abdul raheem baig mohammed

Reporting to Chief Financial Officer.
Working with ERP Microsoft AX Software
SIGNIFICANT HIGHLIGHTS

 Managing team of 4 accounts personnel with proper jobs defined to each of them.
 Handling a turnover of approx. QR 130 Mil.
 Meeting deadline for the reports as required by management and statutory auditors.
 Responsible for all operational accounting & statutory work, till finalisation of Balance Sheet & Tax Audit.


KEY DELIVERABLES:

 MIS, Balance Sheet, P&L A/c.
 Audit and analysis of financial statement.
 Projects Supervision Revenue, Cost & Certification. Analysing Budget vs Actuals.


Core Competencies:

Strategic Planning & Financial Control

 Performing the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals.
 Determining financial objectives and preparing & implementing systems, policies & procedures to facilitate internal financial control especially in the areas of credit and collection.
 Preparing monthly reports for Profit and Loss Statement, Daily Sales, aging report, cash/fund flow, daily collections, DCR (Daily Collection Report), expenses budget and analysis report, etc.
 Implementing & ensuring procedure of purchases & expenses as per SOP, budget control, funds projections, assets capitalization, funds planning in day to day activities.
 Preparation of Cash flow, Annual Budgets, Mid-term reviews, Variance Analysis for reporting to
the Management

Accounting Functions

 Ensuring properly maintained statutory books of accounts and reconciliation of financial statements in compliance with the norms.
 Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports ensuring analysing the expenditure on a monthly basis to control expenses.
 Maintaining monthly MIS & reports entailing budgeting, cash flow, turnover, customer outstanding and collection statement; evaluating them for facilitating decision-making process.
 Preparation of Balance sheet & Profit & Loss Account and finalization of accounts for statutory audit
 Account Receivable / Payable Management
 Overseeing advance controls for advance payments & ensuring proper following up with vendor.
 Ensuring following up of receivables from debtors and conducting ageing analysis with an aim to keep receivables under control.
 Ensuring that all payments are made to suppliers within the stipulated time frame and as per agreement and managing accounts payable within the pre-set parameters.
 Forecasting and balancing the payables and receivable to get maximum credit benefits for the organisation.
 Checking time to time projects progress billings, certification and Cost.

o Reporting to Finance Manager.
Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting
etc
• Responsible for day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls with Finance Manager co-ordination.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow with Finance Manager co-ordination.management reporting for submission to Higher Management with Finance Manager co-ordination
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project
teams in analyzing margins, variances and cost analysis with finance manager co-ordination.
• Issue project cost reports for review and approval.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Support Finance Manager in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns
• Work consultatively with the respective departments on cost reduction initiatives
 Handling Administration Work & Worked with PIONEER Accounting Software.

Manage and oversee the daily operations of the accounting department
Process month and end year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity etc
Monitor and analyse accounting data and produce financial reports or statements
Establish and enforce proper accounting methods, policies and principles
Coordinate and complete annual audits
Provide recommendations
Improve systems and procedures and initiate corrective actions
Assign projects and direct staff to ensure compliance and accuracy
Meet financial accounting objectives
Establish and maintain fiscal files and records to document transactions

Reporting to Branch Manager
Preparation of Staff Payroll
Reconciliation of Bank Accounts and Inventories
Verify, allocate, post and reconcile transactions
Produce error-free accounting reports and present their results
Analyse financial information and summarise financial status
Provide technical support and advice on management
Review and recommend modifications to accounting systems and procedures
Participate in financial standards setting and in forecast process
Provide input into department’s goal setting process
Prepare financial statements and produce budget according to schedule
Direct internal and external audits to ensure compliance
Plan, assign and review staff’s work
Support month-end and year-end close process
Develop and document business processes and accounting policies to maintain and strengthen internal controls.

o Reporting to Financial Controller
o Establishing and Negotiation of FLCs & LLCs
o Reconciliation of Bank Accounts and Inventories
o Reconciliation of Payables and Receivables Accounts
o Organizing the payables payments and co-ordinate with Suppliers.
o Following up Payments with Receivables.
o Preparation of Monthly Cash Flows Projected and Actual
o Attending to Physical Stock Verification.
o Preparing the Profit & Loss and Balance Sheet and Trial Balance reconciliation and passing entries.
o Preparation of MIS Reports to the Management.
o Maintaining the Staff Pay roll
o Preparation of Projects Costing.
o Preparation of Wages.

o Reporting to Accounts Manager
o Co-ordinate with Godown Staff, Clearing & Fowarding Agents for Export & Import Operations.
o Establishing & negotiation of FLCs & ILCs
o Reconciliation of Bank accounts, inventory and Inter branch accounts
o Maintenance of Day books
o Verification of Purchase Bills, Sales invoices and issuing debit/credit notes to parties.
o Attending for Physical stock taking
o Visiting to other branches for internal audit
o Submission of stock statement & SOD to banks
o Preparation of Profit & Loss account and Balance Sheet
o Liasoning with banks for day to day operations & Government Department for getting the licenses
o Preparation of MIS report to the Management.
o Organizing the payables payments and co-ordinate with Suppliers.
o Following up Payments with Receivables.