Shamsheer kizhakethil, Chief Accountant

Shamsheer kizhakethil

Chief Accountant

International Foodstuff Group

Location
Qatar - Doha
Education
Bachelor's degree, Commerce
Experience
16 years, 1 Months

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Work Experience

Total years of experience :16 years, 1 Months

Chief Accountant at International Foodstuff Group
  • Qatar - Doha
  • My current job since November 2014

▪ Preparing and maintaining updated management accounts, including analysis of the information as required.
▪ Preparing the financial reporting package to management in a timely manner within the required deadline & ensuring accurate and up to date figures.
▪ Liaising with banks and other financial institutions to ensure optimum facilities and business terms and conditions for the company.
▪ Key Customer Relationship Management: Establish and maintain influential relationship with the senior decision makers.
▪ Preparation of Monthly Bank Reconciliation statement.
▪ Preparation of landed cost for Import purchases.
▪ Yearly budget preparation.
▪ Analysis of aging with the accounts receivable team, taking the required action to recover the late amount, and managing client disputes.
▪ Preparation of sales and inventory report monthly for analysis to management.
▪ Payment approvals for foreign and local suppliers thru SAP
▪ Finalization of Accounts
▪ Auditing - Facilitate timely completion of Audits both internal and external.
▪ Preparing periodic forecasts to update the management in ongoing projects.
▪ Weekly preparation of a cash flow forecast for senior management.
▪ Monitoring inventory movement, and doing a thorough analysis to develop an action plan for non-moving and near expiry items with higher management.
▪ Supervising and ensuring the accurate day to day recording transaction, including verifying and approving journal entries
▪ Maintaining compliance with IFRS and applicable local laws and recommending changes were required.
▪ Adhering to policies and procedures governing all transactions and activities of the business

Chief Accountant at Fahed Foods
  • Qatar - Doha
  • August 2009 to October 2014

1. Handling month-end closing; supervising the accounting function; producing balance sheets and P&L statements.
2. Implement appropriate internal controls and procedures to protect and preserve the Company’s assets and ensure accurate accounting and reporting of the Company’s business performance.
3. Liaising with banks and other financial institutions to ensure optimum facilities and business terms and conditions for the company.
4. Preparation of Bank Reconciliation statements on monthly and updating balances of all current bank accounts of the company.
5. Payment preparation for foreign and local suppliers.
6. Formulate a pricing strategy for each brand and category of products
7. Finalization of Accounts
8. Chasing late payments, reporting bad debts & careful monitoring on the cash flow.
9. Preparing monthly commission for the sales staff based on the actual sales performance.
10. Preparation of costing for Import purchase.
11. Review and approve all the company expenses.
12. Auditing - Facilitate timely completion of Audits both internal and external.
13. Preparation of ageing report for receivables & payables.
14. Preparing monthly analysis for the cost of goods sold and the operation expenses against last year and budget.

Accountant at Medifit Consultants
  • India - Bengaluru
  • February 2008 to April 2009

1. Maintained General Ledger, Accounts Receivable & Accounts Payable ledgers and Preparation of Journal Vouchers and Posting general entries.
2. Handling Bank transactions on daily like cheque clearance, deposits of cheques, cash withdrawals and updating the balances of bank accounts.
3. Invoice preparation as per contracts.
4. Preparation of Bank Reconciliation statements on monthly and updating balances of all current bank accounts of the company.
5. Participate in the preparation of the finalization of accounts.

Education

Bachelor's degree, Commerce
  • at Calicut University
  • May 2007

Specialties & Skills

Petty Cash
Preparation
Deposits
Data Entry
GCC valid driving license
MS Office

Languages

English
Expert
Hindi
Expert
Arabic
Beginner

Training and Certifications

Financial Modeling (Training)
Training Institute:
Clevered
Date Attended:
July 2019
Advanced Diploma in Manual & Computerized Accounting (Certificate)
Date Attended:
August 2007

Hobbies

  • Listening Music