سارافانان lakshmanan

Key Result Areas:
• Worked on with Tally -ERP 9
• Shouldering overall functions of Accounts Department of Group Companies, including journal entries, General ledger management and account reconciliation
• Monitor bank transactions, cash receipts, payments & Maintain records thereof
• Summarizes financial status by collecting information, preparing balance sheet, profit and loss, and other statements
• Preparation of consolidated monthly management accounts, including variance analysis, inter -company reconciliation & provision working
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies
• Managing Tax Compliance as per UAE regulations, including preparation of tax returns, tax planning and tax audit - VAT, ESR, and Corporate Tax
• Managing & negotiating with Banks/Financial Institutions for facilities; Export Bill Discount (BD), Letter of Credit (LC) and Short-Term Loan (Import)
• Coordination with trading team and analysis shipment/container wise receipt to forecast fund flow of the company.
• Participated in the sales and export documentation as and when necessary.
• Submit fortnightly reports to the Managing Director stating the financial position of the company
• Functioning as a main point contact to internal & external auditors and provide all information






Highlights:
• Played a stellar role in app implementation in Metssa Group.
• Functioning as an internal auditor and accelerated monthly reconciliation of accounts and compliance of group companies
• Participated in the Ministers meeting for environmental & industrial approval for manufacturing unit in the Republic of Congo

• Managing overall functions of Finance & Accounts Department of Group Companies.
• Steering & participating in all financial operations of the company including reporting, preparation of annual budgets, forecasting, invoicing/ cash management, accounts payable/receivable.
• Monitor accumulated outstanding payments from clients and initiate steps for collection on a monthly basis
• Conducting monthly collection review meeting with officials of operation department and making decisions on credit limits of new and existing customers
• Submit fortnightly reports to the Managing Director stating the financial position of the company
• Rendering timely assessment about credit viability of various clients & submit report to the managing director
• Monitor bank transactions, cash receipts, payments & Maintain records thereof
• Managing & negotiating with Banks/Financial Institutions for facilities; Bill Discount (BD), Cheque Discount, Letter of Credit (LC) and other business & vehicle loans.
• Managing & conducting project accounts audit for Civil & power substation project sites at various location
• Functioning as a main point contact to internal & external auditors and provide all information
• Ensure optimum fund flow in the company
• Maintain custody of all files & documents in the finance department
• Making suitable suggestions to effect appropriate remedial steps to ensure strict control over financial matters.
• Management reporting

• Overseeing accounting & corporate reporting requirements for two subsidiaries & one branches located across APAC & MENA Regions
• Steering & participating in all financial operations of the company including reporting, preparation of annual budgets, forecasting, invoicing/ cash management, accounts payable/receivable and payroll
• Handling consolidation of monthly results world-wide & facilitate in consolidation of same into Ultimate Holding Company reports
• Accountable for ensuring tax & statutory compliance across regions including Income Tax, WHT and VAT
• Conducting review and making decisions on credit limits of new and existing customers
• Functioning as a main point contact to internal & external auditors and provide all information
• Rendering support for the implementation of new processes & controls, new systems accomplishments and ongoing efforts
• Served as a:
o Director and organized board meeting and annual general meeting in Dubai
o Authorized Signatory and signed all the official documents, Standard Education Agreements and Memorandum of Understanding

Highlights:
• Played a stellar role in facilitating digital content sales in Indonesia, Vietnam and Nigeria regions and saving costs on Printing & Freight by 20%
• Achieved to receive complete Project Fund $50MN from Government of Maldives.
• Accelerated the monthly reconciliation process from a 1st day to a 3rd day of every month task through measures such as Bank statement and SAP report
• Efficiently recorded and handled all accounting entries in SAP
• Instrumental in achieving cost saving worth US$ 100 Thousand through measures such as sale of digital content and expense management during the year
• Provided information on financial status by preparing reports such as EVA & Management Accounts with all relevant schedules and closing folder

• Shouldered the responsibility of handling Project Accounts using specialized Accounting Software i.e. SAP
• Worked in close coordination with Managers to develop annual budget and helped management in the finalization of the annual expenses plans for project
• Conducted follow-up’s for project funding with Govt. of Maldives and India
• Entrusted with the task of handling cash and bank transactions i.e. receiving, recording, banked cash, cheques and vouchers as well as reconciling records of bank transactions
• Managed dispatch and shipping process & maintained project stock list
• Accountable for maintaining:
o Project records and invoices for audit
o Confidential information such as pay rates, bonus targets and pay grades, payroll and employee reimbursement process - both domestic and international

• Worked on ERP with IBM AS 400 Applications
• Entrusted with the task of handling:
o Day-to-day accounting functions including banking/receipts and payments
o Dealers’ transaction cheques, recording and posting entries in system, banked due dated cheques and reconciling bank transactions
o Order loading, tracking & billing and developing MIS reports
o Overdue and outstanding payments follow-up with partners
o Dealers C-forms, Sales Tax and TDS Return Filling
• Looked after the branch accounts month and year end closing process
• Took care of bank reconciliation, fixed assets and expense invoice review
• Developed cash and bank vouchers, records and settlement of claims
• Scrutinized accounts receivable and ensured accounts accuracy for all customers
• Managed new dealer registration process and created reports of all existing customers