Finance Controller
Techno Engineering Services
01 March 2007 —
21 March 2013
•Providing financial & business leadership, strategic consultation to MD & CFO and guidance on financial issues affecting costs, operational performance & profitability of the organization
•Establishing Cost Centre and Profit Centre based Accounting Systems in in-house built software
•Monitored overall accounting process for overseas entities, quarterly balance sheet reconciliations, reconciliation for retained earnings and reconciliations of vendor, customer, tax accounts, inter-company & inter-division accounts
•Liaising with bankers for setting borrowing limits & interest rates; monitored CAPEX and fund flow
•Monitoring preparation of board reports and global country performance presentations, that summarized & forecasted the organization’s financial position for maximizing profits & ROI
•Facilitating the smooth execution of all legal contracts & financial covenants
•Preparing & presenting weekly and monthly management reports on cost & benefit analysis, productivity analysis, inventory turnover analysis and cost variance analysis
•Reviewing financial results; undertaking a year-on-year and quarterly comparison of company performance both in terms of the top line and bottom line
•Tracking Balance Sheet accounts and Profit & Loss accounts at the unit level; ensuring the integrity of all reported financial statements
•Investigating, and correcting errors & inconsistencies in financial entries & documents that led to transparency in reporting to internal and external stakeholders
•Conducting the finalization of the balance sheet, debtors and supplier control and controlling daily income and expenses
•Leading planning & execution of monthly/quarterly/annual closure schedules, delivering monthly financial statements and monitoring monthly closing process
•Developing and maintaining operational systems for all finance & accounting functions
•Planning and performing statutory audit engagements for existing as well as new clients
•Ascertaining successful closure of General Ledger post-re-classification & accounting of wrong or unaccounted entries
•Delivering strong corporate governance framework that ensured compliance with statutory obligations; assessed internal controls and improved existing processes to strengthen internal controlsFormulating reconciliation of general ledger balances against sub-ledger balances in line with timeline specifications; managing the reconciliation of credit, cash sales, and deposits
•Leading the accounts payable & receivable transactions and ensuring the same are properly accounted for
•Working with the Finance Controller in the preparation of annual budgets, monthly forecasts, and strategic plans.
Providing support to colleagues and departments to implement internal controls.