Working Experience & Major Activities Present & Previous Role & Assignments:
Banking & Cash Management
v Adept at required financial procedures, internal financial controls for profit monitoring i.e. end-use of proper working capital limits and asset management for both working capital (CC limit) and term loan accounts. Non-fund based credits like LC/BG. Ensuring that timely payments are made to / received from creditors / debtors. Liaising with Banks for collections & remittances. Preparing periodical cash flow statements, bank reconciliation statements and scrutinizing ledgers.
Administrative Functions of AR’s/AP’s & Credit Control Functions incl Audit-Liaising & MIS
v Handling the day to day transactions of Data Entry in accounting software correctly captured and all income/expenses at the end of the month are accounted for properly viz. admin bills, project bills, revenue, other expenses and provisions. such as Salary, MSEB, Water Bill, Telephone Bills, Transportation & Octroi (logistics) payments, Purchase Journal Data Entry with supporting Material Receipt Note, and Debit/ Credit Note, Journal TDS, Undertaking planning of Government Dues Sales Tax, Income Tax, TDS, TCS, ESIC, PF, Profession Tax. eTDS returns filing, Profession Tax & Net Customs Duty (after SAD) refund with respect to concern customs house. Compiling the various statements required as a part of payment of taxes and other statutory dues like Custom Duty refund with respect to concern customs house.
v Goods verification physically lying at company premises & taking necessary actions for deviations. Group reporting to the associate company, executing quantitative reconciliation and reporting the inventory ageing. Valuating month-end wise closing stock with forex rates dividing both local purchase materials and import purchases stock materials. Adeptness in providing information to corporate office for fund transfer processing of supplier/vendor payments while adhering to the SLA within TAT so that SCM (Supply Chain Management) will not face out any problems of stocks which ultimately result in maintaining the stock inventory with minimum level & sale growth to the maximum vis-à-vis increase the volume of business marginally. Thereafter, managing the vendor accounts and sanctioning for Cheques on demand.
v Prepare reconciling Customers-List accounts receivables follow-up marketing executives after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control and collections of payments with respect to maintaining accurate optimum balance and timely reconciling the balance.
v Adept in verifying amortisation schedules from non-banking financial companies including compliance of prudential norms and reporting on the same like maturities of long-term in current liabilities etc.
v Coordinating with the external Tax Consultant on all taxation related routine matters like details of C form related data / way bills books & Online Application for C Form Issued & Submission of C Forms
v Performing provisional balance sheet preparation for bankers etc along with supported reciprocal trial balances of all the sister concerns in communication and co-ordinating with CA, Submission and filing of E-TDS return. Issues relating to TDS & TCS Certificate, Form 16, Professional Fees, Sales Commission, Salary.
ü Having an overall experience of 8 + yrs of experience in Accounts/Finance/Audit/Taxation.
ü To file VAT 200 monthly sales tax return filing and organizing to upload CST-WayBills in www.apcommercialtaxes.gov.in – NOW - www.apct.gov.in & e-TDS in Taxmann Software with subsequent filing & checking in TRACES.
ü Handling team of 4 accounts dept. Preparing monthly/daily MIS reports sending to R.O.
ü Verifying of all transactions like Cash, Bank, Sales, Purchase & Journal Vouchers etc.
ü Accounting of Bills Payables & Bills Receivables. Accounting of Financial accounts like Cash credit A/C, Attending day-to-day Bank works. I-T filing of staff & directors & Company.
ü MIS Well versed with SAP; Traces; Etds software and filing of quarterly eTDS Returns & DMS / TDMS etc as per the management requirements the periodical reports (monthly/ quarterly / half-yearly / yearly ) in related to sales; purchase; stock; profitability statements; FIFO stock.
General Experiences on:.
Bank:CC-OD-NPA-QIS-MSOD-Consortium limits-Inventory Fund
Bank Intt for CC,OD,TL,PC,BP,BG
Bank Intt on SB,Deposits-
Traces TDS Compliance filing of 26Q & 24Q quarterly
Ramco erp & Nawara ,SAP R/3-Ehp6.0 & Projects
eTDS -TDS Traces (ETds Taxmann FVU version
5.41 & 4.10
Andhra Pradesh (AP), India