Suresh Sundaram
Senior Accountant
Dubai
Summary
Seasoned Senior Accountant with over a decade of experience in the financial sector. Expertise in financial management, auditing, and regulatory compliance. Proven track record of providing precise financial reporting and strategic insights to enhance organizational performance. Seeking a dynamic role as a Senior Accountant or Finance Executive to drive financial efficiency and contribute to business growth. Commitment to excellence and ability to navigate complex financial landscapes make me an ideal candidate to support company's financial objectives.
Overview
12
12
years of professional experience
Work History
Senior Accountant
Eagle Eye Asset Holdings Pte Ltd DMCC Branch
08.2021 - Current
- Spearheaded the meticulous preparation and analysis of monthly financial statements, enhancing the precision and promptness of financial reporting.
- Orchestrated the comprehensive annual budgeting cycle and delivered insightful financial forecasts, driving strategic corporate decision-making.
- Supervised procurement operations, including the authorization of purchase orders, ensuring efficient and compliant purchasing activities.
- Diligently monitored the general ledger, maintained the fixed asset register, and executed timely monthly financial closings, along with managing accounts payable and receivable.
- Administered payroll processing in accordance with WPS, including accurate computation of overtime in line with UAE labor laws.
- Conducted thorough verification and processing of supplier payments, utilizing aging analysis to optimize cash flow management.
- Ensured strict adherence to federal tax authority regulations, successfully filing VAT tax returns for all entities on a quarterly basis.
- Managed the disbursement of loans and equity payments to subsidiary companies, collaborating with the legal team to ensure proper documentation.
- Played a pivotal role in the successful capital raising efforts, contributing to the company's financial growth and stability.
- Coordinated with finance teams across subsidiary companies to ensure the timely completion of all closing entries, facilitating the preparation of consolidated management information systems (MIS) reports.
- Enhanced financial statement accuracy & timeliness through meticulous preparation and analysis.
- Drove strategic decisions by managing annual budgets and forecasting financial outcomes.
- Streamlined procurement by approving orders & leading a team, ensuring compliance with UAE laws.
- Conducted an inventory audit and facilitated the consignment of E-Bikes from China and India to Spiro, the African subsidiary of Spiro DMCC.
- Conduct training sessions for the new staff at the subsidiary company to familiarize them with the Management Information System (MIS) format and the accounting ERP system, including the accounting groups and ledger masters.
Accountant
DISCOUNT HOMES REAL ESTATE (ALMOOSA INVESTMENT GROUP)
08.2018 - 08.2021
- Respond to Property Managers' inquiries regarding tenant statements and financial discrepancies.
- Review and validate tenant credit memos, non-recurring billings, and cash receipt entries for accuracy.
- Generate and process security deposit refund invoices for Accounts Payable.
- Conduct tenant account analyses and reconciliations to resolve billing disputes.
- Oversee accounts payable submissions for legal and maintenance expenses to ensure compliance.
- Monitor accounts receivable aging reports for delinquencies and manage cash applications.
- Calculate and record monthly accruals for utilities, security, and janitorial services, ensuring accurate expense matching.
- Proficient in AR & AP transaction processing using Yardi voyager applications.
Accountant
Dubai International Reinforced Plastics LLC (A Almoosa Investment Group Company)
08.2018 - 08.2021
- Ensured strict confidentiality and precision in recording all financial transactions using Tally ERP-09.
- Diligently verified and recorded LPOs, cash and bank payment vouchers, and journal entries in compliance with accounting standards.
- Managed fixed and non-fixed asset ledger entries, maintaining an up-to-date asset register.
- Processed payroll for employees via WPS, including accurate overtime computation in line with UAE labor laws.
- Executed purchase entry verification and payment scheduling based on ageing analysis, ensuring timely vendor settlements.
- Conducted VAT tax filings in adherence to Federal Tax Authority regulations.
- Generated complete project invoices and proactively engaged in accounts receivable follow-ups with clients.
- Performed physical inventory counts at the store, providing detailed reports to the internal audit team.
- Compiled and presented profit & loss statements and balance sheets upon request from the Finance Group Manager.
- Collaborated with the senior accountant to develop and analyze monthly, quarterly, and annual budgets, comparing projected versus actual figures.
Assistant Accountant
Abra VM&SD International FZC (DIP Branch)
05.2017 - 07.2018
- Managed end-to-end branch accounting transactions using Tally ERP 9 independently.
- Maintained supplier ledgers and devised regular payment schedules on a weekly and monthly basis.
- Ensured accuracy in accounting records, including Job Card initiation and BOQ validation against approved quotes.
- Oversaw the Purchase and Store departments, conducting weekly LPO verifications.
- Established cost centers and accurately recorded expenses.
- Facilitated the final approval process for material requests essential for production.
- Executed invoicing procedures, ensuring completion of documentation and follow-up on outstanding receivables.
- Developed comprehensive Project Cost Evaluation reports for finalized projects.
Accounts Executive cum Audit Assistant
Elangovan & Co Chartered Accountants
01.2014 - 01.2017
- Collaborated with the Internal Audit Team to ensure the precision of accounts receivable, payable, and general ledgers.
- Managed comprehensive payroll processing, including overtime, Employee State Insurance (ESI), and Provident Fund (PF) for clients.
- Generated accurate financial documents, including invoices, debit notes, and credit notes.
- Prepared key financial statements, such as Trading, Profit & Loss Accounts, and Balance Sheets.
- Executed timely filing of VAT, Central Excise, and Service Tax returns.
- Conducted thorough reconciliation of Debtors and Creditors ledgers.
Education
Master of Arts - Accounting and Finance
Annamalai University
Chidambarm, Tamil Nadu, India07-2013
Skills
- Financial budgeting
- Comprehensive financial reporting skills
- Proficient in GAAP standards
- Complete accounting process oversight
- General Accounting
- Audit assistance
- IFRS
- Accounting and bookkeeping
- Accounts payable and receivable
- Bank reconciliation
- Bookkeeping
- Financial statements
- Payroll processing
- Account reconciliation processes
- Tax return filing
Languages
English
Tamil
Malayalam
Timeline
Senior Accountant
Eagle Eye Asset Holdings Pte Ltd DMCC Branch
08.2021 - Current
Accountant
DISCOUNT HOMES REAL ESTATE (ALMOOSA INVESTMENT GROUP)
08.2018 - 08.2021
Accountant
Dubai International Reinforced Plastics LLC (A Almoosa Investment Group Company)
08.2018 - 08.2021
Assistant Accountant
Abra VM&SD International FZC (DIP Branch)
05.2017 - 07.2018
Accounts Executive cum Audit Assistant
Elangovan & Co Chartered Accountants
01.2014 - 01.2017
Master of Arts - Accounting and Finance
Annamalai University
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