Summary
Overview
Work History
Education
Skills
Certification
Languages
Hobbies and Interests
Timeline
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Praveen D Souza

Praveen D Souza

Mangalore

Summary

Experienced Accountant with a demonstrated history of working in the retail industry, currently overseeing financial operations at ALMA CONCEPTS TRADING LLC. Skilled in financial statement preparation, internal auditing, and payroll management for over 1300 employees. Proven expertise in accounts payable and receivable management, tax preparation and filing, and inter-company reconciliations. Adept at using Excel, Tally, and various accounting software to enhance financial reporting accuracy. Strong communicator with a track record of conducting training sessions for accounting staff and coordinating with external auditors. Career goal: To leverage extensive accounting experience to drive strategic financial planning and operational efficiency within a dynamic organization.

Detail-oriented Accountant with 5 years effectively maintaining accurate accounting information for large-scale financial organizations. History working as part of financial team to manage diverse financial functions, tax management and reporting. Works closely with executive management on complex mergers and acquisitions and divestitures.


Overview

7
7
years of professional experience
1
1
Certification

Work History

ACCOUNTANT & ADMIN

ALMA CONCEPTS TRADING LLC
01.2025 - Current
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Gathered financial information, prepared documents, and closed books.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial record keeping.
  • Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
  • Work from the Dubai showroom, managing daily operations and remotely overseeing activities at the Abu Dhabi and RAK showrooms.
  • Greet customers at the Dubai showroom and ensure they are promptly attended to by the sales designers.
  • Process expense entries in Tally, manage petty cash ledgers, and request replenishment from the Bahrain office once 80% of the cash is spent.
  • Coordinate with local clearing agents for shipment clearance and arrange deliveries with system-generated delivery notes.
  • Upon receiving shipments from Bahrain, get the packing pallet list verified/validated and share the confirmation/deviation report with the Bahrain team.
  • Record purchase entries for shipments from Bahrain or local purchases, and initiate payments to local vendors as per due dates.
  • Ensure timely renewal of CRs, customs, and other regulatory licenses for all branches, as well as essential services like internet, EWA, and rent.
  • Generate and analyze monthly attendance reports in PDF and Excel formats from the T&A machine, and submit them to HR for payroll processing by the 26th of each month, including validated overtime details. Coordinate with HR for employee-related activities as needed.
  • Work with PR companies to process work permits, labor cards, renewals, and exit procedures for employees.
  • Prepare sales agreements/orders in Tally, obtain signatures, issue copies, and provide receipts upon customer payments.
  • Promptly follow up and collect the customer payments and support the cash flow for smooth operations at all the time.
  • Prepare VAT working files quarterly .
  • Conduct monthly reconciliations of bank, cash, receivables, payables, and intercompany balances in coordination with the Bahrain team.
  • Coordinate with local external auditor by providing documents and clarifications requested during the yearly auditing process.

Accounts Supervisor

NSN Ventures LLP
11.2020 - 12.2024
  • Company Overview: NSN Ventures LLP is the corporate office of Royalmart Supermarket network across Bangalore
  • NSN takes care of all the business auxiliary services of the entire group
  • Maintaining Daily Sales and purchase report
  • Preparation of MIS data
  • Taxation - Preparing and Filing
  • Calculation and filing TDS return
  • Preparing Financial statements
  • Internal Auditing
  • Inter store ledger reconciliation
  • Preparing cash flow statement
  • Coordinating with accounts payable &accounts team for bill payments
  • Coordinating with accounts receivable team for collection of receipts
  • Coordinating with vendors for ledger reconciliation
  • Organized quarterly reviews with senior management to present financial results, insights, and strategic recommendations.
  • Coordinated with external auditors to facilitate annual audits, providing necessary documentation and explanations for financial practices.
  • Coordinated inter-company reconciliations, fostering strong relationships between entities to ensure cohesive financial reporting.
  • Conducted regular training sessions for accounting staff on new software and compliance requirements to maintain high skill levels.
  • Managed payroll processing, ensuring timely and accurate payment to all employees while adhering to tax laws and regulations.
  • Managed all payroll processing and changes for 1300 plus employees.
  • Prepared reports and financial statements to assist management in strategic planning and decision making.
  • Delegated tasks and coordinated workflow to expertly manage accounting team.
  • Reviewed and resolved issues to reconcile cash balances daily.

Accountant

Royalmart Supermarket
09.2019 - 10.2020
  • Preparation of Fund management
  • Maintaining Daily Sales and purchase report
  • Calculated, prepared and filed payroll taxes for clients.
  • Managed accounts payable and receivable, ensuring timely settlement of invoices and maximizing cash flow.
  • Posted journal and ledger entries, prepared financial statements and reports and closed books.
  • Completed detailed reviews of accounts and bookkeeping records to verify compliance with standards.
  • Reconciled monthly bank statements and resolved discrepancies.

Junior Relationship Executive

Muthoot Finance Ltd
07.2018 - 08.2019
  • Gold appraisal
  • Sales &marketing
  • Cash management and accounting
  • Maximized customer engagement and satisfaction by delivering excellent customer service.
  • Spoke to customers in multiple languages to resolve problems and answer questions.

Education

Bachelor of Commerce - B.Com

St.Philomena College
Puttur, Karnataka
06.2017

Skills

  • Excel
  • PowerPoint
  • Team Work
  • Tally
  • The Smart Book Bizz Accounts
  • Kluster Techno Solutions
  • Gofrugal Technologies
  • Balance sheet reconciliation
  • Invoice verification
  • Accounts Receivable management
  • Statutory accounts preparation
  • Journal postings
  • Payroll processing
  • Profit and Loss Analysis
  • Bank statement reconciliation
  • Invoice management
  • Depreciation calculations
  • GL entry verification
  • Balance sheet management
  • Audit coordination
  • Collections
  • Regulatory compliance
  • Account reconciliation
  • Invoicing
  • AP and AR management
  • Management reporting
  • Financial statement preparation
  • Month-end reporting
  • Payroll administration
  • Payment collection
  • Month-end accounting
  • Payroll management
  • Good communicator
  • Data analysis
  • Accounting and bookkeeping
  • General ledger accounting
  • Bookkeeping
  • Administrative support
  • Financial reporting
  • Reporting
  • A/P and A/R

Certification

Diploma in office automation

Languages

English: C1 Advanced
Hindi: C2 Proficient
Tamil: B1 Intermediate
Malayalam: B2 Upper Intermediate
Kannada: C2 Proficient

Hobbies and Interests

Listening to music, sports and games

Timeline

ACCOUNTANT & ADMIN

ALMA CONCEPTS TRADING LLC
01.2025 - Current

Accounts Supervisor

NSN Ventures LLP
11.2020 - 12.2024

Accountant

Royalmart Supermarket
09.2019 - 10.2020

Junior Relationship Executive

Muthoot Finance Ltd
07.2018 - 08.2019

Bachelor of Commerce - B.Com

St.Philomena College

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Praveen D Souza