Senior Finance Executive
Vector Logsol LLC
مجموع سنوات الخبرة :19 years, 1 أشهر
Significant Highlights:
• Instrumental in handling NVOCC department in terms of checking delivery orders and bill of lading issued to client (signed delivery order and bill of lading).
• Proven experience in effectively managing cash flow, following-up with clients relating to receivables, closing books on a monthly basis, finalizing financials for audit, and coordinating with the auditor to ensure successful completion of audit.
• Acted as a key part of the global tender team while assisting in handling bidding activities for tender to provide to Kraft Heinz.
Key Deliverables:
• Managing various aspects of trade finance, including applying for invoice discounting and follow up, liaising with banks for facility renewal or new term loan, as well as maintaining record of invoice discounting payments.
• Monitoring performance of accounts team, ensuring that daily accounting entries are recorded in the company system, and providing on-time payment to the creditors.
• Providing accounting reports to the management on timely basis, including cash flow report, profit tracker, sales performance, and MIS.
Significant Highlights:
• Approved cash disbursements by verifying check amounts against invoices and authorizing checks/wire transfers.
• Verified employee benefit invoices and reviewed payroll file on a monthly basis.
• Provided inputs in strategic plans and reviews, thus meeting accounting operational standards, also implemented production, productivity, quality, and customer service standards.
Key Deliverables:
• Accountable for maintaining cash flow within the company by monitoring bank balances and cash requirements, also invested excess funds.
• Adhered to accounting financial standards; provided accurate annual budget information to accounting department, monitored expenditures, identified variances, and implemented corrective actions.
• Identified and resolved accounts related problems as well as implementing system improvements.
• Approved ledger entries by monitoring and auditing transactions.
Significant Highlights:
• Maintained record of outstanding payments of employees while following-up with them for bills submission against cash advance.
• Conducted daily ageing analysis advance payment to employees and suppliers.
• Prepared quarterly budget planning report, thus ensuring provision of necessary funds.
Key Deliverables:
Accounts:
• Recorded employee bills and other related expenses in a company accounting system while handling petty cash.
• Gathered required data from tally and accordingly prepared the business plan.
• Prepared stock report and weekly cash flow statements, also managed outflow on the basis of the projection.
• Regularly followed-up with the creditors for invoices and issuance of payment to suppliers.
• Assisted accounts manager in handling payroll activities.
• Reconciled creditor outstanding with company books and followed-up for pending invoices.
• Reconciled the related party books on a monthly basis to close the surplus liabilities.
Trade Finance:
• Arranged letter of credit, obtained bank guarantees, and acted as a key member in managing working capital by arranging funds through invoice discounting.
• Processed CIL/TR for the company payments to suppliers and other requirements.
General Accounts:
• Effectively coordinated with the team members and seniors while assuming responsibilities of a accounts executive in his absence.
• Maintained petty cash, analyzed expense statements, recorded purchases, sales, freight invoices, and other creditors into books.
Significant Highlights:
• Maintained MIS reports of the company for daily and monthly sales report of the branch.
• Made necessary arrangement for the office internal/external training at the regional level.
• Conducted quality check of the new policy application at the branch level.
Key Deliverables:
Accounts and other responsibilities:
• Maintained petty cash of the company, issued cash payments, accounted cash expenses, reconciled petty cash, and reported to the branch head.
• Handled receipts of the branch in terms of cash, cheque, and credit card.
• Prepared collection reporting and obtained regular updates on the collection of the premiums from agents.
Admin
• Oversaw administration activities of the branch, including company registration and MOA while ensuring compliance with the Indian laws.
• Led office admin and customer service teams along with overseeing office maintenance work and other requirements.
Customer Service:
• Attended walk-in clients and collaborated with respective branches to resolve their queries.
• Coordinated with the regional and head office authorities while implementing new application processes in time.
Significant Highlights:
• Followed-up with the debtors on outstanding amount and obtained updates on the status of payment from them.
• Updated daily sales request in system and ensured on-time delivery of items to clients.
Key Deliverables:
• Undertook responsibility of accounting daily purchase, sales, receipt, and payment in the system.
• Placed request for new purchase depending upon the demand.
• Reconciled the stock, including physical and manual.
Significant Highlights:
• Followed-up with the debtors on outstanding amount and obtained updates on the status of payment from them.
• Updated daily sales request in system and ensured on-time delivery of items to clients.
Key Deliverables:
• Undertook responsibility of accounting daily purchase, sales, receipt, and payment in the system.
• Placed request for new purchase depending upon the demand.
• Reconciled the stock, including physical and manual.
Significant Highlights:
• Followed-up with the debtors on outstanding amount and obtained updates on the status of payment from them.
• Updated daily sales request in system and ensured on-time delivery of items to clients.
Key Deliverables:
• Undertook responsibility of accounting daily purchase, sales, receipt, and payment in the system.
• Placed request for new purchase depending upon the demand.
• Reconciled the stock, including physical and manual.