Finance Department Supervisor on SAP HANA
Liugong Machinery middle East FZE
مجموع سنوات الخبرة :14 years, 5 أشهر
Monitor the day-to-day financial operations within the company (payroll, invoicing, and other transactions)
Review reimbursement for employees/ Arrange payments / Issue Cheque.
Support project analysis, validation of plans, and ad-hoc requests.
Manage the company's financial accounting, monitoring, and reporting systems.
Ensure compliance with accounting policies and regulatory requirements.
Daily operation, Month-end closing of SAP system/ Daily FX rate maintenance.
Convert and provide Financial Statements to LGHQ (China)in accordance with Chinese accounting standards.
Provide monthly reports of inventory, and non-related account receivables to LGHQ (China).
Coordinate with Finance Manager to submit financial data monthly/ monthly report & Balance sheet schedules.
Sales and gross margin analysis/ Provide financial risk warning.
Reconciliation with inter-parties, and non-related parties/ Verification of purchase invoices.
Complete the inventory-taking (inventory, fixed assets).
Review overseas long-term asset investment plans/ Ensuring the safety of overseas assets.
Finance statement review of dealer /Customers.
Conduct business internal control management in accordance with the company's system and audit requirements.
Submit internal control materials as required by the internal control department.
Monthly fund planning and management. Prepare monthly and quarterly management reporting.
Budget management: Control expenses and asset planning according to the company's budget goals and sales.
Key Responsibilities/Accountabilities: - Creation of G/L master, house bank and maintained field status variant and
posting keys, Setting for foreign valuation exchange rate and configuring input output tax of VAT, chq deposit processed
prepared recurring entries with enter run dates, run schedules, supervised holding and parking documents
Vender/Customer Codes Creation General expenses Retention verification and PO releasing.
Prepared assets, liabilities and capital accounting entries by analyzing and verifying the account information.
Managed accounts receivable: prepared progress report, payment certificate, and sales tax invoice, customer
statement of account reconciliation/confirmation and customer payment follow up & collection.
Managed accounts payable: Processed more than 200+ Invoices in a day with review of purchase invoice and local PO
with its supporting documents, SOA reconciliation/confirmation and payment processing.
Processed employee’s expenses reports and PRO, DEWA, mobiles, atheer card bills, Companies & vehicle payments.
Cash management: Verifying and reporting cash on hand, petty cash and staff imprest fund transactions.
Bank management: Bank reconciliation, bank payments and performing other bank related transactions (e.g.
cheque book requests, wire transfers cheque verification, bank letters, etc.)
Project Status Report:Updated sales progress, actual costincurred and project cash flow. Ensured all project related
tax Invoices along with Payment certificates received and recorded with appropriate project codes to manage
the financial reports such as monthly, quarterly and half-yearly, Prepared million Values of PO Payment history.
Payroll: Reviewing attendance report and overtime report and processing WPS & cash salary payments.
Fixed Assets, Provisions and Prepayments/Accrual Management.
Provide full aid & support to GM, FM & departments such as admin, HR, purchase, store, operation, estimation.
Prepared financial statements and reports to ensure with budget development and financial forecasting.
• Verified the postings of HR, consultancy and employees’ tour and site advances bills.
• Reconciled of employees and vendors accounts and followed up debit and credit notes.
• Granted processed cheques deposits for branches, admin imprest amount and rent of regional buildings and guesthouse rent and verified the postings of all bills in system.
• Staff mobile bills reimbursement, ticket booking of employees (Flight, Train and Bus), TA bills Verification and generated the reports with respective of Project codes, relevant cost and profit center, and creation of Contractors, vendor employees and vendors (Project) SAP Codes Creation
• Salary JV Verification and Processing LTA, Salary Advances.
• Monitored Tax entries of Contractors, rent, professional tax, Salaries (TDS) tax, VAT and Service tax with exact cost and profit Centre and Segments and Repairs & Maintenance Bills Verification
• Sometimes visited banks, Factory and others places for auditing the bills.
• Stationery, electricity, water, telephone, vehicle maintenance payments with Internal Controls.
Key Achievements
• Implemented corrective measures that decreased minor accounting discrepancies by 30%
• Designated a complex online accounting system that increased efficiency by 50% owing to easy access from all off state offices.
Roles and Responsibility:
• Generated statements of accounts of debtors and creditors on monthly basis after ensuring all transactions captured. Preparing the weekend sheets expenses of the office.
• Receipts from Customers and payment to the vendors depositing cash & cheques with Banks by matching Invoices against receipts, effectively handling petty cash expenses & Preparing Vouchers.
• Followed up with Customers, vendors, getting, & making payments in time by coordinating with Operations, brilliantly handling accountancy and bookkeeping.
• Clarified customers and vendors’ queries by providing required documents by coordinating with Operations, closely works with external finance consultants.
• Prepared financial/general accounting functions and analysis of financial reports.
• Prepared ESI & PF, TDS, and PAN Card of the clients. And doing E-filling & preparing ITRs
• Preparation of financial reports like, trading A/c profit & Loss A/C, balance Sheet, depreciation sheet & Income Computation Statement for various Clients.
Key Achievements
• Expanded the accounting department efficiency 30% through rigorous training of accounting staff.
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A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions.
My Projects are related to accounting & Finance ,it focuses on the financial transactions related to managing a project including costs, billing and revenue. Professionals such as project managers and accountants use this method to integrate key financial tasks on a project-by-project basis and report their progress and success to management