Madhu Kumar

• Preparation of Credit Sanction request raised by calculating Avg Collection days, knowing creditability of the customer & providing required data for giving credit to customer & sending it for approval.
• Verification of credit worthiness of New customers by making analysis of their financial statement.
• Preparing DSO(Days Sales Outstanding) monthly & analysis thereof.
• Preparing monthly Average collection days & Average Payout days report for Management.
• Preparing weekly & monthly MIS of Accounts Receivable.
• Supporting Collection team weekly by circulating AR Report & make necessary adjustments as required in the books.
• Checking whether Accounts Receivable are covered with Insurance Risk.
• Preparing quarterly sales listing for insurance circulating to insurance agent & comparing against budgeted sales forecast done.
• Preparing the monthly provision for expenses for Sales Commission Expense & booking the same.
• Preparing the Provision for doubtful debts quarter & passing the entries for the same after the approval is taken from Management.
• Ensured timely and accurate month-end closing procedures, facilitating prompt financial reporting to stakeholders.
• Supporting Auditors during quarter end audit by providing required details such EMD schedule, AR Report & provision for doubtful debts, Sales commission schedule & other required details related.
• Executed vendor setup and payment, administration of bank accounts and account reconciliations.
• Preparing GST advance workings for monthly GST returns filing
• Assisted in the successful completion of audits, ensuring full compliance with regulatory requirements.
• Mentored junior finance team members, offering guidance on best practices and professional development opportunities.

• Exposure and experience as Individual, Team member and Team Leader in Statutory Audit, Tax Audit and Other Audits.
• Planning, executing, drafting of report, review of work done by other team members, discussion with the higher level management and finalization of reports in the following areas:

1. Statutory Audit

2. Tax Audit

3. Accounts Closure

• Supervise staff auditors by assigning them to jobs which match their abilities, reviewing their work and appraising their performance.
• Attending meetings with auditees to develop an understanding of business processes.
• Preparing reports to highlight issues and problems and distributing the reports to the relevant people.
• Advising clients for proper compliance of Indirect tax laws and Direct tax Laws.
• Identification of weakness/frauds/loopholes in the business operations.
• Preparation of Financial Statements on behalf of Client.
• Preparing the accounts in Tally ERP9 & maintain of records of same.