George Varghese
Plymouth,Devon
Summary
Well-qualified Finance executive with 17 Years of vast and rich experience in the field of Finance, Accounts, Audit and Internal control offering demonstrated skill and success in managing internal accounting processes, improving controls and strengthening systems for optimal performance. Proficient in all aspects of accounting, including accounts payable and receivable, budget administration and payroll. Gifted in building and leading solid teams to handle high-volume operations with consistency, accuracy and full compliance with regulatory requirements.
Overview
17
17
years of professional experience
2007
2007
years of post-secondary education
1
1
Certification
Work History
Finance Assistant
Livewell Southwest CIC
Plymouth, Devon
07.2023 - Current
- Enhanced control account reconciliation process, increasing accuracy from 65% to over 88%
- Performed general administrative tasks, enhancing overall departmental productivity.
- Handled ad-hoc finance related tasks efficiently whilst maintaining high accuracy levels.
- Coordinated with other teams to resolve any discrepancies in invoicing or payments.
- Analysed financial information to identify discrepancies.
- Entered transactions into internal databases.
Finance Officer
NHS Professionals
Plymouth, Devon
03.2023 - 07.2023
- Completed periodic account reconciliations, optimising accuracy and precision.
- Achieved timely completion of control account reconciliation for external audit, contributing to improved accuracy rate and facilitating smooth audit process.
Senior Finance Executive
Kaya Middle East
03.2017 - 07.2022
- Successfully handled External audit in carrying- out and ensured timely completion of Audit for 5 entities. (Quarterly & Yearly Audit).
- Support annual budgeting exercise prepared on basis of strategic business plan prepared for horizon of three to five years and ensure that businesses have rational assumption basis for budget.
- Analysed financial statements against forecasts to prepare high-level variance analysis.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Determine clinic wise profitability on monthly basis; highlight laggards and find causes for same; ensure improvement.
- Reconciling all Balance Sheet Items. (Cash and Bank, Sundry Receivables, Employee Payables and Other Current Liabilities).
- Successfully completed project of creation of new entity in SAP and Migration of data to new entity for Finance modules.
- Managed daily finance services for smooth business operations.
- Closure of Prepayments and Accruals.
- Overview of sales reconciliations of 3 regions (UAE, KSA & OMAN).
- Assured fiscal integrity with rigorous internal control systems.
- Maintained KPI reporting tools for accurate, up-to-date financial data for decision-making.
- Conducted variance analysis to identify discrepancies and implement corrective actions.
- Handled and Ensured Timely account closure of five entities.
- Researched discrepancies and updated accounts with accurate information.
- Resolved reconciliation discrepancies in timely manner.
- Administered payroll processes for accurate, timely salary disbursements.
- Established robust financial controls with implementation of detailed audits and assessments.
- Prepared information, forms and data to assist in seamless and efficient financial audit procedures.
- Processed journals and compiled supporting documentation to review to maintain quality control standards.
Senior Accountant
Uchkuduk Restaurant LLC
09.2014 - 03.2017
- Managing accounts payable and accounts receivable.
- Generating budgets and forecasts on quarterly basis and presented to management team.
- Preparing annual company accounts and reports.
- Administering online banking functions.
- Monitoring and recording company expenses.
- Payables & receivables reconciliations.
- Fixed Assets Register Maintenance & Taking care of Assets capitalization & Depreciation run in system.
- Reconciling all Balance Sheet Items. (Cash and Bank, Sundry Receivables, Employee Payables and Other Current Liabilities).
- Managed successfully daily activities for handling accounts up to finalization.
- Achieved streamlined workflow with thorough process improvement initiatives.
- Implemented new accounting software to increase efficiency and accuracy.
- Improved financial accuracy by implementing rigorous auditing processes.
- Conducted comprehensive budget reviews for cost reduction opportunities.
Finance Executive
Kaya Middle East
09.2012 - 09.2014
- Reconciliations of Banks
- Performing accounts payables functions.
- Material management in SAP (From PO creation to Invoice verification).
- Sales reconciliations of 3 regions (UAE, KSA & OMAN).
- Analyze Backend expenditure trends and ensure expenditure control.
- Fixed Assets Register Maintenance & Taking care of Assets capitalization & Depreciation run in system.
- Reconciling all Balance Sheet Items. (Cash and Bank, Sundry Receivables, Employee Payables and Other Current Liabilities).
- Support External audit in carrying-out and ensuring timely completion of Audit(Quarterly & Yearly Audit).
- Managing successfully daily activities for handling accounts up to finalization.
Accounts Officer
Al Seer Management Consultant
05.2011 - 08.2012
- Management of Day to day cash activities of organization.
- Processing of monthly remuneration for staffs
- Taking care of banking activities of organization.
- Bank reconciliation.
- Processing of vendors payment as per their credit policies.
- Monthly auditing for clients as per their requirements.
- Assisted in annual audits to ensure accurate financial reporting.
- Prepared profit and loss statements for internal use.
Accounts Officer
Finapay Solutions
08.2009 - 04.2011
- Ensuring that all statutory and legal requirements are met. (TDS, VAT Credit etc)
- Reconciling all Balance Sheet Items. (Cash and Bank, Sundry Receivables, Employee Payables and Other Current Liabilities)
- Fixed Asset Register Maintenance.
- Review of Contracts with Vendors and PO Analysis. (Frequency – Yearly)
- Analysis of Material Movement and Determining Dead and Slow Stock
- Physical Inventory Count and Variance Analysis.
- Successfully completed all the internal Audits from time to time within the timeframe.
Accounts Assistant
Francis Abraham & Co, Chartered Accountants
07.2007 - 04.2009
- Preparing Bank Reconciliation Statements, Cash Flow Statements and other management reports.
- Assisted the accounting personnel of the clients in application of Accounting Standards in Book Keeping and for other statutory compliances.
- Designing an internal control system, their implementation and periodic review of the same.
- Assisted clients in Financial Planning and Reporting.
- Statutory and Internal Audit of Proprietary Concerns, Partnership Firms and Companies.
- Statutory Audit of Banking Companies.
- Preparation of Trial Balance, Profit and Loss Account and Balance Sheets.
- Preparation of Audit Reports and Compliance of other Statutory Requirements.
- Preparation of Form 16 with Annexure, Form 16A etc.
- TDS Computation for Clients (Salaries and Non Salaries)
- Preparation of Monthly Sales Tax Returns.
Education
Bachelor of Commerce - Accounting
Mahatma Gandhi University
Kerala06.2007
Skills
- Team management
- Financial Discipline
- MIS & Reporting
- Effective Communication
- Strong Decision maker
- Innovative
- Multi-Tasking
- Establishment of Internal Control
- Financial and Business Due diligence
- Time Management
- Strong believer in Excellence
- Attention to details
- Quick learner
- Knowledge of accounting software
- Account management
- Financial reporting
Certification
AAT Level 4 Diploma in Professional Accounting, Pursuing, 20409520
Custom
George Varghese, 33 Linton Road, Tamerton Foliot, Plymouth, United Kingdom, PL5 4PG, +44 7436594245, georgepayyampallil7978@gmail.com, http://linkedin.com/in/george-varghese-933259135
Timeline
Finance Assistant
Livewell Southwest CIC
07.2023 - Current
Finance Officer
NHS Professionals
03.2023 - 07.2023
Senior Finance Executive
Kaya Middle East
03.2017 - 07.2022
Senior Accountant
Uchkuduk Restaurant LLC
09.2014 - 03.2017
Finance Executive
Kaya Middle East
09.2012 - 09.2014
Accounts Officer
Al Seer Management Consultant
05.2011 - 08.2012
Accounts Officer
Finapay Solutions
08.2009 - 04.2011
Accounts Assistant
Francis Abraham & Co, Chartered Accountants
07.2007 - 04.2009
AAT Level 4 Diploma in Professional Accounting, Pursuing, 20409520
Bachelor of Commerce - Accounting
Mahatma Gandhi University
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