Shaik Fareed

• Assisting finance manager in a variety of business roles. • Assisting to prepare monthly financial reports, financial statements, and other records to assess the accuracy and completeness. • Maintain general and subsidiary ledgers, Accounts Receivables, Accounts Payables, Pre-Payments, Accruals, and operating expenses by verifying, allocating, reconciling transactions and resolve discrepancies in ERP system. • Prepare monthly cash forecast statements and identify the cash flow position to ensure the funds are available to meet ongoing activities. • Check and approve processed vendors, and utility payments by verifying all source documents. • Prepare bank reconciliation statement and customer & supplier master ledger reconciliation. • Payroll procedures and statements. • Manage the VAT calculation and submit the returns timely. • Participating quarterly and annual stock verification activities.

• Recorded financial transactions by entering account information. • Prepare the Bank Reconciliation process on a monthly basis • Received and recorded invoices and arranged payments and managed all petty cash. • Received and recorded invoices and arranged payments and managed all petty cash & office supply expense accounts. • Posts revenues by verifying and entering Bank Receipts and bank transfer transactions. • Updates receivables by totaling unpaid invoices & send SOAand balance confirmation to the customer

● Assist with the entire accounting cycle including gathering information, preparing documents, finalizing reports, and closing books. ● Maintain petty cash for business operations. ● Became fluent in recording accounting entries into the tally system. ● Reconciling the balance sheet accounts which includes all assets and liabilities accounts. ● Proceed with the monthly distribution of payroll, including wage garnishment, commission, Bonuses, Benefits, Electronic time Keeping, and Manual Check Processing. ● Communicated activity with the finance manager to review the impact of accounting changes and reconcile and difference. ● Performed general ledger accounting duties by ensuring that A/R payments and A/P expenses are properly applied and discrepancies resolved on time. ● Preparing detailed reports for review for all levels of management.

● Managed payroll data entry and processing for over 1000 employees to comply with predetermined company guidelines. ● Create and support payroll processes by looking for ways to streamline current processes and improve productivity and efficiency ● Computation of salary breakup, salary revision, arrear salary, incentive, variable pay, reimbursements, Ex-Gratia, Gratuity, Bonus, etc. ● Every month end MIS reports preparation and submitted to the manager. ● Responded to employee questions and requests for information in a timely and knowledgeable fashion. ● Preparing the F&F statement based on DOL and ensures other legal obligations.