Samsheer ck samsheer

Responsibilities:
• Preparing yearly budgets and updating accounting policies.
• Preparing financial statement including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the Month & Year-end financial reports and present to Senior management.
• Maintaining internal controls and accounting systems.
• Monthly and annual closing process and submitting of all financial reports at the time Auditing
• Preparing Monthly Vat report and Vat return filing and paying to FTA
• Maintaining and implement Inventory & cost control system
• Prepare Breakeven and Financial Analysis and Mis Report
• Update fixed asset register by different locations and ensure the final balances agree with Balance Sheet figures.
• Prepare monthly depreciation journals after updating the asset schedules and Accruals & Prepaid Accounting
• Monitoring processing payables & receivables (Aging analysis).
• Carry out Inter Company and general ledger reconciliation
• Preparation of various Accounting Reports including Bank Reconciliation Statement, Income & Expenditure Statements.
• Process payments for invoices relating to Capital Expenditure.
• Total Responsibilities of the employee payroll, dues, benefits, leave and final settlements etc.
• Check and sign all supplier payments invoices attachment batches as per remittance advice.
• Meet suppliers to discuss and sort out any outstanding payments and ensure prompt payment is done.
• Assist Accounts staff with any kind of assistance required at any time.
• Prepare yearly forecast on supplier rebates to be received during the year for management review and guideline to achieve set target.
• Preparing Other income report like listing & registration, Shelf rental, Promotion support and recurring income follow up to renew expiry agreement and also identifying to opportunities to create other incomes.
• Run monthly systems purchases report from accounts payables menu and key figures in rebate schedule.
• Prepare yearly renewal of General Insurance, Vehicle Insurance and Employees Medical insurance
• Obtain quotations for repairs and maintenance of company vehicles and get the required work carried out at the best possible price. And Prepare monthly fuel budget and process actual fuel and repairs incurred payments
• Prepare and Reconcile Daily pos settlement like Credit card, Cash, Gift voucher etc.
• Prepare and Reconcile Ecommerce related transaction and also know Ecommerce basic procedure
• Control all locations general repair & maintenance - ensure two or more quotes are obtained and best price negotiated

• Manage and preparation Cash Book, Ledger Accounts, fixed assets, construction, license fee collection and license fee paid account
• Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports.
• Examined financial records and transactions to ensure accuracy and compliance to accounting standards, procedures and internal control.
• Manage a number of bank accounts, including issuance of checks, initiating transfers and preparing reconciliation
• Managed financial departments with responsibility for Budgets, Forecasting, Payroll, Accounts Payable and Receivable
• Update, post and keep current revenue and expense of the Income Producing Properties of the Group
• Preparing Service tax, Income tax, sales tax, TDS deduction & remittance
• Manage contact with the external auditors and make sure that every party is not only aware of the other's work but also well aware of areas of concern.

Responsibilities:
Some of my major assignments while working as a audit assistant are:
Statutory Audit
• State Bank Of Travancore, National Insurance Company, KELTRON(Kearala State Electronics Development Corporation Ltd)
Exposed to:
• Compliance with requirement of schedule VI of the Companies Act, 1956.
• Compliance with Accounting Standards.
• Drafting Audit Reports as per the new reporting requirements of Companies Audit Report Order, 2003 (CARO).
• Review of Corporate Governance Report and other Secretarial records.
Taxation Audit
• WATTS & VOLTS Electronics, NAMAZCO Oil Product, INSTYLE Textile, G.G Motors
Exposed to:
• Preparation of Income Tax computation of Individual, Firms and Companies
• Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports.
Internal Audit
• Malabar Regional Co-operative Milk Producers Union, Kerala
• Cannanore Spinning and Weaving Mill’s, Under the Govt. of India National Textile’s corporation.
• South Indian bank, Union bank of india (Tellechery branch)
• Aysha Hosiery Factory (P) Ltd, Kerala
• Dr Thajs laser skin & hair clinic (over all India 9 branches)
Exposed to:
• Preparation of Audit Plan and ensure completion of the same within the time
• Analysis of Revenue Booking System.
• Analysis of Debtors and Creditors-Ageing, Recovery Period, Balance Confirmation Procedures and legal cases.
• Analysis of Stock and Stores - Identification procedures for Slow Moving, Non Moving and Obsolete items, analysis of Purchase Procedure.
• Preparation and review of various reconciliation statement e.g. BRS, Stock.
• Collateral Inspection & Foreign Remittance Verification.

Compliance Audit (IT)
• HSBC Bank, Tata Consultancy Services, Matrix Business Solution, Tally
Exposed to:
• Verification of compliance with Information Security Policy
• Analysis of the functionality and control process of the entity
• Ensuring Business Continuity Plans