Dipak
Accounts Manager
Dubai
Summary of Career
1. Finance & accounts professional well-versed in a computerized environment with a clear vision to make an organized organization more innovative while incoherent organization most systematize bringing 10+ years’ of UAE experience and exceptional strengths in key business deliverables. Well-equipped with IATA Travel industry alongside other industry experience of manufacturing in sales accounts (Auto accessories- gaskets & radiators) and service segments like logistic (Courier), Printing etc.
2. Financial discipline by formulating financial policies and monitoring. Strong accounting system by concentrating on basic accounting functions.
3. Transparency in liquidity functions with full integrity.
4. Cost curb measures and monitoring expenses with set budgets.
5. Keep informing management on major KPI’s to drive their business.
6. Control on exceed debts and ensuring timely payment of vendors' liability.
7. Overall efficiency by compliance on suggestive measures by I & S auditors.
8. Finalization of Accounts & MIS
9. VAT Taxation
10. Budgeting
Experience as Assistant Manager- Accounts
24 April 2006
13 March 2008
FUNCTIONAL PROFILE:
o Head of Sales Accounts (Accounts Receivable) - Manufacturing company of Automotive ancillaries with a turnover exceeding 600 Crores
o Well appreciated the report submitted on Modus Operandi on Rejection Accounting which helped in reducing un-reconciled items and efforts succeeded in gearing collection efforts and reducing Days Sales Over (DSO)
ACHIEVEMENTS:
o Visited out states to resolve overdue receivable which streamlined Rejection Accounting (Warranty and Line rejection) and saved MODVAT by Rs.5 million p.a.
Experience as Chief Accountant
07 April 2008
31 July 2011
FUNCTIONAL PROFILE:
o Pivotal in managing timely migration of back-office accounting system while doing parallel accounting and also managed back-log by ensuring current work simultaneously
o Implemented Internal Control and Check System as a part of Internal Audit recommendation of Plan-Do-Check-Act
ACHIEVEMENTS:
o Reduced incentive cost by 11% by revising collection plan based on age brackets instead of collection volume and same leads to debts reduction over 1 year by 875k
Experience as ACCOUNTS MANAGER
11 September 2011
To date
FUNCTIONAL PROFILE:
o Scrutinized legality part of credit agreement and other documents and circulated it with standard operational procedure to all concerned
o Drafted ABC analysis on customer recovery to plan cash flow
o Seasoned in preparing MIS on Performance KPI’s, Sales & Revenue summary, MTD & YTD analysis of operating profit and below line performance & its comparison with budgeted estimates
ACHIEVEMENTS:
o Managed to save Bank Guarantee Commission by AED 20,000/- pa by taking steps to reduce bank guarantees from 2.7 Million to 1.4 Million in line with current sales
o Un-earthed irregularities worth AED 91k in Walk-in-sales
o Revitalized payable functions by studying and analyzing the entire vendors system
o Increased GP retention by 2% by spearheading Low retention analysis while 8% growth secured by lost and reduced business analysis by approaching customers
o Improved working capital position by visiting customers which helped in getting collection worth 875k & identifying bad-debts worth 300k
Bachelor 30 April 1982
H L College of Commerce