Shameer Babu KP

• Art Land Industrial Marketing Co. (www.aim-ksa.com) is dealer & trader of Industrial related SS / CS / MS Pipe & fittings, Valves, Flanges etc. Art Land is vendor of Saudi Arabia leading companies like Satorp, Luberef, Yasref, Sabic, Sadara, Tronox etc.
• Art Land operates as stockholder and imports major products directly from overseas suppliers and manufacturers.

WORK EXPERIENCE:

• As Finance in Charge led team, oversaw financial accounting, Audit (internal & external), Budget forecasting, Management Reports, AP Management, Inventory Control, Cost Control, ensured compliance, and developed strategic plans.

• Financial Statements – Financial Statements, Management Reports, Balance Sheet, Income Statement, Cash Flow, Revenue, Expenses, etc.

• AP Management - is responsible for overseeing the accounts payable function within an organization. Supervise a team of 4 professionals across 3 divisions processing over 200-300 invoices per month. Their role ensures that all company liabilities to vendors and suppliers are accurately recorded, managed, and paid on time
• Supervise AP staff, evaluate performance, Allocate tasks and manage workloads, Manage payment runs worth over 1.5M monthly
• Ensure accurate and timely processing of vendor invoices, Review high-value or complex invoices, Oversee 3-way matching
• Approve and schedule payments, Monitor cash flow for payment planning, Prevent duplicate or late payments
• Ensure compliance with internal policies, Enforce proper approval and standards, Reduce risk of errors through internal controls
• Prepare AP reports (aging reports, accruals), Analyze spending trends, Collaborate with procurement teams

• As a Sr. Accountant oversaw financial accounting, Management Reports, Cash & Bank, Reconciliation, Accounts Receivable, Accounts payable, Current Assets, Liabilities, Expense, and developed strategic plans.
• Improved financial accuracy by implementing rigorous auditing processes.
• Management Reporting – Highlight to management potential issues affects expenses, balances, or cash flow etc.
• Cash & Bank - Cash on Hand, Local / Overseas Payments, Receipts, Short Term / Long Term Facilities, LC, Petty Cash, etc.
• Reconciliation - Discrepancies of customer / Supplier accounts, subcontractor accounts, inter-company accounts, Bank etc.
• Accounts Receivable– Aging Report, Due & Overdue Outstanding Statements, Collection follow-up, Allocation of payments etc.
• Accounts payable- Verify payables, review invoices and payment requests, ensure payments are up to date.
• Fixed Assets function - Asset acquisition, Depreciation, Amortization etc.
• Current Assets – Cash & Equivalents, Accounts Receivables, Stock Inventory, Prepayments, Advances, Due from Related parties, etc.
• Liabilities– Loans, Short/Long Term Facilities, Accounts Payables, Accrued Expenses, Provisions, Advance Receipts, Due to related parties, etc.
• Revenue – Goods or Service Sales, Asset / Scrap Sales, Other income, etc.
• Expense – Cost of Goods Sold, Purchase, Direct & Operating expense, General & Admin expenses, etc.

Euro Gulf Construction Co. Ltd is manufacturer of Admixture and Sealant products. I joined Euro Gulf Company specifically during "construction in process" phase.

• I have key role in managing financial side of construction projects at Euro Gulf, focusing on various aspects such as AP process, construction in process (CIP) accounts, pre-operating expenses, asset acquisition, and fixed asset construction
• Invoice Management: Tracking, verifying, and processing invoices from vendors, subcontractors, and other suppliers.
• Payment Management: Ensuring timely and accurate payments to suppliers and subcontractors.
• Vendor Relationship Management: Building and maintaining strong relationships with vendors.
• Data Management: Organizing and maintaining records of invoices, payments, and other AP-related documents.

Moreover I do,

• Inventory Control – Finished Goods, Row materials, Purchased Goods, recommended alternatives to avoid surplus and cost savings by improving Purchasing Department strategy.
• Cost Control - Review, analyze updated standard cost, product margins and cost variances; suggested and deployed actions to improve revenue and profits.