Accounts Payable Management

RICHARD LEO D'MELLO

*** ****** ******, ***********, *******, L5R 0B5

Tel No 647- 821- 9469 **********@*****.***

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Objective: Looking for a challenging and growth oriented opening as Senior Accountant , where I could utilize my experience, skills and capabilities for the optimum growth and development of the organization

Skills Summary

•An articulate, result oriented individual with 10+ years of progressive experience in Financial & Management Accounts with ability to manage accounting task logically and expeditiously, Progressive experience include 4 years of successful leadership in Financial & Management Accounts of a large Group of Company.

•A self-disciplined and ethical professional who enjoys the demands of a fast paced organization with excellent interpersonal and effective oral and written communication skills..

• Highly productive and results-focused, effectively managing multiple projects and day to day operations of Accounts Payable, possess demonstrated ability to work effectively and congenially with employees at diverse levels.

•Energetic and capable of working with minimal support and a good deal of autonomy.

•Indian Institute of Chartered Accountants of India - 3 yrs Article ship Training Bachelor of Commerce Degree – University of Mumbai -India

•Exceptional skills in MS Office 2010 from Canadian University ( Word ,Excel Spread Sheet &, Power point presentation ) and Internet, Lotus Notes..

•Languages known English / French / Hindi /Urdu / Marathi / Konkani

Accounts Software

•Excellent knowledge in ORACLE APPS 11i and R12 version, worked on modules like General ledger, Inventory, Cash Management, Payroll, HRMS, Receivable, Payable, Fixed Asset Management.

•3+ years work experience on QuickBooks Accounting package

•3+ years work experience on SAP Accounting.

•7+ years work experience on Informix 4 GL Accounting package.

•Practical training on Lotus Notes for sending and receiving, faxes and emails.

•Hands on experience on Data Point Accounting Package

Professional Experience

Chief Accountant Al Shirawi Group of Co. Dubai. 1999-2012

•Ensured availability of sufficient cash flow for day to day operation by negotiating ample lines of credit with leading banks, financial institutions and key vendors

•Mobilized funds for subsidiaries to meet the commitments made to Local and Foreign creditors,

•Funded new and diversified projects and expansions

•Researched and recommended a new accounting system, upgrading from legacy system to a customized Oracle Apps 11I EBS accounting system.

•Planned and directed implementation of Oracle Apps 11I EBS accounting system in conjunction with technical support team and vendor consultant, ensuring seamless data migration and go-live.

•Provided training to Accounts and Human Resource team in ORACLE financials and ORACLE HRMS.

•Prepared consolidated Profit & Loss A/c & Balance Sheet of all subsidiaries’ for audit purpose and to determine the consolidated profit to declare dividend.

•Analyzed, Profit & Loss A/c & Balance Sheet and other Revenue reports of all subsidiaries’ to review bank liability and ratios

•Prepared financials to support banking lines, ensuring complete adherence to GAAP, IFRS and IAS.

•Prepared various weekly, fortnightly, monthly, quarterly and annual MIS reports as required by Finance Controller, Board of Director, Committee members and Shareholders.

•Prepared Annual & 5 years budget by coordinating with all department head and Finance Controller

•Analyzed monthly actual expenses with budget, and reported the variance to the top management

•Prepared Group Projected Financial, Feasibility reports for new and diversified projects.

•Conducted all debt collection meeting for timely recover overdue debts.

Accountant Al Shirawi Enterprises, Dubai. 1993 - 1999

•Established Letter of Credit’s, Bank Guarantees, Bonds and negotiated with banks for releasing Letter of Credit documents.

•Prepared Group MIS reports and other reports such as Group Debtors and Stock Ageing, Total liabilities, Bank liabilities, Cash Flows, P & L Account’s variance report.

•Analyzed weekly debts collections, reviewed debtor’s turnover ratio, analyzed and reviewed stock ageing.

•Prepared and monitored the Payroll for 300 Staff & workers.

•Attended all the queries raised by the Internal & Statutory Auditors.

•Insured all immoveable assets, lodged claims for damages, insured employees for Medical and Life insurance and Lodged Medical / Accidental claims.

•Authorized purchase order for procurement made in local and foreign markets

•Reconciled accounts payable, accounts receivable with general ledger.

•Supervised a team of 5 staff and conducted in house training to assist with work overflow or to fill leave vacancies.

• Performed all duties in compliance with internal standard operating procedures and external regulations;

•Analyzed vendors as small - mid – large, based on volume, their credit terms and critical supply ratio.

• Developed reports like age analysis, credit terms, payment ratios etc for the management.

• Verified financial data for use in maintaining accounts payable records

Junior Accountant DUNLOP INDIA LTD - MUMBAI 1989-1993

•Generated sales invoices, prepared petty cash vouchers for reimbursement.

•Ensured accurate data entry for coding, PO matching, batching and generating purchase vouchers

•Prepared reconciliation of bank accounts, general ledger A/c, creditors and debtors A/c.

•Handled debt collection, issued collection receipts to debtors.

•Prepared cheques for vendors based on agreed terms.

•Released payment to banks for credit card, sent overdue statement to debtors

•Remitted direct bank transfers to foreign creditors

•Generated fortnightly and monthly payroll for around 150 employees

•Maintained Stock Control on Volume and procurement prices.

•Attended vendors inquiries related to delivers and payment

References will be provided on request

Contact this candidate