Senior Accountant Payroll, Payable, Receivable
Qatar Aluminium Limited
Total years of experience :21 years, 8 Months
CURRENT PROFILE IN QATALUM:
o ALL EMPLOYEES RELATED PAYMENTS - Checking and Processing of Payroll, Expenses Reimbursement, Business Travel Claims, Insurance Claims, School Fees Claims, Club Membership Payments etc etc
o MONTHLY PAYROLL - Manage and guarantee timely disbursement of payroll, including UAE and GCC pension, consistent with UAE laws and regulations. Ensures that payroll processing of new hires, temporary workers, transfers, promotions and terminations are accurate, timely and compliance with payroll labor laws and other payroll related regulations. Critically review and analyze current payroll and benefits in order to recommend and implement changes leading to best-practice operations.
o PAYROLL VARIANCE - Preparing the monthly report for management on monthly payroll variance, with a reason of increase and decrease in the payroll.
o POLICY & PROCEDURES - Partners with HR and benefits in aligning and implementing a more sophisticated payroll and benefits system. Assisting and ensuring that policy, procedure and systems are setup and updated accurately and wages, Benefits etc. are in line with employment contracts, policies and procedures. Oversees and coordinates the payroll functions to ensure that appropriate internal controls have been established and are being adhered to.
o INTERNAL & EXTERNAL STAKEHOLDERS - Maintains contacts with external resources and organizations (e.g., auditors, banks, government groups and law firms) to resolve problems, prepare and submit reports, and to develop programs that affect employees payments or employee payroll-related issues.
o REPORTS & MONTHLY / YEARLY CLOSING - Manage regular preparation of relevant management reports, including weekly, monthly, quarterly and year-end reports (gross payroll, hours worked, benefit deductions, Various Accruals, Reconciliation, GL reviews, Budgets v/s actuals cost Review etc etc etc.).
PREVIOUS PROFILE IN QATALUM :
o ACCOUNT PAYABLE - Vendor Invoice Processing ( Local & International ), Vendor Balance Reconciliation, GR/IR Reconciliation, Follow up O/S Payments etc. Verifying WHTax deduction & depositing to MoF. Issuing WHTax Certificate to vendor
o ACCOUNT RECEIVABLE - Raising Customer Invoice & Accounting Incoming Payment ( Receipts ). Preparing Bank Reconciliation, Monthly KPI reports etc. etc.
o FIXED ASSET - Physical verification of Asset, with external auditors.
TECHNICAL RESPONSIBLITLY IN QATALUM :
o ESS, MSS & SAP Localization i was part of Core-Team member.
o SAP Atomization in various areas, so that the time & work pressure can be reduced.
o Testing & Suggestion SCB Water Fall, BNP EBS, Cheq Printing, Parked & Post JV’s
Senior Executive - Finance.
1. SAP Version 4.2 - Mastek is fully SAP functional
2. Fixed Assets - Capitalization, Addition, Retirement, Preparing FA Schedule, Preparing Profit/(Loss) on Sale of FA, Physical verification and books reconciliation.
3. Capital Assets Related bills checking, posting and raising the queries within 3 days
4. Generating monthly fixed assets statement for Insurance coverage.
5. Accounts Payable - Handling Vendor’s payment of various department ADMIN, TRAVELS, TIS, TRAINING, MDC & CAPITAL related bills. Local & International Travel bill processing.
6. Accounts Receivable - Preparation of Billing and posting in SAP, raising debit notes on subsidiaries UK/US/Malaysia. Keeping control of A/R receivable & submitting the MIS to management.
7. Preparation of monthly provisions statement and uploading the same into SAP after proper scrutiny.
8. Ensuring that service tax liability is calculated and paid in time and credit is properly taken.
9. Member of Finalization Team - As Mastek is a limited company and listed in National Stock Exchange & Bombay Stock exchange we have to declare quarterly result in Indian GAAP and US GAAP. I am actively involved in finalization of accounts for Mastek Limited only.
10. Auto Customization & implementation of various reports taken from SAP, as per our requirement.
11. Keeping control for Capital & Revenue expenses & submitting MIS to management on a monthly basis
12. Part of Negotiation team in procurement, representing the Finance cost cutting view.
13. Mastek has acquired a company in US, VECTOR, I have been given responsibility to look into this company’s accounts independently, that is MIS / Budgeting / Costing etc
14. Payroll :-
• US Payroll, under ADP module. The tax structure of US is state wise, hence we have outsourced the payroll tax to ADP, this is ADP software is one of the largest software company who handle the payroll. I use to plunk data of New joiner / termination / increment; all allowance & tax was calculated by the ADP. Once payroll is over I use to do the accounting entries & tally the US branch book with our Mastek India Book.
• Malaysia Payroll. I use to hand the Transfer of money to employee account from the MayBank Malaysia & passing the necessary entries in the books followed by the branch reconciliation. Before transferring the money, I use to check the figure sent by the Malaysia office, in a xls format. Normally I check the authenticity of the payment, EPF deduction / STD Deduction as per the LHDN Schedule ( category wise K - KA20 )
LOVELOCK & LEWES SERVICES PVT. LTD., is a BPO Arm of Price WaterHouse Coopers PWC.
1. Preparing Income & Expenditure Statements and Balance Sheet of all activities for West of Maharashtra from Tally 5.4 to Excel workbook sheets
2. Preparing "TDS, Staff and Bank Reimbursement Reconciliation statements etc
3. HR & Admin jobs which includes Recruitment / Attendance / Salary / Infrastructure Issues, nearly managing 300 employees, for all Western Region.
4. Preparing Monthly TDS statements for filling Challans, ESIC Statements for ESI Payments
5. Computer proficiency. Familiar with Msoffice & Internet.
NEXUS COMPUTERS LTD., is a Pioneers in LAN in India with a network of branches (total seventeen). Manufacture of "NEXUS" rand of Computers based at Pondicherry & also Business Partner for IBM, COMPAQ, & H.P product.
1. Preparing Profit & Loss Statements of Bombay, Pune, Belgaum & Goa Branches.
2. Advising Manager for preparing the reports of each expenses and analyzing the same.
3. Every 10 days preparing the statement showing "Sources &Application of Funds".
4. Preparing Monthly Sales & Purchases Statement for the purpose of Sales tax.
5. Preparing Bank Reconciliation, Raising Invoices, Passing Journal Entries
6. Computer proifencey. Familiar with Msoffice & Internet.
KAMLESH M. PAREKH & Co. ( ACA) Mumbai, India
It's a C.A's Firm Undertaking Audit Works of MFG, Exports Co. Partnership Firm, Sole Proprietary Concern .etc and Account Writing of their Clients with the help of proper documents.
1. Account Writing upto the Finalization viz: - Cash & Bank Book, Sale &Purchase Register, Ledger Book. Etc.
2. Working out Cash &Fund Flow Statements.
3. Writing Accounts in TALLY & MSOffice packages.
4. Updating of challan & returns, annually & monthly of IT & ST up-to-date
5. Preparing Bank Reconciliation, Bank Summary Reports etc.
6. Working In Computer in MSOffice98, TALLY, WS5, LOTUS Packages
VINOD H. THAKKER & Co. ( ACA ), is a C.A's Firm Undertaking Audit Works of MFG, Exports Co. Banks, Insurance Co. etc and handle S.T & I.T cases of the above said Co
I completed my B.com with 88% marks in in Finance Accounting & Business Management Accounting. Main subject was Accounts, Direct & Indirect Tax, Auditing & Economics Awarded for Highest Marks in Finance Accounting & Business Management Accounting.
