ARUN ANGALES VEDARAJ
Summary
Accomplished MBA Finance professional with a decade of accounting experience, including 7.3 years in manufacturing. Skilled in SAP Business One, treasury management, payroll processing, taxation, and financial reporting. Managed multiple bank accounts and payroll for over 750 employees while ensuring regulatory compliance. Expertise in cash flow management and procurement, emphasizing accuracy and operational efficiency.
Highly-motivated employee with a desire to take on new challenges. Strong work ethic, adaptability, and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills.
Overview
8
8
years of professional experience
Work History
Senior Accountant
FABRIMETAL LDA
Viana, Luanda, Angola
11.2022 - Current
- Managed and controlled 13 bank accounts, ensuring accurate tracking of daily payments, receipts, and fund movements.
- Prepared and analyzed cash flow and fund flow statements, improving liquidity planning and financial control.
- Performed bank reconciliations in SAP B1, ensuring timely identification and resolution of discrepancies.
- Administered payroll for 750+ employees, ensuring accurate processing of IRT, INSS, employee benefits, salary advances, and compliance with labor regulations.
- Handled withholding tax calculations and reporting, ensuring compliance with statutory regulations.
- Controlled end-to-end scrap procurement process, validating supplier credentials, invoices, and ensuring timely payments to optimize procurement workflow.
- Implemented three-way matching (PO, GRN, Invoice) to strengthen procurement and payment controls.
- Managed sales accounting, including invoicing, revenue tracking, and receipt allocation in SAP B1.
- Monitored accounts receivable, ensuring timely collections and reduced outstanding balances.
- Maintained strong control over Accounts Payable (A/P), monitoring supplier aging reports to ensure timely payment releases.
- Strengthened internal controls, enhancing audit readiness and minimizing financial discrepancies across finance operations.
- Identified and reported irregular or unauthorized transactions, supporting fraud prevention.
- Verified production documents, including raw materials, and updated production records in SAP B1.
- Mentored junior accountants on best practices and procedures.
- Utilized accounting software for transaction recording and reporting.
- Collaborated with cross-functional teams to support business operations.
- Maintained detailed records of account transactions, including invoices, payments, and journal entries.
- Prepared monthly financial reports for management review.
- Collaborated with Controller and external auditors to conduct year-end close process.
- Assisted in preparing tax returns for filing with government authorities.
- Trained staff members on proper use of accounting software applications.
- Managed accounting department staff members and workload.
- Coordinated with other departments on various accounting activities such as month-end close process or budget preparation.
- Investigated and resolved billing issues to maximize cash flow and minimize liabilities.
- Cross-trained employees, enabling completion of priority tasks during personnel absences.
- Coordinated project materials and schedules, facilitated communication and prepared reports.
Accountant
BETNA ALIMENTOS FOOD MANUFACTURING IMPORT & EXPORT
Viana , Luanda
10.2018 - 10.2022
- Prepared monthly financial statements and performed variance analysis to identify discrepancies.
- Prepared monthly Profit & Loss Account, Balance Sheet and so on.
- Administered bank reconciliation and reconciled accounts for sister concerns to ensure accuracy.
- Managed financial records and ensured compliance with accounting standards.
- Processed accounts payable and receivable transactions accurately and timely.
- Verified and approved daily entries; generated comprehensive reports for head office on daily, weekly, and monthly basis.
- Developed reports like Ageing Report, Sales Report, Raw Material Consumption Report, and Stock Report.
- Prepared Landing cost for import items and entered in system.
- Production variance reports - Actual daily production with BOM.
- Collaborated with cross-functional teams to streamline reporting processes.
- Reconciled bank statements and maintained accurate cash flow records.
- Assisted in budgeting and forecasting activities to support operational planning.
- Trained junior staff on accounting procedures and software usage.
- Monitored inventory costs and implemented cost control measures effectively.
- Managed accounts receivable and payable, reconciled bank statements, and prepared financial reports.
- Created journal entries accurately and timely for month end close processes.
- Prepared monthly closing entries for multiple companies' books of records.
- Performed general ledger reconciliations on a timely basis.
- Reviewed invoices for accuracy and completeness prior to payment processing.
- Reported on financial results including balance sheets, income statements, cash flow statements.
- Monitored cash flows and prepared weekly cash projections.
- Maintained up-to-date knowledge of Generally Accepted Accounting Principles guidelines.
- Assisted in the preparation of tax returns by gathering necessary information from clients and maintaining organized files with documents related to taxes.
- Monitored balance sheets and income statements to evaluate financial performance.
- Provided guidance to other departments regarding accounting policies and procedures.
Skills
- Financial Analysis
- Cash Flow & Fund Flow Management
- Tax compliance
- Payroll Processing
- Payable Accounts & Receivable
- Sales Accounting & Revenue Control
- Bank reconciliation
- Treasury & Multi-Bank Management
- Internal Controls & Audit Compliance
- Vendor Management
- SAP Business One (SAP B1)
- Cash flow analysis
Languages
- English
- Portuguese
- Tamil
Personal Information
- Angola
- Gulf Countries
- India
- Date of Birth: 12/19/91
Timeline
Senior Accountant
FABRIMETAL LDA
11.2022 - Current
Accountant
BETNA ALIMENTOS FOOD MANUFACTURING IMPORT & EXPORT
10.2018 - 10.2022