SAMEER MEDARAPAMBIL

Job Costing & Profitability: Track labor, materials, and transport costs for every specific repair or renovation job to ensure each quote and contract is profitable.

Revenue Management: Systematically recognize revenue from Annual Maintenance Contracts (AMCs) over the contract term rather than all at once.

Inventory Control: Monitor the usage of spare parts from the warehouse and technician vans, ensuring costs are accurately billed to clients.

Financial Operations:

• Manage Accounts Payable (AP) and Accounts Receivable (AR), including vendor reconciliations and professional client follow-ups.
• Compiled general ledger entries on short schedule with 100% accuracy.
• Process Payroll through the Wages Protection System (WPS) in compliance with UAE labor laws.
• Perform monthly bank reconciliations and manage daily cash flow.
• Tax & Compliance: Prepare and file quarterly VAT returns (5%) and ensure readiness for Corporate Tax (9%) requirements.

Reporting: Prepare monthly P&L statements, balance sheets, and job cost variance reports for management decision-making.

• Advisory & Strategy: Advise clients on GST compliance, international tax matters, double taxation treaties, and cross-border restructuring.
• Compliance & Filing: Prepare and file accurate tax returns, GST, and excise tax documentation.
• Tax Planning & Structuring: Review financial records to identify tax-saving opportunities and develop tax-efficient structures for businesses.
• Audits & Dispute Resolution: Assist clients during tax audits, assessments, and regulatory reviews by the Government
• Research & Documentation: Conduct research on emerging tax laws, write technical memorandum, and maintain required documentation for compliance.
• Client Relationship Management: Act as a key contact for clients, delivering practical solutions to complex tax questions

• Accounting Operations: Organize and oversee daily accounting activities, including accounts payable/receivable, cash receipts, and fixed asset management.
• Financial Reporting: Prepare, analyze, and present accurate monthly, quarterly, and annual financial statements.
• Compliance & Tax: Manage statutory compliance, direct/indirect tax processes, and ensure adherence to local regulations and IFRS standards.
• Audit Management: Coordinate and lead annual audits, ensuring all documentation is accurate and compliant with legislative requirements.
• Team Leadership: Supervise, mentor, and evaluate the performance of accounting personnel.
• Process Improvement: Review existing accounting systems to identify and implement improvements to enhance efficiency

• Financial Reporting & Analysis: Preparing monthly, quarterly, and annual financial statements, including profit and loss statements and balance sheets.
• Taxation & Compliance: Ensuring strict adherence to Indian tax laws, including GST filing, TDS deduction, and compliance with statutory audit requirements.
• Retail/Inventory Accounting: Managing inventory records, reconciling stock-in-hand with book records, and handling Accounts Payable (suppliers) and Accounts Receivable (retail customers).
• Bank Reconciliation: Daily or weekly reconciliation of bank statements, credit card transactions, and cash sales from retail outlets.
• Team Leadership: Managing the junior accounting staff, bookkeepers, and retail store accountants.
• Budgeting: Assisting management with budgeting, forecasting, and expense variance analysis

• Sales Strategy & Development: Develop and implement sales plans to meet revenue targets and expand brand presence within India.
• Client Relationship Management: Build and nurture relationships with key retail partners, including multi-brand optical stores and high-end fashion boutiques.
• Market Analysis: Analyze competitor activity and market trends to adjust pricing and product strategies to maximize revenue.
• Category & Inventory Management: Oversee the product range, sourcing, and stock levels to ensure product availability while maintaining optimized inventory levels.
• Team Leadership: Lead, motivate, and train a team of sales professionals to meet KPIs and performance goals.
• Brand Representation: Ensure merchandising and promotional activities meet international brand standards in all retail locations.

• Financial Reporting & Consolidation:Lead the month-end, quarter-end, and year-end closing processes.
  Manage the consolidation of financials for multiple subsidiaries/holding companies.
  Prepare consolidated financial statements, including intercompany eliminations and adjustments.
  
• Accounting Operations & Compliance:Oversee Accounts Payable (AP), Accounts Receivable (AR), and general ledger accuracy.
  Perform detailed balance sheet reconciliations and ensure zero outstanding items.
  Ensure compliance with VAT regulations, tax filings, and local/international statutory requirements.
  
• Strategic & Operational Management:Develop and implement accounting policies, procedures, and internal controls.
  Optimise working capital through cash flow management, collections, and vendor payment management.
  Lead ERP system implementation, improvements, or maintenance.
  
• Team Leadership:Supervise, mentor, and evaluate the performance of junior accounting staff.
  
• Stakeholder Management:Act as the primary point of contact for external auditors, bankers, and regulatory authorities.
  Provide financial insights and analysis to senior management to support decision-making.
  

• Bookkeeping & Transactions: Recording daily financial transactions, including posting journal entries and updating the general ledger.
• Accounts Payable/Receivable: Managing vendor invoices, preparing customer invoices, and following up on payments (AR/AP).
• Reconciliations: Performing bank reconciliations and reconciling petty cash or credit card transactions.
• Financial Reporting Support: Assisting with the preparation of monthly financial reports, balance sheets, and income statements.
• Compliance & Audits: Ensuring compliance with organizational policies, VAT regulations (if applicable in UAE), and assisting with internal/external audits.
• Documentation: Maintaining organized and secure financial records, files, and databases.