SHAJI JM FCMA
Dubai,UAE
Summary
Accomplished finance professional with extensive expertise in Finance & Accounts Operations, Statutory/Internal Audits, and Tax Compliances/Internal Control. Demonstrates proficiency in SAP software and ERP systems, alongside a strong aptitude for Profit-And-Loss analysis and Financial Reporting. Adept at Client Relationship Management, Risk Management, and Management Reporting, with a proven track record in Process Improvement and Team Management. Skilled collaborator and communicator with intuitive planning abilities, driving cost-reduction strategies and corporate governance initiatives. Committed to enhancing financial forecasting accuracy and budget oversight while maintaining banking relationships and ensuring compliance with IFRS standards.
Overview
25
25
years of professional experience
Work history
Finance Manager
Freshly Frozen Foods Factory / Lesso Group
2022.07 - 2026.06
- Lead the finance department's business analysis and decision support function by performing in-depth detailed analysis of the various performance drivers.
- Prepare Finance KPI-related reports, conduct GL transactions' periodic closing, and provide monthly reports and Opex analysis.
- Engineered business operations, systems, processes, and resources to meet corporate tax compliance, filing, and reporting requirements.
- Facilitated the timely preparation, submission, and reconciliation of monthly/quarterly VAT returns. Handled CT compliances, including CT impact assessments, due diligence, return filing compliance, and provided advisory services.
- Liaise with bankers for daily activities and improve internal controls by identifying significant business risks.
Finance Controller-Operations
Al Ain Food & Beverages P.J.S.C. (Agthia Group of Companies)
2013.05 - 2022.06
- Managed the Costing Department for the manufacturing, distribution, and marketing of Food and Beverages products across UAE, GCC, Turkey, and the wider Middle East.
- Standardized VAT compliance by maintaining accurate records, submitting timely monthly returns, reconciling tax invoices with the general ledger, and properly accounting for CAPEX, AP, AR, and G/L, including reconciliations.
- Conducted month-end closing reviews, profitability analysis, and CO-PA assessment cycles in SAP, while engineering the Vendor Master File, conducting month-end closing reviews, procedures, and necessary corrections.
- Interpreted bills of material to ensure accurate product costing, devised standard costs, streamlined cost reduction reviews, and prepared statements of estimated future costs and revenues.
- Calculating annual overhead rates, reviewing methodology for allocating overhead costs to other departments. Conducting reviews and evaluations for cost-reduction & preparing statements, reports of estimated future costs & revenues.
- Observed and directed the execution of accounting operations for month-end, quarterly, and yearly closings.
Asst. Chief Accountant
Gulf General Investment Co. (GGICO)
Dubai, U.A.E.
2009.04 - 2013.04
- Spearheaded bank facilities (OD, TL, LC, TR, BG) in collaboration with the Group Finance Manager, surpassing expectations and submitting the necessary documents.
- Overhauled all aspects of the finance function, including General Ledger, Fixed Assets, Accounts Payable & Receivable, Petty Cash, Reconciliations, and Consolidated Reports, ensuring compliance with statutory requirements.
- Prepare/Review the consolidation of all the company's related entities and funds (Quarterly and Annually) including proper elimination and inclusion in the consolidated financial statements. Assist with monitoring intercompany transactions monthly.
- Propelled the development and implementation of credit control measures to optimize cash flow and minimize bad debts.
Internal Auditor
Kerala Roadways Pvt. Ltd.
Chennai, India
2001.11 - 2009.03
- Interfaced with Banks/Govt. Agencies/Income Tax Dept./Financial Institutions/Financial Consultants/Advocates.
- Provided leadership in financial planning, discipline, and control, actively coordinating with bankers for daily activities.
- Mastered the development, monitoring, and analysis of the budget, formulated Capex budgets, and midyear/quarterly forecasts.
- Strengthened internal controls by identifying significant business risks and delivering recommendations to senior management, on various operational areas.
Education
FCMA (ICWAI) - Finance and Accountancy
Institute of Cost and Works Accountants of India
B.Com. - undefined
University of Calicut
CIMA Adv. Dip MA - undefined
Chartered Institute of Management Accountants
UKSkills
- Finance & Accounts Operations
- Statutory / Internal Audits
- Tax Compliances / Internal Control
- Client Relationship Management
- Risk Management
- Management Reporting
- Financial Advisory
- Process Improvement
- Team Management
- Collaborator
- Communicator
- Planner
- Innovator
- Intuitive
- Knowledge of ifrs
- Profit-And-Loss aptitude
- SAP software expertise
- Financial reporting analysis
- Fixed asset accounting
- Banking relationships maintenance
- Familiarity with erp systems
- Balance sheet review
- Excel proficiency
- Payroll administration
- Cost Accounting
- Management accounts reports
- Cash flow management
- VAT return submissions
- Cost-reduction strategies
- Corporate governance
- Financial Forecasting
- Budget oversight
- IFRS familiarity
- Accountancy principles
Languages Known
English
Hindi
Malayalam
Tamil
Highlights
Led Credit Facilities of GGICO worth USD 1 billion and participated in Credit Restructuring Team., Supervised Accounts & Costing Department and managed month-end closing cycle; organized processes to support 40% reduction in month-end close from 5 to 3 days., Participated in SAP FICO Implementation and trained staff on all accounting modules., Developed channel wise & Export P&L Reporting that enabled management to go in-depth and properly understand profitability challenges and opportunities., Developed annual operating budget of AED 700 M and capital expenditure of AED 400 M., Participated & delivered cost saving project value 15M by closely working with Operations / Manufacturing / Procurement and other departments and used budgetary control and cost planning and participated follow up and execution of this high saving project for the year.
Personal Details
- Date of Birth: 4th May 1978
- Present Address: Apt.M15, Al Falasi Building, Hor Al Anz East, Dubai, UAE
- Permanent Address: Apt.7D Silver Linden, Arts and Science College Calicut-673018, Kerala, India
- Driving License: Possess Valid UAE L.M.V. Driving License
- Passport No.: S4673480, Issued by the Govt. of India
- Visa Status: Employment Mainland
Timeline
Finance Manager
Freshly Frozen Foods Factory / Lesso Group
2022.07 - 2026.06
Finance Controller-Operations
Al Ain Food & Beverages P.J.S.C. (Agthia Group of Companies)
2013.05 - 2022.06
Asst. Chief Accountant
Gulf General Investment Co. (GGICO)
2009.04 - 2013.04
Internal Auditor
Kerala Roadways Pvt. Ltd.
2001.11 - 2009.03
B.Com. - undefined
University of Calicut
CIMA Adv. Dip MA - undefined
Chartered Institute of Management Accountants
FCMA (ICWAI) - Finance and Accountancy
Institute of Cost and Works Accountants of India