SATHISH PANNEER SELVAM, Senior Manager - Accounts

SATHISH PANNEER SELVAM

Senior Manager - Accounts

Redington (India) Limited

Location
India - Chennai
Education
Master's degree, Commerce
Experience
19 years, 8 Months

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Work Experience

Total years of experience :19 years, 8 Months

Senior Manager - Accounts at Redington (India) Limited
  • India - Chennai
  • My current job since March 2017

Monitoring day-to-day operations and cash flow, cash and liquidity management through cash flow planning and forecasting, minimizing financial risk, analyzing and performing hedging and funding activities (forex, swaps, loans, deposits etc.), managing banking relationship, MIS reporting, general ledger, accounts payable, and payroll. Working in SAP, earlier worked in ERP (JBA).
Achievements
⮚ Automated the treasury, accounts payable and payroll processes in the SAP from JBA (ERP).
⮚ Got appreciation from CFO for the new process and controls in the system.
⮚ Handled the implementation of Treasury (Forex) module in JBA and got appreciation from VP- Finance.

Accounts Incharge at Alasayel Importing & Trading
  • United Arab Emirates - Abu Dhabi
  • July 2014 to October 2016

Accounting, budgeting, MIS reporting, preparation of financial statements, audit finalization, revenue recognition, cost controlling, variance analysis, Worked in Tally ERP & SAP.


Achievements
⮚ Streamline the 4.5 years of back logs in accounting and reconciliations.
⮚ Found revenue leakages and provide suggestion to the management for the corrective action. It leads to grow the company’s revenue by 15% than earlier years.
⮚ Awarded for the implementation of SOP in place.

SENIOR ACCOUNTANT at Redington (India) Limited
  • India - Chennai
  • September 2006 to June 2014

Finance & Accounts
 Supervising timely preparation of statutory books of accounts for the perusal of the management.
 Supporting monthly financials & Budgeting activities with Senior Manager Finance.
 Collecting data from the group accounts departments, follow up and preparing MIS reports & allocation.
 Handling the banking and Treasury activities.
 Data entry, Year end necessary entries for group companies.
 Online banking for daily collection reconciliation for cheques clearance.
 Looking after the reconciliation of all bank accounts, reconciliation of all GL account before closing the books of accounts and finding reasons for integrity issues discuss regards with superiors.
 Handling Supplier reconciliation for major vendors like HP, Motorola & Apple.
 Making year end provisions for auditing.

Accounts Payables / Receivables
 Booking all the invoices and Advances for the supplier.
 Keeping control sheet for Contractors Payment.
 Reviewing accounts payables and rectifying the same including Advances to suppliers.
 AP / AR Proper Documents controlling for future reference.
 Debtors review meeting, collection plans with concerned business mangers for timely collection of debtors and taking corrective actions and forwarding to legal cases.
 Reviewing customer outstanding and clearing with timely manner.
 Handling the review cash and cheques deposits based on cash flow analysis on regular basis.
 Controlling PDCs with daily PDC reconciliation including, and periodic confirmation with Bank regarding the PDCs holding by bank

Fixed Assets
 Additions and Deletion of Fixed assets on monthly basis.
 Calculation of Depreciation on Assets on monthly basis.
 Maintaining Asset register with a written confirmation from Branch Accountant & Location In-charge.
 Fixing of Asset codes on Fixed Assets.
 Inventory accounting.

Pay Roll
 Monthly additions & deletions of the employees
 Preparing Monthly Pay out of On-Roll & Off-Roll employees (For 1700 employees).
 Taking care of Monthly Reimbursements like Petrol, Mobile, Medicals.
 Processing Food coupons for eligible employees coordinating with Sodexo.
 Taking care of Travel Reimbursements based on the company policy.
 Processing & Recovering the Advances like Salary, Medical, Rent & Travel advance on time with the proper approval and based on the company policy.
 Preparing monthly statement for PF, ESI / Professional Tax and remitting to the concern department on or before due dates.
 Collecting IT declaration & proofs on time from the employees and preparing Tax calculations on employee salary.

Auditing / Statutory Compliance
 Handled Internal & External Audit
 Preparation of various Audit Schedules like Advances, Deposits, Cash & Bank Reconciliation, Vendor Reconciliation, Provisions, Reserves, Other income. And Year end Accounting GL Reconciliation for audit presentation.
 Supervising over tax plans and ensuring timely assessment and filing of direct & indirect tax returns including TDS returns in compliance with statutory tax laws.

Automation
Created Payment module in SQL and automated the below areas
 Vendor Registration.
 Payment / Receipt Voucher Creation for locations & Corporate.
 Imprest cash request.
 Fund transfer options From Bank to Cash Book, Bank to Bank, Cash Book to Bank.
 Approving / Rejecting through system of created vouchers @ Corporate level.
 Transfer Letters like RTGS, NEFT & FT once approved the voucher.
 Printing of cheques with tracking the cheque number.
 Employee Master & Attendance
 Various Reports liked Service Tax, TDS, PF, ESI, Leave Balance, Voucher / Letter status & Advances like Salary, Medical, Rent & Travel.
 View & Download of Pay In Slip & TDS certificate of employees with using individual Employee login.

ACCOUNTS ASSISTANT at TVS IMPAL
  • India - Chennai
  • June 2004 to September 2006

 Responsible for monthly reports to MD related to costing.
 Assisting in finalizing the prices for the motor parts & accessories
 Maintaining the records of 40+ branches.
 Handled Auditors’ (Half-yearly)

Education

Master's degree, Commerce
  • at Quaide Milleth College UNIVERSITY OF MADRAS
  • April 2004
Bachelor's degree, Commerce
  • at Quaid-E-Milleth College Chennai affiliated to Madras University in India
  • April 2002

♎ B.Com. from Quaid-E-Milleth College Chennai affiliated to Madras University in India. Technical Trainings ♎ Typing Course Higher, Chennai, India with Ist Class (Speed 45 w.p.m.) in 2002

Specialties & Skills

Process Control
E payments
Payroll
Automation
Accounts Payable
ACCOUNTING
ACCOUNTS FOR
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
ASSET MANAGEMENT
AUTOMATION IN SAP, JBA & SQL
ACCOUNTANT
senior housing
operation
planning
petty cash
payroll
reconciliation
teamwork
microsoft powerpoint
payments

Languages

English
Expert
Tamil
Native Speaker

Training and Certifications

MS OFFICE (Certificate)
Date Attended:
March 2002

Hobbies

  • Gardening