ABRAR AHMAD, Cheif Accountant

ABRAR AHMAD

Cheif Accountant

Farhat Office and Co

Location
United Arab Emirates - Dubai
Education
Master's degree, Finance
Experience
10 years, 11 Months

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Work Experience

Total years of experience :10 years, 11 Months

Cheif Accountant at Farhat Office and Co
  • United Arab Emirates - Dubai
  • My current job since January 2020

 Identify and reduce all business and financial risks through effective implementation and monitoring of controls.
 Develop, implement and maintain internal audit policies and procedures in accordance with local and international best practice. Conduct ad hoc investigations into identified or reported risks.
 Accounts Payables & Receivables Management, Petty Cash Control & Budgeting accordingly.
 Company WPS Payroll Processing and liaison with all the banks by maintaining a good relationship with the banking relationship managers.
 Value Added Tax (VAT) Preparations & Filling for the company & maintaining proper TAX records of all the supporting documents for the Federal Tax Authority (FTA) for the Governmental Audits.
 Prepares asset, liability, and capital account entries by compiling and analyzing account information.
 Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement and other reports required by the management.
 Substantiates financial transactions by auditing documents & Maintains accounting controls by preparing and recommending policies and procedures.
 Guides accounting clerical staff by coordinating activities and answering questions & Reconciles financial discrepancies by collecting and analyzing account information.
 Prepares payments by verifying documentation and requesting disbursements.
 Prepares special financial reports by collecting, analyzing, & summarizing account information & trends.
 Maintains customer confidence and protects operations by keeping financial information confidential.
 Accomplishes the result by performing the duty & Contributes to team effort by accomplishing related results as needed.

Senior Accountant at Farahat & Co.
  • United Arab Emirates - Dubai
  • August 2018 to December 2019

Directly Reporting to the Managing Director & General Manager.
Managing Company Accounts with their 4 other subsidiary companies.
Bank Reconciliation of 7 Banks of the Company.
Preparation of Monthly Closing Statements, Trial Balance, Profit & Loss Account, Bank Reconciliations & Balance Sheet Etc.
Preparation of Statement of Accounts of Clients.
Salary Preparation for all Employees.
Petty Cash Handling.
Accounts Receivables & Payables Handling.
Any Other Task assigned by the management.

Branch Accountant at Fast Cables limited
  • Pakistan - Lahore
  • April 2015 to July 2018

 Operating system Oracle (ERP) Business Suite.
 Actively manage and oversee the process of closing out completed orders.
 Budgeting and forecasting with periodical controls, variance analysis, and management, reporting and ensuring Audit compliance.
 Reporting of the financial statements & variance analysis to higher management.
 Monitoring invoicing, payment and billing.Facilitation of internal and external auditing procedures
 Implementing proper financial controlling by monitoring expenses and their proper allocation.
 Ensuring all payables is done properly and on time.
 Managing work flow of the department along with proper job allocation to staff for smooth flow.
 The arrangement of logistics support for procurement department and confirming thequantity of stock from store staff, and creating aliaison between thestore and logistic staff.
 Plan and organize the procurement process and acquiring of equipment and services from manufacturers or suppliers.
 Following up of customers for therelease of early payments (via telephone, email, fax, personal meetings).
 Negotiate and review supplier’s quotes, conditions & payment terms.
 Document all financial transactions by entering account information.
Prepares monthly financial statements and other MIS reports.

ACCOUNTS OFFICER at MASTER GROUP OF IND. (PPRC)
  • Pakistan - Sialkot
  • September 2013 to April 2015

 Responsible for daily reporting to the Sr. Accounts Manager.
 Preparation of Statement of Comprehensive Income monthly.
 Monitoring of the companies Accounts Receivable & Accounts Payable with their aging analysis & outstanding reports and confirms the timely receipts and payments.
 Internal Audit Compliance to ensure all the Accounting Invoices from suppliers, Vouchers & Invoices to customers was accurate.
 Bank Reconciliation for the companies two Bank Accounts.
 Cross checking of the ledgers of suppliers to make sure any difference exist should be eliminated. (Reconciliation)
 Providing Ad-hoc reports on an urgent basis when needed by the top management.
 All accounting tasks like Book keeping, Accounts compilation, Petty Cash management.
 Preparation of wages and salaries of staff.

INTERNEE at ALLIED BANK LIMITED
  • Pakistan - Lahore
  • October 2012 to December 2012

 General Banking Operations
 Customers Relationship
 Customer Bank Accounts Opening
 Remittances Payment &Cash/Cheque Deposit Slips Filling
 ATM Card Inventory &Cheque Book Handling
 Any Other task Assigned by Operation Manager

Education

Master's degree, Finance
  • at University of Sargodha
  • September 2016

M. Phil (Management Sciences) with Finance Specialization ad got 3.33 CGPA out of 4.00

Bachelor's degree, Finance
  • at University of the Punjab, Lahore
  • September 2013

B,Com Hons 4 Year Degree from 2009 to 2013 (Equivalent to Master) with Finance Specialization 3.50 CGPA out of 4.00

Higher diploma, Finance
  • at B.Com Honors
  • September 2013

B.Com Honors equivalent to Masters from Punjab University with Finance Specialization and got 3.50 CGPA out of 4.00, Completed in 2013

Diploma, Commerce and Communication
  • at Elite College of Commerce
  • August 2009

80% marks obtained 880/1100 1st Division Grade A+

High school or equivalent, Science
  • at BOARD OF INTERMEDIATE & SECONDARY
  • August 2007

74% Marks Obtained Science Specialization 2005 to 2007 1st Division Grade A

Specialties & Skills

Tax Compliance
Financial Statement Analysis
Payroll Management
Internal Audit
Account Reconciliation
ACCOUNTS PAYABLE
ACCOUNTANCY
MICROSOFT OUTLOOK
ACCOUNTS RECEIVABLE
BANK RECONCILIATION
BOOKKEEPING
AUDITING
BILLING
Inventory Management
REPORTS
MS OFFICE
Business Development
Customer Relation
Recovery Management
Petty Cash Managemnet
Accounts Payables
Daily, Monthly and Annual Reports
Financial Analysis
Audit Compliance
Account Reconciliations
Financial Statements Analysis

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.


Languages

English
Expert
Urdu
Native Speaker
Punjabi
Native Speaker
Hindi
Expert

Training and Certifications

Oracle ERP (Training)
Training Institute:
Fast Cables Limited
Date Attended:
April 2015
Duration:
24 hours
Employee of the Quarter (Certificate)
Date Attended:
October 2015
Employee of the Quarter (Certificate)
Date Attended:
September 2017
Let's Break the Chain of COVID-19 Infection (Certificate)
Date Attended:
March 2020

Hobbies

  • News Paper Reading
    Current affairs Entertainment Social News Sports News Political News Etc
  • Cricket
    Play and Watch
  • Badminton
    Enjoy to Play