SENIOR FINANCE MANAGER
CS OFFSHORE
Total years of experience :9 years, 8 Months
Heading the overall Finance & Accounts Division of the organistaion independently.
Responsible for the monthly analysis of Accounts Receivable/Payable like ageing analysis of debtors & creditors, outstanding and overdue position, customer account reconciliations and generation of weekly Debtors/Creditors Management Reports & follow up for collection of receivables.Preparation of weekly Cash Flow Statement submitted to the management.
Involved in Quarterly and Annual closing and Audit of accounts, Bank Reconciliations and related activities like finalization of Audit Schedules, Provisioning Entries, Variance Analysis of Actuals Vs Budgeted, analysis of Post Management Expenses, Complete Ledger reconciliation. Compiling the trade transactions of African & South East Asian offices/subsidiaries.
Reviewing Inventory position such as slow and non moving items of stock, age wise stock analysis and generation of monthly Inventory Management & review reports with observations on slow & non moving stock to the management.
Involved in international Trade Finance & International Finance of the entity, dealing with the bankers on Letter of Credit(LC) business model & managing Clean Import Loans(CIL) of the company.
Preparation of monthly & quarterly MIS reports, trend analysis & review of line items with reasons & observations provided to the Management.
Preparation of OPEX retirement statement for vessels under fleet and preparation of crew payroll for approx 300+ crew on board.
Heading the overall Finance & Accounts Division of the organistaion independently.
Responsible for the monthly analysis of Accounts Receivable/Payable like ageing analysis of debtors & creditors, outstanding and overdue position, customer account reconciliations and generation of weekly Debtors/Creditors Management Reports & follow up for collection of receivables.
Reviewing inventory position such as slow and non moving items of stock, age wise stock analysis and generation of monthly inventory management & review reports with observations on slow & non moving stock to the management.
Involved in Trade Finance & International Finance of the entity, dealing with the bankers on Letter of Credit(LC) business model & managing Clean Import Loans(CIL) of the company.
Involved in Quarterly and Annual closing of accounts, Bank Reconciliations, Consolidation & Finalisation, Annual Business Plan and projection analysis and related activities like finalization of Audit Schedules, Provisioning Entries, Variance Analysis of Actuals Vs Budgeted, analysis of Post Management Expenses, Complete Ledger reconciliation/Inter Company transactions.
Preparation of monthly & quarterly MIS reports, trend analysis & review of line items with reasons & observations provided to the top & middle Management, supporting annual budget & reforecast process.
Handling Channel Financing like OEM Financing, Receivable Purchase Financing arrangement that the Company had with the Bank to recoup its Working Capital requirement.
Independently handling the Freight & logistics section, responsible for Accounts Payable analysis.
Handling accounting and reconciliation of Centralized Collection & Discounting account of the company with the Prime Bank.
Also managing Current Account of Raw Material procurement and working in SAP ERP Package
Involved in Quarterly and Annual closing of accounts, Bank Reconciliations, Consolidation & Finalisation, Annual Business Plan and projection analysis and related activities like finalization of Audit Schedules, Provisioning Entries, Variance Analysis of Actuals Vs Budgeted, analysis of Post Management Expenses, Complete Ledger reconciliation/Inter Company transactions.
Preparation of monthly & quarterly MIS reports, trend analysis & review of line items with reasons & observations provided to the top & middle Management, supporting annual budget & reforecast process.
Handling Channel Financing like OEM Financing, Receivable Purchase Financing arrangement that the Company had with the Bank to recoup its Working Capital requirement.
Independently handling the Freight & logistics section, responsible for Accounts Payable analysis.
Handling accounting and reconciliation of Centralized Collection & Discounting account of the company with the Prime Bank.
Also managing Current Account of Raw Material procurement and working in SAP ERP Package
Handling Sales Tax, Service Tax and Income Tax matters for Northern region in India.
Independently looking after various Statutory Obligations & other leviable rulings applicable to the organistaion .
Also abiding by the various Accounting Standards like IFRS & IAS.
Liaison with Gov Authority/Railways-implementation of E-payment of Railway Freight & reconciliation with Railways. Control measures for Vendor payment/Vendor complaint management system.
Completed Chartered Accountancy: Institute of Chartered Accountants of India, May '07, won the Critics Award for Best Student. Attended seminars on Professional Education (CPE) & IFRS under CA course.
B.Com from Lucknow University in 2004
➢ Knowledge in SAP ERP package, practical experience for 4 years. ➢ Working knowledge in Tally ERP 9 software ➢ Proficiency in MS-Office (Word, Excel, PowerPoint), pursued training from Aptech Limited, India. Other Projects handled ➢ Successfully handled several WORLD BANK AIDED PROJECTS ➢ Independently handled tax audits of various Private Limited Companies, Partnership Firms, Societies, Trusts & Proprietary Concerns. ➢ Transmitted Internal/Concurrent Audits of various Government Units & Banks SCHOLASTICS
Intermediate for Loreto Convent College, 2001