Asst Business Development Manager & Chief Accountant Real Estate Property & Construction Division
SHANFARI AND PARTNERS CO LLC. SALALAH OMAN
Total years of experience :24 years, 0 Months
Jobs involved :- Business Administration, Management of Accounts, Finance, Office Privacy of Company in Credit Creation i.e. arranging Cash Purchase, Credit Purchase, from Suppliers for ( 45 to 120 ) Days, with possibility of maximum Credit Facilities ) Purchases against Post Dated Cheque from suppliers, Maintaining Books of A/c independently i.e. Sales Register, Debtors Ledger, Purchase Register, Creditors Ledger, Bank Books, Cash Book keeping control on petty Cash A/c & Preparation of Trial Balance, Trading profit & Loss A/c, Balance Sheet up to Finalization of A/c. Attending Auditor for Audit of A/c & Completing Audit .
Accounts & Finance, controller for ( 5 ) Five year's in M/s. AL -Naseeb Transport Services, Building Construction Materials Suppliers & Construction Contracting Establishment at Mandangadh.
\[ Associated Groups\]
(a) M/s. AL -Naseeb Building Construction Material Suppliers.
(b) M/s. AL -Naseeb Construction Contracting Establishment.( Specially Villa maker for Residential Construction. ) (c) M/s. AL -Naseeb Bricks Making Establishment. \[ From January 2011 to April 2016. \]
Jobs involved :- Business Administration, Management of Accounts, Finance, Office Privacy of Company in Credit Creation i.e. arranging Cash Purchase, Credit Purchase, from Suppliers for ( 45 to 120 ) Days, with possibility of maximum Credit Facilities ) Purchases against Post Dated Cheque from suppliers, Maintaining Books of A/c independently i.e. Sales Register, Debtors Ledger, Purchase Register, Creditors Ledger, Bank Books, Cash Book keeping control on petty Cash A/c & Preparation of Trial Balance, Trading profit & Loss A/c, Balance Sheet up to Finalization of A/c. Attending Auditor for Audit of A/c & Completing Audit.
Jobs involved :- Audit works on ERP- SAP with Senior Auditors team for Statutory Audit for Vouching of Sales invoices Sales Registers Debtors Ledgers A/c, Purchase Registers Creditors Ledger A/c. Scrutiny of Debtors & Creditors A/c, Op & Clo' s Balances of Last years, Stock Register, Cash Book, Bank Book, Petty Cash Book Scrutiny for Payments of Salaries to Employees, Scrutiny of Assets & Liabilities, Depreciation, Investments, Balances of Trial Balance, Trading Profit & Loss A/c, Balance Sheet etc.
National Packaging Industries Manufacturing Corrugated Cartoons. is Third Largest Packaging Industries in UAE
First Major Big Achievement :- For Accounting years 2006 it was Booked loss up to ( 10 % ) after joining of our audit Team in the very next year the company was in Fifteen 15 % profit position for the year 2007.
( 3 ) Apex Block Factory. Manufacturing Horrowcoar, Solid & Paving Blocks etc. ( 4 ) Apex Precast Concrete Company.
In Finance, Accounting, Auditing, Costing, Management & Administration having (25 ) Twenty Five Years Experience i.e. Following Budgeting Financial / Ratio Analysis of A/c’s A/c Receivable, Payable General Ledger, Scrutiny of A/c s, complete Debtor/Creditors, Collection of Amt Depositing in Bank, Bank Reconciliation Book Keeping, Payroll & Maintaining A/c’s independently till up to preparation of Trail Balance, Balance Sheet, Audit of Accounts & seating with Statutory Auditors for Auditing of Accounts,
Cash flow and Working Capital planning (debtors, Creditors & inventory status) detailed updates, identification of key challenges & possible solutions, constant endeavor to manage cash flows efficiently Establish Project budgets & report variances with proper coordination from the Commercial team for project estimation, allocation of HO office expenses & determining project profitability on an ongoing basis.
Jobs involved :- Purchasing, Administration & Management of Packing Materials for the packing of Textiles Goods products, i.e. White Towels which is used
Jobs involves :- Business Administration, Management of Accounts, Finance, Office Privacy of Company in Credit Creation i.e. arranging Cash Purchase, Credit Purchase, from Suppliers for ( 45 or 90 Days, with possibility of maximum Credit Facilities ) Purchases against Post Dated Cheque from suppliers, Maintaining Books of A/c independently i.e. Sales Register, Debtors Ledger, Purchase Register, Creditors Ledger, Bank Books, Cash Book keeping control on petty Cash A/c & Preparation of Trail Balance, Trading profits & Loss A/c, Balance Sheet till up to Finalization of A/c. Attending Auditor for Audit of A/c & Completing Audit .
Work with M/s. AL- Ammari Contracting Establishment (4) Four years in Construction company at Bahrain, Constructing Villa’s Residential & Commercial Buildings for Royal Families of Bahrain’s Sheikhs’ also have done work for Real Estate Property, Aluminum Factory Manufacturing Windows & Doors of same company. For Accounts Management, Secretarial & Administration work at Bahrain with M/s. AL- Ammari Contracting Establishment.
Jobs involved :- Maintaining Books of A/c independently i.e. Sales Register, Debtors Ledger, Purchase Register, Creditors Ledger, Bank Books, Cash Book keeping control on petty Cash A/c prepairing of Payroll Disburment of Salary & Preparation of Trial Balance, Trading profit & Loss A/c, Balance Sheet up to Finalization of A/c. Attending Auditors For Audits of Accounts.
Jobs involved :- Maintaining Books of A/c independently i.e. Sales Register, Debtors Ledger, Purchase Register, Creditors Ledger, Bank Books, Cash Book keeping control on petty Cash A/c & Preparation of Trail Balance, Trading profit & Loss A/c, Balance Sheet up to Finalization of A/c. Attending Auditors For
Jobs involved :- Audit works with senior Auditors team as statutory audit for Vouching of Sales invoices Sales Registers Debtors Ledgers A/c, Purchase Registers Creditors Ledger A/c. Scrutiny of Debtors & Creditors A/c, Op & Closing Balances of Last years, Stock Register, Cash Book, Bank Book, Petty Cash Book Scrutiny for Payments of Salaries to employees, Scrutiny of Assets & Liabilities, Depreciation, Investments, Balances of Trial Balance, Trading Profit & Loss A/c, Balance Sheet etc.
Areas of Exposure :-
Finance & Accounts :- Preparing & maintaining statutory books of accounts viz. journal, ledger, cash book and subsidiaries in compliance with time & accuracy norms. Conducting verification of various books of accounts to detect any possible fraud and ensuring that accounts prepared conform to accounting standards. Presenting a true and fair view of the financial position of the company.
Cost Accounting:
Conducting Statutory Cost Audit u/s 233(B) of the Company Act. Implementing Cost Record 209(1) d of the Company Act.
Preparation of Cost Sheet Statement & CAS-4 (Cost of Production for Captive Consumption) Certification.
Taxation / Auditing:
Preparing tax plans and ensuring timely assessment, service tax payment, excise payment and filing of tax returns in compliance with the Statutory Tax Laws.
Coordinating with Auditors and reverting to accounts related issues, finalizing Tax Audit.
Evaluating internal control systems / procedures with a view to highlight shortcomings and implementing necessary recommendations.
MIS / Budgeting:
Supervising the budgeting & providing relevant information to management by structuring the MIS for related areas. Preparing annual budgets & ensuring effective mobilization of funds. Supervising the preparation of MIS reports related to Payables & Service Tax, etc.
Fund Management:
Monitoring cash flow of the company to review the cash position and forecast funds required for numerous expenses.
Managing funds & disbursement of funds, thereby monitoring fixed assets purchase.
Handling the daily cash & bank transaction and collating the feedback to the head office. Liaising with bank and all related bank works.
Receivable / Payable Management
Preparing and following up bills receivables after invoicing to debtors.
Conducting ageing analysis with an aim to keep receivables under control & collections of payments, etc.
Ensuring that all payments are made to suppliers within the stipulated time frame and managing accounts payable within the pre-set parameters & accounting of rejections & reconciliation, etc.
