PROFESSIONAL SUMMARY
Overview
Work History
Education
Skills
Certification
Languages
Timeline

SHIBIN MOIDEEN

Sprint Oil and Gas Services
Dubai
1
Language
1
Certification
18
years of professional experience

Results-driven Finance professional with over 14 years of experience in the UAE, GCC, and India, including over 6 years in oil and gas. Currently serving as Chief Accountant, managing finance operations across multiple entities and supporting senior management in strategic funding decisions. Expertise includes group consolidation, IFRS reporting, treasury management, corporate tax compliance, and internal controls. Pursuing roles as Finance Manager, Senior Finance Manager, or Financial Controller.

Work History

Chief Accountant | Finance Management & Group Reporting

6 Years 6 Months
Sprint Oil and Gas Services | 03.2020 - Current
CORE ROLES & RESPONSIBILITIES
  • Finance Leadership: Support the Finance Director in managing finance operations across UAE and international entities, covering financial reporting, consolidation, treasury, taxation, banking, compliance and financial controls.
  • Group Reporting & Consolidation: Lead group consolidation and financial reporting, including intercompany reconciliations and eliminations, entity-level financial review, management reporting, budgeting, forecasting and variance analysis.
  • Financial Close & IFRS: Manage month-end, quarter-end and year-end closing and prepare/review IFRS-compliant financial statements and management reports within agreed timelines.
  • Treasury & Liquidity: Manage cash-flow forecasting, liquidity planning, working capital and treasury activities, including banking relationships and credit facilities.
  • Banking & Credit Facilities: Manage banking relationships and coordinate facility renewals, documentation, pricing, funding requirements, trade finance, overdrafts, bank guarantees, letters of credit and FX facilities.
  • Planning & Management Information: Prepare and review budgets, forecasts, cash-flow projections and management information to support operational and strategic decision-making.
  • Tax & Regulatory Compliance: Oversee UAE Corporate Tax, VAT, Transfer Pricing, ESR and ICV requirements, coordinating with external auditors, tax advisers and relevant stakeholders.
  • Audit Management: Coordinate statutory, internal and external audits, including audit schedules, supporting documentation, financial statements and responses to audit queries.
  • Controls & Process Governance: Develop and implement finance policies, SOPs and internal controls covering accounting, treasury, payments, intercompany transactions, reporting and compliance.
  • Team Leadership: Lead and mentor finance team members, set team objectives, provide technical guidance and drive consistent finance processes across operating locations.
  • SAP / ERP: Coordinate SAP Business One/ERP activities, including process mapping, UAT, reporting requirements and financial controls, while resolving issues with SAP/IT teams.
  • Working Capital: Monitor receivables, payables and working capital, including weekly debt reporting, collections and cash-flow requirements to support liquidity and cash conversion.
  • Payroll & WPS: Oversee payroll/WPS-related finance processes and statutory requirements, ensuring accurate and timely employee and government-related payments.
  • New Entity Setup: Support establishment and strengthening of finance operations for new entities and branches, including accounting processes, banking arrangements, regulatory compliance and financial controls.
  • Business Partnering: Coordinate cross-functional finance matters with Operations, Procurement, HR, Commercial, IT and senior management, ensuring financial, tax and regulatory requirements are embedded in business processes.
KEY ACHIEVEMENTS
  • Banking & Financing: Managed a multi-bank financing portfolio in excess of AED 40 million, covering working-capital, trade finance, overdraft and bank guarantee facilities, while supporting additional financing through a new banking relationship.
  • Financing Cost Optimization: Negotiated and managed banking terms and credit facilities to reduce financing costs and improve utilization of available banking lines, supporting Group liquidity requirements.
  • Treasury & Liquidity: Strengthened cash-flow forecasting, liquidity planning and payment prioritization across Group entities, supporting working-capital management during periods of cash-flow pressure.
  • Tax & Regulatory Compliance: Led UAE Corporate Tax, VAT and Transfer Pricing matters and coordinated ICV, ESR, WPS and other regulatory requirements across multiple entities.
  • Audit & Financial Governance: Coordinated statutory, internal and external audits across multiple entities and jurisdictions, ensuring audit readiness, timely resolution of audit queries and strengthened financial controls.
  • Group Consolidation & Reporting: Managed multi-entity consolidation and reporting, consistently delivering monthly MIS within seven days of period end.
  • Finance Transformation: Led finance requirements and process improvements across SAP Business One and Power BI, covering consolidation, intercompany transactions, fixed assets, banking integration, reporting and finance-system issue resolution.
  • Functional Currency & Equity Presentation: Played a key role in the functional-currency and equity presentation project, supporting the presentation and unlocking of approximately USD 45 million of owners' equity.

Senior Officer – Accounts & Finance

6 Years 2 Months
Sterling and Wilson Middle East | 05.2013 - 07.2019
  • Project Finance: Managed accounting and finance activities for high-value projects across KSA and GCC, supporting project financial control, reporting and operational decision-making.
  • Treasury & Banking: Managed treasury operations and banking relationships, optimizing credit lines, banking facilities, working-capital requirements and vendor payment planning.
  • Working Capital: Supervised cash-flow planning, working-capital management and AP/AR activities, supporting liquidity and timely payment management.
  • Financial Controls & Reporting: Implemented and maintained accounting systems and internal controls, while supporting statutory/internal audits and financial reporting.
  • VAT Implementation: Led VAT implementation across GCC operations, ensuring regulatory compliance and integration of VAT requirements into finance processes.
  • Intercompany & Cross-Border Finance: Managed intercompany reconciliations and cross-border fund movements between UAE, KSA and other GCC entities.
  • Team Development: Mentored junior finance staff on SAP, tax regulations, audit readiness and financial controls, supporting consistent finance processes and team capability.
  • Cost & Commercial Analysis: Implemented cost-analysis procedures to improve pricing decisions and streamline sales-order approval processes.
  • Inventory Control: Led inventory-control initiatives, including stock reconciliations, physical counts and investigation/resolution of inventory variances to ensure accurate inventory reporting.

Accountant & Cost Controller

5 Months
Saudi Rockwool Factories | 12.2012 - 05.2013
  • Accounting & Cost Control: Managed accounting, cost control, inventory reconciliations, costing and financial analysis, supporting accurate financial reporting and operational cost management.
  • Financial Reporting & Budgetary Control: Supported statutory and management reporting, budgetary control and variance analysis, providing financial insights to support management decisions.
  • Inventory Control: Coordinated physical inventory counts, stock reconciliations and variance investigations, including identification and resolution of obsolete inventory issues to improve inventory accuracy.

Senior Auditor

4 Years 6 Months
A Raghunathan & Co. | 05.2008 - 11.2012
  • Audit & Assurance: Planned and executed statutory and internal audits across multiple sectors, ensuring compliance with Indian Accounting Standards and IFRS.
  • Audit Management: Managed multiple concurrent audit engagements, ensuring timely completion while maintaining agreed budgets and quality standards.
  • Internal Controls & Risk: Identified and reported internal-control weaknesses and audit findings to audit partners and management, recommending practical corrective actions.
  • Financial Reporting & Team Supervision: Prepared statutory financial statements and supervised junior audit staff across multiple engagements, ensuring quality and timely delivery.

Education

CA Intermediate

Institute of Chartered Accountants of India (ICAI)

Skills

Finance management
Cash flow management
Management MIS & Variance Analysis
IFRS & Audit Management
Financial consolidation
Credit management
Internal Controls & SOPs
Treasury
Cash Flow & Working Capital
Budgeting and forecasting
Corporate tax management
ERP coordination
Team leadership

Certification

UAE Employment Visa

Languages

English, Malayalam, Tamil, Hindi, Arabic

Timeline

Chief Accountant | Finance Management & Group Reporting

Sprint Oil and Gas Services
03.2020 - CurrentRead More

Senior Officer – Accounts & Finance

Sterling and Wilson Middle East
05.2013 - 07.2019Read More

Accountant & Cost Controller

Saudi Rockwool Factories
12.2012 - 05.2013Read More

Senior Auditor

A Raghunathan & Co.
05.2008 - 11.2012Read More

Institute of Chartered Accountants of India (ICAI)

CA Intermediate
Read More

Similar Profiles

  • Neeraj GargNeeraj Garg

    <ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.<ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.

  • Mohmed Masroor Alam Junaid AlamMohmed Masroor Alam Junaid Alam

    Associate - Budgeting & Group Finance Management Reporting at Qatar Energy - QP (Seconded by Price Water House Cooper - PWC Qatar (BIG 4 Audit Firm)Associate - Budgeting & Group Finance Management Reporting at Qatar Energy - QP (Seconded by Price Water House Cooper - PWC Qatar (BIG 4 Audit Firm)

  • Ahmad MhyarAhmad Mhyar

    Group Finance Manager at Bin Rabie Holding GroupGroup Finance Manager at Bin Rabie Holding Group

  • Sarath PoonjathSarath Poonjath

    Chief Accountant at TH8 Palm Dubai Beach Resort- Vignette Collection IHGChief Accountant at TH8 Palm Dubai Beach Resort- Vignette Collection IHG

CREATE PROFILE
SHIBIN MOIDEEN