Summary
Overview
Work history
Education
Skills
LANGUAGES
Accomplishments
Timeline
Generic
AGEESH A.V

AGEESH A.V

Dubai,UAE

Summary

Highly skilled finance professional with extensive expertise in financial reporting, VAT compliance, payroll administration, and trade finance management. Proficient in advanced financial software tools including Tally ERP 9.0, QuickBooks, Sage ERP, and SAP for streamlined operations and data analysis. Demonstrates strong leadership, adaptability, and ethical conduct while excelling in team supervision and internal auditing. Adept at implementing ERP systems as a core user and ensuring compliance with GAAP standards through meticulous account reconciliation and audit coordination. Committed to continuous learning and delivering accurate financial insights to drive organisational success.

Overview

14
14
years of professional experience
2011
2011
years of post-secondary education

Work history

Senior accountant

AL EKWAN AL KHAMSA SEA FOODS LLC
DUBAI, UAE
03.2023 - Current
  • Ensure all financial transactions are accurately recorded and timely, utilizing advanced accounting software and methodologies
  • Monitor daily bank balances to ensure sufficient funds for day-to-day operations
  • Oversee Letter of Credit (LC), Local Bill Discounting (LBD), invoice discounting, and other trade finance activities, ensuring adherence to relevant regulations and company policies
  • Perform daily and intercompany reconciliations to maintain accurate financial data
  • Conduct bank reconciliations to ensure company records align with bank statements, resolving discrepancies promptly
  • Follow up with credit customers daily, prepare statements for outstanding amounts, and manage the credit control process effectively
  • Prepare and update details of Post-Dated Cheques (PDC) collected and issued, reporting to management daily
  • Prepare monthly financial statements, including trial balance, profit and loss account, balance sheet, and various MIS reports
  • Oversee all aspects of monthly payroll and end-of-service benefits, ensuring compliance with relevant regulations and company policies
  • Monitor and manage all aspects of VAT return filing as per FTA rules and compliance, including maintaining scanned copies of VAT input documents
  • Interact with auditors for finalization of accounts and ensure compliance with relevant accounting and auditing standards
  • Conduct internal audits to evaluate and strengthen internal control systems, implementing recommendations
  • Ensure that the documents and VAT filings are accurate, and have the supporting documents prepared to facilitate a smooth FTA audit while avoiding penalties and discrepancies.
  • Provide financial information to management for decision-making and strategy planning
  • Prepare age-wise debtors and creditors reports
    Lead the finance and accounting departments to provide timely and accurate financial information to management
  • Trained new hires on company's accounting procedures; fostered knowledge sharing environment.

FINANCE EXECUTIVE

EFFICIENT AIR CONDITIONING INDUSTRIES
Dubai, UAE
11.2018 - 02.2023
  • Directed comprehensive accounting operations, ensuring strict adherence to UAE financial regulations
  • Supervised trade finance activities, including bulk invoice and Letter of Credit (LC) invoice preparation
    Managed accounts receivables, ensuring timely collections from customers and clients
  • Handled supplier invoice processing, payment execution, and tracking of outstanding vendor invoices
  • Administered petty cash management and closely monitored expenses
  • Conducted regular bank and supplier reconciliations to ensure accurate recording and balancing of transactions
  • Prepared detailed financial statements and management reports to facilitate informed decision-making
  • Maintained prepayment schedules, fixed asset registers, depreciation schedules, and journal vouchers for precise asset and expense tracking
  • Compiled and submitted monthly and quarterly VAT reports, and assisted in VAT audits
  • Reconciled intercompany balances to ensure accurate entries and balance consistency between books
    Managed payroll preparation, verification, and related entry postings
  • Updated and reported post-dated cheques (PDC) details to management on a daily basis
  • Follow up with credit customers on a daily basis, prepare statements for outstanding amounts, and manage the credit control process
  • Prepare monthly financial statements, including trial balance, profit and loss account, balance sheet, and other MIS reports
  • Monitor and prepare all aspects of monthly payroll and end-of-service benefits, and ensure compliance with relevant regulations and company policies
  • Monitor and manage all aspects of VAT return filing as per FTA rules and compliance, including keeping scanned copies of VAT input documents by return wise
  • Provide financial information to management for decision making and planning new strategies, and prepare age-wise debtors and creditors reports
  • Processed journals and compiled supporting documentation to review to maintain quality control standards.

GENERAL ACCOUNTANT

FIVE BROTHERS GENERAL TRADING
Dubai, UAE
04.2014 - 10.2018
  • Handle daily cash, cheque deposits, and withdrawals, ensuring accuracy and timely deposit of daily collections
  • Maintain accurate financial records by accounting for receipts, payments, sales and purchase invoices of outdoors, petty cash, and daily collection entries
  • Manage accounts payable and receivable to ensure timely payments and collections from vendors and customers
  • Negotiated favourable terms with vendors to optimise cost savings without compromising quality or delivery timelines.
  • Expedited invoicing processes, resulting in reduced payment cycles and improved customer relations.
  • Reviewed and processed employee expense reports and vendor invoices for payment.

ACCOUNTS ASSISTANCE

DHANYA AUTO CARE CENTRE
Sharjah
02.2012 - 03.2014
  • Review credit invoices thoroughly to ensure that they match the LPO, have the proper signatures and cost, and are priced correctly
  • Monitor sales transactions and analyze the profit percentage of each outlet on a daily basis. Report any invoices sold below cost to management and recommend corrective action
  • Support the sales and purchasing teams in financial matters, providing guidance and assistance as needed
  • Follow up with authorized signatories to ensure timely approval of payments and manage communication with attorneys, staff, and vendors on receivable matters as directed by management
  • Preparage-wise classification of debtors and creditors and follow-up on payments promptly
  • Generate monthly bank reconciliation statements to ensure account balances are accurate
  • Assisted in monthly closings, ensured timely completion of tasks.

Education

Certification - CMA-US

Institute of Management Accountants
USA

MBA - Finance, Major in Financial Reporting, Auditing and Taxation

B.Com - Accounting, Business Law, Economics, Financial Management, Marketing

University of Calicut

Skills

  • Financial reporting and analysis
  • Payroll administration and compliance
  • Supplier invoice management
  • Specialized financial software proficiency
  • Quarterly VAT returns
  • FTA audit coordination
  • Tally software expertise
  • ERP implementation and usage
  • Sage ERP knowledge
  • Advanced MS Office skills
  • VAT compliance and reporting
  • Bank reconciliation techniques
  • Trade finance oversight
  • Internal auditing practices
  • Data analysis capabilities
  • Credit control strategies
  • Management reporting skills
  • Team supervision and leadership
  • Debt recovery methods
  • Fixed asset management
  • GAAP adherence
  • Account reconciliation processes
  • Cash flow oversight
  • Audit coordination and procedures
  • Profit and loss assessment
  • Balance sheet oversight
  • Tax preparation expertise
  • Negotiation skills

LANGUAGES

English
Fluent
Hindi
Fluent
Malayalam
Native

Accomplishments

  • Successfully handled Letter of Credit transactions, resulting in a 100% accuracy rate and no incidences of non-compliance with regulations
  • Implemented process improvements for invoice discounting, resulting in a reduction of processing time by 30% and increased efficiency in cash flow management
  • Successfully completed multiple external audits with no significant findings, demonstrating your ability to maintain accurate financial records and compliance with regulations
  • Received recognition from senior management for exceptional performance in managing LBD transactions, resulting in increased profitability for the company

Timeline

Senior accountant

AL EKWAN AL KHAMSA SEA FOODS LLC
03.2023 - Current

FINANCE EXECUTIVE

EFFICIENT AIR CONDITIONING INDUSTRIES
11.2018 - 02.2023

GENERAL ACCOUNTANT

FIVE BROTHERS GENERAL TRADING
04.2014 - 10.2018

ACCOUNTS ASSISTANCE

DHANYA AUTO CARE CENTRE
02.2012 - 03.2014

B.Com - Accounting, Business Law, Economics, Financial Management, Marketing

University of Calicut

Certification - CMA-US

Institute of Management Accountants

MBA - Finance, Major in Financial Reporting, Auditing and Taxation

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AGEESH A.V