Accounts Manager
Al Fahidi Gastech LLC
مجموع سنوات الخبرة :19 years, 8 أشهر
Dear Madam/Sir,
* Preparing & evaluating financial statements & reports, assisting the management in preparing and finalizing business and financial plans.
• Well versed in preparing balance sheet, income statement, cash flow statement, budgets and forecasts, monthly reconciliation statements of banks, debtors and creditors, involved in managing accounts catering to financial accounting, receivables & payables management, preparing ledger books, bank reconciliation statements and finalization of accounts. Updating fixed asset acquisitions, additions and dispositions including depreciation and written down value for fixed assets in the accounting system
• Preparing and presenting various reports on consignment movement, expected time of arrival, funds required for release of documents to the senior management to enable effective decision making
• Generating monthly reconciliation statements of banks, debtors and creditors. Assessing organizational financial health by generating daily, weekly and monthly fund position statement.
Earlier associated as Accounts Officer with Averdad Environmental Service LLC, Dubai - UAE, I was involved in assessing payroll calculation, telex transfers including leave settlements, gratuity, medical expenses, transportation allowances and other expenses related documents, preparation of budgets, evaluating accounts payables / accounts receivables and other cash flow reports..
Enclosed herewith, you may find my resume, highlighting further on my skills, accomplishments and credentials including my role in generating new business opportunities through strategies such as Profit and Loss account, Balance Sheet and MIS Reports. At a professional meeting, we can discuss ways of our further association.
Sincere regards,
Srinivas Mahajan
Conducted verification regarding:
- Payroll Cheques and Telex Transfers and verified the Leave Settlements, gratuity.
- Medical Expenses, transportation allowances.
- Cheques prepared and to forward it for signature; verity Telex Transfers which are made to suppliers.
- Accounts Payable and General Ledger transaction.
- Receivables and collection transaction.
- LC’s and bills of exchanges.
- Fixed assets and post the necessary JV’s.
- Direct, indirect expenses and incomes involving Trail Balance and post the necessary JV’s.
Administered:
- Cash flow and the daily Bank Reconciliations.
- All Prepaid Expenses during the year and monitoring the All Provision for All expenses.
Supervised the stock take procedures as well as financial control of stock in stores & POs
Provided assistance to the Financial Manager regarding the preparation of Budgets.
Set up monthly target for the collection and to take necessary actions to improve the collections.
Developed management reports such as Profit & Loss Statements, Balance Sheet, Trail Balance, and Stock Aging Reports, Receivable Aging Reports, Payables Aging Reports thereby submitted to the management on time.
Payable & Receivable Controller (Oracle Financial End user)
Key Deliverables
Conducted verification regarding:
- Quantity as well as rates in PO’s and store receipts during the booking of supplier invoice in AP.
- DO’s, quotations and rates during the booking of invoice in Accounts receivable.
Validated as well as posted JV’s in General ledger after the booking of invoice.
Developed Monthly ageing report of Accounts payable based on ageing report.
Cleared off the transaction in cash management as well as post JV’s in GL after the payments in AP.
Handled First DO’s booking in order management thereafter closed entire DO’s in OM and thereby transfered OM to AR; directed auto invoice in AR thereby transfered AR to GL.
Prepared Aging report based on ageing report follow up to customer for the purpose of collection from customer.
Reconciled:
- OM with AR and AR with GL.
- AP with GL.
Developed:
- monthly Profit and Loss Statements and Balance Sheet
- Quotation and Guarantee Certificates.
- Invoices and Follow-up for Receivables.
- Budgets and compared the Nominal Budgets with Actual Budgets.
- Daily and Projected cash flow, stock movement report
Managed the accounts up to the finalization.
Worked on the monthly MIS Reports for Accounts Receivables, Payables & Inventory.
Handled accounting for Fixed Assets and Capital expenditure.
Key Responsibilities:
• Proactively assessed financial needs to provide feedback pertaining to policy and requisite amendments to upper management.
• Designed budget guidelines to optimize cash flows, managed investments and proffered advice higher management on optimal utilization of financial structures within the company to enhance return on investment.
• Scrutinized day to day accounting operations, identified, analyzed and resolved accounting discrepancies, assured that all policies/ procedures are aligned with the organizational goals.
• Handled accounting procedures relating to fixed assets, capital expenditures, compared nominal budgets with actual expenses, maintained quotations, guarantee certificates, follow up receivables, supervised daily projected cash flow, stock movement report.
• Evaluated financial reporting systems, accounting procedures and investment activities to recommend/effect requisite modifications in operating systems, budgets and other financial control functions in liaison with senior management.