Assistant Manager
Fanar Al Khaleej
مجموع سنوات الخبرة :23 years, 0 أشهر
Key Result Areas:
• Spearheading financial operations and evaluating organization’s financial performance; conducting financial analysis, developing financial planning processes and structuring & implementing overall commercial plans
• Administering overall accounting operations, audits (Statutory Audit, Internal Audit & Tax Audit) and internal & regulatory reporting for the organization
• Monitoring cash flows, controlling working capital funds, maintaining oversight on AR & AP functions of the company
• Driving P&L functions and leading budget planning process with emphasis on providing reliability in services, reducing costs, improving gross margins, revenue earning capacity and profitability
• Understanding new changes in existing business, analyzing impact thereof on financials and suggesting accounting treatment
• Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions
• Heading the business forecasting & financial modelling to help short-term and long-term planning of the organization; administering the generation of financial forecasts and business plans based on analysis
• Designing & implementing systems, policies & procedures to facilitate internal financial and process controls
• Executing the tasks related to budget preparation, forecasting revenue & expenses for pricing and developing proposal for new prospects
• Monitoring the inventory stock to ensure minimum inventory availability in warehouses and ultimately improve cash flow and reduce the holding costs
• Steering the formulation and disbursement of the payroll to entire groups as per the WPS system
• Implementing and documenting record keeping, accounting process and accounting packages to manage accounting system
• Contributing in trade finance operations with focus on validating documents and ensuring pre transaction regulatory and non-regulatory requirements are fulfilled
• Managing a team of various trade related products like letter of credit, bank guarantee, import & exports bills under LC and collection, discounting and others
• Ensuring the existence of adequate and robust guidelines, processes and controls to ensure compliance with applicable rules and regulations; leveraging professional direction/advice on all trade finance related matters within the bank
• Mentoring, motivating & monitoring team’s performance to ensure efficiency in process operations
Key Result Areas:
• Devised & implemented accounts consolidation, financial policies, systems, and procedures/guidelines to ensure smooth cash flow and streamline budgets
• Planned, organized and performed the accounting & financial functions, process control & functional supports in accordance with corporate requirements
• Performed complex reconciliations between sub-ledgers and general ledger including resolving or recommending action
• Steered the fund's transfer, including bank reconciliation, while coordinating with the banks
• Managed end-to-end Payroll system as well as accounts receivable/payable, including reconciling the account & maintain age-wise billing track of receivables & schedule allocation for payables
• Published monthly depreciation & amortization schedules and journal entries for fixed assets and capital leases
• Conducted month-end and YTD variance analysis versus the yearly budget; prepared and managed the cash flow, fund flow, job costing, final accounts, and MIS reports
• Led functions such as Income tax/e-TDS/Service tax/PF/ESIC to meet statutory compliance; interacted with internal and external auditors in completing audits
Key Result Areas:
• Led the Chennai branch office with accounting & administrative activities; participated in monthly review meetings with the sales management team to execute the budgeting, forecasting & MIS reports as required by the management
• Interfaced with the dealers and agents for market strategies with sales staffs in profit center management
• Drove the entire inventory, including monitoring the inventory control, reconciling variances, and planning on stocks for monthly requirements
• Created reporting the daily and monthly reports and disbursement list, including cash accounts, to the corporate office for review and approval
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