Ramsid Nayanveettil valappil, Senior accountant

Ramsid Nayanveettil valappil

Senior accountant

Maan Unique Investment

Location
United Arab Emirates
Education
Bachelor's degree, B.com
Experience
15 years, 8 months

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Work Experience

Total years of experience :15 years, 8 months

Senior accountant at Maan Unique Investment
  • United Arab Emirates - Dubai
  • My current job since September 2022

• Preparation of financial statements, ensuring accuracy, compliance with accounting standards, and timely reporting. They analyze financial data to identify trends, variances, and potential issues.
• Lead a team of accountants or financial analysts, guiding their work, assigning tasks, and reviewing their output.
• Budgeting process, collaborating with other departments to create realistic budgets and forecasts and monitor actual performance against budgets.

• Ensuring compliance with accounting principles, regulations, and internal policies is crucial. Establish and maintain internal control procedures to safeguard assets and ensure accurate financial records.• Liaise with auditors, prepare audit schedules, and ensure all necessary documentation is available for internal and external audits.
• Ensuring compliance with tax laws, preparing and filing tax returns, and optimizing tax strategies to minimize liabilities.

Senior Accountant at Makstylo Interiors LLC
  • United Arab Emirates - Dubai
  • May 2021 to July 2022

FINANCIAL REPORTING:
• Manage the accumulation and consolidation of financial data necessary for an accurate accounting of total business result.
• Coordinate and prepare financial statement / report for the Chief executive officer and Board of Directors.
• Prepare and adjust entries, account, bank reconciliation and financial statements.
• Prepare various schedule and analysis of significant account balance.
AUDITS:
• Confer and Coordinate for Audits with the Internal and External Auditors.
• Conducts various audit procedures such as receivable and payable confirmation, materiality determination, enquiries and analytical procedures.
• Work closely with Auditors during yearly audit.
PROJECTS AND GENERAL:
• Maintain project-related records, including contracts and change orders.
• Authorize the transfer of expenses into and out of project-related accounts.
• Budget and Cost controlling.
• VAT Filing.
• Review and approve supplier invoices and time sheet for works related to a project
• Review and approve overhead charges to be applied to a project
• Review account totals related to project assets and expenses
• Investigate project variances and submit variance reports to management
• Confer with receivables staff regarding unpaid contract billings
• Report on project profitability to management
• Report to management on any opportunities for additional billings
• Report to management regarding the remaining funding available for projects
• Create or approve all project-related billings to customers
• Investigate all project expenses not billed to customers
• Approve the write off of any project-related billings that cannot be billed to or collected from customers.
• Generating Project Revenue based on POC
• Close out project accounts upon project completion

Sr Accountant at Corodex Industries Co LLC
  • United Arab Emirates - Abu Dhabi
  • May 2014 to June 2020

FINANCIAL REPORTING:
• Manage the accumulation and consolidation of financial data necessary for an accurate accounting of total business result.
• Coordinate and prepare financial statement / report for the Chief executive officer and Board of Directors.
• Prepare and adjust entries, account, bank reconciliation and financial statements.
• Prepare various schedule and analysis of significant account balance.
AUDITS:
• Confer and Coordinate for Audits with the Internal and External Auditors.
• Conducts various audit procedures such as receivable and payable confirmation, materiality determination, enquiries and analytical procedures.
• Work closely with Auditors during yearly audit.
GENERAL & PROJECT ACCOUNTS:
• Maintain project-related records, including contracts and change orders.
• Authorize the transfer of expenses into and out of project-related accounts.
• Budget and Cost controlling.
• Review and approve supplier invoices and time sheet for works related to a project
• Review and approve overhead charges to be applied to a project
• Review account totals related to project assets and expenses
• Investigate project variances and submit variance reports to management
• Confer with receivables staff regarding unpaid contract billings
• Report on project profitability to management
• Report to management on any opportunities for additional billings
• Report to management regarding the remaining funding available for projects
• Create or approve all project-related billings to customers
• Investigate all project expenses not billed to customers
• Approve the write off of any project-related billings that cannot be billed to or collected from customers.
• Generating Project Revenue based on POC
• Close out project accounts upon project completion
ACCOUNT RECIEVABLES:
• Manage with the entire responsibility of analysis the account receivables and aging report thereof.
• Reconcile account receivable with the client.
• Create innovative revenue system that increases the overall growth of the Organization.
• Resolves collection and invoice discrepancy matters.
• Verify details of transactions, including funds received and total account balances.
• Coordinate with bank for L/C

Accountant & Payable Specialist at Corodex
  • United Arab Emirates - Abu Dhabi
  • January 2010 to May 2014

ACCOUNT PAYABLE:
• Maintain a high level of customer service in accordance with Service Level Agreements and provide consistent, timely and accurate delivery of accounts payable services to clients through managing and conducting daily operational activities.
• Contribute to the operation and integrity of the departmental accounts payable system and ensure accounts payable functions are delivered effectively and efficiently for clients.
• Ensure all goods and services ordered are received and the authority used for the purchase, complies with government legislation and local policies before processing payments of accounts.
• Undertake a range of operational activities associated with accounts payable including providing an escalation point for complex queries, providing advice to clients and vendors, creditor file maintenance, monthly reconciliations, invoicing and claims management and other relevant duties as required.
• Maintain the records of accounts payable by filing all source documents and system generated reports, and prepare reports and other documentation for management when requested.
• Conduct research on payment errors due to error in data entry.
• Process and fulfill check requests and wire transfers.
• Payment against L/C documents.
• Petty Cash Supervising and Booking.

ACCOUNTING STAFF:
• Inventory control and supervising yearly stock taking.
• Send and process Credit Memos and Purchase Order.
• Check and Confirmation of concern approval in order to issue Purchase Order .
• Assist in maintenance and completion of general ledgers.
• Contact customers concerning payment dues and account collection.
• Preparing of Cash Flow Reports
• Rectify escalated accounts payable issues from employees and vendors.
• Setup and maintenance of vendor database and vendor filing system.
• Preparation of Voucher, Ledger, Journal Entry and Invoices.
• Preparation of Sales and Purchase Report.
• Coordinate with Bank for Bank Guarantee.

Secretary cum Accountant at Concorde Trading Co. LLC
  • United Arab Emirates - Abu Dhabi
  • April 2008 to January 2010

Petty Cash Handling, Following Department head and Project Manager Instructions, Document Control, Time keeping and Coordinate with HR & Payroll Dept. All the incoming and outgoing documents Scan and file for reference, eventually archived for the required period, make the entire document’s summary reports as very clear for easy reference, Prepare and control all documents (Tender Documents, Materials Submittal, Shop drawings, Inspection request, Request for Information, Handing Over files, Monthly Contractor Payment Certificate and All Correspondences Incoming & Outgoing …etc.)

Accountant at RedOrange
  • India
  • August 2007 to May 2008

Sales and Purchase Entering, Preparation of Monthly Stock Report, Salary payment preparation, Attendance management & inventory updates account Department, Preparing of Cash Flow Reports, Preparation of Sales and Purchase Report, Daily, Monthly and Yearly Accounting Report preparation and submitting to the Top Level Management

Education

Bachelor's degree, B.com
  • at Calicut University, Kerala
  • April 2006

Specialized in Finance

Specialties & Skills

Purchasing
Instructions
Preparation
Materials
Payroll
Tally & Peachtree
ERP - Microsoft AX
Projects
Computer Software
Reporting
Ms office
Computer Hardware
Budgeting

Languages

English
Expert
Hindi
Intermediate
Malayalam
Expert

Hobbies

  • Foodball, Cinema