Muhammed Shafi S Email & Phone Number

Dubai, United Arab Emirates

Kochi, Kerala, India

Cusatech Foundation is a non-profit-making Special purpose Vehicle established by Cochin University of Science and Technology (CUSAT) to provide services in the higher education sector including Startup incubation, Research funding for Students and professors and Online MOOC Classes.Duties and Achievements:• All transactions were recorded, bank accounts and other ledgers were periodically reconciled, the financial statement was finalized in accordance with accounting standards, and the statutory audit of the company's two financial years was successfully completed• Supported executive management for formulating and implementing policies and procedures for building effective internal control mechanism in Projects management, Purchase process, Petty cash system, Receipts and Payments, Revenue recognition, Internal audit, Fixed assets control, Office Administration etc• Analyzed revenue and expense patterns, recommended and implemented consistent revenue generation models including summer school courses, MOOC programs, certificate programs, and income grew by 25 to 30 percent compared to the prior period• Received multiple CSR money and government grants by submitting accurate and timely financial reports to management and various other stakeholders, and in turn, effectively used funds for objects• Efficiently managed statutory and regulatory aspects of GST, VAT, TDS etc., including computation, verification and filing of returns to authorities without mistakes, delays or fines• Reconciled online and card receipts from consumers in the bank, managed post-dated cheques, printed cheques, initiated payments in the PFMS (Public Fund Management System) portal and other receipt and payment operations

Trivandrum

Al Fas Trading International is the leading manufacturer and wholesale distributor of wooden and glass materials such as plywood, MDF, Marin wood, reflective glass and tinted glass located at KINFRA Park at Thiruvananthapuram, IndiaDuties and Achievements:• Guided accounting staff on matters including journal entries, general ledger posting, bank reconciliation, petty cash management, inventory management, documentations, and more• Accounting errors are reduced by 70–80% percent and a notable increase in employees productivity• Debtors and creditors are efficiently handled through verification, documentation, analysis, and tracking in order to sustain the Account Receivable and Account Payable process• Coordinated with the finance team to ensure prompt collections and payments, resulting in the collection of 35% of over-due sums• Efficiently managed statutory and regulatory complines of GST, TDS, SEZ, PF, ESI etc., including, computation, verification and submission of forms and returns to authorities• Prepared Cashflow Statement, Statement of Profit and Loss Account, and Balance Sheet Statement to Analyze Liquidity, Financial Status, and Financial Position of the company and detailed reports are submitted to senior management quarterly• identified deficiencies in crucial business processes across the finance and accounting functions, consulted with auditors and top management to determine the best course of action, and put in place robust internal control mechanisms

Kowdiar, Trivanddrum

An office with a legacy of three decades operating in society in the areas of audits, taxation and accounts.Duties and Achievements:• Lead the team for performing statutory audits for a variety of businesses, including partnership firms, private and public limited companies, educational institutions, and non-profit organizations• Handled internal audits for businesses in the manufacturing, FMCG, IT, and logistics industries Bookkeeping, Finalization and Consolidation of Financial Statements of various organizations as per IFRS and Indian GAAP• Direct and Indirect tax computations, submission of tax Returns including TDS, representation to tax authorities and drafting tax audit reports• Collect, Verify and Analyze Financial information from entities and prepare various reports for stakeholders such as Shareholders, Bank, Creditors etc

Ca Intermediate, Accounting And Finance

Expert knowledge in Accounts, Costing, Finance, Audits, Taxation, Laws, Information Technology

Bachelor Of Commerce - Bcom, Accounting And Finance, 60%

Ca Foundation, Accounting And Economics, 50