Muhammad Adeel Arshad, Chief Accountant

Muhammad Adeel Arshad

Chief Accountant

Engineering Contracting Company

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Bachelor of Science, Applied Accounting
Experience
9 years, 5 Months

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Work Experience

Total years of experience :9 years, 5 Months

Chief Accountant at Engineering Contracting Company
  • United Arab Emirates - Dubai
  • My current job since October 2020

Management Reporting, Budgeting & Forecasting, Accounts & Audit finalization,  VAT finalization & filing Monthly, System implementation, Project/Job Costing / (POC working),  Finance Related (DC/LC & Bank Guarantees), Intergroup Billing & Reconciliation, Service Center Reporting, Review of AP & AR function, Supervise and mentor accounting team, Collaborate with cross-functional teams

Senior Accountant at Engineering Contracting Company
  • United Arab Emirates - Dubai
  • September 2019 to September 2020

Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements in accordance to applicable International Financial Reporting Standards.
Maintenance of ledgers, Trial balance, Cash flow, Sale invoices etc.Preparation of reconciliations which includes Inter group Recon, bank and supplier reconciliation to ensure proper records.
Assist in ERP implementation on adhoc basis.

Group VAT Accountant at Engineering Contracting Company
  • United Arab Emirates - Dubai
  • February 2019 to August 2019

Ensure adherence to VAT regulations mandated by the Federal Tax Authority (FTA), reconcile VAT accounts across all group companies, and meticulously document all transactions. Consolidate Group VAT accounts, meticulously preparing and submitting precise and punctual VAT returns to Federal Tax Authorities on a monthly basis. Detect and evaluate potential VAT risks within the group, implementing effective mitigation strategies.

Deputy Manager Account & Finance at Digicom Private LTD(Qmobile)
  • Pakistan
  • May 2017 to January 2019

During this period in individual capacity as well as a team leader, I have extensive experience of:
 Maintenance of ledgers, Trial balance, Cash flow, Sale invoices etc.
 Cash management including count & reconciliation on daily basis
 Responsible for cash/cheques handling including bank deposits.
 Preparation of different kind of reconciliation including bank and supplier reconciliation as well as maintaining proper records.
 Supervising warehouse; coordinating and monitoring the receipt/dispatch of stock and regular stock accounts
 Preparation and maintenance of record books and registers.
 Time keeping and payroll management of employees including EOBI, Social security and other allowances working as well.
 Cooperation with Audit department to comply with applicable SOP’s.
 Drafting summary reports for higher management.

Audit & Tax Supervisor at Parker Randall International
  • Pakistan - Faisalabad
  • January 2015 to April 2017

Worked in Audit, Taxation, Bookkeeping and Business Advisory departments of
Parker Randall AJS, Chartered Accountants, a member firm of Parker Randall
International.
I have audited (internal and external) the various types of listed and public
organizations during my experience in above mentioned Chartered Accountant
firm. Moreover, possessing high skills in Booking keeping of different client.
Other Major areas of audit at different clients were related to the following
organizations;
 Land Developers
 Textile, apparels and garments
 Manufacturers
 Traders
 Clubs and NGOs etc.
Expertise gained from a Chartered Accountant firm;
 Internal and External audits according to the International Auditing Standards &
Internal Auditing Standards
 Internal audit planning and adopting audit procedures and techniques with due
professional care.
 Assessment of control risk and designing the tests of controls for specific areas
in consultation with the engagement manager;
 Maintenance of ledgers, Trial balance, Cash flow, Sale invoices etc.
 Prepare Salaries reports which includes EOBI, Social security and other
allowances.
 Petty Cash Payments record verification and maintenance, as well as dealing
with Bank transactions.
 Carry out Supplier's Income Tax Deductions and Depositing
 Compiling and filling of various Companies income tax, Withholding tax and
sales tax returns
 Preparation of various accounts reconciliations including bank reconciliation
statement.
 Review of posting and post all types of vouchers and maintenance of record.
 Performs other duties as assigned by management authority.

Education

Bachelor's degree, Bachelor of Science, Applied Accounting
  • at Oxford Brooks University
  • September 2019

I am a graduate from Oxford Brooks University.

Master's degree, Accounts & Finance
  • at Association of Chartered Certified Accountants Global (ACCA Global)
  • December 2014

I am a member of the Association of Chartered Certified Accountants with over Nine years of dedicated involvement in Accounting

Specialties & Skills

Accounts Receivable
Final Accounts
Auditing
Team Leadership
Peach-Tree
BALANCESHEETS
CASH FLOW
ACCOUNTING SOFTWARE
BANK RECONCILIATION
BOOKKEEPING
CASH MANAGEMENT
CONSULTING
CUSTOMER RELATIONS
International Financial Reporting Standards(IFRS)
ERP Implementation
Oracle Financial
Quickbooks
AUDITING
ACCOUNTING
Taxation (VAT)

Languages

English
Expert

Memberships

Association of Chartered Certified Accountants
  • ACCA Member
  • October 2018

Hobbies

  • Book Reading, Table Tennis
    I won company table tennis tournament in year 2019.