DINIL RAPHEL

Experience

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  M/s. Babu A. Kallivayalil & co., Chartered Accountants

  Aug 2007 - Aug 2010

  Senior Articled Assistant

   Statutory audit of Fertilisers And Chemicals Travancore Limited (FACT), a Governmentt of India owned Company, where all the modules of the accounting system SAP is used in all the major departments.  Statutory audits of Nationalised Banks, Kerala State Financial Enterprises Limited (KSFE), A Goverment of Kerala undertaking, First Commodity Exchange of India Limited at Cochin etc Due diligence audit of Trinity Comnet Private Limited and Trinity Infotech Private Limited, at Palghat. Internal audits of Bharat Sanchar Nigam limited (BSNL) a Govt of India owned Company, Alappuzha SSA and Pathanamthitta SSA. Section 44AB tax audit of many companies, partnership firms and individuals. Preparation of financial statements, budgets, projects and work plans.  Income tax, service tax and sales tax return filings and correspondence. Show less

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  Ark Electronic Motion Controls Private Limited

  Oct 2010 - Nov 2011

  Assistant Finance Manager

   Managing the Finance and Accounts department of the Company Liaison with Financial institutions, Auditors, Tax authorities etc. Safeguarding of assets of the company Preparation periodical MIS reports to the Board of Directors. Preparing monthly management reports including projection, cash flow, estimates etc. as per the requirements of directors. Periodic review of performance of the business and preparation of estimates and budgets. Ensuring the effectiveness of internal control system of the Company by assessment of risks associated and implementing new improved systems. Ensuring of statutory compliance of filing of returns, payment of taxes, maintaining of books of accounts etc Responsible for the proper maintenance of confidential files and information relating to the Company. Show less

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  PKF International

  Jan 2012 - Sept 2016

  Sr.Auditor

   Leads and supervises a team of 4 auditors to do the audit of the client organisations as per International Standards on Auditing (ISA). Finalization of the books of accounts of Companies, preparation and analysis of financial statements in compliance with IFRS and IAS. Consolidation of financial statements of subsidiaries, associates, joint operations and joint ventures. Draft and implement accounting policies and procedures, chart of accounts and internal controls in accordance with generally accepted accounting practices Analysis of internal control systems and to suggest improvements to those charged with Governance. Preparation of projected financial statements, budgeting and variance analysis. Preparation of Audit reports and Management Representation Letters  Valuation of business and goodwill impairment testingMajor audit assignments handled: Internal audits of Companies in money exchange business such as UAE Exchange Co. W.L.L, City International Exchange Co. W.L.L, Kuwait National Exchange Co. W.L.L, Lulu International Co. W.L.L. Statutory audits of Group Companies listed in Kuwait stock exchange having turnover of more than KD 50 millions such as a.) Burhan Holding Co. K.S.C.C. Kuwait, which is in the field of construction works for the Ministry of Kuwait, and many private projects. The group consisted of 5 subsidiary Companies, many joint ventures and branches around the Globe.b.) Jihaz Holding Co. K.S.C.C. Kuwait in the field of trading high value branded electronic items which has 4 actively operational subsidiary Companies under its control. Statutory audits of Companies in shipping and logistic sector like FSL Worldwide W.L.L, Vayu Logistics W.L.L., Freight System Logistics Co. W.L.L., Unique Logistics Co.W.L.L Auditing of Companies in the field of insurance business like Bader Al-Mulla and Brothers Co. W.L.L which is the chief agent of the Oriental Insurance Company Ltd (A Gov.t of India Undertaking) in Kuwait. Show less

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  Petra Food Manufacturing Co.

  Oct 2016 - Jul 2018

  Senior Financial Accountant

  • Establish and develop internal control accounting systems;• Prepare periodical (monthly & yearly) division-wise financial statements (profit & loss account & Balance sheet) for the management;• Scrutinize and approve the vouchers and other supporting documents;• Prepare MIS reports like weekly cash flows, monthly budgets, ageing of suppliers & customers, Fixed asset schedule and so forth• Prepare weekly bank reconciliation statements;• Preparation of cost reports on daily batch productions, new recipes, material wastages etc;• Scrutiny and approval of all payments;• Preparation of monthly division wise budgets;• Scrutiny review of reports like Payroll, sales reports etc from other departments. Show less

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  Alia International Hospital

  Aug 2018 - now

  Chief Accountant

  Major responsibilities include Committee member for drafting and revision of all non-clinical policies. Preparation of monthly income statement and Balance sheet, half yearly & annual financial statements for audit. Checking and approval of all HR documents; Payroll, leave salary, indemnity, Employee loan, etc Reconciliation of actual Insurance claims submission with ledger and review of insurance claims for submission; Supervision of inventory movements; Goods Receipts Notes (GRN), Goods Issue, Goods Transfer, goods returns etc. Co-ordination with Banks, Auditors, System support team, and other departments; Implemented Cost center-based accounting  Managing and follow-up of credit customers; Kuwait Oil Company (KOC), Ministry of Defence (MOD), Ministry of Interior (MOI), Boubyan Bank and other private health care services Companies; Feasibility study for departments & services as per the management requirements; Fixed Asset Register maintenance by capitalizing relevant assets and processing monthly depreciation. Review of Bank reconciliations, daily cash flow, revenue reconciliations etc. Review and approval of petty cash vouchers. Preparation of fund status on daily basis; Review and posting of all subsystem entries on daily basis; Review and approval of overtime calculation; Preparation of monthly incentives to doctors and nursing staff; Coordination with the system support team for better MIS reports and improvements in the system. Provisioning of all expenses. Show less