Results-driven finance professional with a proven track record in elevating financial performance and steering successful projects. Adept at transforming financial data into strategic insights, I bring extensive experience in Senior Accounting roles with a focus on optimizing processes, enhancing transparency, and ensuring compliance. My journey encompasses dynamic leadership at Elements Group General Trading Co. LLC, Salvaje Restaurant Lounge LLC, KG Enterprise DMCC, Panls and Shah Associates, DMCC, Lulu Hypermarket LLC, and more.Specialized in transforming financial challenges into strategic opportunities, my proficiency lies in:• Financial Transparency: Mastermind behind meticulous recording at Elements Group, enhancing accuracy in financial reporting.• Cash Flow Optimization: Proactive management of Bill-wise Accounts Receivables and Payables, reducing outstanding balances and boosting cash flow.• Bank Reconciliation: Orchestrated error-free processes, ensuring compliance and seamless financial reporting.• Operational Efficiency: Streamlined administrative tasks and PRO activities, reducing overhead and enhancing productivity.• Inventory Control: Led initiatives at Salvaje Restaurant Lounge, minimising discrepancies and optimising stock levels for cost savings.• Expense Management: Systematic approach to Rent Schedules at KG Enterprise, contributing to cost control and financial planning.• VAT Reconciliations: Expertly handled at Panls and Shah Associates, ensuring regulatory compliance and financial accuracy.• Financial Translation: Translated complex financial data into actionable insights for clients, promoting clarity.• Strategic Financial Planning: Proactively managed tenancy renewals at KG Enterprise, ensuring uninterrupted revenue and seamless transitions.• Inter-branch Reconciliations: Spearheaded at Lulu Hypermarket, fostering financial integrity and streamlined operations.I have a track record spearheading the revolutionization of financial transparency through meticulous recording, leading to more accurate financial reports; proactively managed Bill-wise Accounts Receivables and Payables, optimizing cash flow and reducing outstanding balances. In addition, I have also improved cash flow by managing Bill-wise Accounts Receivables and Payables efficiently. Let’s connect.
Elements Group General Trading Co. Llc
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Head Of Department (Group)Elements Group General Trading Co. Llc Jan 2023 - PresentDubai, United Arab Emirates• Significantly improved financial transparency by implementing meticulous recording of Purchases, Sales, and expenses, resulting in more accurate financial reports.• Proactively managed Bill-wise Accounts Receivables and Payables, reducing outstanding balances and enhancing cash flow.• Successfully orchestrated Bank Reconciliation processes, ensuring error-free financial reporting and compliance.• Optimized cash flow management by precisely booking Salaries and prepaid expenses, resulting in cost savings.• Streamlined administrative tasks and PRO activities, leading to increased operational efficiency and reduced overhead.• Played a pivotal role in overseeing the onboarding process and employee exits, ensuring a seamless transition and compliance with company standards.
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Head Of Department (Group)Kg Enterprise Dmcc Jan 2023 - PresentDubai, United Arab Emirates• Successfully managed Bill-wise Accounts Receivables and Payables, ensuring accurate financial transactions and prompt payments.• Maintained precise Bank Reconciliations, guaranteeing financial data accuracy and compliance with industry standards.• Implemented a systematic approach to preparing Rent Schedules year-wise, resulting in better financial planning and cost control.• Efficiently compiled data for Post Dated Cheques, ensuring timely payments and preventing payment-related issues.• Proactively managed tenancy renewals, ensuring they were processed at least 90 days before the end date, minimizing disruptions and ensuring continued revenue.• Maintained the DMCC Portal, ensuring compliance with regulatory requirements and facilitating seamless operations.• Established and organized a comprehensive schedule for KYC Documents for Tenants, enhancing regulatory compliance and tenant onboarding efficiency.
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Head Of Department (Group)Salvaje Restaurant Lounge Llc Jan 2023 - PresentDubai, United Arab Emirates• Significantly improved cash flow by efficiently managing Bill-wise Accounts Receivables and Payables, resulting in reduced outstanding balances and timely payments.• Achieved precise and error-free financial reporting through expert handling of Bank Reconciliations, ensuring full compliance with industry standards.• Spearheaded inventory control initiatives, minimizing discrepancies and optimizing stock levels, resulting in cost savings and enhanced operational efficiency.• Played a key role in enhancing cash flow management by meticulously booking Salaries and Prepaid Expenses, contributing to improved financial stability.• Successfully reduced financial overhead by efficiently booking Salaries and prepaid expenses, resulting in substantial cost savings for the company.
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Accounts Cum Admin SupervisorElements Group General Trading Co Llc Jan 2023 - PresentDubai, United Arab Emirates
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AccountantPanis And Shah Associates Dmcc Sep 2021 - Nov 2022Dubai, United Arab Emirates• Enhanced financial transparency by booking Expenses Cost Center wise, enabling precise cost tracking and budget optimization.• Strategically managed prepayments of expenses, leading to improved cash flow management and cost reduction.• Successfully navigated the intricacies of Anti-Money Laundering (AML) procedures for clients, ensuring compliance and safeguarding financial integrity.• Played a vital role in assisting with VAT filing, ensuring timely and accurate submissions, and preventing financial penalties.• Demonstrated proficiency in bookkeeping across diverse industries, including Gold & Diamond Companies, Service-related industries, real estate, and FMCG, ensuring comprehensive financial management.• Masterminded VAT reconciliations by meticulously comparing data with the FTA Portal and Books of Accounts, minimizing discrepancies and ensuring regulatory compliance.• Spearheaded the monthly process of passing closing entries, resulting in a clear understanding of profit and loss and laying the foundation for effective budgeting.• Effectively translated complex financial data into easily understandable language for clients, promoting clarity and preventing confusion in their understanding of the books of accounts. -
Junior AccountantLulu Group International Nov 2019 - Dec 2021Dubai, United Arab Emirates• Proactively managed Accounts Payable, ensuring timely payments and streamlined financial transactions.• Enhanced financial transparency through the precise booking of Expenses Cost Center wise, facilitating accurate cost tracking and budget optimization.• Demonstrated analytical skills by preparing Ad-hoc reports, providing valuable insights for strategic decision-making.• Maintained various schedules that aided in the meticulous booking of prepaid expenses, resulting in cost savings and improved cash flow management.• Ensured financial accuracy and integrity through the preparation of Supplier or vendor reconciliations, preventing discrepancies and promoting strong vendor relationships.• Constructed Sales reports and effectively managed Accounts Receivables, contributing to revenue growth and financial stability.• Spearheaded Inter-branch reconciliations, fostering financial integrity and streamlined operations.• Played a vital role in Month-end and Year-end closures, contributing to accurate financial reporting and compliance.• Meticulously conducted Credit Card Reconciliation and related bank reconciliation, minimizing financial discrepancies and ensuring financial accuracy.• Maintained and updated general ledgers and journals, providing a strong foundation for financial record-keeping and reporting. -
Articled AssistantKuruvilla & Co. Chartered Accountants Jun 2017 - Nov 2019Pathanamthitta, Kerala, India• Conducted comprehensive audits of Non-Profit Organizations (NPOs), including Schools, Churches, and Hospitals, ensuring financial integrity and regulatory compliance.• Successfully completed audits of Financial Institutions, contributing to their financial stability and adherence to industry regulations.• Played a pivotal role in assisting with the Bank Audit of the State Bank of India Mepral Branch, ensuring precision and transparency in financial reporting.• Proficiently prepared accounts for GST Returns, ensuring accuracy and compliance with tax regulations.• Skillfully handled Government Audits, guaranteeing adherence to governmental financial standards.• Managed Income Tax filings for Individuals, ensuring full compliance with tax laws and optimizing tax returns.• Conducted Tax Audits for Various Firms, ensuring the accuracy of financial reporting and compliance with tax regulations.
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Articled AssistantJose Maruthathu & Company Chartered Accountants Nov 2015 - Nov 2016Pathanamthitta, Kerala, India• Conducted thorough audits of Non-Profit Organizations (NPOs), including Schools, Churches, and Hospitals, ensuring financial integrity and compliance with regulations.• Successfully completed audits of Financial Institutions, contributing to the maintenance of financial stability and adherence to industry standards.• Played a key role in assisting with the Bank Audit of the State Bank of India, ensuring the accuracy and transparency of financial records.• Demonstrated a keen eye for detail by proofreading legal documents, preventing errors and ensuring document accuracy.• Effectively prepared letters on behalf of clients, maintaining clear and professional communication channels.• Managed Income Tax filings for Individuals, ensuring compliance with tax regulations and optimizing tax returns.• Conducted Tax Audits for Various Firms, guaranteeing adherence to tax laws and the accuracy of financial reporting.
Abey Abraham Education Details
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Accounts, Law, Cost Accounting & Financial Management And Taxation Paper -
Business/Commerce, General -
Bachelor Of Commerce (Finance&Taxation)
Frequently Asked Questions about Abey Abraham
What company does Abey Abraham work for?
Abey Abraham works for Elements Group General Trading Co. Llc
What is Abey Abraham's role at the current company?
Abey Abraham's current role is Accounts Cum Admin Officer@ Elements Group | Chartered Accountant, M.Com.
What schools did Abey Abraham attend?
Abey Abraham attended The Institute Of Chartered Accountants Of India, Indira Gandhi National Open University, Catholicate College, Pathanamthitta - 689 645.
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Abey Abraham
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4outlook.com, gmail.com, boscogrp.com, dormakaba.com2 +971505XXXXXX
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Abey Abraham
Mba In Hospital Administration, Senior Billing Executive Ip/OpDubai, United Arab Emirates1gargashhospital.com
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