Sunil Kallingal

- Preparation and review of monthly and quarterly financial statements within the stipulated time frame.
- Assisting the Finance Manager for MIS Reporting and day to day accounting functions by verifying, crosschecking and authorizing the purchase orders, payment vouchers, petty cash reimbursement vouchers, journal vouchers, bank reconciliation etc.
- Performed end to end financial management functions right from budgeting to forecasting and variance analysis as per the company's envisaged goals for each month and quarter.
- Devised the company's purchase plan based on resource requirements and approved purchase orders after careful consideration of the variables of cost, quality and specifications.
- Preparing the yearly budget and forecast and review the same with the actual figures to ascertain the deviation.
- Preparing the monthly MIS report to CEO covering profitability statement, raw materials, production volume, staff cost and man hours utilization etc and comparing the same with budgeted figures to ascertain the deviations.
- Managing and supervising the finance team of 9 persons on their day to day accounting activities.
- Managed receivables and payables by preparing projected cash flow statement and ageing reports, prepared job costing report according to projects.
- Allocated direct and indirect cost according to projects on monthly basis to monitor project profitability and reviewed the same vs. budgeted figures to ascertain corrective actions.

The company is a division of ASCORP Holdings and is mainly engaged in the production of precast and pre-stressed concrete components for the construction industry.

Achievements:
Promoted as Accounts Manager within 8 months of joining the organization
Served as a Team Member in the implementation of job costing and the online payroll system within the company.
Effectively managed the entire payroll system for more than 1200 employees.
Handling and maintaining proper accounts / records for the Chairman’s multimillion personal Investment portfolios.


Key Responsibilities:
Performed end to end financial management functions right from budgeting to forecasting and variance analysis as per the company's envisaged goals for each quarter.
Devised the company's purchase plan based on resource requirements and approved purchase orders after careful consideration of the variables of cost, quality and specifications.
Planned for and developed the buying cycle in line with production budget and storage capacity
Managed receivables and payables by preparing projected cash flow statement and ageing reports, prepared job costing report according to projects.
Allocated direct and indirect cost according to projects on a weekly basis to monitor project profitability and reviewed the same vs. budgeted figures to ascertain corrective actions.
Liaised with industrial bank for financing assets for expansion and with other banks for LC, bank guarantees and other financial facilities.
Designed, implemented and evaluated the efficacy of internal control systems within the organization and periodically performed system audits to make it stronger.
Oversaw all elements pertinent to finalization of accounts and the submission of desired MIS reports to top management.

The company is a division of ASCORP Holdings, engaged in the development of ICAD Residential city, and to provide property and facility management to the project.

Achievement:
- Implemented a robust internal control system for the collection, recording and remittance of rental incomes at the bank on a daily basis and performed reconciliation on a monthly basis.
-Successful in assisting the IT manager to update the Accounting Software for the error free revenue calculation

Responsibilities:
• Overseeing the upkeep of an effective accounting system in compliance with internal control procedures with proper checks and balances.
• Maintaining proper records for the collection and allocation of rental income and other services as part of current and pre-paid incomes.
• Calculating lease charges for the leased property based on rental income, issuing monthly utility and service bills to tenants and ensuring all receivables were duly received and accounted.
• Liaising with financial institutions with regards to project loans for various developments undertaken as part of the company's portfolio.
• Reviewing payment certificates produced by the contractors based on percentage completion method for the development and construction of the property.
• Performing finalization of accounts in accordance with agreed accounting and auditing standards, coordinating with the statutory auditors during visits.
• Formulating all requested MIS reports with due analysis and presenting them to the management within stipulated deadlines in a way so as to facilitate strategic decisions.
• Ensuring all financial records, receipts, payables and cash flows are accurate, updated and processed efficiently, effectively and in a timely manner.
• Evaluating the financial programs and supporting information systems of the company to include budgeting and conservation of assets.
• Directing timely closing of the year end books for auditing functions and costs are kept to a minimum for the benefit of the
company.

The company is a division of ASCORP Holdings and is mainly engaged in the production of precast and pre-stressed concrete components for the construction industry.

Achievements:
• Promoted as Accounts Manager within 8 months of joining the organization
• Served as a Team Member in the implementation of job costing and the online payroll system within the company.
• Effectively managed the entire payroll system for more than 800 employees.

Responsibilities:
• Performed end to end financial management functions right from budgeting to forecasting and variance analysis as per the company's envisaged goals for each quarter.
• Devised the company's purchase plan based on resource requirements and approved purchase orders after careful consideration of the variables of cost, quality and specifications.
• Planned for and developed the buying cycle in line with production budget and storage capacity
• Managed receivables and payables by preparing projected cash flow statement and ageing reports, prepared job costing report according to projects.
• Allocated direct and indirect cost according to projects on a weekly basis to monitor project profitability and reviewed the same vs. budgeted figures to ascertain corrective actions.
• Liaised with industrial bank for financing assets for expansion and with other banks for LC, bank guarantees and other financial facilities.
• Designed, implemented and evaluated the efficacy of internal control systems within the organization and periodically performed system audits to make it stronger.
• Oversaw all elements pertinent to finalization of accounts and the submission of desired MIS reports to top management.

Responsibilities
• Formulated reports for analyzing the project's economic feasibility and viability.
• Performed credit appraisal of financial statements for clients to seek financial assistance from banks and financial institutions
• Prepared financial statements according to Accounting Standards and Statutory Requirements for companies across a wide cross section of industries.
• Drafted audit reports and several types of certificates, performed quality review of financial statements and tax returns filed.
• Ensured compliance of all records filed with direct tax laws and statutory norms.
• Advised clients on potential business opportunities and the due risks involved and provided recommendations in the best interests of strengthening the client's strategic position.
• Rendered assistance on a variety of issues pertinent to tax planning, management consulting, business advisory and insurance services.

The company is widely acknowledged as one of the pioneers in manufacturing corrugated and duplex cartons and paper products.

Achievements:
• Led and trained a team of six employees under direct supervision.
• Introduced incentive systems for the labourers based on production linked with quantity and quality parameters that greatly increased efficiency.

Responsibilities
• Maintained company policies and practices, analyzed financial results and provided the management with a clear understanding of financial performance and its implications.
• Proactively identified deviations from established KPI's and established action plans to take corrective actions when required.
• Facilitated economic analysis on all matters of financial impact for the relevant business, particularly in costing, cash flow management and asset management.
• Devised the buying cycle in line with sales budget and storage capacity, approved POs and suppliers’ contracts in addition to liaising with external parties such as banks, auditors and suppliers.
• Handled account supervision and finalization, coordinated with statutory auditors, monitored stock ageing and reduction of stock loss by devising proper security controls.
• Performed consolidation and reconciliation of Group Financial statements.

Previous Professional Experience:
Aug '94 - Mar '01: Audit Assistant, George & Paulson, Chartered Accountants- Kerala, India
• Conducted statutory and internal audit for various types of organization in Government, Public and Private Companies, Banks, Financial Institutions, Hospitals, Educational Institutions and Air line agencies and reporting to the Audit Manager