Bujair Ikbal Parappurath, Senior Accountant

Bujair Ikbal Parappurath

Senior Accountant

Alwan al-Hayat Hypermarke

Location
United Arab Emirates - Dubai
Education
Master's degree, Financial Accounting
Experience
18 years, 7 months

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Work Experience

Total years of experience :18 years, 7 months

Senior Accountant at Alwan al-Hayat Hypermarke
  • United Arab Emirates
  • February 2017 to December 2017

Managed the full spectrum of accounting functions for the outlet, creating monthly and yearly financial reporting
analysis and processes.
* Monitor day to day financial operations within the company to maintain adequate accounting control.
* Oversees financial department employees set goals and objectives, and design a frame work for these
to be met.
* Oversee consolidations, MIS, and finalization of accounts.
* Provide financial reports including cashflow statements and interpret financial performance to higher
management to aid in long-term and short-term decision making.
* Review Actual with budget and provide variance analysis to GM.
* Verify, allocate, post and reconcile accounts payable and receivable.
* Manage supplier relations with improved P2P turnaround time.
* Manage treasury, liaising with banks for treasury related issues.
* Conduct fixed assets counts to ensure the correctness of the fixed asset registers.
* Prepare and submit quarterly VAT returns.
* Monitor inventory flow regular basis and manage annual physical stock taking
* Balance sheet account reconciliations.
* Review and process monthly payroll payments through the WPS payroll file.
* Review and pass accrual and prepayment entries.
* Performing month and year end closing process.
* Assist preparation of budgets and forecasts
* Review financial data on monthly basis ensuring correctness of record and proper reconciliations.
* Direct internal and external audits to ensure compliance
* Performing Ad hoc tasks as they arise.

Senior Accountant at Kanoo Logistics
  • United Arab Emirates
  • November 2015 to January 2017

Supervised the assigned areas of accounting and related transactions. Worked closely with Finance Manager
and related departments on internal control, audits, and relevant data inputs in order to ensure group’s financial
statements are accurate and transactions are in compliance with Company’s policies and procedures, regulatory
requirements, and financial and accounting standards.
* Manage day to day finance operation of the Dubai and NE division.
* Administer the billing to corporate clients.
 Financial reporting and analysis
 Treasury
 Strong organizational skill/Team player
 Excellent communication skills
 AP/AR
 GL Reconciliations
 Payroll
 Attention to detail
* Prepare and post necessary journal entries in to company’s ERP.
* Ensure the general ledger and the listing of accounts receivable, accounts payable, assets, other
liability accounts, equity accounts and the reconciliation of accounts are maintained.
* Review and prioritize the invoices for payments, accounts payable cheques, and online transfers in
order to ensure the payments are made timely and as per the terms and conditions.
* Review AR Aging Report to ensure follow up for payment is conducted timely on all accounts. Provide
guidance to billing staff to ensure timely resolution of billing discrepancies, rejections.
* Review balance sheet accounts and reconcile monthly basis.
* Prepare Balance Sheet schedules and ensure to maintain accurate GL balances.
* Support Finance Manager in Budgeting and Forecasting activities.
* Assist FM in monthly and yearly closing procedures.
* Assist FM in preparing the monthly entity financial statements for the organization.
* Monitor internal system to ensure the safety of the company's assets.
* Liaise with and provide all relevant information to Internal and External Auditors.
* Assist in implementing and following up on the audit actions in order to ensure compliance with the
required standards and accounting regulations.
* Prepare Ad hoc reports as and when required by FM.

Accounts Officer at Kanoo Travel
  • United Arab Emirates
  • May 2002 to October 2015

Responsible for managing the accounting functions of this leading Group’s Travel Division engaged in the
business of - TRAVEL TRADE and producing AED. 1 billion Annual Gross sales revenues.
* Managing and controlling day to day processing of accounts functions of the organization
* Monitoring Incentives received from various Airlines and coding and accounting various outlets based
on the respective sales revenue.
* Monitoring Accounts Payable function which includes IATA fortnight payments, verification and booking
of supplier invoices, processing online payments and timely settlement of invoices
* Receivable management which includes coding receivables through pos invoices mailing, handling
cash receipts and processing interdepartmental transfers.
* Ensures that sales and refunds are accurately recorded to ensure up to date information.
* Performing BSP reconciliation and making SSAN if necessary.
* Performing inter-company accounting and reconciliation.
* Assisting Accounts Manager in month-end/year end closing procedures.
* Liaison with the internal and external Auditors.
* Performing Ad hoc tasks as they arise.

Assistant Accountant at Emirates Macaroni Factory
  • United Arab Emirates
  • May 2001 to April 2002

Managed the accounting operation of the company producing AED. 150 million monthlies in Gross sales revenue
engaged in the business of FMCG Products manufacturing having staff strength over 60. The main focus of
responsibility was on managing the accounting functions of the company.

Education

Master's degree, Financial Accounting
  • at University Of Calicut
  • May 1998

-

Bachelor's degree, Accounting
  • at University Of Calicut
  • March 1996

B.com -Cost Accounting

Specialties & Skills

Accounts Receivable
Accounting
Financial Accounting
ACCOUNTANCY
MANAGEMENT
PRODUCTION
ACCOUNTS PAYABLE
CLOSING

Languages

Arabic
Beginner
English
Expert
Hindi
Expert

Training and Certifications

Logistics and Supply chain Management (Training)
Training Institute:
Blue Ocean Academy
Date Attended:
June 2007
Duration:
48 hours

Hobbies

  • Reading