SENIOR MANAGER FINANCE AND ACCOUNTS
WELLINGTON GROUP, DUBAI, UAE
Total years of experience :23 years, 10 Months
Finalization of monthly profitability statements and Financial Statements branch-wise in SAP Software as per IFRS
Full in-charge of maintenance of cost records and its accounting in SAP Software and monthly closing of FI and CO module in SAP
Complete maintenance of Assets, Inventory, Receivables in SAP Software
Consolidation of Group Accounts of Subsidiaries with Parent Company
Preparation of Business Plan & Strategy, Pricing
Responsible for all accounting and financial transactions of the company
Responsible for finalizing the Budgets, Analysing the variances and reporting to the Senior Management on monthly basis
Working capital management through Trust Receipt loans and LC's
Monitoring Branch-wise costs, profitability and Budget variances
Responsible for funds raising from Banks both short term and long-term
Responsible for all Management reports both financial and strategic
Liaising with Internal and statutory auditors and in-charge for finalization of management accounts.
Responsible for Product Costing and Valuation in the Accounting system
Finalized Audited Financial Statements for the last 9 years as per IFRS
Periodical review of Trial balances and general ledger, all control accounts and its reconciliations
Responsible for Financial Audit, Internal Audit and statutory compliance
Authorized Signatory of Company for Banks & Government authorities
Finalisation of Group Company Accounts up to Balance Sheet. Consolidation of Group Accounts. Preparation of various MIS reports and submission to Chairman and Board of Directors. Managing the Funds of the Group, Accounts Payables and Receivables Management. Costing and fixation of Selling Price for the Products. Submission of Financial Project reports for new branches. Valuation of stock on a periodical basis. Responsible for financial activities of Nigeria, Sudan and Kuwait. Liaison with Bankers and Auditors. Monitoring of Periodic Stocktaking and verification. Monitoring of reconciliation between Stores Ledger and Bincards. Responsible for authorizing the financial and accounting transactions at Corporate office. Responsible for Budgets, Variance Analysis and giving financial reports to the Board of Directors / Chairman. Ensuring Internal Controls are adhered to at the Corporate Office. Monitoring of all reconciliations viz Bank, Debtors, Creditors, and Cash, Inter-Company transactions.
Managing a team of 6 people in Finance Department and Turnover of 35 Crores annually. Responsible for entire Accounting and Financial functions of the Branch for all products across the Country. Responsible for Presentation of Final Accounts of the Branch monthly, quarterly, half yearly and yearly basis. Formulation of Budgets on a periodical basis. Responsible for Taxation and Legal Matters of the Branch.
To complete IATA BSP/ Airline payments on a fortnightly basis and other Creditors Payments. Liaison with Bankers for day today working capital requirements. Foreign Exchange dealings of both Purchasing and Selling of Foreign Currency and Travellers Cheques. Performed the Credit Control functions of the Branch. Statutory reporting to Central Government authorities. Presentation of various MIS reports to Chief Finance Officer. Liaison with Auditors and ensure that all security and audit requirements are adhered to. In-charge of Pay roll related activities of the Branch. Preparation of Cash Flow and Funds flow analysis of the Branch. Responsible for all Inter Company Reconciliations and transfer of funds to the branches. Authorized signatory of the Branch.
Managed a team of 3 people in Accounts Department. Knowledge of Cashier Functions including Foreign Currencies, Airlines, Travel and Tours Accounting. Preparation of various Budgets schedules and presenting to the management. Preparation of fortnightly / monthly MIS Reports and submission to the Chief Financial Officer at Corporate office. Responsible for making Airlines and BSP payments. Preparation of Trial Balance, Profit & Loss Account and Balance Sheet of the Branch. Responsible for Airline Incentive Management. Responsible to send RBI Reports and other Statutory Reports to Government. Responsible for Payroll activities of the Branch. Preparation of Bank Reconciliation, Creditors, Debtors and Inter Company Reconciliation. Implemented SAP ERP Package in the Branch and member of SAP Team. Co-ordination with Bankers, Auditors and Central Government. Liaison with Central Excise for Service Tax matters with regard to payment of Service Tax, TDS and its Assessment. Submission of ESIS returns, Professional Tax returns and other Statutory returns. Responsible for Credit Control of the Branch. Responsible for Nostro and other Foreign Exchange Reconciliation. Co-ordination with head office in UK. Implemented Internal Control Systems in the Branch. Responsible for submission of TDS returns, deduction of TDS, Professional Tax, ESIS and other Statutory returns. Travelled across India for completion of accounting duties in various branches.
Preparation of Invoices and Credit Notes. Passing of Supplier Bills. Assist Commercial Executives in their job. Preparation of C Forms. Performed the role of Cashier
Passed Final Examination of the Insitute of Cost and Works Accountants of India. Also Fellow member of the Insitute of Cost and Works Accountants of India. Major subjects are Cost and Management accounts, Income tax, Advanced accountancy, Financial Management, Auditing etc
Passsed M.Com Degree examination conducted by the University of Madras in October 1994. Major subjects are advanced accountancy, Cost accounts, Auditing, Banking, Business Mathematics and Statistics
Passed B.com examination in first class. Major subjects are accountancy, auditing, marketing, management, Statistics, Economics, Law etc