MAHAMOOD M MOIDU
Kasaragod
Summary
Dynamic finance professional with expertise in strategic financial planning and tax compliance, demonstrated at Seignuer Hospitality Private Limited. Achieved a successful $3.1 million fundraising for Entri Software Pvt Ltd, reflecting strong capabilities in transforming financial processes. Proficient in account reconciliation and committed to fostering positive employee relations, combining technical acumen with interpersonal effectiveness. Seeking to leverage these skills to drive financial excellence and organizational growth.
Overview
12
12
years of professional experience
Work History
Accounts Manager
Seignuer Hospitality Private Limited
Bangalore
02.2024 - Current
- Oversaw data entry for financial records of one restaurant (Burger Seigneur) with six branches, one hotel (Arafa Inn) with 40 rooms, and one restaurant (Vegan Vogue) with a single branch.
- Prepared branch-wise monthly Profit and Loss (P&L) statements, and consolidated P&L for the overall business, including branches and the Base Kitchen.
- Developed monthly cash flow statements and debt analysis reports, submitted to management, facilitating informed decisions on sales and marketing strategies.
- Managed imports of raw materials for the restaurant, overseeing the entire process from purchase orders to shipping, customs clearance, and delivery to the warehouse.
- Reconciled sales data of Burger Seigneur across various channels, including e-commerce, walk-in sales, UPI, cash, and card transactions.
- Managed the reconciliation of hotel sales at Arafa Inn with online aggregators and walk-in customers.
- Ensured accurate commission calculations and return calculations, aligning them with ledgers from online aggregators and internal records for both Burger Seigneur and Arafa Inn.
- Filed GST returns for Arafa Inn, and prepared GST workings for Burger Seigneur.
- Prepared and filed TDS returns for both Burger Seigneur and Arafa Inn.
- Verified payroll calculations and employee statutory payments, including ESI, PF, and PT.
- Managed vendor payables and vendor receivables effectively.
- Collaborated with the purchasing department to onboard new vendors, securing better purchase prices without compromising quality.
- Trained existing accounts team members and new recruits to enhance efficiency and reduce turnaround time on tasks.
- Oversaw bookkeeping techniques to ensure accuracy during the conversion of Burger Seigneur from a partnership to private limited status.
- Conducted internal audits, validating transactions with proper documentation.
- Rectified data errors from the previous financial year, and completed statutory audits for Arafa Inn and Burger Seigneur, ensuring compliance with regulations for both partnership and private limited company structures.
GST Consultant
Freelance GST Consultant
01.2023 - 01.2024
- Delivered expert guidance on GST compliance and optimization.
- Coordinate comprehensive tax planning for both income and corporate taxes.
- Handle accounting tasks, such as maintaining financial records and preparing financial statements
- Evaluated clients' financial situations for better decision-making.
Accounts Manager
A & A Constructions
Kochi
07.2021 - 10.2022
- Manage day-to-day accounts and finalize accounts for diverse departments, including Construction, Transportation and PWD Contracts, ensuring accuracy and compliance
- Reconcile balance sheets, establish best practices, and facilitate efficient year-end closing processes with auditors
- Monitor and manage the company's cash flow, including cash flow projections and optimizing working capital
- Compute and oversee various financial aspects, including TDS, GST returns, and cash flow monitoring, ensuring timely filings and adherence to tax regulations
- Enhance operational systems, processes, and policies, collaborating with auditors to identify and rectify errors and maintain precision
- Identify partnership opportunities, cultivate beneficial business connections, and prepare quotations for government tenders to expand business prospects
Accounts & Operations Manager
Benstreet Foods Pvt Ltd
Kasaragod
08.2018 - 06.2021
- Oversee financial transactions, accounts payable, and receivables
- Oversee the establishment of a franchise model QSR restaurant, including procurement of kitchen equipment, furniture, and initial inventory
- Manage vendor relationships, negotiate contracts, and evaluate vendor performance
- Handle payroll processing, including employee salaries, taxes, and benefits
- Regularly monitor food costs to maintain profit margins while implementing cost-saving measures
- Implement and optimize operational procedures to enhance efficiency
- Generate weekly cashflow reports to track and manage financial resources effectively
- Manage and lead operations staff, including hiring, training, and performance evaluations
Accounts & Operations Manager
Entri Software Pvt Ltd
Kochi
05.2016 - 07.2018
- Manage day-to-day accounting tasks and finalize financial accounts, ensuring accurate financial reporting and compliance
- Collaborate with founders in preparing valuation documents, pitch decks, and conducting demo pitches to secure seed funding, raising $3.1 million USD
- Prepare the company's budget, analyze monthly profit and loss (P&L) against the budget and provide accurate financial results to top management for annual reporting
- Design and implement systems, policies, and procedures to enhance internal financial controls, contributing to organizational objectives
- Periodically monitor cash flow, regulating fund inflows and outflows and coordinate with the Statutory Auditor of the company
- Oversee HR, IT, and Finance functions to improve efficiency and effectiveness, including hiring, onboarding, training, and ensuring operational excellence
Audit Manager Articled Assistant
NCMK & Associates
Bangalore
09.2015 - 04.2016
- Company Overview: Chartered Accountants
- Prepare financial statements and annual reports to present a true and fair view of the financial position of various establishments
- Oversee the reconciliation of inter-unit transactions, including bank, sales, and purchases
- Manage and lead audit teams, conducting internal, income tax and statutory audits for different commercial establishments
- Collaborate with statutory auditors and assist in the finalization and tax audit processes when serving as an internal auditor for commercial establishments
- Evaluate internal control systems and procedures, identifying shortcomings and recommending necessary improvements
- Assist in the preparation of income tax computations and filing tax returns for various entities, including individuals, partnerships, companies and trusts
- Support the preparation and online filing of monthly GST (Sales Tax) returns
- Maintain accurate financial records and assist in day-to-day accounting and finalization of accounts for a range of commercial establishments
- Chartered Accountants
Articled Assistant
NCMK & Associates
Bangalore
09.2012 - 09.2015
- Company Overview: Chartered Accountants
- Chartered Accountants
Education
Bachelor of Commerce -
Kannur University
Kerala, India01.2012
Skills
- Strategic Financial Planning
- Completion of Financial Statements
- Financial Audit
- Tax Compliance Expertise
- Forecasting & Budgeting
- GST Preparation
- Cash Flow Analysis and Control
- Account Reconciliation Expertise
- Payroll Management
- Employee Relations Management
Personal Information
Date of Birth: 06/02/91
Languages
Malayalam
First Language
English
Advanced (C1)
C1
Hindi
Upper Intermediate (B2)
B2
Tamil
Elementary (A2)
A2
References
References available upon request.
Timeline
Accounts Manager
Seignuer Hospitality Private Limited
02.2024 - Current
GST Consultant
Freelance GST Consultant
01.2023 - 01.2024
Accounts Manager
A & A Constructions
07.2021 - 10.2022
Accounts & Operations Manager
Benstreet Foods Pvt Ltd
08.2018 - 06.2021
Accounts & Operations Manager
Entri Software Pvt Ltd
05.2016 - 07.2018
Audit Manager Articled Assistant
NCMK & Associates
09.2015 - 04.2016
Articled Assistant
NCMK & Associates
09.2012 - 09.2015
Bachelor of Commerce -
Kannur University
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