Senior Accountant
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Senior Finance professional with over 14 years of experience, vastly in the Middle East with expertise in Finance, Accounting, Cost Accounting & Management Accounting in diversified industries. Currently holds a key position as Senior Accountant Finance in Dubai based multinational manufacturing company.

Professional Expertise:

  • Monthly closing & annual audit liaison.
  • Accounting & Cost control.
  • Cost & Management Accounting.
  • Financial Planning, Budgeting, forecasting and Variance analysis.
  • Inventory control & Fixed Asset management.
  • Input & Output VAT Reconciliations.
  • ERP experience, such as; Microsoft Dynamics AX, BAAN, ISCALA, BPCS, Hyperion, and One Stream.
  • Working knowledge of SOX compliance.

 

Academic Qualifications:

  • Com - Financial accounting & Computer systems & applications - University of Mumbai, India - 2003.
  • MBA (PGDM) -), Production & material management- Balaji Institute of Management Studies (BIMM – Pune, August 2010.
  • Appeared for the examination of Certified Management Accountant (ICMA Australia) FY 2019.

 

Work Experience:

Sr. Accountant: - July 2016 – till date at Xylem water solution & Manufacturing Fzco.

  • Maintaining books of accounts and ensuring that accounting transactions are recorded accurately.
  • Timely and accurately completion of the monthly/yearly financial closing with the supporting schedules.
  • P&L and Balance sheet reconciliations and postings to maintain healthy trial balance.
  • Determine & Prepare month end journals and accruals.
  • Working experience on AR and AP process.
  • Support the Finance Manager with monthly reporting and analysis of various balances.
  • Assist the Finance Manager to complete tasks during internal and external audits for all the entities.
  • Review & Control employee expenses & claims against policy.
  • Yearly budgeting with quarterly forecast review and variance analysis for management reporting.
  • Responsible for review of Purchase price variance (PPV), Overhead absorption, overhead spending, sales & COGS review & validation.
  • Ensure VAT recorded properly within the accounts and submitted relevant returns accurately.
  • Conduct annual standard cost review and reflect revisions to the products pricing list.
  • Responsible for monthly & yearly inventory trends for the intercompany operations and work with supply chain on inventory reduction & optimization for the next period.
  • Controlling CAPEX movement of manufacturing and rental business unit, supervise asset in Progress, asset transfer to the projects etc.
  • Extract data from ERP systems (Iscala, BPCS, and Hyperion) to support the tasks.

 

Sr. Cost Accountant: Nov 2014 – June 2016 at Mohamed Hilal Group Dubai.

  • Responsible for regular Standard and Actual Cost analysis with budgets and variance reporting for critical Management decisions.
  • Adjust inventories when physical counts differ from what the company's financial records indicate.
  • Review and audit all Bill of Material (BOM) to ensure they reflect the latest manufacturing practices.
  • Responsible for drawing up yearly financial budget & Forecast.
  • Monitoring the production orders, Consumption & Wastages on daily basis.

 

Costing Officer: Feb 2012 – Oct 2014 at Interplast Co Ltd., Sharjah.

  • As Cost Accountant in charge of Packaging division comprising units for Film & bags, Shopping bags, Thermoforming, Flexible packaging & Ink factory for inventory and project profitability.
  • Responsible for monthly Financials closing and ensure Inter department charges, Stock pending correction, Utility allocations, Internal orders, salesman incentive provision and Material COGS correction are accurate.
  • Month end review of Inventory value & pricing, purchase price variance and project issue recovery.
  • Responsible for monthly project / job closing report which is covering job wise wastage, Margin & RM consumption.
  • Preparing product wise / segment wise profitability.
  • Calculating machine hour rate yearly basis of Thermoforming, Film & bags, Flexible packaging division.

 

Officer Costing: Positive Packaging at United (M.E) Fzco Dubai.

  • From Mar 2008 – Dec 2011: Responsible for setting up Cost Accounting function in Dubai operations;
  • From Aug 2004 – Nov 2007: Positive Packaging Ltd. India

 

Worked for the Indian operations as Assistant Cost Accountant undertaking following responsibilities;

  • Wastage Analysis – Job Costing, Preparing wastage reports on the basis of Daily production reports & scraps Reports.
  • MIS Reports – Preparing monthly MIS report (includes Job wise cost of sales report customer wise profitability, wastage, etc.), Job wise actual cost sheets covering RM cost, freight &commission, Machine-wise production graph report.
  • Stock Analysis – Verifying raw material stock and preparing stock valuation for all departments including raw material / packing material / WIP goods / finished Goods / printing Cylinders.
  • Maintaining month wise production and inventory Trend.
  • Preparing factory overheads on yearly Basis.
  • Preparing Co-extrusion polyethylene film cost-sheets of in-house production.
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