Basil Basheer Email & Phone Number

Dubai, United Arab Emirates

Management Reporting & Financial control: Led the preparation and review of financial statements, including TB analysis, and reported monthly performance for two entities (UAE & Qatar). Ensured robust financial control across both operations.Accounts Receivable & payables manager: Managed end-to-end AP/AR processes as the primary point of contact for clients and vendors. Strengthened internal controls, significantly improving cash flow for both entities by optimizing existing practices.Budgeting & Cash flow management: Developed annual budgets and forecasts aligned with management and banking requirements. Monitored cash flow by managing working capital and coordinating payments with Group Treasury.Bank & Treasury: Single POC for banking activities, overseeing letters of credit, guarantees, and receivables financing. Collaborated with Group Treasury for bi-monthly reviews of FOREX positions to ensure smooth transaction flow.ICV, Audit & VAT compliance: Successfully managed audits for UAE and Qatar entities, finalizing accounts and securing ICV certifications. Led quarterly VAT filings and ensured compliance with all regulatory requirements.Ad-hoc reporting & operations support: Collaborated with logistics, sales, and operations teams by delivering actionable financial insights and ad-hoc reports. Streamlined internal controls, driving operational efficiency and boosting revenue.

United Arab Emirates

Financial reporting: Preparation of financial statements for 2 subsidiaries within the group pertaining to E-commerce (F&B) & logistics industry & overseeing accounting practices by managing accounts receivable, accounts payables etc.Revenue specialist: Lead & guided multiple Finance teams within the group for revenue recognition across various regions including UAE , Egypt, Oman , KSA & India to ensure revenue is recognized in line with IFRS 15.System Process optimization: Involved in process mapping of the In-house (Saas) software to ensure operational & finance practices are improved including sanitization of the invoice generation software in line with the accounting standards.Accounting software lead: Successfully lead & migrated accounting software from Quickbooks to MS Dynamics for multiple entities.

Dubai, United Arab Emirates

Financial Analysis & Management Reporting: Analyzing projects for all business units (total 4 units) on a monthly basis to higher management. Accounts receivable: Maintaining accrual, retention & deferred schedules, booking and approval of invoices and accounting for revenue in line with IFRS 15 requirements.Cost & Inventory analysis: Obtaining forecast of material consumption, analysis of actual inventory usage & reporting to higher management to ensure business requirements are met. Activities include assisting Procurement team via provision of material & cost analysis i.e. identifying profitable/loss making materials.Fixed Asset Maintenance: Preparation of yearly capital expenditure budget/forecasts of assets & to maintain purchase of fixed assets & CAPEX accrual schedule.Accounts Payable & Petty cash (PC) management: Verifying and payment of vendor invoices and petty cash management for more than 32 PC custodians in line with company policies & procedures.Internal Work Control: Setting up of internal controls & policies for more efficient & accurate work practices/procedures for operation team to follow in line with finance team’s requirements leading to increased transparency & accountability within organization. Created internal co. policies relating to CAPEX, revenue recognition etc.VAT: Preparation of VAT-OUTPUT file on a monthly basis and submitting report to management.

Dubai, United Arab Emirates

Revenue Accounting: Account for service fees revenue and other income including maintaining deferred revenue schedule, passing journal entries both fixed and percentage on premium, invoicing and other receivables related activities.Accounts Payable: Book keeping involving bifurcation of SOPL expenses & CAPEX, manage accounts payable for the firm involving local and international transactions, maintaining prepayment and accrual schedules.VAT: Filing VAT return of the company including maintaining income & expense schedules due for submission and verifying the tax invoices & entries in accordance to the FTA laws.Client recon, bank recon & Petty cash management: Reconciliation of the receivables for fiduciary accounts including comparing ledger balance and software fed data to invoice insurance companies after verification of the claims submitted from different providers/hospitals.

Dubai, United Arab Emirates

Handled tasks including book keeping , encoding accounts payable , accounts receivables chasing , management reporting , leads management , invoicing ,reconciliation of bank statements and other ad-hoc tasks based on management requirements.

Professional Certification, Chartered Accountancy, Member

I am an Association of Chartered Certified Accountants member (ACCA) and have been able to successfully complete the course in a duration.

Professional Diploma, Accounting And Business/Management

I have been awarded the Advanced Diploma in Accounting and Business by ACCA for the successful completion of Foundation level.

Bachelor'S Degree, Business/Commerce, General

Successfully completed from Alagappa University, Chennai

High School

Activities and Societies: Awarded Sports Personality twice, House Captain, Basketball Captain, Cricket Captain and have attended CBSE.