CHANDRASEKARAN SIVAPANCHANADAM, CHIEF ACCOUNTANT

CHANDRASEKARAN SIVAPANCHANADAM

CHIEF ACCOUNTANT

TIME MACHINE GROUP

Location
United Arab Emirates - Abu Dhabi
Education
Bachelor's degree, COMMERCE & ACCOUNTING
Experience
38 years, 1 Months

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Work Experience

Total years of experience :38 years, 1 Months

CHIEF ACCOUNTANT at TIME MACHINE GROUP
  • United Arab Emirates - Dubai
  • My current job since November 2012

Monthly Financial reporting of accounts.
Review of daily sales, cash collection of retail sales outlets.
Monitoring of daily cash flow analysis.
Co-ordination of Admin, Statutory Compliance and HR functions.
Analysis and providing inputs for E-commerce project.
Review of Actual versus Budgeted costs.

FINANCIAL CONTROLLER at SSC CONSOLIDATION LLC
  • United Arab Emirates - Dubai
  • July 2011 to February 2012

Responsible for Monthly financial reporting, Control receivables/payables.

Preparation of budget after coordinating with operations/sales and marketing department.

Review of processes in respect operations, sales, finance and implementation of procedures.

Overall review of accounting to General Ledger, Accounts Payable, Revenue, and accounts receivable and system check in respect of data integrity.

FINANCE CONTROLLER at ETIHAD AIRWAYS
  • United Arab Emirates - Abu Dhabi
  • September 2008 to May 2011

Monthly revenue reporting of holidays business. Analysis of financial statements and reporting of cost variance.

Coordination and providing inputs for budget preparation and review process

Review and implementation of procedures in respect of Cash collections, Credit Card transactions, revenue and sales document.

Overall review of accounting to General Ledger, Accounts Payable, Revenue, and accounts receivable and system check in respect of data integrity.

Review of accounting processes and preparation of process documents and accounting flow for financial interfaces.

Implementation of holidays tour package accounting system and interfacing with Oracle Financials in respect of AR/AP/GL

Preparing and reviewing the processes for User acceptance test for all the new interfaces.

OUTSTATION FINANCE SUPERVISOR at ETIHAD AIRWAYS
  • United Arab Emirates - Abu Dhabi
  • May 2005 to August 2008

Responsible for airways overseas accounting operations.

Obtaining necessary approvals from the respective approving authorities for accounting entries passed by the airways’ overseas operations wherever required.

Validation of outstations fixed assets, materials transactions and related accounting entries including, write off and disposal.

Monitoring fund transfers and Banking operations of Bank Accounts maintained by airways overseas operations.

Coordinating with outstations and H.O. Team on Budgeting, Finalization of Accounts and audits.

Review and accounting of daily sales of overseas operations.

Month end closing/ Coordinate with stations to close AP, AR, CM, FA, GL modules.

Providing various reports relating to outstation Accounting.

Reconciliation of various accounts and preparation of schedule.

Giving user support to outstations and sorting out queries as part of implementation of Oracle Financials.

Conducted various User level Training program on Oracle Functionalities on AP, AR, CM, FA, GL modules.

Traveled to many outstations as part of station review/audit. Also trained outstation staffs on Oracle functionalities as part of Oracle roll out to outstations.

ACCOUNTANT at GULF AGENCY CO. LLC
  • United Arab Emirates - Dubai
  • May 1995 to May 2005

Accounting of receivables/payables after analyzing and verifying job revenue/ costing.

Verification and approval of supplier invoices.
Scrutinies of debtors account and follow up of payments.

Reconciliation of Ledger accounts and closing of monthly Accounts.

Preparation of accounting schedules, interacting and clarifying queries with auditors during interim and year end audits.

Dealt with Insurance cover for fixed assets, cash, Vehicles and lodging of claims.

Forecast of monthly and annual revenue/expenditure and preparation of Budget.

ABC analysis of customer wise revenue, based on daily cargo movement, closing inventory/number of inbound & outbound shipments.

Analysis of transport cost/warehouse utilization.

JUNIOR MANAGER - ACCOUNTS at ITC BHADRACHALAM PAPER BOARDS LTD.
  • India - Hyderabad
  • October 1993 to April 1995

Passing of Purchase invoices and maintenance of Creditors ledger.

Accounting of Fixed Assets, including Bill passing, Project Capitalization and creation of fixed assets register.

Preparation of daily/monthly production/and cost variance analysis.

General Ledger scrutiny and closing of monthly accounts.

Preparation of Accounting schedules and inventory valuation.

ACCOUNTANT at SINGER (INDIA) LTD.
  • India - Hyderabad
  • February 1990 to September 1993

Preparation of Bank & Branch reconciliation.

Sales invoicing and Debtors accounting.

Physical Inventory check and reconciliation.

Well conversant with statutory compliance such as Sales tax/ Income tax, filing of monthly/Annual returns, and attending sales tax assessments covering three states in India.

ACCOUNTANT at INDIA HOUSING FINANCE & DEVELOPMENT LTD.
  • India - Chennai
  • September 1987 to February 1990

Preparation of Trial Balance and Maintenance of Ledger Accounts.

Monitoring of daily cash Flow.

Preparation of projected cash flow for projects.

Follow up and collection of EMI.

ACCOUNTS ASSISTANT at NEW NELSON WATCH CO.
  • India - Chennai
  • June 1985 to July 1987

Consolidation of daily sales of different retail outlets.

Periodical physical inventory check of stock.

Preparation of ledger accounts and regular accounting and admin functions.

Education

Bachelor's degree, COMMERCE & ACCOUNTING
  • at UNIVERSITY OF MADRAS
  • June 1985

Specialties & Skills

Microsoft Excel
Accounting
Financial Accounting
BUSINESS OBJECTS
USE OF MACROS
ORACLE FINANCIALS
MS OFFICE EXCEL
MS OFFICE WORD

Languages

English
Expert
Tamil
Expert
Hindi
Intermediate