Jithendra Nambiar

Preparation of the financial statements of Brand Culture General Trading LLC (Retail Shop Chain dealing in Branded
Fashion Footwear and Apparels) and individual profit and loss of each store, Analyzing the profitability of stores,
break even analysis of stores, critically examining the aged stocks lying in the stores, advising on moving the aged
stocks from different stores. Supervising the conduct of physical stock verification at the retail shops and analyzing
the differences. Reporting the monthly sales to mall management. Verifying the monthly payroll prepared by the
accountant. Approving payment vouchers. Review of VAT documents prepared by the accountant and submission in
the VAT portal. Supervising the audit of the company. Preparation of Cash flow statements.
Core Accounting tasks at Brandz Middle East General Trading FZE - Accounting of sales invoices, Purchases
invoices, Journalizing, Bank entries in Quick Books Accounting Software. Preparation of monthly financials,
coordinating for statutory audit, Quarterly VAT returns submission, Preparing the monthly stock ageing. Coordinating
with the consultant in carrying out the impact assessment for corporate taxation.
Lead in implementing the new Sales portal for order processing for Fitflop, HOKA & Jansport Brands.
Design of reports for management Viz, Available to Sales reports, Season wise reports, Reports for controlling of bill
of entry and bill of exit in the system.
Pricing for all brands in Sourcerite International FZCO.
Provided management of the possible impact to the organization at the time of corporate tax implementation, i was
able to advise management backed by experience in Indian Taxation laws.
Developed and implemented tailored financial reporting dashboards to enhance decisionmaking for key stakeholders.
Developed and implemented internal controls to mitigate financial risks and ensure compliance.
Created and presented financial statements and reports to external auditors, resulting in unqualified opinions

Preparation of Financial Statements in accordance with INDAS requirements
Preparation of Monthly Cash flow and financial statements to the management, banks other stakeholders etc.
Maintaining the Traffic data. NPV Workings for CAPEX.
Approvals/ Checking - Checking and approving the Sales Invoices, Bank Payment Vouchers/ Journal Vouchers/ TDS
Payments/ Reconciliations, Monthly Payroll/ Ledger Checking etc.
Monthly checking of Invoices raised by the accountant, ensure that Aero Invoicing are as per AERA Tariffs, check if
Non-Aero Revenue relating to Space rentals/ Minimum Monthly Guarantee/ Revenue Shares are properly calculated
and escalations etc. are duly affected in the calculations.
Ensure that Bank Guarantees (Security Deposit & Performance Guarantee) has been provided by Concessionaires
and Contractors based on the terms of the contract and keep custody of the same.
Preparation of KIAL Annual Budget for 2019-2020 & 2021-2022- Estimation of Aero Revenue based on existing
passenger traffic and projected passenger movement based on figures provided by the operations team.
Supervision and Coordinating of Statutory Audits, Internal Audits, providing replies to auditors, coordinating with other
departments/ banks/ actuaries/ insurance / stakeholders and obtaining the necessary details for the auditors.
Participated in preparing the RFQ for insurance tenders. Co-ordinating Fixed Assets Verification, Physical Stock
taking etc.
Co-ordination with NASFT (National Aviation Security Fee Trust) with regards to Invoicing, Expenses reimbursement
and SOPs with regards to Aviation Security Fees.
Filing of GST returns, verifying the GST calculations including the output tax liability and Input Tax Credit calculations.
Attending of Audit Committee Meetings, Consortium meetings of Banks

Financial Analyst Role - I have been successful in consistently providing management/Banks with Monthly/Quarterly
management reports (In house Financials) in accordance with the agreed time frames. Annual Budgets are prepared
with input from the management.
Financial advisory role - Advising management on Strategic decisions, brand wise profitability, break even position of
the company, Avenues for cost control, Working capital management etc. on a continuous basis.
Inventory Control Function- I have been successful in fixing issues relating to inventory in the system and was
successful in minimizing the differences between System Stock and Physical Stock, I had Implemented continuous
stock taking and corrective measures in this regard.
Internal Control- Made suggestions to management with regards to internal control changes.
Liaison with Auditors- Arranging of all documents for audit of the company, preparing the necessary schedules as
required by the auditor.
Authorization of payment vouchers, scrutinizing the supporting documents, approvals from Managing Director.
Identifying the requirement of new reports from the accounting system, conveying the same to Application Service
Provider and incorporating them into the accounting system.

Monthly reporting to Management for UAE operations as well as Oman, Qatar, Kuwait & Bahrain. Location wise
customer wise Gross profit analysis, Sales commission reports finalization and cost center wise profitability analysis.
Preparing monthly Consolidated Statement.
Managing the Accounts Department - Recruitment of Accountants, Assignment of duties to accountants, supervision
of work of accountants, conveying accounting best practices, assisting accountants to meet the deadlines. Deciding
on System level authorization for each accountant.
Design of Internal controls in Cash disbursement, Inventory, Cash deposits etc.
Finance Controller functions - SAP system provides a mechanism for approval based on exceeding credit limit and
credit days, decisions were taken by me for approving sales orders and invoices based on payment history.
Discussing credit exposure of individual customers with the Sales Team. (DSO)
Preparation of Annual Budgets in coordination with Sales department, reporting of variances in monthly figures to the
Management.
Liaison with Auditors/ Banks/ Customers- Arranging of all documents for audit of the company, preparing the
necessary schedules as required by the auditor.
General Accounting Supervision- Checking reconciliations prepared by Accountants with bank statements, customer/
vendor statements, Intercompany accounting entries

Preparation of Framework for the Accounting Department - Making policies, internal control procedures, delegation of
work etc.
Preparation of Monthly Balance Sheet, P& L & Cash Flow Statement for the management, Preparation of Annual
budgets
Finance function - Controlling the cash flow, following up for the payments, scheduling payment to the creditors,
utilities, coordination with Head office for funds.
Payroll Function - Calculation of monthly salaries of employees and getting the necessary approvals for the payment.
Treasury Function - Handle Cash, Deposit into bank, Disburse payments etc.
Calculation of Landing costs for each order and calculate the profitability of the same and obtain the approval of the
general manager

Preparation of Monthly Financial statements for Dubai Branches and obtaining the branch statements and
preparation of consolidated financials.
Monthly Detailed Expenditure statements and analytical review of the expenses Vis a Vis different stores and
feasibility studies on Break Even point for new shops based on forecasted revenue from operation.
Preparation of Annual Statements of Accounts of the Company and final entries of the company, updating of Fixed
Assets Registers, making of depreciation entries, making necessary provisions based on accrual principle.
Monitoring the Mobile Phones/Memory Cards Stock at the shop level

Verifying Routine Checking conducted by junior staff and compliance with Auditing and Assurance Standards
regarding materiality, determining sample for test checking.
Preliminary verification of Financials prepared by the Company.
Verifying the financial assertion with underlying documents Verifying Third Party Confirmations like bank certificates
for bank balance.)
Verifying of Central Excise Records and reconciliation of Sales Figures with Excise duty amount paid. Scrutiny of
excise records like Personal Ledger Account, Credit register of Input/Capital Goods.
Studying of Pending cases against the company with respect to Central Excise, Customs, Sales Tax Dues,
Employees Provident Funds etc.
Also verifying of various labor registers of the company and verifying calculation of Overtime payments to staff and
Employees State Insurance Charges deducted for all employees and checking that the amounts have been paid on
the correct dates.
Verifying the Secretarial documents, like Register of Members, Minutes Book, Returns to Registrar of Companies etc