ROSHNI MEHBOOBANI, Accounts and Compliance Executive

ROSHNI MEHBOOBANI

Accounts and Compliance Executive

Howden Insurance Brokers LLC

Location
United Arab Emirates
Education
Diploma, Management accounts
Experience
6 years, 7 Months

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Work Experience

Total years of experience :6 years, 7 Months

Accounts and Compliance Executive at Howden Insurance Brokers LLC
  • United Arab Emirates - Dubai
  • February 2015 to February 2016

Responsibilities as a part of the Accounting and Compliance Function:

Accounting function:

 Working on Praktora (Insurance broking accounting software) and also involved month end closing with the CFO
 Preparing receivables ageing report on a monthly basis to be submitted to the finance team in London
 Preparing broker wise premium analysis report which indicates the number of policies placed by each broker, amount of premium placed, commission earned, etc
 Segment wise reporting indicating commission earned on each line of business such as motor, medical, general insurance and reinsurance
 Reconciliation of insurance receivables and payables between insurance companies and books of accounts
 Liaising with insurance company and brokers for the variances
 Informing the internal brokers to issues debit or credit notes for the variances
 Coordinating with insurance companies for the debit and credit notes

Compliance function:

 Reviewing policy documents and relevant supports against a standard procedural checklist
 Recommending areas for improvement in the company’s standard compliance manuals
 Conducting meetings with concerned staff to communicate the weaknesses observed during the review process
 Preparing reports indicating volume of the documents reviewed and observations for the presentation to the CEO
 Assisting in the internal audit function of the company

Auditor at Horwath MAK Ltd
  • United Arab Emirates - Dubai
  • February 2013 to February 2015

Since Feb, 2013: Auditor in Horwath MAK Limited member firm of Crowe Horwath International,
DIFC.
Responsibilities as an Auditor:
 Managing audit assignments independently as well as in a team, complying with policies, procedures
and standards at all times
 Preparation of financial statements as per IFRS; review of audit documentation and audit files
 Designing and performing substantive tests including analytical review to derive inferences to form
opinion on the financial statements and review of field work of assistants
 Understanding and suggesting improvements in accounting practices and internal control processes
 Preparing reports on Internal Control weaknesses and recommendations to establish and improve the
internal control policies and procedures
 Assisting in various group consolidation and group reporting of international clients
 Liaising with clients at the planning, execution and the conclusion stages of the audit
 Communicating with the Manager, Senior Manager and brief them for any audit issues and resolving
their queries
Mixed
Portfolio
Major clients at Crowe Horwath-Dubai:
 Gargash Group (
 Various Hedge Funds
 Ginza Fashion (
 ZV Orient (
 Rainforest Café-Dubai Mall
 AL- PER Solutions Limited

Responsibilities as an Accountant:
During my tenure in the firm, I have been involved in book keeping of various clients to support their
accounting function.
 Preparing and filing regulatory returns to DFSA
 Analysing financial information to plan and prepare monthly/semi-annually cash flow forecasts and
annual cash budgets forecasts/annual plan of business for use in making strategic decisions
 Advising clients on the application of the International Financial Reporting Standards (
 Preparing monthly bank reconciliations, profit and loss statements and balance sheet based on the
raw data
 Posting and reviewing journal entries in Quickbooks, Microsoft Dynamics Navision and Tally
 Preparing and handling payroll of clients and their management approval on a monthly basis
 Updating monthly accruals, amortisation schedules and fixed asset register
Accounting
Clients
Clients handled at Crowe Horwath-Dubai as accountant:
 Attijariwafa Bank (
 La Tresorerie
 Ridge Solutions
 Quilvest Limited

Trainee at Adukia & Associates, Chartered Accountants and HSBC Ltd.
  • India - Mumbai
  • November 2007 to April 2011

Review of Final Statements i.e. Balance Sheet, Profit and Loss Account and
the accompanying Schedules.
Scrutiny of various ledgers i.e. Cash Book, Bank Book, Journal and BRS
Cash and bank vouching, Purchase and Sales ledgers
Checking of fixed assets registers and depreciation there on
Checking the applicability of the accounting standards and Companies Act
provisions.
Physical verification of cash, security items, stock and related records.
Preparation of Management Information System (MIS).

Education

Diploma, Management accounts
  • at Institute of Management Accountants
  • May 2016

CMA

Master's degree, ACCOUNTING
  • at MUMBAI UNIVERSITY
  • April 2012
Master's degree,
  • at Mumbai University
  • January 2012

Class Board/University Institute Year Percentage M.COM Mumbai University Institute of Distance & Open Learning, Mumbai 2012 62

Diploma, INTER CA
  • at ICAI
  • May 2011
Bachelor's degree,
  • at Mumbai University
  • January 2010

B.COM Mumbai University MMK COLLEGE, Mumbai, India 2010 81

High school or equivalent,
  • at CHM COLLEGE
  • January 2007

HSC Maharashtra Board CHM COLLEGE 2007 76

High school or equivalent,
  • at Our Own English High School
  • January 2005

AISSE CBSE BOARD Our Own English High School, Dubai U.A.E 2005 82

Specialties & Skills

Accounts Receivable
Internal Audit
Reconciliation
Microsoft Excel
Auditing
ACCOUNTING
IT TRAINING
LEADERSHIP SKILLS
LINGUISTIC
RELATIONSHIP MANAGEMENT

Languages

Hindi
Beginner
English
Expert
Spanish
Beginner

Training and Certifications

• Information Technology Training (as a part of ICAI curriculum). (Training)
Training Institute:
ICAI
Date Attended:
September 2009
• General Management & Communication Skills Course (as a part of ICAI curriculum). (Training)
Training Institute:
ICAI
Date Attended:
November 2012

Hobbies

  • Social Work
    I am an active member of the NGO volunteer in UAE and participate in their events which include pet shelter events, helping hands at Senses, etc