Assistant Manager Finance
IPG ADVERTISING & BUSINESS SERVICES LLP
Total years of experience :27 years, 11 Months
Branch Accounts
Handle independently the entire accounts & reporting (Hyperion) to head office and higher authorities. Controlling administration and IT department in the branch.
•Direct the Finance functions in term of daily transactions, policies and procedures in order to meet the organization objectives
•Preparing periodically MIS report, financial & cash flow statements.
•Complete reconciliation of accounts receivable and accounts payable according to the credit terms and management policies.
•Drafting and scrutinizing of client agreements, NDAs, addendums.
•Prepare customer-vendor reconciliation statements & final accounts such as Profit & Loss Account and balance sheet.
•Timely customer, Vendor and GL scrutiny.
•Preparing monthly revenue report, profit margin statements and reporting to higher authorities.
•Preparing monthly reconciliation statements such as bank and inter branch reconciliation.
•Analyse job cost, review internal controls.
•Revenue reorganization and WIP tracking and netting.
•Administering payroll for 35 staff scrutinizing service end & benefits package, leave salary, etc keeping personnel records, procedures, attendance records and ensuring accurate and up-to-date records and reports are completed in a timely manner.
•Design and implement control mechanism to ensure financials activities of business comply with guidelines and standards
•Handling complete banking transactions. Also manage relationships with local banks and renew facilities.
•Handling all tax auditing- Service Tax, Income Tax.
•Collate and analyse financial information from all parts of the organisation
•Review and ensure compliance with corporate policies and procedures
•Weekly Collection reviews with Account Management team
•Review of Departmental margin & profitability, as well as Consolidated Financials
•Initiate the Budget process from financial & operational perspectives, combine the budget, and monitor the performance on a regular basis.
•Credit control, Cost control & Cash flows
•Payroll and corresponding benefits processing
•All Insurances and Declaration of any Addition and deletion; and employee Claims and re- imbursement
•AR & AP reconciliation
•Monitor inventory in term of existence and valuation
•Billing, Sales, Receipts and payments.
•Banking & Finance management.
•Cash flow and working capital management to ensure all funds are available and quality of assets is maintained.
•Monthly MIS & Hyperion reports to Country HQ
•Budget, Budget control & Forecast financial requirements.
•Monthly & Quarterly reviews - Sales and PBT
•Employee recruitments
•Interact with Labour office, Lawyers.
•Interact with Auditors.
•Statutory compliance - VAT, Service Tax, Income Tax, PF, ESI and Filing returns and Assessments.
•Finalisation of Accounts & Balance sheet.
•Capex, Opex requirements and approvals from Board of Directors.
•Authorized Signatory for the branch.
Handle independently the entire accounts & reporting (Hyperion) to head office and higher authorities. Controlling administration and IT department in the branch.
• Direct the Finance functions in term of daily transactions, policies and procedures in order to meet the organization objectives
• Preparing periodically MIS report, financial & cash flow statements.
• Complete reconciliation of accounts receivable and accounts payable according to the credit terms and management policies.
• Drafting and scrutinizing of client agreements, NDAs, addendums.
• Prepare customer-vendor reconciliation statements & final accounts such as Profit & Loss Account and balance sheet.
• Timely customer, Vendor and GL scrutiny.
• Preparing monthly revenue report, profit margin statements and reporting to higher authorities
Handle independently the entire accounts, administration & reporting directly to the management.
•Preparing periodically MIS report, financial & cash flow statements and liaise with Auditors.
•In charge of accounts receivable follow up for aging accounts; prepare customer-vendor reconciliation statements
•Preparing monthly reconciliation statements such as bank and inter branch reconciliation.
•Analyse job cost, review internal controls, business procedures & plan strategies for cost reductions
•Handling complete banking transactions, fair knowledge of Letter of Credits, Guarantees etc and liaison with financial institutions. Also manage relationships with local banks and renew facilities.
•Handling all tax auditing- Service Tax, Income Tax.
Sri Krishna Bankers - Ottapalam
AREAS OF EXPERTISE
Accounting Functions
•Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
•Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements.
•Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.
•Review internal controls, business procedures and plan strategies for cost reductions.
•Analyze financial records for forecasting the future finances and budget requirements.
•Maintain; analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
•Develop, implement, modify and document recordkeeping and accounting systems, making use of current computer technology.
• Administering payroll, keeping personal records, procedures, attendance records, scrutinizing service end & benefits package, leave salary, etc.
•Authorized signatory for the branch
•Inter-company transactions
•Experience in handle multiple agencies in the group
•Global exposure on various account reconciliations for clients like Amazon, Heinz, Sony, Samsung etc.
Internal Auditing
Conduct audits for management to assess effectiveness of controls, accuracy of financial records, and efficiency of operations.
Inspect accounting systems to determine their efficiency and protective value.
Analyze data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud, or lack of compliance with laws, government regulations, and management policies.
Prepare reports of findings and recommendations for management.
PROVEN JOB ROLE
Team Leader - O2C Media
•Handling a team of 26 people for Media billing, Media Payments and various Media reconciliations for multiple agencies in Inter Public Group
•Global reporting on Media incentives and reconciliation of accounts
•Timely payments as per recognized media body’s guidelines
•Various reports as per agency CFO’s requirements
•General Ledger scrutiny
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