Logasundar K

Experience

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  Southern Electro Plastics Pvt. Ltd.,

  Jun 2002 - Jan 2003

  Accounts Assistant

  This company (SEPL) was started in the year 1975. A company started manufacture of thermoset components in a small way, for Lucas TVS Ltd. The company has now grown along with the needs of the customer and is now the single source supplier of over 45 critical components. Responsibilities:Preparing Sales Invoice Assisting with Sr. Accountant for Preparing Sales Tax & Central Excise Returns Day to day Cash and Bank operation Stock Checking and keeping Stock records for Raw Material & Consumables Reconciliation with accounts Payable & Receivable Show less

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  Bhandari Metal Distributors

  Feb 2003 - Dec 2005

  Jr. Accountant

  is Leading Trading agent for Wholesaler of Brass, Copper, Aluminum & Steel. Supplier of Chennai's leading companies i.e., Emco KCP, TVS Lucas, and Wheels India Ltd. Responsibilities:Manual Book Ledger handling viz., Cash book, Bank book, Purchase & Sales Register, General & Parties Ledger. Updating Purchase & Sales Register in SystemCentral Excise and Sales Tax Returns Filing on every month Bank Reconciliation Supplier Payment Clearance on Due Date

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  Chowl India Pvt. Ltd.,

  Jan 2006 - Mar 2007

  Accounts Officer

  is Korean based Company in Chennai, Indian supplier of Work holding Equipment, Welding Equipment and Accessories, Jigs, Soldering Equipment, Welding Equipment, Work holding Fixtures, Dies. And Manufacturing & supply of Auto Component Items to Hyundai Motors India Ltd., Responsibilities:Preparation of all Books viz., Cash book, Bank book, Purchase & Sales Register, General & Parties Ledger. Handled Sales tax, Service tax & Central Excise (As per Indian Tax Act)Reconciliation with Accounts Payable & ReceivableVender Payment follow upsDay to day Petty cash & Bank operations Well versed on updating final pay roll according to the standard scale of Salary for various categories of Employees. Monthly Remittance of TDS & Service Tax Show less

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  RAS Engineering L.L.C

  May 2007 - May 2014

  Accountant

  Organization Name : RAS Engineering L.L.C (www.ras-group.com) Dubai - U.A.E; RAS Engineering L.L.C is a part of 'Al Sayegh Group' which is a well established trading and marketing company in the Middle East. RAS Engineering L.L.C has stepped in Mechanical Contracting projects and grown as a major contractor in the field of MEP project, having a team of dedicated, qualified and highly professional engineers who have gained a reputation as leaders in electro-mechanical works that produce intricate designs, high standards and superior engineering skills. RAS has its reach in Mechanical Electrical & Plumbing Division, Low Voltage Division, Pump Maintenance Division, General Maintenance Division & Facilities Management.Responsibilities:Handling day to day Petty cash & Bank operationsResponsible in Preparing Pay roll for 950 Technicians & 150 Staff as per WPS (Wages Protection System) which is implemented by U.A.E. Government.Preparation and Settlement of End of Service Benefits as per U.A.E Labour Law.Responsible for handling Payable Section as per Company Standard rules (Reconciling party's statement and releasing payment on Due date)Responsible in handling L.C (Letter of Credit) Responsible in handling Bank Liability (Trust Receipt, PDC Discount & Loan Repayment)Responsible in handling Accounts Audit and clearing Company's Audit with Auditor (KPMG) Show less

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  DAMAC Properties

  Jun 2014 - now

  Senior Accountant

  Responsibilities: Responsible for handling payable section with Review and Approve project Interim payment certificate (IPC) to various Main Contractor, Project Consultant, Sub contractors & Other Direct contractors with in UAE and international projects and non project overhead expenses payments. Posting of entry for the work certified, retention held and other deduction if any in the ERP system Oracle Fusion Payment processing and releasing on due date to Main Contractors & Sub Contractors through Escrow as per RERA guidelines / Dubai Land department website (TAS - Trust Account System) and corporate account. Interacting with Escrow bank and provide the project details such as project planed and completion percentages, site progress report etc., to release payment to contractors Preparation of Cost to complete report for each project and follow with treasury to apply profit withdrawal from escrow account. Preparation of final settlement to the Main Contractor / Sub contractor upon completion/termination of the project. Bank reconciliation for different bank as per project wise (as well inter branch reconciliation) Full responsible in handling Import Letter of Credit (L.C) for Local / International suppliers from the process preparation of application, review and accept the discrepancies, clearing the shipment and release payment to the beneficiary. Creating the Fixed Deposit against the LC cash margin with local and international bank Co-ordination with Procurement department for verify and approving Purchase orders.2 Monitoring Goods receipt / Invoice receipts accounting Petty cash and travel expenses payment process to employees Fixed asset and depreciation accounting in fixed asset register Responsible in handling Internal accounts audit which may include research and reconciliation. Preparation of MIS report in monthly basis to know the actual payments made and pending payments in project wise. Show less