About Ajith Sugathan

  • Academic Level Master’s Degree
  • Age 28 - 32 Years
  • Salary 1850
  • Gender Male
  • Industry Management

Description

Chartered Accountant with 14 years experience

Education

Experience

  • 2019 - 2021
    One Prepay Group

    Director-Finance & Accounts

    Reporting to – CEO and Dotted Line Reporting to Group CFO  In-charge of finalizing accounts and monthly book closure of all three companies in the group.  Implement and monitor accounting processes and financial operations at every business location.  Establishment of reporting framework for all business verticals in the group.  Implement risk mitigating procedures.  Ensure legal compliance at every business region on time and its adherence with recent updates.  Monitor and track company\'s financial stability and performance to identify areas for potential improvement.  Plan and develop operating procedures and systems to provide critical financial and operational information to the CEO, also, responsible to suggest actionable recommendations on both strategy and operations.  Sustain effective relationships with external stakeholders such as banks, creditors, and directors.  Manage company’s working capital and maintain/improve its cash conversion cycle.  Plan and implement processes to ensure adherence of covenants agreed with banks and other financial institutions.

  • 2019 - 2019
    One Prepay Group

    Manager-Finance & Accounts

    In-charge of finalizing accounts and monthly book closure of all three companies in the group.  Implement and monitor accounting processes and financial operations at every business location.  Establishment of reporting framework for all business verticals in the group.  Implement risk mitigating procedures.  Ensure legal compliance at every business region on time and its adherence with recent updates.  Monitor and track company\'s financial stability and performance to identify areas for potential improvement.  Plan and develop operating procedures and systems to provide critical financial and operational information to the CEO, also, responsible to suggest actionable recommendations on both strategy and operations.  Sustain effective relationships with external stakeholders such as banks, creditors, and directors.  Manage company’s working capital and maintain/improve its cash conversion cycle.  Plan and implement processes to ensure adherence of covenants agreed with banks and other financial institutions.

  • 2016 - 2018
    AJ Tronics FZCo - Dubai

    Finance Manager

    Financial reporting based - monthly, quarterly, half yearly and yearly.  Preparation of budgets, variance reports, MIS reports and forecast financial statements of the company.  Review monthly reports and executive summaries/dashboards on ad-hoc basis for company Boards’ review.  Conduct/ engage in management meetings to assess performance v/s target.  Actual outcome to budgeted expectations assessment as specifically requested by department heads. Produce variance reports to identify significant corrective measures.  Annual audit co-ordination with external auditors.  Liaise with suppliers for their respective queries related PO, GRPO and payment.  Ensure all designated departments’ proposed expenses are captured within the budget and are allocated on the appropriate budget category/line classified according to company policy.  Analysis and interpretation of financial results of the company.  Revenue, cost of sales, gross profit, return on investments and customer profitability analysis.  Financial and commercial risk identification and its appropriate mitigation.  Bank dealings for facilities such as Letters of Credit (LCs), Trust Receipts (TRs) Letters of Guarantees (LGs), Financing & long-term loans.  Ensure sufficient funds are available to meet ongoing operational and capital investment requirements of the company and sustain banking relationships.

  • 2014 - 2016
    Talal Abu Ghazaleh & Co International – Dubai

    Auditor

    Manage successful and timely delivery of Audit projects.  Prepare consolidated financial statements based on International Financial Reporting Standards.  Advisory personnel to client’s management in meeting regulatory obligations and providing support to meet external obligations.  Identify and implement the required improvements to client\'s accounting system.  Carry out audit planning, risk-based assessment, designing audit programs and work schedules for recording and storage of audit evidence.  Discuss and clarify with client regarding findings and audit concerns that have impact on audit opinion.  Report on audit findings and prepare final audit report

  • 2010 - 2013
    Kerala Management Consultants – India

    Senior Accountant

    Liaison with the clients in respect of audit, accounting, tax and other service matters.  Prepare project reports for banks and Govt. institutions.  Provide Tax consultancy services to Individuals and companies.  Provide training to sub-ordinates to ensure timely completion of work.  Develop internal control programs for various clients.  Hold discussions with client to acquire data required for various assignments.  Preparation & compilation of books of accounts of clients.  Evaluate the adequacy of compliance with policies/procedures/laws and regulations.  Complete E-filing of various tax returns.

  • 2007 - 2010
    Joe & Willy Associates, Chartered Accountants – India

    Articled Assistant

    Prepared audit programs including audit strategy, task plans, timetables, conduct of audits, reports, and liaised with clients to ensure a smooth and productive audit.  Took responsibility for handling routine clients in taxation and auditing.  Implemented systems for clients for the proper maintenance of vouchers and other financial records in prescribed form.  Regularized the system of keeping cash and proper maintenance of assets.  Formulated internal control programs for various clients.  Developed familiarization with working environment of different sectors.  Kept abreast with current developments that may affect audit and the latest audit techniques, methods, tools, and procedures.  Evaluated adequacy & effectiveness of control of different revenue & non-revenue generating departments in the organization.  Evaluated reliability, integrity & effectiveness of the finance & operations department.  Prepared and presented key management issues of the significant audit findings for quarterly update to the management.

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