SACHIN SAJI
Summary
Accomplished finance professional with expertise in accounts payable and receivable, general ledger accounting, and reinsurance accounting. Demonstrates proficiency in XOL and treaty settlements, bank and GL reconciliations, VAT compliance and filing, as well as month-end and year-end closing processes. Skilled in financial reporting, MIS, audit coordination, claims recovery, cash flow management, ERP systems, process improvement, IFRS standards, budgeting and forecasting. Committed to driving operational efficiency through strategic financial management and continuous process enhancement.
Overview
10
10
years of professional experience
1
1
Certification
Work history
Senior Accountant
Orient Takaful PJSC
Dubai, UAE
10.2024 - 01.2026
- Managed end-to-end reinsurance settlements, ensuring seamless execution through effective coordination with internal teams and external reinsurers.
- Performed detailed reconciliations, identified and resolved booking discrepancies, and ensured accurate allocation of payables and receivables within the system.
- Obtained, verified, and processed tax invoices from reinsurers, ensuring compliance with VAT and internal requirements.
- Processed XOL treaty and MDP payments, including recovery of outstanding and aged balances, with correct system allocation.
- Followed up on claims recoveries, successfully recovering aged receivables and minimizing revenue leakage.
- Completed major quarterly reinsurance settlements for WPP, WHI, and ILOE accurately and within strict timelines.
- Handled showroom reconciliations and coordinated with group finance teams for smooth and timely settlements.
- Contributed to VAT submissions across multiple quarters, including preparation, review, and posting of required journal vouchers.
- Supported monthly financial closings through accurate JVs, balance sheet reconciliations, and variance analysis.
- Provided comprehensive audit support, ensuring timely submission of schedules, reconciliations, and supporting documentation.
- Assisted in financial reporting, E-Form submissions, and medical reimbursement settlements, maintaining organized documentation and clear communication.
- Proactively improved processes, reduced operational disruptions, and enhanced overall efficiency through attention to detail and problem-solving.
- Ensured transparency in company finances with regular report generation.
- Provided insightful financial advice to senior management for informed decision making.
- Managed complex fiscal transactions, ensuring compliance with regulations.
- Assisted in tax preparations, avoiding penalties and late fees.
Accountant
Iran Insurance Company
Sharjah
06.2016 - 08.2024
- Managed complete Accounts Payable and Accounts Receivable cycles, ensuring accuracy in daily financial transactions and timely settlements.
- Prepared monthly financial statements including Profit & Loss, Balance Sheet, and Cash Flow reports for management review.
- Executed regular bank reconciliations, cheque clearance tracking, and resolution of reconciliation differences.
- Maintained petty cash records, cash book reconciliation, and daily monitoring of cash transactions.
- Prepared and reconciled VAT input and output records prior to statutory submission and internal verification.
- Maintained fixed asset register and recorded monthly depreciation entries to ensure accurate asset tracking.
- Handled insurance claim receivables and payables, including settlement follow-ups and recovery monitoring.
- Prepared broker commission statements and managed monthly commission calculations and settlements as per company policy.
- Coordinated with vendors, garages, TPAs, courts, and legal teams for smooth payment processing and documentation.
- Managed payroll processing, including salary statements, allowances, deductions, and statutory compliance.
- Processed employee expense reimbursements and ensured timely disbursement with proper approvals.
- Ensured compliance with internal accounting controls, company policies, and audit requirements through accurate documentation and record maintenance.
Education
B.Com (CA) -
Mahatma Gandhi University (MG University)
kottayamSkills
- Accounts Payable & Accounts Receivable
- General Ledger & Corporate Accounting
- Reinsurance Accounting (XOL & Treaty Settlements)
- Bank, GL & Account Reconciliations
- VAT Compliance, Filing & Tax Preparation
- Month-End & Year-End Closing
- Financial Reporting, MIS & Management Accounts
- Audit Coordination & Audit Procedures
- Claims & Debt Recovery Management
- Cash Flow Management & Analysis
- Budgeting, Budget Development & Forecasting
- Financial Analysis & Profit & Loss Analysis
- Fixed Asset Monitoring & Asset Management
- Payroll Processing
- ERP Systems & Advanced Excel Proficiency
- IFRS Compliance
- Risk Analysis
- Investment Portfolio Oversight
- Process Improvement & Results-Oriented Approach
Certification
- DIFA – Diploma in Indian and Foreign Accounting
- International Association of Bookkeepers (IAB), UK
- Financial Crime Compliance
- ICA – International Compliance Association
Languages
English
Hindi
Tamil
Malayalam
Additional information
- Nationality: Indian
- Date of Birth: 11/11/1994
- Passport Number: AB622020
- Date of Expiry: 19/05/2035
- Visa Status: UAE Job Visa
- Holds a Valid UAE Driving License
Timeline
Senior Accountant
Orient Takaful PJSC
10.2024 - 01.2026
Accountant
Iran Insurance Company
06.2016 - 08.2024
B.Com (CA) -
Mahatma Gandhi University (MG University)