Parvendra Singh Bisht

• Checking and entering All purchases cash and credit invoices in Tally prime system with respective cost centers.
• Checking and posting of 3rd Party manpower related invoices as per agreement
• Generating Sales Invoices by month end and submitting before 2nd of following month and booking as per cost center.
• Amortization of prepaid expenses and posting general entries
• Casuals of Depreciation and passing of entries in month end
• Checking of petty cash holder’s account Checking of Amwal and E-dirham account supporting and reconciliation of these expenses and posting related expenses in month end.
• Preparing Bank Reconciliation statement on monthly basis.
• Making provision for expenses and booking.
• Making provision for Incomes and booking.
• Checking and finalization of Trial Balances.
• Monthly closing by 2nd of following month Submitting cost center-wise.
• Profitability reports to top management on or before 5th of following month
• Checking of input and output VAT and filing of VAT Month end.
• Identified and investigated variances to optimize financial plans and forecasts.
• Improved data collection, financial analysis and financial modeling to optimize practices and retain customers.
• Tracked financial progress by creating monthly and yearly balance sheets.

• Preparation of Concrete Sales/Commercial/LC Invoices with Agreements/Letter of Intent/Quotations/LPOs received from Customers.
• Posting of Invoices in ERP-AX systems.
• Day to day functions Entering daily Cheques and Cash Vouchers in ERP-AX System.
• Preparation of Debit & Credit Notes with VAT calculation.
• Bank Reconciliations Statement.
• Checking of Customers Agreements/LOI/Quotations/LPOs for invoicing.
• Solve Customers Query regarding invoicing and delivery notes
• Monthly reconciliation of Customer’s SOA.
• Adjustment entry for adjustments of receivables amount with payables if any and vice versa.
• Maintenance of Customer Credit Limit and put in system to block over supply.
• Preparing LC Invoices and following up with Customers to open new LCs.
• Paperwork for opening LCs with bank.
• Calculation of monthly Sales and Collection incentive as per collection based on realization.
• Visiting customers for solving customer query regarding billing. MIS/Reporting: To familiarize Middle/Top Management overall financial position of company following reports are being provided to them from time to time other than daily accounting activity.
• Preparation of Daily Collection Report and Monthly cash flow for company Daily
• Progress on Target V/s Achievement Monthly Exposure Report on Total Outstanding with Customers.
• Weekly Uncovered Outstanding Report, LC on Hand, Returned Cheques, Court Case Monthly Sales Summary.
• Average Collection Period with graph Aging Analysis based on Payment Terms Others reports as and when required by management

Key Achievements: Implemented Receivables and Collection section in the AX-ERP Accounting System within the organization Implemented the Invoicing system through MARS software Frequent visit to Riyadh and Jeddah in KSA on Visit Visa to train new receivables & collection staffs for the checking of the delivery notes, preparation of sales invoices, collection reports, follow up payments and trained for accounting software AX-ERP for day-to-day entries.

• Payables Booking of Suppliers invoices in Microsoft AX- ERP system.
• Preparing monthly Raw Material Cost sheet Coordination with banks for opening LC for suppliers.
• Following with suppliers to get all invoices Timely accounting of Supplier Invoices.
• Dealing with banks to open LCs for supplier and follow up for LC extensions.
• Timely payment processing of Supplier Invoices as per payment terms.
• Opening suppliers LCs and maintaining LCs log for amending LCs timely.
• Aging of suppliers outstanding.
• Monthly Debit/Credit note summary Variance analysis of actual vs budgeted expenses.

• Accounting: Preparation of Sales Invoices based on the signed Agreements received from Customers.
• Entering daily Cheques and Cash Vouchers.
• Preparation of Credit Notes/Debit Notes Solve Customers Query regarding invoicing.
• Passing Journal Entry for day-to-day expenses for Expenses and Imprest Vouchers
• Bank Reconciliations Statement
• Reconciling Debtors and Creditors Ledgers
• Filing of ESI, PF, TDS deduction and Sales Tax, Income Tax matters
• Preparing Trial Balance, Profit and Loss Account
• Finalization of books of accounts and Balance Sheet
• Banking: To deal with banks on daily basis for requirements of funds for smooth functioning of organization.
• Daily deposit of checks and cash deposit and withdrawal
• Getting Bank drafts for making bids for Govt Tenders
• Dealing banks for getting Performance Bank Guarantee from them for contracts
• Correspondence with the Bank & Parties regarding above-mentioned matters
• Liaison with Govt Departments Liaison with Registrar of Companies (ROC) & Office of Joint Director
• General of Foreign Trade (JDGFT) for getting the certificate and renewal of Import & Export license.