SYED AMJAD, ACCOUNTANT GENERAL

SYED AMJAD

ACCOUNTANT GENERAL

Chabros Hardware Building Materials Trading LLC

Location
United Arab Emirates
Education
Master's degree, MBA-Finance
Experience
19 years, 9 Months

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Work Experience

Total years of experience :19 years, 9 Months

ACCOUNTANT GENERAL at Chabros Hardware Building Materials Trading LLC
  • United Arab Emirates - Dubai
  • My current job since September 2013

Job Responsibilities:

 Handling the Accounts of the firm on Oracle based ERP in compliance with the local laws.
 Monthly closing, review of General Ledgers, Trial Balance and other financial statements.
 Compilation of Profit & Loss Account and Balance Sheet for reporting to the Group Controller.
 Reconciliation for Bank Accounts, Customer & Vendor Accounts and Inter-company Accounts.
 Managing Accounts receivable and Accounts Payable to maintain adequate Cash Flow.
 Managing Inventory and controlling valuation as per ledger and physical stock.
 Fixed asset accounting, maintaining fixed asset schedule and monthly Depreciation.
 Analyzing Prepaid Expense accounts and maintaining schedule for monthly amortization.
 Sales invoicing as per the approved Credit Facility, ensure correct payment terms are followed.
 Purchase Invoicing, allocation of Direct Costs and determination of Product Landed Cost.
 Handling Petty Cash and registering all Cash receipts and Cash payments on day-to-day basis.
 Posting Cheque Receipts, Payments, Debit Notes, Credit Notes and other Journal entries.
 Control sheets for Employees’ accounts, Gratuity and Assisting with monthly Payroll.
 Coordinating with External Auditors and preparing various reports for Interim and Annual Audit

SENIOR FINANCIAL ACCOUNTANT at MAHMAYI OFFICE FURNITURE LLC
  • United Arab Emirates - Dubai
  • August 2011 to August 2013

Job Responsibilities:

 Leading accounts department for maintaining books of accounts on Focus ERP System.
 Cash flow management with multiple bank accounts on daily, weekly and monthly basis.
 Monthly Closing, compilation and Review of Financial Statements by analyzing the data files.
 Preparing monthly, quarterly and annual P&L and B/S for reporting to the Directors.
 MIS reports such as Inventory Aging, Receivables Aging, TR loans, Staff cost & finance cost etc.
 Fixed asset accounting and maintaining fixed asset schedule and Annual Depreciation.
 Authorizing for various payments related to Suppliers, Petty Cash and administrative expenses.
 Monitoring Import LC/TR Payments and internal Fund Transfers to maintain adequate balance.
 Managing Accounts Receivable and Accounts Payable as per the budget assignments.
 Reconciliations with banks / vendors for the account balances.
 Verifying Import/ Local Purchase documents and allocating overheads for accurate costing.
 Managing of Inventory and putting system in place to control the same on day to day basis.
 Preparation of year end Trail Balance and finalizing of accounts up to Balance Sheet.
 Coordinating with External Auditors and preparing various documents for Annual Audit.

ACCOUNTS & AUDIT EXECUTIVE at HEENA SPICES PVT LTD
  • India - Hyderabad
  • July 2008 to June 2011

Job Responsibilities:

 Handling the Accounts of the firm on Tally ERP as per Local Laws and management’s directions.
 Managing Daily and Monthly Cash Flow and controlling the financial resources of the Company.
 Preparation of monthly P & L Account and B/S for reporting to the Directors.
 Managing Accounts Receivable and Accounts Payable to achieve the budgeted cash flow.
 Preparation of statutory accounts, tax computations, Sales Tax, TDS and VAT Returns.
 Controlling the export documents, following up for Statutory Forms C, H and F for Tax Claims.
 Petty Cash replenishment and posting of Cash receipts and cash payments.
 Verifying all purchase and Sales Invoices and overhead allocation as per cost centers.
 Bank Reconciliation and General ledger, Customers and Vendor Accounts Reconciliations.
 Preparing payroll for more than 200 employees and generating ESI & EPF returns monthly.
 Controlling Inventory, monitoring stock movement and physical stock register and valuation.
 Coordinating with External Auditors & Govt. authorities for Financial and Statutory Annual Audit.

General Accountant at HEENA SPICES
  • India - Hyderabad
  • October 2002 to September 2006

Job Responsibilities:

 Keeping proper record of books and financial transactions of the organization on Tally package.
 Analyzing accounts and posting the day-to-day transactions of the organization.
 Preparing Bank Reconciliation statement with multiple banks
 Preparation of Sales Tax Returns, VAT returns and filing the same on monthly basis.
 Managed Accounts receivables and Accounts Payables function.
 Preparing payroll for more than 200 employees and assisting in ESI & EPF returns monthly.
 Preparation of monthly P & L Account for reporting to the Managing Director.
 Performed monthly & quarterly financial accounting reports for Management.
 Having control of the Inventory, with stock movement report and physical stock valuation.
 Preparation of Trail Balance and finalizing of accounts up to Balance Sheet.
 Coordinating with External Auditors & Govt. authorities for Financial and Statutory Annual Audit.

Education

Master's degree, MBA-Finance
  • at JNT University
  • June 2008

Master of Business Administration (MBA) with FINANCE Specialization - JNT University - Hyderabad 2008

Bachelor's degree, Commerce
  • at Kakatiya University
  • September 2002

Bachelor of Commerce - Kakatiya University - Warangal-AP India 2002

Specialties & Skills

Cost Accounting
Oracle General Ledger
Internal Audit
Financial Accounting
MBA Finance
Auditing
Trial Balance, Profit & Loss And Balance Sheet
Banking & Finance
Computing - Windows, MS-Office, Advance Excel, Email
MIS - Management Accounting
Financial Accounting
Accounting Softwares - Tally, Focus, Oracle ERP

Languages

Hindi
Expert
Urdu
Expert
English
Expert
Arabic
Beginner

Training and Certifications

Chartered Proficiency Test (CA Foundation) (Certificate)
Date Attended:
January 2010
Valid Until:
January 9999