CA Dhara Ratanghayra
Dubai,UAE
Summary
A qualified Chartered Accountant from the Institute of Chartered Accountant of India with more than 10 years of experience in month-end and year-end closing, group consolidation, financial & management reporting, general ledgers control and reconciliation, cash flow and liquidity management, banking relationship, treasury function and internal controls
Diligent with strong analytical mindset, excels in financial analysis and budget management. Proficient in leveraging accounting software and enhancing financial reporting processes to drive accuracy and efficiency. Committed to delivering impactful financial strategies and improvements within finance manager role.
Overview
18
18
years of professional experience
9
9
years of post-secondary education
Work history
Finance Manager GDC
NOMAC Ltd. (wholly owned subsidiary of ACWA Power Ltd.)
Dubai, UAE
09.2022 - 09.2025
- Ensure monthly, quarterly and year end closing process for the group (60 entities) in compliance with IFRS principles and validate the trial balances are uploaded in hyperion financial management.
- Review and validate all the post closure report from hyperion financial management system such as prepayments, fixed assets, intercompany balances, and othe balance sheet general ledger substantiation.
- Handling in monthly, quarterly and year end consolidation of financial statements (as per IFRS 10).
- Prepare and deliver accurate and timely financials reports, dashboards and key performance metrics by ensuring consistency, reliability and transparency of financial information.
- Perform detailed financial analysis including trend analysis, variance analysis and profitability assessments and provide actionable insights, recommendations to support strategic and operational decision making.
- Partner with business development, operations and other internal teams to provide financial guidance.
- Responsible to coordinate with external auditors and ensure audit ready documentation and timely completion of audits.
- Automation and validation of various reports in Oracle (Zakat, Investment, Dividend, Share capital and investment etc.).
- Review and validation of SOP working, approve the SOP entries in Tax TB (for Zakat and Income tax) and forward the Tax TB to consultant for correct and accurate tax working and load the Tax Tbs in TRCS on monthly basis to get accurate provision.
- Automated the SOA submission and requesting SOA for counter party process.
- Assist in implementation of FCCS and Power Bi for accurate reporting and consolidation purposes.
- Responsible for submission of Dividend validation, project wise deferred revenue, Investment validation etc. to Holding company.
- Handling the automation of reconciliation process and implementing the ARCs software for intercompany reconciliation purpose.
- Preparation and review of zakat FS on time to the auditors for holding company.
- Preparation and tracking of task scheduler on BPM on daily basis to complete the task within the prescribed deadline.
- Support the development of annual budgets and periodic forecasts by coordinating with multiple departments.
- Track budget vs actual performance and highlight key variances to senior management and recommend correcting actions.
- Implement and monitor financial policies, procedures and internal controls to identify opportunities to improve financials processes, systems and reporting efficiency.
- Lead, mentor and develop finance team members to foster collaborative, accountable and result driven work environment.
Senior Accountant – MEA & AFR
GAC Group (Holdings) Limited
11.2019 - 09.2022
- Looking after 35 GAC companies financials of the MEA and AFR region.
- Preparing consolidated Budget for MEA and AFR, reviews on annual budget, forecast, investment, Job ageing and analyze the variance and support in preparation of Regional strategic meeting report MEA and AFR.
- Analyze all the other monthly, quarterly, biannually, and annual reports send by the company and check the completeness of the reports received at the regional office and prepare accurate regional consolidated reports and financial commentary for all the reports.
- Ensure all HQ and regional office reports are received in time, (P & L reports, cash flow reports, Account receivables reports, party aging watchlist, Job aging reports, lead time reports, customer income, customer profitability reports, O&G report, Investment report, Key figures, inter-company accounts balances, Group reporting packs, Audited Financial Statement).
- Independent analysis of reports received to take remedial action and initiate corrections.
- Independently implemented IFRS 16 for 35 companies and analyze that the IFRS 9 and IFRS15 followed properly.
- Liaison with auditors during Audit of all 35 companies as and when required and help finance managers in workings required by auditor and help them to resolve the queries raised by auditors during audit process.
- Support the Regional Business controller in preparation of reports for various committee meeting.
- Handled the liquidation process for 4 companies, close the financials, prepare, and submit detailed liquidation document to concerned authority.
- Assist in preparing reports, presentations, and other material for the regional Business controller.
- Liaise with HQ and companies regarding corporate recharges and suggested to rectify if there is any error.
- Assist in analysis of VAT issue, Corporate Tax issue, withholding of TAX and ORTT payments.
- Handling the implementation of GAC Group finance initiatives and policies.
- Support Finance Managers in implementation of MIS software (AARO), analyze the test result and suggest the correction required for the same.
- Any other accounts and finance related ad-hoc reports and related matter that may come up from time to time.
Freelancer Chartered Accountant
Upwork
Dubai, UAE
05.2017 - 11.2019
- Providing services related to Bookkeeping, GL Reconciliation, Accounts receivable/payables reports, preparation of profit and loss account, balance sheet, cash flow statements and any ad-hoc finance project related work.
Chief Accountant
Meinhardt (Singapore) Pte Ltd. Dubai
Dubai, UAE
11.2015 - 04.2017
- Preparation and maintenance of all accounting records of Dubai, Abudhabi, Egypt and Oman branches as per accepted accounting principles.
- Responsible for monthly, quarterly and yearly reporting of Profit &Loss, Balance Sheet, A/R Ageing, AP Ageing, Order Book, Accrual, Fund Usage etc.) to head office.
- Responsible for preparation and submission of various reports to operational director like Cash flow forecasting, Pending Payment Report, Pending Collection report, Pending Sub-cons payment & collection report, P&L, BS, and Trial Balance etc.
- Ensuring account receivables targets are met including follow up and collection.
- Responsible for all the payments are made as per agreed TAT, including preparation of cheques, bank transfers.
- Monitoring and reviewing of cash and bank balances on a monthly basis.
- Deal effectively with the bank for financing and day to day transactions.
- Review of Payroll data (approx.100 employees), including timely disbursement of salaries.
- Review of all the staff reimbursements, petty cash expenses and general & admin expenses.
- Liaisoning with Various Site Engineer for Time Sheet and other details for accounting purpose.
- Preparation of Project wise Cash flow and explain the variances against the budget.
- Ensuring monthly, quarterly and annually closing of books of accounts including provisions.
- Responsible making quarterly provision of Work in Process as per IFRS.
- Detailed analysis of the functioning of the accounts receivables and credit policy of the company and follow up the same on regularly.
- Strong interaction with every project head for project data, project stage and invoice stages for account purpose.
Chartered Accountant
DML Group of Companies (Export Trading House). Rajkot India
10.2013 - 02.2015
- Responsible for preparation of Product wise Profit and Loss Account and Balance sheet of DML Group of Companies on a monthly basis.
- Responsible for preparation of Stock statements (on monthly basis), FFR &QIS (Quarterly Information Statements) to Bank Projections, Maintaining Cash Flow Statement, Checking of Bank Reconciliation (on daily basis), Checking PC Limit etc.
- Accounting and maintaining records of Forex and Export transactions (i.e. Dollar Booking, Export Sales, IRTT, ORTT, FPS, Export Incentives and Exchange Rate Difference etc.)
- Verification of monthly, quarterly and yearly Financial Reports prepared by the Accounts Department and scrutiny of closing and provision entries, general ledger review and expense ledger review. Testing of controls related to Financial Reporting. Review of accounting whether consistent with the Auditing standards, Company Law, Income Tax Act, 1961 etc.
- Liaisoning with various banks and financial institutions for getting sanction and negotiation with bankers for terms of the sanction.
- Responsible for submission of monthly stock statement to OBC and SBI.
- Verification of the stock ageing report and the maintenance of inventory.
- Interaction with Company Secretary for providing information for ROC matter (Like Annual Return, New Issue of shares, Increase in Authorized Share Capital etc.)
- Detailed analysis of the functioning of the export accounts receivables and credit policy of the company.
Articleship
M/S Dodiya Mehta & Co. Rajkot, India
09.2007 - 10.2013
- Analysis and preparation of Financial Statement.
- Preparation of Auditors Report and Notes to Accounts.
- Tax audit under Income Tax Law of Corporate entities, Partnership firms as well as Individuals.
- Preparation of Income Tax Returns – Individuals, HUF, partnership firms and Cos, VAT Returns, TDS Returns, Service Tax Returns.
Senior Accountant - Accounts Payables
Khazna Data Centers
Dubai, UAE
09.2025 - 02.2026
- Manage full-cycle accounts payable operations, including invoice processing, 3-way matching (PO, GRN, Invoice), and vendor payment execution.
- Ensure compliance with internal controls, delegation of authority, tax regulations (e.g. VAT), and accounting standards (IFRS).
- Maintain a rigorous control environment to mitigate risks such as duplicate payments, fraud, or non-compliance.
- Manage a large and growing base of local and international vendors with sensitivity to contractual terms, payment terms, and dispute resolution.
- Foster effective vendor relationships while protecting company interests and supporting procurement and legal teams as needed.
- Perform regular AP sub-ledger to GL reconciliations and ensure all variances are investigated and resolved promptly.
- Support the month-end and year-end closing process with accurate accruals, schedules, and reconciliations.
- Serve as the AP focal point during internal and external audits, ensuring accurate and timely submission of audit schedules and supporting documents.
- Maintain complete and auditable documentation of AP transactions in line with regulatory and company policies.
- Suggest automation initiatives and enhance the efficiency of AP operations through ERP (preferably Oracle Fusion) and digital tools.
- Suggest process improvements to manage increasing transaction volumes and complexity.
- Collaborate with Procurement, Project Management, Treasury, and Business Units to align on payment cycles, project-related capex disbursements, and vendor queries.
- Provide insights into payment status, risks, and opportunities.
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
India 01.2007 - 11.2012
Bachelor of Commerce - Accounts and Finance
Saurashtra University
India 04.2007 - 03.2010
Skills
- Proficient in MS-Office (Word, Excel & Power point, Outlook)
- Tally ERP, QuickBooks, AARO, Oracle (ODBC), SAP(S4hana), HFM, Power Bi, TRCS, BPM, Fusion
Training Programs Attended
- Completed Computer Training of 100 hours as per the guidelines prescribed by Institute of Chartered Accountants of India.
- Professional training in General Management and Communication Skills in accordance with the rules of The Institute of Chartered Accountants of India in Jan 2011.
- Completed IGW, HSSE, Microsoft Office 365 and compliance & Ethics courses prescribed by GAC.
Languages
English
Fluent
Hindi
Fluent
Gujarati
Native
Timeline
Senior Accountant - Accounts Payables
Khazna Data Centers
09.2025 - 02.2026
Finance Manager GDC
NOMAC Ltd. (wholly owned subsidiary of ACWA Power Ltd.)
09.2022 - 09.2025
Senior Accountant – MEA & AFR
GAC Group (Holdings) Limited
11.2019 - 09.2022
Freelancer Chartered Accountant
Upwork
05.2017 - 11.2019
Chief Accountant
Meinhardt (Singapore) Pte Ltd. Dubai
11.2015 - 04.2017
Chartered Accountant
DML Group of Companies (Export Trading House). Rajkot India
10.2013 - 02.2015
Articleship
M/S Dodiya Mehta & Co. Rajkot, India
09.2007 - 10.2013
Bachelor of Commerce - Accounts and Finance
Saurashtra University
04.2007 - 03.2010
Chartered Accountant -
The Institute of Chartered Accountants of India
01.2007 - 11.2012