Niyad Thazhathethil

 Accounting purchase and maintaining stock of Gold & Diamond Jewellery, Watches & Sunglasses on regular and consignment basis.
 Taking care of the complete purchase process including item and attribute creation, assigning product hierarchy to the items in ERP D365.
 Costing of Gold & Diamond Jewellery, watches, sunglasses and Duty Free.
 Price Revaluation & Devaluation, Markup computation and GP working.
 General Ledger and Inventory reconciliation (Regular, Consignment).
 Trade supplier payment (Regular and Consignment) coordination and preparation.
 Collecting supplier complete KYS documents and verifying for AML purpose.
 Taking care of intercompany purchase, sales and stock transactions.
 Group Sales and GP comparison on a daily basis & Sales reconciliation.
 Online Bank Payment Process & Bank reconciliation (UAE & Overseas banks).
 Preparing VAT summary and submitting to manager for VAT return and VAT accounting in ERP.
 Processing shipment accounting and stock transferring overseas.
 Processing group sales incentive calculation monthly.
 Assisting external and internal audit by providing related documents, supporting, and attending with valid explanation.
 ERP D365 Finance, SCM and Retail go live support for staff.
 Coordinate with ERP technical team for process customization and testing.
 Prepare monthly sales & stock analysis report, Consignment and Duty-free report, Month end financial MIS report.

Preparing monthly management accounts and presenting to finance manager for review;
•Review and pass accounting entries on day-to-day basis;
•Keep track of petty cash accounts & preparing monthly petty cash reconciliation;
•Creating sales invoice as per sales order and packing list (Export and Local sales);
•Recording the Purchases transaction as per GRN and creating LPO as per purchase requisite;
•Preparing monthly bank reconciliation statement (Both USD and AED A/c) and handling postdated cheques;
•Performed accounts payable and accounts receivable functions (AR & AP), releasing approved fund, through wire transfer (TT) and postdated cheques;
•Preparing aging report for customers and suppliers on a regular basis;
•Preparation of production report of carpets daily and monthly;
•Updating daily inventory statement and preparing monthly stock report;
•Updating daily branches reports and preparing monthly branches report (GCC) and presenting to Finance Manager and Managing Director;
•Knowledge about employees payroll and WPS method.

Preparation of bank payments & transfers (NEFT, RTGS);
•Preparation of bank reconciliation statements;
•Preparation of daily and monthly reports;
•Preparation of debtors and creditors ledger reconciliation;
•Handling manual stock registers;
•Responsible for recording all month end closing entries including provision entries;
•Data entry of sales and purchases;
•Preparation of sales incentives, over time and special incentives;
•Daily cash and stock tally at closing time;
•Responsible for verifying and processing Payroll thru HRMS system. Preparation of leave salary & final settlements.