Preethy Varghese Email & Phone Number

Dubai, United Arab Emirates

Manage all accounting and financial matters up to maintaining of accounts up to finalization.

Difc, Dubai, Uae

Managing the financial management of the firm and reporting to the SEO, & US office.Responsibilities: Responsible for Financial Management of Accounts & the regulatory requirement at DFSA & DIFC. Responsible for the quarterly & annual PIB returns to DFSA, and annual returns to DIFC.  Cash Management & Financial reporting, Systems & Procedures, Internal Controls, Banking, Fixed Assets & G/L functions. Responsible for the Internal & External Audit, as required by Federal Law in the DFSA Liaise with the Internal & External Auditors for the Annual Audits, for the year-end procedures. Responsible for all accounting and financial systems development through implementation of control and reporting systems. Analyze financial accounts including General Ledger and provide detailed reports of the company to the Directors. Ensuring adequate and appropriate controls are in place and followed to meet regulatory standards. Coordinate and prepare the annual budget with SEO and the Board of Directors. Responsible for monthly reports & Bank reconciliation’s for all the accounts & Petty cash.

Difc, Dubai, Uae.

Manage the complete financial operations of the leading investment company, UAE office (DIFC) and reporting to the Board, UK & Hong Kong offices. Provide leadership and direction to a team of 20 staff.Responsibilities: Responsible for Financial Management of Accounts & the regulatory requirement of DFSA &DIFC. Responsible of regulatory breaches.  Cash Management & Financial reporting, Systems & Procedures, Internal Controls, Banking, Fixed Assets, A/P,A/R,& G/L functions. Responsible for Annual Audit standards as required by Federal Law in the DFSA, and reporting as per Company Reporting Rules. Liaise with the Auditors ( M/s. Ernst & Young) for the Annual Audits. Conducted year-end procedures. Direct all accounts and financial systems development through implementation of control and reporting systems to UK & Hong Kong offices. Analyze financial accounts include General Ledger and provide detailed reports of fiscal health of the company to the Board. Ensure adequate and appropriate controls are in place and followed to meet regulatory standards. Coordinate and prepare the annual budget for the approval of the SEO and the Board. Manage the Finance department, which includes co-ordinating and scheduling the meetings, preparing agendas, attending meetings and submitting the minutes to the Directors. Responsible for monthly MIS reports & Bank reconciliation’s for all UAE & UK the accounts & Petty cash.  Ensure that the firm had effective controls and procedures to manage the risk posed by money laundering.

Dubai, Uae

Provide leadership and direction to a team of 10 staff, reporting to the Managing Director. Managing the complete financial & accounting functions of this leading company engaged in the business of Building Material Trading and producing AED 50 Million in Gross sales revenue having manpower strength of 20. Responsibilities: Responsible for management of company Accounts, Audits, Systems & Procedures, Cash / Fund Flow Management, Internal Controls, Banking, Credit Control, Fixed Assets, Inventory, A/P, A/R & General Ledger, Insurance, HR & Administration of the Management function. Responsible for the financial control of the firm & the Trust Receipt facilities of AED. 80 Million. Responsible for Finalization of Annual Accounts (Balance sheet & P/L A/c.) and reported as per Company Rules & International Accounting Standards. Direct all accounts and financial systems development through implementation of control and systems to adequately monitor and provide financial insight into business operations. Analyze financial accounts and provide detailed reports of fiscal health of the company to the Senior Management. Liaise with the Auditors ( M/s. Morison Menon Chartered Accountants, Dubai, UAE) for the Annual Audits. Conducted year-end procedures & periodic stock checking. Responsible for monthly Bank reconciliation’s for all the banks & Petty cash. Ensuring appropriate and adequate controls are maintained with the bank facilities include, Current Accounts, OD & TR. Checking of Letter of Credits & Export documentation (including the Dubai & Sharjah customs).

Kerala,India

Manage the complete accounting and financial operation of the Group’s 4 companies producing Rs. 20 Million in Gross sales revenue having staff strength of over 150. The main focus of responsibility was to provide leadership and direction in the management of financial and accounting functions of the company having business interest in manufacturing Food processing machinery. Reported to the Managing Director. Directly supervised 20 staff.Responsibilities: Responsible for company Accounts, Finances, Audits, Systems & Procedures, Internal Controls, MIS, P&L performance, Banking, Inventory Control/ Management, Payroll Management, Insurance, Banking, Auditing, Taxation functions. Developed and implemented Accounting/ Financial / Administrative Policies & Procedures including MIS & Management Reporting. Responsible for finalization of annual accounts and reporting as per company reporting rules under Kerala General Sales Tax rules.  Analyzed financial accounts to provide detailed reports of fiscal health of the Group to the Managing Director. Analyzed company’s financial records to forecast future financial position and budget requirements.  Oversaw trade receivables / payables prepared credit limits and monitored over limits. Re-engineered the credit and collection process increasing collection productivity. Liaised with the Auditors for the Annual Audits. Prepared monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses.  Ensured that the financial records are maintained in compliance, and recommended changes in procedure when appropriate. Verification of Bank Reconciliation statements of all companies.

Kerala, India

 Conducted financial and operational audits in compliance with the audit plan and professional auditing standards in order to assess effectiveness of controls, accuracy of financial records and efficiency of operations. Examined records of departments and interviewed workers to ensure recording of transactions and compliance with applicable laws and regulations. Prepared reports by summarizing the areas of non compliance of policies, procedures, standards and local regulations. Inspected accounting systems to determine their efficiency and protective value. Reviewed records pertaining to material assets, such as equipment, buildings and staff. Determine degree to which material assets were utilized. Conduct special studies for management. Discovered mechanics of detected fraud and developed controls for fraud prevention.

Ifrs

Bachelor Of Commerce (B.Com.), Business/Commerce, General

Activities and Societies: Bachelor of Commerce Graduation of Commerce

Education record

School education