Finance Executive
Axa Insurance
مجموع سنوات الخبرة :6 years, 0 أشهر
• Performed activities
o Credit control functions include following up with clients for payments and issuance of credit notes, sending overdue letters & managing creditors account.
o Supplier payments processing payments to suppliers based on invoices & obtaining credit limit facility.
o Bank reconciliations - performing bank reconciliations for all bank accounts classifying aged, reconciled & un reconciled items. Taking necessary action for un reconciled items.
o Cash reconciliation - Doing cash reconciliation daily.
o Other activities include cheques issuance, commission payments, booking credit card expenses and performing inter branch reconciliations
• Performed activities
o Credit control
o Supplier Payments processing
o Payroll
o Quarterly forecast of Sales, Invoicing.
• Performed gamut of operations pertaining to:
o Accounts finalization
o Preparation of Financial Statements/Schedules
o Execution of Statutory and Tax Audit
o Variance analysis
o Follow up with dealers on payments for sales and cash application
o Payables, Receivables and Bank Account Reconciliations
• Carried out evaluation of actual manufacturing cost and prepared reports while comparing standards costs to actual production costs
• Looked after the:
o Posting of Journals to record purchases and sales in PeopleSoft GL
o Preparation of Sales Report, Payables and Receivables Cash forecast for Treasury Operations
o Inventory valuation and management
• Led a team of around 8 members
• Supervised the accounting procedure as per the Accounting Standards released by ICAI from time to time as well as submitted MIS Reports
• Involved in Trade collections and managed Letter of Credit functions
• Managed customer queries regarding collection process and LC process
• Possess sound knowledge of URC (Uniform Rules for Collections, 1995 Revision), 522 & Uniform Customs and Practice for Documentary Credits (UCP) 600 established by International Chamber of Commerce (ICC