Senior Financial Accountant
Al Rowad Trading Co LLC
مجموع سنوات الخبرة :12 years, 9 أشهر
• Lead: Ensuring that all financial transactions are properly prepared, processed and managed by the team.
• Reporting: Preparing Quarterly and Annual financial reports for the Company and its' group subsidiaries.
• Adjustments: Preparing and finalizing monthly, quarterly and year end closing procedures.
• Variance Analysis: Provide meaningful, analysis of trends and variances from budget and prior year.
• Cash Flow: Monitor the cash flow cycle and report on the company's existing cash position and prepare quarterly 12
month rolling Cash Flow forecasts including all future liabilities and commitments.
• Supplier: Review the payment claims from overseas & local suppliers against terms of contracts and goods delivered.
• Bank: Ensure that bank covenants are met satisfactorily and highlight any upcoming issues to avoid the risk of any default.
• Internal Control: Ensuring the adequacy of the internal financial controls and recommend changes in conjunction with the
General Manager.
• Audit: Co-ordinating with internal and external auditors to ensure a timely and clean and unqualified annual audit report.
• Odoo ERP: Continuous review of accounting and I.T. systems, processes, policies & procedures.
• VAT: Processing, reporting and payment of VAT returns in a timely manner.
Supervised: The timely recording of invoices / bills / vouchers into the Quickbooks by the accounting staff.
• Analyzed: Salesman performance by area and targets assigned with variances and incentives reported to the management
• Stock Reconciliation: Conduct monthly physical stock taking in coordination with internal auditor.
• Adjustments: Prepared adjusting entries at month end like Depreciation, insurance, salaries and other accrued expenses.
• VAT: Ensured timely submission and payment of VAT & Excise Return.
• Budget: Assisted in budget preparation and variances analysis in detail for different emirates.
• Reporting: Assisted finance manager in preparing management reports like Aging analysis, P&L and cash flow statement.
• Budgets & Variances: Prepare Budgets and Forecast with periodic controls and Variance Analysis.
• Fixed Assets: Evaluate CAPEX and Long-term Investments.
• Cost Control: Apply costing techniques to minimize OPEX and project cost.
• Investment Returns: Prepare Investment Analysis and ROI Reports for the management.
• Cash Management: Manage treasury function and ensure sufficient liquidity to meet payment obligations
• Cash Flow & Projections: Prepare weekly reports including Cash flow, Closed and Pipeline deals and Collection report for the management.
• Accounts Payable: Process invoices and LPOS / payment orders for suppliers and ongoing development projects.
• Performance Report: Prepare monthly performance report of Sales / Leasing agents, review and process their commission.
• Reconciliation: Prepare monthly bank Reconciliation Statement and cross check bank statement entries.
• Financial Closing & Reporting: Review Month End Closing, Prepare Profit and Loss, Balance sheet, Cash flow Statement and Performance Report.
• Tax / VAT Returns: Ensure VAT / Tax compliance, review Income and Withholding tax returns, and deal with tax notices issued by the FBR.
• Liaison: Regularly coordinate and follow up with Banks, Clients, Suppliers, FBR, External Auditors and Other Stake Holders.
Direct Information Technology LLC is a group of companies specializing in IT Equipment, Software Solutions & Research Tools, providing its services in UAE, India & US, Some of it local UAE clients are ADGAS, Dubai Airport Free Zone, Ajman Executive Council, Dubai Municipality, Ministry of Economy UAE, Emirates Transport etc.
Tasks / Achievements
• Accounts: Managing and overseeing the daily operations of the accounting department, AR, AP, GL, Payroll, Inventory, fixed asset etc.
• Budgeting & Forecasting: Prepare budget, Cash flow projection and variances analysis for local and overseas projects.
• Receivable: Reviewed credit policy, highlighted issues and reduced AR Balances by 23% with an effective follow-up procedure.
• Payable: Renegotiated payment terms from Net 30 to Net 60 days which improved cash flow.
• Insurance: Renegotiated payment terms with insurance company for fixed assets and employee’s health insurance.
• Leasing & Bank Facilities: Liaise with Banks for Leasing Assets, Bid bonds, LCs / Guarantee Cheques, Loans / OD and Company's Balances.
• WPS & Payroll: Maintained Payroll account, Final settlements and WPS in a timely manner.
• VAT Return: Filling of VAT returns, including input, output and payment of the liability.
• Reconciliations: Reconciliation of ledgers with inter branch and bank accounts.
• Financial Reporting: Finalize Accounts, Prepare Financial Statements, P&L, BS and CF Statements.
• Management Reporting: Aged Receivables, Sales Performance and Project Cost, Value and Estimation for local and overseas operations.
Clients that I have worked with
• Du Telecom
• ADGAS
• Dubai Airport Free Zone
• Ajman Executive Council
• Dubai Municipality
• Ministry of Economy
• UAE Emirates Transport
AIMS DHRC is a non for profit health organization working under the umbrella of Diabetes Association of Pakistan to provide free medical treatment to the deserving diabetic patients of KPK.
Tasks / Achievements
• Budgets & Forecasting: Prepare Budgets & Cash flow projections.
• SOPs & Internal Control: Implemented SOPs at each level of organization and developed strict internal controls.
• ERP: Took lead to design, Implement and execute ERP system through the organisation from scratch.
• Costing: Maintain Stock record, process new orders and Set Standard Costs & Break-Even Points for Health Departments.
• Cash Management: Update Cashbook and Prepare Monthly Bank Reconciliation Statement.
• Reporting: Prepare Monthly Management Reports & Annual Financial Statements.
• Bookkeeping: Perform Bookkeeping of clients in Sage 50.
• Reconciliation: Perform Bank Reconciliation for both current and credit card account.
• Management Accounts: Prepare Monthly Management Accounts.
• VAT: Prepare Quarterly VAT Returns.
• Ledgers: Maintain Sales and Purchase Ledgers for clients. • Invoices: Prepare Invoices on behalf of clients.
• Financial Statements: Prepare Balance Sheet, Profit and Loss Statement and Other Reports.
Clients: I have worked for
• Birmingham International College.
• Easy Lease ltd.
• Car Network UK ltd.
• Easy Lease UK ltd.
• Rosso Joinery ltd.
• Asgard Vehicle Rentals Ltd.
• Regulus Management ltd.
• S & I ELECTRONICS PLC
Studied at London College of Accountancy - LCA UK. Professional Level in Progress.
Attested from UAE Embassy.
لقد تم حذف الرابط بسبب انتهاكه لسياسة الموقع. يرجى التواصل مع قسم الدعم لمزيد من المعلومات.