Lijo Xavier

Experience

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  JOANNOU & PARASKEVAIDES QATAR WLL

  Aug 2000 - Feb 2016

  Financial Accountant

  Selected to direct all financial operations and assist financial controller in payables, receipts and for financial reporting of Qatar Branch• Heading finance functions involving determining financial objectives, designing and implementing systems, policies and procedures to facilitate internal financial control.• Created database management in coordination with IT dept which exhibits the ageing analysis of supplies payments and advances on basis of project, nature of expenses, due dates.• Spearheaded reductions in Bank Charges / commissions for LC’s, Gtees and Bank facilities fees:• Managing payment for local & overseas suppliers and sub contractors and effecting timely remittance by way of Cheque, TT through Banks/ LC payments, as the case may be. • Maintaining books of accounts in the system ensuring timely posting of entries using accounting software ERP & SAP. • Attending to works relating to Letter of Credit, Bank Gtee, etc. These include giving of proper instructions to banks for establishing and amendments of Letter of Credit and Bank Gtee as per the requirements of the Co. • Reconciliation of Bank A/c's with that of Co accounts on a monthly basis. • Preparation of MIS reports such as cash flow statement, bank facilities & utilization report, budgets analysis and forecast, Suppliers (schedule) ageing Analysis report. etc.• Treasury postings like loans, Deposits & Bank guarantees in Sap system. • Monitoring of different bank A/c's of the company and ensuring proper funding taking into account the anticipated inflow and outflow of funds. • Review contracts, orders, and payment vouchers and prepare report to substantiate individual transactions prior to settlement.• Placement of new Deposits & Applying of New Drawdown’s as per Co's requirements. • Prepare and post journal entries and reconciliation for monthly general ledger close.• Responsible for monthly closing of financial accounts.• Answering the queries of internal & External Auditors Show less

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  Closer Target Trading Co

  Jul 2016 - Dec 2016

  Senior Accountant

  Responsible for Accounts, Finance, Payroll & Inventory

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  Technical & Industrial Services Co (TISCO)

  Jan 2017 - now

  Sr. Accountant