Firdous Malik Shaik

• Streamlined financial processes by implementing efficient accounting software and systems.
• Assisted in the preparation of annual budgets, aligning financial resources with organizational objectives.
• Enhanced budget management by closely monitoring expenses and identifying cost-saving measures.
• Reduced outstanding accounts receivable balances through diligent follow-up on overdue payments.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations
• Executed vendor setup and payment, administration of bank accounts and account reconciliations
• Analyzed business processes to identify cost savings and operational efficiencies
• Prepared monthly journal entries and reconciliations.
• Reconciled accounts and created documents for monthly closure procedures.
• Reviewed documents and accounts for discrepancies and resolved variances.
• Reconciled balance sheets and streamlined best practices for balance sheet processes.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Updated general ledger with latest entries.
• Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
• Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
• Provided journal entries and performed accounting on accrual basis.
• Effectively managing taxation matters covering GST, TDS, PF, ESI, and PT.
• All agreements to be standardized in terms of purchase of negotiated rates finalized.
• Verification of Salary Statement and Stock Statement.
• Opening and closing of Letter of credit and submission of Documents to bank.
• Opening and closing of Purchase bill discounting and submission of Documents to bank.
• Following up with bank for channel finance along with supplier.
• Monthly inventory report and elimination report
• Month DC Upload template Pertaining to sales.
• Monthly sales Margin analysis Product wise report.
• Monthly treasury report.
• Sox compliance with backup evidence.
• Sox control set with backup evidence.
• Flux Reports

General Accounts and Audit

• Monitoring cash flow of the unit to review the cash position and forecast funds required for numerous expenses.
• Taking adequate measures to ensure timely receipt of payments. Managing funds &disbursement of funds thereby monitoring accessories purchase.
• Responsible for the creditors, income accounting, debtors and banking operations of the company
• Effectively managing taxation matters covering GST, TDS, PF, ESI, and PT.
• Timely completion of external / internal audits with personal accountability for the implementation of agreed audit points.

Accounts Payables

• Verification of Domestic and imports bills before entering in books.
• Keeping track of payables, Responsible to make the supplier payments after verification of concerned departments.
• Maintain the Cash & Credit Purchases and Settle their accounts.
• Receive invoices or bills from vendors, get them sanctioned and arrange for payments through cheque or bank transfers.
• Investigate & reconcile banking discrepancies when they occur reviewing & examining of all Invoices for accuracy & completeness, verifying documentation and approval prior to payment
• Handle all Vendor enquiries, Review & Reconcile Supplier statements.

Accounts Receivables

• Evaluation and monitoring credit policy and procedures and conducting monthly credit meeting
• Verify Customer balances and rectify discrepancies in accounts receivable books.
• Analysis of ageing wise outstanding and quick collection process by strict follow up as per the systems.
• Proper allocation and transfer of fund to inter-companies and inter-branches for the centralized receivables across the branches.
• Reconciliation of Receivables with Debtors Books of Accounts
• Prepare the outstanding statement on fortnight basis.

General Accounts and Audit

• Monitoring cash flow of the unit to review the cash position and forecast funds required for numerous expenses.
• Taking adequate measures to ensure timely receipt of payments. Managing funds &disbursement of funds thereby monitoring accessories purchase.
• Responsible for the creditors, income accounting, debtors and banking operations of the company
• Effectively managing taxation matters covering GST, TDS, PF, ESI, and PT.
• Timely completion of external / internal audits with personal accountability for the implementation of agreed audit points.

Accounts Payables

• Verification of Domestic and imports bills before entering in books.
• Keeping track of payables, Responsible to make the supplier payments after verification of concerned departments.
• Maintain the Cash & Credit Purchases and Settle their accounts.
• Receive invoices or bills from vendors, get them sanctioned and arrange for payments through cheque or bank transfers.
• Investigate & reconcile banking discrepancies when they occur reviewing & examining of all Invoices for accuracy & completeness, verifying documentation and approval prior to payment
• Handle all Vendor enquiries, Review & Reconcile Supplier statements.

Accounts Receivables

• Evaluation and monitoring credit policy and procedures and conducting monthly credit meeting
• Verify Customer balances and rectify discrepancies in accounts receivable books.
• Analysis of ageing wise outstanding and quick collection process by strict follow up as per the systems.
• Proper allocation and transfer of fund to inter-companies and inter-branches for the centralized receivables across the branches.
• Reconciliation of Receivables with Debtors Books of Accounts
• Prepare the outstanding statement on fortnight basis.