Basir Ahmed Choudhury

Notable Achievements:
 Successfully managed complete accounting operations for multiple construction and contracting projects across the UAE.
 Reduced outstanding receivables and improved cash flow through effective collection follow-up and customer reconciliation.
 Implemented cost control measures that improved project profitability and reduced unnecessary expenses.
 Coordinated with external auditors and ensured successful completion of annual audits without major observations.
 Improved accounts payable processes, resulting in timely vendor payments and stronger supplier relationships.
Key Responsibilities:
 Handle complete accounting activities of the contracting company including GL, AP, AR, payroll.
 Maintain accurate financial records and ensure all accounting entries are properly recorded.
 Prepare monthly, quarterly, and annual financial statements and MIS reports.
 Monitor project-wise costing, budgeting, revenue, and expense tracking.
 Prepare and review subcontractor payments, supplier invoices, and customer billing
 Manage accounts receivable collections and follow up on overdue payments.
 Maintain fixed asset registers and depreciation schedules.
 Supervise and guide junior accountants and finance staff.

 Managed day-to-day accounting operations, overseeing the full spectrum of financial accounting including reconciliations, journal adjustments, and internal audits, while ensuring monthly, quarterly, and yearly closing of accounts and preparation of financial statements.
 Compiled and presented monthly, quarterly, and annual financial reports, providing real-time performance visibility across business functions.
 Generated accounting, purchase, and sales MIS reports for the Finance Manager and Group Financial Controller.
 Led the annual budgeting process, prepared group budgets, monitored progress, and kept senior leadership informed on financial performance.
 Reviewed and administered all financial plans and budgets, analyzed variances, and recommended corrective actions to drive profitability and process improvement.
 Maintained company financial health by improving AR and AP processes and implementing best practices to enhance efficiency.
 Supervised financial records to ensure accuracy, completeness, and compliance with reporting standards.
 Maintained books of accounts including general ledger, cash book, petty cash, and fixed asset depreciation schedules.
 Controlled expenses and conducted cost reduction analysis across company operations.
 Implemented best practices in cash flow management, monitoring revenues, liabilities, and credit conditions to forecast short-, medium-, and long-term positions.
 Managed payroll processing, including WPS file preparation and submission to Bank.
 Reviewed AP/AR entries before month-end deadlines, generated AR invoices, and prepared account statements.
 Oversaw intercompany reconciliations.
 Led, trained, and mentored a team of accounting professionals, building capability and fostering continuous improvement.
 Participated in ERP implementation, streamlining reporting processes and strengthening compliance.

• Handled the full scope of accounting functions (AR, AP, FA, GL and Payroll).
• Performed bank reconciliations, maintained general ledger, petty cash, and prepared journal entries.
• Implemented internal controls for managing payables, generating reports, and ensuring timely payments in line with company policies.
• Managed month-end closing, reconciled bank statements and customer accounts, processed L/Cs and bank guarantees.
• Prepared trial balances, updated charts of accounts, and coordinated with internal auditors to ensure timely completion of audits.
• Managed invoicing, collections, and vendor payments in line with contract terms.
• Developed annual budgets and conducted variance analysis.
• Prepared cash flow statements and monitored daily bank balances.
• Verified vendor invoices, processed payments, and maintained accounting accuracy.