Co-ordinate with invoicing in charge for ensuring the timely submission of invoices.
Monitoring all customer accounts to ensure that they are up to date and correct.
Monitoring customer follow up with ageing analysis report.
Managing the receivables competently to avoid bad debts by initiating appropriate action.
Preparation of monthly status report of receivables and collection schedules.
Solving customer grievances and disputes.
Support the sales executives with statement of account and supporting documents to speed up collection process.
Co-ordinate with General Manager for transactions related to Suppliers and Group Co. accounts.
Alerting concerned Sales Executive in case of customer default and directing them to withhold services of defaulting customers.
Responsible for timely identification of potential bad accounts and referring the doubtful debts to the legal department.
To verify the vendor invoices with our LPO placed and also with goods received voucher than posting the invoice in the system.
Verifies that expenditures follow the policies of the Company for purchasing and ensures that expenditures are recorded against the appropriate accounts and follow generally accepted accounting principles.
To prepare creditors ageing and reconcile with their statement of accounts every month end before issuing check.
To verify that adequate funds are available for payments and may schedule the issuance of accounts payable checks.
Reviews detailed monthly expenditures reports for each department, prepares adjusting entries as required and audits reports for coding errors and duplicate payments.
Preparing Telegraphic transfer and Issuing Letter of credit for overseas purchases.
To prepare prepaid expense entry and also the accrual entry on monthly basis.
Reconciles different bank accounts before month end and create appropriate journal entries to balance books against bank statements.
Maintaining relations with banks with focus ensuring adequate protection of company funds, proper transfers etc.
Prepare Letter of Credit, Trust Receipt, LBD, Factoring etc.
Prepare the monthly Notes payable Scheduled and reconcile with ledger account
Supervise petty cash expenses of the factory and office.
Account / VAT / MIS
Ensure that VAT returns are filed periodically in compliance with the law and corresponding regulations.
Review Accounts receivables (AR), Accounts payable (AP) and General ledger (GL) to ensure that accounting of transactions is done in accordance with the VAT law and corresponding regulations.
Regular review of the cash flow and bank facilities and coordinate with finance manager for processing VAT payments to FTA.
To prepare monthly overtime calculation of workers and to prepare salary and wages in WPS system.
Managing overall accounting activities including preparation of monthly Financial Statements, Balance Sheet, Profit & Loss Statements, Inventory Report and Plant & Machinery Expenses analysis report for review with the Management.
Formulating & preparing MIS and variance analysis for accounts related report & monitoring movement of key business indicators to facilitate decision-making.
Analyzes financial information detailing assets, liabilities, and capital.
Coordinating with the auditors, review audit reports, and requesting corrections wherever necessary.
Prepare the audit schedule and bank confirmation letter.
Maintain and update the fixed assets records in order to exercise effective control of the assets of the company and to charge depreciation monthly basis.
To conduct physical verification of all movable and fixed assets at various location on a regular basis.
To comply with statutory requirement/audit recommendation regarding physical verification of assets.