Fahad Shaffi

• Managed general ledger accounting, ensuring accurate posting, reconciliation, and financial data integrity.
• Performed accounts payable and receivable processes, including invoice validation, payment processing,
and collections tracking.
• Executed bank reconciliations, journal entries, and month-end/year-end closing activities.
• Prepared and reviewed financial statements including balance sheet, income statement, and cash flow reports.
• Conducted variance analysis between budgeted and actual figures to support cost control decisions.
• Ensured compliance with VAT regulations, tax filings, and audit requirements.
• Maintained and monitored trial balance accuracy and resolved discrepancies promptly.
• Assisted in fixed asset accounting, including asset capitalization, depreciation, and asset register maintenance.
• Performed intercompany reconciliations and ensured accurate consolidation support.
• Handled expense tracking and cost allocation across departments.
• Supported internal and external audits by preparing schedules and documentation.
• Improved accounting workflows through ERP optimization and automation.
• Strengthened internal controls and compliance procedures to reduce financial risk.
• Monitored cash flow and liquidity position to ensure operational efficiency.
• Coordinated with cross-functional teams for accurate financial reporting.
• Resolved invoice discrepancies and improved vendor relationships by reducing delays.
• Maintained proper documentation and record keeping for audit readiness.