Assistant Manager
RAKBANK
مجموع سنوات الخبرة :11 years, 4 أشهر
• Responsible for VAT related compliances, including ensuring that the returns are complete, accurate, and lodged and paid in a timely matter.
• Compliance and accounting of VAT liabilities for the Bank
• Responsible for the Issuance of the Tax Invoices/ Credit Notes for the Bank
• Managing VAT implementation strategies, executing VAT compliance, planning and internal procedures
• Preparing, validating and submitting all required Tax returns & other accounting and financial records, supporting schedules and any documentation & responses as may be required by the Federal Tax Authority.
• Implementation of VAT principles, policies and processes to ensure completion and compilation of VAT mechanism
• Acting as the single point of contact for all VAT-related activities and providing periodic training and mentorship to departments concerning VAT implementation, documentation and compliance.
• Keeping abreast of all VAT-related laws and rules and providing the necessary Tax advice.
• Determining the VAT compliance implications associated with various business initiatives/proposals.
• Ensuring compliance of VAT data collection, review, consolidation, preparation and payment of VAT liability.
• Preparing and submitting to the management monthly reports on the VAT activities and managing the necessary internal controls
•Responsible for VAT related compliance's, including ensuring that the returns are complete, accurate, and lodged and paid in a timely matter.
•Compliance and accounting of VAT liabilities for the Bank
•Responsible for the Issuance of the Tax Invoices/ Credit Notes for the Bank
•Managing VAT implementation strategies, executing VAT compliance, planning and internal procedures
•Preparing, validating and submitting all required Tax returns & other accounting and financial records, supporting schedules and any documentation & responses as may be required by the Federal Tax Authority.
• Implementation of VAT principles, policies and processes to ensure completion and compilation of VAT mechanism
•Acting as the single point of contact for all VAT-related activities and providing periodic training and mentor ship to departments concerning VAT implementation, documentation and compliance.
•Keeping abreast of all VAT-related laws and rules and providing the necessary Tax advice.
•Determining the VAT compliance implications associated with various business initiatives/proposals.
•Ensuring compliance of VAT data collection, review, consolidation, preparation and payment of VAT liability.
•Preparing and submitting to the management monthly reports on the VAT activities and managing the necessary internal controls
•Handled the accounting between Anheuser-Busch InBev & Accenture to ensure compliance with Accenture financial policies and procedures
•Monitored the capitalization & amortization, Working capital & inventory & Involved in the advance Forecasting & Variance analysis for 1000 + employees
•Managed expenses including the review and follow up on questionable and invalid expenses and monitor non Accenture expenses, segregation of capitalized and non capitalized items
•Raised the Invoices in SAP and obtain the necessary approvals and signatures before forwarding the same to the client
•Managed the Receivables, prepared the Aging Report and analyzed the same
•Reviewed & analyzed the Billing files in coordination with the Contract management team, check for arithmetic accuracy, verifying the discrepancies with the signed contracts
•Maintained the Trackers including the Invoice tracker, Inventory tracker, PO Tracker, sales tracker, SOW Tracker, Contract tracker
•Managed a team of 3 to process the accounting for a Leading chain of 6 Hospitals, a Pharmacy and an Online medical portal in London- DMC Healthcare
•Initiated & executed process improvement for increasing team efficiency
•Reviewed monthly payment run as well as ad-hoc payments to process the Payments to 300 Suppliers which included the processing of over 1000+ Invoices on a monthly basis
•Ensured the on time submission of the monthly Management accounts including Profit and loss reconciliation balance sheet reconciliations like accruals Cash flow statements & Treasury Management and prepayment release.
•Reviewed and audited all accounts receivable, accounts payable, purchase orders, receipts, payments, and other accounting records and transactions
•Recruited, trained and developed team members
Cargo Service Center (CSC) is a premier air cargo handling company established in India offering Airport Services, Cool Chain Logistics (FMCG) & Consultancy Services
•Assisted in Annual Budgeting to support Management to take strategic decision
•Maintained accurate financial records including but not limited to booking and settling supplier invoices, raising customer invoices, journal vouchers, reconciling of expenses, advances, , preparing intercompany reconciliations and internal vouchers, balance sheet schedules, trade debtors and Payables and variance analysis with budget/ forecast
•Maintained the Fixed Assets Register, depreciation calculations, including asset verification
•Participated in the year-end audit by compiling and preparing supporting schedules, work papers, and financial reports as requested by auditors
•Prepared annual financial statements in adherence to accounting standards and relevant statutory framework
Master of commerce
Chartered Accountant
Bachelor of Commerce