Ramakrishnan Subramaniam, REGIONAL FINANCE CONTROLLER

Ramakrishnan Subramaniam

REGIONAL FINANCE CONTROLLER

PIONEER SHIPPING AGENCY LLC

Location
United Arab Emirates - Dubai
Education
Diploma, IFRS
Experience
24 years, 5 Months

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Work Experience

Total years of experience :24 years, 5 Months

REGIONAL FINANCE CONTROLLER at PIONEER SHIPPING AGENCY LLC
  • United Arab Emirates - Dubai
  • My current job since February 2003

Regional Co-ordination
• Preparation of Financial statements, Cash flow statements periodically and report to the Management on timely basis
• Preparation of Balance sheet schedules and reconciliations
• Preparation of revenue and cost schedules of business unit-wise and consolidation of the same on a monthly basis for ascertaining the overall financial strength of the Region and reconciling with management reports
• Implementation of Internal Controls and Monitoring in Regional Offices
• Heading Internal Audit / Internal Check and periodically review the audit findings of all business units
• Periodical Analysis of existing System to identify the loopholes, implement controls to plug the loopholes and timely update to Management
• Preparation of appropriate Variance Reports, updating the Management if any deviations for necessary actions.
• Approving monthly General Statement of Account to the Principal’s of all business units in the region
• Monitoring Financial Operations of the Regional Offices and Daily update/ status on Collections, Fund position & Bank Reconciliations.
• Analysis of Accounts Receivable & Accounts Payables of all business units by assessing ageing reports
• Supporting Regional Logistics and Operations Team
• Preparation of Final statements for Management Approval for declaring Dividend and arranging to disburse Dividend after .
• Liaison with the IT Dept. and Online support through-out the period
• Ensuring the collection, deduction and payment of VAT, Withholding and other Local taxes periodically
• Liaise with Statutory Auditors in getting the accounts audited of the Regional Offices.

Banking & Finance
• Dealing with Banks/ Exchange house for overseas Fund transfer, arranging for temporary Investment of surplus Funds and Employee’s Gratuity funds
• Assessment of working capital requirement
• Arranging remittance to the principals on weekly/ monthly basis

Budgeting & Accounts
• Preparing MIS reports, Budgets and Financial statements
• Involvement with daily operational account matters
• Co-ordination with operations and sales divisions for issues pertaining to documentation and budgeted profits
• Co-ordination with shipping lines (principals) for any queries related to disbursements, collections and others
• Ensuring consistency, accuracy and timely delivery of periodical reports to the principals on or before due date
• Additional follow ups for outstanding collections and related queries from shipping lines
• Assisting finalization and consolidation of accounts up to Balance sheet and coordinating with Auditors.
• Monitoring collections and payments.
• Submitting Details/ Reports required by management as and when required

IT & Accounting Practitioner - Self Employed at IT & Accounting Practitioner - Self Employed
  • Other
  • April 2000 to November 2002

• Preparation and submission of Tax returns as per the Income tax act & Sales tax act
• Representing on behalf of clients with Income tax department & Sales tax department
• Tax planning and TDS related matters
• Preparation of Accounts on part-time basis
• Outstation assignments undertaken on behalf of other consultants
• Providing lectures on Financial accounting & Income tax at Small Scale Industrial Training Institute

ACCOUNTANT at PLACE N SPACE
  • Other
  • September 1999 to March 2000

• Maintaining accounts and preparation of Trail balance, Profit & loss account, Balance sheet and preparation of periodic collection reports.
• Preparation of periodical Account receivable with aging analysis and monitoring outstanding.
• Preparation of pay roll.
• Preparation of Bank reconciliation statement
• Preparing and filing of quarterly and annual tax returns according to Service tax act and Income tax act.
• Handling administrative work and related correspondences.

Education

Diploma, IFRS
  • at The Institute of Chartered Accountants of India, Dubai Chapter
  • March 2012
Master's degree, Accounting/ Finance/ Auditing
  • at The Institute of Chartered Accountants of India
  • May 2005
Bachelor's degree, B.Sc. - Mathematics
  • at C.K.N. College
  • May 1997

Specialties & Skills

Accounting
Auditing
Internal Audit
Team Leadership
MS office - Excel, Word, Power point
Accounting Packages

Languages

English
Expert
Tamil
Expert
Telugu
Expert
Hindi
Intermediate
Malayalam
Intermediate

Memberships

Institute of Chartered Accountants of India, Dubai Chapter
  • Member
  • September 2005
Indian Chartered Accountants Toastmaster club, Dubai
  • Member
  • May 2013

Training and Certifications

Advanced Excel Programme (Training)
Training Institute:
Institute of Chartered Accountants of India, Dubai Chapter
Date Attended:
August 2012
Forensic Audit (Training)
Training Institute:
Institute of Chartered Accountants of India, Dubai Chapter
Date Attended:
July 2013