VASU SANTOSH KUMAR NAIR. T
Dubai,UAE
Summary
Finance professional with over 8 years of experience in Finance & Accounts, specializing in Cash Flow Management and Account Reconciliation. Proven ability in Client Relationship Management and Team Leadership, with expertise in Real Estate Investment and Inventory Control Analysis. Skilled in Reporting, Audit processes, and maintaining Banking relationships, alongside proficiency in ERP systems such as JD Edward and Tally. Recognized for financial analysis, revenue recognition, and implementing cost-reduction strategies while managing P&L responsibilities.
Overview
31
31
years of professional experience
19
19
years of post-secondary education
Work history
Finance manager
Intermedia Commercial Information Systems Ltd.
Dubai
08.2023 - 06.2025
- Streamlined financial procedures to improve efficiency and accuracy.
- Reviewed and updated internal financial policies, ensuring compliance with regulations.
- Streamlined invoice processing reducing errors and delays.
- Trained staff on finance-related matters improving overall understanding and performance.
- Prepared regular cash flow reports assisting in better fund allocation.
- Led forecasting exercises to anticipate future business needs.
- Collaborated closely with auditors to ensure smooth audit processes.
- Analyzed complex financial data, providing meaningful insights for company leadership.
- Ensured accurate tax filings, avoiding penalties and interest charges.
- Enhanced company profitability with strategic budget planning.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Monitored and reviewed financial controls, processes and procedures to enable best practice development.
- Consolidated comprehensive management accounts, integrating income statements, cashflow and balance sheets.
- Delivered regular management reporting and supervised quarterly tax calendar.
- Implemented cost-control measures, optimising expenditure within budgetary constraints.
- Contributed to hiring process by interviewing applicants and making recommendations for best-suited candidates.
- Managed daily finance services for smooth business operations.
- Reviewed bookkeeping and management accounts to achieve clear and correct reports.
- Created and presented accurate, detailed financial forecasts.
- Finalised VAT returns with rigorous transaction checks.
- Collaborated with business management to set and control annual budgets.
- Developed strategies to increase profits and cost savings.
- Coached and mentored junior staff to maximize finance department capabilities.
- Negotiated favourable terms with vendors, achieving cost savings.
- Guided merger and acquisition processes, ensuring seamless transitions.
- Conducted thorough risk assessments to mitigate potential losses.
- Administered payroll processes for accurate, timely salary disbursements.
Accounts & Finance Manager
NKS General Trading LLC
Dubai, Dubai
09.2019 - 07.2023
- Managed all banking functions and internal audit processes for offshore metal trading company.
- Monitored receivables and ensured timely closure of invoices per established terms.
- Submitted monthly management information systems reports alongside interim updates as required.
- Oversaw accounts and finance team, facilitating coordination across divisions to enhance operational efficiency.
- Reported daily outcomes of payables and receivables to Director, ensuring transparency.
- Established strong relationships with key stakeholders, fostering trust in financial management.
- Provided strategic insights to senior management, supporting informed decision-making.
- Maintained confidentiality of sensitive data through robust information security measures.
- Managed budget forecasts for improved business planning.
- Ensured timely payment of invoices to maintain good relations with suppliers.
- Trained finance team effectively, enhanced overall productivity and accuracy of work.
- Analyzed financial performance to implement key improvement strategies.
- Created and presented accurate, detailed financial forecasts.
- Collaborated with business management to set and control annual budgets.
- Prepared client quotes and invoicing to create stable cash flow.
- Reviewed bookkeeping and management accounts to achieve clear and correct reports.
- Reduced annual business expenditure through careful expense monitoring.
Senior Accountant
Affordables FZCO
Dubai, Dubai
06.2017 - 08.2018
- Accounting sourced items into system before allocating same to various outlets
- Monitoring sales and manage cash flow
- Inventory control and periodic auditing of store stocks
- Monitoring daily collections against targets set
- Timely Banking of all revenues collected
- Arranging payables Vendor payments as and when Due
- Monitoring petty cash for stores as well as HO
- Accounting Vat invoices properly and ensuring are properly recorded
- Preparation of Payroll in accordance with attendance
- Monitoring receivables and following up on them.
- Vat return filing timely on quarterly basis
- Review actuals in accordance with Budget & Forecast
- Incentive calculation on achievement of Sales Target location wise
- A retail outlet chain into trading of Garments- Men Women & Kids, Footwear, Perfumes, Lingerie, Cosmetics, Belts & other Accessories. Sourcing above is from India, China, Bangladesh & other local vendors. The above company has 12 retail stores wherein same is displayed and marketed. The annual turnover works out to little above AED.30Mn.
- Facilitated smooth audits by maintaining organized and accurate records.
- Streamlined payroll system resulting in timely and accurate salary payouts.
- Implemented new accounting software to increase efficiency and accuracy.
- Liaised effectively with external auditors for seamless audit execution.
- Ensured transparency in company finances with regular report generation.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Organized and carried out month-end, quarterly and year-end processes.
- Managed financial updates, watch lists and insurance files.
Assistant Finance Manager
Lals Group
Dubai
06.2006 - 04.2015
- Administered financial functions exceeding AED 700 million for the Group LLC.
- Managed financial statements and conducted profit and cash flow analysis.
- Supervised partner funds for joint ventures in real estate and liaised with bankers regarding loans.
- Oversaw construction operations, ensuring instalment payments adhered to project milestones.
- Analyzed balance sheets in accordance with audit notes and interpretations.
- Conducted risk assessments for customers by allocating credit limits based on business activity growth.
- Ensured compliance with management policies through continuous audits of business procedures.
- Reviewed financial statuses and managed funds to optimize payable, income, and expenditure.
- Reviewed and reconciled balance sheets promptly addressing any discrepancies.
- Supported senior finance manager to ensure financial compliance.
- Prepared monthly management accounts and reports, ensuring accuracy and timeliness.
- Managed and performed month-end activities, employing overtime and transportation to facilitate timely close process.
- Directed budgeting and forecasting activities to align financial goals with organizational objectives.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Consolidated comprehensive management accounts, integrating income statements, cashflow and balance sheets.
- Contributed to hiring process by interviewing applicants and making recommendations for best-suited candidates.
- Reviewed bookkeeping and management accounts to achieve clear and correct reports.
Assistant Manager Accounts
Hasan Juma Backer Trd. & Contracting LLC
Muscat
06.2004 - 02.2006
- Administered accounting functions for M/s Urich Building Materials LLC and M/s Urich Switchgear Mfg. LLC.
- Conducted inventory control analysis, establishing re-order levels and verifying book balances against physical stock.
- Managed import controls, including submission of LC applications, document acceptance, and material clearing follow-up.
- Maintained costing and pricing for materials, preparing detailed costing sheets for imports and finished goods.
- Generated periodic MIS reports detailing sales, collections, outstanding amounts, and sales targets achieved by personnel.
- Assisted in recruitment process to build effective workforce.
- Streamlined store operations with efficient scheduling.
- Handled stock control duties diligently preventing overstocking or shortages.
- Minimized inventory loss for improved profit margins.
- Provided support to manager during audits, ensuring accurate reports.
- Established clear budgets and cost controls strategies to meet objectives.
- Organized financial and operational data to help with yearly budgeting and planning.
Accountant
Videocon International Ltd.
Ranchi, India
01.2000 - 03.2004
- Streamlined budgeting exercises for efficient financial planning.
- Improved cash flow through meticulous accounts receivable management.
- Ensured timely invoice payments with diligent follow-ups.
- Reviewed and reconciled ledgers to maintain integrity of financial data.
- Handled complex account reconciliations; ensured consistency in records.
- Completed detailed profit and loss analysis; identified improvement areas.
- Performed thorough expenditure tracking, preventing overspending.
- Enhanced profitability by managing cost control measures.
- Assisted with strategic planning efforts leading to sustained growth.
- Efficiently managed payroll processing tasks, avoiding errors.
- Generated invoices based on established accounts receivable schedules and terms.
- Managed financial updates, watch lists and insurance files.
- Conducted regular reviews and official audits to validate recordkeeping and controls.
Accountant
Fiat India Ltd.
Ahmedabad, India
01.1997 - 11.1999
- Streamlined financial reporting processes to enhance transparency.
- Conducted detailed profit and loss analysis to identify areas for improvement.
- Managed payroll processing tasks to minimise errors effectively.
- Reviewed and reconciled ledgers, ensuring integrity of financial data.
- Organised month-end, quarterly, and year-end processes for accurate reporting.
- Assisted with strategic planning initiatives that supported sustained growth.
- Oversaw financial updates, watch lists, and insurance files for compliance.
- Generated invoices according to established accounts receivable schedules.
Accounts payable accountant
Konark Ceramics Ltd.
Cuttack, India
03.1994 - 10.1996
- Managed timely payment runs to prevent late payment fees.
- Completed month-end closing activities punctually, avoiding reporting delays.
- Processed employee expense claims, ensuring compliance with company policies.
- Produced comprehensive financial reports for management review each month.
- Maintained accurate records through diligent upkeep of accounts payable ledger.
- Prepared monthly, quarterly, and annual balance sheets with precision.
- Reduced errors in financial reports through meticulous data entry practices.
- Liaised with suppliers to resolve invoice discrepancies efficiently.
- Produced detailed financial reports for management review on monthly basis.
- Handled confidential information discreetly whilst maintaining data privacy protocols.
- Managed reconciliation of bank statements to ensure accuracy and completeness.
- Completed weekly bank reconciliations for accurate and deadline-oriented accounting.
- Generated invoices based on established accounts receivable schedules and terms.
- Assisted with developing and ongoing control of costing and pricing systems for business goods.
Education
ICWAI Intermediate - Post Graduation
Institute of Cost & Works Accountants in India
India 05.1993 - 08.1994
Bachelor of Commerce - Graduation
Utkal University
India 08.1989 - 05.1992
+2 Level (Intermediate) - Commerce
G M College
Sambalpur, Orissa, India 07.1987 - 05.1989
Matriculation - High School
St. Mary's English School
Orissa India 01.1974 - 05.1987
Skills
- Cash Flow Management
- Inventory Control Analysis
- Reporting & Documentation
- Audit
- Well versed in :
- MS Office Proficient, Adobe Packages, Data Management
- ERP- JD Edward, Tally & Oracle Peach Tree
- Retail Insight
- Balance sheet review
- Audit processes familiarity
- Account reconciliation
- Payroll administration
- Cost Accounting
- VAT returns
- Financial analysis
- VAT return submissions
- Financial data analysis
Language known
English, Hindi, Oriya, Bengali, Malayalam, Tamil & Gujarati
Beginner
English
Fluent
PERSONAL PARTICULAR
- Address: Swan Residence 105, Al Warqa 1, Dubai, UAE.
- Passport Details: X9284392
- Driving License : 1453945
- Issued in : Dubai
CORE COMPETENCIES
- Attentively observing & controlling projects with respect to cost, resource deployment, time over-runs and quality compliance to ensure satisfactory execution of projects
- Developing and maintaining organization process in finance function towards lowering risk
- Handling and improving internal control, cost review and taking measures for cost control
- Maintaining and supervising the effective utilization of resources, conducting stock analysis & audit & handling import & export management
- Managing budget tracking tools, invoice preparation, supplier & sub contractor management, inventory control-analysis on movement of materials
- Preparing project accounts in the accounting system; developing and implementing project baselines
- Gathered the monthly financial performance statements, while generating the projected & actual cash flow statements
- Supervised the accuracy of information lying in the financial reports as per compliance with statutory requirements
- Overseeing the streamlined generation of invoices with adequate operation & credit control activities
- Monitoring and verifying monthly bank reconciliation statements for the maintenance of bank accounts and adjusting the variances in a timely manner
- Involved in audit planning & strategies, and managing risk assessment of critical and significant audit areas
- Assessed the activities performed by various audit assistants continuous audit to ensure all business policies
- Conducted the verification of financial statements, including balance sheet, profit & loss, cash flow, and related statements & notes
Timeline
Finance manager
Intermedia Commercial Information Systems Ltd.
08.2023 - 06.2025
Accounts & Finance Manager
NKS General Trading LLC
09.2019 - 07.2023
Senior Accountant
Affordables FZCO
06.2017 - 08.2018
Assistant Finance Manager
Lals Group
06.2006 - 04.2015
Assistant Manager Accounts
Hasan Juma Backer Trd. & Contracting LLC
06.2004 - 02.2006
Accountant
Videocon International Ltd.
01.2000 - 03.2004
Accountant
Fiat India Ltd.
01.1997 - 11.1999
Accounts payable accountant
Konark Ceramics Ltd.
03.1994 - 10.1996
ICWAI Intermediate - Post Graduation
Institute of Cost & Works Accountants in India
05.1993 - 08.1994
Bachelor of Commerce - Graduation
Utkal University
08.1989 - 05.1992
+2 Level (Intermediate) - Commerce
G M College
07.1987 - 05.1989
Matriculation - High School
St. Mary's English School
01.1974 - 05.1987