Overseeing the preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with accounting standards
Managing the cost accounting system to accurately allocate manufacturing costs, including direct materials, labor, and overhead expenses, to products and inventory
Monitoring inventory levels, conducting regular inventory counts, and reconciling inventory records with physical counts to ensure accuracy and minimize discrepancies
Collaborating with management to develop annual budgets and financial forecasts for manufacturing operations, and providing variance analysis to identify areas for improvement
Calculating the cost of manufacturing for polybag product, including raw materials, labor, and overhead costs, to determine pricing strategies and profitability
Evaluating proposed capital expenditures for manufacturing equipment and facilities, conducting cost-benefit analysis, and preparing financial justification for investment decisions
Managing fixed asset records, including depreciation schedules, additions, disposals, and impairment assessments, to ensure accurate financial reporting and compliance with accounting standards
Establishing and maintaining internal controls over financial reporting processes within the manufacturing operations, ensuring compliance with company policies and procedures, as well as regulatory requirements
Participating in continuous improvement initiatives within the manufacturing operations, contributing ideas and recommendations for process enhancements, cost savings, and operational efficiencies.
Accounts Assistant Manager
Ayeyarhinthar Holdings Company Limited (Group Company)
12.2019 - 10.2022
Review day to day transactions to identify areas of improvement
Monitor financial procedures and ensure compliance with the accounting principle
Forecast revenue and costs and report any discrepancies
Publish and assess company’s financial reports to directors monthly in time
Manage full spectrum of Finance & Accounting functions
Responsible for the month-end and year-end closing activities
Analyze financial information and summarize financial status and suggest ways to improve efficiency and spending
Manage and coordinate with Account assistant all accounting transactions to comply with accounting principle
Ensure and maintain cash control of all transition expenditures in business
Monitor cash reserves and report properly punctually
Supervise and oversee the Accounts Receivable, Accounts Payable and General Ledger teams
Prepare and reconcile bank statement regularly
Reinforce financial data confidentiality and conduct database backups when necessary
Calculate payroll for staff and keep maintain regularly confidentially
Oversee invoice processing, ensuring all invoices are paid correctly and promptly
Prepare aging reports, credit risk evaluation and credit analysis and follow up on debt collections
Making journals for Depreciation of Fixed Assets, prepayment and other adjustment, if needed
Maintain and report Fixed Assets registry of company quarterly
Compute and manage all taxes and prepare tax returns on monthly, quarterly and annually
Make sure and coordinate with audit firm to execute the annual audit process
Investigate, resolve accounting discrepancies, and keep accurate and updated accounting records
Perform other related ad hoc duties as assigned to support.
Senior Accounts Executive
Fair Deal Co., Ltd (Distribution Company)
08.2017 - 11.2019
Supervise the day-to-day accounting activities including accounts receivable, accounts payable and fixed assets
Responsible for handle full sets of account
Timely Month-end close and preparation of monthly Financial Statements and Management Reports
Lead and supervise assistant accountants
Evaluate and ensure continual improvement in operational efficiency, cost effectiveness and internal controls
Examining bank statements and reconciling them with general ledger entries
Prepare monthly suppliers and customers statement reconciliations
Send monthly statement of accounts, issue reminder letters and follow-up on outstanding debts
Check and ensure all vendor invoices received are correct and supported by appropriate documentation and obtain approval for payment
Ensure inventory systems are well maintained
Check and validate employees’ expenses claims to ensure completeness with relevant supporting receipts and reimburse the employees upon Management approval
Handle petty cash reimbursement and update of cash register
Administrating and processing monthly payroll
Preparation of audit schedules and liaison with external auditors
Review cash flows forecast and support annual budgets, planning & analysis of reports
Ensure compliance to all legal/regulatory requirements for the company’s accounting practices
Other ad-hoc duties as assigned by Board of Directors and Financial Controller.
Senior Auditor
Sein Win &Associates Accounting, Auditing & Consulting Services Co., Ltd
12.2014 - 07.2017
Deliver quality Audit and Assurance services including audit planning, internal control review and audit fieldwork
Prepare and review management accounts and financial statements in accordance with Financial Reporting Standards
Advising clients on matters relating to finance operation, accounting system, accounting treatment and reporting when necessary.