Summary
Overview
Work History
Education
Skills
LANGUAGES
E-learning & Workshops
Timeline
Generic

SHIJO VARGHESE

Abu Dhabi

Summary

Results-driven finance professional with 15 years’ experience in engineering and construction, specializing in project accounting, cost control, and budget management. Skilled in implementing strong internal controls and financial policies to enhance accuracy and compliance. Proven track record of leading finance teams to deliver timely financial reporting and support strategic decision-making. Prepared to contribute expertise and leadership in executive-level finance roles within dynamic organizations.

Overview

20
20
years of professional experience

Work History

Co-Ordinator - Finance & Controlling

Tecnimont SpA Abu Dhabi
11.2023 - Current
  • Deputy to Head of Finance.
  • Provide strategic leadership to a finance team of 11, ensuring efficient daily operations and timely month-end closings.
  • Oversee Banking, Accounts Payable & Receivable, and General Ledger activities while supervising and guiding the finance team team to meet deadlines.
  • Prepare and submit periodic ICV reports; coordinate with auditors to ensure compliance and smooth certification.
  • Manage month end closure and quarterly reporting.
  • Collaborate cross-functionally to prepare annual budgets and rolling cash flow reports.
  • Analyze budget-to-actual variances for multiple cost centers to support financial decision-making.
  • Deliver monthly, weekly, and ad-hoc financial reports to head office, supporting management decision-making.
  • Liaison between head office and project teams to ensure alignment on finance-related activities.
  • Drive compliance by coordinating with Regional Tax Manager and consultants on tax filings and assessments.
  • Preparation of branch financial statements and facilitate external audits for timely closure.
  • Collaborate cross-functionally with project control, procurement, subcontracts and banks on daily operations.
  • Update and maintain SCAD survey reports in line with regulatory requirements.
  • Provide mentorship and training to accounting team, driving skill development and continuous process improvement.

Financial Controller

Bilfinger Tebodin Middle East Ltd
01.2019 - 10.2023
  • Oversee financial operations and reporting across UAE, Bahrain, Qatar, and Saudi Arabia, ensuring compliance with regional regulations.
  • Prepare and present top management dashboards with key financial insights for decision-making.
  • Produce flash reports and participate in regular review calls with the Division CFO.
  • Act as a finance business partner, providing financial guidance to support strategic and operational decisions.
  • Support external and internal audits, providing clarifications and ensuring timely closure of audit requirements.
  • Consolidate and report monthly financial results across multiple entities and geographies.
  • Validate and finalize tender rates/prices, ensuring commercial competitiveness and accuracy. Engage in commercial decision-making related to tenders and pricing strategies.
  • Provide financial oversight and strategic support across multiple countries, aligning with regional business goals.
  • Review all Financial/Accounting reports and prepare variance analysis with Budget/Forecast.
  • Provides inputs and supports the preparation of the annual budget for various business units, tracks expenditure and ensures adherence to the budget.
  • Evaluating Projects and provide feedback to Project Managers in all relevant financial aspects including revenue recognition cost overrun and contribution margin for improved financial performance.
  • Cash Flow Management including rolling forecast and actual cash balance reporting.
  • Managing working capital and cash flow by monitoring of collections and supplier payments. To ensure that customer invoices raised to reduce the Work In Progress balance and payment received as per the terms agreed to reduce the DSO.
  • Review of inter-company service agreements and invoices.
  • Quarterly Balance sheet review and variance analysis with the previous year.
  • Development and implementation of the new processes in compliance with internal policies and procedures.
  • Ensure all finance-related operations/processes for business units comply with financial governance as per corporate guidelines and liaise with subject matter experts within Corporate, Finance & Control functions for support.
  • Drive process automation and enhancements in existing policies and procedures.

Supervisor- Finance Shared Services

Bilfinger Tebodin Middle East Ltd
01.2017 - 12.2018
  • Management of shared service team of 8 members in the Middle East who is taking care of Accounts Receivables, Payables, Payroll, and all other daily operational and period closing related activities.
  • Review, reconciliation, and finalization of trial balance.
  • Handling the closing process of financial periods as per the reporting calendar.
  • Ensure transactions are recorded, documented, reviewed, and supported in accordance with company policies and procedures.
  • Review of VAT entries and reconciliations that support VAT returns.
  • Prepare monthly management reports, and ad-hoc business reports with variance support and comments.
  • Assist with the preparation of annual financial statements and audit process.
  • Reassess employee expense sheets and payroll.
  • Support and co-ordinate with other departments to achieve common goals.
  • Provide support on special projects or other ad-hoc assignments such as enhancing, developing, and implementing policies and procedures.
  • Trained and led talented teams to surpass objectives.
  • Created and implemented strategies for improving operational efficiency and accuracy.

Senior Financial Administrator

Bilfinger Tebodin Middle East Ltd
11.2011 - 12.2016
  • Preparation and finalization of Financial Statements (P&L, SOFP).
  • Preparation of prepayment schedules, general provisions, liquidity, net assets & debtors, and utilization reports monthly.
  • Analysis of the project sheet monthly, in order to make sure the spending is in line with the budget.
  • Reconciling Bank, Debtors, and Inter-Company Statements for all the Middle East branches on a monthly basis.
  • Maintenance of Fixed Asset Register which includes capitalization, depreciation, and disposal.
  • Update and maintenance of Debtors' outstanding list (A/R) on a daily basis and inform the respective team for pending issues.
  • Preparation of sales invoice.
  • Co-ordinate bank dealings such as guarantees, transfer instructions, POAs & Signatory updating, cheque deposits, and withdrawals.
  • Perform timely and accurate delivery of payroll, record keeping, payroll reconciliation, and reporting. Coordinate payroll activities to ensure all pay data is compiled, processed, and reconciled on time to meet payroll deadlines.
  • Assist and clarify the queries of auditors for all Middle East branches which include tax calculations for Qatar.
  • Updating cash inflows and outflows on a daily basis to arrive at the explicit liquidity position.
  • Conduct an aging analysis of debtors and creditors to avoid any overdue.
  • Validation and authorization of expense claims by employees and settlement of the same.

Accountant

Sky Jewellery LLC
08.2009 - 10.2011
  • Ensure smooth administration of cash flow management activities, which include the following: - managing funds and ensuring funds availability, issuing of post-dated cheques against all purchases, as well as, coordinating processes related to gold bullion purchases.
  • Consolidation and validation of daily sales report from branches and submit the same to the finance manager.
  • Perform monthly closing of accounts and preparation of financial statements.
  • Responsible for Stock verification and reconciliation of all branches on a monthly basis.
  • Manage all petty cash transactions between the head office and its 11 branches.
  • Reconcile bank accounts and verify the various charges in accordance with relevant contract terms.
  • Perform monthly branch reconciliations with head office and allocate expenses to branches.
  • Reconcile suppliers' accounts on a monthly basis.
  • Keep track of all utility bills (Etisalat & DEWA) and ensure the timely payment.
  • Assist the finance manager in the monitoring and control of all financial costs, head office costs and branch costs, and planning of the effective utilization of individual banking facilities.
  • Update records of all Gold Loans, margins, facilities, and forwards.

Retail Investment Administrator

Reliance Money Ltd
07.2008 - 07.2009

Accountant

MRF TYRES LTD
05.2005 - 05.2006

Education

Master of Business Administration (Finance) -

Mahatma Gandhi University
India

Bachelor Of Commerce -

Mahatma Gandhi University
India

Skills

  • Financial Reporting & Analysis
  • Dash board and flash reports for top management
  • Budgeting & Forecasting
  • Profitability & Cost Analysis
  • Financial Audit Support
  • Working Capital Management
  • Management of Accounts Receivables & Payables
  • Project Accounting & General ledger management
  • Treasury Management
  • Tax Compliance
  • Accounting Team Management
  • Well-versed in IFRS, US GAAP, and Local GAAP
  • Inventory Control
  • Month-End and Year-End Close Processes
  • Invoicing & Cash Flow Monitoring
  • Process implementation
  • Standard operating procedure development
  • SAP ,Exact, FPR, Basware, Interact, Tally, MS Office proficiency

LANGUAGES

English : Full Professional Proficiency
Hindi : Full Professional Proficiency
Malayalam : Full Professional Proficiency

E-learning & Workshops

  • Internal Control System
  • Anti Bribery & Corruption
  • Working Capital Management
  • Compliance System
  • Update on IFRS Standards
  • UAE CIT and Centralized Invoicing

Timeline

Co-Ordinator - Finance & Controlling

Tecnimont SpA Abu Dhabi
11.2023 - Current

Financial Controller

Bilfinger Tebodin Middle East Ltd
01.2019 - 10.2023

Supervisor- Finance Shared Services

Bilfinger Tebodin Middle East Ltd
01.2017 - 12.2018

Senior Financial Administrator

Bilfinger Tebodin Middle East Ltd
11.2011 - 12.2016

Accountant

Sky Jewellery LLC
08.2009 - 10.2011

Retail Investment Administrator

Reliance Money Ltd
07.2008 - 07.2009

Accountant

MRF TYRES LTD
05.2005 - 05.2006

Master of Business Administration (Finance) -

Mahatma Gandhi University

Bachelor Of Commerce -

Mahatma Gandhi University

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SHIJO VARGHESE