--- CV ---
Sandesh Suvarna
Ssssssss
Administration & Finance / Senior Accountant
Phone: +966 539280837
Email : [email protected]
Summary:
17+ of extensive experience in Accounting and Finance across diverse industries, with strong expertise in
managing day-to-day accounting operations, month-end and year-end closing, General Ledger, Accounts
Receivable, Accounts Payable, bank and account reconciliations, fixed asset management, taxation, cash flow
and fund flow reporting, and preparation of financial statements. Experienced in preparing and analyzing
Profit & Loss Accounts, Balance Sheets, Cash Flow Statements, MIS reports, budgets, and financial reports
to support management decision-making. Strong knowledge of statutory tax compliance, financial controls,
expense monitoring, payroll, invoicing, receivables and payables management, and audit coordination.
Possess strong analytical, problem-solving, organizational, and decision-making skills, with the ability to
identify financial issues, analyze business requirements, and provide practical solutions. Excellent
communication and interpersonal skills with proven ability to work effectively with management, auditors,
customers, suppliers, banks, employees, and internal departments. Committed to maintaining accurate
financial records, ensuring timely reporting and compliance, and supporting the organization in achieving its
financial and operational objectives.
Work Experience:
Senior Accountant: February 2024 - Current
Toekoms Contracting Company Jubail - Kingdom of Saudi Arabia
• Manage end-to-end accounting operations for the equipment rental business, including
General Ledger, Accounts Receivable, Accounts Payable, cash and bank transactions.
• Manage the complete invoicing process, including preparation, verification, approval, and
submission of customer invoices based on contracts, equipment deployment, agreed rental
rates, working hours, overtime, and supporting documents.
• Prepare VAT-compliant tax invoices in accordance with Saudi ZATCA requirements and
company policies.
• Prepare and review credit notes, debit notes, and invoice adjustments after obtaining the
required approvals.
• Monitor accounts receivable, outstanding and overdue invoices, and coordinate with
customers and the Accounts Receivable team to ensure timely collections.
• Monitor and analyze equipment-related operating expenses, including repairs,
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maintenance, spare parts, fuel, insurance, registration, transportation, and other operating
costs.
• Analyze rental revenue, direct costs, overheads, gross profit, and equipment-wise
profitability, and report significant variances and financial findings to management.
• Perform bank reconciliations, petty cash management, cash flow monitoring, and payment
processing, ensuring proper documentation and internal controls.
• Prepare and review monthly financial statements, including Profit & Loss Account, Balance
Sheet, and Cash Flow Statement.
• Analyze significant variances in revenue, expenses, assets, liabilities, and profitability, and
provide timely financial information and recommendations to management.
• Perform month-end and year-end closing activities, including account reconciliations,
adjustment entries, accruals, provisions, and supporting schedules.
• Provide management with timely and accurate reports on customer outstanding balances,
supplier payables, cash position, payments, collections, and other financial matters to
support decision-making.
• Assist with ZATCA requirements, VAT-related matters, external audits, internal audits,
financial reporting, and statutory compliance.
• Maintain accurate accounting records and ensure compliance with company policies,
accounting standards, and applicable Saudi Arabian financial and tax requirements.
Administration & Finance: April 2019 – August 2023
PTS Industrial & Pipeline Technologies (India) Private Limited. Karnataka - India.
(Subsidiary of PTS (SA) LTD UK)
• Oversaw the preparation and maintenance of financial records, including the General
Ledger, budgets, expenses, and supporting accounting schedules.
• Assisted in managing Accounts Receivable and Accounts Payable, including invoice
processing, payment follow-ups, and account reconciliation.
• Identified and resolved invoicing discrepancies and financial-related issues in coordination
with clients and internal departments.
• Managed client accounts and coordinated payment settlements, outstanding balances, and
collection follow-ups.
• Monitored and controlled administrative and operational expenses against approved
budgets.
• Prepared and submitted monthly TDS e-payments and maintained documentation for
quarterly TDS returns and compliance.
• Prepared, uploaded, and submitted GST returns (GSTR) through the GST portal, ensuring
timely statutory compliance.
• Recorded and re