Senior Accounts Professional over 19 years of experience in Accounts And Finance in United Arab Emirates and Saudi Arabia.
____________________________________________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
Worked as Senior Project Accountant in ADNOC Project, Al Ruwais, Abu Dhabi (Contract Value AED 485 Million)
PC Literate with technical proficiency in ERP (Dynamic Navision), Quick Books, Tally, EZware and MS Office.
________________________________________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.
Resume of Titus Alex - Page 1 of 3
___________________________________ORGANISATIONAL EXPERIENCE_______________________________________
Since July - 2019 till date with M/s. Alba-Tec Construction And Development LLC, Abu Dhabi as Chief Accountant
Since Oct-1999 till June -2019 with M/s. Amana Steel Buildings Contracting Co. LLC, Dubai, UAE.
Amana is the regional contracting leader in the design-build construction of industrial and commercial facilities, with over 900 buildings constructed across the region (www.amanabuildings.com)
Position held : (6 Years as Finance Manager and 14 years as Senior Accountant with Amana Steel Buildings Contracting Co. LLC, Dubai, UAE)
Role:
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 VAT filing, Preparation of TAX invoices and handling of VAT related issues with clients and suppliers.
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.
Since Jan’1996 to Sept’1999 with M/s. Al Mahan Trading & Contracting Co. Dammam, Saudi Arabia
Position held : Senior Accountant
Role:
o Manages all accounting procedures related to operations (G/L maintenance, accruals, expense charge-off, journal entry preparation, payroll processing, and inventory control including inventory reconciliations).
o Provides management with monthly and yearly inventory control statements, and reconciles book values to physical inventories
o Assists the Finance Controller in the preparation of financial data required for forecasting and/or planning
o Responsible for payroll preparation and reviews, monitoring and distribution of payroll costs to appropriate general ledger accounts and cost center, and disbursement.
o Performing that the Company has the financial resources (Petty cash) to adequately manage its daily business
o Assist to setting up, prepare, consolidate of the Company’s annual budget by information gather from all Cost Centre managers
o Review the accounting reports (accounts receivable / accounts payable / petty cash book) for accuracy and completeness and follow-up for receivables.
o Review and analyze monthly results to ensure accuracy of financial statements, making accruals and adjustments as needed
o Prepare invoices, reviewing support documentation; obtain Project Engineers approval and send to the client.
o Calculation of Employee Leave Salary, End of Service Benefits as per UAE law
o Maintain fixed asset register.
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.
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__________________________________________ IT SKILLS________________________________________________
• Presently working in ERP - Microsoft Navision ( Accounting Software)
• Conversant with MS Office, Tally, Dac Easy, EZware, Quick Books.
__________________________________________EDUCATION________________________________________________
• Bachelor’s Degree in Commerce - B Com (Accounts, Finance, Costing & Tax) from Kerala University, Kerala, India.
• Pre- Degree from Kerala University, Kerala, India.
• Diploma in Computer Application from Datatechnology Instruments and Technology, New Bombay, India.
• Passed Trade Test for the position of Accountant from Agnel Industrial Training Institute, Bombay.
________________________________________PERSONAL DETAILS____________________________________________
o Date of Birth : 05 March 1973
o Languages known : English, Hindi and Malayalam
o Nationality : Indian
o Marital Status : Married
o Driving License : UAE Driving License.
o Visa Status : Job Visa
In submitting the above information, I hereby confirm that, every details stated herewith is true and legal to the best of my knowledge and belief.
Titus Alex
Dubai