Binu Louis
Trivandrum,Kerala
Summary
16 years of experience in Financial Accounting, Planning and Reporting. A keen analyst with a distinction of reviewing, investigating and correcting errors and inconsistencies in financial entries and documents that leads to transparency in reporting to internal and external stakeholders. Demonstrated excellence in ensuring compliance with applicable policies, contracts and regulations.
Hands -on experience in reviewing balance sheet and profit & loss account. Skilled in handling audit assignments; pivotal in collating and validating inputs required for audits and sharing the same with audit teams; coordinating for the queries raised by the auditors and successfully completing audits within agreed time frames.
Overview
17
17
years of professional experience
Work History
Senior Accounting Manager
Wood Pro Pvt.Ltd
11.2021 - Current
- Overseeing all aspects of financial control and operation in the business
- Providing financial, commercial and strategic support to the business
- Preparation of management information from source data
- Producing monthly management accounts, budgets, forecasts &GST returns
- Presenting monthly results, budget variances and ad-hoc analysis
- Involved in Business Planning, P&L, Balance sheet & liquidity planning
- Overseeing internal financial controls
- Recording of monies received and paid out
- Producing meaningful commentary and analysis of financial data
- Preparation and reporting of income and expense forecasts to senior management
- Developing, managing and motivating a team of finance professionals
- Reviewing new & existing business models and capital appropriation requests
- Identify and develop controls and processes to ensure all risks and opportunities are highlighted.
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
Senior Accountant
Madihaa Company Pvt.Ltd
06.2013 - 05.2020
- Providing effective financial leadership to a finance team, to enable strategic foresight into the business and also provide knowledgeable and accurate information to colleagues and senior management
- Overseeing all aspects of financial control in the business
- Providing financial, commercial and strategic support to the business
- Preparation of management information from source data
- Producing monthly management accounts, budgets, forecasts &GST returns
- Presenting monthly results, budget variances and ad-hoc analysis
- Involved in Business Planning, P&L, Balance sheet & liquidity planning
- Overseeing internal financial controls
- Recording of monies received and paid out
- Producing meaningful commentary and analysis of financial data
- Preparation and reporting of income and expense forecasts to senior management
- Developing, managing and motivating a team of finance professionals
- Reviewing new & existing business models and capital appropriation requests
- Identify and develop controls and processes to ensure all risks and opportunities are highlighted.
Accountant
Essen Enterprises Pvt.Ltd
12.2010 - 06.2013
- Prepare profit and loss statements and monthly closing and cost accounting reports
- Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions
- Establish, maintain, and coordinate the implementation of accounting and accounting control procedures
- Monitor and review accounting and related system reports for accuracy and completeness
- Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents
- Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control
- Explain billing invoices and accounting policies to staff, vendors and clients
- Resolve accounting discrepancies
- Recommend, develop and maintain financial data bases, computer software systems and manual filing systems
- Supervise the input and handling of financial data and reports for the company's automated financial systems
- Interact with external auditors in completing audits
- GST and BPT Return
Accountant
Navajyothi Power Links Pvt. Ltd
10.2009 - 11.2010
- Keeping of books of accounts
- Enter and track accounts payable invoices
- Maintaining accurate equipment files
- Invoicing each project work certified and claiming retention money timely
- Preparing payroll
- Monthly and quarterly tax returns
- Obtains Project Manager Approvals, and processes for payment
- Preparation of final accounts.
Junior Accountant
Hotel Saj Lucia
04.2008 - 05.2009
- Keeping of books of accounts
- Reconciliation of bank accounts
- Prepares and processes purchase orders, invoices, cheque requests, manual cheques and contract payments
- Ensures purchase orders, receiving and invoices are matched
- Post financial data to appropriate accounts in an automated accounting system (Tally)
- Helping senior accountant in stock taking
- Helping and providing relevant information to senior account for taxation.
Audit Assistant
Suresh Kumar & Associates, Chartered Accountant
05.2007 - 03.2008
- Assists auditor in the examination and analysis of accounting records of establishment, and prepares reports concerning its financial status and operating procedures
- Reviews data regarding material assets, net worth, liabilities, capital stock, surplus, income and expenditures
- Inspects items in books of original entry to determine if proper procedure in recording transactions was followed
- Counts cash on hand, inspects notes receivable and payable, negotiable securities, and canceled checks
- Verifies journal and ledger entries of cash and check payments, purchases, expenses, and trial balances by examining and authenticating inventory items.
- Supported senior auditors in the preparation of detailed reports for management, outlining key findings and areas for improvement.
- Performed auditing work in accordance with rigorous auditing standards and principles.
- Assisted in identifying potential fraud risks by conducting thorough risk assessments on client''s financial records.
- Worked closely with clients'' accounting teams to ensure a smooth flow of information throughout the audit process, minimizing disruptions to daily operations while maintaining the integrity of final results.
Education
Diploma - Computerized Financial Accounting
Accounts Service Society of Kerala
Kerala06.2008
Bachelor of Commerce - Accounting & Taxation
University of Kerala
Kerala01.2008
Skills
- Odoo ERP
- Quick Books desktop and Online Zoho Books
- Stakeholder Communication
- Profitability analysis
- Expense Tracking
- Debt management
- Credit Control
- Multitasking and Organization
- Cash flow projection & Analysis
- Proficiency in International Trade Finance Imports and customs clearance
- Cash Flow Management
- Tax Compliance
Languages
Malayalam
Native language
English
Advanced
C1
Hindi
Intermediate
B1
Timeline
Senior Accounting Manager
Wood Pro Pvt.Ltd
11.2021 - Current
Senior Accountant
Madihaa Company Pvt.Ltd
06.2013 - 05.2020
Accountant
Essen Enterprises Pvt.Ltd
12.2010 - 06.2013
Accountant
Navajyothi Power Links Pvt. Ltd
10.2009 - 11.2010
Junior Accountant
Hotel Saj Lucia
04.2008 - 05.2009
Audit Assistant
Suresh Kumar & Associates, Chartered Accountant
05.2007 - 03.2008
Diploma - Computerized Financial Accounting
Accounts Service Society of Kerala
Bachelor of Commerce - Accounting & Taxation
University of Kerala
Similar Profiles
John HulettJohn Hulett
Sawmill Worker at Goodsprings Plantation Equestrian Estates Wood ProSawmill Worker at Goodsprings Plantation Equestrian Estates Wood Pro
Ganesh KrepeshwarGanesh Krepeshwar
Software Engineer at Securra Health Technologies Pvt.Ltd (sister company to Amtex Software Solutions Pvt.LtdSoftware Engineer at Securra Health Technologies Pvt.Ltd (sister company to Amtex Software Solutions Pvt.Ltd
William StevensWilliam Stevens
Furniture Finisher at Wood Castle /Wood Bear ManufacturingFurniture Finisher at Wood Castle /Wood Bear Manufacturing