Ramesh Kumar Email & Phone Number

Dubai, United Arab Emirates

● Over view of the Night auditor and Income Auditor reports and Daily EBR /DRR with segment wise productivity of rooms and monitoring the Occupancy and ADR● Effective administration and control of Daily Accounts and Finance ,ensure internal control as per policies● Active participation and advise on SOPs and policies creations and formulations in coordination with GM and Group FC● Preparing Hotel Budget in consultation with Sales and Revenue Dept. and with GM , and Summarize and control the Expenditure budgets , OPEX & CAPEX For the future period and upload same to the Sun system through vision excel . And each month will prepare the Monthly P&L Report with comparison of Budget and conducting review meetings with sales and Depts. ●, Verification and reconciling of daily revenue report.●Responsible for monitoring, review and approving cash inflows and outflows and supplier payments. Ensure daily collections banking ,Oversee monthly closing of books of accounts with accrual basis considering all necessary provisions and prepayment control and reconciliation• Overlooking on the Receivable Aging and –follow up on overaged debts• Monitoring and close watch on the credit card refund and online e-payment systems • Overlooking the Supplier Aging and AMC payments and Scheduling payments • Authorizing the daily store requests and purchase requests after proper verification • Preparing the Monthly reconciliation of inter hotels and with Head Office /Corporate Office with their statements • Daily Briefing with GM and Department heads on daily , monthly P&L Meeting for review • Close watch on the F&b costing • Monitoring HR operation, payroll, WPS & Non WPS salary Transfer, employee final settlement • Facing and clearing audits- Internal, External Statutory and Govt audit- Dubai Municipality and TD Audit • Preparation of VAT summary report with Input output tax for Hotels to assist vat consultant to file return Liaison with Banks,Insurance Agencies

Dubai Uae

Proper Job allocation to Accounts and Finance Staff and their recruitment and training etccMonitoring the works and schedule of Accounts Staff,- Receivable Payable, and General CashierMonitor and Evaluating the Transport Dept performance and AnalysisFollow up with Operation staff-Reservation and Sales staff regarding Pending files and finalisation of files and Collection of Cash agent filesMonitoring and overview of HR and PR operations -Authorising employee requirements /recruitments,monitoring Online Visa matters,Monitor and Checking BSP statement on IATA ticketing sales ,Following up timely payment of BSP ,also liaison with IATA for any querries and issues and licencing.Budgeting of Revenue -Staffwise/Deptwise/Country wise/Market wise and also the overall Cost budgeting and keeping the operational heads responsible to cover the targetReport and Analysis:- Preparation of Staffwise/Dept.wise/Countrywise/Market wise Revenue Report and sending to Concerned Dept.Head/Operational Head for with vaiance from budget and requesting explanation and corrective actionsOverview of all accounting Dept Functions:-Receivable, Payables,cash &Bank Reco,and Inter office reconciliations and Confirmations, Updating licence renewal process, Tenancy contracts and other General agreements and ContractsLiaison with Banks and Auditors and Insurance agents and with Govt dept and lawyer.Allocation of MDs business related expenses to company expenses and settlementMonthly closing of Books of Accounts and preparation of Profit and Loss Accounts and Revenue and Expenses breakup and Quarterly and Half yearly and Annual BalanceSheet and Cashflows and other related Report and AnalysisReporting to MD/owner

Dubai, Uae

Effective Administration of Accounts and Finance Function of the Total Group HotelsClosely monitoring and following up on Daily Night Audit report and querry follow up and asking explanations. Ensure and follow-up on various licence compliance and maintenance contracts. •: Managing the accounts team and ensuring timely updation of books of accounts, Bank Reco, Inter office reco and ensure Internal Control etc•Preparation of Dept wise /Outlet wise Revenue and Expense Budgets and Variance analysis • Monitoring cash flow to review cash position and forecast funds for numerous expenses; ensuring timely receipt /collection of debts; monitoring effectiveness on the Receivable Dept. and ensuring proper follow up for the Recovery of Book Debts; maintaining proper credit terms; monitoring inflow/ outflow of funds, ensuring optimum utilization of available funds; liaising and negotiating with banks & financial institutions for acquiring fund & non-fund based facilities at favorable terms to meet working capital requirements and keeping excellent relationship with banks; conducting SPOT & SURPRISE CHECKS of outlets and cash collection points.• Timely preparation & submition of MIS reports (Profit & Loss Account, Balance Sheet, financial performance, viz. fund management, risk control, Key Performance Indications, etc.) to the top management; providing suggestions for improvement and cost control. Department wise result analysis and Daily, weekly and monthly Food and Beverage Cost Reports and Inventory variance reports in Hotel industries• Auditing and Taxation: interfacing with Dubai Municipality Auditors for timely audit completion and reporting in Hotels Accounts.•Statutory Compliance: Liaising with various government departments (in India and U.A.E) ; banks for guarantee, loans, various licenses and certificate compliance for Hotels in UAEReporting to CEO, GM & MD /Owner

Dubai ,Uae

Effective Administration of Accounts and Finance Function of the Total Group HotelsClosely monitoring and following up on Daily Night Audit report and querry follow up and asking explanations•: Managing the accounts team and ensuring timely updation of books of accounts, Bank Reco, Inter office reco and ensure Internal Controll etc•Preparation of Dept wise /Outlet wise Revenue and Expense Budgets and Variance analysis • Monitoring cash flow to review cash position and forecast funds for numerous expenses; ensuring timely receipt /collection of debts; monitoring effectiveness on the Receivable Dept. and ensuring proper follow up for the Recovery of Book Debts; maintaining proper credit terms; monitoring inflow/ outflow of funds, ensuring optimum utilization of available funds; liaising and negotiating with banks & financial institutions for acquiring fund & non-fund based facilities at favorable terms to meet working capital requirements and keeping excellent relationship with banks; conducting SPOT & SURPRISE CHECKS of outlets and cash collection points.• Timely preparation & submition of MIS reports (Profit & Loss Account, Balance Sheet, financial performance, viz. fund management, risk control, Key Performance Indications, etc.) to the top management; providing suggestions for improvement and cost control. Department wise result analysis and Daily, weekly and monthly Food and Beverage Cost Reports and Inventory variance reports in Hotel industries• Auditing and Taxation: Reviewing financial statements; evaluating internal control systems, conducting/liaise for internal & external audit Statutory & Tax Audits; preparing audit reports; interfacing with Dubai Municipality Auditors for timely audit completion and reporting in Hotels Accounts• Statutory Compliance: Liaising with various government departments (in India and U.A.E) ; banks for guarantee, loans, various licenses and certificate compliance for Hotels in UAE Reporting to the GM & MD /Owner

Dubai ,Uae

Effective Administration of Accounts and Finance Function of the Total Group HotelsClosely monitoring and following up on Daily Night Audit report and querry follow up and asking explanations•: Managing the accounts team and ensuring timely updation of books of accounts, Bank Reco, Inter office reco and ensure Internal Controll etc•Preparation of Dept wise /Outlet wise Revenue and Expense Budgets and Variance analysis • Monitoring cash flow to review cash position and forecast funds for numerous expenses; ensuring timely receipt /collection of debts; monitoring effectiveness on the Receivable Dept. and ensuring proper follow up for the Recovery of Book Debts; maintaining proper credit terms; monitoring inflow/ outflow of funds, ensuring optimum utilization of available funds; liaising and negotiating with banks & financial institutions for acquiring fund & non-fund based facilities at favorable terms to meet working capital requirements and keeping excellent relationship with banks; conducting SPOT & SURPRISE CHECKS of outlets and cash collection points.• Timely preparation & submition of MIS reports (Profit & Loss Account, Balance Sheet, financial performance, viz. fund management, risk control, Key Performance Indications, etc.) to the top management; providing suggestions for improvement and cost control. Department wise result analysis and Daily, weekly and monthly Food and Beverage Cost Reports and Inventory variance reports in Hotel industries• Auditing and Taxation: Reviewing financial statements; evaluating internal control systems, conducting/liaise for internal & external audit Statutory & Tax Audits; preparing audit reports; interfacing with Dubai Municipality Auditors for timely audit completion and reporting in Hotels Accounts• Statutory Compliance: Liaising with various government departments (in India and U.A.E) ; banks for guarantee, loans, various licenses and certificate compliance for Hotels in UAE Reporting to the GM & MD /Owner

Dubai Uae

Effective Administration of Accounts and Finance Function of the Total Group HotelsClosely monitoring and following up on Daily Night Audit report and querry follow up and asking explanations•: Managing the accounts team and ensuring timely updation of books of accounts, Bank Reco, Inter office reco and ensure Internal Controll etc•Preparation of Dept wise /Outlet wise Revenue and Expense Budgets and Variance analysis • Monitoring cash flow to review cash position and forecast funds for numerous expenses; ensuring timely receipt /collection of debts; monitoring effectiveness on the Receivable Dept. and ensuring proper follow up for the Recovery of Book Debts; maintaining proper credit terms; monitoring inflow/ outflow of funds, ensuring optimum utilization of available funds; liaising and negotiating with banks & financial institutions for acquiring fund & non-fund based facilities at favorable terms to meet working capital requirements and keeping excellent relationship with banks; conducting SPOT & SURPRISE CHECKS of outlets and cash collection points.• Timely preparation & submition of MIS reports (Profit & Loss Account, Balance Sheet, financial performance, viz. fund management, risk control, Key Performance Indications, etc.) to the top management; providing suggestions for improvement and cost control. Department wise result analysis and Daily, weekly and monthly Food and Beverage Cost Reports and Inventory variance reports in Hotel industries• Auditing and Taxation: Reviewing financial statements; evaluating internal control systems, conducting/liaise for internal & external audit Statutory & Tax Audits; preparing audit reports; interfacing with Dubai Municipality Auditors for timely audit completion and reporting in Hotels Accounts• Statutory Compliance: Liaising with various government departments (in India and U.A.E) ; banks for guarantee, loans, various licenses and certificate compliance for Hotels in UAE Reporting to the GM & MD /Owner

Mumbai Area, India

Accounts and Finance Administration, Reporting, Liason with Auditors, Compliance and Closely monitoring and following up on Daily Night Audit report and querry follow up and asking explanationsManaging the accounts team and ensuring timely updation of books of accounts, Bank Reco, Inter office reco and ensure Internal Controll etc•Preparation of Dept wise /Outlet wise Revenue and Expense Budgets and Variance analysis • Monitoring cash flow to review cash position and forecast funds for numerous expenses; ensuring timely receipt /collection of debts; monitoring effectiveness on the Receivable Dept. and ensuring proper follow up for the Recovery of Book Debts; maintaining proper credit terms; monitoring inflow/ outflow of funds, ensuring optimum utilization of available funds; liaising and negotiating with banks & financial institutions for acquiring fund & non-fund based facilities at favorable terms to meet working capital requirements and keeping excellent relationship with banks; conducting SPOT & SURPRISE CHECKS of outlets and cash collection points.• Timely preparation & submition of MIS reports (Profit & Loss Account, Balance Sheet, financial performance, viz. fund management, risk control, Key Performance Indications, etc.) to the top management; providing suggestions for improvement and cost control. Department wise result analysis and Daily, weekly and monthly Food and Beverage Cost Reports and Inventory variance reports in Hotel industries• Auditing and Taxation: Reviewing financial statements; evaluating internal control systems, conducting/liaise for internal & external audit Statutory & Tax Audits; preparing audit reports; interfacing with Dubai Municipality Auditors for timely audit completion and reporting in Hotels Accounts• Statutory Compliance: Liaising with various government departments (in India and U.A.E) ; banks for guarantee, loans, various licenses and certificate compliance for Hotels in UAEReporting to MD/Owner

Palakkad, India

Accounts and Finance Administration, Reporting, Liason with Auditors, Compliance and Procedures RBI Rules, and other Laws and Dealing with KSIDC for Financing etccDay to Day accounting and Book keeping,Liaison with Banks and Lc processing ,Auditors and Supplier and Agents also export processingProject reports with analysis for Fund mobilisation, Finalisation of Accounts and Reporting to MD/Owner

Ca Intermediate, Accounting And Business/Management,Taxation, Audit,Cost Accounting, 2Nd

Completed ,my CA Article-ship training and got Accounting Technician Certificate and CA Intermediate Exam Passed Experienced various.

Bachelor Of Commerce (Bcom), Accounting And Finance,Costing, Tax,Auditing, Laws, And Banking, 2Nd

Activities and Societies: Participated in Arts & Sports ActivitiesBCom Graduation Completed

Higher Secondary, Higher Secondary Exam Completed

Done my Secondary School Level Education