ASHPAK SHAIKH, Freelancer Accountant

ASHPAK SHAIKH

Freelancer Accountant

Outsourcing

Location
United Arab Emirates
Education
Master's degree, Accounting
Experience
17 years, 0 Months

Share My Profile

Block User


Work Experience

Total years of experience :17 years, 0 Months

Freelancer Accountant at Outsourcing
  • United Arab Emirates - Dubai
  • December 2020 to December 2022

Handling the day-to-day transaction coding, accounts receivable, accounts payable, payroll for 4 small scale Businesses

Group Chief Accountant at Dentsu Aegis Network
  • United Arab Emirates - Dubai
  • August 2018 to September 2020

Dentsu Aegis Network Ltd. is a multinational media and digital marketing communications company.

Reporting to Finance Director & Group CFO. Responsible for managing team of 6 junior accountants.

Last drawing Salary - AED 18, 000/-pm + Family benefits (Visa+Medical Insurance+Airticket)

Duties & Responsibility

 Preparation of Monthly GRP ( Group Reporting Pack) - Responsible for timely monthly submission of consolidated financial statements to HQ in UK

 Month End Closing - Responsible for Month End Closing, approving month end close entries like outstanding, prepaid, depreciation.

 GL Entries & Balance Sheet Reconciliation - Responsible for GL & Balancesheet reconciliation through Blackline.

 Analyzing Financial Statement & Reporting in Variance - Performing variance analysis between budgeted and actual revenues and expenditures on a monthly basis; highlighting key areas of concern

 Management of Fixed Assets - Maintaing Fixed Assets Register. Tracking addition, disposal & Sales of Scrap items, Tracking the movement of cash inflows and outflows and assuring that sufficient funds are available in petty cash for CAPEX and OPEX expenditures;

 Petty Cash Management - Handled Petty Cash, responsible for ensuring that petty cash expenses are appropriate and in accordance with Group and local policies, disbursing cash from a petty cash account, documenting expenditures and keeping receipts, reconciling the account on weekly basis.

 Payroll Management - Responsible for Payroll calculation, arrears, deduction, calculation of Bonus, EOSB, Commisison, Medical & Travel allowance through trip. Reconcile report with HR

 Ownership of Internal & External Audit - Responsible for yearly Internal & Interim, External Audit & Fixed Assets audit.

 Forecasting & Budgeting - Support FC on forecasting and budgeting. Supporting FM in ensuring that inter company cost allocations are in line with management agreements and transfer pricing policy

 Day to day Finance - Review & approving AR, AP, GL, Cash, Bank Recon entries passed by collegues, managed team of six junior accountants.

 Internal Reporting - Responisible for providing Sales Report, Cash Flow on weekly basis, AR & AP Ageing Analysis

Senior Accountant at Smiths Detection Middle East FZE
  • United Arab Emirates - Dubai
  • April 2013 to May 2018

Smiths Detection is UK based MNC, A world class manufacturer of detection and screening technology for the Aviation, Ports & Borders, Urban Security and Military.

Last drawn salary - AED 19, 625/- pm + Family benefits
Reason for leaving - Completion of Project based limited contract

Reporting to Financial Controller and responsible for managing team of 4 accountant.

Responsible for :
- Handle full spectrum of financial and accounting role eg. AR, AP, GL, Cash & Bank transaction, Forecasting, Budgeting for ADAC Project
- Responsible for day to day finance and accounting operations of Project, Review & approve invoices payment vouchers & journal entries
- Perform project based cash flow forecasting on weekly basis, project cost forecasts/budget, cost tracking, monitoring and controls
- Ensure timely closing of accounts each month
- Responsible for monthly consolidated financial statements, cash-flow management reporting for submission to HQ in UK through CPM reporting tool.
- Working closely with the operations and project teams in analyzing margins, variances and cost analysis. Analysis of cost charged to project
- Issue project cost reports for review and approval.
- Support CFO in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
- Support Finance Manager for Internal & External Audit

Senior Accountant at SPARK COMMODITIES DMCC
  • United Arab Emirates - Dubai
  • May 2011 to January 2013

Responsible for Overall Accounting till Finalization of Accounts & Preparing financial
statements.

Senior Accountant at KEY INFORMATION TECH LLC
  • United Arab Emirates - Dubai
  • March 2006 to March 2011

Overall supervision of the Accounts Department, controlling the team of 6 Accounts supervisor

Accounts Executive at S.N.AFRICA LTD
  • Tanzania
  • June 2005 to June 2006

Education

Master's degree, Accounting
  • at University Of Pune
  • April 1998
Master's degree, Costing & Accounting
  • at Institute of Cost & Works Accountants of Indi
  • May 1995

Completed 3 groups of ICWAI, appearing Final

Bachelor's degree, Accounting & Auditing
  • at University of Pune
  • April 1994

Specialties & Skills

Budgeting and Forecasting
Monthly Reporting
Monthly Close
Day to day Operations
SAP R/3
Analytical Skills
Work under pressure
Spreadsheet Profeciency
SAGE Line 500
Quicknooks
Visual Dolphin
SAP FICO
Cost Control
Financial Consolidation
Financial Analysis
Credit & Treasury Management

Languages

English
Expert
Hindi
Expert
Urdu
Expert

Training and Certifications

SAP FICO R/3 (Certificate)
Date Attended:
July 1995

Hobbies

  • Playing musical instruments