Accountant
Seven Seas Water Purification Equip & Trdg. UAQ
Total des années d'expérience :14 years, 4 Mois
Responsibilities:
Responsible for handling Petty Cash and preparing Daily Cash Statements.
Preparation of Purchase Orders, Invoices, Credit Notes, preparation of Vendor Statements and scheduling their payments.
Coordinated monthly payroll functions for employees.
Examine statements to ensure accuracy
Compute taxes owed, prepare tax returns and ensure prompt payments
Improve businesses Efficiency where money is concerned and make best practices recommendation to Management.
Reconciliation of Bank Accounts.
Reporting to Management (MIS Reporting) and Purchasing:
Performed process analysis, provide Daily, Monthly and Yearly Sales Analysis Report, Sales Vs Purchase Analysis Reports, Budget Reports, Budget Achievement Analysis Report, to the Stores and communicated recommendations to management.
Reconciling Store Accounts, Created financial reports and supported all areas of responsibility, and Profit & Loss account for all stores under Al Manama Group of Companies license.
Quarterly Analysis Reports to Management :
a) Vendor Trading Agreement Analysis-Score Card for tracking Progress
b) Sales & Purchase Analysis Report
c) GP Analysis Report
d) Budget Analysis Reports
Responsible for working on Budgeting and Forecasting of funds and suggesting requirements of funds for upcoming Projects.
Assist the Departments heads in keeping account of the Vendors Trade Agreements, work on collection of discounts and rentals by preparing yearly and Monthly Score card for each Supplier for making BDA-Business Development Agreements.
Verifying payments made to suppliers to check the accuracy of payments made.
Work on automation process for reducing time & simplify process, with the help of Excel Macros/ VBA-Visual Basic Application.
Assisting Accounts Manager in Year End Audit related Reports and Data analysis for All the Stores, Warehouses and its Sister concerns.
Assisting General Manager with the CAPEX-Capital and Expenditure forecast for opening New Outlets
Purchasing Responsibilities:
• Handling the imports and exports of Non Food items from India China & Thailand.
• Handling Consignments goods and creating Purchase Orders/arranging Payments to the suppliers as per the consignment Agreements
• Assisting in Purchasing of Assets for New Outlets by taking quotations/comparing the quotations and finalising the orders.
• Assisting Department’s heads and managers in handling promotions of product and tracking the Purchase, Sale and Losses.
• Tracking the Non Moving items and Returning the Goods to Supplier.
Joined as Associate Merchandise Payable in June 2009 and was promoted to Executive Merchandise Payable April 2011 and as Sr. Executive Merchandise Payable from June 2012 till 26th April 2013.
Responsibilities:
Hands on experience in handling Accounts Payable and internal audit to analyze activities that involve understanding the process and testing the Business Controls and reporting results.
Reconciliation of vendor accounts, processing invoices for payment. Having a clear understanding of Service Level Agreements (SLA) and resolve issues related to existing agreements. Ensuring accurate and timely vendor payment. Take leadership to resolve payment conflicts and negotiate payment settlements when appropriate.
Analyze reports pertaining to Merchandise Payable, Work on Individual performance vendors and improve the system match rate by identifying the areas of improvement and trend in shipment.
To provide guidance and direct the team in relation to bridging the gap in terms of process understanding/Knowledge. SME-Subject Matter Expert for Toys Workflow and Handling a Team of 9 Team Members. Allocation of workload to Team Members on daily basis and keep a track of their performance, provide refresher trainings and to improve accuracy of the whole Team. Prioritize issues, based on urgency, while meeting monthly deadlines and getting it done on timely basis. Work with TTS/Support to resolve system issues.
Partnering with Business Teams, Inventory Accounting, Stores and Distribution Centre's to develop process/procedural improvements to reduce future PODs.
To educate and update the process changes and to perform random audits to ensure effectiveness of the controls and to mitigate any loopholes proactively.
Working with the Accounts Payable Teams on Receipt write off Project which involves researching proactively for making proactive payments to maintain positive relations with the vendors and help in reducing the amount of receipts getting written off from the Lawson System.
Career Highlights:
• Effectively streamlined the process with high-end quality, timeliness and accuracy.
• Top performer in Target India and I hold the record for receiving the number of “STAR OF THE MONTH” awards, “METRICS MAESTRO AWARDS” for Outstanding performance and “THE WALL AWARD” for consistent Performance and received several Great Team Cards from Managers for the performance and accuracy.
• Received “Partners’ Choice Award” from the Team in Minneapolis (Target’s Head Quarters) for Great partnership with the partners, taking initiative and thinking out of the box and resolving vendor issues. Received “Partners Appreciation” from the Team in Minneapolis for working on different vendor issues and attending to any request promptly and getting things done in effective manner and also helping with Vendor Legal issues by providing timely updates.
• Received “Leader’s Choice Award” from the Team in India for achieving highest productivity within stipulated period and Mentoring new Team members on complicated vendors.
B.Com in Accounts