Sateesh Kumar M

 Leading a team of 5 Accountants and 4 supporting staff (PRO, Procurement and Admin Department),
overseeing all aspects of financial and cost accounting such as AR, AP, GL, forecasting, budgeting,
etc., for a multi-property portfolio.
 Responsible for day-to-day finance and accounts operations.
 Perform full set of accounting and ensure timely closing of books of accounts.
 Perform project cost forecasts/ budgets, cost tracking, monitoring and controls.
 Responsible for all timely monthly financial reporting, payment processing and cash flow
management reporting for submission to Top Management and Group Headquarters, supporting
strategic decision-making.
 Perform cash flow forecasting, budgeting and financial planning, collaborating closely with Internal
Leasing and Projects Departments to analyze margins and variances.
 Work closely with Group Headquarters, General Manager and other Head of Departments to assure
budget adherence while assessing all resources available for entity's goals.
 Maintain effective internal controls and accounting policies.
 Ensuring that intercompany transactions are in line with management agreements.
 Maintain systems for cost-sensitivity analysis and early-warning of cost-overruns.
 Work consultatively with the respective departments on cost reduction initiatives.
 Ensure 100% compliance with IFRS, local laws and regulations and office policies and procedures.
 Managed relationship with audit firms for annual audit and other special engagements. Coordinate
with Banks, IT Consultants, Government Agencies and Tax Authorities.
 Facilitate hiring and interview staff members. Training new employees in Accounts Department.

 Detail-oriented Senior Accountant & Accounts Manager focused on improving company financial operations and streamlining processes using effective leadership, planning and decision-making abilities.
 Experienced in bookkeeping, financial budgeting, and accounts payable/receivable. Skilled in preparing bills, invoices, inventory, fixed asset counts, VAT returns filing and VAT payments. In Addition; processing payroll, budgets, reports, audits, journals, expenditures, and payments.
 Rich exposure to designing and implementing systems/procedures with proven ability to achieve financial discipline and enhance the overall efficiency of the organization.
 Dexterous in finance management, project management, cash management, reconciliation statements, creditor/debtor’s management annual accounts, periodical books, billing, records, auditing & monitoring branches, cash/bank books, etc.
 Gifted with a vision, determination, and skills needed for introducing well-defined accounting/financial strategies along with internal controls for systematic conduct of business.
 Strong problem-solving and analytical skills, flexibility, resourcefulness, and the ability to multi-task and work under tight deadlines.

FBMI Carpet Trading LLC: it’s a part of Tanweer Investments Group company and they have various business: Ce Jewlry, FBMI, Mira Farms etc. The FBMI (Fatima Bint Mohamed Bin Zayed Initiative) was founded in 2010. It is a joint venture between HH Sheikha Fatima Bint Mohamed Bin Zayed of Abu Dhabi and Tanweer Investments in Afghanistan. The social enterprise was originally established to initiate a change in the stark realities of Afghanistan’s women and children. FBMI invests locally in healthcare, education, numerous social and economic reforms; and provides employment in the ancient art of hand-knotted carpet making. About 70% of FBMI employees are women & widows who work from home. Each employee receives free vocational training, medical care, and schooling for their children.

Responsibilities:

 Implementation of internal control policies, guidelines, and procedures for budget administration, cash/credit management and accounting.
 Main in charge & Point of contact for Ce Jewlry & FBMI companies finance, Dubai customs, Import, Export, and VAT (VAT returns, Tourist VAT Refund Scheme etc.)
 Maintaining tight credit control and receivables management through direct interaction with customers.
 Responsible for the preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and reports required by regulatory agencies.
 Supervision of employees performing financial reporting, accounting, billing, collections, payroll, and budgeting.
 Coordination of company accounts/financial audits.
 Communication to Group divisions of approved accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
 VAT returns filing and VAT payments.
 Receiving and records requests for disbursements; authorizes disbursements in accordance with policies and procedures.
 Responsible for Inventory & Fixed Asset Counts.
 Supervising and controlling receiving of cash, cheques, and deposits funds.
 Developing and implementing purchasing/contract management instructions, policies, and procedures.
 Coordinating the setup of lease agreements and the subsequent management of agreements.
 Maintaining good working relationships with suppliers and customers.
 Reviewing purchase orders, and contracts, controlling the requisitions process and purchase orders for supplies.

Prima Gold Jewellers LLC: Since 1994, Prima Gold Jewellers LLC (Prima Group) is committed to delivering classic and contemporary handcrafted jewelleries made from superior quality Diamonds and 24K Gold across UAE and North Africa. With exquisite craftsmanship and magnificent designs, Prima Group had always been working towards making each jewellery unique, such that, it defines a customer’s style and enhances one’s personality. All our retail outlets of Prima Group, across Dubai, stands testimony of our two decades experience in creating intricately designed masterpieces that transforms into one’s dazzling pride possessions.

Responsibilities:

 Main in charge & Point of contact for entire group of companies with related to Dubai customs, Import, Export, and VAT (VAT returns, Tourist VAT Refund Scheme etc.)
 Dubai Trade (Mirsal II) operation for customs clearance and delivery of up to date shipments.
 Supervise accounts department day to day activities and the annual audits (internal and external)
 Established and maintained relations with banks and other financial institutions and the statutory govt. departments
 VAT Accounting with FTA compliance (Returns, Voluntary disclosure/ Tax Assessment, Refund, Import Declaration for VAT payment and E-guarantee application & cancellations
 Coordinating with Dubai customs if any discrepancy while Import & Export
 Submitting claims to Dubai customs with related to Import deposits and make sure deposits are refunded successfully
 Providing accounting and clerical support to the Accounting/Administration Division
 Monitoring finance team with related to bookkeeping of financial transactions in the accounting system
 Preparing Quarterly VAT reports (payables and receivables). Ensure collections and payments are done in line with UAE regulations
 Prepare and manage all documents in line with VAT regulations and other related activities
 VAT returns filing and VAT payments.
 About Tourist VAT Refund Scheme, training to all sales staff and other team as per FTA guidelines

Sonoran Diamonds FZCO is one of the leading and renowned Seller of Jewellery Diamond and other related products. The major markets of Sonoran Diamonds FZCO includes North America, South America, Western Europe, Eastern Europe, Eastern Asia, Southeast Asia, Mid East, Africa and other regions around the world.

Responsibilities:

 Maintaining books of accounts up to Finalization
 Coordinating with the banks (local and overseas) for issues like payments, LC and receipts etc.
 LC (Letter of Credit) - Issue import and export letters of credit and accepts payments
 Preparation, calculation and transferring of staff Salaries
 Preparation of Bank & Cash Reconciliation Statement
 Reporting activities:
• Financial Statements - Generating Balance Sheet & Trail Balance
• Preparing cash flow statement
• Income Statement (With Monthly and Ytd comparison)
• Preparing petty cash statement
• Preparing different types of reports as requested by directors and managers
 Assisting with the auditors (internal and external) to prepare and finalize monthly, half year and yearly audit reports
 Assisting the operation team for goods import and export (coordinating with Brings and Trans guard teams)

Secure Parking Car Park Management LLC is an Australian based MNC company, provides word class professional parking services, which operates on consulting, managing and operating car parks of Shopping malls, Hotels and Airports etc., The company became a significant international player having extended its operation in Indonesia, Malaysia, China, Middle East, India and Philippines. Major Clients in UAE are Abu Dhabi Airport Company (ADAC), Dubai International Financial Centre (DIFC), Majid Al futtaim, Pullman, Raffles, and Four point Sheraton etc.

Responsibilities:

 Preparation and calculation of Salaries for Branch staff & porters
 Preparation of Bank Reconciliation Statement & Branch Reconciliation
 Maintaining Fixed asset accounts, providing depreciation, write-off etc on timely basis
 Preparation of Performance Guarantee Bonds, coordinated with ADAC authorities and Banks
 Reporting activities:
• Income Statement (With Monthly and Ytd comparison)
• Financial Statements - Generating Balance Sheet & Trail Balance of Branch
• Cash flow statement
• Preparing different types of reports as requested by Sydney head office

 Managing Accounts Receivables (Invoicing, follow-up for payments etc)
 Handled Accounts payable: monitoring payables, gathering and verifying supporting for payment voucher preparation
 Coordinate with: bank people, suppliers, other branches and auditors regarding financial matters
 Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.

Fidelity Business Services India Pvt. Ltd. - Fidelity Investments is a privately held, international provider of financial services and investment resources that help individuals and institutions meet their financial objectives. Fidelity offers services to more than 19 million individuals and institutions as well as through 5, 500 financial intermediaries. The firm is the largest mutual fund company in the United States, and the No. 1 provider of workplace retirement savings plans. Fidelity Investments was established in 1946 with, headquarters in Boston. Fidelity started its Indian operations in September, 2001 at Gurgaon and later expanded to Bangalore in November, 2003.
 Computation and issue employee paychecks and statements of earnings and deductions through PAY CALC tool
 Review time sheets, work charts, wage computation, and other information in order to detect and reconcile payroll discrepancies.
 Booking the employee cost to respective Cost centers based on Projects
 Training to new joiners
 Internal Audit, as part of internal control system
 Other duties as assigned
Reporting Activities:
 Preparing weekly Dash Board presentations (in Power Point)
 Management and Quality Check of the team members
 Handling escalated issues, like root cause analysis on ‘Accuracy failures’, ‘TAT Calculations’ and sharing ……the output with management and Handling escalated issues
 Responsibility allocation between team members
 Conducting training sessions to reduce the process knowledge gap
 Monitoring and Preparation of Daily Team Performance Metrics