Accounts,Audit,Taxation,Finance,Finalisation of accounts
Resume:
NITHIN SHETTY
ado9z8@r.postjobfree.com
July’20 to Present : Marasim Food and Beverage LLC
(Event Management Company)
Sep-19 to Mar’20 : Kimiasun DMCC, Dubai UAE
(General Accountant)
Aug'16 to Jun'18 : Vibrant Global Group, Dubai UAE
(Senior Accountant)
Jun’13 to May’16 : Qadi Accountants (Chartered Accountants) Dubai UAE.
(Audit Associate)
Jul’12 to May’13 : Closure Systems International India Pvt Ltd, Bangalore, India (Accountants Officer)
Mar’09 to Jul’12 : MPM and Associates. (Chartered Accountants) Bangalore, India (Audit Associate cum Senior Accountant)
Jul’08 to Mar’09 : Mukesh and Co. (Chartered Accountant), Bangalore, India
(Audit Assistant)
WORK EXPERIENCE
Accounts / Finance / Taxation
SUMMARY
An astute professional with 11 years’ experience in the areas of Accounts, Finance, Audit, Direct & Indirect Taxation. Currently associated with Marasim Food and Beverage LLC, Dubai UAE
(Event Management Company), As Accounts and Office In charge. Demonstrated abilities in completing assignments within time frame and calendar schedules while handling multiple tasks. Possess understanding of matters related to Accounts, Audits, UAE VAT, Imports, UAE Visa’s, Trade license, Dubai Land departments, Finalisation of accounts as per statutory requirements. Possess analytical & organisational abilities with adeptness in formulating accounting systems, preparing accounting records and financial statements.
C. Accounts Operations
Preparing & maintaining statutory books of accounts viz., journal, ledger, cash & bank book and subsidiaries in compliance with time & accuracy norms.
Examining & evaluate financial systems, management procedures, and internal controls to ensure that records are accurate & controls are adequate to safeguard against misrepresentations.
Travel bills accounting and settlement.
Analysing the bills with purchase order, GRN and checking the landed cost of the material
Accounting of Bills Payable (AP), POP (Purchase order processing) bills, import bills and GRN
(Goods Receipt Note)
Cross Verify the GRN with all import bills e.g. Invoice, Bill of Entry Bill of lading, clearing charges bills, Fright Bills etc
Examining and evaluate books accounts to ensure the records are maintained as per local statutory body requirements.
Preparation of Export Documents for Export Sales.
Carrying out reconciliation of different accounts viz., bank reconciliation, current assets reconciliation, intercompany reconciliation, vendor’s account reconciliation, stock verification and reconciliation etc.
Examining and analysing stock movement, ageing of stocks, maintaining records and submit to the management on timely basis.
Administering payroll and process salary of employees through wage protection system.
Controlling income and expenditures with closely monitored financial statements.
Preparing the trading and Profit & Loss a/c, Balance sheet, maintaining fixed asset register, Calculation of Depreciation on Quarterly/monthly/yearly basis.
Maintaining MIS reports entailing cash flow, turnover, customer outstanding and collection statement; evaluating them for facilitating decision-making process.
Preparing and Generating Payslip for employees monthly.
Preparing tenancy contract, making of Ejari, Vacancy notice etc.
Renewal of trade license, LLC, DMCC and apply and process visa for employees.
Renewal of all statutory certificates i.e RERA, property management certificate etc.
Property registration and transfer form company, individuals / transfer of title deeds etc. D. Finance/ Fund Management.
Monitoring cash flow to review the cash position and forecasting funds required for numerous expenses.
Managing funds & disbursement of funds, thereby monitoring accessories purchase.
Handling Cash Transaction and settlement of expenses. KEY DELIVERABLES
A. Receivable / Payable Management
Preparing and following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control.
Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters.
Preparing and making payment to foreign vendors and service provider
Preparing debtors ageing analysis to understand the paying pattern and devising effective accounts payable policies.
Preparing debtors, creditors and stock ageing for management and smooth flow of payment and receivables
Handling cross verification of bill’s with Purchase Order and keying the bills with all breakup of taxes into the tally package.
Managing overall activities encompassing preparation and following up of accounts payable as preparation and follow up of purchase orders for accounts payable B. Audit & Taxation
Taxation
Preparing and filing the monthly/Quarterly/Half yearly returns of sales tax [VAT] E filing
Filing of Monthly/Quarterly and Annual filing of STPI and SOFTEX returns online with STPI Auditing
Verifies journal and ledger entries of cash and cheque payments, purchase, expenses and trial balance by examining and authenticating inventory items
Inspect items in books of original entry to determine if accepted accounting procedure was followed in recording transaction.
Count cash on hand, inspect notes receivable and payable and cancelled cheques.
Prepare report for management concerning scope of Audit. ACADEMIA
B. Com (2009-2012) Dr. CV Raman University, Bilaspur.
Diploma in AD & FT (2004-2007) Technical Board Karnataka, Bangalore
PUC (2002-2004) Pre-University Board, Karnataka State.
SSLC (2001-2002) Karnataka State Board
IT SKILLS
Tally ERP 9, Quick book, Sage 50 Peachtree
MS Word & Excel
Saral Pay Pack, Saral TDS and Winman Income tax
PERSONAL SNIPPETS
Date of Birth : 01/06/1987
Current Address : Room No.202, 1st Floor, Narasco Building, Opp. AZCO Supermarket,Bur Dubai, Dubai
Permanent Address: Shivagiri Nivas, Kere Mel Mane, Ranganpalke Post, Karkala taluk, Udupi-Dist, Karnataka, India
Marital Status : Single
Visa Status : Employment Visa
Nithin Shetty
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