Irshad Parambil

Reporting to Finance Head, challenged to report higher management for monthly financial position of the Group, having turnover of more than US$ 100M

• Gathered financial information, prepared documents and closed books.
• Reconciled accounts and created documents for monthly closure procedures.
• Provided journal entries and performed accounting on accrual basis.
• Used accounting software to issue tax returns and prepare consolidated reports.
• Reported financial data and updated financial records in ledgers and journals.
• Tracked funds, prepared deposits and reconciled accounts.
• Collected and reported monthly expense variances and explanations.
• Preparation of Accounts receivables and payables.
• Updated general ledger with latest entries.
• Prepared monthly journal entries and reconciliations.
• Submitted various financial and MIS reports on daily, weekly, and monthly bacis
• Responsible for timely preparation of the quarterly VAT returns.

Hired to perform task including managing all accounting functions including Accounts Payable, Accounts Receivable, General Ledger, Material Inventory, Financial Statements Handled full cycle of accounts receivable including invoicing, collections, and entering receipt of payment

• Prepared various schedules of P&L & Balance Sheet for monthly, quarterly, and annual Financial and Management Accounts
• Prepared and maintained a projected cash flow statement over 90 days
• Prepared tax returns – VAT
• Managing Local Purchases.
• Prepared profitability analysis and evaluated new products including pricing relative to the market well as setting up appropriate markups
• Gathered financial information, prepared documents and closed books.
• Reconciled accounts and reviewed expense data, net worth and assets.
• Assembled documentation for yearend audits and responded to auditor’s enquiries
• Performed inventory control daily; recommended alternatives to avoid surplus and cost savings by improving the Purchasing strategy