Sales Manager
Resume:
S. ASHOK Mobile: +** – 936-***-****, ****–*******, E-Mail: ****************@*****.***
Dated: 25/06/2012
Dear Sir/ Madam,
Please find attached My Resume for the position of Finance Manager. I'm particularly interested in this opening position, which relates strongly to 22 years of experience in Strategic Planning, Accounts & Finalisation, Internal Auditing, Fund Management, Budgeting, Taxation, Receivable & Payable Management and Statutory Compliance.
Having worked as Manager F & A. I believe I meet all the essential criteria of the position. Highlights of experience and demonstrated talent I would bring to your organisation. Efficient leader with proven abilities to deliver quality services.
I appreciate you taking the time to review my credentials and experience. Looking forward to a positive response.
Thanking you.
Sincerely,
S. ASHOK
Enclosure: Resume
S. ASHOK
Mobile: +91 – 936-***-**** Tel.: 0422 – 2598026 E-Mail: ****************@*****.***
~ FINANCE & ACCOUNTS PROFESSIONAL ~
Seeking managerial assignments with an organisation of high repute.
Location Preference: Coimbatore / Chennai / Tamil Nadu
AN OVERVIEW
Dynamic Professional with over 22 years of extensive experience in managing overall commercial & Finance functions with Strategic Planning, Accounts, Internal Auditing, Fund Management, Budgeting, Taxation, Receivable & Payable Management and Statutory Compliance.
Proven ability in improving operations, enhancing business growth & maximising profits through the achievements in finance management, internal controls & productivity improvements.
Last associated with Garments Exports ,Tirupur., Tamil Nadu as Manager Finance & Accounts.
Experienced in conceptualizing and implementing financial procedures and actively involved in the maintenance & finalization of accounts, working capital management, profit monitoring and building internal financial controls; preparing key reports to exercise financial control and enhance overall efficiency of the organisation.
Adept at development of financial policies/guidelines for effective fund management. Deft in developing MIS reports, and liaising with banks & government bodies for obtaining necessary sanctions.
Working experience of MS Office and Windows, XP, Tally Accounting Package, etc.
Adept in ascertaining needs and goals, streamlining operations and envisioning new concepts.
Areas of multi-faceted strength and qualification include;
- Financial Planning - Accounting Functions -Commercial Operations
- Fund Management - MIS / Budgeting - Variance Analysis
- Taxation & Auditing - Statutory Compliance - Corporate Tax Planning
- Internal Controls - Liaising / Coordination - Team Coordination
ORGANISATIONAL SCAN
Engg,Rubber Industry & Audit Assignments.Coimbatore. From June’11
Private Practice in Audit.
Garments Exports., Tirupur, Tamil Nadu May’ 06 – May’ 11
Manager Finance & Accounts
Van Tex Limited, Coimbatore Jun’ 89 – Apr’ 06
Internal Auditor
GKNM Hospital,Coimbatore. Jan’ 00 - Apr’ 05
Management Auditor.
Key Result Areas:
Strategic Planning & Financial Control
Performing the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals.
Determining financial objectives and preparing & implementing systems, policies & procedures to facilitate internal financial controls.
Taking adequate measures; monitoring the inward & outward flow of funds, ensuring optimum utilisation of available funds towards the accomplishment of corporate goals.
Accounts & Finance
Maintaining statutory books of accounts in compliance with the accounting ratios along with presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports ensuring analysing the expenditure on a monthly basis to control expenses.
Developing and finalising different type of financial statements such as balance sheet, profit & loss account and maintaining MIS & reports entailing budgeting, cash flow, turnover, credit sales, etc.; evaluating them for facilitating decision-making process.
Carrying out reconciliation of different accounts viz., bank statement reconciliation, current assets reconciliation, vendor’s account reconciliation, party account reconciliations, etc.
Commercial Operations
Monitoring order processing, credit clearance as per company’s credit policy; scrutinising the vouchers before payment as per the company’s procedure and processes.
Directing the development and implementation of key purchase / procurement strategies; scrutinising orders received / documents related to dispatch of materials as per the commercial terms & conditions as well as handling stores accounting.
Keeping regular follow ups with customers & take necessary documents like Letter of Credit; observing discrepancies if any in the L/C & ensuring that the amendment is done by the customers.
Fund Management & Budgetary Control/ Receivable / Payable Management
Liaising and negotiating with banks for raising fund and non-fund based facilities to finance working capital requirements from time to time and Preparation of C.M.A. Data, etc.
Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
Overseeing treasury functions including optimum utilization of surplus funds; controlling management of funds ensuring pay-in/ pay-out of funds in time without fail.
Overseeing advance controls for advance payments & follow-up with purchaser, cost center wise consumption & analysis with average consumption.
Following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control.
Auditing & Taxation
Coordinating in complete planning & management activities for ensuring completion of internal & statutory audits within time; handling the internal audit of the companies including setting up of internal audit systems as well as monitoring of the implementation of the systems.
Preparing tax plans and ensuring timely assessment and filing of direct & indirect tax returns, service tax, etc. in compliance with Statutory Tax Acts.
Ensuring timely assessment and filing of indirect tax returns entailing sales tax, service tax return, Personal Income Tax, Wealth Tax & TDS.
Significant Highlights at Private practice in Audit.
Review of internal control processes for procurement of material, outsourcing, inventory management and ageing, identification obsolescence in inventory. Review of revenue generation from all streams sale of product, service income, disposal of scrap, credit policy, sales realization, review of receivables and potential bad debts.
Review of cash & bank transactions, expenditure analysis, capital expenditure analysis, loan documents and compliance with loan covenants. Review of payroll and HR related payments. Production related reports, related party transactions, compliance with statutory obligations. Funds deployment and treasury function policies of the company review of application of policies.
Areas of statutory audit financial statements and reports, PL and BS notes, disclosure of accounting standards, subsequent events, contingencies, risk assessment, going concern, related party considerations.
Significant Highlights at Garments Exports co : Manager Finance & accounts.
Accounted for cross checking & authentication of monthly profit & loss accounts with tally & customised accounting software along with finalisation of balance sheets, comparative statements and reporting of variances.
Successfully presented monthly stocks to bank with SOD statements; complying DP & CMA data submission, new project reports for TL, STL as well as applied for cash credit and LC, etc.
Facilitated to Term Loans by furnishing project reports and projected financial statements for two projects of worth 24 Crores & 21 Crores.
Facilitated in obtaining short term loan of Rs. 90 Crores which was repayable in six monthly installments.
Efficiently handled funds of worth 300 Crores.
Ensured compliance for monthly, quarterly & yearly returns; filing of monthly returns to central excise, sales tax, textile and market committees.
Played a significant role in monitoring sundry debtors collection of dues along with payment within stipulated time.
Oversaw finalisation of balance sheets with statutory auditors and furnished details for tax-audits, directors’ report, power cost statements and notes forming part of the balance sheets including related party disclosures and foreign exchange inflow and outflow.
Disbursement of payment for raw material, verification of passing reports with quality and weight shortage.
Significant Highlights at Van Tex Limited: Internal Auditor.
Accounted for audit review and control of computerized accounting system from sourcing document till finalization of statements to apprise senior management on monthly basis.
Examined and verified the existence of assets and guaranteed that all assets are accounted for with the means used for safeguarding assets against losses e.g. fire & theft, etc.
Provided suggestion to produce same product (count of yarn) in place of producing different products which was implemented in textile spinning unit and resulted in reduction of production cost.
Deftly handled the gamut of tasks including:
Review of various segments of enterprise viz. relevant policies, plans, procedures, laws and regulations and communicated the same to staff members, stakeholders, etc. thus contributed in smooth operation & attainment of organistional goals.
Assessed the information system, reliability and integrity of financial procedures followed by briefing the key findings to the management and external agencies such as government bodies & trade organizations, etc.
Played a vital role in reconciliation with central excise records and checking of monthly sales tax returns and single handedly concluded many sales tax hearings including complicated areas of consignment along with depot sales cases.
Examined statutory requirements to Income Tax Department and finalization of accounts with statutory auditors.
Significant Highlights at GKNM Hospital: Management Auditor.
Carried out management audit comprising study of existing procedures for purchasing, importing of medical equipments, accounting for raw materials and stores and capital equipments, etc. as well as scrutinized books of accounts for cash & bank transactions, wages & salaries, stores records, purchase and creditors, sales & debtors and submitted periodical reports to the management.
Furnished details for obtaining exemption u/s35 AC of the income tax act and closely followed for getting approval from National committee.
Steered the initiative of:
Launching periodical stock statements on weekly basis; performed physical verification of stocks on monthly basis along with assessing ageing of stocks followed by reporting of obsolete & discarded items.
Procedure was brought in for accounting of sales return transaction.
Fixed asset registers were introduced for segregating and keeping the financial records updated.
Fixed assets bills were kept separately and physical verification of fixed assets with supporting records.
ACADEMIA
1980 B.Com. from P.S.G.College of Arts & Science.Coimbatore.
1987 (A.C.A) Final from ICAI.
PERSONAL SNIPPETS
Date of Birth: 1st Jul’ 1960
Linguistic Skills: English, Tamil & Telugu (Speak)
Residential Address: 501, G.V. Residency, Sowripalayam, Coimbatore – 641028, Tamil Nadu.India.
S.ASHOK
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