Accountant, Chief Accountant,Accounts Supervisor

SURESH B MENON

Muscat, Oman +968********/968********/968******** (Office)

******@*******.*** / *********@*****.***

ACCOUNTS MANAGER/ACCOUNTS SUPERVISOR/SENIOR ACCOUNTANT Qualified senior finance and accounts management professional with over 33 years of experience in managing finance and accounts across diverse organizations. Exploring challenging assignments with a reputed organization to leverage acquired skills in accomplishing organizational growth objectives. EXECUTIVE SUMMARY

Skilled in creating financial models to match with strategic objectives, designing/ implementing processes leading to cost management.

Adroit in working capital utilization, deploying funds and enhancing return on investments for generating adequate liquidity and cash flow.

Assist the management in minimizing inventory pile up and petty cash usage through prudent financial management. Reconcile bank accounts for preparing & evaluating day to day banking position.

Assess & implement accounting control procedures in day to day financial transactions. Approve supplier payments by verifying authenticity of supplier remittances and payment vouchers

Negotiate credit facilities with banks/ financial institutions for maintaining adequate cash flow for existing and future financial transactions as well as organizational business expansion plans.

Adept at reassessing strategic audit plans, detailed risk identification/ mitigation as well as evaluating effectiveness of internal controls. Skilled in assessing root cause of audit issues and developing practical recommendations.

Proficient in leading, mentoring & monitoring the performance of team members to ensure efficiency in process operations & meeting of organizational goals.

CORE COMPETENCIES

Accounts & Finance Management

Audit & Compliance Management

Financial Reporting & Analysis

Cash Management

Internal Controls

Budgeting & Forecasting

Internal & External Audit

Liaison & Coordination

Team Leadership

EDUCATION

Diploma in Functional Training,

Academy of Computer Science

Bombay 1990

B.Com, University of Bombay,

Mumbai, India 1987

PROFESSIONAL EXPERIENCE

The Royal Guard of Oman, Muscat, Oman Oct 1996 – Present Accounts Supervisor

Responsibilities:

Spearhead a team of 20 members involved in preparing accurate bank entries and reconciliation.

Coordinate activities related to checking and clearing payments to local suppliers.

Involved in checking and confirming payment to overseas suppliers based on payment status, verifying and reconciling petty cash payments.

Prepare and compile monthly income and expenses reports to be submitted to Ministry of Finance.

Draft and maintain monthly Management Information reports for Director of Finance and Manager of Accounts with regards to cash and expenses positions and commitment for major project.

Represent the organization in negotiating and dealing with banks for establishing of Letter of Credit for foreign suppliers for the best rate for charges and foreign currency.

Interact with the banks for bargaining best rate for establishing Fixed Deposits.

Negotiate terms, cost, exchange rates and establishing Letter of Credits. Process payment and deduct penalty based on terms and conditions.

Verify and confirm payments through letter of credit based on the terms and conditions of the established letter of credit.

Involved in updating and reconciliation of the Suppliers Ledger, Suspense Accounts (Payroll etc).

Assist the Director General of Finance in preparation of various analysis reports to enable senior management decision making.

Check and verify data entry and update other vouchers based on PERSONAL DETAILS

Date of Birth: 11 Sep 1965

Nationality: Indian

Languages Known: English, Hindi,

Marathi (spoken and written),

Malayalam and Arabic (spoken Only)

Passport Details: V-7757988 valid

till April 2031

Visa Status: Employment

accounting requirements.

Enhance operational efficiency and service quality by improving on existing procedures.

Highlights:

Played a key role in defining and implementing various policies and procedures.

Actively involved in the implementation, and modification of existing Oracle Financial E Business suite Ver.12.1.3.

Actively trained and advised the staff in executing and smoothing functioning of the Accounts Directorate .

Actively involved in B2B implementation that has become mandatory for Bulk Payments as per Oman Laws

Al Hassan Group of Companies, Muscat, Oman Jan 1993 – Oct 1996 Divisional Accountant

Responsibilities:

Functioned as the Divisional Accountant for the Office Equipment Division.

Worked on routine accounting functions, preparing and presenting the management with MIS to enable effective decision making.

Followed up with the stores for inventory and debtors for payments based on organizational policies and procedures.

Maintaining Fixed Assets Register, filing Income Tax Returns and preparing payroll for the group.

Prepared and passed necessary entries for inter-company transaction based on accounting requirements.

Assisted the senior management in internal and external audits and ensured implementation of audit recommendations based on identified deviations. EARLIER ROLES IN BRIEF

Self Employed Dec 1991 – Dec 1992

Freelance Software Support

Responsibilities:

Involved in installation of Financial Accounting, Sales Order Processing Package.

Conducted training sessions for the end users and rendered assistance during finalization.

Conducted data entry and processed accounts for clients at client location or at self-locations.

Performed software modifications / upgrades based on specific client requirements.

Shell Computers Pvt. Ltd, Mumbai Jan 1989 – Nov 1991 Client Support Executive

D.L Sukhadia & Co (CA), Mumbai Jul 1987 - Feb 1988 Audit Clerk

TECHNICAL SKILLS

Operating Systems: Windows and LAN-based systems

Spread Sheets & Word Processors: MSOffice (Excel and Word)

ERP Systems: Orion System (Accounts, Payroll)

DBMS: Foxpro & Foxbase

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