Accountant
VETCO INTERNATIONAL LLC
Total years of experience :17 years, 1 Months
Responsibility of accounting record and submission of report to Management.
Monitoring and releasing payment to Venders & Creditors.
Liaising with Banks and financial Institutions.
Additional responsibility of warehouse activity and stock verification.
Responsibility of record and finalization of books of accounts.
Liaison with government agencies and administrative offices.
Responsibility of filling tax returns and ensure timely submission of statutory payments and
documents.
Managing the preparation & maintenance of statutory books of accounts, financial statements
and reports.
Managing Fund flow statement - ensuring timely receipt of payments from customers,
maintaining cash flow transactions and projecting cash requirements and scheduling payments.
Preparing annual budget and monthly MIS reports
Responsibility for deduction of statutory tax and filling of returns.
Samarendra Nath Patra)
rincipal Accountabilities
Management
1. Maintain a documented system of accounting policies and procedures
2. Manage outsourced functions
3. Oversee the operations of the treasury department, including the design of an organizational
structure adequate for achieving the department's goals and objectives
Funds Management
1. Forecast cash flow positions, related borrowing needs, and available funds for investment
2. Ensure that sufficient funds are available to meet ongoing operational and capital investment
requirements
3. Use hedging to mitigate financial risks related to the interest rates on the company's borrowings,
as well as on its foreign exchange positions
4. Maintain banking relationships
5. Assist in determining the company's proper capital structure
6. Arrange for equity financing and debt financing
7. Invest funds
8. Recommend appropriate dividend issuances, based on historical dividend patterns and expected
cash flows
Budgeting
1. Manage the preparation of the company's budget
2. Report to management on variances from the established budget, and the reasons for those
variances
3. Assist management in the formulation of its overall strategic direction
Financial Analysis
1. Engage in ongoing cost reduction analyses in all areas of the company
2. Review the performance of competitors and report on key issues to management
3. Engage in benchmarking studies to establish areas of potential operational improvement
4. Interpret the company's financial results to management and recommend improvement activities
5. Review company bottlenecks and recommend changes to improve the overall level of company
throughput
6. Participate in target costing activities to create products that meeting predetermined price goals
7. Assist in the determination of product pricing in relation to features offered and competitor
pricing
8. Compile key business metrics and report on them to management
9. Manage the capital budgeting process, based on constraint analysis and discounted cash flow
analysis
10. Create additional analyses and reports as requested by management
Additional Accountabilities
1. Oversee the extension of credit to customers
2. Recommend changes to the corporate credit policy
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