Accomplished professional with nearly 15 years of proven success in steering finance functions; reworking business/ finance models to achieve organizational and growth objectives; facilitating turnaround management initiatives. Skilled in Accounting, Financial Management, Auditing, MIS and Direct & Indirect Taxation in UAE and India. Proficiency in leading corporate and financial planning initiatives in Commercial Operation.
Driver for operational and financial efficiency who establishes core metrics that optimizes team performance and maximizes capital position; found appropriate business practices and curbed business risks throughout the entity.
Crafted optimum financial strategy for facilitating the capital expansion for businesses to meet the capital expenditure and work- ing capital needs, ultimately resulting in short-term and long-term cash optimization.
Deep involvement in the critical decision-making processes in adherence to financial regulations; the history of scaling the business for quick profits- setting the stage for growth by issuing fiscal and business decisions to boost cash flow.
Robust understanding data for determining the financial performance of various organizations and the ability to organize informa- tion and communicate in a clear and useful manner.
Worked in close coordination with all levels of management to gather, analyze, summarize and prepare recommendations regard- ing financial plans, acquisition activity, new business planning, trended future requirements and operating forecasts.
Vision Tax Consultancy, Abu Dhabi, UAE • Jan 2020 - Present
Manager (Finance/Tax/Audit)
Profit Forte Tax Consultancy, Abu Dhabi • Oct 2017 – Dec 2019
Manager (Finance/Tax/Audit)
Niranjan Ultrasound India Pvt Ltd (NUIPL), Kerala, India • Apr 2012 – July 2017
Finance Manager
Sales N Service, Color Doppler, Probe Lab & Vindhya Lab (Sister concerns of NUIPL)
Consultant Finance CAREE R CONTOUR
Value Proposition:
Drove strategies and overseeing the smooth functioning of VAT return requirements – Input Tax, Output Tax and Self Assessed Tax for enhanced financial operations and tax return filing. Introducing and implementing computerized accounting and provide timely advice and support in line with UAE VAT for companies.
Key Deliverables:
Exploring profitable opportunities and working on business models to achieve organizational and growth objectives.
Developing financial statements and assess accounts for accuracy and regulatory compliance and communicated monthly opera- tional performance results.
Emerging realistic plans to foster innovation programs to sustain and accelerate the future growth of organizational initiatives. Ensuring that all of the Company's financial practices are in line in statutory regulations and legislation.
Playing a stellar role in inspecting internal systems and controls; reporting systematic errors or fraud indicators. Explaining audit findings and recommend solutions. Verifying assets and liabilities by comparing items to documentation
Providing MIS reports and relevant analysis to clients and give advisory regarding financial planning, working capital management, and other finance-related matters. Developing high-quality strategies and plans. Ensuring strategy alignment with objectives.
Delivering support in the development of annual budgets for the Company. Developing team on an ongoing basis, including but not limited to professional development, performance planning and management, etc.
Supporting the client to keep accounting records and other commercial books as per UAE VAT law.
Look after the registration, amendment and de-registration of Value-Added Tax (VAT) and administered timely advice and support in line with UAE VAT for numerous companies; assessed and prepared the VAT Return for each tax period within the time limit and submit to the FTA following the Tax law and also submitting Reconsideration application to Federal Tax Authority.
Carried out the VAT reconciliation with the books of accounts for audit purposes and conducted the verification of financial reports and records for its accuracy and reliability.
Developed and delivered financial and project reports for investors, partners and stakeholders. Introduced and maintained computerized accounting systems for various clients.
Produced and executed best practices to standardize internal control and procedures of client's companies. Analyzed operational processes and provide financial planning advisory on business structures, and operation to enhance profitability and efficiency.
Value Proposition:
Evangelized the transformation of business & financial outlook; successfully developed and implemented strategic tax planning for all necessary federal and state taxes.
Key Deliverables:
Accountable for the preparation, presentation, and analysis of quarterly financial statements and discussion with the board of directors. Offered financial support & analysis to teams for strategic business decision & cost savings initiatives. Aligned all financial strategies with overall corporate and business plan to achieve the objectives of the company.
Carried out the verification of financial reports and records for its accuracy and reliability; conducted the analysis of revenue and expenditure trends and recommending appropriate budget levels and ensuring expenditure control.
Successfully managed monthly financial reports showing actual versus budget variations, cash flow forecast, P and L, key cost drivers analysis, trends, and risks as well as areas that require managerial attention.
Commended financial actions by analyzing accounting options available. Managed cash flow; supervised financial accounting activity. Carried out the deduction & filling of income tax returns.
Collected financial information and generate profit & loss account every month by summarizing current financial status.
Developed statement of financial position and opinion of comprehensive income at the end of each financial year. Liaison work with external auditors, banks, and regulatory agencies.
The Institute of Chartered Accountants of India • Mar 2009 – Mar 2012 Articled Assistant
Mathew & Thankachan Chartered Accountants, Kerala, India • Apr 2006 – Mar 2009 Accountant
Planned and performed operational and financial audits. Identified business process risks. Performed internal audit and prepared audit reports with recommendations. Developed best practices to enhance operational performance and productivity.
Led a team of accountants to drive activities about the finalization of financial statements and tax accounting and monthly tax return filing with the tax department. Conducted E – Filing of Income-tax, Service Tax, VAT, and TDS returns.
Developed reconciliation of bank statements, accounts payable, accounts receivable periodically. Monitored team performances, conducting performance reviews against agreed goals, and ensuring effective staff development on an ongoing basis.
INITIA L CAREE R GLIMPSE
Key Deliverables:
Accountable for the preparation of Audit program and execution of audits (Internal & Statutory).
Carried out the audits under Sales Tax, Income Tax Act and Companies Act; Prepared detailed reports on audit findings. Examined records and interview employees to ensure recording of transactions and compliance with laws and regulations.
Statutory Audits of Bank Branches as per the Prudential norms on Income Recognition & Asset Classification (IRAC Norms) and concurrent audit of banks;
Collected and analyzed data to detect deficient controls, duplicated effort, extravagance, fraud, or noncompliance with laws, regulations, and management policies.
Reviewed data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
Reported to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Prepared, analyzed, and verified annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
Preparation of Income tax returns of companies, firms, trusts & individuals and E – Filing of Income tax, Service Tax, VAT, and TDS returns. Preparation of Trial Balance, Profit & Loss Account, Balance Sheet, analysis and interpretation of the same through ratios.
Reviewing accounting entries during the course of audit to ascertain the respective overheads balance. Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.