Lulu Meril, Financial Analayst

Lulu Meril

Financial Analayst

Hewlett Packard Middle East FZ LLC Dubai

Location
United Arab Emirates - Dubai
Education
Higher diploma, Managment Accounting
Experience
19 years, 0 months

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Work Experience

Total years of experience :19 years, 0 months

Financial Analayst at Hewlett Packard Middle East FZ LLC Dubai
  • United Arab Emirates - Dubai
  • My current job since February 2010

Profile Summary
• HPE Spin Offs and Mergers
• VAT Implementation Project
• Business Continuity Planning
• Opening Balance Sheet Methodology
• Corporate Governance
• Balance Sheet Segmentation
• Bank Guarantee Issuance
• Balance Sheet Reviews
• Statutory Audits
• Variance Analysis
• Proficient in SAP and MS Office
• Tax Filing
• Intercompany Accounting and Reconciliations • Fixed Asset Management and Accounting
• Compliance and Controls
• CSR and Employee Engagement

A. Hewlett Packard Middle East FZ LLC (HPE) - Feb 2010 - Present - Financial Analyst (Reporting to Financial Controller)

• Part of the Project Team representing Controllership team for VAT Implementation in GCC.

• Controllership SME for the PPC Implementation for UAE liaising with the project team and the banking partners HSBC and Citibank, with 100 % Phase1 UAT success rate.
• Managed working on the Spin Merge transactions of HPE for UAE entities, for the 3 spin-merges which the company underwent. Liaising with banks and other institutions for setting up new accounts to be operational on the Day 1 of the new entities

• Handled EY External audits for UAE, Egypt and Netherlands Entity liaising with counterparts from the respective countries.

• Managing the Balance Sheet Reviews, Statutory Audits and Tax Audits for the entity registered in Netherlands and operating in Middle East and Africa covering the non-presence countries.

• Closely worked with external local tax advisors in Kuwait Qatar and Oman, towards Tax Audits and Tax Filing to clear backlog from 2004 arising out of tax exposure on the grounds of the Permanent Establishment.

• Preparing and providing detailed revenue analysis to management, internal and external auditors and government authorities.

• Subject Matter Expert for Intercompany Process and Fixed Asset Accounting for entities on non-standard platform.

• Liaising with Dubai Government for Foreign Investment and Statistics center surveys for UAE.

• Ensuring Balance Sheet Controls in place through appropriate reconciliations and by monitoring balance movements on a monthly and quarterly basis.

• Working on month end close related activities including preparing AR/AP Ageing preparing, processing of monthly general accounting journals, posting general accruals relating to payroll and operating expenses of the entities handled.

• Closely interacted with the banks on, issuing bank guarantees, updating the signatory list and Power of Attorneys and ensure smooth relations with the bank by having monthly meetings with the Relationship Managers.

• Reviewing and approving employee expense claims on behalf of the Controller, as a part of the compliance related duties assigned.

• Finance contact for HPE Employee Engagement Committee, organizing events for Social Club Members and managing and accounting the funds for the same

Asst. Operations Manager at Hewlett Packard Global Business Operations
  • India - Bengaluru
  • March 2005 to January 2010

1. Assistant Operations Manager - Nov 2008 to Jan 2010 ( Reporting to Operations Manager)

• Supervise and coordinate the activities of a team of 20 constituting of process associates/ senior process associates, 2 team leads and 1 business process analysts to ensure prompt, courteous and accurate response to customers and process issues and ensure an efficient and qualitative operation through effective planning, leading, controlling and organizing. Ensure consistency in Metrics achieved and SLA’s maintained by the team with strict adherence to quality parameters, drive quality initiatives, review the SOX controls defined as per the SOX audits and ensure controls are in place on an on-going basis. Overseen a team of Internal Control within the process to perform audits for the process and ensure the controls in the place and recommend on observations and non-conformities.

• Manage the performance appraisal process for the entire team every 2 months and provide candid feedbacks. Interact with other departments like HR and administration to develop and maintain effective rapport and to resolve issues and inquiries pertaining to policies, statutory compliances, and administrative requirements. Manage and facilitate growth opportunities for the individuals in the team. Responsible for the staffing functions for the team handled, identifying, monitoring & promoting talent within the team.

2. Process Lead and Finance Intern (Reporting to Assistant Manager Operations)
Joined HP as a Financial Analyst in 2005 and was a part of the Intercompany Operations taking care of Inter Company inventory and service billing accounting and clearing Intercompany mismatches. Got promoted as the Process Lead in Nov 2007 and was managing a team of 7 team members, taking over, day to day operations, streamlining process issues, ensuring consistency and improvisation in performance which are in line with Statement of Work, the responsibility to report the Key Performance Indicators to Worldwide Global Functions Lead.

Education

Higher diploma, Managment Accounting
  • at Institute of Managment Accountants.
  • June 2018

Pursuing Part 1 and Part 2 CMA course and progressing to appear for the exams in the next available open window

Master's degree, Managment Accounting
  • at Chartered Institute of Management Accounting
  • November 2013

Pursuing CIMA from Dubai

Bachelor's degree, Financial Accounting and Economics
  • at University of Mumbai
  • March 2003

Graduate with Commerce with First Class

Specialties & Skills

Financials
Financial Analysis
Financial Reporting
Auditing
Tax Audits
Analytical
Computer

Languages

English
Expert
Hindi
Expert
Malayalam
Intermediate
Marathi
Expert
Kannada
Intermediate
German
Beginner

Hobbies

  • Cooking, Travelling and Music