JIBU JACOB MATHEW, Senior Accounting Supervisor

JIBU JACOB MATHEW

Senior Accounting Supervisor

Kirby Building systems, Kuwait – A subsidiary of Alghanim Industries

Location
Kuwait - Al Farawaniyah
Education
Master's degree, Finance and Marketing
Experience
21 years, 10 Months

Share My Profile

Block User


Work Experience

Total years of experience :21 years, 10 Months

Senior Accounting Supervisor at Kirby Building systems, Kuwait – A subsidiary of Alghanim Industries
  • Kuwait - Al Ahmadi
  • My current job since September 2012

Role: General ledger, Accounts Payable, Treasury and Risk Management Controls.

 Supervising a team of 6 employees.
 Monthly Hyperion Reporting
 KPI reporting
 Input for yearly Budgeting and subsequent reforecasts.
 Risk Management control test reviews and implementing new controls in place.
 Fund management and approving deals
 Approval of all types of Payments, LC opening and accounting of Journal entries.
 Balance Sheet Reconciliations
 Approving any changes in Master data in SAP (GL accounts, Cost centre, Fixed Assets, Vendor accounts)
 Review Payroll and Bank activities.
 Preparation of yearly financials in accordance with IFRS for Ernst and Young Audit.
 Draft policies and Standard operating procedures to improve productivity and compliance.
 SAP Power user and trainer.
 Automations and stream lining of SAP Process

Assistant Manager/ Financial Specailist at Shell India MArkets Pvt Ltd
  • India - Chennai
  • My current job since April 2008

Process: SAP Migration for Downstream business in India (Jan 2011 till date)

 Primary Responsibilities:
 Conversion of General Ledger data from Legacy SUN system to SAP.
 Validation of data submitted for Fixed Assets, Inventory, Account Receivable, Account payable.
 Preparation of mapping tables for GL Accounts, Profit Centre & Cost Centre.
 Validation of data after upload of trial conversion data to SAP quality assurance system.
 Confirmation Acceptance testing for SAP and BW activities.
 Training of End users on General Ledger processes.
 General Ledger Super User.

Process: General Accounting (Manage Close team) (April 2008 - Dec 2010)

 Primary responsibilities:
 Monitoring monthly billing and analyzing Intra Group billing.
 Analysis and reviewing of Balance sheet accounts and preparation of Balance Sheet reconciliations.
 Reviewing and supervising the activities of Inter Group team.
 Calculating and processing Revenue and Cost Accruals.
 Reviewing monthly Tax provisions.
 Recording and Approving of necessary period close Journal entries for Monthly, Quarterly and Yearly book close.
 Submission of Balance Sheet and P&L Quarterly to group based on Group Chart of Accounts, analyzing the variance and submission of necessary supplementary information.
 Preparation and Management of all classified records for control purposes.
 Monthly feedback discussion with team members.

 Additional responsibilities
 Monthly KPI (Key Performance Indicator) reporting for all Manage close activities performed from SBSC Chennai for all entities.

 SAP ERP Migration responsibilities:
 Part of the Business Impact Assessment team for the ERP migration happened in Jan 2010 (from JD Edwards to SAP (ECC 6.0)).
 Data cleansing and conversion of closing balance for Balance Sheet accounts and Sub ledgers.

Process Analyst at Accenture Services Pvt Ltd
  • India - Chennai
  • February 2006 to February 2008

Process : General Accounting (Inter Co. Accounting)

 Responsibilities:
 Process lead for the Inter Company team for UK, Nordics and Central Europe regions.
 Preparation of Sub ledger Reconciliations & Balance Sheet reconciliations.
 Calculation of Provisions and Accruals.
 Preparation of Aging Report with specific comments on aged items for the Group reporting.
 Additional responsibilities:
 Processing of Manual as well as Automatic Journals as a part of the period end activity in SAP.
 BCP (Business Continuity Program) SPOC

Process : Accounts Receivable

 Responsibilities:
 Execute billing program and correction of errors.
 Month end reporting on Outstanding.
 Creation of Quarterly provisions.
 Reconciliation of Receivable accounts.
 Cash allocation to respective customer accounts from Bank statements and Cheques received.
 Credit Management.

Senior Accountant. at M/s Bitstream Sales and Services, Kerala
  • India
  • December 2002 to June 2003

 Responsibilities:

 Maintaining books of accounts.
 Maintaining inventories.
 Calculating incentives on the basis of orders.
 Preparation of salary statements.
 Preparation of Financial Statements.

Audit and Accounts Assistant at M/s Mathew Philip Chartered Accountant,
  • India
  • October 1999 to November 2002

 Responsibilities.
 Done auditing work of various Private, Public and Semi-Government Companies.
 Assisted in Statutory Bank Audits conducted by the firm in the above years.
 Worked as Accountant for Kulathunkal Automobiles & Kulathunkal Electronics on behalf of M/s Mathew Philip Chartered Accountant.
o Responsibilities:
 Verification of cash vouchers, bank transactions, Sales Invoices, Accounts receivables, Purchase Invoices, Accounts Payables.
 Verification of Stock.
 Preparation of Final Accounts and its Schedules.

Education

Master's degree, Finance and Marketing
  • at Hindustan College of Engineering
  • July 2005
Bachelor's degree, Accounting
  • at Bethany College, Trivandrum (University of Kerala)
  • June 1999

Specialties & Skills

sap fico
Accounting
MIS Reporting
Core Accounting
SAP - FICO
MS WORD & Powerpoint
SUN ERP
JD Edwards
MS - Excel

Languages

English
Expert
Hindi
Expert
Malayalam
Expert