Account In Charge
Synergy Facilities Management Services LLC
Total years of experience :22 years, 10 Months
ACCOUNT IN CHARGE (November 2013 - Date) Synergy Facilities Management Services LLC,
Al Barsha, Dubai, UAE.
Industry: Facilities Management/Real Estate/Investment
Responsibilities and Highlights:
• Manage overall accounting activities and report to GM.
• Supervise team participants and close the books of account on time.
• Development of accounting system and internal controls, management report modeling.
• Dividend planning and forecasting revenue and expenditure.
• Regulate collection of revenue and direct team members accordingly.
• Working capital management and fund forecasting.
• Finalization of books of account and preparation of financial statements.
• Schedule and coordinate audit.
• VAT accounting and analysis, manage periodically return submission and claim procedures- UK.
• Working knowledge in Income Tax Return -UK.
• Prepare various management reports such as profitability analysis, financial position, variance analysis and explanations.
• Periodically monitoring and review of trial balance.
• Preparation of intercompany and bank reconciliations.
• Liaison with financial institutions, statutory bodies and Inter companies.
• Various other responsibilities associated with the position.
Others jobs familiar with:
• Bank account Opening for Offshore/BVI companies.
• Incorporation of Offshore/BVI companies.
Responsibilities and Highlights:
• Manage overall accounts activities of the projects under Gulf region as per IFRS and report to regional finance manager.
• Lead a team of 4 persons.
• Guide projects accounts team and ensured monthly books closing on time.
• Consolidate projects results and prepared various management reports such as profitability analysis, financial position, variance analysis and explanations.
• Involved in forecasting and planning process, prepared budgets in coordination with various departments, applied budgetary controls and analyzed variances with actual results.
• Overseen costing function and monitored cost centers, equipment costing, labor costing, materials costing, services to the projects, allocation of common expenses etc.
• Supervised treasury operations and arranged credit facilities, forecasted and organized funds requirements of the projects.
• Controlled payables and ensured payments are made on time with documentation according to procedures and approvals as per authority matrix.
• Supported internal audit team in reviewing internal control systems and suggested changes to the management.
• Coordinated statutory audit of Gulf region with one of Big 4 external auditors.
PROJECT ACCOUNTANT (July 2008 - February 2009)
Archirodon construction (overseas) Co. S.A, Ruwais. 3rd NGL Train Project. Abu Dhabi, UAE
Industry: Marine Construction (Pipe Laying) Project Value USD 160, 000 Million, Our Portion 100%
Responsibilities and Highlights:
• Responsible for the overall accounting activities, reporting to Chief Accountant and Commercial and Project Manager.
• Preparation of statements of accounts periodically (monthly, quarterly and year end).
• Preparation of amortization, depreciation and accrual schedules.
• Processing of accounting entries related to cash, bank, invoices, payment certificates and debit/credit advises and reviews of trial balance.
• Preparation of monthly, quarterly and annual financial and MIS reports like Operations, Inventory, Cash Flow and Financial Position.
• Preparation of various cost analysis such as Labor cost analysis, Material and Equipment services cost analysis etc in co-ordination with Costing Dept.
• Intercompany and Bank reconciliation
• Reconciliation of supplier’s a-cs and settling of disputed claims/invoices.
• Inventory accounting and finalization of inventory accounts.
• Processing of employees monthly payroll in co-ordination with HR dept, providing details of salary deductions and other allowances.
• Handling of Accounts Payable for major sub-contractors and suppliers and a monthly payment of AED 9 MLN / month average.
• Liaison with Financial Institutions, Statutory bodies, Inter companies and work with External Auditors.
• Various other responsibilities associated with the position.
PROJECT ACCOUNTANT (August 2006 - July 2008)
Hani Archirodon - CCC-JV Salalah, Oman. (Construction of Breakwater, Dredging and Reclamation, Construction of Container Berths 5 & 6 and Other Associated Works in Salalah Port) Porject Value USD 1, 816, 369 Million, Our Portion USD 130, 845 Million
Industry: Marine construction
Responsibilities and Highlights:
• Ensure proper and timely recording of data into accounting package.
• Periodic review of trial balances and Profit & Loss account and reconcile the accounts as necessary.
• Initiate necessary journals for Accruals, provisions & outstanding liabilities, revenue, amortization etc. for monthly finalization of accounts.
• Payroll accounting (2600 employees)
• Preparation and submission of monthly reports to chief accountant.
• Liaison with other Financial Institutions, Statutory bodies and work with External Auditors.
• Participation in budgeting.
• Various other responsibilities associated with the position.
AUDIT AND ACCOUNTS TRAINEE (July 2001 - July 2006)
V.K.Krishnakumar & Co, CA, Cochin, Kerala.
(A well-known Audit Firm in Central Kerala specialized in Company Audits, Management consultancy, Bank audits, Business Process Out Sourcing)
Industry: Accounting/Auditing
Responsibilities and Highlights:
• Internal Audits, Inventory, statutory Audits of various companies in Kerala both in public sector and private sector.
• Supervision of audits of various clients.
• Key team member of large audit engagements handling significant risk areas and performing review roles.
• Preparation of internal control recommendations report to the management. Responsible for preparation of audit report and the explanations.
• Participation and reporting of transactions and statutory audits of banks, conducting stock, receivables and payables audits.
• Consolidation of group companies accounts and profitability analysis, explanation for variation.
• Presentation of monthly profitability report of group companies accounts.
• VAT accounting, analyzing and finalize return.
• Gained different industry accounting experience especially in manufacturing, trading and service.
• VAT accounting, analyzing and finalize return.
• Development of Accounting System and Internal Controls, Tax deduction, Monitoring of Statutory obligations and filing of necessary Returns on behalf of clients etc.
• Gained excellent experience with different Accounting software like EIH, MIDAS, RPG etc. and working knowledge in ERP.
MBA - Finance (Pursuing, from IGNOU- Delhi, Expected to complete by December 2016
