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.• Preparing Exhibits/statements which are a part of Blue book.• Preparing the Evidence Binders (SOX Mandate) for the cash and STAT basis balance sheets• Perform an analysis of variances and provide explanations for the same.• Gathering the premium tax and dividend tax details and reporting the same.• Respond to financial inquiries by gathering, analyzing, summarizing, and interpreting data.• Co-coordinating with onshore team and defining the quarter end calendar.• Assisting the management in the process of planning and implementing cross trainings and other functional activities.• Exceptional in managing/migrating projects and meeting agreed timelines.• Identifying the areas of improvement and automating processes to improve efficiency.

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.• Cash Mangement – Forecasted the cash requirements and monitored the cash receipts and payments.• Certified the Bank Reconciliation Statements and coordinated with the banks for other allied services.• Managed the accounts payable and account receivable.• Involved in payroll related activities.• Co-coordinated with auditors in compliance with various statutory requirements and involved in finalization of accounts.Note: The responsibilities presented in the above section correspond to Indian Accounting Standards.

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• Reviewed the various business processess for potential risks/ control, weaknesses and opportunities to mitigate the same.• Established new inventory control processes for a streamlined warehouse management.• Coordinated with the banks for various allied services.Note: The responsibilities presented in the above section correspond to Indian Accounting Standards.

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 controls put together by the organization. Concurrent audit procedures of bank.• 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. Preparation of Audit reports for companies. Preparation of Management Reports.• 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) authorities. Filing of TDS returns. Preparation of documents for Registrars Of Companies (ROC) related matters (Incorporation of Companies, Annual returns, Filing of various forms with ROC).Note: The responsibilities presented in the above section correspond to Indian Accounting Standards.