Shabid Samal

Experience

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  RAK Airways

  May 2008 - Aug 2012

  Finance Supervisor

  • Overall Supervision of both Revenue and payable Accounts.• Manage the monthly closing of the books after completing pre-closing checks and handling exceptions with the concerned sections / departments to ensure that the financial numbers are complete and accurate. • Analyze and reporting of Airline Revenue, Route Profitability, Route Cost etc…

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  Rotana Jet

  Jul 2012 - Mar 2015

  Financial Controller

  • Responsible for entire finance department function , reporting to CEO• Supervise and manage the finance operations to ensure accuracy, transparency, timeliness and compliance covering all the functional areas of General Ledger, Accounts Payable, Cash, Accounts Receivable, Fixed Asset, and Payroll etc.• Prepare annual budget, Carryout a detailed monthly analysis of actual expenditures Vs Budget. Fully involve in commercial budget preparation and month to month performance analysis. • Ensuring a solid control environment that comply with the corporate governance structure, Contracts Manual/Standard operating procedure and Manual of Authority issued by the Company. Meet the requirements of both internal and external auditors. Show less

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  Flydubai

  Aug 2015 - now

  Senior Finance Officer - flydubai

  Work Profile• To act as the single point of contact for all finance related activities of the airline and associated companies for various countries airline operating.• To keep abreast of taxation related legislations released in various countries airline operating, and provide commentary and impact analysis on the organization.• Experienced in handling taxation and financial reports related to Middle East,CIS and Indian subcontinent countries.. Act as single point of contact to ensure compliance related to legal, taxation and regulatory reporting.• Prepare and file VAT/GST returns, supporting schedules and any documentation/responses as may be required by Tax Authorities.• Continuously review and monitor procedures and other relevant records to ensure compliance with VAT/GST and other taxation regulations with respective countries.• Liaison with financial consultants and file annual financial reports with respective authorities. Provide all support and guidance to the stations when there are audits, review, investigation by local tax authorities• Set up process & review existing process to ensure direct and indirect tax liabilities are identified / settled correctly and returns filed on time. Ensure that station claim all eligible tax reliefs, benefits, deductions, tax credits on a timely basis. • Forward tax notification from IATA TTBS to Pricing team while introducing new taxes / amending taxes and ensure taxes are collected at correct rate. Disseminating tax related information received from IATA or other governing bodies to outstation and H.O.• Repatriate surplus earnings from operating countries after necessary approvals inline with respective countries regulations. Show less