Mohamed Ilyas Angat Parambil

Abu Dhabi,UAE

Summary

Experienced professional with expertise in Microsoft Dynamics 365 ERP, Zoho One ERP, and SAP ERP (FiCo). Proficient in Power BI Tools, Data Visualisation & Business Intelligence Tools, and Financial Reporting Tools. Skilled in Payroll Management Systems with a strong focus on delivering accurate financial reports and insightful data visualisations. Committed to leveraging advanced ERP systems to enhance business operations and drive organisational success. Seasoned finance professional with focus on strategic financial management and analysis. Drive profitability and operational efficiency through insightful financial planning, budgeting, and forecasting. Leverage strong leadership and communication skills to optimise team performance and stakeholder engagement.

Overview

years of professional experience

Work history

Finance Manager / CFO

NX DIGITAL TECHNOLOGY

Abu Dhabi

2021.10 - 2026.05

Managing the overall finance function including financial planning, budgeting, forecasting, reporting, and financial analysis.
Developing and implementing financial strategies aligned with organizational goals and project requirements.
Supporting senior management with financial insights and strategic recommendations for business growth and operational efficiency.
Implementing and monitoring project cost control systems across operations and ongoing projects.
Preparing and analyzing project-wise profitability reports, cost variance reports, and financial performance metrics.
Monitoring operational expenditures to ensure adherence to approved budgets and financial policies.
Coordinating with project teams to maintain cost discipline and optimize resource utilization.
Reviewing procurement costs, subcontractor agreements, and vendor pricing to ensure cost efficiency and optimal commercial terms.
Evaluating supplier quotations, contracts, and payment structures to support cost-effective procurement decisions.
Monitoring subcontractor billing and project-related expenditures for financial accuracy and compliance.
Establishing and strengthening internal financial controls to monitor expenses and prevent budget overruns.
Ensuring compliance with applicable financial regulations, VAT requirements, corporate tax regulations, and company policies.
Managing statutory reporting requirements and supporting external audits and financial reviews.
Managing cash flow planning, treasury activities, and working capital requirements to ensure financial stability.
Liaising with banks and financial institutions for financing arrangements, guarantees, credit facilities, and banking operations.
Monitoring fund utilization, payment schedules, and financial obligations to maintain healthy liquidity levels.
Preparing monthly management reports, financial statements, cash flow reports, and operational performance analysis.
Providing management with financial forecasts, profitability analysis, and strategic cost-saving recommendations.
Supporting decision-making through detailed financial modeling and variance analysis.
Key Responsibilities & Achievements

Cost Accountant

SECURETECH LLC

Abu Dhabi

2015.03 - 2021.09

Monitored project-wise costs for IT infrastructure and data center projects against approved budgets to identify cost overruns and financial risks at an early stage.
Maintained detailed cost tracking systems for project expenditures, labor allocation, and operational expenses.
Collaborated with project managers and technical teams to ensure cost efficiency throughout project execution.
Controlled and monitored inventory costs related to IT hardware, servers, networking equipment, cabling, and project materials.
Performed inventory reconciliation between physical stock and financial records to maintain accuracy and minimize discrepancies.
Implemented inventory control procedures to optimize material utilization and reduce wastage.
Prepared monthly, quarterly, and annual project budgets and cost forecasts for ongoing and upcoming IT infrastructure projects.
Assisted management in financial planning and resource allocation based on project cost analysis.
Supported strategic decision-making through detailed financial projections and budget evaluations.
Conducted comprehensive variance analysis by comparing actual project costs against budgeted costs.
Investigated cost deviations and provided management with detailed variance reports and corrective action recommendations.
Analyzed trends in material, labor, and operational expenses to improve financial control.
Reviewed subcontractor payment applications, supplier invoices, and purchase orders for accuracy and contractual compliance.
Coordinated with procurement and project teams to validate vendor billing and payment approvals.
Ensured timely processing of payments while maintaining cost controls and supporting documentation.
Prepared detailed project profitability reports including: Material Cost Analysis, Labor Cost Analysis, Overhead Allocation, Project Margin Analysis.
Generated management reports to support operational and financial performance reviews.
Assisted senior management with project financial evaluations and performance monitoring.
Identified opportunities for cost reduction and operational efficiency improvements.
Recommended cost-effective procurement strategies and alternative solutions to optimize project profitability.
Contributed to the enhancement of financial controls and reporting procedures.
Key Responsibilities & Achievements

Accounts cum Finance In-Charge

KEVI Group of Enterprises

Kerala

2009.06 - 2014.05

Managed day-to-day financial operations including invoicing, collections, supplier payments, and fund management.
Monitored and controlled cash flow activities to ensure smooth operational liquidity.
Coordinated with banks, vendors, and customers for financial transactions and payment follow-ups.
Maintained effective control over receivables and payables to improve working capital management.
Maintained accurate accounting records and updated the general ledger on a daily basis.
Performed monthly bank reconciliations, account reconciliations, and ledger scrutiny.
Processed employee payroll, leave settlements, overtime calculations, and related statutory deductions.
Managed journal entries, accruals, prepayments, and fixed asset records.
Prepared monthly, quarterly, and annual financial statements including: Balance Sheet, Profit & Loss Statement, Cash Flow Statement.
Generated MIS reports and financial analysis for management decision-making.
Assisted management in budgeting, forecasting, and cost control initiatives.
Conducted variance analysis and identified areas for financial improvement.
Ensured compliance with company policies and statutory financial regulations.
Assisted in VAT filing, tax calculations, and preparation of supporting documentation.
Coordinated with tax consultants and regulatory authorities for financial compliance matters.
Maintained proper documentation and records for taxation and compliance purposes.
Assisted external auditors during annual financial audits.
Prepared audit schedules, reconciliations, and supporting financial documents.
Resolved audit queries and ensured timely submission of required information.
Supported implementation of internal controls and audit recommendations.
Key Responsibilities & Achievements

Education

CMA -

Institute of Cost Accountants of India

Bachelor of Commerce - B.Com Finance

Calicut University

Skills

Microsoft Dynamics 365 -ERP
Zoho One ERP
SAP ERP (FiCo)
Power BI Tools

Data Visualization & Business Intelligence Tools
Financial Reporting Tools
Payroll Management Systems

PERSONAL DETAILS

Nationality: India
Country of Residence: UAE
Visa Status: Employment Resident Visa
Mob No: +971568658129
Languages Known: English, Hindi, Malayalam, Tamil, Arabic
Date of Birth: 22-03-1988

Timeline