NITHIN KALLINGAL
Abu Dhabi
Summary
Detail-oriented accounting professional with 15 years of experience in the UAE. Managed cash flow, liquidity, and investments while cultivating strong relationships with banking institutions to secure advantageous financing terms. Proficient in accounting software, ensuring accuracy and timeliness in financial operations.
Overview
15
15
years of professional experience
2009
2009
years of post-secondary education
Work history
Accounting Supervisor
Gewan Holding Group
Abu Dhabi
2024.06 - Current
- Trained junior staff members, contributing to increased team productivity.
- Liaised with external auditors providing necessary documentation promptly during annual audits.
- Achieved improved financial efficiency by streamlining accounting procedures.
- Analysed financial statements for accuracy and completeness on a regular basis.
- Streamlined invoice processing, reducing late payment instances significantly.
- Monitored cash flow management operations to prevent any discrepancies or errors.
- Managed full-cycle accounts payable and receivable functions for smooth financial operations.
- Conducted monthly account reconciliations, assuring accurate representation of company's financial position at all times.
- Prepared financial reports that informed strategic decisions for senior management.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Prepared detailed models, reports and charts highlighting complex financial information.
- Produced accurate tax returns complying with official requirements and serving client needs for minimising liabilities.
- Reviewed business expenses to identify eligible deductions during tax computation.
- Prepared quarterly VAT returns for businesses, ensuring compliance with statutory requirements.
- Reviewed corporate tax returns for maximum accuracy and compliance.
TREASURY And GL Accountant
SOLV GROUP
ABU DHABI
2021.01 - 2024.04
- Overseeing the organization's cash flow and liquidity management, ensuring adequate funds are available to meet financial obligations and optimize working capital.
- Developing and implementing cash forecasting models and strategies to accurately predict cash inflows and outflows, enabling effective cash management and planning.
- Monitoring and analysing cash flow patterns, identifying trends, and making recommendations to optimize cash utilization and reduce borrowing costs.
- Managed banking relationships by opening and maintaining bank accounts, negotiating banking terms, and coordinating treasury activities such as fund transfers and foreign exchange transactions.
- Managing short-term and long-term investment portfolios, evaluating investment options, and executing investment decisions.
- Assessed financing needs, analysed borrowing options, negotiated loan terms, and managed debt repayments while monitoring debt covenants for compliance.
- Prepared timely treasury reports, including cash flow statements and risk exposure analyses, to support informed financial decision-making.
- Utilizing treasury management systems and financial technology tools to streamline treasury processes, automate cash management activities, and enhance reporting capabilities.
- Executed and monitored various banking trade activities, including letters of credit, guarantees, and factoring transactions.
SENIOR ACCOUNTANT/ TREASURY ACCOUNTANT
AL RYUM GROUP OF COMPANIES
ABU DHABI
2015.04 - 2020.12
- Assisted the CFO for the entire financial operations of the group
- Compiled ad hoc reports on daily cash flow and forecasted cash flows for management. Created dashboard reports.
- Monitored liquidity position of group and facilitated inter-company transfers to enhance working capital management.
- Coordinate with banks for project financing and secure finance at the most competitive rates.
- Managed Letter of Credit procedures domestically and internationally, ensuring timely actions at each process stage and tracking goods movement until delivery.
- Oversee all supplier payments, including checks, telegraphic transfers, LC payments, utilities, and credit cards.
- Arrange and ensure settlement of all local and overseas payments in compliance with company policies and procedures.
- Act as a liaison with banks, vendors, clients, and both internal and external auditors.
- Monitor receivable accounts, including retention and advances recovery. Analyse data and provide reports, including dashboards, to management.
- Utilize accounting software and enterprise resource planning (ERP) systems to streamline financial processes, maintain accurate records, and generate reports
- Collaborated with external auditors (Deloitte, Tagi, EY) and internal auditors, providing support, addressing audit findings, and initiating corrective actions as advised by management.
- Al Ryum Group is one of the Leading Construction operating company. We Constructed Dubai parks and resorts, LS of Emirates Palace. We booked $350M turn over during these periods.
- Outlined main duties for the role
PAYABLE ACCOUNTANT
PIVOT ENGINEERING & GENERAL CONTRACTING
ABU DHABI
2011.01 - 2015.04
- Verify the accuracy, completeness, and compliance of invoices with company policies and procedures. Ensure prompt processing of invoices for payment.
- Manage the accounts payable function, including maintaining vendor accounts, tracking outstanding balances, and resolving any discrepancies.
- Match invoices with purchase orders and receiving documents to ensure accurate billing and proper authorization.
- Process employee expense reports, validate supporting documentation, and ensure adherence to company policies.
- Coordinate and execute vendor payments, ensuring accuracy and adherence to payment terms.
- Monitor and forecast cash flow related to accounts payable, ensuring sufficient funds for timely vendor payments.
- Maintain precise and up-to-date records of accounts payable transactions, including vendor details, invoices, and payment information.
- Review and analyze weekly and monthly invoices from suppliers, ensuring alignment with local purchase orders and delivery notes. Accurately capture and process the data for settlement.
- Provide administrative support to the management team regarding the Payables unit. Assist in implementing policies and procedures related to payables and contribute to their effective implementation.
- Pivot Engineering is employing the giant construction contracts in the capital of UAE. The group is owned by Aldar Properties. Pivot had a turnover of more than $500M during my employment period.
- KEY RESPONSIBILITIES
Education
BACHELOR OF COMMERCE - Banking, Finance, Accounting
Specialized in Banking, Finance, Accounting
DIPLOMA IN FINANCIAL ACCOUNTING - undefined
Skills
- GL Accounts
- Treasury
- Accounts Payable
- Accounts Receivables
- Cheque Management
- Letter of Credit
- Letter of Guarantee
- Supplier Management
- Advanced Excel Functions
- Treasury Operations
- Compliance and Controls
- Financing and Funding
- Bank Trade Finance
- Treasury Systems and Technology
- Cash Management
- Bank Relationship Management
- Cash Flow Analysis
- Financial Reporting
- Bank reconciliation
- Payables and receivables
- Ledger reconciliation
- Ad Hoc Reports
- Auditing
- UAE VAT
- ERP Implementation
- Power BI
- Loans& EBOR Rates
- MS Office
- Tally ERP
- Quick Books
- Sage (X3&300)
- Basic Operation
- Internet & E- Mail
- SAP Hanna
- Proficient in quickbooks
- Expert in sage software
- Taxation knowledge
- P and L analysis
- GAAP standards familiarity
- Financial reporting
- Account reconciliation
- Expert in Excel
- Forecasting techniques
- General ledger maintenance
- Financial statement analysis
- Audit procedures
LANGUAGES KNOWN
English 100%
Malayalam 100%
Hindi 90%
Tamil 70%
REFERENCE
Available upon request
INTERESTS
Songs, Travelling, Cinema
Timeline
Accounting Supervisor - Gewan Holding Group
2024.06 - Current
TREASURY And GL Accountant - SOLV GROUP
2021.01 - 2024.04
SENIOR ACCOUNTANT/ TREASURY ACCOUNTANT - AL RYUM GROUP OF COMPANIES
2015.04 - 2020.12
PAYABLE ACCOUNTANT - PIVOT ENGINEERING & GENERAL CONTRACTING
2011.01 - 2015.04
Kerala Accounting society - DIPLOMA IN FINANCIAL ACCOUNTING,
University of Calicut - BACHELOR OF COMMERCE, Banking, Finance, Accounting