Shibu Chacko

The Wilderness collection Ltd (Craters Edge)

Two Luxury Camp. The first one Ngorongoro National Park opened on December 2024 and second at Serengeti National Park with 20 Crater view Villas (Pre opening stage) to explore the Tanzania’s Wild safaris.

KEY RESPONSIBILITIES

Managing the entire accounting process, including recording

financial transactions, preparing financial statements, and

ensuring accurate and timely closing of accounts. - Generating regular financial reports such as balance sheets,

Monitoring all bank facilities like Over draft and property loans

profit and loss statements, and cash flow statements to provide.

accurate and up-to-date financial information to management. - Collaborating with relevant stakeholders to develop annual

budgets and financial forecasts, monitoring actual performance

against budgeted figures, and providing analysis and

recommendations for variances.

Handling all Statutory payments like VAT, Bed levy, Service levy, Corporate Tax, withholding tax for services overseas and local, Staff Payee, NSSF, SDL, WCF,

• Managing the entire accounting process, including recording financial transactions, preparing financial statements, and ensuring accurate and timely closing of accounts
• Generating regular financial reports such as balance sheets, profit and loss statements, and cash flow statements to provide accurate and up-to-date financial information to management
• Collaborating with relevant stakeholders to develop annual budgets and financial forecasts, monitoring actual performance against budgeted figures, and providing analysis and recommendations for variances.

• Company Overview: Bahrain
• Oversaw the overall accounts and financial records to ensure accuracy and adherence to accounting principles
• Prepared monthly Management Information System (MIS) reports and submitted them by the 7th of each month, covering the previous month's financial performance
• Verified that the turnover recorded in the Income Declaration Scheme (IDS) and the Daily Revenue Summary (DRS) matched the amount banked
• Reconciled any variances on a daily basis by collaborating with the Income Auditor and outlet staff
• Immediately reported any shortages to superiors
• Processed monthly Value Added Tax (VAT) and levy returns in compliance with the relevant regulations
• Conducted payroll audits to ensure that payroll costs were correctly charged to the profit and loss statement (P&L) and that no variances occurred
• Verified and checked the completion of bank reconciliations before the 10th of the following month
• Ensured that all pending entries were posted and reviewed for any charges or other entries not recorded in the company's books
• Bahrain

• Company Overview: SREEVALSAM GROUP, Kerala
• Managing accounts payable, which involved processing invoices, ensuring timely payments to vendors, and maintaining accurate records
• Handling petty cash transactions and maintaining proper documentation
• Checking and verifying collections, and accurately posting them in the accounting software (Syscon)
• Processing payrolls, ensuring accurate calculation of employee salaries and benefits
• Filing monthly returns for taxes such as TDS (Tax Deducted at Source), GST (Goods and Services Tax), and PF (Provident Fund)
• Conducting regular checks and verification of outlet stock and main store stock
• Preparing food costing and beverage costing to analyze and control costs
• Generating Management Information System (MIS) reports and meeting with relevant departments to discuss and justify costs
• Taking necessary steps to control and optimize expenses
• Implementing measures to control costs, identifying areas of inefficiency or waste, and recommending strategies for cost reduction
• SREEVALSAM GROUP, Kerala

• Company Overview: Manages five properties, namely Dunes by Al Nahda, Al Nahda Resort & Spa, Jungle Restaurant, Al Nahda Catering & Dessange Paris, Muscat
• Monitored the Trial Balance by ensuring all General Ledger entries were posted on time
• Reconciled and verified the Trial Balance for the brand, prepared accruals and prepaid schedules to match the Trial Balance, and reconciled all accounts
• Verified and reconciled staff loan balances in the books with the HR system, resolving any differences
• Prepared monthly Management Information System (MIS) reports and submitted them by the 7th of each month, covering the previous month's financial performance
• Maintained the Fixed Asset Ledger, updated it regularly, and ensured accurate monthly depreciation
• Ensured the Asset Ledger matched the physical verification list
• Obtained written confirmation of any deposits paid to third parties on a yearly basis
• Verified and reconciled each supplier account before making payments
• Matched every payment made by the independent group with statements of account (SOA) from the supplier and physical receipts in the FMC (Financial Management System)
• Paid specific attention to stock returns/rejections sent to suppliers, claimed credit notes, and identified overcharging on invoices by comparing prices with the LPO (Local Purchase Order)
• Matched intercompany balances with other group company balances and settled them on a monthly basis
• Ensured there were no unreconciled account balances in the Trial Balance
• Closed the books on time and prepared the monthly Profit and Loss (P&L) statement before the 8th of every month
• Manages five properties, namely Dunes by Al Nahda, Al Nahda Resort & Spa, Jungle Restaurant, Al Nahda Catering & Dessange Paris, Muscat

• Company Overview: Gurgaon, India
• Preparing and posting entries in the account's books, ensuring accurate recording of financial transactions
• Calculating and working on tax and TDS (Tax Deducted at Source) calculations, ensuring compliance with relevant tax regulations
• Reconciling subsidiary accounts books such as bank accounts, TDS accounts, debtors' accounts, and creditors' accounts
• Identifying and resolving any discrepancies between the subsidiary accounts and the general ledger
• Checking front office tariff reports, comparing them with registration cards or reservation slips to verify room tariffs, number of guests, extra bed charges, and arrival and departure dates
• Conducting thorough checks of revenue postings in guest folios within the Hotel Management System (HMS), ensuring accuracy and completeness
• Preparing daily and monthly revenue reports, summarizing and analyzing revenue streams
• Balancing the total revenue amounts from cash, card, BTC (Bank Transfer/Cheque), and in-house revenue against the revenue reports
• Maintaining a Double Column Cash Book and managing cash as an accounts cashier in the hotel
• Generating and issuing invoices for corporate clients, and preparing soft copies for group bills as per the requirements of corporate clients who may not be familiar with the hotel's billing system
• Gurgaon, India

• Company Overview: Mumbai, India
• Prepare financial statements such as the balance sheet, income statement, and cash flow statement to provide a snapshot of the company's financial position and performance
• Responsible for accurately recording and classifying financial transactions in the company's books of accounts, using accounting software or manual methods
• Analyze financial data to assess the company's financial health, identify trends, and prepare financial reports for management, stakeholders, and regulatory authorities
• Collaborate with management to develop budgets and financial forecasts, monitor actual performance against budgeted targets, and provide analysis on variances
• Mumbai, India

• Company Overview: CHARTERED ACCOUNTANTS
• Responsible for planning the audit engagement, including understanding the client's business and industry, assessing risks, and developing an audit plan and strategy
• Perform detailed testing and examination of financial records, transactions, and internal controls
• This involves gathering audit evidence through procedures such as sampling, testing, and interviews
• Review and assess the accuracy, completeness, and fairness of financial statements in accordance with applicable accounting standards
• Verify the presentation of financial information, including the recognition, measurement, and disclosure of financial items
• CHARTERED ACCOUNTANTS