MOHAMED NIYAZ ALI

Responsibilities / Activities Performed

• Managing and leading the Finance Team, and the day-to-day management of the financial reporting, accounting, and payroll processes
• Preparing monthly financial reports for top management
• Preparing Sow and contracts management for existing and new clients
• Providing timely feedback regarding performance metrics to management
• Handling Bank Trade Finance like Letters of credit, Trust Receipt loans, and Guarantees and ensuring the payments are settled as per payment due date
• Monitoring the cash flow of the company
• Preparing and analyzing the monthly financial statements, and balance sheet, with A/R Team to ensure timely payment collection to manage the cash flow
• Handling VAT Returns
• Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial, and Management Accounting functions
• Overseeing commercial decision-making from project analysis, margin analysis, pricing analysis, etc
• Handling the employee payroll and processing monthly salaries on time thru the WPS portal
• Handling yearly financial audits with Auditors to finalize the company financials
• Liaising with project team to ensure the project executed on time and completed, so finance team can submit the invoice to client based on the payment terms set
• Acting as SPOC in CEO's Absence.

Responsibilities/ Activities Performed

• Generating weekly debtor's aging reports
• Coordinating with client and determining the payment schedule
• Monitoring Debtors account for non-payments, delayed payments and other irregularities
• Investigating reasons for delays in receiving payments from client, and providing resolutions to the necessary areas for collection
• Investigate and resolve customer queries
• Ensuring the booking of expenses in the correct GL Codes, Cost Centers and Profit and loss centers account
• Performing Vendor Payment run
• Reconciling the overseas agent statement with our books and Processing Payments on monthly basis
• Review & clear CASS Airline payments on fortnight basis and update schedules
• Liaising with Debtors, Vendors, Bankers & operations team for resolving various issues
• Maintain tight control over inter-company transactions and follow up for unaccepted invoices/debit
• Job File closing in the system on monthly basis and submit the P&L reports to the Senior management
• Handling monthly bank reconciliation for different banks
• Co ordinate with auditors in the year end Audit
• Verification & Monitoring of Divisional Expenses
• Preparing and allocating monthly, quarterly and yearly overhead expenses to the divisions

Responsibilities/Activities Performed

• Handling the outsourced cash reconciliation operations for leading mutual fund transfer agent based in the united states of America.
• Limited exposure to loss by maintaining reconciliation to the standards expected by the client
• Improving communication between the reconciliation unit and the other business units
• Investigating reasons for delays in payments, receipts to and from shareholders, movements of money to and from the custodian and providing resolutions to the necessary business units
• Participating in the weekly conference calls with the clients in order to:
• Improve the performance of the team in chennai through feedback from the client
• Discuss findings with the team in columbus and arrive at resolutions
• Audit check of the work done in chennai.

Responsibilities/ Activities Performed

• Preparing Invoices
• Preparing Monthly Debtors Statements
• Dealing with Import & Export Documents
• Monitoring the Accounts Department's daily activities
• Preparation of Purchase order and Sales Register
• Handling Sundry Debtors & Creditors
• Inventory Maintenance & Inward Outward Registers
• Reporting to the General Manager
• Handled the accounting functions viz., receivables, payable, aging analysis