Simple Jain
Morning Star, Audit Manager
Job Type
On the job
Location
United Arab Emirates, Dubai
Personal Advantage
Hello Sir / Madam
Greetings of the day!
This is Simple Jain. I am a qualified Accountant (CPA- US)
I have 8 years of overall experience and majorly in the field of Project Finance, Finance Management,
Analysis & Reporting, Accounts, Audit, IFRS, ESR Reporting, and Internal Control implementation.
I’m looking for a long-term career in UAE with an esteemed group where my career ambition, experience,
and willingness to contribute positive value can be utilized productively for the Organization.
I would be grateful if you consider my candidature for any vacancies available at your side.
Look forward to having more conversations with you.
Regards,
Simple Jain
M: +971 56 733 0415
Email : jainsimple30@gmail.com
Job Preference
No Preference yet
Experience
Audit Manager
2016-08 - 2019-02
Morning Star Audit Manager
Content
Prepare Management Reports to examine operating expenses of the company and suggest corrective
action, as and when required. Assist Chief Accountant in preparing a Books of Accounts, treatment of
IFRS & Preparation of Lease working as per IFRS 16
Conducted monthly closing process, accruals, and journal entries trained accountant on A/P systems and
policies and set up an approval matrix for Accounts Payable. Verified accuracy of A/P batch output to ensure
correct vendor coding which resulted in a 60 % reduction in Vendor classification. Manage the Working
Capital of the Company, daily observation of AR & AP
Improve the Accounts payable approval process by reducing late fees from 40 % to 10 %.
Accounting for multiple clients (including proprietorships, firms, and private companies).
Conducted Statutory and Interim audits of clients operating in various sectors like Manufacturing, Trading, IT,
and the Food industry.
Reconciliation of VAT output and Input tax credit and filling of VAT returns.
Preparation and filing of income tax returns of corporate and non-corporate entities.
Compliance with Transfer Pricing Provision, calculate the Arm’s Length Price to an international transaction
by using various procedures i.e., CUP Method, TNMM, RPM, Cost plus procedure, profit Split procedure.
Understanding of the DTAA (Double Tax Avoidance Agreement) Treaty between various countries to avoid
double taxation and to get an understanding of the withholding tax implications on remittance to different
countries covered under the various Articles of Treaty.
Verified the Internal control system of the company and reported to the company regarding the same and
ICFR Compliance. Conducted physical verification of the stock of the reputed company and prepared the
report. Attending senior management meetings for discussion on internal controls and other related issues
Chief Accountant
2019-03 - 2022-01
Ednovate Assistant Manager
Content
Assist in Reviewing the company's current budgetary and accounting policies and suggest changes if any.
Prepare Management Reports to examine the operating expenses of the company and suggest corrective
action, as and when required
End-to-end accounting of accounts payable including monthly reconciliation and claiming credit notes. End-
to-end accounting of accounts receivable issue of Performa and tax invoices, accounting of sales and receipts,
and monthly reconciliations.
Compliance with the provision of WHT (withholding tax), preparing working for payment of tax liabilities,
filing tax returns, and submitting the amount of tax withheld to the tax authorities within the due date.
Identify the Working Capital Requirement and accordingly arrange the fund monthly.
Monthly MIS and presentation to management for returns generated, deviations with actual and budgeted
returns, and future forecast about the fund availability and new Investment Plan.
Conducting Feasibility studies of New Projects and investments for a diversified portfolio for the Group.
Budget Controller
2022-03 -
Freelancer Assistant Manager
Content
Preparation of monthly MIS (store-wise, company-wise, region-wise, and consolidating MIS at group level,
compared with the Budget versus Actual and identifying deviations monthly basis. Give representation to line
manager for decision-making. Also, check whether all entries are incorporated monthly basis.
Gross Margin and SGA analysis by various indicators (Sales Price variances, mix variances including trade
analysis, and suggesting actions for reducing expenses.
Ensuring all compliance of UAE, VAT, Economic Substance Reporting, Knowledge of taxations in GCC
countries, and JAFZA.
Responsible for carrying out accounting functions like the accurate recording of journal entries, preparing
monthly accounts, maintaining a general Ledger schedule, review of payroll workings, coordinating with a
group of companies and preparing monthly statutory compliance reports, and communicating with businesses
in the Middle East managing all aspects of the accounts payable cycle, cashflow management, and providing
support for various general accounting operations.
Taking care of treasury functions and coordinating with the bank for long-term and short funding for the
company. Also converting short-term loans into revolving loans for the smooth operation of the day-to-day
payments. And monitor bank balance against the facility available.
Assisting Finance Manager to manage entire bank facilities across all territories, this including OD, Import
Loan, short term / long term, etc. Manage day-to-day cash needs for the company and provide inputs to
management for cash shortage/cash surplus.
Coordinating Insurance companies and negotiating with them for all retail store’s insurance. Handling Money
insurance, Business interruption, all property risk & public liability insurance for the middle east.
Education
Finance · Bachelor
2013-06-01 - 2016-07-31
Mumbai University
Finance And Auditing · Master
2017-01-01 - 2018-12-31
Institute of Chartered Accountant of India
Finance · Professional
2022-03-01 - 2023-02-27
American Institute of Certified Public Accountant
