VIJAY KUMAR RANA
Umm al Hassam
Summary
Finance and accounting professional with over 19 years of experience in financial management and accounting operations. Expertise in bank reconciliation, cash flow optimization, and asset management, with a proven ability to exceed financial goals. Skilled in developing standard operating procedures and implementing internal controls to enhance business efficiency. Strong communicator with exceptional problem-solving and leadership capabilities, driving customer satisfaction through effective financial strategies.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Assistant Accounts Manager
MSC Mediterranean Shipping Company WLL
01.2022 - Current
- Monitored cost control areas to identify potential savings
- Implemented strategies to manage and reduce costs effectively
- Closely handling Debtors collection & liaison with sales team for collections
- Sending Weekly SOA to customers and following up for payments
- Bank reconciliation of Bank accounts on Daily basis
- Verified terminal invoices against tariff, volume, and quotations to ensure accuracy
- Managed correspondence with terminal regarding disputed invoices and credit notes
- Checking /verifying other Vendor invoices with tariff / Volume & quotations
- Updating all vendor invoices in SAP
- Checking of Cost account & reconciling locally recovered charges
- Payment vouchers / transfers
- Commission invoices preparing along with report and submission to MSC Dubai
- Preparing weekly cash flow
- Handling of office petty cash float
- Involving for admin-related purchases by following MSC procedure (3 Quotes/ Vendor registration)
- Checking & verifying export invoices
- Audit preparation – Schedules
- Assisting FM in Adhoc reports
- Checking of Export invoices for Tender Customers like Aluminium Bahrain.
- Implemented strategies to manage and reduce costs effectively
Senior Accountant
MSC MEDITERREAN SHIPPING COMPANY WLL
01.2019 - 12.2021
- Monitored cost control areas to identify potential savings.
- Verified terminal invoices against tariff, volume, and quotations for accuracy.
- Checking /verifying other Vendor invoices with tariff / Volume & quotations.
- Corresponding with Terminal for disputed invoices and credit note.
- Updating all vendor invoices in SAP.
- Checking of Cost account & reconciling locally recovered charges.
- Prepared and sent weekly SOA to customers, following up to ensure timely payments.
- Closely handling Debtors collection & liaison with sales team for collections.
- Processed payment vouchers and transfers to ensure timely financial transactions.
- Managed office petty cash float to ensure accurate financial record-keeping.
- Checking & verifying export invoices.
- Bank reconciliation of Bank accounts on Daily basis.
- Disbursement account submission in system.
Senior Accountant
ALSHARIF GROUP WLL
03.2007 - 12.2018
- Handling collection of entire Alsharif Group comprising of Dilmun Shipping Agency, National Shipping Agency, Seahorse Shipping and Falcon Shipping
- Maintaining accounts for Lines Break Bulk, Bulk, Tankers, Ro-Ro Car Carriers & Containers Lines (Pan Ocean Shipping, Polaris Shipping Agency, Hyundai Merchant Maritime, Emirates Shipping Line, Eukor Car Carrier, Hyundai Glovis Shipping Line, Cosco Bulk Carriers, Trans Asia Shipping, etc.)
- Assisted in leading audits for external auditors, facilitating timely and accurate financial assessments.
- Preparation of Audit schedule
- Communicate with banks and performing Bank reconciliation, online payments etc
- Liaising with International Principals and monitoring KPI requirements
- Preparing Disbursement accounts for Overseas Principals/Customers
- Co-ordination of Intercompany/division transactions
- Reconciliation of Intercompany accounts
- Prepared monthly revenue and budget variation reports to provide insights for financial planning.
- Working on Web based ERP system
- Oracle E BS II I & E-BUSSINESS SUIT
- Managed lease accounting processes and maintained Management Information System (MIS) records.
- Compiled trial balance and prepared profit and loss accounts for financial reporting.
- Ensuring proper credit control of customers
- Preparing daily deposit report & maintaining daily cash books
- Maintaining Credit card details and reconciliation of same
- Filing of payment vouchers, Bank Statements, Visa Card Statement
- Reconciliation of Monthly G/L's
- Preparing cheques and making payment vouchers
- Maintaining account for Ministry of Electricity, Telephone and Petrol consumption by each staff
- Preparation of payrolls & handling leave settlement of staff
- Managing of assets of company
- Tracked and managed employee overtime records for payroll accuracy.
- Entering All Invoices in Online Systems of particular lines
- Managed petty cash transactions for entire group, maintaining precise records to support financial accountability.
- Leading shipping company in Bahrain. It has maximum shipping lines in Bahrain and biggest Shipping Agent in Bahrain.
Education
Master of Commerce -
University of Bikaner
Bikaner, Rajasthan04-2005
Maharshi Dayanand Saraswati University
Ajmer, Rajasthan04-2003
Skills
- Cost control
- Budget management
- Financial reporting
- Cost review
- Invoice verification
- Debtor collection
- Vendor management
- Vendor relations
- Account management
- National accounts
- Local contracts
- Payment processing
- Audit preparation
- Data analysis
- Forecasting
- SAP
- Interdepartmental collaboration
- Staff management
- Strategic planning
- Client relationship management
- Problem solving
- Team collaboration
- Communication
- Communication
Certification
- Advanced Diploma in Web & Commerce Technology from Software Technology Group International Ltd.
- Internal Auditor Certificate for ISO 9001:2008
- Certificate of First Aid Awareness Training
- Certificate for Attending One day Team Building & Communication Workshop
Languages
English
Upper Intermediate
B2
Hindi
Upper Intermediate
B2
Hobbies and interests
- Listening to Music
- Playing Cricket
- Watching movies
Timeline
Assistant Accounts Manager
MSC Mediterranean Shipping Company WLL
01.2022 - Current
Senior Accountant
MSC MEDITERREAN SHIPPING COMPANY WLL
01.2019 - 12.2021
Senior Accountant
ALSHARIF GROUP WLL
03.2007 - 12.2018
Master of Commerce -
University of Bikaner
Maharshi Dayanand Saraswati University