SYAM VENUGOPAL

 Prepare Strategic Plans, Budgets and quarterly forecasts and perform variance analyzes, identify trends, threats and opportunities, flag early warning signals, make recommendations for changes.
 Transaction level analyze to comply with defined business policies and procedure, standard operating procedures, ensure that comply with true and fair view of financials.
 Prepare segregated and combined financial statement and MIS reports includes Balance sheet, Profit and loss account, Cash flow, Changes in equity, Inventory Movement, Debtors Movement, Rations analysis, revenue reports, Operating and non-operating costs, capex utilization, provisioning and utilization, other comprehensive income/losses, variance analysis with reasoning for management.
 Periodical sales & revenue analysis, unit vise and project vise cost and margin analysis, analysis market trend and constrains, direct and indirect cost payback, profitability analysis, define sales rates and tariffs, forecasted sales and utilization report.
 Manage Capex work in progress and Fixed Assets for addition, utilization, transfer, disposal and retirement including capex budget planning system process.
 Works closely with BUF (Business Units Finance) and concerned accounts persons for all transaction, verify approval, allocate between division, departments and organizations, and posting in SAP.
 Verify supplier balance movement, verify and provisioning for open PO’s verify the booking to ensure correct cost center, division, department and organization.
 Analyzing debtor’s movement and provide provision, support receivable teams for documents and policy comply, alert and support to collect pending dues/ bad debts.
 Analyze division wise, location wise stock movement, provisioning for aged and damage stock, analyze Work-In-Progress and adjust the cost and accrual entry.
 Daily/ Monthly Bank Reconciliation and post the receipts by ensuring correct customer account and correct division, department, and organization.
 Monitor and posting for Rent, Utilities include Electricity, water and telephone, Fuel and Vehicle running expenses by ensuring the agreed utilization ratio division, department and organization.
 Month end/ year end intercompany/ corporate/divisional/ business segment corporate cost and revenue allocation. Related party profit elimination for MIS consolidation reports.
 Prepare budget and actuals upload in system SAP, BPC, IFRP and circulated to the concerned stakeholders.

 Analyze business policies and procedure define and implement standard operating procedures, ensure the adherence to company SOP and system from staff and related parties.
 Conduct internal audit of company accounts and systems and co-ordinate with external auditors to ensure successful and timely closing of yearend audit financials.
 Prepare Budget, budget analysis, variance report with reasoning, analyze area for cost reduction and control, design and implement cost control measures.
 Prepare and analyze utilization reports, assets payback analysis, downtime, maintenance & repair, and cost effective.
 Monthly sales & revenue analysis, unit vise and project vise cost and margin analysis, analysis market trend and constrains, direct and indirect cost payback, profitability analysis, define sales rates and tariffs, forecasted sales and utilization report.
 Analysis business performance and unit payback with projected sales reports, define product mix and purchase plan.
 Verify and authorize for Purchase Orders, Material Receipts & Rejections, Vender Invoices & Credit Notes, and control Internals Inventory Movement & store transaction.
 Negotiation with Bank and Financial authorities for cost effective finance scheme and facilities, charges, and payment schedule, monitor and book transactions, prepare and authorized payments via online-transfer, Cheques and other fund transfer documents, bank reconciliation and balance confirmation, review bank Applications, facility and loan Documents, Letter of Credit documents for major export orders.
 Review and Authorize customer credit applications and supporting documents, sales contracts and agreements, guarantee & advance receipts, sales receipts, sales invoice, discount & rebates.
 Performed reconciliation of general ledger and accounting transaction reports for accuracy.
 Monthly and yearly booking and closing of financial transactions, payroll and cost, leave salary, leave passage and terminal benefits, calculate & book depreciation, amortization, prepayments, revenue and cost as per matching concept, accrued and deferred revenue allocation, prepare Trail Balance, Income Statement, Balance Sheet, Cashflow Statement, Retained Earnings Statements, other supporting for financials and financial ratio analysis reports for periodical submission to the General Manager and Board of Directors.
 Prepare Business projection, current position, budget variance, reasoning and corrective measures, plan of action, fund flow and finance requirement and plan, payback report to the General Manager and Board of Directors.
 Annual review of business performance and budget, define manpower requirement and staff cost, undertake and monitor recruitment, training, placement, performance appraisal, promotion, benefits increment, demotion and deduction, emoluments and terminal benefits as per UAE law.
 Contact business inhouse and external meetings like sale meeting for review sales targets, variance, collection and performance, define correction plan, with operation team for cost actual and budget variance, with general team for administration and policy matters, customers for proposal, credit facility, disputes & recovery, with suppliers for credit facility, quotation and pricing, disputes & settlements, with banks and finance house for transaction disputes, facility and loan support, and with top management for business performance and plan review etc.,
 Initiate and coordinate legal and legislation affairs including receivable, payable, license registration and permissions, fines fees and penalties etc.

 Verify and authorize for Purchase Orders, Material Receipts & Rejections, Vender Invoices & Credit Notes, and control Internals Inventory Movement & store transaction.
 Evaluate Production Cost, verify and authorize Bill of Material, Process Internal Inventory Transfer/ Conversions entries and verify Inventory levels.
 Prepare utilization report, evaluate reason for variance, prepare utilization planning and projection to ensure optimization and ensure follow.
 Maintain Bank Projection schedule and monitor transactions prepare Bank Reconciliations and alert Management about Critical.
 Maintain postdated receipt and payment register, commitment schedule and ensure the bank balance on regular basis.
 Preparing Letter of Credit (LC), Trust Loan (TL) Local Bill Discounting (LBD) documents, scheduling, monitoring and maintaining accounting transactions.
 Coordinate with bank for manage facility, streamline finance and advances processing and charges
 Meeting venders to set credit policies, resolve payment and other disputes and to ensure prompt and quality supply.
 Obtain Supplier Balance Conformation, Schedule invoice for payment as per credit policy agreed and meeting deadline for Supplier Payment.
 Prepare and monitor Payroll, Staff Loans and Advance register, leave data and end of service benefits, staff expenses etc.,
 Prepare and maintain Assets Register, depreciation schedules and monitor Assets expiry, revenue to cost report.
 Periodical verification of Stocks of Inventory, Finished Goods, Work-In Progress and other consumables, verify with system and ensuring the periodical submission of stock statements /reports.
 Prepare month end closing Entries, Provisions and apportion entries.
 Prepare Monthly and year-end Combined and segregated Profit and Loss Account, Balance Sheets, Fund/ Cash flow statements, other Schedules, Reports and In-House Financials to Management, Auditors and Banks.
 Prepare interim budgets, periodical variance analysis reports, monitoring the financial and other internal controls as per Group Policies.
 Monitoring inter-company/ related party transactions and reconciliation with other business entities on regular basis.
 Ensure sound work environment and by Interact and resolve Labor issues, monitor general plant and factory activities.
 Liaising with external auditors and consultants/ legal advisor/ Government authorities.

 Verify customer documents (Trade License, Chamber of Commerce Certificate, Authorized Personas Passport Copy and Signature, Power of Attorney and Open Debtors Account is System, etc., ) and Maintain Customer documents File, Monitor documents expiry & acquire renewed and periodical update
 Verify Credit Application, LPO, Leasing Agreement, Drivers Documents and License, Set Admin Fees, Approve Discounts & Rates verify contract opened in system and evaluating customer’s financial & structural profile, Approve Credit Terms and payment mode.
 Verifying and authorizing the invoices, receipts, vouchers with LPO, Agreement/ Contract and other supporting.
 Recoding Receipt/ Payments/ Debit Note and Credit Notes and other General Accounting transaction in Hansa World (ERP) Accounting Software and Provide Daily/Weekly/Monthly Collection Report,
 Preparing and submission of Revenue Invoices on the basis of service contract, coordinating with Client for disputes, Monitor credit Terms, Meeting deadline and Follow-up, Visit customer to resolve issues and streamline payment.
 Monitor and Control Credit Card Transactions with Batch settlement, Posting and allocation of Receipt and Payments.
 Provide Daily/ weekly outstanding report to sales and management, Critical & Legal Customers Update and Conduct Debtors meeting with Sales Staff and Management.
 Support management for set base rental tariffs leasing policies & procedures, Sales incentives and monitor. Report Daily/ Monthly basis sales (Type of contract, % of Up sell, incentive applicable Sales performance analysis).
 Process Toll and Traffic Fine Transactions, Repairs/ Service charges, Generate Invoices, verify & process Debit Note & Credit Notes, coordinate & Dispatch to Customer.
 Propose to management for Bad debts, Discounts, and for final Settlement for debtors outstanding.
 Coordinate with CarPro and E-Salik and other IT Venders for resolving system issues.
 Acquire receivable balance conformation, prepare postdated and advance schedule, debtors statements and control account balance statement as part of yearend auditing.

 Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
 Evaluates the financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
 Managed Cash Flow for normal Business Operation, prepared Business planning on the basis of market targets and yearly Revenue & Expense Budgets in line with Business Plans.
 Set up of Business module, Budget structure, finalizing the Budget, preparing & implementing policy & procedures for internal control.
 Developed & implemented financial and administrative policies, systems, procedures and controls in coordination with other department heads.
 Controlling debtors & creditors and liaised with external auditors and consultants/ legal advisors.
 Prepared internal audit reports, identified control weaknesses and recommended for the improvement.
 Monitor the expiry of financial agreements, observed renewals and compliances as per policy of the company.
 Ensured compliance with International Accounting and Auditing Standards, local statutory requirements and international reporting requirements.
 Handled Indirect Taxation and prepared monthly tax returns and related information.