Mohamedali Panakkal, Assist: Manager Finance

Mohamedali Panakkal

Assist: Manager Finance

United Arab Shipping Company

البلد
الإمارات العربية المتحدة - دبي
التعليم
بكالوريوس, Advanced Accounting, Auditing,Cost Accounting, taxation, IT
الخبرات
23 years, 3 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :23 years, 3 أشهر

Assist: Manager Finance في United Arab Shipping Company
  • الإمارات العربية المتحدة - دبي
  • أشغل هذه الوظيفة منذ ديسمبر 2013

Key responsibilities

• Compile Budgets both for the Agency Company, and the Revenue and Cost Budgets as required by Cluster Management,
• Produce monthly agency management accounts, and explanations of variances
• Prepare monthly revenue and cost reports as required by Cluster Management, and explanations of variances
• Compile monthly KPI reports both for the agency management team, and as required by Cluster Management
• Monitor and approve accounting/financial transactions ensuring completeness, accuracy, clarity, transparency, timeliness and adherence to policies, agreements and applicable standards
• Prepare financial statements (P&L, Balance sheet, trial balance, Cash flow etc) truly representing the financial position, as per the company approved standards, principles, guidelines and timelines
• Manage year end accounting requirements in coordination with internal procedures and with external auditors

Assist: Manager Finance في UrbaCon Contracting Company (UCC) - Doha, Qatar
  • قطر - الدوحة
  • فبراير 2012 إلى ديسمبر 2013

Reports to: Finance Manager

Key responsibilities

• Maintaining and responsible for company accounts and other related financial records as required per applicable company policy and procedures.
• Handling all bank transactions including transfers, deposits, financing/facilities/LC/LG etc.
• Preparing monthly reports as well as whenever required by the management that include accounts payable/receivable reconciliation
• Preparing the annual budget taking into considerations all aspects of the company operations
• Implementing and monitoring credit risk by maintaining robust credit policies and regular monitoring of receivables
• To execute any other accounting, financial or administrative requirements of the company
• Organize Inventory control between all warehouses
• Liaising with auditors to ensure annual audit is carried out on time

Financial Controller في Mowasalat (Karwa)-Doha, Qatar
  • قطر - الدوحة
  • أكتوبر 2008 إلى ديسمبر 2011

Key responsibilities

• Ensure all transactions relating to AP, AR, GL, Bank Account, Cash and other are rried out on daily basis accurately in line with the agreed SOPs
• Develop and deliver an effective month end close process.
• Ensure effective reconciliation on each GL account in balance sheet for each legal entity
• Effective management including but not limited to credit control, collections, petty cash and Accounts Payable.
• Develop, implement and review all financial results and reports to ensure delivery of accurate and timely financial information, to support business decision making.
• Develop and document business processes and accounting policies to maintain & strengthen internal controls.
• Prepare and publish timely and accurate statutory financial statements in line with IFRS for each legal entity
• Review the Financial Results jointly with the Management Accountant and compare against objectives and budget providing the CFO with detailed analysis.
• Daily cash monitoring and effective short term cash forecasting process
• Develop effective relationships with banks and auditors

Chief Accountant في A.M. Motors-India
  • الهند - كيرالا
  • فبراير 2004 إلى سبتمبر 2008

Key responsibilities.

• Ensured financial records are maintained in compliance with accepted policies and procedures.
• Preparing financial management reports include, Balance Sheet, Income Statement and Cash Flow Report.
• Reviewed accounting documents (A/R and A/P) to ensure accuracy of information and calculations.
• Supported on the annual budget process.
• Ensured accurate and timely monthly, quarterly and year end close
• Resolved accounting discrepancies and irregularities
• Responsible for daily accounting operations of the company in addition to banks, clients, suppliers and third parties reconciliations.
• Supported with Internal and External Auditors.

CA Articleship في Local Chartered Accountants Firm
  • الهند - كيرالا
  • يناير 2001 إلى يناير 2004

Completed three years Chartered Accountancy Articleship training.

الخلفية التعليمية

بكالوريوس, Advanced Accounting, Auditing,Cost Accounting, taxation, IT
  • في Institute of Chartered Accountants of India
  • نوفمبر 2005

Passed Chartered Accountancy Professional Examination II

بكالوريوس, Advanced Accounting, Auditing,Cost Accounting, taxation, IT
  • في University of Calicut
  • أبريل 2000

Bachelor in Commerce

بكالوريوس, Commerce
  • في Calicut University
  • يناير 2000

courses: Chartered Accountant-Intermediate from ICAI, India –Nov, 2005.

Specialties & Skills

ACCOUNTANCY
ACCOUNTING
ACCOUNTS PAYABLE
AP ESTILO
BUDGETING
CASH FLOW
EQUILIBRIO
FINANCIAL
FINANCIAL STATEMENTS
POLICY ANALYSIS
SAP Module4.7,Financial Accounting and Material management

اللغات

الانجليزية
متمرّس
العربية
مبتدئ
الملايام
اللغة الأم