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Wasiq Ghazanfar - ACCA

Senior Accountant

Dawaam

Location:
United Arab Emirates - Dubai
Education:
Master's degree, Finance, Accounting
Experience:
13 years, 5 months

Work Experience

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List all relevant responsibilities, skills, projects, and achievements against each role.  If you're a fresh grad, you can add any volunteer work or any internship you've done before.
Add Experience

Total Years of Experience:  13 Years, 5 Months   

October 2015 To Present

Senior Accountant

at Dawaam
Location : United Arab Emirates - Dubai
• Overall maintaining company’s accounting functions including financial accounting, monitoring & management reporting.
• Establishing chart of accounts, suggesting accounting policies and procedures.
• Maintaining asset register for proper location of assets and computing depreciation.
• Preparation of monthly, quarterly and annual financial statements. (Profit and Loss (P&L), Balance Sheet and Cashflow)
• Improves financial status by analysing results; monitoring variances; identifying trends; recommending actions to management.
• Account for accruals, prepayments and provisions in the system as appropriate to ensure accounts are correctly reflected in financial books.
• Bank reconciliations on a timely basis to identify any inaccuracies.
• Ensure proper and timely disbursement of staff salaries which includes verification of the commission statements, end of service benefits & payroll record is maintained.
• Prepare annual employee performance related reports.
• Reconcile customer and general ledger accounts, outstanding are investigated and highlighted to the concern individual with recommendations.
• Prepare and monitor cash flow projections and associated records to determine the optimum use of funds or the need to raise additional revenue.
• Prepares yearly budget of the company & reviews actuals vs forecasting. 
• Identify financial status by comparing and analysing actual results with plans and forecasts.
• Provide timely & accurate financial information to the management.
• Carrying out other tasks and assignments given by the management based on the requirements of the organisation from time to time.
• Calculating VAT (Value Added Tax) and submitting tax returns/filing on time.
• Reporting directly to CEO of the company.
December 2012 To September 2015

General Accountant

at A.Ronai LLC
Location : United Arab Emirates - Dubai
A.RONAI LLC is a British Firm and supplying British Products to Middle East and Asia since 1945, Furthermore its supplying uniforms to Emirates, Fly Dubai, ROTANA Group, YAS WATERWORLD and Arabian Adventures. My duties in current job as given below:
• Posting Day To Day Transactions Into Software (Tally ERP. 9 & Pastel)
• Posting Sale Voucher and Purchase Voucher in System on Daily Basis
• Issuance of Receipts to Customers and Cheque’s to Suppliers
• Follow Up For Payments From Customers Having Credit Terms
• Manage And Arrange All Local Purchases
• Issuance Of Purchase Order After Management’s Approval
• WPS And Non WPS Salary Disbursement
• Dealing With the Banks (Deposits and Withdrawals, Bank Reconciliation, T.T Request and Cheque Book Issuance Etc.)
• Managing Large Quantity of Inventory In & Out From Stock
• Responsible for maintaining and re-imbursement of Petty Cash
• Finalization of Accounts & Monthly Reporting To Management
October 2010 To November 2012

General Accountant

at Hotel Sangem Continental
Location : Pakistan - Islamabad
• Day to day entries of books of accounts.
• Calculation of rent rooms wise & guest wise.
• Schedule of fixed & current assets.
• Following up of accounts receivable.
• Prepare all payment vouchers for suppliers & Reconcile their accounts.
• Bank reconciliation.
• Petty Cash.
• Preparation & Payment of staff salary.

Education

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June 2017

Master's degree, Finance, Accounting

at ACCA - Association Of Chartered Certified Accountants (UK)
Location : United Arab Emirates - Dubai
March 2016

Bachelor's degree, Accounting

at Oxford Brookes University
Location : Oxford, United Kingdom
August 2010

Bachelor's degree, Economics

at Punjab University
Location : Pakistan - Lahore

Specialties & Skills

Microsoft Excel

Pastel Sage

Accounting

Inventory

Tally ERP

Microsoft Word

Accounting

Financial Reporting

Reporting

Accountancy

Bayt Tests Test Credits: 0

Accounts Receivable Test

Test Information
Score: 73%

Financial Reporting Test

Test Information
Score: 70%

Languages

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For some jobs, fluency in one or more foreign languages is a plus, so add your language skills to get better results.

English

Expert

Urdu

Native Speaker

Hindi

Expert

Memberships

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Your professional memberships provide an informative signal about your career aspirations, so add them!
Organization : ACCA
Membership/Role : Member
Member since : December 2017

Training and Certifications

Advanced Diploma in Accounting and Business (ACCA) ( Certificate )

Issued in: July 2015

Diploma in Accounting and Business (ACCA) ( Certificate )

Issued in: August 2013

Hobbies and Interests

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Help employers know more about you by looking at your hobbies and interests

Cricket

Football

Table Tennis

Movies

Swimming

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