Abdul Raqib Email & Phone Number

Al Barsha 1, Dubai, United Arab Emirates

Core Responsibilities:·Oversee automated reconciliation processes for all financial transactions, ensuring accurate and timely variance reporting.·Manage and control General Ledger (GL) accounts, ensuring alignment with financial objectives.·Monitor bank and agent account balances, managing cash positions for branches and third-party products/services.· Supervise the reconciliation of over 400 bank and agent accounts, releasing agent and bank remittance commissions efficiently.·Prepare monthly revenue reports for a diverse range of products and services.·Handle stale transactions and unclaimed funds, ensuring compliance with company and regulatory policies.·Conduct financial data analysis to identify opportunities for process improvements and cost-saving initiatives.·Provide training and mentorship to team members, fostering skill development and enhancing overall team performance.·Ensure accurate monthly closing of accounting books, adhering to company & Regulatory standards.·Analyze and interpret key financial data related to income & expenses, providing insights for decision-making.·Assist the Head of Finance Operations with financial management, reporting, and strategic planning.·Support annual budgeting and forecasting processes to align with organizational goals.·Monitor key operational and financial KPIs to drive improvements in overall efficiency.

Dubai Uae

Leading Foreign Exchange & Remittance Service Provider in Middle East with Plus 1600 branches Position: Assistant Manager - Finance Since: - January - 2015Position: Senior Supervisor – Accounts Since: - October 2012 to Dec-2014 Major Responsibilities• Manage & Control GL Accounts.• Ensures proper monthly closing of accounting books as per company procedures.• Monthly Financial Reporting• Analyzing & Interpreting data’s related to various accounts-Incomes/Overheads/Balance sheets etc.• Supporting the annual budgeting and business forecasting processes.• Tracking key operational and financial objectives to improve overall efficiency.• Inter branch accounts and WPS Accounts management and control.• Employee training and developments.• Assist Senior Managers in financial management and reporting activities.• Monitor-Banks and Agents Accounts balances.• Monitor Branch Cash Position and control.• Monitor & Control- Third party products - services/settlements/revenues sharing etc.• Controlling Stale Accounts, Agents / Banks reconciliation supervision.• Monthly reports to Internal Auditor –Reconciliation position for more than 350 banks and agents accounts.• Releasing Agents and banks remittance commission.• Monthly revenue reports on various products and services to Board of Directors.

Abu Dhabi - Uae

Position: Accounts Supervisor (Reconciliation) [July- 2007 – Sept-2012]

Mangalore India

• Maintaining individuals and business firm books of accounts• Preparing Bank Reconciliation Statement• Preparations of Trial Balance• Preparations of Profit & Loss account and Balance Sheet• Preparations of Audit Report• Preparations of Tax Returns for companies, Firms and Individuals• Conducting Internal Audit and Statutory Audit of various private and public entities• General office administration functions• Generating and maintaining individuals and business firm accounts• Preparing Bank Reconciliation Statement• Vouching Sales and Purchases Invoices• Preparations of Trial Balance• Preparations of Profit & Loss account and Balance Sheet

Pgdbm, Finance And Financial Management Services

B.Com, Commerce