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Niyas Nallakkandy paral, Senior Accountant

Niyas Nallakkandy paral

Senior Accountant·Flooka Seafood Restaurant (Shocho Group) ,Dubai UAE

United Arab Emirates

Bachelor's degree, Bachelor of Commerce (B-Com)

Work experience

Total years of experience: 23 years, 10 months

Senior Accountant

April 2014 - Present

Flooka Seafood Restaurant (Shocho Group) ,Dubai UAE

Dubai, United Arab Emirates

April 2014 - Present

• Led the finalization of accounts and reporting in compliance with group reporting rules and international accounting standards for monthly, quarterly, and annual financial statements.

• Developed and implemented a comprehensive budgeting process that effectively tracked and monitored expenses, achieving a significant reduction in unnecessary spending.

• Created management reports on purchases, sales, inventory, and asset depreciation calculations to enhance financial decision-making.

• Analyzed complex financial data to produce detailed reports, providing valuable insights for stakeholders and facilitating informed business decisions.

• Collaborated with cross-functional teams to ensure accurate financial reporting and adherence to regulatory requirements.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Senior Accountant

March 2013 - January 2014

International Restaurants co. LLC ,Dubai ,UAE

Dubai, United Arab Emirates

March 2013 - January 2014

• Ensured accuracy of financial statements, adhering to legal regulations and compliance with group accounting policies.

• Managed collections and payments transactions, ensuring timely completion to maintain cash flow.

• Reviewed statements of account with suppliers, facilitating effective payment plans.

• Implemented and followed internal controls to safeguard company assets.

• Completed data filing and backups, enhancing data integrity and accessibility.

• Assisted the Finance Manager and supported auditors in preparing financial reports, meeting audit requirements for monthly, quarterly, and year-end reporting.

• Contributed to legislative compliance, ensuring all financial practices align with current regulations.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Senior Accountant

December 2008 - February 2013

Inmaa Group of Co (Lootah Group)-Djibouti, East Africa.

Djibouti, Djibouti

December 2008 - February 2013

• Prepared comprehensive MIS reports, including Profit and Loss accounts, aging analysis of debtors, creditors, and inventory, enhancing financial visibility.

• Developed fund flow reports and projected fund flow reports, contributing to informed decision-making.

• Led a team of junior and senior accounting staff to ensure accurate and timely financial reporting, fostering a collaborative work environment.

• Executed bank, supplier, and customer account reconciliations, ensuring data integrity and accuracy.

• Verified invoices and prepared payrolls, leave salaries, and end service benefits, streamlining payroll processes.

• Provided essential support during audits, enhancing compliance and operational efficiency.

Company industry:
Industrial Production
Job role:
Accounting and Auditing

Accountant

August 2001 - January 2008

Welcome Group of companies, Dubai- UAE

Dubai, United Arab Emirates

August 2001 - January 2008

• Posted journal vouchers and executed general ledger reconciliation to ensure accurate financial reporting.
• Conducted in-depth analyses, including P&L variance, inter-company accounts, and aging reports to identify trends and discrepancies.
• Prepared reconciliation statements for bank accounts and inter-company accounts, enhancing financial accuracy.
• Developed and managed efficient invoicing and collections processes, improving cash flow management.
• Facilitated seamless communication with internal and external auditors, ensuring compliance and transparency.
• Prepared store receipt vouchers and related documentation for trade-in items, streamlining inventory processes.
• Conducted monthly physical stock tracking and reconciliation to maintain inventory integrity.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Education

Calicut university

August 1998

August 1998

Bachelor's degree, Bachelor of Commerce (B-Com)

India

Skills

Final Accounts
Expert
Final Accounts
Expert
Budgeting and Forecasting
Expert
Budgeting and Forecasting
Expert
Accounting
Expert
Accounting
Expert
Accounts Recievables
Expert
Accounts Recievables
Expert
Accounts Payable
Expert
Accounts Payable
Expert
MS Office (MS Word/MS Excel)
Expert
MS Office (MS Word/MS Excel)
Expert
• Cash flow projection
Expert
• Cash flow projection
Expert
• Budgeting and forecasting
Expert
• Budgeting and forecasting
Expert
• Accounting Packages such as Sage 50, Omega, Orion 10.3, Tally, Dac-Easy, Trade2000 and Peach-Tree.
Expert
• Accounting Packages such as Sage 50, Omega, Orion 10.3, Tally, Dac-Easy, Trade2000 and Peach-Tree.
Expert
• Decision making
Expert
• Decision making
Expert
Time Management.
Expert
Time Management.
Expert
Ability to work under pressure.
Expert
Ability to work under pressure.
Expert
Maintain an effective working relationship with clients, employees and exhibitors.
Expert
Maintain an effective working relationship with clients, employees and exhibitors.
Expert
Ability to work under pressure
Expert
Ability to work under pressure
Expert
Accounting
Expert
Accounting
Expert
Accounts Recievables
Expert
Accounts Recievables
Expert
Accounts Payable
Expert
Accounts Payable
Expert
Handouts
Expert
Handouts
Expert
Treasury Systems
Expert
Treasury Systems
Expert

Languages

English
Expert
Hindi
Intermediate
Malayalam
Expert
Tamil
Intermediate
Arabic
Beginner

Hobbies

  • Playing Football & cricket
  • internet surfing
  • Social Activities
  • Reading & writing