REEGESH RAMAKRISHNAN
Dubai, U.A.E.
reegeshvr@gmail.com
+971557808495
LinkedIn Profile: https://ae.linkedin.com/pub/reegesh-v-r/42/591/8
JOB OBJECTIVE
SENIOR MANAGEMENT PROFESSIONAL
Scaling new heights of success and leaving a mark of excellence in assignments which involve analytical capabilities and
professional growth in Finance & Accounts / Financial & MIS Reporting / Accounts Payable & Receivables / Team
Management in Shipping sector, preferably in UAE
-Overcoming complex challenges and making high stake decisions using experience-backed judgment, strong work ethics &
irreproachable integrity
AREAS OF EXPERTISE
Accounts & Finance
Financial Analysis,
Reporting & Modelling
Accounts Payable &
Receivables
Account Reconciliation
GAAP Compliance
Team Management
Costing / Expense Planning
/ Budgeting & Forecasting
Fund / Cash Management
PROFILE SUMMARY
A competent professional with 7.5 years of rich & versatile experience in Accounts
& Finance, Financial & MIS Reporting and Accounts Payable & Receivables
Skilled in handling finance & accounts activities encompassing management,
consolidation & finalization of monthly accounts, sundry debtors & creditor control &
settlement of payments with all stakeholders (internal & external)
Demonstrated acumen in monitoring key performance & operational performance
indicators, strategic initiatives, risk scenarios and business plans for Finance Dept.
A dynamic go-getter with experience in monitoring inflow & outflow of cash and
ensuring optimum utilization of available funds for accomplishment of corporate goals
A strategic planner with expertise in analysing existing financial policies &
procedures, preparing reports / annual operating plans / budgets, designing internal
control systems and facilitating effective decision-making
Proven abilities in handling financial accounting, managing month-end provisions
& payables, preparing ledger books, controlling financial statements reconciliation
and conducting GL analysis & annual closure of accounts
A forward thinking person with excellent communication, analytical &
organizational skills; exceptionally well organized with a track record that
demonstrates self-motivation & creativity to achieve corporate & personal goals
CORE COMPETENCIES
Handling finance & accounts functions involving determining financial
objectives, designing & implementing systems and framing policies & procedures
to facilitate process control
Steering overall accounting operations & audit for the organization including
collections, purchase, contract compliance, receivables, deposits, disbursements,
fixed assets and inventory
Implementing significant improvements in financial reporting processes to
improve speed & accurate monthly results & institutionalise internal control &
fraud prevention
Reviewing financial entries / documents that lead to transparency in reporting to
internal & external stakeholders
Assessing the balance sheet and profit & loss accounts at unit level; ensuring
integrity of all financial statements
Establishing the rolling forecasts for cash flow, profit & loss projections for review
by management
Contributing in the development of annual & long range plans that links business strategies to operational plans and
the expected range of financial results
ORGANISATIONAL EXPERIENCE
Since Aug’13 GMS Leadership (The World’s Largest Cash Buyer of Ships), Dubai as Sr.
Financial Accountant
Role:
Reporting to Chief Financial Officer & Vice President on a weekly basis to update on the status of various projects,
financial position & other takeovers
Liaising with auditors to facilitate external audits and review internal procedures as per auditor’s recommendations
Coordinating with various operations & support units to ensure that accurate cost data is available for preparation of
project cost & budget
Overseeing the processes to capture activity cost & their relentless cutting in non-value addition activities
Conducting routine analysis product cost variance; identifying root cause(s) and providing required recommendations
to management for cost reduction
Performing cost analysis of debtors & suppliers
Developing:
o Cost report updates & report generation for review by senior management
o Weekly cash flows to the management
o Annual department budgets to ensure that cost centers have necessary information for effective management;
checking expenditure against pre-set budgets and suggesting the management regarding any significant variance
o Quarterly updates for the annual budgets of departments
Computing the delivery cost of the vessels after considering various factors
Verifying the:
o Final Disbursement Accounts received from various shipping agents
o Performa Disbursement Accounts received from various shipping agents and appointing them after comparing the
costs & services
Checking the quotations & authorizing payments for bunkers, ship spares, vessel & crew insurance & other costs
related to shipping
Handling:
o Vessel bank accounts in foreign banks, i.e. payment, reconciliation, etc.
o Monthly closing of accounting activities including journal entries & accruals to prepare financial statements
o Reconciliation of all sub-ledgers & general ledgers on regular basis
Following due procedures for the approvals of invoices by concerned authorities
Rendering necessary advice to Department Head to understand financial & budgetary requirements and conduct
training programs for department as required
Highlights:
Collaborated with the senior management team in improving & executing strategies & processes and accomplishing
corporate goals & profitability for the company having with more than 150 employees within 10 locations
Developed & implemented automated financial accounting systems that increased transparency and reduced
processing time.
Reduced US$ 120K over accrued expenses through expense & margin analysis
Developed a cash flow reporting system focussing on operating activities that resulted in closely monitoring nature of
expenses in the trading of vessels
Handled & achieved 99.9% deals (Trading of vessels) that resulted in profit through accurate budgeting & proper cost
analysis
Jan’10-Aug’13 The Kanoo Group LLC, (Kanoo Shipping Agencies-Dubai, UAE), Middle
East as Senior Accountant
Role:
Led a team of professional accountants
Developed:
o Financial statements (Profit & Loss A/c and Balance Sheet)
o Cost report updates & generation for review by management
o Monthly & weekly cash flows
o Credit & cash invoices, debit & credit notes, agency charge vouchers, disbursements and collection reports
Involved in vessel disbursement accounts and statement of accounts of various principals
Ensured timely communication with shipping principals related to various subjects like outstanding freight queries
Engaged in disbursement queries / payments, etc.
Looked after inter-division accounts involving maintenance, reconciliation & balance confirmation
Checked & tallied daily import / export collection of various principals
Rendered internal & external audit requirements / clarifications
Computed income on import, trans-shipment, export, tally & supervision, launch hire, meet and assist transportation
Oversaw the maintenance of computerized financial accounts with various packages developed for the company
Aug’07–Nov’09 International Netherlands Group (ING), India as Finance Executive
Role:
Assisted in:
o Monthly closure accounting including preparation of journal entries & accruals to prepare financial statements
o Operating budget & forecasts including setting time tables, designing forms, consolidating data, etc.
Developed daily bank transactions & cash transactions reports
Handled daily funds & receivables position & reported to Finance Manager
Oversaw the invoice generation & credit control
Ensured that general ledger entries were accurate and in line with company & international accounting standards
CERTIFICATION
Pursuing Certified Management Accountant (CMA)
TECHNICAL SKILLS
Accounting Packages (ERP-Gemini Financial, ERP Benefit, ERP SinMax, DCA, Peachtree, Tally & MS Office-Advanced)
EDUCATION
2007 MBA in Finance from University of Calicut, Kerala, India with 1st class
2005 B.Com. from University of Calicut, Kerala, India with 1st class
PERSONAL DETAILS
Date of Birth: 30th April 1984
Languages Known: English, Hindi, Malayalam and Tamil
Nationality: Indian
Visa Status: Employment
Driver’s License Details: U.A.E. Driving License-1759596 (issued at Dubai and valid up to 08/02/2022)
Marital Status: Married
No. of Dependents: 3
Passport Details: G4206353 (issued at Cochin and valid up to 24/07/2017)