MILSA THULASEEDHARAN
DUBAI
Summary
Experienced accounting professional with over 10 years of expertise in Dubai. Specializes in accounts payable and receivable, bank reconciliations, and managing multi-million-dollar invoices across diverse projects. Highly proficient in Oracle ERP and Dynamics ERP systems. Currently reviews bank reconciliation reports and leads a team of accounts payable professionals across 19 properties. Demonstrates leadership and a strong track record of delivering financial accuracy in Dubai's number one hospitality industry. Additionally, experienced in preparing and managing budgets to ensure financial efficiency and compliance with RERA regulations.
Overview
12
12
years of professional experience
Work History
Senior Finance Executive (Accounts Payable)
EMAAR HOSPITALITY GROUP
12.2020 - Current
- Management of Accounts payable process and the sole responsibility of the maintenance and accuracy of the payable ledgers has been entrusted.
- Managing the monthly closure of accounts and supporting the MIS team with reporting and analysis
- Supervising accounts payable department to ensure timely payments and checking the SOP compliance at all stages
- Reconciliation of Supplier SOA with the company’s accounts and finalizing the payment value
- Expertise in all kinds of payment processes - manual transfer letters, online banking, checks etc
- Liaising with bank for any payment related issues and treasury requirements
- Assisting with the preparation of the year-end audit file and liaison with auditors relating to the AP ledger
- Reimbursing employee expenses after verifying bills and approvals according to the policies
- Independently handling Escrow Accounts of the business units- have profound knowledge and experience in handling these accounts and complying with the regulations set by Dubai RERA
- Updating cash position of all the properties on daily basis to the management
- Manage vendor relationships and resolve any issues or disputes related to payments or invoices
- Experienced in preparing and managing budgets, Collaborated with auditors for the review and evaluation of budgets, ensuring accuracy and compliance,ensuring alignment with financial goals and organizational objectives.
Officer Accounts (Accounts Payable)
MERAAS HOLDING
01.2020 - 08.2020
- Analyzed Payment Certificates approved by Project Management Team and ensured that approved amount is arranged on time
- Obtained supporting invoices from vendors and ensured that the amounts are aligned with Approved Payment Certificates & Tax Invoice details
- Processed the payments and ensured accurate classification of all project costs based on the standard codes
- Ensured payments with complete documentations & approvals are processed promptly upon due date/receipt by Finance
- Involved in processing Escrow payments through TAS System for projects related to Residential Buildings
- Up-kept vendor details on the TAS System and project cost sheet daily
- Authenticated accounts payable transactions in compliance with the company’s policies & procedures as well as DOA
- Monitored the overall functioning of processes- identifying improvement areas, and implementing adequate measures to maximize customer satisfaction level
- Prepared process dashboards and weekly performance reports as per SLA with a view to appraise management of the process operations and assist in critical decision-making process
- Managed service operations for rendering quality services; provided first line customer support by answering queries & resolving their issues, ensured minimum TAT
- Created and fostered a healthy environment which facilitates high performance of team members and accomplishments of organizational goals
- Facilitated smooth transition of processes from overseas client locations and stabilizing the same, standardizing the process and ensuring compliance with the guidelines
- Mapped clients’ requirements and coordinated in developing & implementing processes in line with pre-set guidelines
AR Analyst
RED ENTERTAINMENT DISTRIBUTION FZCO
07.2015 - 09.2019
- Corresponded customers via email and telephone, resolving disputes and questions, researching misapplied payments, errors in contracts, and other discrepancies
- Prepared and maintained customer’s monthly reconciliation schedules
- Processed and issued credit memo after research has been completed
- Assisted the company’s controller with any projects as assigned
- Made decisions with clear authority to write off balances according to strict guidelines
- Processed internal and customer purges to customer accounts, ensuring accuracy of customer balances
- Was responsible for key customers’ collection performance by closely working together with Sales team
- Worked with AR manager to address any issue with customer credit issues related to DNs
- Reported DN related KPIs and escalated if process was not followed
- Monitored outstanding receivables account through monthly submission of ageing reports
- Participated in weekly meetings with Key Accounts Managers for updating Accounts Receivables Dashboard to be presented to the management
- Handled daily & monthly bank reconciliation of Red & it’s subsidiary Companies, Bank accounts in AED, USD, EUR, GBP, QAR & SAR (24 Bank Accounts)
- Managed Employee Expense Processing & Reconciliation & Analysis on a weekly basis- UAE, Kuwait & KSA
- Facilitated intercompany reconciliation and petty cash management
Accountant
HYPERPHONE LLC
06.2013 - 06.2015
- Facilitated daily bank reconciliation
- Managed payment processing in all currencies and3-way matching of all sales docs – PO/Invoice and GRNs
- Authenticated transactions in accordance with financial policies & procedures
- Processed backup reports entry and handled weekly cheque run
- Maintained listing of accounts receivable & payable and updated vendor files &numbers
Education
Diploma - Indian And foreign Accounting
Glosoft Technologies
Alapuzha10.2007
M.com - Finance
Kerala University
Kerala02.2006
B.com - Corporation
T.K.M.M.College, Kerala University
Kerala08.2002
Skills
- Oracle ERP
- DYNAMICS ERP
References
- Jaifar Abdu, JAbdu@addresshotels.com, +971525519014, Emaar Hospitality Group
- Joby Komban, JobyK@emaar.ae, +971508203290, Emaar Hospitality Group
Timeline
Senior Finance Executive (Accounts Payable)
EMAAR HOSPITALITY GROUP
12.2020 - Current
Officer Accounts (Accounts Payable)
MERAAS HOLDING
01.2020 - 08.2020
AR Analyst
RED ENTERTAINMENT DISTRIBUTION FZCO
07.2015 - 09.2019
Accountant
HYPERPHONE LLC
06.2013 - 06.2015
Diploma - Indian And foreign Accounting
Glosoft Technologies
M.com - Finance
Kerala University
B.com - Corporation
T.K.M.M.College, Kerala University
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