Financial & Audit Advisory Consultant
Nezam Accounting & Management Consultants
مجموع سنوات الخبرة :21 years, 7 أشهر
NAMC has rapidly expanded to a team of qualified professional accountants,
Auditors & business Consultants across UAE.
NAMC is distinguished as one of the leading accounting and Auditing offices in
UAE, providing financial and consultancy services to meet the growing needs of
the business community across a range of industry sectors.
As a Financial & Audit Advisory Consultant, I was assigned to provide the
following services to clients: ACCOUNTING OUTSOURCING, INTERNAL AUDIT &
VAT IMPLEMENTATION:
Performed and controlled the full audit cycle including risk management and control
management over operations’ effectiveness, financial reliability and compliance
with all applicable directives and regulations
Determined internal audit scope and develop annual plans
Obtained, analyzed and evaluated accounting documentation, previous reports,
data, flowcharts etc
Prepared and presented reports that reflect audit’s results and document process
Acted as an objective source of independent advice to ensure validity, legality and
goal achievement
Identified loopholes and recommended risk aversion measures and cost savings
Maintained open communication with management and audit committee
Document processed and prepared audit findings memorandum
Conducted follow up audits to monitor management’s interventions
Engaged to continuous knowledge development regarding sector’s rules,
regulations, best practices, tools, techniques and performance standards
Leading external certification/surveillance audits on behalf of the organization as
and when required
Plans and executes work with required quality and within agreed schedule, contract
and budget
Understands relevant international standards and practices
Worked independently within several areas and disciplines
Provided support, coaching, training and development to less experienced auditors
and accountants
Communicated and influenced, using appropriate channels (face-to-face, verbal
and written), in a clear, open, respectful and honest manner
Actively contribute to the success of the team and collaborates to create results
Built solid personal and professional relationships
Provided assistance to senior management of the Company in setting the short, and
long-term objectives and procedures.
Developed and guided on the design of framework and its process for the
preparation of the annual budget
Established and ensured the implementation and maintenance of effective
budgetary, accounting, cost and other operating controls to best utilize the
Company's resources.
Developed and motivated department team as well as created Finance
Department procedures and ensured that they are complied with EIB Bylaws and
best practice.
Ensure that the Company's financial systems are robust, compliant and support
current activities and future growth.
Implemented an effective process of cash flow projection and working capital
management.
Provided management with monthly reports on financial performance, key initiatives
and challenges of the department
Effective management of accounting governance, internal controls and
compliance to Company Bylaws, Regulations and Policies
Planned, organized and developed team members with implementation of KPIs for
performance evaluation and improvement.
Managed and arranged external audit process of Company's accounts.
Authorized payments, deposits and transfers within defined authority limits.
Completed any other job-related tasks as assigned by the GM within the expected
time limit.
Established and maintained positive working relationship with others - both internal
and external stakeholders
High integrity and openness combined with commitment to good governance.
Participated in the preparation of company’s expenditures and revenues budget.
Participated in the development of internal control policies ensuring that they are
relevant to our company
Developed and implemented efficient accounting, financial and operational
systems.
Provided advice to management to minimize risk resulting from poor internal controls.
Properly managed retirement and liability funds and prepared monthly, quarterly
and annual reports on their statuses.
Negotiated and reviewed business contracts and financial models with
profitability and financial success in mind.
Analyzed complex regulation and policy documents that directly impacted
budgetary and financial matters.
Investigated and resolved discrepancies in monthly bank accounts while
under tight deadlines.
Collaborated extensively with auditors during preliminary and year-end audit
processes.
Reduced closing time for monthly and quarterly close by 10% by implementing
new consolidation procedures.
Processed guest payments for room charges, food and beverage charges and
phone charges.
Balanced all rebates and other miscellaneous charges.
Fostered strong working relationships with all hotel departments.
Directed the daily activities of the 2-member Accounting team.
Investigated and resolved discrepancies in daily bank transactions while under
tight deadlines.
Restructured and analyzed QuickBooks to improve budget reporting.
Thoroughly reviewed financial statements and tax audits to correct any
discrepancies.
Analyzed costs and revenues to project future trends.
My main job (after accomplishing the accounting cycle) is to manage the payable accounts:
1. Processing and following up all accounting transactions relating to the local & import purchases (checking, pricing and posting) and bank procedures for the import purchase
2. Following up the shipping information schedule and co-ordinate with purchase department
3. Prepare all L/C & T/R processes and their schedule
4. Management of the payment process and ensuring that payments are processed in accordance with internal control processes in an accurate and timely manner.
5. Liaise and coordinate with bankers & suppliers
6. Controlling other payable accounts in full (trace the expenses, balance confirmation & settling the due)
7. Preparing bank reconciliations
8. Preparing telephones & fuel lists and posting the journals relating to their expenses
9. Preparing monthly cash outflow
Manual accounts:
1. Preparing the bills
2. Receiving cash from customers
3. Preparing payment vouchers - purchase lists for the suppliers
4. Preparing final statement & cash flow for the owner
Teaching:
1. Financial Marketing
2. Accountancy
1 Research about internal control in transportation institution 2 Turbo Pascal programming software: Accounting program for rent a Car office