Muthuraja G
Finance & Accounts
Chennai,Tamilnadu
Summary
With over 10 years of experience in finance and accounts, this output-driven professional seeks higher responsibilities to leverage dedication, teamwork, innovative thinking, and continuous learning. Throughout their career, they have successfully managed core accounting functions, including finance internal controls and auditing. Their proven ability to adapt rapidly to new technologies has led to excellence in utilizing MS Office and a broad range of accounting software and supporting tools. As an effective communicator, they thrive in analytical thinking, problem-solving, and organizational abilities. Proactive manager with demonstrated leadership abilities, strategic planning expertise and problem-solving acumen. Assists senior managers with accomplishing demanding targets by encouraging staff and coordinating resources. Methodical and well-organized in optimizing coverage to meet operational demands. Encouraging manager and analytical problem-solver with talents for team building, leading and motivating, as well as excellent customer relations aptitude and relationship-building skills. Proficient in using independent decision-making skills and sound judgment to positively impact company success. Dedicated to applying training, monitoring and morale-building abilities to enhance employee engagement and boost performance.
Overview
10
10
years of professional experience
Work History
Senior Executive – Finance & Accounts
Wittur Elevator Components India Pvt Ltd.
6 2023 - Current
- Invoices and Other records to maintain organized and accurate records, reviewed reconciled discrepancies in accounts and financial documentation
- Monitor Sale Order Creation, Delivery Creation, Invoicing and Collections on daily basis
- Invoices and Other records to maintain organized and accurate records
- Processed payroll and reviewed employee liability balances in support of HR objectives
- Collaborated with accounting associates to improve reconciliation processes
- Completed detailed income and expenditure projections through close analyses of overhead, operational and labor costs, as well as revenue and general expenses trends
- Gained accounting efficiency and improved documentation coordination through development of optimal journal entry schedules
- Reviewed AP General ledger entries and deposits for contract compliance
- Reviewed reconciled discrepancies in accounts and financial documentation
- Managed financial operations, Month-end reporting, financial schedules and reconciliations
- Improved year-end inventory audit process to increase accuracy
- Supported budget administration with detailed expense analyses and report reviews
- Monitored and tracked expenses to keep business on track with financial targets
- Established a strong working relationship with Internal and External stake holders
- Supervise accounts receivable office personnel, which include work allocation, training, and problem resolution, evaluate performance, and make recommendations
- Guidance to team members and monitor daily task such as Order booking, Pending Orders, Sales, Collection & Receivable as on the day, Cash Applications & Accounts Reconciliation
- Knowledge in Receivable Discounting & Trade Credit Insurance product which will help for better Cash flow before Sale invoice get paid
- Knowledge on Domestic LC backed bill negotiation and get payment of the bill value before due date
- Liaise with other departments to resolve customer issues
- Monitor and update customer credit limits and days
- Successfully implemented controls in ERP if credit limit fully exhausted
- Suggestion to Sales team with Action plan to achieve Target DSO
- Ensure Target DSO is achieved if not list out the Gaps with reason to Finance Head
- Circulate monthly report with regards actual DSO achieved respective month
- Drive Initiative to clean AR books on monthly basis
- Discuss with Sales Team on Payment terms before signing off the contracts
- Setting-up Credit Limits to Customers based on Third Party Credit Assessment
- Review the Credit Limit as per Credit policy and do Increase and Decrease the credit limits as per Credit Limit approval matrix
- Supervise Accounts receivable function is running effectively with regards to Billing, Receipts accounting and report generation on daily basis
- Submission of Triplicate copies of ARE 1 to Excise range on Monthly basis
- Raising Debit and Credit notes to customers
- Sending the SOA reports to Interco on Monthly basis and Sales Reconciliation Statement to the Management on Monthly basis
- Take initiative to obtain Bank Realization Certificates from Bank and reconcile the Interco statement on Monthly basis
- Accounting Forex remittance on receipt from Interco and interfacing with Bank to collect Foreign Inward Remittance Certificates
- Oversee the operations of the Business partner billing, accounts receivable follow-up with Key Customers by sending mails, Calls, customer visit along with service manager if needed
- Review Customer master on monthly basis
- Managed customer accounts by ensuring any issues and queries were dealt with immediately and resolved quickly and ensured no payment delays
- Responsible for reconciliation of all Customer ledger
- Responsible for analysis of provision working for Bad debts & Warranty expenses
- Work with Auditors for Statutory and Group audits
- (Such as Balance confirmation closure, Sales-Cut-off workings, Annual GSTR 1 recon, Schedules analysis, Sales Cut-off Samples, Internal control Samples, Sales Samples, etc.
Senior Exe & Asst Manager - Finance & Accounts
Stanley Engineered Fastening India Pvt Ltd.
05.2014 - 06.2023
- Ensure all expenses bills are booked as per PO
- PO Vs Invoice mismatch discrepancy matters shall take into process owners and take corrective actions to account the invoice
- Reviewed vendor invoices and expenses reports, identifying discrepancies
- Follow proper GL accounting codes which are relevant to expense category and follow the tax procedure with reference to subject vendors
- Reviewing all GL accounts and transferring wrong expenses to appropriate GL accounts
- Review invoices for appropriate documentation prior to payment
- Making RTGS/NEFT payments to suppliers, contractors, and employees
- Arranging import payment with proper documents (A2, 15CA & 15CB)
- Making month end journal entries in SAP system for accrual expenses, prepaid expenses, depreciation and cost center wise compare with previous month cost
- Reviewed AP General ledger entries and deposits for contract compliance
- Ensure provision entries has been considered before books of account closing
- Managing bank reconciliation and funds position on weekly/ monthly basis
- Coordinate with Bank to close IDPMS and EDPMS reports timely
- Responsible for handling vendor/Customer/Intercompany reconciliation on monthly basis
- Responsible for preparation of BRS for all bank accounts monthly
- Assist to Finance Controller during month closing activities
- Managed financial operations, Month-end reporting, financial schedules and reconciliations
- Prepared P&L report for review by Management
- Completed year-end closing processes with controllers and external auditors
- Follow-up with Sales Managers for B2B collection outstanding
- Prepare and analysis of Trade Collection MIS on monthly basis
- Customer and Vendor Account Reconciliation
- Assist with provision of statistical /management/ financial information/reports as required
- Supervising the collection of LR copies from various Transporters and Quality Documents collection from internal FG team it is intended to be submitted to our customers
- To ensure that Cheque/RTGS receipts are accounted on Daily basis in SAP
- Follow-up with Sales managers daily for unaccounted receipts
- Responsible for updating the Collection reports being sent to the management daily
- Review of Monthly Collection Plan vs Actual Collection
- Ensure that the activities of the billing operations are following Statutory requirements
- Manage Month End Closing, Quarter End Closing and Year End Closing
- Instruct accounts team for adjusting journal entries during the Bank Reconciliation
- Customer and Business partner account reconciliation on monthly basis
- Oversee Yearly Business Partner Stock Physical counting process along with auditor and Service Leaders
- Submission of LC documents to bank to get collection from applicant bank and replying their queries related to discrepancies if any
- Managed accounts payable, accounts receivable, bank reconciliation and payroll function
- Prepared schedules for auditing at year-end
- Work with Auditors for Statutory and Group audits
- (Such as Balance confirmation closure, Schedules analysis, Internal control Samples, Sales Samples, etc.
Education
MBA - Finance & Marketing
Vins Christian College of Engineering
Nagercoil 06.2010 - 01.2012
Bachelor of Science -
S. Vellaisamy Nadar College,
Madurai 04.2024 - 03.2010
Skills
Accounts Payable
Accounts Receivable
GL Accounts
Reporting
Data Management
Taxation
Team Handling
Audit Support
MS Office Suite (Word, Excel & PowerPoint)
SAP(Fico) and Infor LN
Power BI
Personal Information
- Date of Birth: 04/20/89
- Nationality: Indian
- Marital Status: Married
Languages
Tamil
English
Professional Enhancements
- Has completed 24 Hours of GST course from Outsource.
- Has completed 24 Hours of training on Power BI tool.
- Has completed 10 hours of training on MySQL.
Disclaimer
I HEREBY DECLARE THAT THE ABOVE INFORMATION FURNISHED ABOVE IS TRUE TO THE BEST OF MY KNOWLEDGE.
Timeline
Bachelor of Science -
S. Vellaisamy Nadar College,
04.2024 - 03.2010
Senior Exe & Asst Manager - Finance & Accounts
Stanley Engineered Fastening India Pvt Ltd.
05.2014 - 06.2023
MBA - Finance & Marketing
Vins Christian College of Engineering
06.2010 - 01.2012
Senior Executive – Finance & Accounts
Wittur Elevator Components India Pvt Ltd.
6 2023 - Current
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