Senior Accounts Executive
Oman Insurance Company
Total years of experience :27 years, 1 Months
Senior Accounts Executive - (From Oct. 1993 to date)
Oman Insurance Company - One of the leading and reputed Insurance Company - Dubai
Responsibilities:-
➢ Responsible for timely completion monthly, quarterly and year end books of accounts closings.
➢ Preparation Cash flow statement etc.
➢ Preparation of various budgets and report to the management on variances from the established budget, and the reasons for those variances.
➢ Organizing and coordinating internal and external audits, ensuring smooth completion of quarterly and annual audits, reviewing and implementing audit recommendations
➢ Supervise the payment procedure for local and overseas suppliers and exercise internal controls so that payments are made as per approved terms, for goods and services supplied.
➢ Effective follow up on the Insurance & Reinsurance companies local & abroad outstanding collection, maintain report and resolve the accounting and reconciliation issues.
➢ Proactively approached in streamlining major accounts of the company resolving the age old issues to the mutual satisfaction of both the parties
➢ Monthly and quarterly facultative and treaty payments to reinsurance companies
➢ Preparation of Daily cash collection summary from customers, Insurance Companies and brokers.
➢ Data base maintenance of Customers, brokers, Insurance Companies and creation and maintenance of Account code of the same.
➢ Preparation of agency commission, Maintaining staff loan and debtors and final settlement of employees.
➢ Preparation of MIS reports to enable management to make strategic/operational decisions from time to time.
➢ Supervising the bank reconciliations.
CURRICULUM VITAE
ABDULLA A.V
Mob : 00971 553613173
Email:
Synopsis
• Endowed with a passion for winning as evinced through demonstrated excellence
in the academics & extracurricular areas
• Acquired practical knowledge through various training & academic projects
• Keen learner with constant zest to acquire new skills
• Good communication & organizational skills
Professional Experiences:
Senior Accounts Executive - (From Oct. 1993 to date)
Oman Insurance Company - One of the leading and reputed Insurance Company - Dubai
Responsibilities:-
Responsible for timely completion monthly, quarterly and year end books of accounts closings.
Preparation Cash flow statement etc.
Preparation of various budgets and report to the management on variances from the established budget, and the reasons for those variances.
Organizing and coordinating internal and external audits, ensuring smooth completion of quarterly and annual audits, reviewing and implementing audit recommendations
Supervise the payment procedure for local and overseas suppliers and exercise internal controls so that payments are made as per approved terms, for goods and services supplied.
Effective follow up on the Insurance & Reinsurance companies local & abroad outstanding collection, maintain report
University of Calicut, India.
Accounts Supervisor- January 1985 - April 1986)
Software Solutions, Calicut, India
Responsibilities:-
➢ Assisting in the Preparation of Trial Balances, Income statements etc.
➢ Preparing and verifying payroll, and wages.
➢ Maintaining general ledger, purchase ledger, sales ledger and Bank reconciliation etc,
➢ Preparing and verifying journal entries including accruals, prepayments, wages etc.
➢ Typing letters and maintenance of files, Ensure the smooth running of the office functions.
Re Insurance Accountant - April 1986 to October 1993
M/s. Alliance Insurance Company, Dubai. (former Credit and Commerce Insurance Company)
Responsibilities:-
➢ Preparation and maintenance of Facultative register, Facilitative and treaty closing,
➢ preparation of various broadax to various Insurance companies relating to premium and claims,
➢ Reconciliation of various general ledger accounts.
➢ Quarterly Treaty and Facultative payment to various Insurance and Reinsurance Companies and reconciliation on statement of accounts.
1986: Master of Commerce (M Com) University of Calicut, India.
1981: Bachelor of Commerce (B Com) University of Calicut, India.