RISK MANAGEMENT - Cross verification of prices quoted as per Reformulated Gasoline Blend stock for Oxygen Blending-Commodities Futures-RBOB from various Racks located in Houston, Austin and Beaumont and other Texas locations.Analysis of Fuel Volume purchases from known Vendors - SHELL, EXXON-MOBIL, CHEVRON, CONOCO PHILLIPS, VALERO, CITGO and TEXACO.Overseeing the accounting operations of the Company, which includes the production of periodic financial reports, implementation and maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the Company's reported financial results, and ensure that reported results comply with US GAAP. Oversee the monthly closing; Prepare monthly Income statements and Balance sheet,Prepare and issue quarterly financial statements to the Company’s stakeholders (Management, PartnersEnsure all required debt payments are made on a timely basis;Monitor debt levels and compliance with debt covenants; Prepare compliance statements to all banking and financial providers and submit Borrowing base workout on monthly and quarterly basis.Monitor the Company’s product pricing to ensure it is competitive and revenues from purchasers are paid according to contracts Provide financial analysis as needed, in particular for capital investments, pricing decisions, and contract negotiations.Overseeing all detailed accounting issues and Preparation of monthly fuel taxes data for State government.Ensure that accounts payable are paid in a timely manner, and that all reasonable discounts are taken on accounts payable.Ensure that accounts receivable are collected promptly and periodic – Reconciliation Electronic Fund Transfer(EFTs), other bank reconciliations are completed. Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.

Manager – Trade Finance. EditMeeX International LLCHouston, Texas Areao Actively controlled and verified quotes and worked closely with international market suppliers and ensuring to procure the right products with check on specification details.o Responsible for the most advantageous sourcing of local and foreign vendors through a perpetually updated databank,o Assisted in lowering overall product cost while maintaining specifications, maintaining & improving quality, through work with supply base, component selection and inspection activities.o Established and implement systematic procedures for procurement, material management taking into consideration the corporate policy, QA/QC and HSE systems.o Developed standard vendor selection criteria and implemented.Monitored vendor performance periodically and update approved list of vendors.o Responsible for pre-qualification of all suppliers and subcontractors.o Conducted market visits and trade shows to increase market network and awareness.o Supports projects to ensure timely delivery of materials and to verify qualifications, specifications, and supplier/subcontractor performance.o Procures supplies, materials, services and equipments for the operation in accordance with established guidelines.o Approved and reviews materials in stores and defines minimum stock requirements.o Provided reports to the management & projects and ensures that procurement activities are conducted in a smooth and professional manner.

Trade Finance.Responsible for the most advantageous sourcing of local and foreign vendors through a perpetually updated databank, Assisted in lowering overall product cost while maintaining specifications, maintaining & improving quality, through work with supply base, component selection and inspection activities.Conducted market visits and trade shows to increase his market network and awareness.Supports projects to ensure timely delivery of materials and to verify qualifications, specifications, and supplier/subcontractor performance.Procures supplies, materials, services and equipments for the operation in accordance with established guidelines.Approved and reviews materials in stores and defines minimum stock requirements.Provided reports to the management & projects and ensures that procurement activities are conducted in a smooth and professional manner.

 Independently handled Texas account receivables – processing of Lockbox, wire transfers and ACH payments and sales tax exemptions certifications. Collection of outstanding from High net worth commercial accounts – Hospitals, Nursing care, County and Municipal offices. Reported to directly to Credit and collection Manager in Toronto, Canada. Integrated ACE, ACH and Credit card processing into company’s ERP system. Refund of sales tax exemption for manufacturing entities in Texas. Performed variance analysis and provided detailed explanations for security deposits collections. Worked closely with A/R to develop monthly statistics for review of accruals and reclassification. Actively participated in Commercial security deposit plan process, providing risk and opportunity cost analysis.

 Snap shot of state wise Loan submission and approvals on daily basis to VP Finance. Snap shot of daily cash flows analysis and daily balances in various bank accounts. Comprehensive collection of legal, business and intelligence gathering using Lexis Nexis research solutions for each loan portfolio to minimize risk. Processed requisition and prepared purchase orders.  Processed JD Edwards EnterpriseOne Accounts Payable - prioritize vouchers, Bills, invoices and system handles the payment process. Monitored accounts and keep track of transactions to ensure payments are up to date. Reconciliation of payments and prepare analysis of accounts. Resolved invoice discrepancies and maintained records and vendor files. Reconciliation of Bank accounts with bank statements.

Execution of back grinds for wafers prior to reviewing the accuracy and completeness of each wafer.Effectively followed policies, procedures and quality management.Verification and reviewed each batch of wafers before being sent to Probe department.Maintained document control program as well as functioning as part of a team responsible for co ordination and executing all activities necessary to maintain compliance with ISO 9001-2008.

 Central bank treasury transactions ranging from Aed 10 Million to 50 Million transfers for business relations with High net worth customers like Al Futtaim Motors, BMTC. Central bank treasury transactions reporting of Cash withdrawal and Deposits from Central bank to Head Dealer at Head Office - Abu Dhabi. Custody of Lease contracts agreements for ATMs at different offsite locations. Update and reporting of Cash transactions offsite ATMs handled by Head cashier of the Branch. Reviewed reports of Branch Cashiers and assisted in balancing of cash with the Head Cashier. Central bank treasury transactions reporting from clearing, Trade finance and Credit departments. Annual budget projection and preparation, analyzing of monthly variances.  Projected quarterly new business trend analysis based on market data and current issues. Updated Management with reports such as monthly Balance of Payments, Activity statistics and Central bank returns of the branch and budget variances. Proactively investigated, analyzed, and implemented financial processes to improve internal control to increase integrity of financial data. Department wise monthly performance reporting at the officer’s meeting. Reviewed vendor portfolios and disbursed authorized [Signatory- Level B] payments up to AED100, 000. Extensively utilized software applications– to transform Business raw data into customer friendly data/spreadsheet for reporting purposes using charts and other functions. Reconciled various accounts including Suspense accounts and Account payables. Handled Branch fixed assets, inventories, utilities and other branch expenses. Scheduling of forward and swap deals for High net worth clientele and then claimed reimbursement for special rates availed by privileged customers from Head Office.  Classification of funded debts, verifying and scrutinizing of deposits under pledge and analysis of mercantile credit line trend.

Accounting. Abu Dhabi Commercial Bank is the third largest commercial bank in the UAE with reported assets of USD 35 billion with more than 42 branches and 115 ATMS. Scheduled forward and swap deals for High net worth clientele and then claimed reimbursement for special rates availed by privileged customers from Head Office. Annual budget projection and preparation, analyzing of monthly variances. Appraised senior credit managers/officers of potential business growth requirement based on the historical data. Projected quarterly new business trend analysis based on market data and current issues.Updated Management with reports such as monthly Balance of Payments, Activity statistics and Central bank returns of the branch and budget variances.Proactively investigated, analyzed, and implemented financial processes to improve internal control to increase integrity of financial data.Department wise monthly performance reporting at the officer's meeting.Reviewed vendor portfolios and disbursed authorized payments up to AED100,000.Extensively utilized software applications- to transform Business raw data into customer friendly data/spreadsheet for reporting purposes using charts and other functions.Reconciled various accounts including Suspense accounts and Account payables.Handled Branch fixed assets, inventories, utilities and other branch expenses.Classification of funded debts, verifying and scrutinizing of deposits under pledge and analysis of mercantile credit line trend.Business relations with High net worth customers like Al Futtaim Motors, BMTC in their day to day central bank transaction of no less than Aed 10 Mio/transfer.

Reconciliation of bank and foreign currency accounts. Developed relationship with International suppliers and negotiated trade finance deals and established credit terms.Closely followed disputed receivables and determined corrective collection action.Managed accounts of three division : Daff Oilfield, Daff Lubricant and Daff Electro Mechanical.Established credit limits for new and existing customers and Semi annually audited stocks in warehouse for Oilfield spare parts/Lubricants. Complied and finalized monthly closing with all necessary adjustment entries.