Shaik Ajaz Email and Phone Number

 Manage preparation of monthly NOPS reporting, Cost analysis and booking of Accruals predominantly. Perform Pre-Nops activities such as Ops & Finance Data Reconciliation, Analyze & close the Open POs, Preparing Volume Recon & discussing the numbers with Stake holders in a monthly connect.  Own cost validation process for the selected region. Take rightful decisions which should be aligned with the policies for the Vessel, Voyage & Geo Location combo lines. Perform Variance analysis on financial performance & report the same to the senior management. Ensure operational data and finance data are in agreement after all the exceptions. Ensure to report the variable cost as accurate as possible in the system with 95% Accuracy. Review & Approve POs for the respective region & cost type. Assist CV team to create & Amend POs. Forecast the numbers for Special Vendors & report the same to the Stake holders by Performing Rebate activity & ensure the trend is attained within the Fiscal Year. Prepare & Post journal entries like Accruals & Reclasses during month end & ensure smooth MEC. Have regular meetings with stakeholders to discuss on the various contexts relating to the process.

 Sales & VAM Analysis – Preparation of Shipment reconciliation, Revenue accruals, Warranty accruals. Review with directors & GMs about Quotes vs. Actuals comparison. Forecast & Budgeting – Prepare forecast based on business demand in collaboration with operations, review with top management about variance between prior forecast. Balance Sheet Reconciliation – Responsible for performing BS reconciliation across a range of accounts and modules in accordance with prescribed standards. Metrics - Periodic/Aging Analysis of Work Order, Maintenance Repairs & Operation, Non-Nettable & Inventory which affects working capital. Variance analysis – Comparing actual Revenue, PPV, Material loss, EDM and other P&L items with forecast and explain the variance to management. KOI - Preparation of KOIs which provide glimpse to management to take decisions. E&O – Derive Excess and Obsolete inventory and maintain inventory reserve to cover risk. Perform month end activities within agreed SLA timeline by assisting GL team in smooth closure, preparation & posting of Journal entries such as Accruals, Prepaid & Adjustments etc. Prepare reconciliation for various reports such as Revenue, Cost, Inventory & Total Material Loss and publishing it to site finance after complete analysis with comments. Respond to compliance, Audit queries & ensure all activities comply with US GAAP and SOX. MIS reporting and Adhoc analysis support provided to controller and RFDs. Resolving the supplier issues and supporting the materials team on blocked, NPO, positive and negative offset. Reach out to vendors & obtain their Statement of open invoices to perform AP reconciliation. Preparing the weekly payment file to ensure all the past due invoices are included. Along with verification of supplier bank details to avoid payment rejections and duplicate payment. Focusing on Debit balance suppliers to get the refund from supplier or booking the offsets.

Fp&a - Management Reporting

Handling critical invoices in Edi, Handling escalations, preparing daily aging work flow.

 Extracting reports from SAP and publish daily Blocked and parked invoices to the client. Analyzing Parked and Blocked invoices and sending blocked for payment invoices for approval through SAP work flow to release the block for payment, doing Vendor & PO Reconciliation, Invoice posting in SAP. Obtain Vendor statement to check unpaid past due invoices and work on those challenge invoices to pay. Check with buyer on undelivered goods and Goods in Transit issue. Obtain Credit Memo for returned goods.

>Preparing financial statements by posting JVs in tally.>Performing Internal, stock and statutory audits>Preparation of income tax returns and filing>TDS, Sales tax and service tax filing.