Finance Manager
COMAT INDUSTRIES LLC
Total des années d'expérience :18 years, 9 Mois
Over all in charge of the company’s Finance & Accounts matters and supervise and manage the entire
department. Job includes:
Preparation of monthly Profit & Loss statement for management analysis
Preparation and approval of monthly salaries and annual leave benefits for all employees.
Monitoring and supervising sales collections.
Export /Import LC opening and negotiation of documents without discrepancy.
LC/TR/PDC/Invoice authorized signatory with complete analysis and tracking of data.
Monitor approved sales budgets against actual spending.
Audit all Capital Expenditure budget against actual.
Audit and administer Company’s credit policy i.e. approving credit limits (up to a given amount limit) etc.
Audit and approval of costing and ensure profitability of orders.
Joint signatory for bank letters pertaining to payments, transfers, facilities, loans etc. Jointly cheque signatory for all payments towards payroll, materials, services and expenses for whole company.
To provide all necessary information required by financial institutions for the granting of facilities.
Update management on all findings pertaining to the profit/loss of the company.
Ensure proper adherence of Inventory management for both Raw materials and finished goods.
Liaison with company external auditor’s in preparation and finalization of yearly financials.
Prepare monthly cash flow analysis.
Update management on weekly basis on sales collection and highlight delays and bad debts in any.
Aging report of all debtors and creditors on a monthly basis to be brought to the management attention.
Supervise and coordinate on the implementation of company ERP System and overall IT management.
☆Preparation and filing VAT
Audit and control of company Inventory, which includes Fixed Assets, raw materials and finished goods.
Conduct Internal audits in all departments on a monthly basis and if required as and when required.
Monitor price fluctuation in all purchasing done by the company.
Ensure competent staffing in the department.
Adhere to all quality standards and processes, for the acquisition of customers, opportunities and submission of tender and contract documents.
Coordination/meetings on stores issues.
Evaluate performance by place through the audit reports
To coordinate with HR on all legal and governmental issues.
Attend training courses as and when required.
To protect and safeguard the interests of the Company whenever and wherever these arise.
Handling individually complete banking facilities with Mashreq bank, ENBD, Emirates Islamic Bank, FGB, NBAD, CBI, RAK Bank. and other private financial institutions.
To attend any other duties which management may require from time to time.
Attend and make PR visits (e.g. Chamber of Commerce, Municipality, President’s Private Department, etc.) for COMAT.
Organization: JAYAKUMAR, GEORGE & ASSOCIATES CHARTERED ACCOUNTANTS (2005 - 31 AUG 2013)
Designation: Manager cum Accounts Officer
Reporting to: Managing Partner
Duties & Responsibilities: Accounts Finalization
• Preparation of TB, BRS, P&L Account and Balance Sheet
• Preparation of Cash Flow Statement and fund Flow Statement
• Analysis and Interpretation of Financial Results
• Reporting accounting and financial reports to top level management
Accounts Support
• Cash Management
• Data Entry and maintenance of Ledger accounts
• Filing of Vouchers and its Supporting Documents
• Preparation of Bills
• Follow up of Debtors
• Sanctioning of Loans from financial institutions
• Preparation of Monthly Reports and MIS reports
• Capital Budgeting for procurement of loan
• Preparation and filing of Service Tax, Income Tax, VAT, Sales Tax, Filing of Tax Returns, Deduction and Payment of Tax at Source etc
Internal Audit
• Vouching and Verification
• Cross Checking of Transactions
• Verification of Authenticity and genuineness of Transactions
• Analysis of Incomes and Expenditures
• Reconciliation of Inter Branch/ Department Transactions
• Designing and Establishment of Internal Control Systems and its analysis
• Reporting to management for decision making.
Key Skills & Competencies
• Knowledge of aged debt analysis & fixed asset register.
• Ability to interpret and communicate financial data to non-financial managers.
• Experience of maintaining computerized accounting software.
• Experience of invoicing, payments, credit control and payroll.
• Advising on the financial implications and consequences of business decisions.
• Motivated and driven to achieve through hard work and determination.
• Comfortable when dealing with important external clients and senior colleagues.
• Strong analytical skills.
• Measuring financial risks and then developing and implementing strategies to minimize that risk.
Master of Commerce - Finance & Marketing (M.Com) From Madurai Kamaraj University
Master of Business Administration (Finance & Marketing) from M.G. University
Bachelor of Commerce Degree -Co-operation (B.Com) From University of Calicut
