information System (MIS) reports to the CEO.
• Managed VAT and corporate tax registration, executed VAT return filings, and oversaw VAT-related accounting.
• Optimized working capital through strategic management and implemented precise cash flow forecasting.
• Orchestrated project budget preparation and meticulously managed expenses.
• Assisted in auditing activities by providing necessary information and preparing requested documentation.
• Monitored and reviewed journal entries, accruals, and adjustments for accuracy and completeness.
• Facilitated daily sales meetings and assessed sales performance.
ACHIEVEMENTS
Contributed to performance improvements by optimizing ZOHO Books accounting and digitizing document control systems, resulting in a smoother workflow.
• Administered day-to-day working capital and compiled monthly fund flow and cash flow reports.
• Conducted monthly and quarterly internal audits while furnishing necessary information for external auditors.
• Validated and approved work orders, purchase orders, letters of acceptance, bank guarantees, vendor invoices, and letters of credit for import purchases.
• Oversaw accounts payable, accounts receivable, bank reconciliations, journal entries, general ledger, and bookkeeping, concurrently implementing month-end closing procedures.
• Executed the computation and E-filing of monthly and quarterly returns for TDS, GSTR-1, GSTR-3B, labor welfare fund, Service Tax, and VAT.
• Managed SEZ (Special Economic Zone) compliance, overseeing Bond-Cum-Letter of Undertaking, statutory documentation, SEZ half-yearly reports, customs clearance, material list approval, and job work approvals.
• Validated and authorized bills of entry in the SEZ online portal and issued Form L, Form F, Form A2, and ARE-1.
ACHIEVEMENTS
• Implemented the Candy Build Smart system, resulting in effective cost control and identification of budget variances. Facilitated management in making informed decisions for fund flow planning, budgeting, and cost control.
• Computed and E-filed monthly VAT returns, as well as filed quarterly returns for TDS, TCS, F-forms, and C-Forms.
• Streamlined the utilization of SAP accounting systems to accurately record purchase orders, sales orders, receipt notes, and delivery notes. Managed rejections in and out, credit notes, debit notes, Tax invoices, handled scrap billing, and oversaw stock transfers.
• Administered expenses, receipts, payments, conducted bank reconciliations, and supervised working capital.
• Assist in month-end closing, prepare necessary journal entries, and analyze inventory evaluations.
• Initiated the employee payroll process and supervised overall administration tasks.
• Managed the accounting for fixed assets and maintained the fixed assets register.
ACHIEVEMENTS
• Successfully reconciled inventory discrepancies with SAP stock and resolved all stock variances.
• Initiated the clearance of all non-moving stock and supported the dispatch department in implementing 5S.
• Managed routine accounts payable and accounts receivable and assisted in month-end/year-end close processes.
• Processed employee payroll and ensured timely and accurate disbursement of salaries.
• Verified customer loan accounts to ensure accuracy and identified any discrepancies through reconciliation.
ACHIEVEMENTS
• Analyzed and identified non-performing (NPA) accounts. Initiated the process for clearing accounts and ensured pre-emptive payments, resulting in reduced Bad debt losses and increased profitability.