JAYATI DAS
Lone Tree,USA
Summary
Experienced Finance Professional, seeking a challenging and gratifying job opportunity by utilizing skills, knowledge and experience, justifying the management position within a growing organization. Over 9+ years of experience across General Ledger, Credit, Income Audit, Accounts Payable, General Cashier for various multi-National 5-star Hotel brands such as the iconic EMAAR, MARRIOTT, HILTON, OBEROI, MILLENIUM. Team player with ability to collaborate across regions and functions and develop new and ongoing business relationships across all levels.
Overview
8
8
years of professional experience
1
1
Certification
Work History
CLUSTER SENIOR SUPERVISOR - AP & GL
HILTON DUBAI
12.2021 - 01.2023
- Trained new hires and provided positive reinforcement and helpful feedback that boosted morale and efficiency within department.
- Mandated policy, procedure and performance adherence for continued and increased operational efficiency and profitability.
- Identified underperforming areas and implemented effective process improvements.
- Maintained compliance with company policies, objectives, and communication goals.
- Performing month end duties including posting of month end JVs, Cash Flow, Bank Reconciliation and preparation of balance sheet reconciliations. Entering financial data such as accruals, deferrals, reclassifications, and interdepartmental/intercompany entries into ledger, as well as preparing reports.
- Prepare tax computations and provisions and ensure payment is done on a timely basis. 3rd Party outlets, Rent & Lease reconciliation & billing.
- Reviews general ledger transactions and trial balance abnormalities. Record fixed assets and maintain register for provision of depreciation and reconciles with general ledger. Maintain CAPEX register and approvals.
- Ensuring that financial information complies with professional and regulatory standards. Taking care of annual statutory audit with external auditors.
- Aligning general ledger accounting practices to support budgeting and forecasting.
SENIOR FINANCE EXECUTIVE
ADDRESS BEACH RESORT JBR DUBAI
11.2020 - 12.2021
- Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance. Handling accounts payable for separate entities and vendors. Analyzing workflow processes.
- Ensuring Utilities, Taxes, Expense claim, bills, and payroll are paid in timely and accurate manner while adhering to departmental procedures.
- Comparing purchase orders, prices, terms of payment and other charges.
- Processing transactions and performing accounting duties such as account maintenance, recording entries and reconciling books of accounts Prepare bank reconciliations, aging reports and Statements of Accounts. Preparing analysis of accounts and producing monthly reports.
- Support internal and external audit requirements
- Perform vendor and bank reconciliations.
FINANCE SUPERVISOR
MILLENNIUM CENTRAL DOWNTOWN DUBAI
03.2019 - 03.2020
- Complied with established internal controls and policies.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Review and verify Night Auditors logbook, prepare daily revenue report (DRR) and daily Food & Beverage report with supporting vouchers and trial balance, Reconcile and monitor commissions, housekeeper and rate discrepancies, and Conference and Banqueting Revenue against daily function sheets (BEO). Check non-arrivals, late departures, no sales/voids, management bills, bill sequence and pay-outs.
- Review city ledger and credit card transfers of day and pass same to Accounts Receivable. Reconcile telephone, Pay TV, newspaper revenue, guest laundry income, corrections and allowance.
- Correctly and closely audit trial balance. Verify that there are no control sums for Guest Ledger, City Ledger and Deposit Ledger.
- Review all rebates and allowances and ensure they are properly authorized and to report all deviations from prevailing policies and procedures.
- Verification of Revenue from Rooms, Food and Beverage and other Operational Departments and rectify any discrepancies.
- Check accuracy of all revenue figures; identify and obtain explanations from respective personnel for reason for variances.
Assistant Manager - Credit
Conrad Hotels & Resort
01.2018 - 02.2019
- Analyzed applicants' financial status and credit and property evaluations to determine credit feasibility.
- Monitored accounts for signs of fraud and non-payment issues.
- Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.
- Negotiated settlements and payment terms with customers and delivered customized payment plans.
- Independently made decisions with needs of company at heart, with exceptional trust on behalf of CEO and CFO.
- Reconciled and confirmed invoices with payments and purchase orders, verifying details for accuracy and effortlessly handling critical datasets and quantities.
- Utilized state-of-the-art accounting tools to record activities and keep up-to-date on taxable transactions.
- Disbursed and processed payables, verifying TDS and GST compliance and other important documentation.
- Establish and maintain local credit policies and procedures regarding billing, collection, credit cards, inquiries, check cashing, etc. Investigate fully all requests for billing and function as final authority over credit approval.
- Manage relations with collection agencies, credit reporting agencies, credit insurance providers, sales department, Manage all account queries and disputes, Manage Accounts Receivable and ensure all debtors’ accounts are reconciled regularly.
- Credit Decisions, Conduct credit checks on all customers, establish and manage limits, perform the activities related to dunning process (Dun & Birchstreet) as per policy and support in customer master creation.
- Company Reward Program & redemption program
- Review AR aging to ensure compliance, ensuring prompt, accurate and efficient system for billing of current and aged accounts.
- Reserve for doubtful accounts is maintained in accordance with company policy and bad debt reserve report is in agreement with G/L.
- Credit Card reconciliation, Refund & Credit card chargeback
- Bi-weekly or monthly Credit Meeting with Management Team to liaise with regards to performance and payment collection status.
- Ensuring all Credit Card activity within property is as per Payment Card Industry (PCI) standards.
- Checking and processing commissions for Travel Agents on monthly basis and handling its payment via Worldwide Payment System (WPS).
ASSISTANT CREDIT MANAGER
Marriot Hotels And Resorts
12.2016 - 11.2017
- Optimized credit approval and collection processes, improving operational efficiencies by over 80%.
- Reported key performance indicators to department heads for management of positive cash flow and to adjust credit risk policies and procedures.
- Referred delinquent accounts to collections department or outside resources.
- Performed semi-annual account credit limit reviews and credit increase review requests from financial service and sales teams.
- Collected data and performed trend and variance analysis to mitigate risk arising from bad debt.
- Provided training and consulted with struggling teams to help meet monthly target goals.
- Obtained and interpreted financial statements to assist in credit limit reviews.
- Collaborated with management to evaluate credit strategies and develop improvements.
CREDIT EXECUTIVE
JW MARRIOTT BENGALURU
08.2015 - 10.2016
- Work cross-functionally with sales, management and other departments to maintain effective operations.
- Oversaw reporting, documentation and recordkeeping requirements for department.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Analyzing all billing procedures and identifying opportunities for improvement.
- Verifying with other departments that orders have been fulfilled.
- Preparing, issuing, and sending invoices.
- Reviewing invoices to ensure billing accuracy.
- Reviewing sales sheets to ensure billing of all sales.
- Reconciling invoices with balance sheet reports and resolving any discrepancies.
- Communicating with clients and other departments, resolving issues, and providing clarifications.
- Ensuring clients' billing accounts are set up correctly and according to their requirements.
- Maintaining updated records of accounts receivable.
- Preparing reports and meeting billing deadlines.
ASSISTANT ACCOUNTANT
OBEROI UDAIVILAS
08.2014 - 08.2015
- Prepares, posts, verifies, and records customer payments and transactions related to accounts receivable.
- Creates invoices according to company practices; submits invoices to customers.
- Maintains and updates customer files, including name or address changes, mergers, or mailing attentions.
- Drafts correspondence for standard past-due accounts and collections, identifies delinquent accounts by reviewing files, and contacts delinquent account holders to request payment.
- Creates reports regarding current status of customer accounts as requested.
- Researches customer discrepancies and past-due amounts with assistance of Collections Manager and other staff.
- Collaborates with Collections Manager to reconcile accounts receivable on periodic (at least bimonthly) basis.
- Assists in generating monthly billing statements based on general ledger.
- Assists Accounting Manager in reconciling revenue accounts each month.
- Copies, files, and retrieves materials for accounts receivable as needed.
- Relays changes of information to appropriate employees.
- Performs other related duties as assigned.
- Maintained accurate and complete documentation to facilitate accounting and filing functions
Education
Institiute of Management Accountants -
CMA, IMA
USA2024
Bachelors of Commerce -
Burdwan University
INDIA2012
Skills
- Proficient user in MS Office (Excel , Power point etc)
- Proficient in Micros , Opera (PMS) , Microsoft Navision ERP, Microsoft Dynamics 365 ERP, Power BI, SAP , BIRCHSTREET, BOSS , OASIS , ONQ , Sun Systems, & Tally
- Flexible and Adaptable
- GAAP guidelines knowledge
- Financial reporting
Accomplishments
- Employee of the month for March 2021 in Address Beach Resort,Dubai.
- Outstanding Performer Recognition award for 2018 in Conrad Pune, India.
- Letter of appreciation from Mr. Dharam Reshamwalla (Senior Area Director of Finance - South Asia Marriott) for assistance Courtyard by Marriott City Centre, Pune, India during taskforce period.
- Executive of the Month for October-15 & January-16 in JW Marriott, Bengaluru, India.
- Certificate of Recognition from The Oberoi Udaivilas, Udaipur, India.
Certification
Certificate in Tally with VAT, Service Tax & TDS from The Institute of Computer Accountants.
Languages
English
Full Professional
Hindi
Native or Bilingual
Bengali
Native or Bilingual
Timeline
CLUSTER SENIOR SUPERVISOR - AP & GL
HILTON DUBAI
12.2021 - 01.2023
SENIOR FINANCE EXECUTIVE
ADDRESS BEACH RESORT JBR DUBAI
11.2020 - 12.2021
FINANCE SUPERVISOR
MILLENNIUM CENTRAL DOWNTOWN DUBAI
03.2019 - 03.2020
Assistant Manager - Credit
Conrad Hotels & Resort
01.2018 - 02.2019
ASSISTANT CREDIT MANAGER
Marriot Hotels And Resorts
12.2016 - 11.2017
CREDIT EXECUTIVE
JW MARRIOTT BENGALURU
08.2015 - 10.2016
ASSISTANT ACCOUNTANT
OBEROI UDAIVILAS
08.2014 - 08.2015
Institiute of Management Accountants -
CMA, IMA
Bachelors of Commerce -
Burdwan University
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