Summary
Overview
Work History
Education
Skills
Languages
Certification
Timeline
Generic

ASHOK JOTHI

Dubai,UAE

Summary

Accomplished finance professional with expertise in advanced bookkeeping, financial reporting and analysis, and month-end close management. Demonstrates proficiency in Excel and account reconciliation, ensuring accurate documentation and reporting. Skilled in supplier negotiations, vendor relationship management, and global sourcing, driving successful commercial negotiations. Adept at creating financial policies and conducting margin analysis to optimize cash flow statements. Committed to leveraging skills for strategic financial growth and operational excellence.

Overview

16
16
years of professional experience
2012
2012
years of post-secondary education
1
1
Certification

Work History

Finance & Procurement Manager

Brilyant MENA Venture LLC
Dubai, UAE
01.2023 - 04.2025
  • Monitor cash flow forecasts to manage liquidity and support operational needs.
  • Oversee payroll processing, ensuring timely and accurate salary payments, tax deductions, and benefit allocations.
  • Manage comprehensive financial reporting processes, including balance sheets and income statements, for accurate monthly closings.
  • Streamline accounts payable and receivable processes, improving cash flow management and reducing outstanding debts.
  • Review and renegotiate insurance policies, securing comprehensive coverage at competitive rates.
  • Conduct detailed financial analysis to identify trends, forecast performance, and support strategic decision-making.
  • Develop and maintain financial policies and procedures manual, enhancing organizational efficiency and accountability.
  • Oversee accounts payable and receivable, ensuring timely processing of invoices and payments to maintain positive cash flow.
  • Manage financial operations, including budget preparation, forecasting, and analysis to optimize resources.
  • Conduct monthly reconciliations of bank accounts to maintain accuracy in financial records.
  • Negotiate terms with suppliers and vendors to secure favorable rates and improve profit margins.
  • Prepare, examine, and analyze accounting records, financial statements, and other financial reports for accuracy, completeness, and compliance with accounting standards.
  • Coordinate with external auditors during annual audits to provide necessary documentation and explanations for financial transactions.
  • Train and supervise junior finance staff, enhancing their skills and performance through targeted development plans.
  • Manage filing of accurate VAT returns within deadlines.
  • Facilitate coordination with international vendors for import acquisitions, and processed forex remittances aligned with import purchases.
  • Prepare documentation for LC, BG, and banking facilities.
  • Evaluate supplier quotations and conducted comparisons to leverage and deliver on budgets.
  • Manage supplier relationships to foster long-term partnerships and ensure consistent supply chain stability.

Finance & Accounts Manager

Brilyant IT Solutions Pvt Ltd
Bangalore
08.2015 - 01.2023
  • Monitored cash flow forecasts to manage liquidity and support operational needs.
  • Oversaw payroll processing, ensuring timely and accurate salary payments, tax deductions, and benefit allocations.
  • Managed comprehensive financial reporting processes, including balance sheets and income statements, for accurate monthly closings.
  • Streamlined accounts payable and receivable processes, improving cash flow management and reducing outstanding debts.
  • Reviewed and renegotiated insurance policies, securing comprehensive coverage at competitive rates.
  • Conducted detailed financial analysis to identify trends, forecast performance, and support strategic decision-making.
  • Developed and maintained financial policies and procedures manual, enhancing organisational efficiency and accountability.
  • Oversaw accounts payable and receivable, ensuring timely processing of invoices and payments to maintain positive cash flow.
  • Managed financial operations, including budget preparation, forecasting, and analysis to optimise resources.
  • Conducted monthly reconciliations of bank accounts to maintain accuracy in financial records.
  • Negotiated terms with suppliers and vendors to secure favourable rates and improve profit margins.
  • Prepared, examined, and analysed accounting records, financial statements, and other financial reports for accuracy, completeness, and compliance with accounting standards.
  • Coordinated with external auditors during annual audits to provide necessary documentation and explanations for financial transactions.
  • Trained and supervised junior finance staff, enhancing their skills and performance through targeted development plans.
  • Managed filing of accurate GST returns within deadlines.
  • Facilitated coordination with international vendors for import acquisitions, and processed forex remittances aligned with import purchases.
  • Prepared documentation for LC, BG, and banking facilities.

Senior Financial Accountant

Infrovate Consulting and Solutions Pvt Ltd
Bangalore
07.2014 - 08.2015
  • Worked with managers during new project creation to prepare budgets, assess project finances and enhance processes.
  • Monitored cash flow closely, implementing measures to improve liquidity and ensure operational sustainability.
  • Managed report generation for quarterly financial reports, submitting information timely to management for analysis.
  • Oversaw all office daily activities with the accounting department, including processes, transactions and payroll.
  • Compiled and submitted VAT returns, keeping abreast of changes in legislation to prevent penalties for non-compliance.
  • Created in-depth monthly reports on data, including cash-flow, budgeting and forecasting.
  • Negotiated with suppliers to secure favourable terms, resulting in reduction in procurement costs.
  • Oversaw accounts payable and receivable, ensuring timely processing of invoices and payments to maintain cash flow.
  • Prepared detailed monthly financial reports, including balance sheets and profit and loss statements, for senior management review.
  • Generated sales tax invoice to provide customers summary and proof of transaction.
  • Coordinated external audits, providing all necessary documentation and explanations to ensure compliance with financial regulations.
  • Negotiated favourable terms with suppliers and vendors, significantly reducing operational costs without compromising quality.
  • Monitored cash flow projections regularly, adjusting strategies to address shortfalls and surplus to optimise financial health.
  • Reconciled monthly bank statements and resolved discrepancies.
  • Posted journal and ledger entries, prepared financial statements and reports and closed books.

Senior Finance & Accounts Executive

Effia Technologies India Pvt Ltd
Bangalore, India
08.2013 - 05.2014
  • Managed payroll processing for the organisation, ensuring accurate and timely disbursement of salaries, bonuses, and benefits.
  • Coordinated with cross-functional teams to streamline accounts payable and receivable processes, significantly improving cash flow management.
  • Evaluated internal financial processes, recommending and implementing improvements that enhanced the accuracy and timeliness of financial reporting.
  • Oversaw preparation of monthly, quarterly, and annual financial statements, maintaining stringent adherence to regulatory standards and deadlines.
  • Conducted detailed variance analysis between actual and budgeted figures, offering insights for informed decision-making by senior management.
  • Facilitated internal and external financial audits by providing comprehensive support and documentation.
  • Oversaw accounts payable and receivable, ensuring timely processing of invoices and payments to maintain positive cash flow.
  • Led financial reporting activities, including monthly close procedures, to ensure timely and accurate presentation of financial results.
  • Coordinated with external auditors during annual audits to provide necessary documentation and explanations for financial transactions.
  • Managed payroll functions, ensuring accurate calculation of wages, benefits, and deductions in compliance with laws and regulations.
  • Conducted monthly reconciliations of bank accounts to maintain accuracy in financial records.
  • Arranged and processed accurate and on-time VAT returns.
  • Monitored expenses, income, budgets and petty cash records and acted upon errors.
  • Managed accounts payable and receivables, raising invoices, reconciling accounts and processing cash transactions.

Finance & Accounts Executive

Enzyme Office Spaces Pvt Ltd
Bangalore, India
07.2011 - 08.2013
  • Facilitated internal and external financial audits by providing comprehensive support and documentation.
  • Managed payroll functions, ensuring accurate calculation of wages, benefits, and deductions in compliance with laws and regulations.
  • Conducted monthly reconciliations of bank accounts to maintain accuracy in financial records.
  • Monitored compliance with tax laws and regulatory requirements, preparing and submitting tax returns and other necessary documents.
  • Led financial reporting activities, including monthly close procedures, to ensure timely and accurate presentation of financial results.
  • Streamlined invoice processing system, reducing processing time and improving supplier relationships through timely payments.
  • Oversaw accounts payable and receivable, ensuring timely processing of invoices and payments to maintain positive cash flow.
  • Coordinated with external auditors during annual audits to provide necessary documentation and explanations for financial transactions.
  • Managed financial operations, including budget preparation, forecasting, and analysis to optimize resources.
  • Consulted with managers and chief executive to understand financial situation.
  • Partnered with senior operations leadership on budgetary and financial management decisions.
  • Reported on financial situation to guide decision-making and budget formulation.
  • Arranged and processed accurate and on-time VAT returns.

Junior Accountant

Atlas Distributors Pvt Ltd & Group Company
Bangalore, India
06.2009 - 06.2011
  • Reviewed travel cost documents, organized billing summaries, and issued necessary invoices.
  • Utilized accounting software for bookkeeping, invoicing, and bank reconciliation.
  • Created and maintained journal entries, maintaining exceptional accuracy throughout.
  • Supported senior accountants in the creation of detailed budget reports, financial forecasts, and strategic financial planning.
  • Reconciled monthly bank statements and resolved discrepancies.
  • Managed accounts payable and receivable, ensuring timely processing of invoices and payments to maintain cash flow.

Education

Bachelor of Commerce -

Bangalore University

Skills

  • Reporting and documentation
  • Month-end close management
  • Advanced bookkeeping
  • Cash flow statements
  • Excel proficiency
  • Account reconciliation
  • Margin analysis
  • Financial policy creation
  • Financial reporting and analysis
  • Supplier negotiations
  • Vendor relationship management
  • Commercial negotiation
  • Global sourcing

Languages

English
Tamil
Hindi
Kannada
Telugu

Certification

CMA (US) – In Progress (Part 1/2)

Timeline

Finance & Procurement Manager

Brilyant MENA Venture LLC
01.2023 - 04.2025

Finance & Accounts Manager

Brilyant IT Solutions Pvt Ltd
08.2015 - 01.2023

Senior Financial Accountant

Infrovate Consulting and Solutions Pvt Ltd
07.2014 - 08.2015

Senior Finance & Accounts Executive

Effia Technologies India Pvt Ltd
08.2013 - 05.2014

Finance & Accounts Executive

Enzyme Office Spaces Pvt Ltd
07.2011 - 08.2013

Junior Accountant

Atlas Distributors Pvt Ltd & Group Company
06.2009 - 06.2011

Bachelor of Commerce -

Bangalore University

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ASHOK JOTHI