Account Manager
Mangal Sai 'trade Wings Pvt. Ltd.
Total years of experience :24 years, 7 Months
Responsibilities:
Monthly Closing and Reporting :
Handled all accounting activities including Finalization and auditing with the team of 7 persons.
Trial Balance Anylisis
Preparation of monthly MIS, other management reports and and preperation of Audit Scedule
GL/AP/AR scrutiny, Monthly provision creation, ensuring timely Bank Reconciliation Complete AR/AP Aging MIS with priorities.
Preparation of Month end Journals such as Provision, Depreciation etc.
Examining the invoice passed, journal vouchers and coordinating with internal and external auditors
Cash Flow requirements and arrangement of funds.
Trade Facilities :
Handling Complete Facilities Management activities of Banking such as credit limits with bank and facilities, LC’s/BG/TR/STL/TL etc.
Preparing Weekly and Monthly Bank Position for all the banks.
Preparation of Month end Journals such as Provision for Accruals, Depreciation etc.
LC’s/BG/TR/STL/TL documentation includes review of documents, submission and follow up of documents with bank.
Make arrangement of funds in all banks with the clearance of all TR/STL/ TL Installments Maturity.
Coordinate with the concern Department for the decripencies received from Bank against any LC.Bank Guarantees-Preparing new Application/Amendments/Cancellation.
Export LC’s documentation includes review of documents, submission of documents to bank.
Preparing Export LC Documentation and Export LC Tracking Report, coordinating with Banks for confirmation of credits and disposal of LC documents, Bank Guarantees- Application and Establishment.
Other Responsibilities :
Recorded purchase of Project fixed assets and maintained asset register for the preparation of deprecation schedule
Complying with Government Department, state and local financial legal requirements by studying
Existing and new legislation; enforcing adherence to requirements and advising management on needed actions
Cross auditing of commercial transactions
Processing of Payroll with all calculation of Leave/Final Settlements.
Preparation of details for Quarterly VAT Return.
Assisting External Audit team and provide solutions against if any query.
Reason for leaving: Better Prospects
Dodsal Hydrocarbons and Power Tanzania Limited, Tanzania
Key Result Areas: Job activities includes the following, performed in SAP ver. 7
Assisting the CFO in the preparation of Financial Statements for 4 Group Companies and Consolidation.
Extending support to the CFO in preparation of monthly MIS, cash flow and fund requirement for the project
Designing the monthly management reports, GL scrutiny, reconciliation, asset schedules and other general
reports as management needs for monthly review
Executing operations related to salary payroll for Expat + local Employees with the Tax
Analyzing the total amount of staff vacation pay, leave settlement, final settlement and providing necessary
information of personnel depart. for calculation of staff benefit
Examining the invoice passed, journal vouchers and coordinating with internal and external auditors
Supervising the banking activities including timely bank reconciliations
Creating the monthly provision taking into account pending GRN, invoices
Purchasing project fixed assets and maintaining asset register and preparation of deprecation schedule
Preparing Vendor Aging Summary Report with remarks and priorities
Maintaining financial security by following internal controls
Verifying documentation and requesting disbursements
Answering the accounting procedure questions by researching and interpreting accounting policy and regulations
Complying with federal, state and local financial legal requirements by studying existing and new legislation;
enforcing adherence to requirements, and advising management on needed actions
Designing financial reports by collecting, analyzing, and summarizing account information and trends
Managing customer confidence and protects operations by keeping financial information confidential
Accomplishing the result by performing the duty
Contributing to team effort by accomplishing related results as needed
Cross-checking vendor payment with approved credit terms as mentioned in the LPO
Ensuring that the vendor invoices are certified by concerned authorities before processing the payment
Key Result Areas: Job activities includes the following, performed in ERP based on VB.net and SQL server backend
Submitted all the Financial Statements of year closing for review
Examined invoice passed journal vouchers and liaised with internal and external auditors
Managed all the banking activities including timely bank reconciliations
Created the monthly provision taking into account pending GRN and invoices.
Ledger Scrutiny and Stock Valuation
performed all the roles related to the recording purchases, maintaining asset register, preparation of deprecation
schedule; analyzed the financial reports, ensure timely completion of the same
Key Result Areas: Job activities includes the following, performed in SAP ver. 7
Liaised with internal and external auditors
Performed all the banking activities including timely bank reconciliations
Created the monthly provision including pending GRN and invoices
Recorded purchase of project fixed assets and maintained asset register for the preparation of deprecation schedule
Cross-checked all the vendor payment with approved credit terms as mentioned in LPO
Analyzed the local purchase order rates with invoice received
Ensured that the vendor invoices were certified by concern authorities before processing the payment
Key Result Areas: Job activities includes the following, performed in SAP ver. 6
o Distinguished efforts towards managing complete finance & accounts activities.
o Exhibited competency in handling:
AR / Debtors Ageing & MIS & Sales Tax Matters
All accounting entries including monthly provisions.
Billing operations.
Ledger Scrutiny.
Tracking Debtors.
Sales Tax Assessment, Legal matters related to Sales Tax.
o Demonstrated skills in conducting various Internal Audit.
o Played a major role in resolving old Sales Tax Case & obtained favourable Order from Department
o Handled Sales Tax Assessment and filing monthly VAT Return as well as processed C Form requests.
Key Result Areas: Job activities includes the following, performed in Tally ver. 9.3
o Distinguished efforts towards managing complete finance & Commercial activities.
o Exhibited competency in handling:
Financial Statements & Sales Tax and Excise Matters
Handling all Accounting / Excise / Purchase / Logistics activities.
Handled Dispatches including all legal formalities pertaining to Excise Department relating
to Export and Commercial Invoices
Ledger Scrutiny and Stock Valuation
Tracking Debtors.
Sales Tax Assessment, Legal matters related to Sales Tax.
Maintain all Excise Records (23A/C Part -II / PLA / Daily Stock Account / Job work Register
Form IV) including Monthly Return and Assessment, Legal matters related to Excise and
Customs.
Handled Statutory Audit from Excise Preventive Department.
Handled Transporter and procurement of Engineering Items.
Handled Purchase Department including PO Raise / Release / Execution and Ageing of
Accounts Payable.
Handled Sales Tax Assessment and filing monthly VAT Return as well as processed C Form
requests.
Supervise Stores Department for minimum and maximum level of Engineering Items
Organized and conducted monthly stock audit
o Demonstrated skills in conducting various Internal Audit.
at Stores & Excise Department
Key Result Areas: Job activities includes the following, performed in ERP
o Proficiently handled the complete Excise & Stores (RM as well as Egg. Stores Dept) operations as a as a
single point of contact.
o Monitored receipts, issuance & inventory control.
o Facilitated Scrap Disposal,
o Entrusted with the responsibility of assisting deputy accounts manager for stock valuation.
o Successfully completed preparation of material account.
o Organized and conducted monthly stock audit.
o Adeptly handled government dealing pertaining to Excise.
Executed the preparation of all records of Excise & Stores Dept including ER-1.
Role held at Accounts & Finance Department
o Dexterously assisted preparation of Monthly MIS to Dy. Manager Accounts.
o Administered the following activities:
Bill Passing of RM / Local Supplier.
Preparation of P.V. of RM & Engineering Stores Spares
Bank Transactions /Cash Management.
Arranging Pay-roll & Deposited P.F
Reconciliation of Bank / Cash / AR / AP / Inter Company
Tracking of “C” forms.
Key Result Areas: Job activities includes the following, performed in Tally
Successfully handled the preparation of books of accounts, Trial Balance Sheet.
Handled local Purchase & Excise activities.
Dexterously handled the following activities:
Preparation of records of Accounts & Excise Department (23A/C Part -II / PLA / Daily Stock
Account / Job work Register Form IV).
Bill Passing
Passing entry of Bank, Cash, J.V., Purchase, Sales, and Pay-Roll in the Books of Accounts.
Reconciliation of Bank / Cash / AR / AP / Inter Company.
Tracking Debtors, TDS deduction & deposit within time.
Auditing and Managemant Reporting
Completed B.Com i 1995 with throughout 61%