Tally ERP Prime
NILBIN MURATTUPOOVATHINKAL CHACKO
ACCOUNTANT
KANNUR,KERALA
Summary
Dynamic accountant with proven expertise at SKV JEWELLERY TRADING LLC, enhancing financial reporting accuracy through meticulous data analysis. Skilled in bank reconciliation and funds management, I successfully reduced expenses by negotiating vendor contracts. Adept at fostering relationships with auditors, I leverage strong time management to support strategic financial planning.
Overview
9
9
years of professional experience
3
3
Languages
Work History
Accountant
SKV Jewellery Trading LLC
10.2023 - Current
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Played key role in financial planning and analysis, contributing to company's long-term financial strategy.
- Improved budget forecasting accuracy with detailed variance analysis between actual and budgeted figures.
- Provided journal entries and performed accounting on accrual basis.
- Collected and reported monthly expense variances and explanations.
- Prepared working papers, reports and supporting documentation for audit findings.
- Maintained integrity of general ledger and chart of accounts.
- Tracked funds, prepared deposits and reconciled accounts.
- Diminished outstanding debts by analyzing accounts for issues.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
- Prepare costing files for diamond jewelry customers as per their Excel format.
- Analyze the diamond jewelry purchase and sales monthly and annually, and report to the management.
- Prepare the purchase format for diamond jewelry purchased from India and locally.
- Prepare the documents for export shipments of diamond jewelry and gold jewelry to other countries.
Accountant
REGAL JEWELLERY
03.2023 - 08.2023
- Post and process journal entries to ensure all business transactions are recorded.
- Conduct vendor and customer reconciliation by reconciling balances with the books of accounts.
- Reviewing expenses, payroll records, etc. As assigned.
- Update financial data in databases to ensure that information will be accurate and immediately available when needed.
- Support the head office in preparing daily, monthly, and annual reports/statements for the retail store; prepare MIS reports for the superiors to identify results, trends, and financial forecasts.
- Undertake statutory actions against compliance issues raised by the government and statutory bodies reported at the store, with the support of the head office.
- Reconcile the store invoice, GST, and lend support in return filing for auditors and the Head Office.
- Verify the Stock Register in the store during the closing procedure by confirming with the Sales Team on a daily basis.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Reduced outstanding accounts receivable by developing and enforcing stricter credit control policies.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Trained new employees on accounting principles and company procedures.
Junior Accountant
Malabar Gold & Diamonds
03.2020 - 03.2023
- Post and process journal entries to ensure all business transactions are recorded.
- Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
- Assisted with preparation of monthly financial statements.
- Reconciled month-end totals for timely and accurate reporting of financial information.
- Conduct vendor and customer reconciliation by reconciling balances with the books of accounts in the ERP software.
- Assist in the processing of balance sheets, income statements, and other financial statements according to legal and company accounting, and financial guidelines.
- Support RO and HQ in preparing daily, monthly, and annual reports/statements for the Retail Store; prepare MIS reports for the superiors to identify results, trends, and financial forecasts.
- Prepare business review-related reports, and attend review meetings with the management team.
- Verify the Stock Register in the store during the closing procedure by confirming with the Sales Team on a daily basis.
- Reconcile the store invoice, GST, and lend support in return filing for auditors/MHQ.
Junior Accountant
Malabar Gold & Diamonds
05.2017 - 06.2019
- Post and process journal entries to ensure all business transactions are recorded.
- Update accounts receivable, and issue invoices.
- Update accounts payable and receivable, and perform reconciliations.
- Assist in the processing of balance sheets, income statements, and other financial statements according to legal and company accounting, and financial guidelines.
- Assist with reviewing expenses, payroll records, etc. As assigned.
- Update financial data in databases to ensure that information will be accurate and immediately available when needed.
- Assist senior accountants in the preparation of monthly and yearly closings.
- Undertake statutory actions against compliance raised by the government and statutory bodies reported at the store, with the support of the RO office.
- Reconcile the store invoice, GST, and lend support in return filing for auditors/MHQ.
- Verify the Stock Register in the store during the closing procedure by confirming with the Sales Team on a daily basis.
Education
Bachelor of Commerce - Commerce
DEVAMATHA ARTS & SCIENCE COLLEGE
KANNUR, KERALA, INDIA 04.2001 -
Skills
Bookkeeping
Time management
Data inputting
Financial reporting
Bank reconciliation
Cash flow analysis
Funds management
Account reconciliation
Payroll administration
General ledger accounting
Statutory reporting
ERP systems proficiency
Microsoft Excel, Word, Power point etc
Software
Microsoft Dynamics 365
Timeline
Accountant
SKV Jewellery Trading LLC
10.2023 - Current
Accountant
REGAL JEWELLERY
03.2023 - 08.2023
Junior Accountant
Malabar Gold & Diamonds
03.2020 - 03.2023
Junior Accountant
Malabar Gold & Diamonds
05.2017 - 06.2019
Bachelor of Commerce - Commerce
DEVAMATHA ARTS & SCIENCE COLLEGE
04.2001 -