Surag Ramadasan

Preparing and reviewing monthly financial statements for SAUDI cluster as well as analysing variances between budgeted and actual data
Creating account analysis for all balance sheet accounts
Maintaining records of the acquisition, sale and depreciation of fixed assets
Extending support to internal and external auditors
Implementing recommendations suggested by the internal auditor and strengthening internal controls
Observing entire accounts payable processes including all operating expenses, petty cash and expense report
Ensuring timely payments of supplier invoices and expense vouchers
Providing assistance to the Finance Manager on cash planning and recommendations on weekly vendor cash disbursements
Contributing in weekly review of items invoiced, identifying potential issues with items not billed and assisting the team in resolving the issues
Assuring timely submission of invoices and collection of open receivable
Performing the analysis of open receivable on weekly basis
Monitoring daily cash activities including disbursement and receipt of funds
Generating ad hoc reports for better management decision-making

• Day to day cash application of freight collection reported from EUROPE.

• This involves receiving of the bank statements and the payment information from the location and creation of receipts against each payment.

• Liaising with the Front Office for clearing “On accounts” and “Unapplied Payment”.

• Preparation of Customers outstanding statements for Europe Regions and send to respective AR dept at Front end. The AR dept based on the report will send out the outstanding statement to customers for collection.

• Creating Manual invoices for exceptional charges.

• Process Write-off and refund requests.

• Analyzing and Posting of AP invoices for payment in SAP.

• Clearing and checking of Vendor Down Payments in SAP.
• Handling the queries with the Front office on a day to day basis.

• Maintenance of SOPs in tune with process changes and liaison with the process manager.

• Have created structured & exhaustive training material to enable a new-joiner start the basic process learning without frequent guidance.

• Have improved customer satisfaction through continuous customer education; Keep the customers updated on all changes in the SOP.
• Preparation of Aging reports, Suspense report and On account report.

• Imminent participation in creating SOP’s and analyzing SLA’s prior to get approval from the top management.

• Preparation of management reports like KPI and updating DPR in management control sheet for the team.

• Ensured that the team carries out the primary task of EUROPE activities as per the specified deadlines with agreed SLA.

• Communication of Dunning letters to the customers to ensure the payment to be made.

• The impact of the entries posted to GL from bank module are analyzed and apart from bank, the cash clearing account used for internal transfers is also reconciled every month end.