Zone Joseph Neendoor

Achievements/Tasks

• Manage and coordinate day-to-day accounting operations including financial management, accounts payable, accounts receivable, general ledgers, cash flow, monthly finalization of accounts, preparation of MIS reports, preparation of quarterly & yearly financials as per IFRS, payroll, personnel administration, and inventory management
• Responsible for handling VAT compliance from the finance department and VAT return preparation; managing accounts receivable with aging and consistently; following up on receivables to keep outstanding at minimum debt collection period, and controlling the payments and approval of purchase orders
• Involve in UAE stand-alone and Group Audit at the Singapore headquarters level; group level fund management by raising external working capital for short term and medium term, and performing risk management by controlling the cash outflow of the group during the stringency period and exploring more operational funds by bearing economical cost on mobilization
• Ensure compliance with regulatory authorities (filing returns, adhering to the validities of different licenses and reports like ESR reporting, UBO declaration, Registry update, Trade License renewal, Insurance renewals, AFS filing with DMCC, etc)
• Perform weekly and monthly report preparation and distribution of financial operation resulting in cost reduction and also played a key role in Oracle EBS implementation
• Prepare, and review financial information and reports including income, profit and loss, and balance sheet statements
• Handle Letters of Credit (ILC & ELC) and Bank Guarantees; liaise with all banks for new and current facilities, and attend banker’s queries on Trade finance and funded facilities
• Resolve invoices discrepancies and issues, respond to vendor inquiries, and complaints from different departments
• Design and implement the company’s accounting policies, procedures, and internal controls
• Accurately perform accounting responsibilities within the specified deadlines according to IFRS and GAAP.

Achievements/Tasks

• Responsible for carrying out accounting functions like the accurate recording of journal entries, preparing monthly accounts, maintaining general Ledger schedule, review of payroll workings, inventory management, coordinating with a group of companies, managing all aspects of the accounts payable cycle, cashflow management, petty cash payments, and providing support for various general accounting operations
• Supervised invoice processing, expense reports, reconciling vendor statements, and handling payment complaints
• Ensured compliance of all policies and procedures affecting the accounting operations
• Liaised with internal & external auditors; implemented recommendations if any; took corrective action.
• Managed complete export LC negotiation untill the maturity of the bills.

Achievements/Tasks

• Responsible for managing and overseeing all accounting operations including accounts payable, accounts receivable, general ledger, cash forecasting, revenue and expenditure variance, capital assets reconciliation, fixed assets activities, and statement reconciliations; monitoring financial reports, completing annual audits, meeting financial accounting objectives and recording all fiscal files and documents
• Reported to Group Finance Director; issuance of Consultant Invoices and collection of payments; in charge of branch Admin activities; clearing of cash in hand to bank accounts; preparation of daily sales and cash reports for reporting to headquarters; daily bank reconciliation; petty cash monitoring, and filing of returns of the company like VAT, Sales Tax
• Met financial accounting objectives and maintained fiscal files and records to document transactions
• Developed trends and projections, and also analyzed costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans
• Corresponded with various other departments, discussing company plans and agreeing on future paths to be taken
• Liaised with auditors to ensure appropriate monitoring of company finances was maintained.