NISAMUDHEEN

1.5 Year Senior Accountant at IFZA’s Corporate Consulting Section with 1.5 years of experience in VAT, corporate tax, and financial reporting. Roles and Responsibilities  Oversee full-cycle accounting operations for a diverse portfolio of IFZA clients, ensuring accurate classification and recording of all financial transactions in compliance with accounting standards  Prepare and review comprehensive financial statements, including Balance Sheet, Profit & Loss Statement, Cash Flow Statement, and Statement of Other Comprehensive Income, in accordance with IFRS and UAE regulatory frameworks  VAT registration of clients, handling documentation and taking them through UAE Federal Tax Authority procedures to facilitate compliance.  Manage VAT return filing, input and output VAT calculations, VAT ledger reconciliations, and return filing within prescribed time frames to ensure non-compliance penalties are avoided.  Deal with corporate tax registration for clients, preparing and filing documentation as required under UAE Corporate Tax Law.  Assist in corporate tax return preparation and filing, including taxable income analysis, application of qualifying deductions, calculation of small business relief and adherence to regulatory deadlines on time.  Track changes and updates in UAE tax legislation, proactively taking compliance measures and informing clients of pertinent implications.

Worked as an Accountant in Banking and Cash management for the last 5 years. Dealt with all bank related transactions, payment processing, reconciliations, loan management and cash forecast. Roles and Responsibilities  Managed daily cash positions by monitoring bank balances and ensuring liquidity for operational needs.  Coordinated inter-account cash transfers, optimizing surplus funds through short-term investments and efficient utilization.  Developed and maintained accurate cash flow forecasts using historical trends, current data, and business projections.  Oversaw banking relationships, managed corporate bank accounts, and facilitated electronic and wire transfers.  Supervised treasury operations, including payment processing, bank statement reconciliation, and transaction monitoring.  Prepared cash flow performance reports and forecasts for senior management and key stakeholders.  Supported internal and external audits and contributed to the design and implementation of internal controls.  Delivered financial analysis and insights to aid strategic decision-making on cash management and investment initiatives.  Utilized cash management systems, financial software, and digital banking platforms to streamline operations. Key Achievements  SEWA Heroes award in recognition of outstanding performance and contributions  Bravo award for developing an automated excel template for data analysis and interpretation.  Bravo award for supervising the aged documents disposal.

Served as an Audit Associate in KPMG, Kochi. Worked under the Banking Industry handling clients including major banks on a worldwide basis like Barclays, GE Capital Corp, Discount Bancorp etc. Roles and Responsibilities  Assisted senior auditors and managers in conducting financial audits for various clients by gathering and analyzing financial data, reviewing documentation, and assessing internal controls.  Performed testing procedures to verify the accuracy and completeness of financial records and transactions, including sampling data, reconciling accounts, and examining supporting documents.  Created detailed work papers and documentation to support audit findings, procedures performed, and conclusions reached during the audit process.  Interacted with clients to gather information, request documentation, and address specific inquiries related to the audit process, ensuring professional and effective communication.  Ensured that all audit procedures and documentation adhered to relevant regulatory requirements, accounting standards, and the firm's internal policies, maintaining high-quality audit work.  Utilized various software tools to analyze financial data, identify patterns, anomalies, and potential areas of concern, contributing to data-driven audit insights.  Worked collaboratively with colleagues and supervisors as part of a team to ensure the successful completion of audit engagements and foster a supportive work environment.  Effectively managed time to meet deadlines for different audit assignments, demonstrating strong organizational skills.  Stayed up to date with changes in accounting standards, industry trends, and best practices to enhance audit knowledge and skills continuously. Key Achievements  Associate1 of the quarter, winner of 3Q17.  Encore Kudos2Q17.  Spot awards in 1Q17 from manager.  Client Excellence awards from US team for FY17