Mohamed Aafir

As an Assistant Accountant, I was responsible for managing financial records and preparing reports while ensuring compliance with accounting regulations and standards. I conducted financial analyses, including project profitability, cost controls, and margin assessments, to support strategic decision-making. My role involved monitoring cash flow, managing petty cash, and overseeing budgeting and forecasting processes to maintain financial stability. I prepared consolidated financial statements and reports for both internal and external stakeholders, handling month-end and year-end closings efficiently. Additionally, I managed accounts payable and receivable, processed invoices, and tracked expenses with accuracy. I audited cash flow management practices and asset lifecycle processes, identifying cost-saving opportunities and mitigating financial risks. Assisting the Senior Accountant with audits and tax preparation was also a key part of my role. I handled petty cash and oversaw business transactions to ensure smooth financial operations. Leveraging advanced MS Excel, I streamlined tasks and implemented financial tools to enhance efficiency. Furthermore, I reviewed accounts payable, receivable, and payroll processes to identify discrepancies and improve accuracy and efficiency.

I have worked in At Brandix Pvt Ltd as Assistant Accountant. I was managing and overseeing the company’s financial operations and ensuring adherence to accounting principles. My responsibilities encompassed daily accounting tasks including recording journal entries in the accounting system, maintaining accurate and up-to-date financial records and overseeing the setup and closure of the full books of accounts. I also implemented and monitored internal financial controls to enhance the integrity and efficiency of financial processes. A significant part of my role involved preparing and managing financial documents such as invoices, receipts, payments and general ledger entries, while also maintaining detailed records of petty cash transactions. I ensured accurate reconciliation of client accounts receivable, vendor accounts payable, bank statements, credit cards, and petty cash ledgers. Additionally, I prepared and analyzed financial statements in compliance with International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS).

I managed accounts receivable (AR) and accounts payable (AP) along with payroll administration, ensuring the timely and accurate processing of vendor payments through cash, checks and bank transfers. My role also included preparing stock reports for annual audits, assisting in budgeting and forecasting and managing fixed assets registers and related schedules, including loans and leases. Furthermore, I contributed to pricing strategies through detailed margin and mark-up analyses.
Supporting the company’s annual audit was another critical aspect of my role, where I collaborated closely with auditors to provide accurate financial data and ensure compliance with regulatory requirements. This diverse set of responsibilities required a meticulous approach to financial management and strengthened my expertise in accounting and finance within a dynamic corporate environment of Brandix Pvt Ltd.

The my role in this MAXAIRE (PVT) Ltd in Sri Lanka is pivotal in managing financial and accounting activities tailored to the construction sector. my responsibilities encompass maintaining accurate records of financial transactions, including accounts payable, receivable and general ledger entries. i have assisted in preparing project budgets, monitoring expenses and ensuring alignment with allocated funds. Additionally, i have handled billing processes by preparing and verifying invoices for clients, subcontractors, and vendors, while ensuring timely collection and payment disbursements.

I managed payroll for both on-site and administrative staff, ensuring compliance with labor laws and statutory contributions like provident funds. I have also tracked project-specific financials, including Work in Progress (WIP) reports, cost allocation, and profitability analysis monthly.

Overall, I have played a crucial role in ensuring financial efficiency, regulatory compliance and project profitability within MAXAIRE (PVT) Ltd in Sri Lanka.

As an Audit Associate and Accounts trainee at MNR Associates Chartered Accountants, I am responsible for leading and managing various aspects of the audit process for a diverse portfolio of clients. My role involves planning and executing audit engagements, performing substantive testing of financial transactions, and ensuring that financial statements comply with applicable accounting standards and regulatory requirements. I also evaluate clients' internal controls, identify areas of risk, and provide recommendations to strengthen processes and mitigate risks. Additionally, I prepare detailed working papers, document audit findings, and draft audit reports and management letters with actionable insights. My position requires regular communication with clients to gather information, resolve queries, and ensure the efficient and timely completion of audit assignments. Working in this role has enhanced my expertise in auditing and accounting practices, while allowing me to develop strong analytical, leadership, and client management skills.