Jibin Thomas Babu

Senior Accountant at Al Shoumoukh Group
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Location
AE

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Experience

    • United Arab Emirates
    • Oil and Gas
    • 1 - 100 Employee
    • Senior Accountant
      • Apr 2022 - Present

      •Experience with general ledger functions and the month-end/year-end close process •Adhere to national and local financial requirements by studying existing and new legislation, enforcing compliance, and advising management on needed actions •Contributing to the development of new or amended accounting systems, programs, and procedures. •Preparing revenue projections and forecasting expenditure •Liasing with auditors to ensure appropriate monitoring of company finances is maintained. •Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans Show less

    • United Arab Emirates
    • Retail
    • 700 & Above Employee
    • Internal Audit -Payables
      • Jan 2018 - Apr 2022

      •Collecting financial data and analyze trends •Verification of payments and ensure compliance as per the SOPs •Assess compliance with financial regulations and control. •Test various financial documents for reports, accuracy, and control. •Pays vendors by monitoring discount opportunities, verifying TRN numbers and resolving purchase orders, contracts, invoices, or payment discrepancies. •Compiling and analyzing the consolidated trading accounts of outlets. •Collecting financial data and analyze trends •Verification of payments and ensure compliance as per the SOPs •Assess compliance with financial regulations and control. •Test various financial documents for reports, accuracy, and control. •Pays vendors by monitoring discount opportunities, verifying TRN numbers and resolving purchase orders, contracts, invoices, or payment discrepancies. •Compiling and analyzing the consolidated trading accounts of outlets.

    • Articled Assistant
      • Mar 2013 - Apr 2016

      •Prepared Profit and Loss Statements, Balance Sheets of clients with an audit report. •Prepared internal & statutory audit schedules on a quarterly and yearly basis •Handled Company Incorporation procedures with MCA & secretarial practices •Examined various financial documents and reports for accuracy and compliance •Handled the preparation of: • Working Capital Statements for the clients • Statutory documents for raising long terms loans from commercial banks • Reports related to the discrepancy in trial balance Show less

Education

  • The Institute of Chartered Accountants of India
    CA FINAL, Accounting and Finance
    2015 - 2018
  • The Institute of Chartered Accountants of India
    CA INTER, Accounting and Business/Management
    2012 - 2013
  • Indira Gandhi National Open University
    Bachelor of Commerce (BCom)
    2013 - 2015
  • Bharathiar University
    Master of Business Administration - MBA, Finance and Financial Management Services
    2017 - 2019

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