Manager Power Plant

M. Krishnamoorthy +919*********

********************@*****.***

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skype id muthuvel.krishnamoorthy

** ***** ** ***** ***** experience in Balance sheet preparation, Income tax on companies, Treasury Management, Asset management, Budget preparation,ERP, Data base Administrator, Accounts finalization

Synopsis

Ö Accounts Officer in Thiagarajar Mills P.Ltd., Kappalur, Madurai, Tamilnadu, India. Ö Negotiated and Managed funds flow Worth Rs. 250 Million from both locally and internationally for production of Yarn

Ö M.COM, CWA (Inter), MCA

Ö Experienced with analytical techniques to define and solve complex problems. Originate and develop new ideas and concepts in order to create unique and alternative solutions to SCM problems Core Competencies

Strategic analytical Ramco ERP techniques Planning/ Marshall AR to Forecasting define module and invoked solve complex in the year problems. 2004 and Originate maintained and develop online database new ideas with 1000 customers for yarn and cotton testing lab and developed a report on Service tax remittance report,

Online MIS General Ledger maintained and with GL module can get the report at any time for a suppliers and liasion with them for price reduction and performance of remittance in 12 days time frame from the receipt of goods to cheque in the hands of supplier on 12th day

instant. Profit Liaison Maximization with Government / Expense officials in Control an occasion of once in 2 years of special audit for Sales tax and

Maintain providing a the fixed relevant asset records register and and solving inform their the relevant questions cost with of relevant asset at answers the time to of them disposal instantly. of assets

Liasion with accurate with Bank cost officials assessment for current and profit working or loss capital thereof and on preparation scrap value of of projected an asset. balance sheet for 3

years Maintained the Transit Insurance premium payable on the goods delivered from factory upto the point of Sales, the register for Medi claim with calculation of Management contribution and own contribution from employees, and Insurance renewal for all assets in the company in timely manner and liasion with them for getting maximum discounted premium offer upto 90% with United India Insurance corporation with 75%share and Royal Sundaram Insurance Corporation with 25% sh.

Quality Ensuring Devising Assurance compliance system and with process standards changes & continuous for qualitative improvement improvement in process in productivity capabilities. and for reducing

the Investigation rate of defectives of root cause / rework. by applying standard quality tools, DMAIC techniques etc, devising and ensure implementation of appropriate corrections and corrective actions for Product / system failures. Resource Developing, Management managing and monitoring the performance of multi-skilled work force and

conceptualizing Material planning need-and based developing/training negotiating programs vendors for performing for obtaining operations. timely procurement of materials at favourable terms to ensure smooth execution of projects. Auditing Preparing / Training plans / schedules, business case sheets.

Managing Carried out cross various functional audits at teams manufacturing to drive deployment unit, suppliers, of audits. outsourcing units. Career Credentials

Thiagarajar Mills

P.Ltd.,

(18 Years)

Madurai

Accounts Officer

Financial accounting

Madurai

Ensure continual

improvement by lean /

six sigma initiatives.

Service Performance

dashboards.,PSURYHG 32Q WLPH 9HQGRU

payment performance from

WR ́

* Asset Management, Service

taxImproved Utilization from

40% to 85%

VVD & Sons

(3 Yrs)

Manager -

Accounts

Tuticorin

Ensure Product /

Process quality.

MR for ISO 9001

Finance management, planning

and implementation of new

ideas in captive production of

activaed carbon a byproduct

from the waste of Cocount in

the main business of oil

production

Rajan

Associates

1 Yr)

Auditor

Mumbai

Establish line efficiency

Ensure

Train and Groom team

* Played a vital role in

Statutory and Tax auditor for

Semi Government companies

M/s. Hindustan Organic

Chemicals, Rasayani, Mumbai

1989-1991

*Played a vital role as an

Statutory and Tax auditor of

General Insurance Corporation

Investment division and

Aviation Insurance Claims

Ö Ö Ö Ö Trainings 200*-****-**** 2008 ISO in in Training / house house Workshops implementation on Training Training 5 S rules on SYBASE course MS and Office implementation Training attended by M/by s. through M/NIIT, s. in NIIT the through Company, work through Company sponsorship Company sponsorship Sponsorship Academic Credentials

2010 MCA IGNOU, New Delhi

1996 CWA inter Kolkata

1992 Ö Project Submitted MCOM for MCA final year in PAYROLL SYSTEM using VB and Madurai SQL with Kamaraj real time University data of 2500 employees and workers of M/s. Thiagarajar Mills P.Ltd.,and Thiagarjar College of Engineering staffs attendence programme using asp.net and sql

Computer Proficiency

Expertise in ERP implementation, Customization, Training, online rectification of ERP Query and Module correction at back end as well as front end as per the requirement of major user and providing real time guidance to users in AP, GL, POM. SAM, SOM, HRM, PRODUCTION Modules using VB and SQL tools along with RAMCO ERP Crystal report editor with infrastructure of IBM dedicated data server 40TB connected with WLAN with four locations.

Expertise in data Analysis / interpretation / presentation using Excel / Minitab MIS reporting & presentation by DTP applications such as word, powerpoint and pagemaker etc. Have programming experience in C / C VB/SQL/CRYSTAL REPORTING/PHP/WEB PROGRAMMING/MOBILE APPLICATION DEVELOPMENT

Personal Details

Date of Birth : 12 March 1965

Address (permanent) : No.60, Visalakshipuram, 4th Street, A.R.Line Post, Madurai-625 014 Languages Known : English, Tamil, Hindi

1) OT Wages Verification

I have given assignment to look over weekly over time wages paid to workers by checking the attendance register, rate per hour and number of hours and number of days worked in 7 days starting from Monday to Sunday here the rate per worker is different as per their experience and some worker have flat rate which are maintained in a register to cross check the rate per individual worker besides there is bonus payment for attending the work without taking holidays for last 3 months for whom additional rate of 10% of their actual per hour rate taken and calculated such a way that for last 7 days multiplied with the 10% of rate applicable that particular worker. 2)Stores Inventory Regular Audit

I have given assignment of verification of stores inventory where there are 10000 items which is require for day to day requirement for their production and confirm the staff of stores department regularly updating the record from physical counting compare to bin card and then compare to ledger accounts if there is any discrepancy has to be reported directly to the director (Finance and Marketing) who will instruct the defaulters to rectify immediately.

3)Payment to suppliers (Major full time work)

I have given assignment of payment to parties who are those suppliers of raw materials mainly the cotton, spares for factory and packing materials There are around 300 parties regularly suppling goods at credit and based on the verification of records maintained by the stores department on each and every invoice of goods received from the supplier starting from the quote rate offered by the supplier at least 3 suppliers for one product/spare requirement and the price finalised by the Managing Director and the approval paper then the order placed by the stores department with supplier where the purchase request from the department and the approval by the head of the department by Director (Technical) and the quantity approved by them and the item code,item description, quality also verified and has been included in on line ERP of POM (purchase order management module) which are entered duly authorised by the manager

(stores) and the same has been moved to ERP module AP (Accounts Payable) where the individual party name as well as the party code should match with that and supplied goods moved and accepted as quanity taken into stores and eligible to payout to the supplier by cheque payment.. There are atleast 20 parties to be kept ready by analysing the previous record in ERP GL module (General Ledger) where the records of 10 years kept ready for verification and the balance should exist exactly tally with the amount payable to the supplier in real time and the differences is adjusted on the payment if any advances made on its purchase order itself where the system keep track on any advance payment for the particular party. 4)BRS Regular Monthly work

I have given assignment to look over bank balance of all banks ( totally 10 banks ) the current balance and the any other payment required as emergency for yarn, cotton and fuel, power purchase which we have given top priority over other payments and request the General Manager to transfer funds from OCC (OPEN CASH CREDIT) account to Current account in order to match the payment through RTGS (real time gross settlement) to the suppliers after verifying the Managing Directors approval and the parties bank account confirmation by comparing with earlier payments confirmed transaction and send the paper with data duly entered in the ERP system before authorise b y the General Manager when the payment authorised then there is a confirmation within two to three hours the payment send for despatch along with sufficient papers to the concerned bankers through our trusted office bearers.

Those payment to parties if it is service oriented then we have to apply the taxation rules for commission, contract, profession payment and deduct the tax as per applicable rate given by the Income tax authorities and the deducted amount kept in the TDS remittance account in ERP GL module and the accumulated

5)TDS Remittance daily work and payment on 7th day of every month I have given assignment of collecting the TDS (Tax deducted at Source ) on all Service oriented payments on each and every month on 7th day we have to remit to bank through on line payment to Government of India, Income Tax Department. The same data has been given for quarterly return filed to Government for preparation of TDS certificate and also for party credit where the deducted tax has been given credit to the concerned party through their PAN (Permanent Account Number) The parties can view their status by login into their account portal given by the Income tax authority and if there is any deviation either credit not given based on the parties communication we can scrutinise the PAN account number with the agency who facilitate to upload the data to the government website and confirm that the PAN correctly given if it is wrong number then we made arrangement to rectify the same with the agency.

6)Cotton Testing Fees billing, Receipts, Accounts Maintained in RAMCO ERP AR, GL MODULES

I have given assignment of accounting the CTL ( cotton testing Lab ) where our company keeps the state of the art latest testing lab equipped with Switzerland make testing equipment and the surrounding textile mills of Tamilnadu state sends their cotton, yarn sample by courier and we test the quality and send to them the report by hard and soft copy with our engineers certification after our captive usage of our own testing of yarn and cotton purchased from suppliers.

There will be around 2000 parties exist and each every party analysed before sending the test report and confirm they have paid all the earlier testing bills if there is any delay where our ERP module counts the delay by days and send the outstanding report along with the testing report . 7)Payment of Salary to Staff after deduction of TDS on salary through RRMCO ERP HRM modules monthly basis

I have given assignment of paying the Salary to staff members through on line bank account every month after getting the detailed report of staff attendance along with their last drawn salary and any increment exist and the tax on salary duly deducted from the salary besides the staff PF, ESI Society loan recovery, Medi-claim insurance premium deduction, Cloth purchases, Mess deduction, Staff loan recovery with interest also considered before arriving the final net pay to the staff members. 8)Payment to Building Construction Contractors and Building Minor & Major Repair works after due verification on measurement and labours I have given assignment to clear civil works payment after verifying the building construction log book and the amount eligible to the contractor and the Retention amount the advance paid to them before the construction work begins and the final value payable after deduction of Tax has been worked out and send to the Civil Engineer for the confirmation and verification after clearance from Civil Department then payment arranged by cheque along with statement of account earlier paid and the breakup of party balance exist in the books of account in GL Module of ERP the statement starts from origin of transaction effected to the party till date.

9)Asset Valuation on sale of machineries, cars with scrap value maintained in separate foxpro database

I have given the assignment of Fixed Asset Register which reflect in the balance sheet of the company., The balance exist in Asset register after the life time is kept at 5% balance as scrap value and the rate of depreciation applicable as per the Companies Act based on individual asset

. When ever the scrap sales taken place we have to find the original cost of purchase and calculate the profit or loss on scrap sale of asset or buy back of asset with new one that time also the cost value of the asset located from the asset register which consist of approximately 1 lakh items maintained in separate database as kept as confidential within my control. The final entries for the Depreciation has to be taken place every year end of 31st March and the data for the Internal and External Auditors, and Statutory auditors and kept it ready for any query raised by them during the course of audit.

10)Preparation of yearly audit programme to all staff members by rotation to verify entire office fixed assets and stationary I have given assignment to audit at the time of year end during 29th March to 2nd April every year and all the efficient staff members selected and assign to them each department along with group of persons from 3 to 5 members team work to physically verify and record in a statement and send it for approval to Managing Director of any deviations and after the approval the statement being kept in Accounts file.

£

As I have completed long tenure of 18 years service with M/s.Thiagarjar Mills Private Limited and looking over from Cash dealings to financial control of entire group which consist of Three Educational institutions 1.)Thiagarajar Higher Secondary school,

2.)Thiagarajar college (arts) and

3.)Thiagarajar college of engineering

and

Three Trust accounts

1.) Kalaithanthai Karumuttu chettiar educational and charitable trust 2.) Saroja mills Ltd. Employees welfare fund

3.) Saroja Mills Ltd. Employees Gratuity fund

and

17 Private companies and firms

1.VTM Limited

2.Sree Sree Thiagarajar Finance p ltd.,

3.Sree Devikarumari finance pvt. Ltd.,

4.karumuttu consultancies ltd.,

5.Thirumagal finance p. ltd.,

6.sivakami textile traders limited,

7.Thiagarajar leasing private limited,

8.thiagarjar rubbers private limited,

9.tamaraiselvi finance private limited,

10.kannappan traders private limited,

11.colour yarns private limited,

12.karumuttu farms private limited,

13.avittam investments,

14.karumuttu investments,

15.guruvayurappan investments and

16.thirumagal inviestments

17.Thiagarajar Telecom Limited

besides 7individual accounts & trusts

1.Shri T.Kannan

2.Shri T.Kannan HUF

3.Dr.Radha Thiagarajan

4.Minor K.Thiagarajan

5.Miss Visalakshikannan

6.Miss Radha Meenakshi

7.MVKM Trust

The major achivements on the High value of transactions are 1. Dealing with Bill discounting witn 60 to 120 values for a value of 68 430UAE Dirhams to 1 368 619 UAE Dirhams from the funds pooled form private companies, individual accounts, trust accounts and firms on regular basis to an third party individual, companies and firms duly documented and registered with original invoices along with guarantee. 2. Dealing with shares, debentures and mutual funds by using the funds pooled from individual accounts, private companies, trusts and firms to major MNC companies in India as well as in abroad 3. Dealing with purchase of USD dollar in 10 millions to 50 millions for the short term exchange fluctuation trading with Banks

4. Dealing with short time bills (Hawala Transaction) one or two days with high value purchase and sales with marginal earnings to the value of 17 107 741 UAE Dirhams to 34 215 483 UAE Dirhams or 25 crores to 50 crores rupees.

5. Power plant construction work completed in the year 1996 with 6 843 096 UAE Dirhams or 10 crore rupees with furanace oil as fuel purchased from M/s. Wartsila Ltd of 3.1 MW generator installation of 3 nos. oil storage tank in the office premises of Thiagarajar Mills P. Ltd., all the documentation, financial transaction carried out by me

6. Installation of 8 nos. wind mills each with 1 mw at Coimbatore and Tirunelveli in Tamilnadu, India for the value of 54 744 773 UAE Dirhams or 80 Crores rupees and all the transaction and documentation and maintenance of those wind mills and all the financial accounting also carried out by me. 7. Construction of Office Complex with 6 floors at Coimbatore with the cost of 82 117 159 UAE Dirhams or 12 Crores rupees and all the transaction starting from plan lay out to complete construction and also letting out of same office building to banks and maintenance of officecomplex all carried out me and separate balance sheet and profit and loss account prepared and reported to the management. 8. Insurance on office building, fixed assets, raw materials and finished goods carried 3 times in a year and data has been collected based on new purchases and sales of assets before payment of insurance premium to the value of 205 292 898 UAE Dirhams or 300 crores rupees. 9. Quarterly financial report and budgeted profit and loss account prepared for Bank requirement for issue of working capital loan, TUF Loan for the value of 34 215 483 UAE Dirhams or 50 crores rupees. 10. Merging of two units, There are 3 units namely Thiagarjar mills Unit 1, Kappalur, Unit 2 at Coimbatore and Unit 3 at Nilakkottai . In which Unit 2 and Unit 3 merged and unit 2 completed shifted all the machineris to Unit 3 newly constructed extension building and the same effect have been incorporated in the books of accounts

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