Accounts Manager
Modern World Company for Industry
Total years of experience :16 years, 6 Months
• Verify, allocate, post and reconcile accounts payable and receivable
• Produce error-free accounting reports and present their results
• Analyse financial information and summarize financial status
• Spot errors and suggest ways to improve efficiency and spending
• Provide technical support and advice on Management accountant
• Review and recommend modifications to accounting systems and procedures
• Manage accounting assistants and bookkeepers
• Participate in financial standards setting and in forecast process
• Provide input into department’s goal setting process
• Prepare financial statements, MIS and produce budget according to schedule
• Tax audits and tax, analysis, filing and returns (VAT )
• Direct internal and external audits to ensure compliance
• Plan, assign and review staff’s work
• Support month-end and year-end close process
• Develop and document business processes and accounting policies to maintain and strengthen internal controls
Create and analyze liability, asset, and capital accounts by compiling electronic data and required documentation
Summarize and prepare financial status and transactions reports, including a profit and loss statement, and other necessary reports
Comply with all federal, state, and local protocols including legal requirements, and interpret new and existing legislation
Create a Standard Operating Procedure (SOP) manual for accounting policy and regulations, and roll out reconciliation procedures
Monitor and maintain a new audit system by implementing new policies and procedures in the finance department
Guide junior accountants and other staff by answering questions and coordinating informational classes
Focus on tax compliance, state business registration, contract review, and non-profit tax filing
• Perform financial analysis and reporting to management as needed.
• Perform month-end accounting activities such as reconciliations and journal entries.
• Coordinate with finance team to complete assigned accounting tasks within deadlines.
• Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
• Generate financial reports and statements to Managers for review.
• Analyze financial discrepancies and recommend effective resolutions.
• Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
• Respond to accounting inquiries from management in a timely fashion.
• Provide guidance to other Accountants when needed.
• Assist in budget preparation and expense management activities for assigned accounts.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Monitor and record financial transactions according to company policies and regulations.
• Review and recommend changes to existing accounting procedures
• Created innovative revenue system that increases the overall growth of the organization.
• Ensuring that the Customer sub-ledgers is reconciled and receipts are matched with the invoices. Any unidentified receipts is investigated and allocated to customer accurately.
• Kept records on accounts like expenditures, Income analysis, Cost Center Profit Analysis.
• Determines cost of operations by establishing standard costs; collecting operational data.
• Identifies financial status by comparing and analyzing actual results with plans and forecasts.
• Guides cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions.
• Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management.
• Reconciles transactions by comparing and correcting data.
• Maintains database by entering, verifying, and backing up data.
• Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials.
• Increases productivity by developing automated accounting applications; coordinating information requirements.
• Protects operations by keeping financial information confidential.
• Maintains technical knowledge by attending educational workshops; reviewing publications.
• Contributes to team effort by accomplishing related results as needed.
• Handling all Banking procedures and Reconciliation (Including- LC/DC).
• Producing the monthly receivable aging, ensuring that there is documented approval for any deferral of receivable or inventory provisions which are deviations from the finance policy.
• Support to Auditors for Internal & Final Audit.
My Duties & Responsibilities
1. Feeding of receipts & journal.
2. Daily cash checking.
3. Cost Center profit checking.
4. Taking Inventory & Stock verification.
5. Reconciliation of Bank & Branch statement.
6. Taking profit& loss A/C& Balance sheet.
7. Handling all procedures of Letter of credit (LC & DC).
8. Invoice certification of LC Payment.
9. Taking debtors, creditors list Fixed Asset schedule.
10. Supporting internal auditors& statutory auditors up to finalisation.
11. Income statement project wise.
12. MIS report taken.
Feeding of petty cash vouchers, Feeding of receipts & journal, Daily cash checking, Fund requisition & Fund transferred to Maruti, Cost Center profit checking, Taking Inventory & Stock verification, Reconciliation of Bank & Branch statement, Taking profit& loss A/C& Balance sheet, All income tax& sales tax procedures, Filing Service tax, TDS, PF&ESI matters, Taking debtors & creditors list, Supporting internal auditors& statutory auditors up to finalization, Budgeting, MIS report taken & submitted to CEO Desk, All administrative matters with accounts & finance.