Senior Accountant
Mustafa Furnishing Industries FZC
مجموع سنوات الخبرة :11 years, 6 أشهر
Mustafa Furnishing Industries group of companies is one of the well known furniture and carpet manufacturing & retail concern of U.A.E.
My Job duties here include:
-Performing Inter Company Reconciliations. Mainly of parent company and its carpet manufacturing subsidiary.
-Bank Reconciliations.
-Receivables Management.
-Assisting Chief Accountant in preparation of Monthly, Quarterly and Yearly Financial Statements, Budgets and Forecasts.
-Local Bill Discounting (LBD) & PDCs management.
-Assisting manager finance With L.Cs documentation and management.
HighLights:
-Participated in Internal control improvement and
implementation process.
- Devised System for tracking of PDCs and LBD
Cheques effectively and efficiently.
- Replaced Obsolete system of closing process and
improved the process by 2 days!
- Participated and conducted in-house training
sessions.
Luxurion Developers, a startup company engaged in real estate development and construction industry. There I was responsible to build accounts department from scratch and for implementation of internal controls and corporate governance.
My on job responsibilities included to:
-Recommend financial actions by analyzing accounting options.
- Assist in summarizing current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
- Substantiate financial transactions by auditing documents.
- Maintain accounting controls by preparing and recommending corporate governance policies and procedures.
- Guide accounting clerical staff by coordinating activities and answering questions.
- Reconcile financial discrepancies by collecting and analyzing account information.
- Filing of Monthly GST (VAT) Tax Returns at FBR online portal.
Highlights:
- Acted as liaison point between company and Bespoke ERP implementation team.
- Introduced and implemented Internal controls and corporate governance policies and procedures.
- Conducted in house Training sessions.
- Liaison at various levels of client personnel including top management to maintain cooperative relationships. Participating in the initial planning and closing meetings.
- Identification of business risks and financial statement risk areas and developing a strategy to address these.
- Performing combined risk assessment considering inherent and control risk.
- Designing audit programs for test of controls and substantive procedures.
- Ensuring that the financial statements prepared by the client are in accordance with the International Financial Reporting Standards (IFRS) and all applicable local laws and regulations.
- Encourage teamwork and develop people by encouraging individuals to think for themselves and take responsibility for their contribution to team and sharing knowledge with team to enhance service quality.
- Preparation of other deliverables, such as management letter identifying internal control weaknesses, business improvement opportunities, legal non compliance and accounting system deficiencies, their resultant risks and suggestions to improve.
- Understanding and documentation of control environment and accounting system.
- Performing the walk through and test of controls highlighting the issues/ matters.
- Performing substantive procedures including analytical procedures (Ratio analysis, trend analysis, horizontal and vertical analysis, industry comparisons, business performance over the years) and test of details highlighting the issues/ matters.
This refers to equivalence of Acca Qualification to Masters as per rules of United Kingdom.
I completed my ACCA qualification in 2014, and in March 2016 became member of the esteemed global body of professional Accountants.
This refers to my C.A.T Certificate