Rizwan Mubeshar

Assistance in handling Centralized Trade finances of the group with Islamic & Conventional banks in UAE.
Processing for Opening & settlements of TR (Local Trust Receipts), Liaison with the commercial department for Shipping Documents clearing from bank.
Maintenance of Consolidated Data base specifying opening and maturity of trade loans, interest calculations and relevant allocation to the related division.
Documentation & Processing of Bank Guarantees, Vehicles Loans, Rent Loans, Bill Discounting and maintenance of control sheet to for renewals and accounting purpose.
Processing of local & international supplier payments through TTs, Pay Orders, Local transfers and related liaison with banks & suppliers.
Representation of the Organization for its General Insurance matters:
Ensure the comprehensive Group insurance coverage under Property All Risk, Fidelity, Money Insurance, Business Interruption and public Liability.
Ensure for coverage of Group fleet insurance around 300 vehicles of Fathima Group.
Liaison with the Insurance Company and logistic department for vehicle insurance renewal and submission of claims.
Manage and submission of Insurance Claims under General insurance, co-ordination with the Insurance company, Surveyors/Loss adjustors, follow up with the internal departments for provision of information for timely settlement of claims.
Submission of monthly Declaration to the insurance company under Open Marine Insurance Cover, Consolidation of Group wise data and ensure its accuracy.

Responsible for overall accounting function for its Cold Store Division, preparation of periodic accounts and timely reporting to the management.
Margin & Sales analysis of different product items, billing/invoice control, analysis of profitability on promotions and discounts offered in outlets.
Import/shipment costing, Inventory management, checking for stock levels and related co-ordination with commercial department to ensure the stock availability to meet future sales demands.
Accounts Receivable management, follow up and input for timely collection, check and eye watch on old outstanding balances.
Accounts payable management, payment processing against local and import purchase, cheques verification and ensuring accuracy.
Preparation of Payroll for around 70 staff personnel, Calculation of Staff final settlements and Leave encashment.
Co-ordination with Finance department for Shipping documents clearing and opening and settlement of trade loans.
Cash flow management to meet ongoing cash needs of the division.
Supervision of overall accounting transactions for billing/settlements/purchases, checking banks and interbank reconciliations.

Spearheading Bank operations, management of financial resources to meet on going cash needs
Responsible for preparing periodic financial accounts such as P&L, Balance sheet, Cash flow etc
Instrumental in performing analysis of variations in margins, Revenue & Cost heads Profit Centre reports
Managing overall accounts closing activities, verifying Trial Balance, matching Costs, Revenues and Expenses etc.
Coordinating internal audit to implement sound system of internal controls
Supervising LC/Non-LC Contracts Control Accounts, Import Costing, Stock Reconciliations etc.
Bank Co-ordination for arrangement of credit lines like LC, TF, ERF, BD etc.
Maintaining and reconciling clearing agents and Principal Vendor accounts
Responsible for managing overall accounting activities of Head Office and branch reconciliation
Supervised daily accounting transactions related to sales, purchases, banks, expenses etc
Efficiently handled periodic Receivables & payables reporting, payment processing, consolidation & analysis of budgeted collection v/s actual
Maintained Fixed Assets register

Accountable for posting routine accounting transactions related to sales, purchases, banks, expenses etc.
Efficiently handled bank operations, Periodic Receivables & Payables reporting, reconcilations, imprest cash, staff reimburesements etc.
Maintained staff personal accounts including advances, loan, settlement and other related issues
Assisted internal audit implementation