Muhammad Jamil, Accountant

Muhammad Jamil

Accountant

Shield Contracting Company WLL

Location
United Arab Emirates - Abu Dhabi
Education
Master's degree, MBA (Finance)
Experience
14 years, 0 Months

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Work Experience

Total years of experience :14 years, 0 Months

Accountant at Shield Contracting Company WLL
  • United Arab Emirates - Abu Dhabi
  • My current job since August 2015

Job Responsibilities
• Coordinating accounting functions and programs. Maintained integrity of general ledger, including the chart of accounts. Reviewing company data from recording to financial statements to ensure that no laws or regulations have been broken and in accordance to GAAP
• Reconciliation of different bank accounts, (current, fixed, term deposit accounts securities etc.), Payables (suppliers, subcontractors, different authorities accounts accruals etc.) and Receivables etc.
• Maintaining and reconciling balance sheet and general ledger. (Current and fixed assets, liabilities, equities, revaluation surplus) Analyses of monthly and year to date Statement of Income and Retain Earnings Created periodic reports comparing budgeted costs to actual costs reports Cash Funds, Current Accounts, Time Deposits,
• Monthly & yearly closings. Insure the year ending adjustments accuracy and in according to accounting rules and principles. Assisting with annual audit preparations
• Investigating and resolving audit findings, account discrepancies, and issues of non-compliance.
• Preparation, audit & Filing VAT returns and prepare governmental reports in compliance with strict standards.
• Communicate with project managers, Banks, subcontractors suppliers etc. on verity of Job related topics including bonding, insurance, contract agreements, ( to verify delivery of materials, work progress for oversee the payment and reconcile their statements with our financial record )
• Preparation & reconciliation of salaries, leave allowances and indemnities etc.
• Performing other accounting duties and supporting junior staff as required or assigned.
• Preparing cash flow statements, financial analyses and reports.
• Preparing revenue projections and forecasting expenditure.
• Assisting with preparing and monitoring budgets.
• Frequently interacting with other departments and participate fully in the day to-day functioning of the business to improve accounting operations & procedures.
• Expert in Peachtree Accounting Software ( Sage 50 ) for managing companys finances for all accounting functions

General Accountant at Shamo Jee Fabrics and Carpets.
  • Pakistan - Rawalpindi
  • October 2009 to April 2013

Job Responsibilities
• Maintain and reconcile the General Ledger accounts. Ensure all transactions are recorded accurately and timely.
• Manage accounts Payable (AP) and accounts Receivable (AR) processes. Ensure timely invoicing, collection of payments, and payment of bills.
• Preparation of internal purchase inwards, posting of all purchase in Peachtree (Sage 50 (Peachtree Sage50) Monthly reconciliation of stock physically with system software records Including costing, valuation, Monitor inventory levels and help prevent stock discrepancies
• Oversee payroll processing, including salary calculations, deductions, bonuses, sales commission and tax withholdings. Ensure compliance with labor laws and regulations.
• Prepare and file tax returns, including sales tax, income tax, and other relevant taxes. Ensure timely payment of taxes
• Ensure compliance with local, state, and federal regulations, including tax filings and reporting requirements.
• Calculate income separately from different departments of business i.e. carpet department, fabric, fabric stretching, carpet fixing
• Implement and maintain accounting software Peachtree (Sage 50) and systems. Ensure proper integration with other business systems.
• Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.
• Coordinate and assist with internal and external audits. Prepare necessary documentation and respond to audit inquiries
• Generate monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Assist in the preparation of budgets and financial forecasts. Monitor actual performance against budgets and provide variance analysis.
• Prepare and present financial reports to senior management, providing insights and recommendations for strategic decision-making.
• Analyze the financial impact of sales promotions, discounts, and other marketing activities specific to fabrics and carpet departments
• Manage financial relationships with suppliers, including negotiating payment terms and resolving billing issues.

Admin Account Officer at in FI Printers
  • Pakistan - Rawalpindi
  • October 2006 to June 2008

Job Responsibilities
• Manage office documents, including filing, copying, and scanning.
• Handle phone calls, emails, Maintain and update employee records,
• Identify and anticipate the materials required for the printing operations.
• Create & process purchase orders accurately, ensuring they are approved & issued on time.
• Posting of all Material inwards to maintain inventory of material, Receipts, Payments, petty cash expenses etc. on excel sheets
• Ensure procurement activities align with the companys budget and financial goals.
• Manage payroll processing, ensuring timely and accurate payment to employees.

Education

Master's degree, MBA (Finance)
  • at AIOU,Islamabad
  • January 2006
Bachelor's degree, B.Com
  • at Punjab College of Commerce, Punjab University.
  • January 2002
High school or equivalent, Accounting
  • at Sheikh Khalifa Bin Zayed Arab Pakistani College Fedral Board
  • January 1997
High school or equivalent, Matriculation
  • at Sheikh Khalifa Bin Zayed Arab Pakistani College
  • January 1995

Specialties & Skills

Management
Corporate Finance
Cost Accounting
Financial Accounting
Advance Accounting Knowledge, deep understanding of GAAP and IFRS
Strong financial analysis skills. Reconciliation of banks accounts, Receivables, and Payables
Proficient in preparing balance sheet, income statement and cash flow statements
Familiar with audit procedures, able to ensure compliance with regulatory requirements
UAE VAT and corporate tax law and regulations which are important for insuring compliance
Proficient in accounting software “Peachtree Sage 50” additionally also expert in MS office
Strong communication skills to interact and convey the financial information to various stakeholde
Skills to lead and manage the team of accountants, delegating tasks, providing guidance
Skilled in create accurate budgets monitoring performance against budgets, and providing insights
Time management skills to keep the deadlines and priorities and to insure The International Code of
Adept at identifying and resolving complex accounting issues and discrepancies arises
Committed to ongoing learning and professional development to stay update with industry trends etc

Languages

English
Expert
Arabic
Expert
Urdu
Expert

Training and Certifications

Accounting software Sage 50 3 months professional training (Certificate)
Date Attended:
January 2006

Hobbies

  • Reading historical book
  • Playing Cricket
    I Played cricket up to first class level
  • Individual Sports (Karate)
    Black Belt 1 Don in Kyokushinkai Karate taken from Abu Dhabi