Renjith Remanan
Dubai,DU
Summary
Experienced Senior Accountant successful at cultivating effective working relationships at all levels while driving improvements to budget administration, expense tracking and forecasting of future financial needs. Proven track record of performing work ethically while maintaining integrity of all financial data.
Overview
7
7
years of professional experience
Work History
Sr Accountant
JIC Management Consultant
09.2009 - 08.2013
- Led implementation of new ERP system, increasing efficiency within the finance department while enhancing data visibility.
- Oversaw annual audit process, ensuring accurate representation of financial position in accordance with GAAP standards.
- Implemented risk management practices to mitigate potential losses and safeguard company assets.
- Managed debt financing activities, negotiating favorable terms to minimize borrowing costs.
- Enhanced financial reporting accuracy through the development of comprehensive internal controls.
- Improved financial operations by streamlining processes and implementing new accounting systems.
- Drove revenue growth by identifying key performance indicators and optimizing pricing strategies.
- Provided senior management with strategic financial insights for informed decisionmaking.
- Reduced overhead costs by identifying inefficiencies and implementing cost-saving measures.
- Managed budgeting process, ensuring accurate forecasting and timely adjustments to meet business needs.
- Streamlined vendor payment processes, improving relationships while reducing processing time and errors.
- Optimized cash flow management through efficient working capital strategies and investment decisions.
- Strengthened communication between finance department and other business units, fostering an environment of collaboration across the organization.
- Collaborated with cross-functional teams to align financial goals with overall company objectives.
- Developed finance team talent through targeted training programs and regular performance evaluations.
- Ensured compliance with all regulatory requirements by staying abreast of industry changes and updating policies accordingly.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Improved resource utilization with data management systems, reducing costs through strategic coordination and contract analysis.
- Set clear departmental objectives and developed effective strategies to achieve targeted goals.
- Drove revenue stream development through strategic collaboration and partnerships.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Generated financial and operational reports to assist management with business strategy.
- Assisted with recruiting, interviewing, and hiring new department employees.
- Established and enforced controls on revenue and expenses to protect company assets.
- Verified compliance of financial policies and accounting procedures against federal regulations.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Enhanced internal control systems and procedures to mitigate risk and support opportunities.
- Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Complied with established internal controls and policies.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Utilized financial software to prepare consolidated financial statements.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
Accountant
Riya Group Of Companies
03.2006 - 02.2009
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Used advanced software to prepare documents, reports, and presentations.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
Education
Bachelor of Commerce - 2005
Kerala University
Trivandrum03.2005
Skills
- General ledger accounting
- Financial Reporting
- Audit Support
- Financial statement review
- Bank Reconciliation
- Tax Preparation
- Intercompany Transactions
- Audit preparation
- ERP Systems Expertise
- Fixed Asset Accounting
- Internal Controls
- Cash Flow Management
- Expense Tracking
Languages
English
Bilingual or Proficient (C2)
Hindi
Intermediate (B1)
Malayalam
Bilingual or Proficient (C2)
Timeline
Sr Accountant
JIC Management Consultant
09.2009 - 08.2013
Accountant
Riya Group Of Companies
03.2006 - 02.2009
Bachelor of Commerce - 2005
Kerala University
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