Vidyuth Raja Email & Phone Number

United Arab Emirates

Dubai, United Arab Emirates

◼️ In addition to the responsibilities of Assistant Finance Manager, managed the corporate accounting of the company while assisting the Finance Director in preparation of MIS reports.◼️ Responsible for month end payroll processing of employees through WPS after obtaining necessary management approvals.◼️ Responsible for passing month end accrual and prepaid entries in books of Place Strata Management.◼️ Summarise monthly performance through assisting the preparation of MIS reports for management.◼️ File quarterly VAT returns after reconciling taxable and non-taxable revenue and expenditure.◼️ Liaise with corporate banking relationship manager as well as relationship manager of OA escrow accounts to address any issues that affect day to day operations or bank account maintenance.◼️ Assist in preparation of corporate budget for the year 2021.◼️ Facilitate the annual corporate audit of the books for the year ended Dec 31, 2020 by liaising with the external auditors.◼️ Key resource supporting the transition of Finance Director's twice and General Manager’s twice within a span of one year.

Dubai, United Arab Emirates

I was promoted into an Assistant Finance Manager role to manage the complete portfolio of 34 projects, heading a team of 4 accountants and reporting directly to CFO. Key achievements/responsibilities include: ◼️Responsible for reporting including weekly cash flow status reporting to CFO to ensure adequate funding of accounts and availability of owners’ association funds to meet contracted expenses.◼️Submit monthly P&L reports and prepare weekly dashboard of debtors/creditors and project financial health position to CFO and CEO.◼️Monitor accounts receivables and creditor payables on a weekly basis and take necessary action for debt recovery or raising of owners’ association funds.◼️Responsible for payment approval and VAT review, approving and monitoring payments initiated by team including scrutiny of contracts, LPO’s and tax invoices.◼️Set targets and ensure timely completion of project annual audits by the accounts team for subsequent budgets to be approved by the regulator (RERA). ◼️In addition, also the point of contact for interim project audits for large projects in order to reduce year-end verification by auditors.

Dubai

I was hired to manage financial aspects of c. 11 projects, reporting to Senior Accountant as part of 3-person Finance team. Key achievements/responsibilities include:◼️Responsible for fund management, ensuring adequate fund balances in the OA accounts and timely issuance of service charge invoices, while monitoring monthly receivable rate/defaulter lists.◼️Delivered forecasting and budgeting, including assisting with preparation and upload of yearly building budgets in line with Real Estate Regulatory Agency (RERA) requirements.◼️Prepared periodic cash flow forecasts with view to generate income for OA through fixed deposits.◼️Assisted management in MIS reporting for all OA’s to improve project efficiency. ◼️Ensured timely completion of building audits for subsequent budgets to be approved by RERA and liaised with auditors and site team to bridge any gaps during audit.◼️Oversaw supplier management and contract scrutiny, ensuring timely receipt of Statement of Accounts from suppliers, reconciling books of accounts and validating contract terms/payment break-downs.

Dubai

I was hired to ensure timely and accurate Shared Services accounting and preparation of GL schedules, and assist with preparation and upload of yearly budget. Reported to MIS Manager. Key achievements/responsibilities include:◼️Coordinated with leasing department, brands and auditors for revenue audits of stores and consolidated financials for statutory audit of Non-UAE entities.◼️Oversaw insurance management, ensuring monthly declaration of stock imports and reviewing/ consolidating insurance register for annual insurance renewal of retail brands.◼️Ensured timely withholding of tax payments for Qatar and Oman brands by review of expenses and preparation of tax return forms while liaising with auditors and retail brands.◼️Managed disbursement of payroll for Jordan and Lebanon businesses while ensuring confidentiality of employee information.

I was hired to deliver external audits and assurance engagements across industries such as: Real-Estate; Trading; Retail; and Hospitality. Key achievements/responsibilities include:◼️Delivered IT controls review of Oracle and Legacy accounting software, review of unauthorized brokerage activity through audit of related journals to address fraud risk for real estate business.◼️Delivered fixed assets and inventory count for agricultural products importer.◼️Took part in owners’ association audits for several freehold properties in Dubai, verifying RERA approved budget with income and expenses of the Association. ◼️Took part in Escrow audits for upcoming projects in Dubai for submissions to Real Estate Regulatory Authority (RERA).◼️Delivered internal audit for Indian Government owned re-insurance company based in Dubai.

Dubai Emirate, United Arab Emirates

• Preparing a feasibility analysis of new agents in the market and help determine the contract rates that are most viable.• Formulating new Routing Matrixes based on the signing of new agents and changing market conditions in monthly fuel surcharges and incorporating the same in the operations department.• Reconciliation of Invoices obtained from agents and determining the difference in rates and shipment weights• Preparation of cost sheets for all destinations in the world along with formulae for determining the cheapest cost provider.• Performed a detailed analysis of deviations arising in routing, and presented the anomalies to the management.• Extensive use of Microsoft Excel and a company based software known as “Integra”.

United Arab Emirates

-Comprehensive analysis on the SBI DIFC Branch’s working and policies.- Worked closely with the SBI officers in analyzing loan proposals and rating the company on different scales before sanctioning the loan and steps taken to minimize risk after granting the loan.- Analyzed companies from diverse industries; timber, technology, hospitality, packaged foods to name the few with the objective of arriving at possible sunrise (booming) sectors that SBI can take capitalize upon in the future.

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

Bachelor'S Degree, Finance, General