Finance Manager
Techmart
Total years of experience :19 years, 1 Months
• Entrusted with the responsibility of managing efficient cash flows and forecasting
• Examining change and advising management to formulate strategic and long-term business plans
• Establishing external relationships with appropriate contacts, e.g. auditors, bankers and statutory organizations (Dubai Chamber, JAFZA)
• Preparing:
o Accurate financial reports to specific deadlines as per the Management requirement
o Monthly analysis of cost of goods sold and operational expenses against prior year and budget; recommending business solutions to mitigate risks
• Arrange new sources of finance and debt facilities
• Collaborating with operations team with regards to monthly review, identifying cost reduction and operational improvement, periodic forecasting and periodic analysis of operations performance
• Oversee all aspects of internal control, internal and external reporting including preparation of the annual report as well as quarterly and monthly reports to the Managing Director and Managing Partner.
• Selected, installed and implemented SQL based consolidations accounting software at corporate headquarters and new payroll system for entire company. Streamlined consolidation process, enhancing accuracy and reducing closing time by 25%.
• Converted existing manual-worksheet system to full on-line computerized system
• Designed system to track daily Income & Expenditure.
• Preparing project reports and feasibility study for new proposals.
• Successfully managed the transition of the accounting function through decentralization of the entire company within timetable set by Managing Partner
• Coordinate development of the financial plan and track financial performance against plan
• Implemented a proper Cash Flow management system.
• Coordinating the accounting team for better and efficient performance.
• Effective Payroll Management System were by it reduce the work load and thereby increased the effectiveness and efficiency.
• Preparing schedule for Fixed Asset, Creditors and Debtors.
• Preparation of reconciliation statement for Bank, Inter Branch & Inter Company
• Maintaining an efficient Inventory Management System.
• Design and implementation of uniform accounting system in branches.
• Finalization of Accounts
• To Ensure Proper Accounting
• Synchronize accounting data of branches spread all over Kerala (14 Branches).
• Coordinating the accounting team for better performance.
• To study accounting methods and procedures of the manufactures and
reproduce the same in most effective & efficient way for the smooth
functioning of the organization.
• Implementing computerized accounting package (TALLY 7.2) in all branches.
• Ensuring smooth functioning of accounts in all branches.
• Proactive steps and providing feedback to accounting staffs.
• Significant involvement in Sales, Spare & Service accounting.
• Preparing Monthly Trial Balance & Finalization of Accounts
• Preparing the Reconciliation Statements.
• Preparing the schedules for Assets, Debtors, & Creditors.
• Preparing Payroll Statement.
• Preparing the Profitability Statements for new Projects.
• Budgeting of Expenses & Sales
• Audit the accounts of BSNL (Bharath Sanchar Nigam Limited).
• Audit the accounts of BSNL Mobile Unit.
• Preparing the Reconciliation Statements.
• Preparing the schedules for Assets, Debtors, & Creditors
• Concurrent Audit of Corporation Bank of India
• Preparing Payroll statements for our clients