VAT Accountant
Israhz Universal
Total years of experience :8 years, 9 Months
o Develop reports and tools that provide timely, insightful business analysis.
o Regularly review key controls operated by the teams being supported to ensure they are being adhered to.
o Conduct Internal Control meetings and perceive if all the procedures have been adhered to.
o Prepare monthly Cost Control measuring actual to forecast for each department
o Consolidate vast amount of data and reports of two entities in the Middle East.
o Monitor and control expenses within the local analytical structure.
o Analyze progress key action plan achievement and suggest improvements for more cost efficiency.
o Prepare forecasts and coordinate monthly forecasts meetings with the Top Management.
o Monitor budget process and update on quarterly basis.
o Manage the realization of the Strategic Plan and CAPEX requests with the Top Management.
o Support sales by providing profitability of orders, pricing guideline and approval on quotations prices.
o Report working capital and monitor inventories and overdue receivables.
o Manage additional project teams with head of departments.
Back up and challenge managers on their saving action plan, lead related committees.
o Analysis of profitability per order before and after invoicing of orders.
o Preparation of monthly Sales Invoices, Trail Balance, Profit & Loss Statement and Balance Sheet as per IFRS.
o Budgeting and Forecasting for each quarter.
o Preparation and Analysis of Liquidity Planning for subsequent months.
o Mid of Month Volume of Accounts for each Bank Account held in foreign currency.
o Handling of Payables.
o Updating Payables and Receivables and preparation of forecast muster for maintenance of funds and savings in Loss on foreign exchange.
o Single handedly managed entire Accounting function and submitted reports to Head Office - Germany
o Preparation of Risk Map stating:
Risk Area
Risk Control Measures
Risk Detection System
Risk Communication & Documentation
o Comparison of financial performance of competitors with Marico Group and detailed analysis of EBT, EBITDA, PAT & PBT on CAGR basis.
o Collection & Analysis of Inorganic growth of other entities and its comparison with Marico.
o Adoption of Due diligence along with the auditors of target companies.
o Ready yearly budgets, monthly estimates, and intentional plans for operating division. Improved complexity and accurateness of the budgeting & forecasting.
o Compared real expenditures to budget, inspected variances. Generated different computer models and analytical tools to facilitate variance analysis.
Reason for leaving: Consequent marriage and shift of residence to Dubai.
CHARTERED ACCOUNTANCY COURSE FROM ICAI. EXAMS UNIVERSITY /BOARD YEAR OF PASSING SCORE CA Final ICAI Nov – 2009 50.50% (1st Attempt) CA PE-II ICAI May – 2007 62.50% (1st Attempt) CA PE-I ICAI May - 2006 73.75% (1st Attempt) EXAMS UNIVERSITY /BOARD YEAR OF PASSING SCORE M. COM Part I University of Mumbai April - 2009 74.25%* *Scored 100/100 in Cost Accounting paper. M. COM Part II University of Mumbai April – 2010 70.50% T. Y. BCOM University of Mumbai March- 2008 85.14% (2nd Rank in Bhavans College) HSC Board of Maharashtra March - 2005 83.00% (3rd Rank in Bhavans College) SSC Board of Maharashtra March – 2003 77.60% *Scored 100/100 in Cost Accounting paper.
