M. UDAYA KUMAR

Mobile: +959******* ~ E-Mail: adnjjh@r.postjobfree.com

FINANCE & ACCOUNTS

~ Finance & Accounts / Audits / Credit Control/Inventory Management/FA Management ~

CAREER PRÉCIS

A dynamic professional with around 25 years of rich experience in Finance & Accounts, Credit Control, Audits, Cash Management, Commercial Operations, MIS & Inventory Management & FA Management

Expertise in analyzing existing systems and procedures, preparing business continuity plans, designing internal control systems and facilitate effective decision-making.

Proficient in preparing and maintaining statutory books of accounts and Control of payables Receivables and Reconciliation of accounts of suppliers, Customers. And stock.

Adept at managing day to day cash & accounts functions in co-ordination with internal / external departments for smooth financial operations.

Proficient in Credit & Stock Management-Evaluation of credit worthiness, fixing credit terms, analysis of outstanding, monitoring of overdue payments, taking appropriate steps for the recovery.

A keen analyst with exceptional communication, negotiation and relationship management skills and abilities in liaising with Banks, Financial Institutions and other external agencies.

EMPLOYMENT SCAN

APR 2003 TO OCTOBER 2017 WITH AVERY DENNISON (INDIA) PVT.LTD. AS SENIOR EXECUTIVE.

OCT 1995 TO APR 2003 WITH PERFETTI VANMELLE INDIA PVT LTD AS ACCOUNTANT

OCT 1992 TO OCT 1995 WITH BAUSCH & LOMB INDIA PVT LTD AS LOGISTICS ASSISTANT

KEY RESULT AREAS:

Strategic Financial Planning

Preparing short term / long-term budgets and designing business plans / strategies for maximizing profitability & revenue generation.

Formulating budget, calculation of difference between projected & actual results and implementing corrective actions for the deviation.

Determining financial objectives, preparing & implementing systems, policies & procedures and reporting variances to facilitate internal financial control.

Accounting Functions

Preparing and maintaining of Cash/bank and Journal Books

Reconciliation of accounts of (bank, supplier, branch & head office accounts) and stock

Control of payables, analysis of stock and invoicing and follow up of receivables.

Presenting a true and fair view of the financial position of the company by way of timely reparation of annual reports ensuring analyzing the expenditure on a monthly basis to control expenses.

Arranging facilities from banks, dealing with Bank guarantees

Preparation of cost sheet, analysis of business results for the management.

Inventory Management & Fixed Asset Management.

Supervision and monitoring of revenue collection.

Auditing & Taxation

Handling the complete planning & management activities for ensuring completion of internal, statutory and external audits

Clarifying the audit observations and documentations for the audit

Vendor Management

Identifying & developing potential vendors for achieving cost effective procurement

Overseeing follow-up with vendors for timely deliveries, release schedules, quality checks & ensuring timely payments to vendors.

Credit Management

Identifying the customers, evaluating the creditworthiness of customer, fixation of credit terms,

Analysis of Outstanding, age wise analysis and steps are taken for the recovery of overdue outstanding /settling dispute with suppliers/customers and clients.

Cash Management

Cash Management of the Firm-Ensuring that timely payments are received from debtors and made to creditors. Reconciling the cash balances of the branches and ensuring accuracy of the cash transactions.

Preparing periodical cash flow statements & Cash flow forecasting Monthly Stock Report analysis etc.

MIS Reports

Supervising the preparation of MIS reports and analyzing the same to provide feedback to the top management on business performance, viz., monthly turnover, profitability, turnover & quarterly group comparison as per the requirement of Management.

SIGNIFICANT HIGHLIGHTS:

Underwent MS office training by Perferri Vanmelle & Oracle training by Avery Dennison

Well appreciated by Avery Dennison by achieving weekly target as well as more than 100% collection month by month & controlling >90 days outstanding, DSO 40days (handling Cash In Advance 110 customers, credit 60 customers).

SCOLASTISCH

Graduation from Madurai Kamaraj University

IT Skills

MS Office / Accounting Packages viz., Tally, Oracle, ERP Accounting Package, Internet Applications

PERSONAL DOSSIER

Date of Birth : 1st June 1970

Nationality : Indian.

Present Address : 8/217-G, Amman Nagar, Neruperichal, Polluvapatti, Tirupur-641 602.

Languages : English, Hindi, Tamil and Malayalam

No. of Dependents : 3

Religion : Hindu

Marital Status : Married

Declaration

I hereby declare that all the details furnished above are true to the best of my knowledge and belief.

Udaya Kumar

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