Galib Dalwai
Salmiya,
Summary
Experienced Accountant with expertise in monitoring business operations and ensuring regulatory compliance for large corporations. Demonstrated success in account management and reconciliation resulting in the achievement of desired outcomes.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Technical Accountant
Kuwait Reinsurance
Salmiya
08.2022 - Current
- Prepared Quarterly Treaty Technical Accounts for multiple reinsurers, including calculating reserves held/released and interest on reserve releases, with detailed subdivision of premiums and inward commissions by policy period and reinsurer locality.
- Reconciled and processed payments for FAC and Treaty Reinsurance accounts regularly, ensuring accuracy and adherence to transaction timelines.
- Conducted proactive follow-ups with brokers and business development managers to secure premiums for policies with a Premium Payment Warranty (PPW) clause, improving cash flow and reducing payment delays.
- Reconciled monthly ledgers and Statements of Account (SOA) of reinsurers with the company's SOA, ensuring account accuracy and up-to-date records.
- Resolved customer and broker complaints by coordinating with internal teams, such as claims and underwriting, enhancing client satisfaction and operational efficiency.
- Verified claim settlement documents and processed payments accurately and promptly, ensuring effective claims handling and resolution.
Accountant
Jamila Petroleum Services
Chiplun
12.2017 - 07.2022
- Managed daily financial transactions, including verifying, classifying, computing, posting, and recording accounting data to maintain accurate financial records.
- Prepared, verified, and processed sales invoices, ensuring accuracy and timely billing.
- Reconciled accounts receivable ledgers, confirming that all payments were accounted for and accurately posted.
- Ensured timely payment of invoices in accordance with payment terms, maintaining positive vendor relationships, and avoiding late fees.
- Administered and processed petty cash transactions in compliance with company policies, including preparing petty cash reimbursements.
Accountant
Limaye Kale and Company
Chiplun
07.2014 - 06.2017
- Prepared working capital statements for clients, ensuring effective management of financial resources.
- Developed detailed project reports for securing loans from commercial banks, facilitating successful financing.
- Managed the preparation and finalization of accounts for proprietorships, partnership firms, companies, cooperative societies, and trusts, ensuring accuracy and compliance.
- Oversaw fixed assets accounting, maintaining, and updating fixed assets schedules to track and manage asset values.
- Reconciled inventories and fixed assets through comprehensive book and physical verification, ensuring consistency and accuracy.
- Conducted bank, debtor, and creditor reconciliations, identifying and resolving discrepancies to maintain financial integrity.
- Performed administrative functions for clients, streamlining operations and supporting day-to-day financial activities.
- Executed concurrent, statutory, revenue, and stock audits for nationalized and cooperative banks, ensuring compliance with financial regulations.
Education
MBA - Finance
Sikkim Manipal University
01-2016
B.Com - Accounting And Finance
Symbiosis College of Arts & Commerce
01-2013
Higher Secondary -
D.B.J College
01-2010
Secondary Education -
Christ Jyoti Convent High School
01-2008
Skills
- Tax Preparation
- Statutory Reporting
- Regulatory Compliance
- Year-end close
- Financial Reporting
- Tax Return Filing
Certification
- Chartered Accountancy CPT: Completed from the Institute of Chartered Accountants of India (ICAI).
- Chartered Accountancy IPCC Group 1: Successfully cleared from the Institute of Chartered Accountants of India (ICAI).
- Completed 100 hours of Information Technology Training (ITT) as required by ICAI, enhancing technical skills.
- Proficient in Taxation Software: Spectrum.
- Advanced skills in MS Office: Excel, Word, PowerPoint.
- Experienced with Accounting Packages: Tally 7.2, 9 & ERP.
Languages
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Marathi
Proficient (C2)
C2
Timeline
Technical Accountant
Kuwait Reinsurance
08.2022 - Current
Accountant
Jamila Petroleum Services
12.2017 - 07.2022
Accountant
Limaye Kale and Company
07.2014 - 06.2017
- Chartered Accountancy CPT: Completed from the Institute of Chartered Accountants of India (ICAI).
- Chartered Accountancy IPCC Group 1: Successfully cleared from the Institute of Chartered Accountants of India (ICAI).
- Completed 100 hours of Information Technology Training (ITT) as required by ICAI, enhancing technical skills.
- Proficient in Taxation Software: Spectrum.
- Advanced skills in MS Office: Excel, Word, PowerPoint.
- Experienced with Accounting Packages: Tally 7.2, 9 & ERP.
MBA - Finance
Sikkim Manipal University
B.Com - Accounting And Finance
Symbiosis College of Arts & Commerce
Higher Secondary -
D.B.J College
Secondary Education -
Christ Jyoti Convent High School
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