Irfan Fruitwala

• Financial Reporting: Prepare and review accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.
• Month-end and Year-end Close: Lead the month-end and year-end closing processes, ensuring all necessary adjustments, accruals, and reconciliations are completed accurately and in a timely manner.
• General Ledger Management: Maintain the general ledger and oversee the chart of accounts. Ensure proper coding of transactions and adherence to accounting standards.
• Accounts Receivable (AR) Process: Oversee group level AR including overseas entities.
• Fixed asset accounting- handing group Fixed asset register including proper recording of depreciation.
• Petty Cash accounting – Will be handling petty cash accounting for group with a team of accountants.
• Audit and Compliance: Coordinate and support external and internal audits, ensuring timely and accurate provision of information. Ensure compliance with all relevant regulations and standards.
• Process Improvement: Identify areas for process improvement and implement changes to enhance efficiency and accuracy. Streamline accounting procedures and develop best practices.
• Team Leadership and Mentoring: Provide guidance and support to junior accounting staff. Review their work and provide constructive feedback. Assist in their professional development.
• Financial Analysis: Conduct detailed financial analysis to identify trends, variances, and opportunities for improvement. Provide insights and recommendations to management based on the analysis.
• Financial Systems Management: Oversee the maintenance and integrity of financial systems and software. Recommend enhancements or upgrades as needed.
• Internal Controls: Implement and monitor internal controls to safeguard company assets and ensure the integrity of financial data.

- Create SAP Internal project code for

- Create and monitor a system of controls, procedures, and forms for the redecoration of fixed assets.
- Recommend to management any updates to accounting policies related to fixed assets.
- Assign tag numbers to fixed assets.
- Record fixed asset acquisitions and dispositions in the accounting system.
- Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
- Calculate depreciation for all fixed assets in SAP
- Review and update the detailed schedule of fixed assets and accumulated depreciation.
- Conduct periodic physical inventory counts of fixed assets.
- Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
- Verifying petty cash claims as per company policies.
- Inventory Account Reconciliation
- Monthly MIS Reporting ( Detailed Inventory Report/ Depreciation Schedule / GL Account reconciliation.)
- Liaise with Insurance company for renewal of Insurance policies.

• Tracked and recorded expenses and reconciled accounts to maintain accurate, current and compliant financial records.
• Monitored premises, screened visitors, updated logs and issued passes to maintain security.
• Kept physical files and digitalized records for easy access.
• Completed physical inventory counts each month.
• Audited and corrected discrepancies in inventory numbers.
• Completed daily cycle counts to maintain accuracy of records.
• Managed inventory control for high-volume warehouses with accurate, timely stock replenishment.
• Developed and implemented a system to track and monitor incoming, outgoing and on-hand inventory.
• Developed and implemented inventory management strategies for improved stock flow.
• Developed inventory reports to provide management with comprehensive data on inventory levels.
• Assisted in processing of new inventory and disposal of outdated items to keep products fresh and up-to-date.
• Developed and implemented strategies to keep stocks organized and reduce excess inventory.
• Collaborated with the procurement team to establish steady supply of inventory.

- Preparing and maintaining Monthly Cost Center wise Balance Sheets, Income Statements, Profit &Loss Statement.
- Handling & accurately manage Accounts Payable activities up to finalization including book keeping in ERP Baan IV system.
- Calculation of products cost for import container and prepare finalize costing sheet for each products and evaluate inventory in system.
- Liaise with external auditor for yearly audit on payable section.
- Reconciliation of Vendor account and processing thier payment as per payment terms.
- Prepare journal vouchers for monthly accruals & monthly reconciled supplier accounts.
- Liaise with overseas supplier for L/C and bank related payments.

• Resolved workflow issues to optimize team productivity and improve delivery times.
• Worked closely with vendors and technology partners on integrations, infrastructure and enterprise solutions.
• Analyzed financial investment in IT systems, potential return on investment and impact on productivity.
• Configured and implemented IT initiatives to produce measurable business value.