associate manager finance
Unity Foods Ltd.
Total years of experience :18 years, 5 Months
PROFESSIONAL SUMMARY.
Thorough Finance Professional with 12+ years of experience in nearly all spheres of accounting and finance, including auditing, budgeting, forecasting, and taxation. Add-on expertise includes implementing financial systems such as SAP S4HANA, strategic planning, fiscal processes, and controls that significantly improve profitability. Proficient in establishing and improving accounting functions, and systems in line with best practices, cost reduction, and automation. Computer skills include proficiency in MS Office applications with Formulas; Data Linking; Pivot Tables; and Charts.
SKILLS:
* Fixed Asset Management & Reporting.
* Account Receivables/Payables Management.
* Import Payable process. IAS, IFRS & ISA Compliance.
* SAP FICO Implementation.
* SOP and internal Controls and its implementation.
* Compliance of Corporate Governance and Taxation
Regulations.
* MS Excel / PowerPoint/ Visio.
* Ratios and variance Analysis.
* Critical Thinking.
BRIEF JOB DESCRIPTION:
* SAP FICO ( Power User ), my responsibilities are to understand the FI requirements from the finance side and discuss with the IT department consultant for checking and execution of customized reports in QAS and then deploy to the PRD server. Also assisting end users to resolve daily work-related issues along with T-code and object authorizations.
* Performed extensive research on IFRS guidelines, ICAP’s Technical Release (TR), 4th schedule requirements, and best industry practices of accounting treatments of IAS 16 and IAS 38.
* Ensure that fixed asset additions, disposals, and transfers are processed promptly and comply with company policies.
* Execution of monthly Depreciation Run and preparing reconciliation of FI vs FA.
* Liaison with project teams for Asset Under Construction (AUC) items and Capitalization of AUC projects.
* Identify potential process improvements and work with management to implement these improvements.
* Handle/assist in any audit of Fixed Assets by internal or external auditors.
* Supervise fixed asset tagging process.
ACHIEVEMENTS:
*Developed and executed Standard Operating Procedures (SOPs) for the addition, disposal, and transfer of fixed assets, contributing to streamlined and effective asset management processes.
* Spearheaded the execution of a comprehensive bar coding initiative, resulting in enhanced asset visibility and streamlined inventory management, leading to a 40% reduction in audit time and increasing operational efficiency.
* Awarded certification of appreciation from PWC for remarkable performance during the implementation of SAP S4 Hana-FICO.
Brief Job Description :
• Preparing Import payment / maturity schedules.
• Liaising with Clearing Agents on cargo clearance with Customs.
• Filing and keeping records of all imports documents
• Updating of imports register and emailing consignments status reports to the Manager Finance.
• Reconciling exchange collection with system.
• Reconciling final bill claim with provisional bill claim by clearing agents.
• Preparing bank position daily bases.
• Ensuring that necessary books of accounts like cash book, ledger etc. are prepared and compared with exchange bank statement.
• Recording the fund transferred from various banks accounts.
• Exchanging and crosschecking with the revenue ledgers and corresponding with the banks if necessary.
• Preparing Bank reconciliation statement every month
• Reconciling sub ledger balances with General Ledger.
• Preparing bank payment Vouchers, receipt vouchers, journal vouchers related to import.
• Liaising and handling of imports matters and issues with banks.
• Liaising with store and procurement department for clearing agents invoices and Goods inwards sheet.
• Applying landed cost of consignment in SAP system.
• Receive and verify invoices and Payment of goods and services.
• Verify that transactions comply with financial policies and procedures.
• Preparing clearing agents payment according to SAP aging report.
• Preparing outstanding clearing agents payment report.
• Preparing Advance clearing agents payment report.
• Liaison with clearing agents for cheques and Payment.
• Head of accounts and clearing agents reconciliations.
• Maintain Payable /Finance related data and system attributes in SAP System. Work with operations to improve business process.
• I have been part of Implementations team of SAP S/4 Han FI/CO.
Brief Job Description :
• Receive and Verify Delivery Challan (D.C) and Q.C report with invoices.
• Prepare purchase receiving report according to ERP report.
• Prepare Purchase Order (P.O).
• Prepare batches of invoices with D.C for data entry
• Receive and verify invoices and Payment of goods and services.
• Verify that transactions comply with financial policies and procedures
• Prepare batches of invoices for data entry.
• Prepare vendor payment according to ERP aging report.
• Prepare outstanding vendor payment report.
• Prepare Advance vendor payment report.
• Liaison with vendors for cheques and Payment.
• Liaison with purchase department for vendor invoices.
• Head of accounts and vendor reconciliations.
• To Analyze of monthly Quarterly Schedules & Accrued Expenses
• Set up and monitor Payable module of ERP Software.
• Maintain Payable /Finance related data and system attributes in ERP System. Work with operations to improve business process.
• Develop expertise using the company’s ERP System and support the user community.
• Maintain updated vendor files and file numbers.
• Maintain inventory files
Prepared ricip voucher, Payment voucher, Petty cash voucher, Cash Book, Balance Sheet
Maintain Bank reconciliation, With Holding Tex