VIMAL RAJ CHAKKINGAL , Audit Manager

VIMAL RAJ CHAKKINGAL

Audit Manager

Sarin Chandran & Associates, Chartered Accountants, Kerala, India.

Location
United Arab Emirates - Abu Dhabi
Education
Master's degree, Banking And Finance , COSO, Basel Norms , Risk Management
Experience
15 years, 9 Months

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Work Experience

Total years of experience :15 years, 9 Months

Audit Manager at Sarin Chandran & Associates, Chartered Accountants, Kerala, India.
  • India - Palghat
  • September 2020 to December 2023

Job Responsibilities:

1. Audit Management: Effectively Managed and led Audit Teams to ensure the Completion of
Financial Audits in accordance with Established Standards and Guidelines.

2. Risk Assessment: Demonstrated a keen understanding of Risk Assessment Methodologies and Implemented appropriate audit procedures to Identify and Mitigate Potential Risks.

3. Financial Analysis: Conducted thorough Financial Analysis, providing Valuable insights to clients and contributing to the enhancement of their Financial Systems.

4. Client Interaction: Maintained Strong Relationships with clients, Addressing their concerns, and ensuring the delivery of High-Quality Audit Services.

5. Regulatory Compliance: Ensured that all Audits Conducted under my Supervision were in
compliance with relevant Laws, Regulations, and Industry Standards.

6. Team Collaboration: Fostered a Collaboration Work Environment, Encouraging Teamwork, and
Knowledge sharing among Team Members.

Deputy Manager - Corporate Finance at NMC HEALTHCARE LLC - ABU DHABI, UAE
  • United Arab Emirates - Abu Dhabi
  • July 2019 to June 2020

Deputy Manager - Corporate Finance

1. Responsible for Efficient Management of Financial Resources within the group by ensuring
Optimization of Short-term Liquidity, Long term Funding Requirements, Monitoring and Management of Risks.

2. Prepare Short, Medium and Long-term Consolidated Net Cash Flow forecasts for the
subsidiaries in MENA region focusing on upcoming financing needs and related internal investments to decide on the best-fit Funding Strategy.

3. Resource Finance for projects in UAE, KSA and Kenya and conducting Presentations on the
Viability of new Projects.

4. Making Recommendations to Management on structured banking products that would improve
the working capital efficiency like Structured Financing and payment platforms for ease of making the Payments.

5. Actively partner with the M&A team in the Decision-making process on whether purchase
consideration should be raised through internal accruals or debt capital markets after consideration of Multiple Variables.

Treasury Analyst - Treasury and Corporate Finance at NMC HEALTHCARE LLC - ABU DHABI, UAE
  • United Arab Emirates - Abu Dhabi
  • November 2016 to June 2019

1. Perform Forecasting of cash flow and managing cash balances.

2. Set up Cash Management services by interacting with various banks and financial Institutes.

3. Was Responsible for Identifying and mitigating Financial Risks, such as currency risk, interest
rate risk, and Credit Risk.

4. Reconcile Transactions and provide operational support to the treasury on a daily basis.

5. Was Responsible for providing Financial advice to Management and other Stakeholders on Issues related to cash management, Financial Risk Management, and Financial Planning.

6. Was Responsible for Analyzing Financial data to identify trends and opportunities for improving financial performance including analyzing financial statements and analyzing market trends.

7. Oversee and Manage Credit Agreements.

8. Reconcile Transactions and provide operational support to the treasury on a daily basis.

9. Prepare Month-end Accounting entries.

10. Furnish Analytic Support of financial metrics.

Management Accountant - MIS and Corporate Planning at NMC HEALTHCARE LLC - ABU DHABI, UAE
  • United Arab Emirates - Abu Dhabi
  • May 2011 to November 2016

1. Preparing MIS Reports of various departments Like Hospital, Pharmacy, Trading Divisions.

2. Prepare Capital Expenditure Budgets and assist in the preparation of operating budget.

3. Preparation of various reports including the Key performance Indicators (KPI) of Hospital, Pharmacy, Trading, Analysis and comparison of Actuals and the Budgeted Data, Consolidation
Data - Department Wise.

4. Preparation of Monthly Budget reports, Variance Analysis & Trend Analysis Reports for Pharmacies, Hospital & Trading Division.

5. Analysis of GL Reports, Accounts Receivables, Expenses and Income Reports.

6. Collating and Interpreting financial data for determining the financial performance of the companies; developing the Valuation Model.

7. Managing Various Financials including balance sheet, income statement, Schedule of Investments, Cash flow statement, Shareholder’s interest, Financial highlights and notes to Financial Statements.

8. Consolidating and Preparing various reports, Reconciliation Statement, for evaluating differences in accounting.

9. Preparation of MIS reports to provide feedback to top management on financial performance,
viz. fund management, credit control, Profitability, etc.

10. Preparations of Various Documents as a part of the documentation process relating to Bank
Facilities as per the requirements of various Banks.

11. Dealing with the bank operations of the company like Liaison with the Bank Officials for
obtaining new Bank Facilities for the Company.

Audit Assistant at M/s G. Krishnan and Associates Chartered Accountants, Kerala, India
  • India - Kerala
  • February 2009 to May 2010

1. Statutory Audit of Companies, Internal Audits, Income Tax Audits and Sales Tax Audits of Various Entities.

2. Assisted in the Filing of Income tax appeals. Formation and registration work of companies with
Registrar of Companies (ROC) Filing of Accounts and other Annual return works with ROC.

3. Preparation of Project Reports and Feasibility Reports for the Companies.

4. Evaluating accounting systems for Efficiency.

5. Complete Audit Reports and ensure proper follow up of outstanding items and Recommendations.

Audit Assistant at M/s K. Rangamani & Associates Chartered Accountants, Kerala, India (Member of Kreston Global UK).
  • India - Kerala
  • March 2007 to January 2009

1. Filing Income Tax returns of companies, firms and individuals.

2. Audit of Banks and Financial Institutions Audit of companies, Partnership firms and Individuals.

To name a few among them are as follows:

3. Internal Audit and Stock Audit of Eastern Group of Companies, which has a turnover of more than 450 crores with branches in Kochi and Bangalore.

4. Statutory Audit, Tax Audit and Stock Audit for a Prominent Exporting Company Named Western India Cashews-Quilon.

5. Statutory Audit, Tax Audit and Stock Audit for a leading company in Calicut - Mermer Italia
Marbles.

6. Statutory Audit for Fragrant Nature Resort- Quilon.

7.Statutory Audit of Customer Line software solutions - a BPO company in Cochin.

8. Statutory Audit, Tax Audit work for one of the leading Supermarket Chains in Kerala - Varkey’s Supermarket.

Education

Master's degree, Banking And Finance , COSO, Basel Norms , Risk Management
  • at International Association of Risk and Compliance Management Professionals ( IARCP - U.S.)
  • December 2024

Banking And Finance COSO Basel Norms Risk Management

Master's degree, SOX ACT, DODD FRANK ACT, COSO
  • at Sarbanes- Oxley Compliance Professionals Association (SOXCPA- U.S.)
  • October 2024

SOX ACT DODD FRANK ACT COSO

Master's degree, IFRS ,UK GAAP
  • at Association of Chartered Certified Accountants (ACCA) -UK
  • August 2024

IFRS ,UK GAAP

Master's degree, Finance , Accounts , Taxation and Audit
  • at Association of International Certified Public Accountants - (AICPA - UK)
  • July 2024

IFRS Planning Budgeting & Forecasting Tax Auditing Financial Accounting

Master's degree, Accounting , Auditing , Taxation, Cost Management , IT
  • at The Institute Of Chartered Accountants of India - (ICAI)
  • June 2024

Accounting Auditing Taxation Cost Management IT

Master's degree, Finance and Accounts
  • at Institute Of Public Accountants (IPA) - Australia & Institute Of Financial Accountants (IFA)- UK
  • May 2024

Accounting Financial Forecasting Financial Reporting Financial Analysis

Master's degree, Data Analytics , Data Visualization
  • at Association of Chartered Certified Accountants -( ACCA -UK)
  • May 2024

Data Analytics , Data Visualization

Bachelor's degree, Physics , Mathematics, Computer Science
  • at University Of Calicut (UOC)
  • April 2024

Physics , Mathematics, Computer Science

Master's degree, Finance And Auditing
  • at The Institute of Chartered Accountants in England and Wales ( ICAEW)
  • April 2024

Associate Chartered Accountant (ACA) & Business Finance Professional ( BFP).

Master's degree, Associate Chartered Accountant (ACA)
  • at The Institute of Chartered Accountants in England and Wales ( ICAEW)
  • April 2024
Master's degree, Finance
  • at Corporate Finance Institute ( CFI- Canada)
  • January 2024

DCF Valuation Modelling , Comparable Valuation Analysis, 3-Statement Modelling , Budgeting and Forecasting, FP&A Monthly Cash Flow Forecast Model, Scenario & Sensitivity Analysis , Dashboards & Data Visualization.

Master's degree, Finance and Accounts
  • at Institute Of Management Accountants -USA (IMA-U.S.)
  • January 2024

Planning Budgeting & Forecasting Performance Management Cost Accounting U.S. Generally Accepted Accounting Principles (GAAP) Financial Accounting.

Specialties & Skills

Project Delivery
Learner
Listener
OPERATIONS
MANAGEMENT
CASH MANAGEMENT
FINANCIAL DATA
FINANCIAL RISK
FINANCIAL RISK MANAGEMENT
FINANCIAL STATEMENTS
FORECASTING
INTEREST RATE RISK
RISK MANAGEMENT
BALANCE SHEET
RECEIVABLES
INCOME TAX
INDICATORS
RECONCILIATION
SALES TAX
ACCOUNTING SYSTEMS
CONSOLIDATION

Social Profiles

Personal Website
Personal Website

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Languages

Hindi
Expert
Tamil
Expert
Malayalam
Expert
English
Expert

Memberships

Institute Of Management Accountants (IMA - USA)
  • Qualified Member
  • January 2023
Association of International Certified Public Accountants - (AICPA - UK)
  • Qualified Member
  • July 2023
Corporate Finance Institute ( CFI- Canada)
  • Qualified Member
  • January 2024
The Institute of Chartered Accountants in England and Wales ( ICAEW)
  • Associate Chartered Accountant (ACA)
  • April 2024

Training and Certifications

Certificate in Introduction to R programing -IIIT- Kerala (Certificate)
Date Attended:
April 2023
Power BI Certification (Certificate)
Date Attended:
January 2024
ESG Integration & Financial Analysis Certification (Certificate)
Date Attended:
January 2024
Lean Six Sigma - Yellow, Green and Black Belt Certifications (Certificate)
Date Attended:
October 2023