Senthil Velu Sivanandam, Accounting Manager

Senthil Velu Sivanandam

Accounting Manager

Volume Cocomo

Location
India
Education
Master's degree, Cost Audit and Cost Accounting
Experience
30 years, 8 Months

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Work Experience

Total years of experience :30 years, 8 Months

Accounting Manager at Volume Cocomo
  • Cambodia
  • January 2015 to March 2019

 Responsible for Day to day to Book keeping, Month end accounts closing
 Maintaining the accounts payable in accordance to cash flow
 Cost estimation for new orders

Finance Manager at Supreme Food Services
  • Liberia
  • December 2011 to January 2013

 Monitored monthly financial report for Liberia
 Developed budgeting and monthly variance report for operational and supporting departments
 Efficiently raised monthly invoices against UN Mission and handled debt collection

Finance Controller at ADNH Compass ME
  • United Arab Emirates - Abu Dhabi
  • January 2011 to October 2011

• Monthly Financial Report for SCV Operation and Retails operation. Controlling food cost and Retails operational cost.
• Preparation of Budgeting and monthly variance report for operational and supporting departments Submission of Timesheets to HO for payroll
• Raising monthly invoices against clients against SOW and Back charges.
• Involved in bidding process for new contracts.
• Responsible for Debt collection Handling finance, procurement and Retail businesses with 2 finance assistants, 4 store keepers and 4 store handlers for 20, 000 labour accommodation camp at Saadiyat Construction Village.

Cost Controller, Qatar at Compass Catering Services
  • Qatar
  • October 2009 to December 2010

October 2009 - December 2010
Cost Controller, Qatar

• Transferred from ESS D&B, Dubai to Qatar, to resolve the supplier's issues regarding payment and reconciliation and payroll issues.
• Cleared all problems and reconciled each and every supplier account in 3 months' time. Then started to handle the project accounts in Raslaffan in KBR site.
• Implemented budgeting for operational and supporting departments and monitored the variance every month.
• Reduced the overtime cost and consumption of consumables.
• Raising invoices against client against SOW and back charges in timely manner.

Project Finance Manager at Whassen Eurest Nigeria Ltd
  • United Arab Emirates - Dubai
  • November 2005 to September 2009

November 2005 - September 2009
Project Finance Manager, Nigeria & Dubai

• Handle both onshore and offshore parts of Escravos Project.
• Financial reports and Cost to Complete of Project report to Board of Directors.
• Monthly invoices against clients and follow-up debt collection, in this project I collected all dues from the clients including 5% Retention money.
• Designated as authorised signatory for bank operations.
• Responsibilities for raising onshore invoices against client, follow-up collection from client, payment to suppliers and payroll on due date.
• Managing cash flow by own collection and borrowing from Dubai office.

Accountant - Treasury, Kuwait & Iraq Operations at Eurest Support Services, Kuwait & Iraq Operations
  • Kuwait
  • September 2003 to October 2005

September 2003 - October 2005
Accountant - Treasury, Kuwait & Iraq Operations

• Started the new books for the new construction project.
• Responsible including Budgeting, Cash flow projection, Monthly MIS Reports to Board of Directors.
• Receivables from Clients, payments to supplier and payroll, Responsible for all accounting data entries.
• Handled cash and bank operations.
• Held responsible for supplier payments on due date.
• Petty Cash accounts for Iraq Operations.
• Monthly Bank Reconciliation and supplier account reconciliation.

Accounts Head at Altek Lammertz Needles Ltd
  • India - Chennai
  • September 2002 to July 2003

September 2002 - July 2003
Altek Lammertz Needles Ltd, Chennai, India
Accounts Head


• Designed and implemented process costing system in Tally which is consisting 32 stages of processes for the manufacture of needles.
• Payroll preparation for 600 staffs, Submission of P&L Report and MIS report to German Office

Accounts Executive at Tamil Nadu Steel Tubes Ltd
  • India - Chennai
  • May 1999 to August 2002

May 1999 - August 2002
Tamil Nadu Steel Tubes Ltd, Chennai, India
Accounts Executive


• Reduced the accounts department labour cost from 7+1 staffs to 2+1 staffs.
• Bring the Tally system online by updated the transactions on daily basis, which helped the management to plan the cash flow for suppliers payment on time.
• Cleared 9 years Sales Tax arrears and 4 Years IT clearances, Assisting Quarterly Internal Audit and Annual statutory Audit

Accounts Officer at Amman Woven Sacks Ltd
  • India - Chennai
  • June 1997 to April 1999

June 1997 to April 1999
Amman Woven Sacks Ltd, Chennai, India
Accounts Officer


• Responsible for accounting entries in Tally, payroll preparation, filing of Monthly Statutory returns.

Accountant at Gaskets India (P) Ltd
  • India - Chennai
  • November 1995 to May 1997

November 1995 - May 1997
Gaskets India (P) Ltd
Accountant


• Responsible for Book keeping, payroll and monthly statutory returns

Articles Training for Chartered Accountant at T.D. Raj Associates
  • India - Chennai
  • October 1992 to October 1995

October 1992 - October 1995
T.D. Raj Associates
Articles Training for Chartered Accountant


• Articles Training

Accounts Assistant at Samsons Rubber Industries Ltd
  • India - Chennai
  • July 1986 to October 1992

July 1986 - October 1992
Samsons Rubber Industries Ltd
Accounts Assistant


• Book keeping entries
• Learned about Sales Tax, ESI and PF monthly returns

Education

Master's degree, Cost Audit and Cost Accounting
  • at Institute of Cost and Works Accountants of India
  • December 1992

ICWAI Inter Computer Literacy:

Bachelor's degree, Commerce
  • at Madras University
  • June 1991

Madras University B.Com

Specialties & Skills

Accounting
Variance Analysis
MIS Reporting
Job Costing
Expense Budgeting

Languages

English
Expert
Tamil
Native Speaker