AJITH KUMAR

• Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
• Trained new and existing staff members in various financial procedures to prepare for job requirements.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Created organizational structures to improve accounting and finance functions.
• AR & AP, Payroll, Vendor management Supervision, Statutory Accounts & GST Documentation. Management Reporting.
• Drove revenue stream development through strategic collaboration and partnerships.

Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
Managed regular finance tracking for numerous branch offices and headquarters expenses, PF, Incentive & Bonus calculation and distribution support.
Reviewed accounts on monthly basis to assess aging and pursue collection of funds (AR).
Produced month-end closing reports and provided actionable suggestions on remittance for quick resolution (AP).
Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
Executed vendor setup and payment, administration of bank accounts and account reconciliations.
Investigated payroll variances and employee claims to resolve discrepancies and balance financial records.
Letter of credit preparation / TT swift opening.
nventory Management-Keeping record of daily import on department basis, Exchange rate booking with banks.
Approval for stock taking to the concerned department after verifying Import documents.
Shipping documents evaluation and customs duty refund taking up for the export Units.
Performed calculations in overtime, vacation and sick hours to provide accurate data to payroll processing database.
Smart card reconciliation with Bank statement.

Created organizational structures to improve accounting and finance functions.

Generated financial statements and reports detailing accounts receivable status.
Entered invoices requiring payment and disbursed amounts via cheque, electronic transfer or bank draft.
Tracking of customs duty payment for each shipment clearance and updating the statement.
Reconciled health care benefits, tax contributions and retirement accounts to facilitate large-scale account reconciliations.
Performed calculations in overtime, vacation and sick hours to provide accurate data to payroll processing database.

Produced payroll activities documentation and reports to meet corporate guidelines and promote transparency.
Consignment clearance transportation charges calculation and payment based on Invoice.
Account Payable& receivable transaction
Imported units Landed Cost Analysis and Exchange rate booking for the units.
Aged Stock report preparation.
VIS, MIS Reports to the Management.
Department Margin Calculation.