Dinesh Shetty, Accounting Manager

Dinesh Shetty

Accounting Manager

AZADEA GROUP HOLDING W.L.L

Location
Bahrain
Education
Doctorate, Advanced Financial Management, Corporate Reporting, Audit & Assurance
Experience
25 years, 5 Months

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Work Experience

Total years of experience :25 years, 5 Months

Accounting Manager at AZADEA GROUP HOLDING W.L.L
  • Bahrain - Manama
  • My current job since April 2018

Direct Accounting and Finance function of a growing Retail Fashion (Zara, Massimo Dutti, Pull & Bear, Boggi & others), Food & Beverage (Paul, Butcher Shop, Columbus café & others) & Multimedia (Virgin) Company. Supervise three team members (Seven before Shared Service) and oversee financial Reporting, financial audits, in accordance with IFRS. Develop and manage external financial relationships (e.g., banks, auditors, insurers) and constantly look for ways to strengthen overall financial performance and improve the accuracy of financial statements.
• Strategic Reporting - Finalization of Financial Projections annual exercise, Sales forecast, Road Map, Business & strategic Plans, Flash Reports, FC Reports to the CFO, Board meeting presentations & Quarterly reviews.
• Corporate Reporting - Responsible for the preparation of Group Corporate Reporting package and submitting it to the Regional after Auditors certification for consolidation of Group Financials annually.
• Management Reporting - Developed MIS Reports templates, Store Performance reports, and various reports required by the management - Simulations, feasibilities and other non-routine reports.
• Budgeting - Budgeting exercise for Finance & accounting department; assisting other departments; consolidating the Country’s budget and reporting it to Regional Office annually. Monthly budget comparison with variance analysis.
• Auditing - Responsible for the completion of year-end statutory audit, reviewing the draft financials and obtaining the Audited financials for Board approval within deadline. Managing internal audits requirements.
• Banking - Bank facilities, Working capital management, Cash flow forecast, Forex template, Forex dealings with banks in coordination with Group Treasury team. Finalizing the Bank’s Facility Offer letter, periodic review forms and other required documentation by the banks.
• Taxation - Responsible for the periodic filing & payment of VAT to the VAT authority in collaboration with the team members & the External Tax Consultants.
• Accounting Modules - Working knowledge of Bank reconciliation, Fixed Assets & Intangible assets, General Ledger Entries, Provisions, Prepaid amortization, Compulsory and adjustment entries, such as dividends, Profits transfer to reserves and revaluation for investment in Equity as per IFRS9.
• Shared Service Project - Assisted Ex. Financial Controller in the Shared Service project, including banking (Host to Host) and other documentations, assisting the team with the automation process in various modules such as sales, payment, GL, Vouchering, Visual Lease and others.
• Process Enhancement - Worked as a Bahrain representative for process enhancement i.e., testing, analyzing, identifying & reporting errors or anomalies for the regional automation project in various modules of ERP - JD Edwards (Reporting platform - Hyperion, Audit Reporting package, Prepaid, Payroll integration, Asset, Account reconciliation, Bank reconciliation, Sales module, Integrity check, Lease module, Monetary valuation, etc.). VAT Implementation in coordination with the consultant & regional.

Asst. Accounting Manager at AZADEA GROUP HOLDING W.L.L.
  • Bahrain - Manama
  • September 2016 to March 2018
Senior Accounting Specialist at AZADEA GROUP HOLDING W.L.L.
  • Bahrain - Manama
  • March 2008 to August 2016
Accounts Executive at Y. K. ALMOAYYED & SONS
  • Bahrain
  • January 2007 to January 2008

Management Reporting - Assist Finance Manager in MIS reporting.
• Accounting - Performed A/P and A/R functions; Reconciliation and accruals

Accountant at JAWAD BUSINESS GROUP
  • Bahrain
  • October 2005 to December 2006

Accounting - Performed A/P and A/R functions; Daily sales and receipts

Accounts Executive at MOHAN SRIHARSHA & ASSOCIATES
  • India
  • March 2003 to July 2005

Management Accounting - Preparing, reviewing & analyzing financial statements of the clients.
• Taxation - Performed Tax computation of individual clients and small firms.
• Auditing - Performed auditing of individual clients and small firms; part of Internal Auditors team of Eserve
International (Citi Bank BPO).
• Deputation Accounting - Part of outsourced Accounting team of Kellogg’s India Pvt. Ltd., Performed A/P and
A/R functions; reconciliation and accruals

Accounts Executive at EXPERT EASE INDIA PVT. LTD
  • India
  • January 2001 to February 2003

Management Accounting - Preparing financial statements.
• Accounting - Performed A/P and A/R functions; reconciliation and accruals

Accounts Assistant at SUNIL SHETTY & CO
  • India
  • August 1998 to December 2000

part-time; concurrent with college studies)
• Management Accounting - Preparing, reviewing & analyzing financial statements of the clients.
• Taxation - Performed Tax computation of individual clients and small firms.
• Auditing - Performed auditing of individual clients and small firms.
* Professional References upon request

Education

Doctorate, Advanced Financial Management, Corporate Reporting, Audit & Assurance
  • at ACCA
  • January 2017

courses: Chartered Certified Accountant,

Master's degree, Advanced Financial and management Accounting,Auditing and taxation
  • at University of Mumbai
  • June 2005

Master Of Commerce

Bachelor's degree, Financial Accounting and Auditing
  • at University of Mumbai
  • August 2001

Bachelors of Commerce

Specialties & Skills

Hyperion
Oracle Financials
JD Edwards
QuickBooks
MS Office Automation
ACCOUNTANCY
AUDITING
TAXATION
BUDGETING
MANAGEMENT/CORPORATE REPORTING
FINANCIAL MODELLING
BANKING & FINANCE

Social Profiles

Personal Website
Personal Website

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Languages

English
Expert
Hindi
Expert
Marathi
Expert

Memberships

Association of Chartered Certified Accountants
  • Chartered Certified Accountant
  • April 2017

Training and Certifications

ACCA (Certificate)
Date Attended:
April 2017