Augustine Thomas Email & Phone Number

Dubai, Ae

United Arab Emirates

The House of Scandinavian Finishing Materials.

Dubai, United Arab Emirates

➢ Successfully completed the reinstation of prior 5-year books of accounts and get audited for group companies. ➢ Implemented processes and policies laid down initially in various areas of operations by CFO.➢ Created financial models under the guidance of CFO to study the feasibility of proposed business by management.➢ Closing books of accounts and creating MIS reports on monthly basis for group companies.➢ A key role played in ERP implementation at the group level from COA… Show more ➢ Successfully completed the reinstation of prior 5-year books of accounts and get audited for group companies. ➢ Implemented processes and policies laid down initially in various areas of operations by CFO.➢ Created financial models under the guidance of CFO to study the feasibility of proposed business by management.➢ Closing books of accounts and creating MIS reports on monthly basis for group companies.➢ A key role played in ERP implementation at the group level from COA creation to go live. ➢ Assisting CFO in preparing and monitoring budgets to report Actual vs Budgeted.➢ Achieved VAT compliance from scratch and succeeded in VAT return filing without any hindrances.➢ Monthly reconciliation on Bank accounts, Intercompany accounts, and shareholder's current accounts.➢ Preparing monthly cash flow forecast through revenue projections and forecasting expenditure.➢ Reporting cash flow position daily and manage independently, taking care of payables, receivables, and petty cash. Show less

Difc, Dubai, Uae.

➢ Managed the accounting activities of Luxembourg and Dubai-based subsidiaries and the holding entity. Periodical preparation of in-house financials, generating monthly financials in AED, USD, and EUR to comply with legal requirements based on domicile, consolidation of group accounts, and periodic DFSA reporting.➢ Monthly reconciliation on Bank accounts, Intercompany accounts, and shareholder's current accounts.➢ Books of accounts are audited on time and coordinate with the auditor in… Show more ➢ Managed the accounting activities of Luxembourg and Dubai-based subsidiaries and the holding entity. Periodical preparation of in-house financials, generating monthly financials in AED, USD, and EUR to comply with legal requirements based on domicile, consolidation of group accounts, and periodic DFSA reporting.➢ Monthly reconciliation on Bank accounts, Intercompany accounts, and shareholder's current accounts.➢ Books of accounts are audited on time and coordinate with the auditor in UAE and Luxembourg.➢ Performed VAT registration, compliance, and return filing.➢ Classified the revenue recognized is as per contract during the closing of the SCF deal, calculation of profit margin amount in each SCF deal before identifying and accounting of income, Monitoring the timely fund receipt and disbursement in SCF deal transaction.➢ Handled foreign currency-related transactions, updated exchange rates daily, monitored and updated any foreign exchange gains and losses, bank charges, and calculated translation differences by running a particular ledger for revaluation during the closing process.➢ Checked incoming invoices based on company policies and timely disbursement of payable based on approval.➢ Uploaded payment for disbursement in bank portal for payables, utilities, payroll, staff reimbursements based approval.➢ Assisted LUX accounting service providers to convert the in-house financials to LUX GAAP and coordinated with service providers in Luxembourg for Tax returns, Payroll administration, etc. Show less

Abu Dhabi, United Arab Emirates

➢ Completed particular assignments to finalize the accounts and cleared the audit from inception.➢ Handled the implementation of Techsys ERP and transitioning financial data from Tally ensuring the accuracy of financial records by project-wise booking of cost and revenue.➢ Lead in developing, implementing, and maintaining accounting and administrative policies and procedures for a wide-ranging set of activities, including purchases, payments, receivables, payroll, petty cash… Show more ➢ Completed particular assignments to finalize the accounts and cleared the audit from inception.➢ Handled the implementation of Techsys ERP and transitioning financial data from Tally ensuring the accuracy of financial records by project-wise booking of cost and revenue.➢ Lead in developing, implementing, and maintaining accounting and administrative policies and procedures for a wide-ranging set of activities, including purchases, payments, receivables, payroll, petty cash inventories, and financial accounting and reporting.➢ Successfully managed in negotiating with banks for better interest rates & finance charges for business and vehicle loans.➢ Generate project-wise profitability statements, revenue recognition reports, expenditure variance analysis reports.➢ Successfully streamlined the inventories by performing stock control operation by reconciliation and regularisation, proper documentation, and ensuring timely entry of material movement.➢ Monitor the work done for service order/BOQ and intimate the engineering department for an extension if exceeded and timely issue of revenue invoices based on the updated billing and contract register. Show less

Sharjah - Abu Dhabi, Uae.

➢ Successfully handled two group companies in all accounts-related activities, finalize accounts and clear the audit.➢ Assist financial controller and manager in the month and end-year process, budgeting, cash forecasting, capital assets reconciliations, and fixed asset activity at group level and also work efficiently as a team player in accounts receivable, accounts payable, petty cash management, general ledger, checking and verifying payroll and utilities.➢ Played a vital role in… Show more ➢ Successfully handled two group companies in all accounts-related activities, finalize accounts and clear the audit.➢ Assist financial controller and manager in the month and end-year process, budgeting, cash forecasting, capital assets reconciliations, and fixed asset activity at group level and also work efficiently as a team player in accounts receivable, accounts payable, petty cash management, general ledger, checking and verifying payroll and utilities.➢ Played a vital role in assisting the financial controller to streamline the inventories by performing stock control operations which include random physical checks on high-value stock items.➢ Preparation of monthly management information system (MIS) under the direction of financial controller.➢ Generate monthly project-wise/overall profitability statement and revenue recognition reports by ensuring the booking of cost and its apportionment to the project for which it is incurred and allocation of project overhead based on man-hours spend on that project.➢ Update the billing register, contract file and maintain the retention amount list based on invoices provided against service orders. Checking the work done concerning service order and if exceed initiate the process for extension and update the contract file.➢ Liaison with the engineering department for BOQ data and other supporting's for invoicing purposes.➢ Checking and verifying incoming invoices on basis of PR, LPO, IGIR, and GRN/completion documents.➢ Verify the payroll, final settlement forward by the HR department and process WPS payment➢ Compare budget with actual for reporting variances and analyze revenue and expenditure trends to recommend appropriate budget levels➢ Periodic manpower supply reconciliation and reports unbilled amount if any. Show less

Infopark, Kochin, India.

➢ Process UK payroll.

Master Of Business Administration (M.B.A.), Accounting And Finance, 1 St Class

Bachelor’S Degree, Business Administration And Management, General