Tinkoo Joy

• Responsible for day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow
management reporting for submission to Head Quarters in Dubai
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project
teams in analyzing margins, variances and cost analysis.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns

Overall Role:
Establishing an effective and independent internal audit service for the management support .Managing a sound Internal Control System within the company guidelines through planning, supervising and reporting the results of all internal audits and related assignments with recommendations wherever applicable.

Duties and Tasks:
 Plans financial audits by understanding organization objectives, structure, policies, processes, internal controls and identifying risk areas; preparing audit scope and objectives; preparing audit programs.
 Assesses compliance with financial regulations and controls by executing audit program steps; testing general ledger, account balances, balance sheets, income statements, and related financial statements; examining and analyzing records, reports, operating practices, and documentation.
 Verifies assets and liabilities by comparing and analyzing items and collateral to documentation
 Preparing special audit reports when asked for by the management on various aspects which include asset management, decision support systems, MIS etc.
 Assist in identification of process inefficiencies and make recommendations for improvement.
 Perform audits and review internal controls of various divisions and functional areas to safeguard the assets of the firm.
 Responsible for planning, data collection, analysis, and interviewing key personnel.
 Communicate and follow up with key personnel on all findings and work with them on remediation efforts.
 Assist external auditors with year-end inventory audit procedures.
 Preparation of Internal Audit Planner for each FY.
 Audit for daily sales contracts (Including Cash, In-House, Finance contracts)
 Review & Renew Vehicle Scrap / Oil Contracts as per Market trends.
 Review Repeat and Warranty JC’s.
 Submit monthly Internal Audit report to Management.
 Review and Audit of Payroll, Leave and Final Settlements ( AS per KLL )
 Audit - Rental Division Contracts - Check for Maintenance of process documentation.
 Review and Audit New / Used Car Sales Contracts / Stock reports
 Year End Petty cash/ Inventory reconciliation for all dept.’s.

Designation: Senior Accountant - Reporting to the Finance Manager.
Project - Sezva Coffee
Accounting Package: Microsoft Dynamics

Designation: Cost Controller - Reporting to the F&B Manager - Al Corniche Club
Recipe package - Micros
Period: May2011 - May 2013.

Senior Accountant Duties and Tasks:
 Daily sales updating and cash deposits to bank.
 Processing Bank Reconciliation.
 Updating bank balances.
 Passing entries for cash deposits and sales.
 Preparation of petty cash payments.
 Preparation of supplier payments.
 Preparation of Payroll every month.
 Updating of Assets register.
 Maintaining Provision sheet for Leave and Indemnity.
 Processing of Accrued and Prepaid Exp.
 Preparation of Cash Flow report.
 Preparation of Cost of sales Sheet.
 Preparation of Trial Balance.
 Preparation of P/L and Balance sheet.
 Preparation of Management reports.

Cost Controller Duties and Tasks:
 Monitors the performance of all departments, particularly food and beverage through the efficient maintenance of control procedures established by management
 Update recipe in Micros and check for Cost Vs GP
 Liaises with purchasing team as well as chefs to ensure accurate costing for food and beverage
 Ensures accurate preparation of all paperwork associated with the movement of all food and liquor stocks to outlets
 Monitors food and beverage performance through analysis of daily food covers, sales and cost reports
 Undertakes stock takes and produces food and liquor stock summaries
 Controls food and beverage budget expense lines.
 Takes a proactive approach to activity concerned by Cost Control, anticipating potential opportunities.
 Keeps abreast of newest trends and innovations in the hospitality industry

Accounting Package: Oracle
Designation: Inventory Controller/ AP Executive: Reporting to the Finance Manager

Inventory Controller Duties

Data Collection
 Construct data accumulation systems for a cost accounting system.
 Review the controls needed for data accumulation and reporting systems.
 Updating of recipe and raw materials in the RMS. (Recipe Management System)
Inventory
 Coordinate physical inventory counts and cycle counts
 Investigate cycle counting variances and resolve issues
 Update standard costs in the bill of materials
 Review standard and actual costs for inaccuracies.
 Validate the cost of goods sold as part of the month-end close.
 Accumulate and apply overhead costs as required by generally accepted accounting principles
 Work with the materials review board to locate and dispose of obsolete inventory.

Analysis
 Report on breakeven points by products, work centers, and factories.
 Report on margins by product and division.
 Report on periodic variances and their causes, focusing in particular on spending variances.
 Perform cost accumulation tasks as a member of the target costing group

Key Benefits:
 Reduce F & B expenses.
 Positive bottom line benefits and considerable cost savings.
 Shifting the focus from maintaining inventory to providing a great guest experience
 Substantial savings from detailed inventory tracking

Accounts Payable Executive Duties:
 Ensure timely payment of invoices and vouchers from Clients.
 Prepare/ review reports for financial statements to ensure accuracy.
 Prepare and propose strategic plans on payment and account reconciliation.
 Provide information to senior management and implement new policies

Designation : Accounts Payable Specialist: Reporting to the Finance Manager

Duties and Tasks:
 Reconcile Vendor accounts on a monthly basis.
 Reconcile payable reports each month to confirm that all amounts paid were accurate
 Maintain petty cash accounts and log all outgoing disbursements.
 Monitor all vendor payment agreements to find discounts that can be used to reduce invoice amounts
 Keep track of credits owed to the company and ensure all credits are properly applied to vendor payments