fahad ahmed

General Accountant at Armenian Trade House LLC

• United Arab Emirates - Dubai
• My current job since April 2011

 Comparing and negotiating prices of goods and services rendered by vendors and subcontractors.
 Preparing Budgets as well as conducting variance analysis to find out causes of deviation and undertaking corrective measures.
 Create and revise budgets for purchase, sales and marketing, and administrative departments.
 Managing basic banking activities like Reconciliation, Cash Management Services, Letter of Credits, Bank Guarantees, Bills Discounting, cheques discounting etc.
 Managing online banking functions, including payments under the supervision of superiors.
 Monitoring the funds position to ensure optimum utilization of available funds towards the accomplishment of organizational objectives.
 Customization of accounting software and creation of computerized financial reports as per requirement.
 Budgeting analyzing margins variances and cost analysis.
 Journalizing such as bank charges, interest on loan, loan repayment, sale of fixed asset and other prepayments and reconcile with general ledger account.
 Monthly and Quarterly preparation of cash flow and Income statement.
 Preparing monthly Budget control reports to analyze the variances between budgeted and actual figures and report in this regard to Chief accountant.
 Preparing staff payroll (WPS), leave salary, EOSB settlements and compensation & benefits.
 Ensuring timely initiation and proper compliance of statutory requirements under UAE labor laws.
 Liaise with bank independently for all LC transactions such as discounting of bills, LC amendment and follow up.

Accounting manager at Autohaus Middle East Co.

• United Arab Emirates - Dubai
• My current job since April 2019

Accountant – Payables & receivables at Greeting Group of Markets

• United Arab Emirates - Dubai
• March 2009 to March 2011

 Ensuring that all the vendors’ and customers accounts are maintained up to date and reconciled.
 Ensuring timely submission of statement of accounts to all customers and maintain the proof of delivery.
 Keeping track and process accounts and incoming payments in compliance with financial policies and procedures
 Resolving collections by examining customer payment plans, payment history, credit line, coordinating contact with collections department.
 Reviewing of all supplier invoices for appropriate documentation and approval prior to payment.
 Preparing of credit facility agreements/contracts and liaising with suppliers & clients.
 Prioritizing supplier invoices according to cash discount potential and payment terms.
 Processing of Cheque’s request and matching invoices to Cheque’s, obtain all signatures for cheque’s and distribute cheque’s accordingly.
 Reconcile vendor statements, research and correct discrepancies.
 Handling Petty cash, collecting the bills for the payments done, scrutinizing them carefully, getting approval from the Managers and maintaining a petty cash register on a daily basis to have proper control.
 Supporting other accounting projects, as necessary.

sales & Marketing Executive at Cell Tec Communication

• India - Bengaluru
• November 2007 to April 2008

 Involved in aspects of marketing including planning, advertising and promotion.
 Greeting all customers promptly and provide attentive services to the customers.
 Been very friendly and try to develop client base by keeping the personal data of the customer.
 Responsible to satisfy the customers and know about the latest fashion trends.
 Be capable of suggesting a perfect match to the customers and be aware of the features, Advantages and benefits of the products
 Handle the inventory carefully and creation of brand awareness.
 Analyzing sales statistic and determining sales potentials and inventory requirements.
 Carrying out market research and customer surveys to assess demand, brand positioning and awareness