Elamathi E Email & Phone Number

Chennai Area, India

• Responsible for month-end, quarter-end activities and reviewing the activities performed by the team.
• Preparing cash wire for retained assets funding to the bank and posting of the journal entry.
• Posting the accrued and unearned interest entry and other acccrual entries based on input from actuaries team
• Posting of entries with regard to the resisted claims, premium tax allocation entries and various reserve entries.
• Generating the reports from the Essbase(FAR) and reconciling with the divisional level postings in Assurenet
• Booking the third party reinsurance profits/ losses for the quarter.

Chennai Area, India

• Managed the overall daily operations of the accounting department.
• Enforced proper accounting methods, policies and principles in the daily accounting process.
• Ensured the documentation and recording of the daily financial activities.
• Reviewed general ledger on monthly basis.
• Formulated budgets, conducted variance analysis and took corrective actions.
• Monitored and analysed the financial data and timely reporting of all financial information to the higher management.

Chennai Area, India

• Overall monitoring of the daily accounting activities required to maintain the Ledger and reviewing the work of the accounting staff.
• Maintained accounting controls by establishing a chart of accounts.
• Maintained financial security by establishing internal controls and documents in various functional areas (Purchase, Sales, Inventory etc).
• Overall monitoring of cash flow in and out of the organization and preparation of cash flow report.
• Monitored counter sales, verified the daily collection reports and reconciled between the cash collections and cash deposits.
• Conducted Stock and cash Audits in regular intervals

Chennai Area, India

• Roles and Responsibilities:
• Internal Audit - Purchases, Sales, Production, Cash & Bank, Fixed Assets, Conversion operations, Logistics, Statutory compliances like Tax Deducted at source (TDS), Tax Colleced at source (TCS). Audit of procedural.
• Statutory Audit - Preparation of company’s Financials and Notes on accounts and variance analysis of financials based on ratios and analytical procedures. Application of Accounting standards and Auditing standards..
• Special Audits Compliance and Reconciliation Audits for Banks and Insurance companies. Computation of Voluntary Retirement Services (VRS) Compensation. Conducted various Stock Audits.
• Taxation and others Preparation and filing of income tax returns of individuals, firms, Companies. Formulating Replies to legal notices in respect of Claims, Appeals and other legal proceedings for Income Tax (IT).