Imran Khan

Financial Reports:
Preparing monthly financial statements Profit & Loss, Balance Sheet & Cash Flow.
Presenting Financial Reports to COO & shareholders in monthly meetings.
Preparing Financials as per GAPP, IFRS & UAE Regulations.
Preparing Financials Variance Analysis, Act vs Budgeting.
Financials Ratios Analysis & report key areas to Mgt for improvement.
Sales Vs Projections Report to identify the Gap & improve the sales.
Sales Vs Collection Report to improve the cashflow and working capital.

Operational & Performance Reports:
Contract reviewing & doing profitability session of each contract.
Creating staff utilization report, specially trainers to measure the performance of the
business activity & find the utilization percentage is favorable or need to improve.
Creating POs Vs Billing report, to increase the billing and close the opening POs.
Weekly Act. Sales Vs Projected Sales report to push sales & Mkt deptt improvement.
Weekly Sales Vs Collection report to insure the smooth Cashflow.

Consolidation of Financial Report:
Consolidate the financial statements of KSA & UAE branches by combining Parents &
its subsidiary information after required adjustments.

Financial Planning & Analysis (Budgeting & Forecasting):
Collaborate with departments to provide data for annual budgets.
Creating mini budgets for each department and merge into Master Budget
Review and analyze the budget for Completeness and Accuracy.

Cash Flows Management & Banking:
Sharply looking into Cash inflows and Outflows.
Regularly Monitor Sales Vs Collection to avoid any Cashflow issues.
Bring most of the vendors to credit terms payment.

Accounts Payable & Receivables: Looking into AP & AR report and paying according
to the payment terms and condition.
Reviewing regularly AR aging to improve our collection.

Risk Management (Internal Controls):
Financial Compliance (VAT & CT):
Inter-Company:
External Audit:
Team Leadership:

Financial Reports:
Preparing monthly financial statements Profit & Loss, Balance Sheet & Cash Flow.
Presenting Financial Reports to CEO & Partners in monthly meetings.
Preparing Financials as per GAPP, IFRS & UAE Regulations.
Preparing Financials Variance Analysis, Act vs Budgeting.
Financials Ratios Analysis & report key areas to Mgt for improvement.

Consolidation of Financial Report:
Combine & consolidate the financial statements, by combining Parents & its subsidiary
information after required adjustments.

Financial Planning & Analysis (Budgeting & Forecasting):
Collaborate with departments to provide data for annual budgets.
Creating mini budgets for each department and merge into Master Budget
Review and analyze the budget for Completeness and Accuracy.
Doing the variance analysis of Actual vs Budgeted financial reports.
Updates the budgets as per required changes by the Mgt.

Cash Flows Management:
Sharply looking into Cash inflows and Outflows.
Regularly Monitor Working Capital to avoid any Cashflow issues.
Bring most of the vendors to credit terms payment.
Upon Purchase requisition (PR) approval, asking for the outcomes as well.

Online Banking: Handling company banks, Corporate cards, online payment to
partners and bank reconciliation.

Accounts Payables & Receivables: Handling AR & AP by booking invoices into system.
Reviewing reconciliations, discrepancies adjustment & making payments to vendor.
Sales reconciliations and payment receipt entry into system.
AR & AP Aging analysis and follow ups with concern parties.

Risk Mgt (Internal Controls):
Daily looking into Cash and Credit Card sales particularly Cash to avoid cash risk.
Looking into internal process of kitchen & redefine to avoid wastages.
Continuously looking on menu products and its costing to avoid variance.
Check on Inventory, Wastages and Cogs.
Working and improving COGS by careful & continuous reviewing.

Financial Compliance (VAT & CT):
Creating monthly VAT Report & Submitting Quarterly filling to FTA online Portal.
Registered our company for CT & handling ahead for filling.

System Implementation & Migration:
Our company was using ERP Next. It was not fulfilled our company requirements. We
transfer and migrate from ERP next to ODOO.

Inter-Company: Booking inter company transactions and reconciliations.

Audit: Coordinating with external audit team.
Providing the financials and other docs as per the Auditor request & queries. Timely
ensure of Annual Audit Report completion.

Team Leadership:
Leading & managing the finance team. Provide guidance, support and develop the
skills of the team members. Providing training on accounting transactions as necessary.

Financial Reporting: Preparation of P&L, Balance Sheet, Cashflow, Change in equity

Presentation FS: Presentation of Financial Statements to CEO & Shareholders.

Group Cashflow: Preparation of Group Cash Position statement
(Parent & Subsidiaries).

Inter-Company: Booking and recording of inter company transactions and
reconciliations on daily basis to avoid any discrepancies.

AR & Revenue: Contract reviewing, Revenue recognition & assigning to each cost
center or project. AR booking as per contract.

AP & COGS: Vendors billing, Materials and labor costing assigning to each project.
Handling Accounts Payable and Receivables.

Accruals & Prepayments: Monthly closing entries of Staff, vendors and other
accruals and prepayments in the system.

Aging report: Aging report of AP & AR.

Project Feasibility reports, Financial Planning,

Financial Modeling in XLS Company

financial projections & budgeting

Defining Accounting Process, Restructuring COA &
ERP implementation as per business need

Bank Reconciliation, AR and AP reconciliations

Accruals and Prepaid booking and monthly closing to follow matching principal.

Preparation of company payroll & processing via WPS and Cash.

Handling Fixed Assets & Amortization charging at the end of the month.

ADVANCE user of XLS

Creating monthly VAT Report & Submitting Quarterly filling on FTA online Portal.
Registered company for Corporate tax.

SOfTWARE_SAP (Fico Module)
Duteis & Responsibilities:
Preparation of Financial Budgeting & Projection Statements.
Preparation of Financial Reports every month (Profit & Loss, Position Statement (BS) & Cash Flow)
Profit & Loss & Balance Sheet Statement financial ratios (such as Profitability, Liquidity, Solvency, A/R & A/P etc.)
Non-Current Assets schedule maintaining
Prepayments & Accruals Schedules
Bank Reconciliations, A/Ps & A/Rs.
Preparation of weekly Group Cash Position Statement
Intra-Company transactions & reconciliation
Company bank accounts handling & making online transfers & payment to suppliers.
Payment of Utilities bills such as ADDC, Dewa, Alpha, Esta, Etisalat and Du.
Handling Petty Cash of the company and verifying all the petty cash expenses.
Preparation of monthly payroll and proceeding with SIF for WPS.
Monthly closing and adjustment Entries such as Depreciation, Gratuity, Accruals, Prepayments, Rent and Pest control.
Dealing with suppliers and making cost benefit analysis.
Audits and checking the daily general cashier's report.
Post all payment vouchers into the ledger timely basis Complies with all financial policies & procedures.
Record of credit card transaction and entries for online credit transactions.
Knowledge of POS system.
Proper documentation of all invoices and vouchers.
Handling Inventory of the company, Such food item, Prep items, Trade and Cleaning items ETC
On the spot checking of inventory
Weekly Inventory report submission to Manager
Monthly inventory counting, comparing with physical inventory with system.
VAT Registration for the company
Handling Company group VAT
VAT Calculation and its reconciliation
Preparation of monthly summary of VAT return & submission to FTA.

Financial statements (Statement of comprehensive income/ Profit & Loss, Position statement/ Balance Sheet, Cash Flow & Retain Earning) & Financial Reports
Preparing analytical analysis (Ratio Analysis) - Profitability, liquidity, efficiency, debt management ratios and aging analysis.
Financial Projections, Modules & Budgeting
Consolidation & Inter-company accounts
Handling of Account Receivable / Account Payable & Reconciliations Statements
Suppliers payment processing and A/R collection and follow-up via Emails
Dealing with Bank and preparation of Bank Reconciliation Statement
Preparation of Non-Current Assets Schedule
Depreciation calculation and maintaining in Excel.
Preparation of monthly payroll and proceeding with SIF file for WPS.
EOSB (Gratuity) Calculation
Handling Petty Cash of the company and verifying all the petty cash expenses.
Handling purchases, creating purchase orders and forwarding to suppliers.
Post all payment vouchers into the general ledger timely basis Complies with all financial policies & procedures.
Record of Credit/Master card transaction and entries for online credit transactions
Handling Inventory of the company, Such food item, Prep items, Trade and Cleaning items ETC
Monthly inventory counting, comparing with physical inventory with system.
Inventory Weekly & Monthly report submission to Finance Manager
Audits and checking the daily general cashier's report.
Suppliers cost benefit analysis.
Cost Analysis, comparing with competitors and fixing flexible cost.
Monthly closing and adjustment Entries such as Depreciation, Gratuity, Rent and Pest control etc
Handling Accruals and Prepayments
Payment of Utilities bills such as ADDC, Etisalat and Du.
Audits and checking the daily general cashier's report.
Cheque preparation / Payment processing.
VAT Calculation and its reconciliation
Preparation of monthly summary of VAT tax.
Online submission of TAX RETURN and payment to FTA (Federal Tax Authority)
Proper documentation of all invoices and vouchers.

Work Experience:
Prepare & assist with company financial budgets with formulation of policies & procedures to avoid deviations.
Performed & supervise day-to-day accounts & financial works, include the audit planning, control testing, substantive works, supervision of junior staffs, reporting and completion
Preparation and analysis of financial statements with periodic presentations & reporting to senior management.
Comprehensive knowledge and experience in accounting principles and procedures.
Excellent analytical skills with ability to achieve results through cross-team functions.
Excellent skills in oral and written communication with strong interpersonal skills highlighted by an ability to negotiate.
Sound ability to recognize and evaluate the materiality and significance of deviations.
Ability to multi tasks & work under pressure with tight timelines.
Performed external & Internal audit on the company’s financial statements
Investigated & solved all material issues raised by inquiries from professional or regulatory authorities
Administer, supervise & maintain all book of accounts with both computerize & manual record tracking.
Ensured that all the statements and reports are free of material misstatements & keep it ready for observation by the top management or external auditors.
Evaluated & maintain company fixed assets record with regular depreciation of machinery, vehicles building etc.
Evaluation of industry and business risk with financial & internal control reporting
Maintained professional communication with various levels of clients
Understanding nature of business environment and business cycle of client.
Applying test of controls / substantive tests on fixed assets, debts, leases, receivables and payables, inventory, revenue, expenses and employee compensation.
Maintenance of books of accounts, general ledger, receivables, payables, reconciliations, payroll, inventory management, fixed asset management.
Preparing financials (includes Balance Sheet, Profit & Loss Account, Changes in Equity, Cash Flow) and finalizing accounts in accordance with IFRS and IAS. MIS Reports and Auditing of establishments including statutory audit and internal audit.
Preparing analytical analysis (Ratio Analysis) - Profitability, liquidity, efficiency, debt management ratios and aging analysis.

Work Experience:
Preparation of yearly Financial Statements for different clients (As per legal requirements and As per International Financial Reporting standard).
Auditing knowledge and experience in all aspects of Statement of Comprehensive Income (SOCI), Statement of Cash Flows (SOCF) and Balance sheet (SOFP) except equity portion.
Working on profit and loss items (i.e. revenues and expenses).
Applying Analytical procedure on different account heads for scrutinizing the financial result reported by company.
Calculating different ratio in companies audited Financial Statements to analyze the Companies performance over the period.
Applying audit procedure on Balance sheet heads (i.e. Assets, Liabilities and Equities).
Review company internal control (i.e. Revenue cycle / Purchases cycle).
Dealing with banks and obtain direct confirmation from different clients bank to ensure the bank balance in given financial data.
Examine Inventories and performing stock take to verify journal and ledger entries.
Resolve client enquiries and issues relating to Audit function.
Ensure compliance of best practice of all audit procedures and standard.
Report to the management about finding during audit and reviewing internal controls.
Issuing invoice for customer and sending statement of accounts on regular interval and follow up on receivable for prompt collection.
Preparation of monthly income and expenditure statement, analyze any variance and make recommendation to management.
Preparation of Debtors and Creditors reconciliation statements.

Working under the supervision of Finance Manager responsible for smooth running of the processes of the Accounting and Finance section on business level. Main day to day responsibilities include the following;
• Maintenance of petty cash.
• Checking and verifying Cash Payments/Receipts Vouchers and Cash book.
• Maintenance of Bank book.
• Checking and verifying Bank Payments/Receipts Vouchers and Bank book.
• Preparing of periodic reconciliations of physical cash with the records and following up any discrepancies, if any.
• Depositing the cheques and cash received in office on daily basis.
• Updating customers regarding the status of payments made and dishonored cheques.
• Preparation monthly bank reconciliations for different bank accounts.
• Receive and verify invoices.
• Initially enter invoices in accounting system.
• Verify compliance with financial policies and procedures.
• Verify account coding and chart of accounts.
• Confirm appropriate authorization has been obtained for payment.
• Assist Auditor pulling documentation for the annual financial audit.
• Maintain the general ledger.
• Maintain updated vendor files and file number.