BALU RAJEEV
Dubai,UAE
Summary
Accounting professional versed in internal controls, taxation and business accounting practices. Focused on helping improve financial solvency with optimised systems and accurate forecasting. Diligent about auditing records and maintaining compliance standards.
Knowledgeable finance professional with background in financial forecasting, budget administration and cash-flow management. Uses strong analysis and research to develop comprehensive annual budgets. Drives continual improvement in department processes and workflows.
Overview
11
11
years of professional experience
Work History
Finance manager
Magnus Infotech Trading LLC
Dubai, UAE , KSA
09.2024 - Current
- Streamlined financial procedures to improve efficiency and accuracy.
- Managed a team of junior finance professionals, promoting professional development.
- Reduced operational costs by implementing cost-saving strategies.
- Developed comprehensive financial reports for top management review.
- Enhanced company profitability with strategic budget planning.
- Led forecasting exercises to anticipate future business needs.
- Reviewed and updated internal financial policies, ensuring compliance with regulations.
- Ensured accurate tax filings, avoiding penalties and interest charges.
- Collaborated closely with auditors to ensure smooth audit processes.
- Implemented new financial systems enhancing data accessibility and reliability.
- Prepared regular cash flow reports assisting in better fund allocation.
- Managed cash flow and liquidity, mitigating financial risks and ensuring stability.
- Finalised VAT returns with rigorous transaction checks.
- Reduced annual business expenditure through careful expense monitoring.
Internal Auditor ,Financial analyst
Nuvac Group of Companies
Business Bay , Dubai , UAE , Kuwait , KSA
10.2023 - Current
- Drew up annual Internal Audit Plan based on key risks and strategies.
- Installed internal controls and set up standard procedures for business accounting systems.
- Verified implementation of controls through testing and interacting with relevant company staff.
- Shaped internal audit strategy and methodology to meet company goals.
- Conducted regular reviews and official audits to validate recordkeeping and controls.
- Undertook continuous monitoring to drive improvements.
- Reported on control deficiencies to management and made recommendations to mitigate risk and add value.
- Trained new employees on accounting principles and company procedures.
- Compiled financial data for business forecasting and budgeting.
- Analysed budgets and financial projections for accurate reporting of company performance.
- Carried out spot checks on physical stock, trade debtors and key areas to identify and resolve issues.
- Managed end-to-end audit process from scoping to fieldwork and report writing.
- Generated invoices based on established accounts receivable schedules and terms.
- Investigated suspected cases of fraud and theft involving small numbers of transactions or complex systems.
- Determined ways to cut costs and improve productivity.
- Issued targeted follow-ups to improve company processes.
- Organised and carried out month-end, quarterly and year-end processes.
- Assessed staff efficiency and productivity and made recommendations for improvements.
Assistant professor, Guest lecturer
Santhigiri College of Computer Sciences , Vazhitha
Thodupuzha , Kerala , INDIA
06.2018 - 09.2022
- Helped students to achieve target grades through continuous curricular support and motivation.
- Reported on students' progress, achievements and behaviour.
- Developed multidisciplinary approaches to education, ensuring high-quality teaching, research and student experiences.
- Continued personal professional development by attending workshops and training, optimising knowledge to enhance course curriculum.
Accounts manager
Infozone solutions
kerala , India
01.2017 - 05.2018
- Managed payroll operations for team of employees.
- Prepared monthly reports, account reconciliations and financial statements.
- Handled customer concerns and complaints to resolve issues and build loyalty.
- Supervised accounting department operations and team of [Number] employees.
- Improved overall process for year-end inventory audits.
Articled assistant
Shaju associate
Ernakulam , India
05.2014 - 05.2017
- Prepared reports and projections based on financial data.
- Examined financial documents to check totals, verify transaction accuracy and identify discrepancies.
- Maintained and improved company bookkeeping processes.
- Created quarterly and yearly balance sheets to track financial trends and performance.
- Verified items billed against items received, following up with vendors to reconcile variances.
- Reconciled all company accounts, including credit cards and expenses.
- Reviewed customer invoices for accuracy and posted information to general ledger.
- Assisted in completion of audit jobs from planning stage to finalisation.
- Assisted with creation of audit plans, ensuring they met set objectives.
Education
ACCA Affiliate -
Association of Chartered Certified Accountants
ICB Level 3 - Accounts and Finance
The Institute of Certified Bookkeepers UK
Postgraduate Degree - Accounts and taxation
Indira Gandhi National Open University
Bachelor of Commerce - Accounts and taxation
MG University Kottayam
Tally Academy
Skills
- Financial planning
- Fraud investigations
- Internal audit execution
- Budget control
- Financial planner
- Budget forecasting expertise
- ERP (Enterprise Resource Planning) software
- Account reconciliation processes
- GAAP understanding
- Budget analysis
- Corporate tax planning knowledge
- General ledger accounting
- Cash Flow analysis
- GCC
Timeline
Finance manager
Magnus Infotech Trading LLC
09.2024 - Current
Internal Auditor ,Financial analyst
Nuvac Group of Companies
10.2023 - Current
Assistant professor, Guest lecturer
Santhigiri College of Computer Sciences , Vazhitha
06.2018 - 09.2022
Accounts manager
Infozone solutions
01.2017 - 05.2018
Articled assistant
Shaju associate
05.2014 - 05.2017
ICB Level 3 - Accounts and Finance
The Institute of Certified Bookkeepers UK
ACCA Affiliate -
Association of Chartered Certified Accountants
Postgraduate Degree - Accounts and taxation
Indira Gandhi National Open University
Bachelor of Commerce - Accounts and taxation
MG University Kottayam
Tally Academy
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