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Assistant Manager Accountant

Location:
Vasant Nagar, Karnataka, India
Posted:
May 18, 2021

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Resume:

DHANDAPANI SWAMINATHAN

Contact No.: 91-805******* E-Mail: admibd@r.postjobfree.com, admibd@r.postjobfree.com skype id dcjmvv

~ Financial Planning ~ Finance & Accounts ~ Internal Controls ~

SNAPSHOT

A well-rounded finance professional with 35.0 years of cross cultural experience in Financial Planning, Finance & Accounts, Process Improvements, Internal Control, MIS, Commercial and People Management in Manufacturing, Trading and Service industries.

Proficient at designing and implementing systems/ procedures to achieve financial discipline and enhance the overall efficiency.

Ability to improve operations, impact business growth, investments, financial reporting & cost accounting through achievements in Finance Management, Internal Control & Efficiency Improvement.

Keen analyst with exceptional relationship management skills and abilities in liaising with Banks, Financial Institutions and other External Agencies/Govt Officials.

Result oriented with strong analytical and problem solving skills; possess ability to compile, evaluate and produce detailed MIS reports to provide feedback to top management on financial and operational performance and advice for corrective action to be taken.

Ability to lead the people & capable in improving execution capacity, motivate team members during work pressure to lessen the stress, targeting on achieving the goal without any compromise in the quality of work.

CORE COMPETENCIES

Financial Planning Finance & Accounts Budgeting / Cost Analysis

Working Capital Management Internal Control Inventory Control

Accounts Receivable / Payable MIS Team Management

Strategic & Financial Planning

Managing finance functions involving determining financial objectives and designing and implementing systems, policies & procedures to facilitate internal financial controls.

Establishing, maintaining & monitoring effective financial controls and processes across business. Providing ongoing decision support to the management by way of analysis, reporting & feasibility studies.

Evaluating various project/ capital expenditure and post implementation review of the projects by way of cost benefit analysis.

Finance & Accounts

Designing and implementing systems & procedures; supervising the consolidation of group accounts and financial statements as per Indian standards as well as IFRS/GAAP.

Presenting a true and fair view of the financial position of the company by preparing financial statement viz., P&L Account and Balance Sheet; Reviewing and checking the general ledger to ensure that all transactions are entered on logical manner, with proper reference and support.

Analysing Financial Statements, viz. Ratio Analysis, Fund Flow and Cash Flow Statement; involved in Inventory Control, Stock Aging Analysis and Store Accounting.

Budgeting / MIS

Formulating budgets and conducting variance analysis to determine difference between projected & actual results and suggestions for corrective actions to be taken/implementing cost controls.

Monitoring the capital expenditure incurred up to date and review on monthly basis and finalise the amount to be capitalised and revenue expenditure so that Balance sheet and profit and loss account as on reporting date will exhibit a correct status of the company.

Generating various MIS reports and monitoring movement of key business indicators viz. Debtors Control & Fund Flow Management, Costs & Inventory Management to facilitate the decision making process.

Accounts Receivable / Payable

Following up for accounts receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control and collections of payments.

Preparing aging report of outstanding receivable/payables & inventory cost analysis. Identifying opportunities for cost optimization and implementing strategies to benefit from such opportunities.

Auditing

Performing analytical review of major processes and evaluation of internal control systems for carrying out internal audits, periodical branch inspection and stock verification.

Ensuring maintenance of proper records as per the requirements for audit and finalisation of accounts within time bound schedules.

Coordinating with auditors for conducting various process audits to ensure proper controls are in place.

CAREER SCAN PRESENT

Jan 2017 to till date Till date One of the leading E publishing and Typesetting Company based at Coimbatore As Manager Accounts and Finance

Full in charge of the Finance and accounts of the company.

CAREER SCAN PREVIOUS

June 2014 to Dec 2016 Pranera Services & solutions Ptd Ltd., Tirupu. As Manager Accounts and Finance

Full in charge of Finance and accounts of Garment Company.

Jul’ 11 to Feb 2014 : UNITED MILLERS LTD, KISUMU, KENYA as Manager Accounts and Finance

Role:

Spearheading the entire gamut of financial operations in the organization encompassing financial planning & control, budgeting & costing.

Overseeing timely preparation & finalisation of Profit & Loss Account, Balance Sheet, Cash and Fund flow Analysis and costing including Yearly Budgets and Budgetary Analysis Sheets.

Assisting Directors commercially during negotiations with Importers for raw materials, machinery and spare parts.

Supervise and control the interest cost by minimum use of financial credit from banks by effective deployment of existing funds.

Control all other depots, branches and departments like HR, Legal and administration.

Proper control in inventory by systematic planning of production and supply of mater

Proper control in labour/man power controlling to reduce labour and overtime cost.

Steered efforts in controlling the department expenditure and monitored the overhead and indirect cost.

Attainments:

Implemented change and upgrade of oracle ERP system from version R 11i to R 12.

Introduced new systems and procedures to control operations of branch by proper internal and accounting control procedures.

Prepared accounts manual.

Contributed to the installation of complete budget system in whole group.

Contributed to the the installing complete department wise costing to control overhead and indirect cost.

Achievement of vendor agreement with all suppliers and it is the first time in the whole history of 35 years company..

Established a proper process for capitalization of fixed asset from the initiation of request for asset till the capitalization of the asset.

Proactively controlled the inventory by introducing MIS on inventory highlighting the non moving inventory..

Initiated control over utilities cost like Power, fuel.

Jul’ 08 to June 11 : Gulfcom Port Management, Comoros as Manager Accounts and Finance

Role:

Spearheading the entire gamut of financial operations in the organization encompassing financial planning & control, budgeting & costing, Mergers & Acquisition, Presentations and Corporate Compliances, etc.

Overseeing timely preparation & finalisation of Profit & Loss Account, Balance Sheet, Cash and Fund flow Analysis and costing including Yearly Budgets and Budgetary Analysis Sheets.

Generating monthly vehicle running & maintenance expenses with analysis report for over 25 vehicles, with different capacities, calculating monthly fuel consumption and balance at the fuel station.

Regularly updating the status of company fixed assets, movements during the month purchase, disposals and US$ depreciation; maintaining fixed asset register.

Updating legal aspects with respect to businesses at origin on periodic basis (or in case of any significant change). Maintaining & updating checklist of statutory compliances to comply with in the origin.

Sorting out issues in terms of non-adherence to budget & providing constructive feedback on revised budget which in view of the changed business environment.

Understanding the local business requirements and coordinating with the consultants to update the accounts in the parallel way in French versions as mandatory apart from maintaining n the English version for H.O. purpose.

Attainments:

Designed and implemented various kind of MIS reports in vehicles usage thereby identifying low productivity vehicles and port handling equipment; decided for replacement and renovation to increase their efficiency/productivity.

Generated average revenue of apporx 750 000 USD per month.

Monitored inventory system thereby maintaining minimum cost with sufficient quantity without affecting the overall operations.

Implemented the various systems and procedures to check and reconcile in two different ways to ensure that all the data and information are error free with 0% mistake.

Educated and trained subordinate/local staff to perform job in systematic way.

Streamlined the systems and procedures for achieving increased productivity of each staff and department.

Jun’ 06 – Jun’ 08: Alpharama Limited, Athi River, Kenya as Chief Accountant

Role:

Oversaw complete finance and account functions including checking and passing of the all purchase & payment vouchers and writing of cheques.

Maintained the data relating to foreign exchange rate on daily basis. (USD vs. Kenya Shilling) basis for taking decision for forwards sales.

Performed reconciliation of statement of accounts of all the parties, suppliers, etc.

Liaised and furnished all data with the clearing and forwarding agents for clearance of import of items and smooth sail of exports goods.

Negotiated with bank officials for forwards booking based on day wise data for foreign exchange rate (USD vs. Kenya Shilling)

Acted as Custodian for various important documents like safe, records, unused cheque book, approvals, licenses given by various authorities, and insurance polices, etc.

Interfaced with company’s auditors for completion and finalization of year end accounts; Filed annual returns for all the statutory payments and renewal of all licenses and approvals.

Assessed the correctness and accuracy of various statements received from the branches like purchase reports, funds flow statement, stock statement and reconciliation, by taking into account goods in transit.

Jan’ 00 – Jun’ 06: Titan Paints and Chemicals Ltd, Coimbatore, Tamil Nadu, India as Assistant Manager – Account

Role:

Administered entire gamut of accounts, audit and secretarial functions in the company.

Constantly reviewed MIS formats to take care of the changing business scenarios / environment.

Jul’ 96 – Dec’ 99: Searchlight India Limited, Tirpur, Tamil Nadu, India as Assistant Manager – Account

Role:

In-charge of the accounts department and managed preparation of monthly profit & loss account, balance sheet and other pertinent matters of the company.

Nov’ 94 – Apr’ 96: West Kenya Sugar Company Limited, Kakamega, Kenya as Accountant

Role:

Managed entire accounts and finance operations in the organization.

Handled the manual & computerized accounts work up to finalization of Balance Sheet.

PREVIOUS EXPERIENCE

Mar’ 92 – Oct’ 94: The Silgal Metallurgic limited, Coimbatore as Accountant

Jan’ 91 – Mar’ 92: Elgi Tyres and Treads Limited, Coimbatore as Accounts Supervisor

Sep’ 83 – Dec’ 90: Premier Mills Limited, ATD Street, Coimbatore as Accounts Assistant

Jul’ 82 – Sep’ 83: K. Narayanan & Company, Charted Accountants, Coimbatore as Audit Assistant

ACADEMIA

1992 M.Com. from Madurai Kamaraj University

1990 B.L. from Bharathiyar University

1989 ICWA -Inter The Institute of cost and works accountants of India.

1982 B.Com. from Madras University.

IT SKILLS

Versed with handling package of accounts and sales order processing.

Sound knowledge in MS Office, Tally Package oracle ERP system

Having oracle environment for more 2 years

PERSONAL DOSSIER

Date of Birth : 30th June 1961

Linguistic Abilities : Tamil, and English

Address Per meant : Site No. 6, Nataraja Nagar, 2nd Street, Post and Telegraph Colony, Koudampalyam, Coimbatore – 641030, Tamil Nadu, India



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