SENIOR ACCOUNTANT
BRIDGEWAY SHIPPING
Total years of experience :15 years, 6 Months
Key Responsibilities:
Managing a team of 10 members and managing the entire accounting/finance operations including finalization of accounts and preparing management level reports ensuring accounting standards are up to date.
Determine financial objectives and prepare & implement systems, policies & procedures to facilitate internal financial control in various areas.
Manage and control all financial aspects of individual projects including cash flows, trends, cost control and budgetary compliance to ensure profitability.
Strategize adequate measures while monitoring the inward & outward flow of cash, ensuring optimum utilization of available funds towards the accomplishment of corporate goals.
Prepare P & L Accounts, Balance Sheet, Trial Balance, General Ledger, MIS, Budgeting, and complete finance functions. Ensure timely preparation and maintenance of appropriate records of Payables & Receivables.
Formulate budgets and conduct variance analysis to determine difference between projected & actual results while implementing corrective actions.
Potentially, responsible for company insurance, licensing, contracts, supplier relationships, and import-export requirements.
Undertake timely preparation of annual budget, monthly report, Analysis & analysis of variances with targeted figures, preparing daily, weekly, monthly, quarterly & annual MIS reports in structured format.
Engage in debt management by ensuring timely preparation and maintenance of appropriate records of Receivables for recovery of all payments.
Key Accomplishments:
Played a stellar role in streamlining cash flow and receivable by formulating policy to allow only 3 days of credit for customs duty payment. Established policy to make payments through account payee cheques for payments above AED 500.
Significantly contributed by enhancing internal controls that successfully reduced anomalies with authorizations through introduction of internal process controls for credit notes, petty cash and inventory purchase.
Displayed acumen by streamlining departments and separating accounting and administration functions thus in eliminating time consuming administrative tasks from the workload of the accounts team.
Outstanding role in creating bin locations and introduced bar coding systems in the warehouses along with the supervision of bespoke warehouse software.
Instrumental in leading teams to train in ISO standards and guidelines, preparation and co-ordination of audit calendar acting as a communication channel between ISO representatives and the Company
Key Responsibilities:
Handling all accounting transactions for Relocation (Dubai & Qatar Office) Exhibitions and Art Logistics departments
Perform general accounting duties such as accruals, general ledger and payments
Responsible for all cash and bank related activities
Prepare audit schedules and resolve audit issues identified by external auditors
Preparation of all international wire transfers and local payments.
Monthly reconciliation of Bank statements, CDR, Intercompany reconciliation
Submits period analysis and monthly reports within approved deadline dates and presentation of MIS Reports & KPI’s to the Management
Monthly presentations to the senior management on profit and loss including sales, cost of sales, various expenditures, variance analysis, explanations, and sales volume information
Monthly closing of Jobs after checking the costs and variance in estimated GP
Finalization, monthly and annual closing and preparing of financial statements.
Booking all types of Provisions on a monthly basis
Prepare sales invoice by analyzing job report, estimates and supplier/agent charges
Identify time consuming bottleneck and recommend improvement in processes.
Investigate and resolve customer disputes
Maintaining Inventory and physical verification of stocks
Key Accomplishments:
Streamlined job closing in such a way to close the job as and when it is completed where by reduced the pile up for last one year
Lead team in achieving FIDI accreditation for Bridgeway Relocation by planning & organizing to remove all bottle neck situations for the audit
Key Responsibilities:
Determine appropriate payment due dates for invoices and contract payments, assure that payments are timely, accurate, and properly recorded and documented in general ledger;
Record sales invoice and credit/debit note
All local & international payments
Aggressive follow ups with customers to collect dues
Proper adjustment of receivables and payables of each customer
Review invoices and support documents for accuracy
Processing check vouchers, manual checks for payments
Preparation and recording of receipt vouchers
Ensure credit worthiness of new credit applicants
Monthly closing of jobs and analysis of profit on each job
Handled petty cash in the absence of concerned person
Checking and passing of Customs document in E-Mirsal
Master of Business Administration (M.B.A)in finance and marketing from University of Calicut, Kerala, India.[2006-2008]
* Bachelor of commerce (B.Com-Income tax) from University of Calicut, Kerala, India.[2003-2006]