Ajay Mohan Email & Phone Number

Dubai, United Arab Emirates

Dashmesh International Trading is an expanding niche operator providing marketing, sales and distributions services.Dashmesh supply and distribute wines, beers, spirits, and duty-free products into specific key markets. Dashmesh cater to most retail stores within the UAE plus over 89 diplomatic missions.Dashmesh's business majorly split into two sectors:-The UAE Market serving:Retail businesses within the UAEDiplomatic ShopsDuty free… Show more Dashmesh International Trading is an expanding niche operator providing marketing, sales and distributions services.Dashmesh supply and distribute wines, beers, spirits, and duty-free products into specific key markets. Dashmesh cater to most retail stores within the UAE plus over 89 diplomatic missions.Dashmesh's business majorly split into two sectors:-The UAE Market serving:Retail businesses within the UAEDiplomatic ShopsDuty free missionsShip -ChanderlersHotels & resorts in the Northern Emirates-Outside of the UAE Embassies & Consulates in the in Middle East, Africa, CIS and Indian Sub-continent. Duty free missions Show less

United Arab Emirates

Key responsibilities includes the following:• Consolidation of Group financial statements and preparation of MIS reports to be presented for the BOD;• Forecasts with ten years projections for the holding company and also separately for the SPV entities which is prepared for project financing and debt restructuring;• Financial modelling and assessment of IRR & associated risk involved in participating new projects within UAE and overseas;• Computation of the competitive… Show more Key responsibilities includes the following:• Consolidation of Group financial statements and preparation of MIS reports to be presented for the BOD;• Forecasts with ten years projections for the holding company and also separately for the SPV entities which is prepared for project financing and debt restructuring;• Financial modelling and assessment of IRR & associated risk involved in participating new projects within UAE and overseas;• Computation of the competitive tariffs for submission of tender proposals related to utilities and Oil & Gas related EPC/ BOO and O&M proposals;• Analysis of variances in revenue and costing compared with the budgets and prior period figures;• Monitoring of internal capex and external EPC projects; ensure timely revenue recognition and billing of EPC contracts;• Liaised with the a foreign bank for a successful draw-down of working capital facility of USD 30 Mn for Company's general financing requirement;• Liaise with Banks for EPC projects financing - Successfully closed financing requirement for project value AED 300 Mn; • Finance closure for various other projects in pipeline - Mainly for a project valued USD 375 Mn;• Manage Treasury functions for external EPC projects : Cash forecast & management; Processing of LC's and TR's;• Liaise with Banks to process for Letter of Guarantees for both overseas & local Bid participations; Also process performance & advance payment guarantees for the projects awarded;• Liaise with the Banks and respond to their queries on the Company's consolidated financials;• Compute expected credit losses (ECL) for the Group's receivables as per ECL methodologies in compliance with IFRS 9;• Liaise with the Group internal auditors and close the audit queries by coordinating with the departmental heads;• Supervise the AR team and follow up on long O/s balances & ensure speedy collections;• Supervise the AP team, monitor the payments, & ensure timely settlements for critical suppliers. Show less

Abu Dhabi Emirate, United Arab Emirates

Key responsibilities includes the following:• Monthly review of closings of group entities and preparation of group consolidated FS;• Review of monthly invoicing and preparation of revenue reports presented to the BOD;• Actively monitor AR and meet clients to discuss and close on long O/s receivables;• Authorize and monitor prompt payments of accounts payable and ensure that the agreed terms for supply of good/services are fulfilled by the supplier;• Ensure compliance of… Show more Key responsibilities includes the following:• Monthly review of closings of group entities and preparation of group consolidated FS;• Review of monthly invoicing and preparation of revenue reports presented to the BOD;• Actively monitor AR and meet clients to discuss and close on long O/s receivables;• Authorize and monitor prompt payments of accounts payable and ensure that the agreed terms for supply of good/services are fulfilled by the supplier;• Ensure compliance of UAE VAT and Compilation of information for filing of quarterly UAE VAT returns;• Preparation of quarterly and yearly financial reports in compliance with the requirements of Insurance Authority and SCAD;• Provide financial information to the management and BOD to substantiate and support business decisions;• Collaborate extensively with auditors during risk audits, certain agreed upon procedures, year-end audit processes of Holding Company & Subsidiaries (have dealt with EY & PWC for various audit);• Identify control weaknesses and implement process improvements;• Revise and streamline inefficient work procedure of reconciliation of bank accounts with huge transactions;• Review of monthly payroll and accruals pertaining to end of service benefits, leave salaries and other employee benefits and ensure the compliance of UAE Labour Law;• Monthly reconciliation of subsidiary, associate and joint venture companies accounts;• Conducted reviews and evaluations for cost reduction opportunities and presented the same to the managers and obtained approvals for corrective actions;• Cash forecast of the group entities for the next six months, oversaw cash management effectively, ensuring liquidity, minimizing idle funds;• Prevent adverse profit impact on foreign currency settlements on behalf of insurance companies due to foreign exchange variations;• Monitor Holding Company's and Subsidiaries; and Joint Venture's chart of accounts in Sage and Quickbooks to ensure right mapping of GL accounts. Show less

United Arab Emirates

Key responsibilities includes the following:• Internal audit engagement of a large scale manufacturing company engaged in manufacturing of plastic films and pets;• Conducted year end audit of finance department of RAK government, P.S.C. and clients engaged in airlines, ports, manufacturing, hypermarket, construction, healthcare and hospitality industries;• Preparation of Management letters identifying control weaknesses and inherent risks present in a system and reporting… Show more Key responsibilities includes the following:• Internal audit engagement of a large scale manufacturing company engaged in manufacturing of plastic films and pets;• Conducted year end audit of finance department of RAK government, P.S.C. and clients engaged in airlines, ports, manufacturing, hypermarket, construction, healthcare and hospitality industries;• Preparation of Management letters identifying control weaknesses and inherent risks present in a system and reporting weakness, its implications and recommendations;• Development of accounting and internal control procedures, reporting systems and review of their compliance;• Conducted review, evaluation and documented Client's accounting systems, procedures and internal controls to establish reliability and to assess the extent of testing procedures required for an engagement;• Preparation of audit planning memorandum, determine the materiality limits and assess the scope and nature of substantive testing;• Held the responsibility for monitoring of audit and other various agreed upon procedures and ensure the engagement tasks are completed within the scheduled time slots and agreed budgets. Show less

Key responsibilities includes the following:• Maintained books of accounts for clients engaged in trading and manufacturing activities;• Conducted tax audits for various clients engaged in educational, healthcare, construction, retail and manufacturing activities;• Engaged in internal audit engagements (quarterly) of a listed company depot and manufacturing unit situated in Karnataka.

Ca Inter, Accounting, Audit And Taxation

Bachelor Of Commerce (B.Com.), Accounts & Finance