NAEEM CHELAN KANDIYIL
Dubai,UAE
Summary
Astute finance professional with extensive experience in Accounts Receivable, Oracle and Yardi. Over 10 years of progressive experience in the field with deep understanding of IFRS and other relevant guidelines, due diligence in various industries.
Overview
14
14
years of professional experience
5
5
years of post-secondary education
Work History
Assistant Manager - Accounts Receivable
Merex Investment Group LLC
Dubai , UAE
12.2020 - Current
- Perform and run month end closing functions for the proper AR closure in Yardi and Oracle.
- Review monthly revenue recognition and accounting to ensure the compliance to IFRS requirements and company's revenue recognition policy.
- Regularly review underlying system set-ups to ensure revenue recognition is accurate as per IFRS and company policies.
- Analyse and identify revenue variances against budget and provide clarifications to senior management.
- Implement policies, processes and procedures for the proper management / reporting of accounts receivable and provision for bad debts / bad debts write off in order to comply with IFRS requirements and company policies.
- Perform monthly account reconciliations to ensure Sub Ledgers and General Ledger are reconciled and all underlying records are complete and accurate. Act on any unreconciled items along with relevant teams to ensure the resolution of these unreconciled Items.
- Ensure all Accounts receivable and revenue related schedules are provided on time to complete and submit Management Reports to Shareholders on Monthly/Quarterly/half year/annual basis.
- Ensure all underlying quality accounts receivable information is provided to FP&A team to complete Management Reporting.
- Support the management in providing Adhoc information as required.
- Manage daily finance services for smooth business operations.
- Deliver regular management reports and supervise quarterly tax calendar.
- Review and monitor financial controls, processes and procedures to enable best practice development.
- Conduct variance analysis to identify discrepancies and implement corrective actions.
- Conduct balance sheet reconciliations in Yardi & Oracle, verifying all entries adhered to company guidelines.
- Ensure business continuity through effective review and management of customer debt and cash allocation.
- Finalise VAT returns with rigorous transaction checks.
- Review bookkeeping and management accounts to achieve clear and correct reports.
- Identify areas for improvement and enhancements in financial processes and reporting mechanisms.
Accounts Officer
Meraas Holding LLC
Dubai , UAE
12.2015 - 10.2020
- Posting the daily financial activities in Oracle system.
- Posting revenues by verifying and entering transactions on timely manner.
- Maintaining records of customer wise collections and post-dated cheques.
- Preparing weekly statements and activity reports.
- Examining and analyzing accounting records, reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
- Resolve valid or authorized deductions by entering adjusting entries.
- Resolve invalid or unauthorized deductions by following pending deductions procedures
- Resolve collections by examining customer payment plans, payment history, credit line, coordinating contact with collections department
- Summarise receivables by maintaining customer statement of accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing analysis report.
- Advising collection and operations departments for ensuring better internal control system & compliance of legal requirements.
- Performing the smooth closing of month end and year end within the specified time period.
- Preparation of the different reports to assist the management and external auditors.
- Providing / arranging required documents, reports etc. to external auditors.
- Protects organization's value by keeping information confidential.
- Updates job knowledge by participating in house training and educational opportunities.
- Designing & implementing accounting systems and procedures in system automation and as per regulatory and legal requirements including taxation, annual report and accounts.
- Reviewing lease agreement checklist for finance approval.
- Preparing bank reconciliation reports.
Accountant
Al Bawakir Group
Doha , Qatar
02.2012 - 12.2015
- Posting the daily financial activities in accounts receivable such as invoicing, receipts etc.
- Posting revenues by verifying and entering transactions on timely manner.
- Maintaining records of customer wise collections and post-dated cheques.
- Providing financial reports and interpreting financial information to operational & managerial staffs while recommending further courses of action
- Monitoring financial details to ensure that legal requirements are met
- Assisting in preparation of company's reports related to budgets, annual reports and so on.
- Preparing various Management Reports for Senior Management review and assisting in preparing presentations.
- Supports financial planning by forecasting cash.
- Collaborating with Internal Auditors to ensure appropriate monitoring of company’s policies are maintained.
- Engaged in statutory auditing & consolidation of accounts, managing the entire assignment right from planning until the completion of the assignment in accordance with the firm's respective audit methodology and processes.
- Performing the smooth closing of month end and year end within the specified time period.
District Co-ordinator
Swathy Smartcards Hi-Tech Private Limited
Kerala , India
05.2010 - 12.2011
- Managing the project UID based National Population Register (NPR) under The Unique Identification Authority of India (UIDAI).
- Maintaining the project reports and updating the status with respective regional Government officials.
- Managing the team which involves the creation of NPR with digital database having identity details of all individuals along with their photographs, finger biometrics and iris capture.
- Maintaining the overall security situation and keeping a check on identity frauds in the country.
- Maintaining and reporting the NPR database to Unique Identification Authority of India (UIDAI) for biometric de-duplication and assigning of a unique identification number.
Education
Master of Business Administration - Business Finance
Anna University
India 09.2007 - 09.2009
Bachelor of Commerce - Accounting and Economics
University of Calicut
India 06.2003 - 06.2006
Skills
- Financial Accounting
- IFRS Revenue Management & Reporting
- MIS Reporting
- Balance sheet reconciliations
- General ledger accounting expertise
- Accounts receivable
- Budget analysis
- Oracle & Yardi proficiency
- MS Office Suite
- Taxation - UAE VAT
- Bank account reconciliations
- Corporate finance
Languages
English
Fluent
Hindi
Fluent
Malayalam
Native
Tamil
Fluent
Arabic
Elementary
References
References available upon request.
Timeline
Assistant Manager - Accounts Receivable
Merex Investment Group LLC
12.2020 - Current
Accounts Officer
Meraas Holding LLC
12.2015 - 10.2020
Accountant
Al Bawakir Group
02.2012 - 12.2015
District Co-ordinator
Swathy Smartcards Hi-Tech Private Limited
05.2010 - 12.2011
Master of Business Administration - Business Finance
Anna University
09.2007 - 09.2009
Bachelor of Commerce - Accounting and Economics
University of Calicut
06.2003 - 06.2006
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