Senior Financial Accountant
Al Baker Group
Total years of experience :18 years, 4 Months
Al Baker is a 45 years old company engaged in pharmaceuticals business having GCC authorization with GSK, Abbott, Pfizer etc also in FMCG Commodities and owned real estate business with around 6.5 Billion U.A.E. AED. Properties both in Sharjah and Dubai.
Creditability: Designed Real Estate, Finance Module in J D Edwards (Database-Oracle 10g).
Areas of Responsibilities:
Propelling an entire battery of Accountants, Cashiers, Receivables, Payables & Leasing Executives for the division work including:
- Reporting on Real Estate Properties Revenue Statement.
- Reporting on over 21 Banking Activities for collections of revenues from entire properties.
- Reporting on Cost Centres fixed up on Properties.
- Reporting on daily basis for Leasing, Renewals and Occupancy verses Vacancies Reports.
- Reporting on Legal, delinquent tenant receivables to Chief Financial Officer.
- Reporting on Running Projects Payment Certificates.
- Reporting on Project Financials & Budgeting.
- Reporting on Fund Flow Statements and Finance requirements for the Projects.
- Drafting of Budgets, Forecasts and Overheads Statements.
- Finalizing of Annual Accounts for Auditors. (Ernst & Young)
- Preparation lead schedules for Auditors.
It is Real Estate Company dealing with its owned properties situated in Dubai and Sharjah with an approximate leasing income of AED. Three Hundred Millions.
Position Held: Group Accounts Manager - Real Estate and Projects Division since February 2006.
Creditability: Designed Real Estate, Finance and HR Module in Oracle Financials 9i.
Areas of Responsibilities:
Propelling an entire battery of Accountants & Cashiers for the group work including:
- Reporting on Real Estate Properties Revenue with Income Analysis Report.
- Reporting on over 12 Banking Activities for collections of revenues from entire properties.
- Reporting on Cost Centres fixed up on individual Properties.
- Reporting on Running Projects Payment Certificates from Project Consultants.
- Reporting on Project Financials & Budgeting.
- Reporting on Fund Flow Statements and Finance requirements for the Projects.
- Drafting of Budgets and Overheads Statements.
- Finalizing of Annual Accounts for Auditors. (Aldar Audit Bureau & BDO Patels)
It was a construction company with a number of divisions supporting the entire project in terms of Civil, MEP, and Joinery etc.
Creditability: Set up the entire course of accounting activities with number of additional functionality
Areas of Responsibilities:
- Finalization of Project Accounting and Monthly Cost Control Statements.
- Budgeting Creditors & Administrative payments.
- Staff planning, Interviewing and recruiting staff.
- Bank Material Finance and Vehicle Leasing Documentation.
- Controlling Cash Flow and Fund Flow statements.
- Purchase pricing and quantitative decision-making.
- Constant Cost control on the running projects.
- Preparation of Budgets & Overheads statements.
As an Auditor/Accounts head in M/s Shantikumar Loonker & Associates Group of Chartered Accountants I handle the following responsibilities.
- Finalization of Audits as per Companies Act 1956 & Income Tax Act 1961.
- Accounts System Analysis & Documentation.
- Audit cum Accounts Planning & Implementation.
- Organizing, Monitoring & Controlling Accounts cum Auditing Process.
- Participating in Tax Planning & Organizing meeting for Strategic Decisions.
- Active Link between Top Management & Working Staff.
- Finalization of Audit/Accounts includes some of Listed Companies which are:
- HITACHI POWER TOOLS LTD JAPAN.
- VALVOLINE CUMMINS LTD AUSTRALIA.
- FUJITSU CABLES LTD JAPAN.
- BIRLA 3M LTD GERMANY.
- RELIANCE INDUSTRIES LTD.
- GUJARAT AMBUJA CEMENTS LTD.
- TATA GROUP OF COMPANIES LTD.
- ELECTREX INDIA LTD BANGALORE.
- PODDAR TYRES LTD.
- BEDROCK TYRES LTD.
- BAJAJ GROUP OF COMPANIES LTD.
As an Accounts division in charge in the said company I was also a member of Sales Tax Practitioners Association for arrangement of Workshop and Seminars based on New Tax Laws.
- Accounts writing as well as finalizing with seniors as per Income Tax Laws on computers as well as manually.
- Preparation of Final Accounts & Filing it to the Income Tax/Sales Tax and Company Law Departments.
- Attending Cases of Scrutiny before the Commissioner of Taxation with the Letter of Authority.
- Preparation of Statements for Assessment of Income Tax and Sales Tax.
- Registration of Companies/Partnership Firms/Joint Stock Companies/Sole Proprietary
- Obtaining the Certificate from Income Tax/Sales Tax and Companies Act.
- Tax audit and Accounts of Charitable Trusts.
1. Bachelor of Commerce - University of Bombay - 1993 - 1998 2. 3 Years Apprentice - Institute of Chartered Accountants of India 1998 - 2001 3. Associate of Taxation - Sales Tax Practitioners Association of Bombay 1996 - 1998