CA Preethy Prathesh

Finance Manager at FEDS Drone-powered Solutions
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Contact Information
us****@****om
(386) 825-5501
Location
Dubai, United Arab Emirates, AE

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Credentials

  • ACA
    -
  • CMA
    -

Experience

  • FEDS Drone-powered Solutions
    • United Arab Emirates
    • Aviation and Aerospace Component Manufacturing
    • 1 - 100 Employee
    • Finance Manager
      • Sep 2021 - Present

       Monitor the day-to-day financial operations within the company (payroll, invoicing, and other transactions)  Prepare monthly group consolidated report including analysis reporting, statement of financial position, cash flow, and monthly and quarterly variance analysis of the budget ..  Manage the company’s relationship with the bank.  Ensure all accounting procedures and processes are consistent and following IFRS. Provide IFRS guidance for closure of management accounts and deciding the accounting treatment in key areas of Financials..  Analyze costs, pricing, sales results, and the company’s actual performance compared to the business plans.  Conduct reviews and evaluations for cost-reduction opportunities..  File quarterly VAT returns.  Liaise with the auditors to ensure appropriate monitoring of company finances . Show less

  • Aero-Pioneer Group
    • United Arab Emirates
    • Airlines and Aviation
    • 1 - 100 Employee
    • Accounting Manager
      • Sep 2017 - Aug 2021

       Reviewed management accounts and Intercompany reconciliation of group entities.  Discuseds the MIS reports with the group CFO regularly for various decision making and taking the corrective measures to improve the top & bottom-line numbers.  Ensure compliance with accounting policies and regulatory requirements  Manage the company's financial accounting, monitoring, and reporting systems  Prepared the Cashflow Forecasts for the groups & submission to the bank for obtaining finance.  Analyzed costs, pricing, sales results, and the company’s actual performance compared to the business plans.  Managed the preparation of the company’s budget.  Fast track VAT implementation and file quarterly VAT returns.  Liaised with the auditors and tax agents . Show less

  • Panache International FZ LLC
    • Packaging and Containers Manufacturing
    • 1 - 100 Employee
    • Senior Accountant
      • Feb 2017 - Aug 2017

       Reviewed day-to-day accounting and statutory compliances.  Reviewed customer receipts, supplier invoices, and supplier payments posted by Accounts receivable executive and Accounts payable executive.  Reviewed payables/receivable aging monthly and ensuring periodic reconciliation of accounts with all creditors & debtors.  Prepared bank reconciliation statements daily for current accounts and loan facilities.  Liaised with Bank for TR, discounting and factoring facilities, and submission of relevant document for TR payments, extensions, invoice, and cheque discounting.  Prepared and analyze monthly, quarterly financial statements for presentation to the management and CEO of the company.  Prepared fixed assets schedule, prepayments schedule, provisions schedule monthly and pass necessary entries in sage to book month-end prepayments and provisions.  Reconciled, adjusted, and maintained all balance sheets and P & L accounts to ensure a true and fair view of the financial statements.  Reviewed all financial accounts to ensure proper recording and classification of all transactions to appropriate ledger accounts, correct reconciliation of cash/bank accounts, timely closing, and reporting of financial statements. Show less

  • Xcel Accounting
    • United Arab Emirates
    • Accounting
    • 1 - 100 Employee
    • Senior Associate
      • Feb 2016 - Feb 2017

       Managed and performed the month-end close process for clients.  In charge of general ledger activities - recorded journal entries and performed account reconciliations.  Prepared, examined, and analyzed accounting records, financial statements, and other financial reports, to assess accuracy for compliance to reporting and procedural standards  Prepared reconciliation of bank accounts and schedules/reports.  Prepared monthly management reports and accompanying schedules, worksheets, and narratives, including “Budget vs. Actual” variance reports.  Meet with clients regularly to discuss processes, accounts, and financial statements. Show less

  • Delta Controls FZCO
    • United Arab Emirates
    • Oil and Gas
    • 1 - 100 Employee
    • Accountant
      • Feb 2014 - Jan 2016

       Maintained general ledgers and performed month-end closings and bank reconciliations.  Carried out regular reconciliation of vendor statements.  Reviewed and processed payment release to the vendors & other accrued expenses on a timely basis.  Presented expense reports.  Monitored and resolved bank issues including fee anomalies and check differences.  Maintained general ledgers and performed month-end closings and bank reconciliations.  Carried out regular reconciliation of vendor statements.  Reviewed and processed payment release to the vendors & other accrued expenses on a timely basis.  Presented expense reports.  Monitored and resolved bank issues including fee anomalies and check differences.

Education

  • The Institute of Chartered Accountants of India
    Associate’s Degree, Accounting and Finance
    2005 - 2009
  • Annamalai University
    M.com, Accounting and Finance
    2004 - 2006
  • Institute of Cost Accountants of India
    Associate’s Degree
    2002 - 2006
  • Holy Cross College, Tiruchirappalli - 620 002.
    B.com, Business/Commerce, General
    2001 - 2004

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