mohamed sakoor ifraz mohamed, Senior Accountant

mohamed sakoor ifraz mohamed

Senior Accountant

QMMC Trading and Contracting

Location
Qatar
Education
Bachelor's degree, Applied Accounting
Experience
10 years, 2 Months

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Work Experience

Total years of experience :10 years, 2 Months

Senior Accountant at QMMC Trading and Contracting
  • Qatar - Doha
  • My current job since February 2020

Qatari Modern Maintenance Company (QMMC) is a Fully Owned Subsidiary of Al Faisal Holding Group
which was established in the year 2000 to offer electro-mechanical contracting services to the construction and industrial sectors. Since then, QMCC has expanded its operations to play an essential role in the development of many of Qatar's key projects.

Senior Internal Auditor at Al Mana and Partnes
  • Qatar - Doha
  • March 2018 to January 2020

• Review the organization's business processes are in line with the Objectives
• Evaluate the risk management procedures that are currently in place and recommend for any lapses
• Protect against fraud and theft of the organization's assets by attending physical verification and Security Controls
• Assessing how well the business is complying to rules and regulations and informing management of any issues
that need addressing
• Present an annual internal audit plan by reference to the risk management framework to the Managing Director for
their approval.
• Develop and maintain the Internal Audit Procedures to ensure that best practice is taken account of and that the
audits address specific areas of risk management
• At the conclusion of audit visits to provide a full briefing to the relevant issues to the Responsible holders ensuring
that their comments are recorded as part of the review.
• Agree action plan necessary to implement the audit recommendations with the Management of relevant
department.
• Present the audit report to the Managing Director, highlighting any areas of concern and the resultant action plan.
• Monitor the implementation of any recommendations and Audit follow up to verify issues have been adequately
addressed by management

Senior Accountant and Internal Auditor at Ajaj Group
  • Qatar - Doha
  • March 2016 to February 2018

Compiled and prepared detailed financial statements in accordance with IFRS.
• Prepared monthly account reconciliations (Bank Accounts, Accounts Receivable and Accounts Payable).
• Assist with analysing financial statements monthly and report reasons for the variances in comparison to budget.
• Managed accounts payable, accounts receivables, daily invoicing and general ledger transactions.
• Report to management regarding the finances of the company.
• Debit and credit total accounts on computer spreadsheets and databases using specialized accounting software.
• Managed Inter Company Transactions, Payables and Receivables monthly to report to Board of Directors and
Finance manager for Making Policy Decisions.
• Prepare Monthly Payroll of the Employees and Process the Bank Transfer to comply with WPS.
• Direct preparation of bank deposits by verifying and balancing the receipts and sending cash, checks or other
forms of payment to banks.
• Administer calculation and preparation of checks for utilities and other supplier payments.
• Perform Internal Audit at Intercontinental Doha the city on a weekly basis and report on the Weakness in the
Internal Control System.

Senior External Auditor at Pricewaterhousecoopers
  • Maldives - Male
  • March 2014 to February 2016

Responsible for comprehensive completion of all areas of audit work from planning to finalization of audits in a timely and
competent manner.
• Planning an audit through evaluating and understanding the clients' business environment.
• Development of audit procedures using risk-basedapproach.
• Responsible for identifying and assessing thekey financial risk andcontrol risk of the entities through understanding and evaluation
ofinternalcontrolframework, evaluationofrelevantcontrolactivitiesoftheorganizationandanalysingthefinancialinformation
to assess and respond to key auditrisks.
• Ensuring accounting records are in line with International financial reportingstandards.
• Evaluating and ensuring adherence to corporate governance, ethical and other regulatory requirements.
• Draftingmanagementreports toBoardofDirectorshighlightinginternalcontrolweaknesses/inefficiencies alongwith
recommendations.
• Managing an effective communication channel between teammembers.
• Evaluation of significant business, financial, compliance, and operational risks.
• Reporting system weaknesses and securitylapses.
• Recommending ideas to improve internal control systems of organizations in line with industry best practice.
• Liaisewithclientstaffonmatterspertainingtotheproperconductoftheaudit, includingtimingofauditandreporting
requirements.
During that time, I had carried out the below portfolio of external audit clients as an Audit Team Leader and responsible
for managing all the Audit, Technical and Project Management related issues arising during the process.

Education

Bachelor's degree, Applied Accounting
  • at Oxford Brookes University
  • January 2022

1. Critically evaluate accounting concepts and principles and their application in solutions to practical accounting problems. 2. Prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards; and to analyse and interpret such financial statements. 3. Use relevant management accounting techniques with cost information, for planning, decision-making, performance evaluation and control, within different business settings. 4. Apply financial management techniques to issues affecting investment, financing, and dividend policy decisions of an organisation. 5. Understand the general legal framework, and apply specific legal principles relating to business, including taxation legislation as applicable to individuals, single companies and groups of companies.

Higher diploma, Accounting & Finance
  • at Association of Charted Certified Accountants UK (ACCA)
  • January 2022

ACCA Finalist

Specialties & Skills

Proven Leader
Working Abroad
Honesty
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
BUDGETING
DATABASE ADMINISTRATION
FINANCE
FINANCIAL
FINANCIAL STATEMENTS
GENERAL LEDGER

Languages

English
Expert