Damodharan Baskaran
Dubai
Summary
Experienced in day-to-day accounting processes and applicable regulations. Dedicated to maintaining accurate records with attention to detail and expert financial knowledge.
Overview
14
14
years of professional experience
Work History
SENIOR ACCOUNTANT
TLM INTERNATIONAL FZE
09.2020 - Current
- Managing and supervising daily accounts operations including AP / AR, Cash Receipts, General Ledger, Payroll and Utilities.
- Collecting information to prepare general and special financial reports, and summarising the current financial status, including short-term cash flow analysis.
- Conduct internal audit to substantiate financial transaction, and responsible for full spectrum of statutory audit.
- Recommending policies / procedures and maintaining accounting controls.
- Preparing financial reports such as monthly cash flow, inventory ageing, sales comparison, and accounts receivable ageing.
- Responsible for computing monthly employees' salaries, and posting the same in books with provision for gratuity, leave salary.
- Preparing payment report Bank Upload (sif file) upload the same to financial institution (bank or exchange).
- Conducting stock auditing twice a year (once every six months).
- Responsible for monthly group VAT filing. and all FTA-related communication.
CHIEF ACCOUNTANT
INTERNATIONAL TOOLS WELDING SUPPLY LLC
01.2019 - 06.2020
- Verify, allocate, post and reconcile accounts receivable.
- Analyze financial information to maintain balanced cash flow.
- Summarizes financial status by collecting information to assist and perform vat filing, Responsible for month-end closure.
- Periodical verification for stock aging analysis.
- Lasing with banks for banking facilities, Documentary credits, invoice factoring & etc.
ACCOUNTANT
PIGEON MIDDLE EAST LLC
12.2011 - 11.2018
- Follow up for overdue payment directly with the distributors.
- Handling accounts receivables & passing necessary entry in database.
- Monitoring monthly due payment in order to notify respective distributers.
- Ensured cash collection targets are met on time.
- Oversees supplier account reconciliation.
- Preparing payment for all overseas suppliers only.
- Taking care of Letter of credit (import & export).
- Lasing with bank for LC documents and other trade finance activities.
- Monitoring the bank balance for LC settlement / Trust Receipt.
Education
MFM - Masters in finance management
01-2007
PGDHRM - HR Management
01-2005
B.Com - Bachelor of Commerce
01-2003
Skills
- Oracle ERP
- Focus
- Quickbooks
- Microsoft D365 , Power BI
- Trade finance
- Letter of credit
- Letter of Guarantee
- Tax compliance
Languages
English
Tamil
Telugu
Malayalam
Hindi
Disclaimer
I hereby declare that all statements made above are true and correct to the best of my knowledge.
Timeline
SENIOR ACCOUNTANT
TLM INTERNATIONAL FZE
09.2020 - Current
CHIEF ACCOUNTANT
INTERNATIONAL TOOLS WELDING SUPPLY LLC
01.2019 - 06.2020
ACCOUNTANT
PIGEON MIDDLE EAST LLC
12.2011 - 11.2018