ABDULMAJID SHAIKH, Sr. Accountant

ABDULMAJID SHAIKH

Sr. Accountant

Legacy Group

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Diploma in Business Adminstration
Experience
29 years, 9 Months

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Work Experience

Total years of experience :29 years, 9 Months

Sr. Accountant at Legacy Group
  • United Arab Emirates - Dubai
  • My current job since October 2011

Accounting functions-Computerized. Finalisation of accounts up to the preparation of Trial Balance, Profit & Loss & Balance Sheet.

Handling three sister company’s accounts like Yachts, St. Steel Fabrication and Interior Designing.

Preparation of Trial Balance, Profit & Loss & Balance Sheet.

Accounts Payable AP - Managing AP with team include supervision & checking of Supplier invoices & Contractors’ Expenses and ensuring all info is entered timely and accurately on accounting system and that payments are processed by due dates.

Provide information to GL team to assist in preparation of monthly Bank Reconciliations

Accounts Receivable AR - Reviewing Client Invoices and ensuring collections are correctly update on accounting system.

Monitoring AP Accruals and Prepayments and providing necessary information to GL team to book accordingly.

Work closely with GL team and Controller

Preparation and maintenance of schedules required for a company’s annual audit like
Bonus Provision, Indemnity Provision and Leave Provision

Assistant Accounts Manager at Pratham Design Innovation
  • India - Pune
  • November 2008 to September 2011

Finalisation of accounts up to the preparation of Trial Balance, Profit & Loss & Balance Sheet.

Prepare financial statements and supporting schedules.

Prepare Bank reconciliations and Fixed Assets Accounting, Depreciation & Schedules.

Check Payables, receivable accounts and reconciliations

Check accuracy of information in final salary statements (payroll reports)

Reconciliation of general ledger balances (balance sheet accounts) against manual schedules of provisions

Coordination with external auditors

Provide finance administration support to the Group Finance Manager.

Assistant Manager Accounts at Haya Rashed Al Khalifa, Finance and Corporate Consultants W.L.L. Bahrain
  • Bahrain - Manama
  • June 2006 to October 2008

Preparation of all types of financial reports and Auditing

Manage AR/ AP processes including communication with customers

Attending to meetings with management or operational team when dealing with AR. Make appropriate recommendation and/ or suggestion to improve collections

Prepare reports on aged debtors and/ or delinquent customers

Assisting the Finance Manager and/ or Finance Controller in connection with communication with the auditors (internal and external) on audit issues and ensuring appropriate follow- up action

Provide finance administration support to the finance manager

Proper file maintenance - printouts or soft copy - in a safe and secure manner

Joined as Accountant then promoted asSr. Accountant at M/s. Mohd. Al Mannai & Company W.L.L.
  • Bahrain - Manama
  • February 1998 to June 2006

Preparation of Accounts reports and all types of accounts related work and also handled administration work.

Supervising accounts payable, accounts receivable, payroll functions, purchase and service orders, check requests, and employee advances; verify expenditure requests against budget, bank reconciliations, monthly payroll, fixed assets database accounts and performing creditor’s account reconciliations.

Entry and follow-up of employees’ deductions, loans, additions, commissions, unpaid leaves

Calculate the final dues for leavers or transferred employees in accordance with local laws and Group’s policies and procedures

Process vendor payments, adhoc cheque requests and T&E expenses

Reconcile vendor statements

Accounts Officer at M/s. Oriental Rubber Industries Ltd
  • India - Pune
  • October 1996 to December 1997

Responsible for managing accounts receivable and accounts payable ledger

Prepare and send invoices to clients

Received bills from vendors and arrange for payments through cheques

File and maintained a record of various supporting documents for auditing and reconciliation purpose

Petty Cash Handling and Maintain records of job bookings and sales

Handling Data entry work of accounts and stock

Accounts Assistant at M/s. Chakan Vegoils Ltd.
  • India - Pune
  • July 1994 to October 1996

Responsible for managing accounts receivable and accounts payable ledger

Prepare and send invoices to clients

Received bills from vendors and arrange for payments through cheques

File and maintained a record of various supporting documents for auditing and reconciliation purpose

Petty Cash Handling and Maintain records of job bookings and sales

Handling Data entry work of accounts and stock

Education

Bachelor's degree, Diploma in Business Adminstration
  • at Indian Insitute of Technology
  • October 2002
Bachelor's degree, Bachelor of Commerce
  • at Pune University
  • May 1994

With subject of Accounting and costing

Specialties & Skills

Accounts Payable
Accounts Receivable
Team Supervision
Bank Reconciliation
Ability to handle multiple assignments and meets deadlines
Strong analytical and organizational skills

Languages

Hindi
Expert
Marathi
Expert
English
Intermediate

Training and Certifications

Diploma in Computer Application (Certificate)
Date Attended:
October 1994
Valid Until:
December 1994