ديفيا Augustine

•Lead end-to-end finance operations across multiple group entities spanning Retail, Hospitality, Security Services, Food Manufacturing, and Facilities Management - covering month/year-end close, consolidation under IFRS 10, budgeting and forecasting.
•Designed and deployed automated MIS reporting frameworks across 8 operating entities within 2 months, implementing automated intercompany balance reconciliation and IFRS-compliant working models using BI Tools and Advanced Excel.
•Manage end-to-end UAE Corporate Tax and VAT compliance for 15 entities (2 CT groups), driving registration/deregistration, filings, amendments, and health checks while leading transfer pricing coordination, FAR analysis, and consultant-led benchmarking.
•Own the monthly standalone financial review process for group entities; partner continuously with senior management on pricing strategies, Capex feasibility analyses.
•Manage external audits end-to-end - schedules, query resolution, and IFRS compliance - across group entities.
•Supervise and mentor a team of 8 accountants, driving timely month-end close and technical upskilling.
•Built and strengthened finance SOPs and internal controls covering budgetary control, AP, AR, GL, and reporting; performed periodic internal health checks, expense audits, and balance confirmations to ensure strict compliance and reporting integrity.
•Liaised with JAFZA, ADGM, DET Dubai, and DED Abu Dhabi for MOA amendments, license closures, and regulatory compliance; negotiated audit fees and consultant costs; coordinated e-Invoicing ASP meetings with IT; supported KYC and bank compliance; and managed vendor and customer escalations.

• Lead end-to-end finance operations across multiple group entities spanning Retail, Hospitality, Security Services, Food
Manufacturing, and Facilities Management - covering month/year-end close, consolidation under IFRS 10, budgeting and
forecasting.
• Designed and deployed automated MIS reporting frameworks across 8 operating entities within 2 months, implementing
automated intercompany balance reconciliation and IFRS-compliant working models using BI Tools and Advanced Excel.
• Manage end-to-end UAE Corporate Tax and VAT compliance for 15 entities (2 CT groups), driving registration/deregistration,
filings, amendments, and health checks while leading transfer pricing coordination, FAR analysis, and consultant-led
benchmarking.
• Own the monthly standalone financial review process for group entities, partner continuously with senior management to
evaluate pricing strategies, margin optimization frameworks, and Capex feasibility analyses for new business ventures.
• Manage external audits end-to-end (schedules, query resolution, and IFRS compliance) across group entities.
• Supervise and mentor a team of 8 accountants, driving timely month-end close and technical upskilling.
• Built and strengthened finance SOPs and internal controls covering budgetary control, AP, AR, GL, and reporting; performed
periodic internal health checks, expense audits, and balance confirmations to ensure strict compliance and reporting integrity.
• Liaised with JAFZA, ADGM, DET Dubai, and DED Abu Dhabi for MOA amendments, license closures, and regulatory compliance;
negotiated audit fees and consultant costs; coordinated e-Invoicing ASP meetings with IT; supported KYC and bank
compliance; and managed vendor and customer escalations.

Management Accountant’s Reporting
1. Preparation of month-end P&L, BS, Cash flow including the flash reports for Owner company and combined reports with operator company and other reports necessary for the group consolidation.
2. Participating and contributing in the strategic review and planning including preparation of yearly budget for owner company and consolidated budget with operator companies of Ain Dubai and Dubai Arena.
3. Reviewing and challenging the performance reports submitted by the operator companies and preparing the consolidated monthly performance review PPT deck & related reports for the senior management review regarding the key performance indicators including any additional meaningful insight and practical recommendations for the decision making.
4. Coordinating and Supporting Treasury, Financial Analysis and Budgeting, Compliance and Reporting department for their various requirements including Working capital management, implementation of IFRS, Quarterly and yearly audits, ad-hoc reports, forecasting and Budgeting and IC reconciliations.
5. Liaising with Internal and External Auditors, Banks, IT consultants, Other Group Business Units for the various requirements of Ain Dubai and Dubai Arena in coordination with operator companies finance team and other functions of finance.

General Ledger Accounting & Finalization
1. Accounting of month end Journal Vouchers, prepaid entries, and accruals for Owner company and Loading the TB of operator company in the operator’s books-maintained Owners side in Oracle using the TB mapping and pass necessary adjustment entries in operators’ books.
2. Ensuring compliance with IFRS, specifically, IFRS 9, 15, 16, 21, IAS 16 and IAS 36.
3. Migrating the books of accounts of owner companies and operator companies from Oracle EBS to Oracle Fusion. (Including UAT, Validation of data and Error fix).
4. Preparing the requisite details and coordinating with compliance department as per UAE VAT laws for monthly VAT filing.
5. Liaising with FA accountant to Account Additions and Deletions FA valuation, Depreciation and Amortization and Impairment of various assets of Ain Dubai and Dubai Arena.
6. Advice the operators for their queries on various accounting issues in coordination with various functions of finance.

Project Payments and Payable Accounting.
1. Reviewing the payment request raised by the operator companies for the day to day transactions, submit the payments for the approval based on bank mandate and give necessary clarifications to the approver.
2. Preparing the progress payments for the project payments by collating and combining the documents from various departments including validating the payment with the development budget.
3. Accounting of the invoices and payments in owners’ book by liaising with purchase department for completing the processes relating to PO.
4. Reviewing the Purchase requisition and purchase orders liaise with purchase department and Project managers to understand the nature of transaction and suggest the appropriate accounting codes to be used to raise the PR for various departments.
5. Preparing the weekly cash forecast for project payments and day to day operations including raising the cash call requests for large batch payments from the treasury department.
6. Liaising with operators and Treasury department for operator’s cash call requirements.
7. Liaising with various BU’s under DH to settle the IC payments for both owner and operator companies.

Others
1. Carrying out monthly IC reconciliations and ensuring that the transactions are entered in both the sides for avoiding the mismatch during reporting.
2. Following up the internal audit log pending actions by coordinating with BU’s under DHE and give necessary clarification to the IA for the pending actions.
3. Providing cross team and cross BU support and supporting other departments on finance team’s behalf.

• Owned the full accounting lifecycle for owner entities, preparing combined monthly MIS reports (P&L, Balance Sheet, Cash
Flow and schedules) across entities (Ain Dubai and Dubai Arena) using standardized group templates.
• Combined operator performance data with owner-level financials to produce comprehensive director-level review decks,
providing month-on-month (MoM, YTD) and budget variance insights directly to the Senior Management Team (SMT).
• Designed the project payment verification process and collaborated cross-functionally with project managers and vendors to
aggregate missing PRs, POs, and invoices, successfully clearing a significant backlog of stalled owner payments.
• Formulated annual operating budgets for owner entities, managing specific owner-level P&L line items including commercial
loan repayments, asset depreciation schedules, and operator management fees, and other expenses.
• Managed the Group-level internal audit log for Dubai Holdings entertainment division, partnering with various entities to
ensure timely compliance and resolution of all audit findings.
• Reviewed weekly operating cash flows forecast against automated budget trackers and conducted internal compliance checks
on high-value operator payments, coordinating with Group Treasury to secure working capital support within authority limits.
• Ensured strict IFRS and UAE VAT compliance across both owner and operator entities; prepared comprehensive IFRS working
templates to streamline month-end closings and managed quarterly external audit cycles end-to-end.
• Played a key role in the Oracle EBS to Oracle Fusion migration, including UAT and data validation.

•Owned the end-to-end month-end close cycle and general ledger accounting, ensuring strict IFRS compliance (IFRS 9, 10, 15, 16, 21; IAS 16, 36) across accruals, prepayments, provisions, and intercompany reconciliations.
•Managed advanced revenue recognition under IFRS 15, accurately calculating Contract asset, contract liabilities and contract costs to deliver precise monthly management accounts (P&L, Balance Sheet, Cash Flow) to UK regional leadership.
•Coordinated annual budgeting, strategic planning, and monthly forecasting, executing deep-dive variance and Price-Volume-Mix (PVM) analyses to evaluate organic growth and product profitability.
•Led the implementation of 'OnGuard' collection software to automate tracking and accelerate debt recovery, while managing IFRS 9 ECL provisions and cash optimization strategies to improve DSO.
•Supervised accounts payable (AP), accounts receivable (AR), payroll, bank reconciliations, and online payment processing systems to maintain strong working capital liquidity.
•Designed and deployed interactive financial models and dashboards using Excel, Power BI, and DAX to track critical commercial KPIs, including top customer profitability, customer/employee retention, productivity, and customer complaints.
•Played a pivotal role in M&A integrations and the system migration of acquired entities into Microsoft Dynamics Navision.
•Managed external and group internal audit cycles and VAT compliance reviews, acting as the primary point of contact to ensure clean, timely submissions.
•Maintained comprehensive internal control and DOA oversight across revenue recognition, Capex, payroll, bank operations, master data setup, and ledger write-offs and Balance sheet control accounts.

Management Accountant’s Reporting
1. Preparation of month-end P&L, BS, Cash flow and management accountant’s report, and submitting directly to regional managers in UK.
2. Participating and contributing in the strategic review and planning including preparation of forecasts every month.
3. Developing financial models and management planning tools based on historical data, future forecast and various user adjustable inputs/scenarios for the management using Power BI/Excel using DAX coding.
4. Preparing the Monthly performance review presentation and reports for UK management regarding key financial/performance indicators including meaningful insight and practical recommendations for the decision making.
5. Assisting the Senior Management team in yearly budget preparation.
6. Supporting finance manager with working capital management, implementation of IFRS, ad-hoc reports, forecasting and reconciliations.
7. Liaising with Auditors, Banks & Consultants as representative of Company’s Finance function.
General Ledger Accounting & Finalization
1. Accounting of month end Journal Vouchers, prepaid entries, and accruals.
2. Ensuring compliance with IFRS, specifically, IFRS 9, 15, 16, 21 and IAS 36.
3. Migrating and integrating the books of accounts of acquired companies (M&A) into the books of accounts(MS Dynamics Navision).
4. Stock valuation, ageing and monitoring stock consumption.
5. Preparing the requisite details as per UAE VAT laws for quarterly VAT filing.
6. Providing cross team support and supporting other departments on finance team’s behalf.
Payables Accounting
1. Review and final check of all accounting entries before period close.
2. In the absence of accountants, completing the day-to-day accounting entries as required.
3. Payroll preparation and loading into the software. Commission and incentive calculation.
4. BRS review and approval.
5. Monitoring stock counts and investigating the deviations.
Receivables Accounting
1. Accounting and posting credit note accounting entries into the software. Monitoring and reviewing the work of receivables accountants to ensure that invoices are prepared and sent on a timely basis.
2. Debtors ageing calculation and BD provision calculation using an ECL matrix in compliance with IFRS 9.
3. DSO calculation, monitoring and reporting including detailed scrutiny of long outstanding AR accounts and matching of unallocated cash.

Summary of key work exposures (2012-2018) :
Accounting:
1. Centralized accounting, financial reporting and MIS reporting of Silkmark Oranization of India (Silk Board
of India) and its 11 branches all over India for the years 2012 & 2013. Including investigation and reporting
of reasons for variations in expenditure, income and providing suggestions for improvement of
performance.
2. Preparation of projected financial statements for Premium Ferro Alloys Limited, a manufacturer of steel
having turnover exceeding USD 18 million, and assisting the management in long term planning.
3. Regularization of accounting of Flavourit Spices Trading Limited (Subsidiary of Spices Board of India) for
the years 2015, 2016 and 2017 including investigation and reporting on the reasons for the changes in
profit, on behalf of the Comptroller and Audit General of India.
4. Preparation of e-returns of VAT, Service tax and TDS of more than 50 clients including ‘Centre for
Development and Education’ (IFIM business school Bangalore).
5. Preparation of reports and case response statements for assessments and appeals of Income Tax, Vat and
Service Tax disputes for several clients including Prestige Group a construction company and Batra’s Clinic.
6. Financial reporting including preparation of balance sheet, profit & loss statement and cash flow statement
of various entities ensuring compliances with accounting standards and other norms (GAAP).
7. Scrutiny of account receivables, analysis of collection period and assigning rating based on credibility.
Financial Reporting (IFRS, US & Indian GAAP) Management Accounting Internal Auditing
Budgeting & Forecasting VAT & Service Tax Accounting Systems Internal Control
Reconciliation and Analysis Microsoft Office Tally & Oracle ERPFinance Management
8. Scrutiny of account payables including checking of purchase of fixed assets, staff advances and payroll verification.
9.Computation and filling of corporate tax returns and advising corporates and individuals for tax management.
10. Management and verification of Cash in hand and bank balances including preparation of periodical Bank
Reconciliation Statements, surprise verifications and investigating discrepancies.
Auditing:
1. Audit of Flavourit Spices Trading Limited (Subsidiary of Spices Board of India) for the years 2012, 2013
and 2014 assigned by Comptroller & Audit General of India including investigation and reporting on the
reasons for the changes in profit.
2. Statutory Audit of over 15 companies including investigation and reporting on the deficiencies in Internal
Control with suggestions for improvement; some of the major clients include:
- Skylark Mansions Pvt Ltd and its 9 subsidiaries, a construction group in Bangalore having annual
turnover exceeding USD 20 million.

Audit, Direct and Indirect taxation, MIS, and advisory services across multiple sectors.

1. Conducting C&AG and statutory audits of various organization clients by reviewing financial documents for accuracy and compliance with laws and regulations.
2. Regularization of accounts of various corporate and non corporate organizations
3. Preparation and Filing of Vat, Service tax and TDS returns.
4. Preparation of periodical forecasted balance sheet and profit and loss account of various companies
5. Advising companies for tax management and Accounting.
6. Conducting internal Audit of the corporates for ensuring the effectiveness and efficiency of the internal controls.
7.Preparation of reports and case response statements for assessments and appeals of Income Tax, Vat and Service Tax disputes for various clients
8.Computation and filling of corporate tax returns and advising corporates and individuals for tax management.

Statutory/internal audits, VAT/Service Tax/TDS filings, GAAP-compliant financial statements.