SAP- HANA
Kruti Chhatbar
ACCA, FMVA
Dubai
Summary
Grow to highest level in Finance Function by adding value to the organization in terms of helping in effective strategic decision making, enhance process efficiency, effective management reporting and cost optimization initiative which will be enable organization to grow and achieve its objectives.
Overview
12
12
years of professional experience
2021
2021
years of post-secondary education
3
3
Languages
Work History
Assistant Manager - FP&A
Al Futtaim Group Real Estate
06.2023 - Current
- Competent in preparing monthly and ad-hoc management reports with detailed variance analysis and commentary for business reviews.
- Skilled in leading budgeting and forecasting exercises, ensuring alignment with business objectives on a quarterly and annual basis.
- Skilled in managing the complete accounting cycle for retail companies, including revenue, expense management, financial closing, and reporting.
- Timely completion of external & internal audit requirements received from auditors.
- Experienced in ensuring accurate revenue posting and reconciliation of rental contracts, including complex OCR & TOR calculation, recording of revenues share between entities etc.
- Expertise in verifying LPOs, coding, and posting approved expenses to GL accounts and cost centers, ensuring compliance with Delegation of Authority (DOA) policies.
- Preparation of Balance sheet schedules for Landlord Contribution, rent relief, unearned income etc for management reporting & auditors.
- Participating in year end CBRE valuation process providing necessary information related to each entity.
- Prepare monthly and quarterly financial reports and presentation, KPI Dashboards, variance analysis with narrative insights for senior management
- Contributed to the enhancement of FP&A processes, models and tools across the real estate entities.
Senior Accountant
Oasis Coils and Coating LLC (Al Shirawi group)
09.2022 - 06.2023
- Preparation of monthly management reporting, KPI analysis, providing information on and proposing solution for identified problems.
- Producing month end reports for functional managers, HO defined financial reports and provide daily updates for Sales Dashboard.
- Actively participation in Month end closing with coordination of AP, AR & Payroll team to timely meet the deadline for closing.
- Coordination with team to complete the external audit and ensure requirements are fulfilled on timely basis.
- Preparation of project incentive based on costing and billing details of each job.
- Preparation of Reconciliations of sub-ledger with GL such as Intercompany, supplier, customer reconciliation etc.
- Preparing variances analysis reports btw Budget Vs. actuals before & after actual monthly closing.
- Assisting in the preparation of the yearly budget, quarter forecast and 5yr strategic plan.
- Liaison and support to internal auditors during annual external audit and ensured adequate details and justifications are provided on timely basis.
Senior Accountant
Engie Solution Middle East
09.2020 - 08.2022
- Preparation of MIS report including overall income statement, project wise profit & loss, cash flow forecast, variance analysis & trend analysis reports.
- Preparation of Financials Statement including Financial Position, Income Statement, Changes in Equity, and Cash flow statements.
- Preparation of yearly Budget, Mid Term Plan (MTP), forecast of cash and other adhoc requirement of management.
- Preparation of monthly KPI, SG&A, Price volume effect on SG&A requirement of management.
- Preparation of various schedules supporting each number of balance sheet for quarterly review.
- Preparation of Reconciliations such as Intercompany, supplier, balance sheet items reconciliation etc.
- Ensured timely submission of VAT returns and ensured compliance with VAT rules and regulations for Saudi Arabia and UAE.
- Ensure timely submission of Income Tax and Withholding Tax returns for Saudi Arabia.
- Liaison and support auditors during annual external audit and ensured adequate details and justifications are provided on timely basis.
- Overseeing the required documentation and PO approvals before preparation of payments to supplier.
Accountant
Noza Design FZ LLC (The Lighthouse Restaurant)
05.2019 - 08.2020
- Managed day to day accounting related activities such as invoice booking, vendor payments, vendor reconciliation, petty cash handling, and daily cash reconciliation.
- Part of the team responsible for detailed analyses of daily operational activities such as Sales Analyses, Expense Ratio Analyses, Inventory Analyses report for effective management decision making.
- Preparation of consignment reports monthly and liaison with consignors for sales report and invoicing.
- Preparation and accounting of monthly payroll with including EOSB, Leave Salary & Annual Ticket provision.
- Part of the team responsible for preparation of monthly MIS and analyzing the working capital requirements, operational and financial ratios.
General Accountant
Juliana Fashion Club Pvt. Ltd.
10.2017 - 02.2019
- Part of the team responsible for preparation of budgets and analysis of Revenue, Gross Margins, Net Profit, EBITDA etc.
- Part of the team responsible for preparation of monthly MIS and analyzing the operational and financial ratios, monthly and annual financial statements like balance sheet, profit and loss statements, cash flow etc.
- Preparation of working capital requirement report of the company on monthly basis.
- Part of the team responsible for consolidation of all the branches, after eliminating effect of intercompany transactions.
- Engaged in filing tax returns and completing other statutory requirements on monthly basis.
Articled Assistant
Shah & Shah Associates
02.2013 - 09.2017
- Ensured timely closure of Books of Accounts for one of the government entities with other mid-size entities.
- Active co-ordination and manage team of 4 accountants while handling bookkeeping projects for the firm.
- Engaged in internal, statutory, and concurrent audit procedures of various clients from different industries like Manufacturing, Retail, FMCG and IT.
- Part of the team responsible for tax audit of 50+ midsize companies.
Education
ACCA -
UK
FMVA - undefined
CFI Institute
M.COM - undefined
Saurashtra University
CA- INTER - undefined
ICAI
Skills
- Cross-functional teamwork
- Critical analysis skills
- Adaptable learner
- Problem-solving
- Decision-making
- Budgeting and finance
Software
Yardi
Oracle
Quickbooks
Power BI
MS Office, Power Query & Power Pivot
Timeline
Assistant Manager - FP&A
Al Futtaim Group Real Estate
06.2023 - Current
Senior Accountant
Oasis Coils and Coating LLC (Al Shirawi group)
09.2022 - 06.2023
Senior Accountant
Engie Solution Middle East
09.2020 - 08.2022
Accountant
Noza Design FZ LLC (The Lighthouse Restaurant)
05.2019 - 08.2020
General Accountant
Juliana Fashion Club Pvt. Ltd.
10.2017 - 02.2019
Articled Assistant
Shah & Shah Associates
02.2013 - 09.2017
FMVA - undefined
CFI Institute
M.COM - undefined
Saurashtra University
CA- INTER - undefined
ICAI
ACCA -
UK
Similar Profiles
DIVYA PRABHAKARANDIVYA PRABHAKARAN
Assistant Manager -Legal Lease Administration at Al Futtaim Malls - Dubai,Doha And CairoAssistant Manager -Legal Lease Administration at Al Futtaim Malls - Dubai,Doha And Cairo
Jameel AmerJameel Amer
Finance Manager at Al Futtaim Real Estate GroupFinance Manager at Al Futtaim Real Estate Group
Pushpendra LodhaPushpendra Lodha
Senior Analyst at Al Futtaim Real EstateSenior Analyst at Al Futtaim Real Estate
Rajeev NairRajeev Nair
Group VP Security and Compliance at Beyond ONEGroup VP Security and Compliance at Beyond ONE
Tariq AliTariq Ali
Procurement/Expediting Engineer at BLI NATURAL EXTRACTION EQUIP TRADING LLCProcurement/Expediting Engineer at BLI NATURAL EXTRACTION EQUIP TRADING LLC