ABI THANKACHAN

ACCOUNTANT

Cell: +971-*********

Address: Abu Dhabi, UAE

LinkedIn URL: www.linkedin.com/in/abi-thankachan-a00995192

Email: adb229@r.postjobfree.com

Senior and junior finance professional with 13 years of experience in accounting and auditing procedure in the manufacturing, trading and service industry, having strong skills and extensive knowledge to perform the accounting and tax assignments.

EXPERIENCE

HAMLY INTERNATIONAL-UAE 2010 May – 2019 Aug

SENIOR ACCOUNTANT

Well crafted professional accounting experience with Hamly International, established in 1985, deals with the product such as water & gas tight and fire proof sealing system, security seals, engaged as traders to many government entity in UAE.

Duties & Responsibilities

Managed all phases of accounting from day to day transactions to prepare of financial statement for the audit process.

In charge for the VAT Registration process and assured accounts activities are in compliant with FTA regulations.

Successfully submitted VAT returns every month in FTA online portal, with zero error.

Age receivables and Payables- Collection of revenue with in credit limit.

Vendors bills payment within approved credit period time and also try to get additional credit days to avoid future cash deficit

Proper filing of the yearly financial records. Day to day operation activities such as issuing the receipt voucher, payment vouchers, arrange to deposit collection in bank, phone calls to customer if any overdue, Posting the financial records in software and printing reports for the management review.

Preparing the financial statement such as Trading/ Profit & Loss, Balance sheet for in house & external auditing.

Preparing for the auditing and completing the audit process as per IFRS standard.

Comparing the Gross margin and net margin with the results of last year.

Any queries to reply if the banker had on Audit report. Compare sales growth percentage.

Comparison of expenses and revenue with last year financial.

Preparing monthly bank reconciliation to ensure all payments and deposits made by the company are properly recorded and it reconcile with our cash & bank book.

Verify, allocate, post and reconcile accounts payables and receivables to produce error-free accounting reports and present their results.

Actively handling general ledger functions and the month- end/ year-end close process.

External Auditing preparation as per IFRS standards and fulfilling the auditors check list and explain them any queries related to financial statement.

Internally verifying the Audit draft and point out any mistakes in draft to the Auditor.

GULF ANTIQUES WLL- BAHRAIN 2006 Nov – 2009 Oct

ACCOUNTANT

Adding values to the experience for 3 years as an accountant with Gulf Antiques WLL Bahrain, one of the leading manufacturers of Antiques and modern furniture with having factory and showrooms and also engages in designing the interior.

Duties & Responsibilities

Analyzed and coordinated monthly turnover, Revenue, Accounts Payable and Receivables, Payroll, stock reconciliation and cash management.

Passing all entries related to accounts such as cash purchase, credit purchase, cash sales, credit sales journal voucher, payment, receipts, loans, provision, investment, adjustment entries, credit note, debit note, expenses entries like rent rates and taxes, administration, printing & stationery, loss by fire, loss on sale of asset, interest on loan etc and income entries like interest received, discount received, profit on sale of asset, rent received, income from investment etc.

Preparing manufacturing account, trading A/c, Profit & loss A/c and Balance sheet as per the financial year ending of company.

To ensure all provision entries such as air passage, leave pay, Indemnity, Expenses etc. are recorded properly.

Preparing the costing order wise in spread sheet to analyze the actual profit.

Reconcile the bills payable statement submitted by vendor with our books for correct payment and also reconcile sundry debtor against our invoices.

To ensure all government bills such as gosi, Lmra, Ministry of industry,electricity,Bahrain chamber of commerce etc. are been paid monthly basis to avoid penalty charges.

Preparing petty cash statement monthly with supporting bills received from department wise.

Responsible to submit the audited financial statement yearly to bank for updating the business movement and also the quarterly management report to compare turnover with previous report.

Responsible to open LC for import goods with agreed terms to our foreign vendor and make sure that dues payment against import purchase will be paid to bank before the credit limit days.

CROMPTON GREAVES LTD- INDIA 2005 Aug – 2006 Sept

ASSISTANT ACCOUNTANT

The opportunity to join and enriched experience with the finance team in MNC at the beginner level with Crompton Greaves Ltd, established in 1937, deals with the product such as Transformer, Switch gear, Circuit Breaker, one of the leading manufacturer with having worldwide export of the product.

Duties & Responsibilities

Posting the invoices for the purchase of material with the relevant documents submitted by the vendor and internally approved by the material receipt department in the SAP program.

Preparing the sales return challan which is required to fill and submitted to sales tax department for the completion of return filling.

Depositing the cheques in the bank and issuing the cheques for the vendor’s invoices payment.

Support the finance team at the time of auditing to find out the relevant files which is been shortlisted by the auditor’s.

EDUCATION

M.Com: Accounts Group, 2006- Barkatullah University, Bhopal

Govt.Hamidia Arts & Commerce College Bhopal, Madhya Pradesh, India

Master in commerce (M.Com) Academic Achievement Award

Highlights

Account reconciliation expert

General ledger accounting

Financial statement analysis

Effective time management

Strong organizational skills

Accomplishments

Accounting Skills

Operated computers programmed with accounting software to record, store, and analyze information.

Software platform used by me SAP, Pact accounting software, Peachtree & Tally module.

General Ledger Accounts

Maintained accurate accounts including cash, inventory, prepaid, fixed assets, accounts payable, accrued expenses and line of credit transactions.

Researched and resolved billing problems that had been previously missed.

Personal Information

Place of Birth: Bhopal, M.P, India

Date of Birth: 3rd of February, 1979

Present Resident in Abu Dhabi, UAE

Sex: Male

Status: Married

Hobbies: Cricket, Listening Music, Tennis etc.

Language Known: English, Malayalam, Hindi.

Nationality: Indian.

Religion: Christianity.

Visa status: Residence Visa.

Passport Details

Passport No: M9388702.

Date of Issue: 14/07/2015

Date of Expiry: 13/07/2025

Place of Issue: Abu Dhabi

I hereby declare that all the above information are true and to the best of my knowledge.

Place: Abu Dhabi, UAE (Abi Thankachan)

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