Abey Joseph, Finance professional with 19 Years of overall experience and with 7 with years of Mall Management experience.

About

Finance professional with 19 Years of overall experience and with 7 with years of Mall Management experience. Previous Company : Gulf Capital PJSC - (JV with Mubadala). Position Held : Senior Accountant Responsibilities • Accounts Receivables • Credit Control / Collections • Accounts Payable • General Ledger • Month end Closing, Revenue and Payable accruals /provisions. • Management Reporting • Sales Report, Health Ratio Report and Sustainability Report • System implementation • Streamlining procedures. PROFESSIONAL STRENTH • Managing finance functions involving determining financial objectives, designing and implementing policies and procedures to facilitate internal financial and process controls. • Well versed in system implementation and setting up SOP’s. • Extensive knowledge of working ERP software’s – Oracle, JD Edwards, Yardi and Great Plains, Reporting tools and advanced Micro Soft Excel. • Strong project management skills and ability to work with any levels of organization. • Ability to learn new concepts and improve the existing ones. • Goal oriented and ability to thrive in a fast-paced organization. • Possess good organizational and management skills. • Ability to multi task and working under pressure. • Ability to develop and manage complex reconciliation processes among multiple systems. I look forward to utilize my skillset, knowledge and experience gained to add value to upcoming challenging assignments.

Experience

Gulf Capital PJSC

Jun 2013 – Aug 2020

Abu Dhabi, UAE

Senior Accountant

The Galleria Mall a Joint Venture Project of Related Group (United States) and Mubadala introducing a Luxurious Retail and dining destination. Reporting to Head of Finance and General Manager. Responsibilities and Assignments undertaken • Managing and working together with a very small and dynamic team of 7 members, looking after Accounts Receivable, Accounts Payable, Collections/Credit control, General Ledger and operational activities. • Preparation of weekly cash flow statement, monthly bank reconciliation, month closing and timely submission of schedules together with P&L and Balance Sheet. • Supervising and working together with AR, AP and GL team in accounting for validating system entries. • Preparation of Month end Revenue and Payables accrual / provisions. • Ensuring closure of all modules to facilitate timely management reporting. • Monthly Actual to Budget comparison for variances by coordinating with respective budget owners. • Analysis of the Monthly /Annual Sales Turn over report, Preparation of Health Ratio Report, Sustainability Report, ADHOC reports and periodic checking for Turnover rent qualification on lease anniversary • Coordinating with leasing and legal with regards to the lease amendments /renewals / termination. • Member of JDE and Yardi Implementation team for AP/AR/GL and Online Sales portal. • Handling External and Internal Auditors. Achievements • Able to manage any position at any time to enable smooth functioning of the finance team. • Managed and executed the Operations and Reporting for the mall operations from inception of the Project. • Successfully managed manual accounting and reporting system for initial 7 months in the absence of the accounting software. • Successfully moved manual data to the live JD Edwards and also upgraded the system to Yardi.

National Health Insurance Company- Daman

Sep 2010 – May 2013

Abu Dhabi, UAE

Senior Accountant

A Semi Govt Organization partially owned by the world’s largest Re-Insurer (Munich RE) and Biggest Exclusive Medical Provider in the Middle East. Reporting to Finance Director. Responsibilities and Assignments undertaken • Managing a team of 5 Accountants responsible for Accounts Payables and Accounts Receivable, monitoring the cash flow for smooth functioning of operations. Liaising and coordinating with Company’s Network of Medical Providers, Suppliers, Brokers and Sales team and also maintaining the relationships with the Debtors and Creditors. • Liaising with the various departments, including Provider Relations, Claims, Procurement, Sales team and Brokers to schedule payments and receivables to ensure smooth and speedy disbursements and optimize the cash flow requirements. • Ongoing review and Enhancing of Payables/Receivables/Procurement and Fixed Asset Modules and provide adequate system updates, suggestions and solutions. Review and control on the credit control department to ensure that the function is performed as per the company protocol and within specified timelines with minimum exceptions. • Preparation of Weekly Cash Forecast and Weekly Product wise update on Claims payout. Constitute Servicing Level Agreements where required and ensuring the agreed TATs are met without exception. Monitoring and Scrutiny of the Supplier Reconciliation and Bank Reconciliation. • Preparation of Monthly P&L and Balance Sheet with schedules and reports for Management reports Verification of Weekly Payment Reports to be submitted to Management and Govt Authority (Department of Finance) Liaising with external auditors for the annual audit. Achievements • Reduced the Provider payment TAT by 80%. • Enhancing the ADHOC system generated reports with IT Support for assisting with the management requirements.

Dubai Properties Group LLC

May 2007 – Sep 2010

Dubai, UAE

Senior Accountant

A Semi Govt Property Developer under Dubai Holding reporting to Director- Finance and Planning. Responsibilities and Assignments undertaken • Handling a team of 6 Accountants and 3 Assistant Accountants responsible for Payables and Receivables. • Supervision of the Credit Control and Collections function – Review of the aging of individual receivables, follow up of receivables, reconciliations, resolving queries of customers by liaising with concerned departments. • Preparation of Collection Reports and Payment Schedules as per Contractor MOU, Receivables Outstanding with ageing for Management Reports. • Verification of Budget, and to ensure the DOA has been followed for all ongoing transactions. • Verification of monthly MIS and identifying the potential issues • Daily / Monthly Posting of Entries to GL, Month Closing and Bank Reconciliation. • Monitoring and Maintaining a Data base in Excel for On-line payments to suppliers as a mirror report for the recently implemented project report which needs to be reconciled on a monthly basis. • Monitoring the responses to the supplier/ customers/ contractor queries regarding payments and receivables to ensure the customer satisfaction requirements are followed • Preparation of Monthly Accruals for Payables, Monthly Collection reports, unapplied receipts, reviewing of aged receivables, reviewing the monthly collection reports and providing recommendations on write off of bad debts to the Management. • Verification of collection report from the credit controlling department on the overdue collections pending due to various internal/external issues • Verification of half yearly supplier/contractor/customer reconciliation. Achievements • Was awarded the best employee of the year within 6 months of joining the company • Collected large amounts of overdue receivables previously written off due to inadequate follow up / documentation. • Member of the project module implementation team in oracle for the TECOM Group.

Education

Indian Institute of Chartered Accountants

Jun 1998 – Jul 2001

Completed Article ship and Inter, Accounting

Opal Institute of Computer Science

Jun 1998 – Dec 1998

Diploma in Computer Application, Computer Applications

Kerala University

Apr 1995 – May 1998

B Com, Accounting and Commerce

Abey Joseph

Finance professional with 19 Years of overall experience and with 7 with years of Mall Management experience.

Skills

Languages