Ashish Kumar Jha

Experience

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  Audit

  Jan 2000 - Apr 2003

  Audit Assistant

  • Responsible for the planning, execution, reporting and finalization of external audits assigned to me in Power & Energy Sector, Trading companies, Financial sectors, Construction sectors, Hotel and Tourism sectors and Nonprofit & Educational public sectors

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  DTDC Courier & Cargo Ltd.

  May 2003 - Dec 2005

  Branch Accountant

  • Day to Day accounting financial accounting of the transactions of a branch.• Receivable monitoring, follow-up for due payments recording of collection in the books of accounts• Ensuring that the daily cash & cheques collected are deposited into the bank account for swift credit.• Other admin works at branch such as maintaining staff attendance report, cleanliness and tidiness of the branch liaising with service providers of canteen.

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  Transmed

  Feb 2006 - Sept 2008

  Accountant

  • Handling of General Ledger, Purchase Order, Fixed Assets, Accounts Payable modules in PEOPLESOFT (JD Edwards) an ERP package.• Checking & coding of all the Local vendor Invoices.• Maintaining of all the Journal Entries, Bank Entries, Asset Account generation & processing of depreciation, Payments to local & overseas suppliers.• Reconciliation of Suppler Accounts, Bank Accounts & passing necessary entries to ensure correctness of the books of accounts.• Performing other duties as assigned by the Finance Manager – Handling of Cash in absence of cashier, Managing receivable in absence of accountant.• Surprise check of cash in hand at all warehouses once in a month. Show less

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  Kamal Osman Jamjoom Group

  Sept 2008 - Jan 2024

  Major Deliverables: • Spearheaded innovative approaches within accounts payable, leveraging extensive experience to navigate complex business challenges with a steadfast commitment to integrity and ethical work practices.• Ensured transparency and alignment of expectations by collaborating closely with stakeholders, providing regular progress updates, and effectively managing issues to meet requirements and deliverables.• Collaborated seamlessly with external auditors, facilitating audit finalization by supplying supplier confirmations and meticulously verifying AP balances. o Led the reconciliation of accounts receivable trial balances with the general ledger control account.• Cultivated an engaging and growth-oriented environment, fostering development opportunities and driving exemplary performance among team members. o Took charge of staff recruitment and customized ORACLE training initiatives.• Led supplier payments and conducted rigorous accounts reconciliation to maintain precision and compliance with established standards.• Directed multiple facets of accounting operations, including general ledger maintenance, accounts payable, accounts receivable, and project accounting, ensuring accuracy and timeliness in all functions.• Prepared and recommended both operating and personnel budgets, oversaw spending adherence, and provided insightful variance suggestions as necessary.• Managed vendor advances and efficiently facilitated the timely closure of outstanding advances in collaboration with the purchase team.• Conducted exhaustive analysis for VAT tax filings, ensuring meticulous booking of all input and output transactions for compliance and accuracy Show less

  • Accounting Supervisor - Payable

    May 2013 - Jan 2024

  • Account Payable Accountant

    Sept 2008 - May 2013
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  Noon

  Oct 2021 - now

  Major Deliverables: As Manager Finance - Transportation & Logistics• Spearheading the supervision of vendor payments within logistics for the India team, ensuring meticulousness and adherence to financial compliance before processing.• Managing vendor payment operations for a network of 200 vendors in the UAE, as well as partially overseeing operations in Egypt (200 vendors) and Saudi Arabia (15 vendors).• Collaborating with senior management to implement an expense provisioning buffer of 5%, significantly improving accuracy in forecasting expenses against actual spending.• Initiating a transition from manual to automated data processing methods, collaborating closely with the IT team, resulting in substantial time efficiencies and improved accuracy.• Successfully automating operational processes in the UAE & Egypt and advancing towards completing Saudi data validation, thereby optimizing overall operational efficiency.• Playing a key role in enhancing vendor relationships and refining operational processes, contributing to smoother and more efficient workflows.• Significantly enhancing data verification processes for vendor invoicing, reducing processing time from 20 days to just 7 days through collaborative efforts between operations and IT teams.• Establishing a dedicated platform facilitating swift and seamless data transfer to vendors, expediting prompt invoice payments and enhancing operational efficiency. Show less As Assistant Manager Finance -Transportation and Logistics• Provided valuable guidance and support to team members, aiding in navigating complex policy interpretations and resolving transactional issues efficiently.• Led multifaceted roles within the accounts payable department, encompassing recruitment, training, performance evaluations, and offering insightful staffing recommendations.• Compiled comprehensive monthly expense provisions, disseminating detailed reports to stakeholders and the finance team, ensuring transparency and accountability.• Regularly generated comparative reports analyzing expense provisions against actual expenditure across diverse countries, facilitating informed decision-making.• Conducted meticulous reconciliations of diverse accounts and reports, ensuring meticulousness and adherence to compliance standards.• Strategically planned, assessed, and supervised work assignments, adeptly managing procedural and technical challenges, while continuously monitoring outcomes and providing actionable management metrics.• Contributed significantly to the establishment of departmental policies, implementing robust reporting procedures and internal controls to uphold accurate and organized records. Show less

  • Finance Logistics Manager

    Aug 2023 - now

  • Assistant Manager Finance

    Oct 2021 - Jul 2023