Messaoud B.

Outsourcing of the Accounting Department - Sri Lanka

Successfully managed the complete outsourcing of the accounting department to Sri Lanka, thereby optimizing operations and reducing costs.

Development and implementation of robust accounting procedures, ensuring transparent and efficient financial management.

Detailed drafting of procedures to ensure the compliance and consistency of accounting operations.

Training and coaching of local teams on the new SAP S4 HANA version, ensuring a smooth transition and rapid mastery of advanced features.

Daily management of entering over 100 invoices per day, ensuring accuracy and speed in transaction processing.

Rigorous analysis of accounts receivable to identify and resolve discrepancies or anomalies, ensuring optimal financial health.

Issuance of corrective journal entries, ensuring the integrity of accounts and proactively rectifying errors to avoid any financial impact.

Processing of supplier invoices on SAP Cockpit, Verify, Web Cycle, Processing of supplier claims, Posting of supplier invoices & credit notes with purchase order or FI, Tracking of invoices awaiting approval/actions, Reconciliation of invoices with purchase orders, Tracking of supplier disputes & identified discrepancies, Account clearing and reconciliation, Processing of supplier statements, Account status follow-up with supplier, Justification of supplier accounts, Participation in monthly closings.

Accounting maintenance tasks, Preparation and monitoring of tax declarations (VAT, Corporate Tax, CFE, TVS…), Accounting review tasks (clearing, bank reconciliations, year-end entries, VAT reconciliation…), Preparation and establishment of tax packages, Daily client support.