SENIOR ACCOUNTANT
Alpha Flight Services UAE LLC
Total years of experience :11 years, 10 Months
Supervising all the Account Payables & Account Receivables. Scrutinizing both the Debtors & Creditors Ledger. Checking & authorizing all the Sales Invoices before their issuance to the customers. Authorizing & Passing all Payments.
Bank Reconcilliation, Passing the Month end entries. Maintaining the Prepayment
Schedule, Fixed Asset Register.Ageing analysis in both Creditors & Debtors
Ledger .Preparation of audit schedules & details of expenses for audit purpose (yearly audits)
Supervising 10 Staff in accounts Department in routine Accounting Activity. Deploying necessary Skill Set & Training to the Subordinates and establishing Procedures for the new Start Up.Assisting the Financial Controller in Monthly Reporting for Consolidation of financials in the Regional
Successfully completed transition of Capital Approval (ODG) process from UK to India
with Green rating.
Capital Approval ODG (Operations Development Group) is a process through which
Tesco’s Global Capital Expenditure gets approved by the Finance Directors in UK.
It involves
Receipt & Collation of Business Cases (Capital Request with Justifications)
Conducting a basic check & analysis of Business Cases as per Tesco Plc’s
Capital Approval Process including the workings on NPV, IRR,
Projected Cash flow.& Discounted Cash flow.
Coordinating with various requesting department by seeking clarifications
for their workings post analysis.
Issuance of Pre-read to Finance Directors for their approval
Consolidating the Actual Spend Per Project Initiative. Actual Spend per project initiative
captures Tesco’s Actual Capital expenditure Vs Budgeted for each periods, analyses
the variance and finding justifications for the variances and comparing P3 & P7
profit plans for flexing the half yearly budgets.
Submission of periodic Sales, Wastage & Payroll Flexing of budgets in the Café Conversion
programmes run in the Tesco Stores.Each Tesco Run Cafes inside the Tesco Stores
in UK is converted into third party run Cafes through Tesco Café Conversion
Programmes. Each Conversion needs to be flexed in the P&L for each period
in terms of Sales, Wastage & Payroll.
JV Aviva & 24/7)
Independently handling the Account Payables in Tally & Oracle AP Module.
Receiving-Checking-Accounting-Paying- invoices.Preparation of Weekly-Monthly
cash flow.
Handling funds in 4 bank accounts of the company including EEFC & all Inward
Outward remittances, Letter of Credits, Bank reconciliation.
Assisting Manager (Finance & Accounts) in Finalization, Statutory Audits, and Internal
Audits.
Key member in the Finance Team for migration of Data from Tally 6.3 to Oracle 11i
Squaring off clearing accounts, Ledger Scrutiny, Review of expenditure accounts, Passing-Reversing Provision Entries, month end entries in GL, Comparing expenses against Budgets, Preparation of Variance Analysis statement..
Application of Prepayment- Checking Open invalidated-Unapplied invoices, Travel Accounting
Handling Purchase & Sales Registers of Vapi & Baroda plant.Reconciliation
of Debtors & Creditors Accounts.Ageing Analysis, Bank Reconciliation,
Stock Valuation.Matching GI (Goods Inward) with the Invoices before payment
Application of Prepayment- Checking Open invalidated-Unapplied invoices.
Reporting to CEO of Action Hospitality.
In charge of Entire Finance & Accounting Functions of the Company.
Supervising Day today Accounting & Finance Activities Receivables & Payables, Approving
daily accounting entries, Monthly Payroll.
Liase with banks & Exchange Houses for day to day collection & Deposit, Wire transfers,
Online transfers, Salary Payouts and conducting all the banking activities of the company
for smooth operation.
Month Closure & Preparation of Scheduled MIS Reports to AIR ARABIA PJSC & Preparation of
regular MIS reports to the Action Hospitality Board of Directors & Management.
Finalization of Books of accounts & independently handling monthly & yearly book closure.
Liaise with the external and internal auditors of the company and finalize audit.