MERVIN RAKESH NAZARETH
Dubai
Summary
Experienced professional accountant with expertise in maintaining financial accuracy, strategic planning, and regulatory compliance. Recognized for effective collaboration and adaptability. Demonstrated skills in financial reporting, budgeting, and auditing. Known for reliability and results-driven approach, consistently aligning financial operations with organizational goals.
Overview
17
17
years of professional experience
2017
2017
years of post-secondary education
Work history
Chief accountant
ART Elite Car Rental LLC
Dubai, UAE
2025.01 - Current
- Managed payroll functions, ensuring accurate and timely processing.
- Maintained updated knowledge of relevant laws and regulations avoiding legal complications.
- Handled complex financial data analysis tasks offering insightful business intelligence.
- Set up efficient invoicing system reducing payment delays.
- Strengthened financial operations by implementing new accounting systems and procedures.
- Implemented cost control measures to reduce unnecessary expenditure.
- Prepared detailed forecasts to guide budgetary planning process successfully.
- Demonstrated keen attention to detail whilst reviewing contracts and agreements.
- Optimised cash flow by managing credit and collection procedures effectively.
- Collaborated with external auditors for accurate year-end audits.
- Coordinated finance activities across departments for operational efficiency.
Chief Accountant
Euro Pack Industries LLC
Ras Al Khaima
2023.06 - 2026.04
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Handled month-end and year-end finances by managing and reporting fixed assets and other data.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Completed year-end closing processes with controllers and external auditors.
- Safeguarded company's financial health by implementing robust internal controls and risk mitigation measures across various departments.
- Maintained accurate financial records by overseeing general ledger reconciliation efforts on a monthly basis.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Supported mergers and acquisitions activities by participating in due diligence processes, assessing target companies' financial health, identifying synergies, risks or areas for improvement post-integration into existing operations.
- Completed biweekly payroll and maintained employee records.
- Drafted variance reports, regulatory filings, and related schedules.
- Trained new employees on accounting principles and company procedures.
- (Manufacture of Packing & Packaging Materials)
Senior Accountant
Paramount Leasing and Car Rental L.L.C.
Dubai
2014.09 - 2023.06
- Engaged in accounting in a day-to-day manner to fulfill organization needs
- Analyzing financial statements and checking pertinent information to determine creditworthiness of prospective and existing clients
- Engaged in analyzing VAT Return, VAT statement and Input / Output GL reconciliation, sales and purchase return adjustments
- Verifying and approving the Inventory movement
- Analyzing budgeting, sales, and selling & admin budget review
- Contributing in variance analyzing and reporting, budgeting and actual reconciliation (quarterly review)
- Updating schedules: prepayments, deposits, fixed asset, depreciation, provision and other schedules related to closing of accounts
- Reconciling financial with budget and MIS
- Assessing fixed assets updating, engaged in casting and book value confirmation
- Company Overview: Leading and largest Rent a Car and vehicle Leasing business house in U.A.E
Accountant
Gulf Commercial Corporation International LLC
Sharjah
2008.11 - 2014.08
- Managing the verification and approval of all cash and cheque payments in banks online system after scrutinizing LPOs and other supporting documents so the accurate payment made
- Led the preparation & submission of Monthly/Quarterly Financial reports to Management as per guidelines including sales report for monthly review
- Reviewing Accounts Receivable Report and Payable Report from Purchase Department; solving the mistakes in cases, engaged in reconciliation of debtors, creditors & bank statements
- Engaged in factoring / credit insurance operations of the organization
- Monitoring Bank Guarantee related work; checking the terms & conditions, renewal and claim
- Analyzing monthly and yearly finance cost of the company and cost of funds; preparing and analyzing overall yearly finance cost budget
- Receiving statements & invoices and restoring the same according to the opening & closing balance in the client application
- Monitoring Import & Export LC; engaged in checking, documenting, negotiating and monitoring payment
- Company Overview: Leading and largest Automobile business in Gulf having 70 branches across Middle East
Education
MBA - Finance
Jaipur National University
IndiaB.Com. - undefined
Mangalore University
Karnataka, IndiaSkills
- Finalization of Accounts
- Client Relationship Management
- Cash Flow Management
- General Insurance Operations
- Month-end and Year-end closing, External Audit support
- MIS Reporting & Documentation
- Process Excellence
- Team Management
- UAE - VAT return
- Profits and losses tracking
- Time management expertise
- Internal controls establishment
- Microsoft Excel
- Account reconciliation
Timeline
Chief accountant
ART Elite Car Rental LLC
2025.01 - Current
Chief Accountant
Euro Pack Industries LLC
2023.06 - 2026.04
Senior Accountant
Paramount Leasing and Car Rental L.L.C.
2014.09 - 2023.06
Accountant
Gulf Commercial Corporation International LLC
2008.11 - 2014.08
B.Com. - undefined
Mangalore University
MBA - Finance
Jaipur National University