Accounts Manager
SKYLOG INTERNATIONAL COMMUNICATION NETWORK LLC
Total des années d'expérience :10 years, 0 Mois
Negotiated for better payable credit terms with all local and International suppliers which showed improvement in cash flow and budget management. Mitigated the risk in foreign exchanges by hedging overseas currencies which also resulted in decrease in expenses.
•Reduced freight costs by coordinating with different shipping and logistics companies by getting the best quote, thus showing 7.5% reduction in operating expenses. Negotiated with the banks to deduct only 30% margin for performance and bid-bond guarantees and receiving the same before expiry by follow up. Deduced overall expense by getting the best least quote for various renewals such as insurance and rental.
•Automated the process for calculating expense allowances which proved to be an error-free and time-saving process.
•Received “Pat on Back” award in 2007 for delivering the process in a timely manner and solving the solicitor’s queries. Appreciation from client and management for my proactive attitude in handling queries. Suggested improvements in payables and receivables when visited Client companies for Quarterly statutory audit and internal audit.
•Calculation of sales tax, service tax and TDS, thus reporting senior officers on the same which helped them to conclude on reduction of tax-consumptions. Analyzed financial information detailing assets, liabilities and capital and assisted senior officials.
•I, when handled a team of 4, guided and motivated them towards their responsibilities. I conducted seminars to transfer knowledge to junior accountants and made sure that they are on par with the existing financial standards of the entity. I also have taken up responsibilities to resolve any financial issues.
Responsible for preparing finalization, project-wise profitability and bank reconciliation
•Managed the entire accounting system and ensure that all the entries are recorded properly
•Preparation of AR Reconciliation statements and follow up with the clients regularly for timely payments to manage the cash flow of the organization
•Managed and coordinated VAT returns with Auditors
•Identified and analyzed cash saving methods and improved profitability techniques
•Built relationships and interacted with clients and suppliers to get payments on time and also to postpone the PDC cheques given to suppliers to balance the cash flow of the organisation.
•Daily check of purchases, sales, petty cash and journal voucher entries passed by accountants
•Prepared reports for bank balances, MIS and budgeting
•Proper follow ups on trade license renewals, rent renewals and deposits
•Advised changes as needed, ensuring the company policies and procedures
•Established proper techniques to discover and prevent fraudulent.
•Advised on financial / accounting processes by pro-actively reviewing them
Maintained Bank details & Tax details of the all BT employees
•Responsible for processing the salaries of the employees went to Transition and handle Tax queries
•Continuous improvement and innovative thinking to adopt 100% Error Free Delivery in all levels.
•Responsible for coordinating interactions with On Shore / Customer teams on periodical KPI reviews.
•Handled all the area payroll operation of BT
•Reconciliation of payroll payments.
•Processed termination of employees and ensured no over-payments were made.
Processed Small Ticket Personal Loan.
•Analyzed the fund and disbursed loan amounts and support to sales team
•Handled customer management, resolved customer queries and critical situations.
courses: ICWAI Inter (CMA) [All India Rank 75] from Institute of Cost and Works Accountants of India, Chennai
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