Senior Accounts Professional with over 12 years of operational experience in accounting and financing in the industries of contracting & construction and retail in UAE and in India.
____________________________________________SKILL SET _______________________________________
Preparation of Financial Reports TAX Returns / VAT accounting Maintaining Books of Accounts
Accounting Operations Cash & Fund Management Banking Operations
Compliance/Account Receivables & Payables Documentation Payroll Administration
Fixed Assets Accounting General Ledger Supervision
______________________________________CORE COMPETENCIES____________________________________________
Accounting Functions
• Overseeing day-to-day accounts related activities in coordination with internal / external departments for smooth financial operations with expertise in implementing accounting and financial procedures, internal control procedures
• Presenting a true and fair view of the financial position of the company by way of timely preparation of monthly & annual reports and ensuring analysis of the expenditure on a monthly basis to control expenses
• Handling monthly payroll processing and disbursement involving processing of leave travel assistance, medical claims, joining expenses with reference to policies, final settlements and controlling management & employee payrolls
• Steering transfer of staff salary & labour wages to the bank with W.P.S (Wages Protection System); involved in payroll processing entailing computation of salary, preparation of salary certificates and assessment; processing joining / separation orders, increments, promotion orders, etc.
• Overseeing advance controls for advance payments, supervising Sub-contractor & Supplier's payments and processing sub-contractor payment certificate
• Following up for bills receivables after invoicing to clients conducting ageing analysis with an aim to keep receivables under control and ensuring that all payments are made to suppliers within the stipulated time frame
Fund Management / Budgeting
• Liaising with banks for optimum utilisation of available cash credit limit and taking care of financial systems by means of proper budgeting
• Managing and assigning fund for bank payment, salaries & wages payment and L/C payment
• Budget forecast and various analysis.
• Instituting internal control systems viz. receivables, payables, inventory as well as keeping a constant vigil over overhead expenses.
___________________________________ORGANISATIONAL EXPERIENCE_______________________________________
Since Dec’16 with Seidco General Contracting Co. LLC, Abu Dhabi, UAE
Seidco is the Abu Dhabi based contracting company in the civil construction including industrial, commercial and residential facilities, with over 100 buildings constructed across the region.
Position held : Senior Accountant
i. Compliance of Group Accounting Policies and IFRS standards.
ii. Quarterly and Annual closing of the books and variance analysis
iii. VAT filing, Preparation of TAX invoices and handling of VAT related issues with clients and suppliers.
iv. Control cash positions, payments and cash flow management.
v. Collections follow up with clients and PPC discounting on monthly basis.
vi. Processing of Letter of Guarantee, Letter of credits and other finance related documents.
vii. Supervision of Bank reconciliation, Bank Confirmations and control utilization of company facilities with bank for each project.
viii. Supervising payables of suppliers and sub-contractors.
ix. Other reports and support to CEO, CFO & General Manager.
Since Jan’08 to Nov’2016 with Amana Steel Buildings Contracting Co. LLC, Dubai
Amana is the regional contracting leader in the design-build construction of industrial and commercial facilities, with over 500 buildings constructed across the region.
Growth Path:
Since Jan’2011 : Senior Accountant
Jan’08-Dec’2010 : Accountant
Role:
As Senior Accountant:
o Compliance of Group Accounting Policies and IFRS standards.
o Quarterly and Annual closing of the books and variance analysis
o Preparing Financials, Handling Auditors in final yearend audit.
o Preparation monthly client invoicing and follow ups.
o Inter-branch and interdivision accounting, Preparing Invoicing and debit notes.
o Processing of Letter of Guarantee, Letter of credits and other finance related documents.
o Bank reconciliation and cash flow management.
o Proper insurance policies are in place to safeguard company assets against the foreseeable risks.
o Accounts Receivables & Supervising payables of suppliers and sub-contractors.
o Preparation of payroll documents through WPS system.
o Preparation and checking of staff final and leave settlements.
o Maintain of Fixed asset schedules and depreciation entries.
o Support to Finance Manager and CFO for various activities and reports.
o Review of Sub contract Accounting
o Monitoring the inventory valuation in the project & Store
o Assist the Finance Manager in finalizing the standard cost rates on different activities
o Initiating cost allocation and cost absorption between the departments and activities
o Assist in budgeting, forecast and variance analysis.
o Reporting on MIS related issues and improvements.
As Accountant:
o Processing of payroll through WPS System
o Carried out bank and reconciliation activities.
o Verification of companies ledger accounts
o Day to day accounting activities.
o Handling of petty cash.
o Handling of accounts payable and reconciliation of supplier statements and follow up for LPO’s and
Subcontractor agreements from contracts / Procurement departments.
Dec’04 to Dec’07 with Sana Fashions, Dubai, UAE as Accountant
Retail chain of fashion stores in the Emirates, Qatar and Saudi Arabia
Jan’03 to Oct’04 with Chirag Printers, Mumbai, India as Accounts Assistant
__________________________________________ARTICLESHIP________________________________________________
Period Sep’99-Sep’02
Organisation Binoy & Co (Chartered Accountants), Cochin, India
Role Article Trainee
__________________________________________ IT SKILLS________________________________________________
• Presently working in company’s OWN ERP, Amanatech, Microsoft Navision & Epromise.
• Conversant with MS Office, Tally.
__________________________________________EDUCATION________________________________________________
• B.Com. from University of Mahatma Gandhi, Kerala, India
• Pre- Degree from University of Mahatma Gandhi, Kerala, India
• Advanced Diploma in Computer Application, ET & T, India.
________________________________________PERSONAL DETAILS____________________________________________
Date of Birth 29th April 1979
Address Flat No. 207, Mohd. Al Sharif Building, Ind. Area1, Sharjah, UAE
Languages Known English, Hindi and Malayalam
Driving License Valid UAE Driving licence.