Sreemon Babu
Senior Accountant at Concept Zone Dubai- Claim this Profile
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Bio
Credentials
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Driving License
RTAOct, 2018- Nov, 2024
Experience
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Concept Zone Dubai
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Events Services
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1 - 100 Employee
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Senior Accountant
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Feb 2022 - Present
• Preparing bank reconciliation statement (BRS) for all entities separately and submit the BRS report to the MD. • Preparing the consolidated bank detail summery with provisions payments and PDC issued cheques daily. • Reconciliation of inter-company (ICR) transaction and making adjustment entries accordingly • Preparing Client SOA, 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐜 𝐬𝐲𝐬𝐭𝐞𝐦 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐞𝐝 𝐢𝐧𝐯𝐨𝐢𝐜𝐢𝐧𝐠 𝐟𝐨𝐫𝐦𝐚𝐭𝐬, 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐯𝐨𝐮𝐜𝐡𝐞𝐫𝐬, 𝐜𝐡𝐞𝐪𝐮𝐞 𝐫𝐞𝐜𝐞𝐢𝐩𝐭𝐬, 𝐜𝐚𝐬𝐡 𝐫𝐞𝐜𝐞𝐢𝐩𝐭𝐬, 𝐪𝐮𝐨𝐭𝐚𝐭𝐢𝐨𝐧𝐬, LPO etc. • Preparing and reconciliation of Supplier Statement and making Payments accordingly • Performing day to day accounting of financial transaction including recording posting accounts receivable/Payable, expenses, progressive invoicing, progressive payment etc. • Prepare monthly salary payroll in excel pay salary through WPS (SIF) file then upload online making sure all employees are paid accurately and timely • Forwarding of monthly statements (SOA) to clients to keep them updated on debt repayment activities. Maintain all accounts of bank account, enter expense, advance, retention, Security Deposit. • Progressive invoicing, bills and payment, petty cash, passing journals and prepare payment to supplier • Sub-contractor progressively as per the work in progress on estimation. Inventory management and preparing stock report Invoicing, Preparing, Sales quotation, Preparing the LPO, Creating the item group, Item ledger, Maintain the stock inventory in FIFO method. • Verification of Invoices with LPO, recording the invoices and validate payments on timely basis. • Assist with preparation of financial reports & other reports provided to management Show less
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Little Bee Baby Care Products (P) LTD
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Thrissur, Kerala, India
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Accounts Receivable Specialist
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Aug 2020 - Dec 2021
• Accounts Receivable – Collection, Chasing, Processing, Reporting, Managing bad/doubtful debts, etc. Ageing analysis of Debtors on weekly basis, • Monitoring of collection process, follow up with sales department for collection of past due invoices. Preparation of invoices and customer statements • Handling the accounting reconciliation queries of key partners • Forecast and manage cash flow on regular basis • Following up with clients on the payment status • Keep and maintain records in Tally ERP 9 Accounting Software Show less
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Mawaride Contracting LLC
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Dubai, United Arab Emirates
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General Accountant
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Sep 2019 - Jun 2020
• Project wise accounting: Prepare progressive invoice as per the WIP from BOQ estimation approved by consultant then releasing payment to the subcontractor and supplier accordingly. • Prepare daily bank reconciliation statement (BRS) detailed bank summary intercompany fund transfer maintain sufficient bank balance including PDC, CDC and provisions on daily basis. • Maintain all accounts of bank account, enter expense, Advance, Retention, Security Cheques, Progressive invoice as per BOQ , pay bills DM fees, petty cash, Cheque printing passing journals and prepare payment to supplier Sub contractor progressively as per the work in progress on estimation. • Preparation of fi¬nancial statement including Trial Balance, Balance sheets, Profi¬ts and loss accounts, Cash flow statement. • Assisting Chief accountant in preparation of ¬financial statements. • VAT Return ¬ling in FTA Online portal in every quarter • Preparation of VAT returns for review by line manager before submission to FTA. • Segregation of all expenses in to Direct, Indirect, General and admin expenses. • Maintain vendors and subcontractor’s ledger up-to-date. • Forwarding of monthly statements to clients to keep them updated on debt repayment activities. Show less
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Austrian Arabian ReadyMix Concrete Company
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United Arab Emirates
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Civil Engineering
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1 - 100 Employee
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Junior Accountant
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Aug 2017 - May 2019
• Presenting a true & fair view of the ¬financial position of the company by timely preparation of annual reports including financial statement. ASSISTANT CREDIT CONTROLLER • Maintaining all Books of Accounts and advising overseas creditors & collection. • Preparation and updating detailed Ageing report, Follow up credit clients on phone, mail send SOA • Handling Credit Facility Form collecting Bank statement, Security deposit cheques, company’s document, partner’s document, keeping documents records, check with applicants references in market through sales team JUNIIOR ACCOUNTANT • Supporting the Chief Accountant for preparation of quarterly Finance Report. • Preparing bank reconciliation statement for all entities separately and submit the (BRS) and bank details summary of PDC issued, deposited (security cheques) report to the MD daily morning • Assist Chief Accountant for preparation of ¬financial statement including Revenue Report, Trial Balance, Balance sheets, Pro¬fits and loss accounts, Ageing Report quarterly, VAT receivable, VAT payable. • Performing reconciliation of ¬fixed assets account and updating depreciation schedules for the same in excel. Accounts payable –routinely processing of payments as per schedule and credit terms, reconciliations and allocations. • Support HR when needed regarding financial matters such as Payroll, Employee expenses, Timesheets, Clarifications. • Maintain fi¬xed assets depreciation schedules and employee’s gratuity provision for each month. • Preparation of quarterly VAT returns and Return ¬ling in FTA Online portal in every quarter. Administering banking operations including preparation of bank reconciliation statements • Prepare monthly Salary payroll, Pay slip in excel pay salary WPS, cash salary, cheque salary, deduction, Air ticket charges, Gratuity, Leave salary etc. Show less
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Nitty Gritty Technical Service & Contracting LLC
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United Arab Emirates
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Facilities Services
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1 - 100 Employee
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Accountant
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Jun 2014 - Sep 2016
Managing Accounts. • Accounts Payables, Receivables, Passing Journal Entry, Bank reconciling, Petty Cash, Invoice Booking, Payment preparation & posting • Invoice Booking: - Posting of average of 1.5 Million worth invoice • Renewal of AMC contract by checking the profitability report. • Payment preparation & posting: - Overseeing entire payables by ensuring complete & accurate Documentation prior to approving payments as per agreed terms. • Monitor all vendor payment agreements to find discounts that can be used to reduce invoice amounts • Petty Cash -Pay employees by receiving and verifying expense reports for advances; • Maintaining accuracy of payments by performing 3-way matches between suppliers’ invoices, • Goods receipts notes and purchase orders. • Preparing bills receivable, Statement of Accounts, Invoices and bank deposits • Tracking cash inflow and outflow by preparing Bank Reconciliation Statements • Purchase Order Preparation & Assisting purchase Dept. Dealing all accounts related works, submitting daily report to management. I worked in this contracting company as a accountant AR AP Show less
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Education
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2018 - 2021
JYOTHIS COLLEGE FOR ADVANCED STUDIES - India
Master of Business Administration - MBA, Finance and Financial Management Services -
2008 - 2011
Marathwada Mitra Mandal's College of Commerce, Pune 4
Bachelor of Business Administration - BBA, Finance and Financial Management Services
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