Accountant
Ascend Retail
Total years of experience :14 years, 5 Months
Entering data such as purchase, payment, sales, cash, debit/credit card and bank deposit entries on a daily basis.
Preparing Letter of Credit, Local Bill Discounting, Telex Transfers for payments to International suppliers and cheque payments to local suppliers
Reconciliation of wide variety of bank and Supplier data including cash in hand, inventory and with sister companies for the purpose of maintaining accurate account balances and ensuring compliance with established accounting practices
Preparing reports such as monthly gross sales, bank position, facility consumption, loan repayment schedules, prepaid expenses and insurance schedules and cash flow.
Performing all payroll functions like preparing staff salaries, mid month commissions for the sales staff, vacation and indemnity.
Maintaining records of bank facilities, overdrafts and long/short term loans.
Preparation of receivables and payables list and following it up.
Maintaining inventory report on monthly basis.
Assists auditors for the purpose of providing supporting documentation and/or information on internal process that is required for audit.
Correspondence with International & local suppliers.
Preparing & maintaining records of documents, attending calls & mail correspondence with International suppliers
Communicates status of shipping/receiving activities to appropriate personnel
To select freight forwarders based on company’s objective of cost
To maintain shipping records and providing tracking of shipping history information on request
Preparation of shipping paperwork including customs duty & insuring the goods
Preparation of receivables and payables list and following it up.
Proper checking of Sales Invoices according to the sales orders.
Preparation of Leave salaries, Leave salary schedule for Audit purpose and Indemnity payments.
Extracting various reports from Excel database (e.g. Receivables & Payables, Leave & Indemnity, Payroll etc.)
Entering Payment vouchers, Receipt vouchers, Purchases, Sales, Journal Vouchers and monthly closing JV's in the system.
Preparation of Bank reconciliation, Monitoring different Banks’ balances and control the issuance of cheques.
Handling petty cash account .
Preparing purchase orders for various items.
Handling of shares, insurance, cash credit account, bank loan
Online filing of the C-forms, Vat registration, and Service tax
Getting audit work done with external auditors.
Preparing list of projects along with all relevant details.
After completion of projects, analyzing actual cost and estimated cost (material consumption and labour hours) and reporting to the concerned manager.
Checking the HR audit, Term loans & Bank loans
Preparing & checking the Advance files, Estimate files, Security Deposits, Mobilization & Defect Liabilities.
Handling Institute/Chapels/Convents Audits
Vouching of receipts & payment entries
Verification of documents
Knowledge of Service Tax
Bank Reconciliation - Comparing the entries from the pass book with the cash book and checking whether the closing balance tallies as per the pass book
Compilation of Financial statements such as Profit & Loss Accounts, Receipts & Payments, Income & Expenditure till finalization
Good knowledge of TDS, ESI, PF & Service Tax
Scrutinizing of general ledgers
Preparation of Trial Balance, Profit & Loss Account & Balance Sheet.
Bachelor of Commerce in Financial Accounting, Auditing & Taxation
