ABDUL RASHEED KESAVATH PARAMBIL, Finance Manager

ABDUL RASHEED KESAVATH PARAMBIL

Finance Manager

Saudi Gulf Airlines

Location
Saudi Arabia - Dammam
Education
Diploma,
Experience
23 years, 7 months

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Work Experience

Total years of experience :23 years, 7 months

Finance Manager at Saudi Gulf Airlines
  • Saudi Arabia - Dammam
  • My current job since February 2016

Responsible for day to accounts Payable operations
GL review and monthly closing

Senior Finance Officer - Accounts Payable at Etihad Airways
  • United Arab Emirates
  • November 2003 to February 2016

1Lead and manage the team of 9 direct staff in Payments and 40 indirect in house staff and 42 outstation staff and responsible for all aspects of Accounts Payable activities specially on cash management and payment process
• Plan, direct and supervise the activities of the personnel in the Accounts Payable section, ensuring that the section’s work program is achieved.
• Manage the Accounts Payable process, ensuring that all client vendors are paid in a timely and efficient manner.
• Ensure compliance with all contractual payment policy terms and conditions.
• Random review of Proposals for Payment (authority for the bank to pay).
• Maintain and control all Accounts Payable data to meet the requirements of internal and external auditors and to ensure conformity of information to acceptable standards.
• Follow-up on invoices where the authorisation to pay has not been provided in a timely manner.
• Monitor existing accounting policies, procedures and systems and assist in the development and implementation of new accounting systems and procedures to meet the changing requirements and anticipated future needs of the business.
• Address the resolution of issues for the Accounts Payable process which may be raised through an internal audit.
• Review and post vendors payments in ERP
• Ensure any vendor master data changes in ERP are confirmed and approved.
• Review and approve the section activity weekly reports and discuss with the Head of Financial Reporting and Other Accounts Payable Team leaders .
• Ensure all Section personnel are adequately coached and evaluated to meet the requirements of their role and the organisation.
• Lead the section, coaching and appraising staff and monitoring performance against set objectives by providing continual feedback using I achieve program
• Participate in the identification, evaluation and recruitment of qualified personnel for the Section’s and Department’s work.

SENIOR ACCOUNTANT at UAEMALL.COM
  • United Arab Emirates - Abu Dhabi
  • September 2000 to October 2003

Duties and Responsibilities: Senior financial executive with overall responsibility for financial and accounting function of a 2m e commerce trading co.


Scope of responsibility is broad and includes accounting, financial analysis and reporting, treasury and cash management, corporate banking, budgeting, credit management, A/P, A/R and employee benefits. Responsible for daily operations, managing the finance, accounting, inventory and staff. Preparing various management reports such as Balance Sheet, Income Statement and cash flow statement etc. Controlling Receivables and Payables, fixed assets according to organization’s policies and procedures. Maintenance of proper records of organizations employees and management and accounting of its payroll. Preparing Annual Budget, contracts etc. Interacting with Auditors, Investors, Banks and other financial institutions and representing the organization in related issues.

Accounting Software used Peachtree Accounting 2003

Education

Diploma,
  • at INSTITUTE OF MANAGEMENT ACCOUNTNAT
  • May 2014

Preparng for CMA exam in May-14 Economics. Finance, Management, financial Accounting & Reporting, Management reporting, Analysis, Behavioral Test, Decision Analysis and Information Systems

High school or equivalent, Financial Accounting , Audit and Taxation
  • at Institute of Chartered Accountants of India
  • December 1991

CA Inter Group 1

Diploma, CA INTER MEDIATE GRI INTER & FINAL COURSE COMPLETED
  • at INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
  • September 1990

Advanced Accounting, Management Accounting, Cost Accounting, taxation, Auditing, Information Technology, Economics, Business Statistics and mathematics, Operation Research etc. Bachelor of Commerce

Bachelor's degree, COST ACCOUNTING
  • at UNIVERSITY OF CALICUT
  • April 1987

Banking, Cost Accounting, Financial Accounting, Business Economics, Auditing and Statistics etc.

Specialties & Skills

Oracle Financials
Accounts Payable
Accounting
MS EXCEL-MS WORD -MS POWER POINT
Peach Tree Accounting
ERP-ORACLE FINANCIALS
mis reporting
payroll
annual budgets
analysis
auditing
planning
accounting
team management

Languages

English
Expert

Memberships

Institute of Management Accountant
  • Student
  • May 2007

Training and Certifications

Course Completion (Certificate)
Date Attended:
January 2013
Valid Until:
January 2013
Course Completion (Certificate)
Date Attended:
January 2005
Valid Until:
January 2005

Hobbies

  • Chess
  • Travel
  • Painting
  • Reading Books on History , Politcs and Travel