Velmurugan V

• Assist in the preparation and analysis of monthly financial statements, including income statements, balance sheets, and cash flow statements.
• Prepare and examine financial records, ensuring accurate records and taxes are paid.
• Maintain and reconcile the general ledger on a periodic basis.
• Coordinate with external auditors for annual audits, including documentation and query resolution.
• Ensure timely month-end and year-end closing procedures.
• Monitor fixed assets accounting and intercompany transactions.
• Support the day-to-day accounting functions, including accounts payable, accounts receivable, and payroll processes, ensuring accuracy and timely processing.
• Review and reconcile bank statements, general ledger accounts, and other financial records.
• Work closely with the Finance Manager and other team members to ensure accuracy and timeliness in all financial operations.
• General Ledger Account Analysis and Subsidiary Ledger & Intercompany Reconciliation (AP & AR).
• Process of monthly amortization for prepaid items, rent, insurance etc.
• Ensuring accurate processing of staff payroll and timely disbursement of salary.

• Finalizing entire accounts including Profit & Loss, Balance Sheet and Statutory & Tax Audit Report.
• After the month close activities keep tracing the budget vs. Actual expenses raise question to the department wherever budget is exceeded.
• Review monthly accruals and reversing of accruals upon booking of actual expenses.
• Reviewing balance sheet reconciliation on month end close and following AR, AP, intercompany, fixed assets and Inventory teams to clear the balances and clean up the ledger accounts.
• Ensuring accurate processing of staff payroll and timely disbursement of salary.
• Responsible for reconciling the intercompany balances on month end closure.
• Responsible to Prepare MIS, Forecast reports & Inventory Reconciliations.
• Handled and responded to all questions from clients and vendors regarding invoices and payments.
• Liaised with vendors and suppliers resolving invoice discrepancies and disputes.
• Maintained compliance with corporate guidelines and internal controls, client specifications and applicable regulations.

• Order/ Result Analysis Used to Calculate WIP On the Order.
• Analysis of cost of Sales on items that had unacceptable Profit Margin.
• Administrated margin analysis on sales Shipments & BL Orders.
• Administrated raw material purchases, Inventory analyzed data obtained and record result.
• Liaison with Internal and Statutory Auditors.
• Computation of Tax Liabilities Such us Excise duty, VAT & CST.
• Prepares and keeps records of all transactions as well as monitors accounts to ensure up-to-date payments.
• Monitoring of all clearing accounts( GR/IR , Cenvat clearing , Custom clearing, Customs Advances etc).
• Monitoring of C-form Collection and Coordinating with Excise and Stores Department.
• Maintain and update all journal entries and perform month end closing and audits for various accounts.

• Prepares and keeps records of all transactions as well as monitors accounts to ensure up-to-date payments.
• Responsible for preparing weekly and monthly reports as well as analyze the accounts.
• Responsible for recording the expenses for the purpose of tax payment.
• Performs the tasks of reconciling the invoices and statements of creditors.
• Raw Materials Invoice, Consumables & Freight Bill Verification & Processing.
• Raising debit/Credit notes for Quantity Quality Variances.
• Controlling of VAT,CST & Excise Invoices.
• Vendor Account Reconciliation & Bill wise adjustment.
• Creditors Age wise Analysis.
• Responsible for recording the expenses for the purpose of tax payment.

• Preparation of books of accounts, financial statement and notes to the accounts for KPMG statutory audit.
• Preparation of Export & Domestic Sales Invoice.
• Verification of work Orders / Purchase Orders with all the Bills (Sales, Service, and Works or Purchase of Bills.) Before passing the Bills of Creditors.
• Preparation of Cheques, Payment to Local & Import Vendors.
• Preparation & Examining Debit / Credit Notes.
• Preparation of Import Remittance.
• Reinstatement of Foreign debtors and Creditors.
• Reviewing and Analyzing Debtors & Creditors Outstanding List.
• Accounts receivable including invoicing debtors, receipting money and phone collection of outstanding accounts.
• Maintain and update all journal entries and perform month end closing and audits for various accounts.
• Prepare regular reports and summaries of accounting activities.
• Sundry Creditors, Sundry Debtors Reconciliation and Check customer’s credit rating.
• Preparation of Inter-Branch Reconciliation, HO – Branch Reconciliation statement and BRS.

• Book-Keeping - Daily Banking Operation.
• Monitoring of All payments vendor bill booking and accounting of the Payments of Respective Vendor Ledger.
• Management of Accounts Payable & Accounts Receivable.
• In charges of Profession tax – monthly / quarterly / half-yearly return filing.
• In charge of sales tax – monthly return, records maintenance.
• Maintenance of Cash Book on a daily basis.
• Monitoring the Issue of C and F Forms.
• Verification & Settlement of Employee Business travel expenses.