NITESH SHETKAR

MUSAFFAH – ABU DHABI

LINKEDIN ID: https://www.linkedin.com/in/shetkar.nitesh11/

Contact No: +971*********

Email id –adbzcs@r.postjobfree.com

Valid Qatari driving license

A result-oriented business professional with proven abilities in strategic planning, Controlling & Team Management & setting process for improving efficiency of accounts & finance .

A dynamic professional with 12 years of experience in Finance, Accounts, Balance Sheet and Profit & Loss preparation, Preparation MIS, Budgeting, Internal & Statutory Auditing, Costing, Cost Controlling, Procurement in Hospitality/Trading/Manpower

Currently associated with Foodeal Trading WLL, at Qatar corporate office as Chief Accountant looking entire sales operations, finance, accounts, operation & admin activity,

MIS, Profit & Loss A/c, Cash Flow & Fund Flow.

Working up to finalization.

MIS, Budgeting, Tax related work which includes Service Tax, TDS, Vat, CST, Excise, IT etc.

Develop and generating Financial Reports, both routine and ad- hoc Report and presenting to MD, Finance Manager & CFO.

Advance knowledge of Excel’s Logical & Financial Function like VLOOKUP, Pivot Table. Good Formatting & presentation skills in excel & various short cut keys knowledge.

Experience with expenses management analysis and reporting including budgeting, Forecasting and expense variance analysis.

Generate financial reports for Prime Cost, Factory overhead, Administration Exp, Cogs,

Fixed Assets Register

DOMAINE EXPOSURE

Trading Business [April ’2018 – 15th Aug 2019] – Foodeal Trading WLL –, Doha- Qatar (GCC).

Hospitality, Catering and Retail Business [Sept ’2007 – March 2018] – Integral food services WLL [IFS] – Global Venture Group, Doha- Qatar (GCC).

Hotel [March 2006 – Aug 2007 ] – Galaxy /Orchid Beach Resorts & Spa-Luxury 5 Star hotel ( Goa- India )

Hotel [Dec 2000 – March 2006] – Hotel Nova Goa -Luxury 3 Star hotel (Goa -India)

Hotel [May 1999 –Dec 2000] – Bambolim beach Resorts -Luxury 3 Star hotel ( Goa -India)

Hotel [March 1997- April 1999] -Neptune Hotel -2 Star Hotel ( Goa -India)

C.A firm [ Jan 1996- Feb 1997 ] Charter Accountant Audit Firm -Anand Sangoram & Co-( Goa -India) CORE COMPETENCIES

Working up to Finalization,

MIS, Budgeting, Analysis,

assisting year ending audit,

Sales analysis,

Payroll, WPS,

Cash Flow & Fund Flow,

Receivables & payables,

Cost controlling,

Procurement,

Working Capital,

Bank Guarantee,

Bank LC,

Advance Excel’s Knowledge,

Operation Management,

Administration,

ERP (Dynamics AX), Focus,

Tally ERP 9, Prolific, Zoho Books

Foodeal Trading WLL (FDT Qatar), Established in 2018, with its corporate base in Doha, Foodeal Trading is fully Qatari based company. FDT Qatar is fast emerging as a major force in the Middle East region and has become a prominent player in Food & Non- Food distribution & one of the best companies in the field of Food and Non-Food products and be the number one choice among the clients. • Achieve the vision of Qatar 2030 by contributing to the economic growth of the country and helping to achieve self-sufficiency as stated by His Highness the Amir of Qatar.

Current Position- Chief Accountant

Foodeal Trading WLL – Doha Qatar

Dates Employed-April 2018 –Till Date

Employment Duration-1yr 6 Mos.

Handle full spectrum of financial & Accounting role e.g. AR, AP, GL, forecasting, budgeting etc.

Prepare financial statement (MIS) for managing director.

Prepare Cash Flow & Fund Flow.

Review & approve payment vouchers & journal entries

Responsible for day to day finance and accounts operations

Ensure and maintain up to date accounting, financial statement including account payable, account receivable, general ledger and cash management

Ensure that all accrual entry has been booked in the system.

Perform full set of accounts and ensure timely closing of accounts.

Prepare & control supporting financial reports for the management needs details of fixed assets, income statement, cash flow analysis,

Perform project cost forecasts/budgets, cost tracking, monitoring and controls.

Coordinate with various bank & handling letter of credit, Bank Guarantee, tender bonds, working capitals

Responsible for timely monthly consolidated financial statements, payments,

Prepare cost benefit analysis for every new import consignment.

Prepare Projection reports for new pre-opening new trading companies.

Review & approve payment vouchers & journal entries

Ensuring that before closing the Mis, following accounts has checking properly bank reconciliation, PDC Bridging account, Food costing & Inventory reports, posting journal entries, Prepaid Insurance, Prepaid rent, workman compensation, accrual of of leave salary & gratuity as per Qatar labour law,

Coordinating with foreign companies for quotation of products,new agreement

Processed A/R, A/P and billing needs for the company.

Monitor bank transaction and bank reconciliation on a regular basis between the general ledger, bank accounts and the bank statement received from the bank

Monitoring day cash sales collection & Ensure that it is deposited in the bank on a regular basis.

Monthly Verification of stock to QLS Stores.

Preparing sale Agreement /contract for the supplier.

Raising / Issuing International Purchase Order (IPO)

Develop and maintain internal control and effective accounting system and policies for the set up.

Review & Check LPO & (IPO) raised by procurement department.

Check Staff Salary on the monthly Basis prepared by Payroll Accountant & Ensure that Payroll is Prepare as per Payroll Wage Protection System (WPS) Under QATAR Labour Law.

Check Leave Salary, Full & Final settlement of staff & ensure that it is paid as per Qatar labour law Integral Food Services WLL (IFS Qatar), Established in 2004, with its corporate base in Doha, IFS Qatar is fast emerging as a major force in the Middle East region and has become a prominent player in Hospitality, Restaurants Operations, Retail Food Services and Contract Catering & Support Services. IFS Qatar group and its subsidiaries employs over 3000 personnel.

Position- Senior Accountant

Integral Food Services – Doha Qatar

Dates Employed-Sept 2007 –March 2018

Employment Duration-10 yr. 6 Mos.

Perform full set of accounts and ensure timely closing of accounts.

Responsible for timely monthly consolidated financial statements.

Assisting Chief Accountant /Finance Manager to Prepare Cash Flow & Fund Flow.

Assisting Chief Accountant /Finance Manager to Prepare financial statement (MIS).

Develop and maintain internal control and effective accounting system and policies for the set up.

Review & approve payment vouchers & journal entries

Review Monthly A/R, A/P and billing needs for the company.

Monitor bank transaction and bank reconciliation on a regular basis between the general ledger, bank accounts and the bank statement received from the bank

Monitoring day cash sales collection & Ensure that it is deposited in the bank on a regular basis.

Review sale Agreement /contract for the supplier

Review before MIS,& Ensure that following entry has been passed in the system properly- bank charges long term & short term loan interest, depreciation, cost of sales, Post-dated cheque, Food cost, posting

&, Prepaid Insurance, Prepaid rent, workman compensation, accrual of of leave salary & gratuity etc.as per Qatar labour law,

Prepare & control supporting financial reports for the management needs details of fixed assets, income statement, cash flow analysis,

Ensure and maintain up to date accounting, financial statement including account payable, account receivable, general ledger.

Ensure that all accrual & Provision entry has been booked in the system.

Daily Check Reconciliation of credit card control account.

Handle & Solve Internal Auditors Query and External Auditors Query.

Monthly physical verification of stocks at central stores, restaurants and catering sites.

Surprise visit and auditing cash and products of outlets.

Check Salary around 3000 staff on the monthly Basis prepared by Payroll Accountant & Ensure that Payroll is Prepare as per Payroll Wage Protection System (WPS) Under QATAR Labour Law .

Coordinate with various bank & handling letter of credit, Bank Guarantee, tender bonds, working capitals

Prepare Projection reports for new pre-opening new trading companies.

Review & Check LPO & (IPO) raised by procurement department.

Check Leave Salary, Full & Final settlement of staff & ensure that it is paid as per Qatar labour law Galaxy Beach Resorts /Royal Orchid Beach Resort & Spa, Goa India. ... Nestled in South Goa’s Uttroda Beach, Having 69 Rooms with VIP Restaurant, Swimming Pools with Bar Pools Position- Senior Accountant

Galaxy Beach Resorts/ Royal Orchid beach Resorts & Spa -Luxury 5 Star hotel ( Goa- India ) Dates Employed-March 2006 –Aug 2007

Employment Duration-1 yr. 6 Mos.

Handling financial statements including Trial Balance, Profit & Loss A/c.

Preparing periodic cash flow & Monitoring cash flows and ensuring that funds are arranged in the most cost-effective manner

Monitoring & Maintain, Short term & long-term loan, with proper schedule, liaison with banks for its renewal/enhancements, bank guarantees, etc.

Accounting and handling of Accounts Payable in-depth including reconciliation thereof.

Maintenance of daily transaction sheet and bank transaction report together with routine work.

Maintains accuracy and efficiency of day-to-day activities for the accounts receivable functions that cover cash application, A/R research & resolution, credit and billing in accordance with company policies and accepted accounting practice

Monitors customer account details for non-payments, delayed payments and other irregularities. Payment based on the aging summery

Checking of Petty cash voucher & recording under proper a/c heads

Updating Employees Pay card by co-coordinating with bank officer

Preparation of Monthly Payroll –Focus System & Tally 7.2

Posting journal entries and accruals.

Review & Check LPO & (IPO) raised by procurement department.

Check Leave Salary, Gratuity & of staff at the time of full & final settlement

Reconciles all accounts receivable and accrued rebates balance sheet accounts monthly

PDC Management

Maintaining Assets Register & Calculation of Depreciation there on.

Supplier Invoice checking with agreement & booking under proper a/c heads

Monthly Inventory. (Verification of closing stock)

Full Control Over Safety Items with proper delivery note

Streamlining Vehicle Insurance, Vehicle Registration card, Fire Insurance, Workman Compensation, Reconciling Ledgers like, Prepaid insurance, Prepaid motor vehicle Prepaid rental. & perform other accounting duties as requested by seniors.

Preparing & reviews various bank reconciliation statement & general ledger account.

Monitoring day cash sales collection & Ensure that it is deposited in the bank on a regular basis.

Processed A/R, A/P and billing needs for the company. Position- Account cum Audit Executive

Hotel Nova Goa 4 Star hotel ( Goa- India )

Dates Employed-Dec 2000 –March 2006

Employment Duration-5 yr. 4 Mos.

Maintaining cash & credit sales bills (guest checkout bills) computerized Accounts ledger in Tally 7.2

Maintaining Bank book and cash book as per Bank Statements. (Bank reconciliation.

Maintaining Debtors & Creditors, expenses & other Ledgers in ids Handling petty cash,

Securitization of various accounts like, sundry debtors, sundry creditors, Accrued Salaries & wages, Accrued bonus, Employee ledgers,

Checking front Desk cash & Credit Bills Check out bills &ensuring whether the tariff rate & Luxury tax is properly charged as tariff card

Preparation of cash & Credit Invoices (Clients Invoice, Travel Agent invoice) &. Dispatching to the proper dept.

Preparation of Daily sales sheet.

Checking Restaurant bill as per KOT& BOT issued.

Checking of petty cash expenses & ensuring that is booked under proper heads.

Preparation of Supplier check based on the ageing summery.

Verification of Closing stock (Inventory) at the end of month

Preparation of Payroll in HRM System

Monitoring cash & Fund Flow.

Follow up of Sundry debtors as per Ageing Summery. Bambolim Beach Resort in north Goa offers the ideal beachside accommodation to ensure a memorable vacation by the sea. Launched in 1989, the resort has refined its values of ‘heritage hospitality with love’ to provide hundreds of guests each year with their preferred seaside resort in a tranquil and serene surrounding. Nestled on the shores of Bambolim Beach at Bambolim Bay Position- Accountant Assistant

Dates Employed-May 1999 –Dec 2000.

Accurate Accounting of Sales & Receipts.

Managing Accounts Receivables & Credit Control.

Reconciliation of Accounts.

Generation of monthly MIS reports of Sales & Collection.

Interaction with Financial Institutions & Monitor Banking Operations.

Bank Guarantee, Letter of Credit & Insurance Matters

Setting & Meeting exposure limits of Key customers.

Handling logistics of Key accounts for customers

Handling Petty cash & Main Cash Book

Bank Reconciliation.

Supplier Reconciliation.

Hotel Neptune -Luxury 3 Star hotel ( Goa- India )

Dates Employed-March 1997 –April 1999

Position- Account Assistant

Accurate Accounting of Sales & Receipts.

Managing Accounts Receivables & Credit Control.

Reconciliation of Accounts.

Generation of monthly MIS reports of Sales & Collection.

Interaction with Financial Institutions & Monitor Banking Operations.

Bank Guarantee, Letter of Credit & Insurance Matters

Setting & Meeting exposure limits of Key customers.

Handling logistics of Key accounts for customers

Handling Petty cash & Main Cash Book

Bank Reconciliation.

Supplier Reconciliation.

ACADEMIC CREDENTIALS

Bachelor of Commerce from Goa University in Oct 1996. ADDITIONAL EXPEREINCE

Worked Under C.A ( Anand Sangoram & Co ) as Audit Cum Account assistant Sector – Bank & Finance Company, Trading company, Hotels, Schools & Manufacturing Company COMPUTER PROFICIENCY

Applications : MS office (Excel, Word and PowerPoint.)

Operating System : Windows XP Vista, Window 7 and 10.

Financial Accounting : Prolific, ERP (Microsoft Dynamics AX), Tally ERP 9, 7.2, 6.3

Payroll System : Focus

Personal Dossier

Father Name : Rama Shetkar

Date of Birth : 03 May 1974.

Marital status : Married

Passport No : J-1990981

Date of issue : 03 Aug 2010

Date of expiry : 02 Aug 2020

Place of Issue : Panjim Goa

Languages Known : English, Hindi, Marathi and Konkani . PROFESSIONAL REFERENCE

DECLERATION

I hereby declare that the above-mentioned information is correct up to my knowledge and I bear the responsibility for the correctness of the above-mentioned. Place : Doha Qatar Nitesh Shetkar

Date :

Signature

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