Manager - Business Process and Finance Operation
Procure Tech Staff LLC
Total years of experience :15 years, 2 Months
Provide financial reports and interpret financial information to managerial staff while recommending further courses of action. Advice on investment activities and provide strategies that the company should take. Maintain the financial health of the organization.
Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans. Conduct reviews and evaluation for cost reduction opportunities. Oversee operations of the finance department, set goals and objectives and design a framework for these to be met.
Correspondence with various departments, discussing company plans and agreeing on future paths to be taken. Develop standard accounting procedures to develop financial operations efficiency. Assist in accounts payable and receivable activities. Perform account reconciliation activities.
Manages accounting functions including maintenance of general ledger, accounts payable, accounts receivable, and project accounting, ensures accuracy and timeliness.
Manages monthly closing of financial records and posting of month end information, ensure accuracy of financial statement. Provides accounting assistance to counterpart and operations staff, responds to financial questions/ concerns to meet business needs.
Review financial data for accuracy, correctness and completeness. Hire and train new employees on financial operations. Monitor and manage all expenses within the allotted budget. Ensure team follows company policies and regulations.
Team Handling and other Job Responsibilities:
Handling client calls, escalations, queries and issues of business partners.
Reviewing and approving entries submitted by subordinates.
Taking monthly one on ones and provide report to management. Support client on exceptions or ad-hoc activities.
Track process documentations\SOP for changes and exceptions.
Weekly publication of Score Card for subordinates works reporting to management.
Skill matrix analysis to have an adequate allocation of work in order to get optimum production.
Daily calls with clients across US Region and discuss process improvements and challenges in work. Sitting with Internal Audit Team and discuss area of improvement and provide data of various Audit Observation. Analyzing the process & work for process improvements by applying lean ideas & robotics to reduce activity time & FTEs. Responsible for preparation of MIS reports & other statements daily, weekly and monthly. Preparation of various Trackers to ensure the completeness of various SLA’s.
Handling daily operations and worked as an SME (Subject Matter Expert) of the process. Validate all moth end close entries post by other team member, also approved the journal entries and sent for Business Review. Prepare BPC schedule and Submit to CFO on work Day 4.
Prepare month end closing journals like cash in transit, unapplied cash, credit card fee, provision for bad debts and others. Prepare the reconciliation and submit to business to review. Prepare the various trackers for month end journal and reconciliation, Daily interaction with business for client queries and discusses process related issue. Making SOP and Business document on working.
Handling Seven operating companies’ accounts for Sysco US Clients. Maintaining accuracy and timely submission of reports as per the deadline mentioned
P&L and Balance Sheet analysis to bring out the discrepancies and report them out to get it cleared by the concerned department. Booking of accrual on month end to have an adequate presentation of Trial balance.
Book an adjustment for bad debt provision on monthly basis on the basis of gross AR and recoveries. Responsible to look AR accounts closely and preparing accurate aging report.
Booking of Bank charges as per the bank statement. Responsible to research and reclass cash applied to correct accounts to keep the books in balance.
Responsible to reconcile all the AR accounts on monthly/weekly and daily basis. Report Intercompany balances in BPC.
Handling of escalation and provide proper support for timely corrections. Handling Pre/Post closing calls with client and provide detailed course of actions. Daily interaction with quality team to streamline the process and develop the Process improvement plans.
Weekly calls with clients across US Region and discuss process improvements and challenges in work. Sitting with Internal Audit Team and discuss area of improvement and provide data of various Audit Observation. Analyzing the process & work for process improvements by applying lean ideas & robotics to reduce activity time & FTEs. Responsible for preparation of MIS reports & other statements daily, weekly and monthly. Preparation of various Trackers to ensure the completeness of various SLA’s.
Handling daily operations and worked as an SME (Subject Matter Expert) of the process. Validate all month end close entries post by other team member, also approved the journal entries and sent for Business Review. Prepare BPC schedule and Submit to CFO on work Day 4.
Prepare month end closing journals like cash in transit, unapplied cash, credit card fee, provision for bad debts and others. Prepare the reconciliation and submit it to the business to review. Making SOP and Business document on working.
Handling seven operating companies’ AR and Cash accounts for Sysco US Clients. Maintaining accuracy and timely submission of reports as per the deadline mentioned
Perform financial analysis and reporting to management as needed. Perform month end accounting activities such as reconciliation and journal entries.
Coordinate with finance team to complete assigned accounting task within deadline. Evaluate computerized systems and provide recommendation to IT team for performance improvement.
Generate financial reports and statement to Managers for review. Analyze financial discrepancies and recommend effective resolutions.
Monitor expenditures, analyze revenues and determine budget variances and report the same to the management. Respond to accounting inquires from management in a timely fashion. Provide guidance to other Accountants when needed. Planning and performing operational and financial audits.
Assist in budget preparation and expense management activities for assigned accounts. Assist in auditing activities by providing necessary information and preparing requested documentations.
Monitor and record financial transactions according to company policies and regulations. Review and recommend changes to existing accounting procedures.
Looking after the entire leasing & workshop operation and also interacts with the customers & corporate companies to developed business growth for the company.
Assist in the development and review of spare parts costing. Preparation and planning of monthly forecast and represents the same to all departments to achieve their monthly targets. Liaising with external auditors for the annual audit. Preparing payroll under WPS System.
Providing Financial Information to the operation department of showroom and workshop when needed to perform their work smoothly. Prepare and present reports that reflect audit’s result and document process. Identify loopholes and recommend risk version measure and cost saving.
Perform and control the full audit cycle including risk management and control management over operations effectiveness, financial reliability and compliance with all applicable directives and regulations.
Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc.
Developed a growth strategy focused both on financial gain and customer satisfaction. Arrange business meetings with prospective clients.
Internal Audit Work :
Checking the financial reports and records are accurate and reliable. Identifying if and where processes are not working as they should and advising on the changes to be made.
Preparing reports, commentaries and financial statements. Undertaking review on wages.
Providing month end Audit reports to the management. Controlling the flow of cash along with purchase. Identify loopholes and recommend risk aversion measures and cost savings.
Certain branch visit to check the stock for vehicles, spare parts, petty cash, purchase and sales invoices. Keeping an eye on the administrative activities.
Doing management level work reporing to CEO & Finance Manager
As a part of Accounts Function, Management of Accounts Receivables, Preparation of Ageing wise reports for Receivables, AR Analysis, Credit Approvals /Administration, Branch Accounts Handling, Follow-ups for receivables and Management of Accounts Payable are some of the major assignments.
Performing all kind of Accounting, Financial and Audit work
MBA in Finance
Major in Finance
Major in Accountancy Honours.
