Shoukath Mohammed

Accountant (General) at Al Nefouth Computers LLC

• United Arab Emirates - Sharjah
• My current job since March 2010

Reporting directly to the Managing Director and responsible for the daily accounts as well as month and year-end financial statements for AED 25 M trading company with 4 outlets in Sharjah. Collaborate effectively with branch managers on customer invoices and billing issues. Also responsible for all aspects of administrational effectiveness and daily operations.
 Closely monitoring daily sales of all outlets including credit sales, cash and card transactions as well as internal stock transfers between the locations.
 Preparing reports on different aspects of the business on weekly and monthly basis and daily registration of invoices and credit notes.
 Checks recorded and banked remittances from customers and provide financial advice and information to the Director.
 All cash management including reconciliation of all bank accounts, cash transfers between the locations and disbursements analysis.
 Oversee accounts payable operating and approval process to support production over 40 PDCs weekly and keeping a track of it and ensure cleared on due date.
 Responsible for all monthly utility bills follow ups for all the locations and payment on or before due date.
 Compilation of month and year end financial statements for all entities, including the preparation of journal entries for accrual purposes.
 Trained staff of other branches how to use system, applicable to their specific needs.
 Successfully connected all branches online for real time transactions.
 Implemented accounting policies and procedures, and streamlined work flow processes for efficiency and accuracy.

Accountant at Iman Phones - unit of Hi Lite Trading Est.

• United Arab Emirates - Dubai
• June 2005 to January 2009

Worked under the direction of the Chief Accountant, executed broad range of accounting and inventory functions including Purchase & Sales Ledger Accounts, petty cash expenses, invoicing, reconciled and balanced accounts and generated invoices and monthly statements
 Day to day accounting transactions, month end closing procedure and reconciles ledger and sub ledger.
 Handled full cycle of accounts receivable including invoicing, collections, and entering receipt of payment.
 Maintained the bank reconciliation system and prepared monthly statements for the transfer of funds.
 Managed physical inventory process and identified warehouse layout improvements.
 Vendor account reconciliations and making payments as agreed terms.
 Reconcile inventory at warehouse and adjust journal entries for balance general ledger with perpetual inventory systems.
 Generated monthly close of financial statements; prepared management reports concerning purchases, sales and inventory
 Maintained the bank reconciliation system and prepared monthly statements for the transfer of funds.
 Oversee accounts payable operating and approval process to support production over 40 cheques weekly.
 Managed physical inventory process and identified warehouse layout improvements.
 Reconcile inventory at warehouse and adjust journal entries for balance general ledger with perpetual inventory systems.
 Generated monthly close of financial statements; prepared management reports concerning purchases, sales and inventory.

Assistant Accountant at Universal Company

• India - Hyderabad
• January 2003 to March 2004