Mumbai, India as Chief Accountant
Dgflick Solution Pvt.Ltd
Total years of experience :33 years, 1 Months
Oversees the daily accounting activities required to maintain the general ledger. Supervises, directs, and reviews the work of the accounting staff (including, but not limited to, cash reconciliations, account statement reconciliations, check runs, accounts receivable transactions, fixed asset activity, payroll, accounts payable transactions, debt activity, recording of revenue and expenses, etc.). Cash Management . Maintains organized set of detailed records and files to document financial transactions. Resolves complex accounting issues or assists other Authority personnel in resolving financial issues. Reviews general ledger on a monthly basis to ensure accuracy of posting. Coordinates monthly, quarterly, and annual closing activities. Produces quarterly and annual financial statements and financial reports.
Handle full spectrum of financial and cost accounting role e.g. Accounts Receivable, Accounts Payable, General Ledger, forecasting, budgeting etc . Responsible for day to day finance and accounts operations . Perform full set of accounts and ensure timely closing of accounts. Perform project cost forecasts/budgets, cost tracking, monitoring and controls. Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to CEO. Review & approve payment vouchers & journal entries Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis. Develop and maintain internal control and effective accounting system and policies for the set up. Support CFO in ensuring that inter company cost allocations are in line with management agreements and transfer pricing policy. Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns. Work conservatively with the respective departments on cost reduction initiatives
Ensure the smooth running of the Accounts Payable department. Performing the month end closing process and reconciliation of the ledgers. Maintain excellent working relationship with external supplier. Ensure the Accounts Payable team are replying to all queries in a timely manner and all queries are dealt with correctly and efficiently. Provide day to day management of the Purchase Ledger team - motivating and l also lead the way in developing processes and efficiency. Regular reporting and analysis to key senior managers• Duties to support the business processing and payment of invoices in multiple currencies.
Cash / Revenue: Perform bank account transfers as directed by MD and FM. Review cash receipts journal entry prepared by the A/P Accountant
Accounts Payable: Review Accounts Payable statement prepared by the A/P Accountant. Review the corporate credit card journal entries and supporting documentation prepared by Accounts Payable Accountant. Month End Close / Financial Reports: Review vendor activity to ensure all monthly invoices have been received and processed . Review contract obligations to ensure all contract invoices have been received and processed. Perform the operating cash account reconciliation and related journal entries . Perform various detailed month-end allocations, shared costs and indirect cost allocations. Review all month end reconciliations and journal entries prepared by the A/P Accountant. Perform various account reconciliations and work to resolve any discrepancies. Other duties / special projects as assigned
Payroll:- Process payroll on a bi-monthly basis for transmittal to payroll service . Prepare the bi-monthly time records allocation and corresponding journal entry . Review time records for errors and make any necessary corrections . Setup and train new employees on the time records system . Respond to any staff questions regarding time records .
Perform all duties in compliance with Financial Procedures Manual. Receive and Enter Bills to Accounting software for Procurement payment. Authorizations (for items covered by Purchase Orders), match with supplier invoices. Receive and Enter Bills to Accounting software for all expenses (supplier invoices not covered by a Purchase Order, staff expense claims and other requests for cheque payments), ensure all are correct, properly authorized and have proper supporting documents attached. Print Bills for payment and enter approval details, place in a temporary file. Receive supporting documents from Field staff monthly and file with payment documents. Investigate and report to Finance Manager reasons for old un cleared Purchase Orders and Item Receipts. Ask Questions of and answer questions from field staff related to deliveries. Reconcile deposit to suppliers and maintain temporary file of Unpaid Bills and reconcile with Accounting Software. Prepare documents for auditors, and suppliers. Occasional Significant Duties.
repares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Maintains accounting controls by preparing and recommending policies and procedures.
Guides accounting clerical staff by coordinating activities and answering questions.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing data base backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains customer confidence and protects operations by keeping financial information confidential.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Accomplishes the result by performing the duty.
Contributes to team effort by accomplishing related results as needed.
Sept '90 - Dec '92 Manreet Sharecons & Leasing Ltd as Accounts Assistant
✓ Bachelor of Commerce from Bombay University in 1990. Certificated is attested from UAE Embassy