محمد شعيب نصير

Produce periodic management accounts, budgets & variance analysis for management to review and present.
•Review and analyze certain departments to enable month end reporting to be completed. This involves supporting the accounting team for posting of accruals & provision and checking and confirming completeness of all transactions and activities in month.
•Prepare financial statement analysis, summaries key performance indicators, maintain the cost reports and recommend changes that will improve the company financial performance.
•Orchestrate all trade services and finance related activities; i.e. export & import invoice discounting, invoice factoring, letter of credit, trust receipts, export & import collections and bills discounting.
•Assist CFO in working capital management by ensuring precise and timely recording of receivable, payable and inventory in accounting software.
•Supervise a team of staff accountants and plan, assign & review their work to ensure timely and accurate recording of the financial data in accounting software.
•Work on statuary fillings - tax returns, registration, advance tax & self-assessment since Jan 2018.
•Organize and participate in regular inventory/stock checks at all locations where stock is held (including third party storage).
•Finalize the detailed insurance coverage of the business on a yearly basis and monitor regularly to identify possible business risks.
•Liaise with internal, external and tax auditors during the audit process, ensuring completion of audit with all issues amicably resolved.
Key Reports and Schedules
•Periodic management review accounts and projected financial statements.
•Analysis of financial statements (trend & ratio analysis).
•Working capital facilities & banking exposure at a glance.
•Quarterly budgets and variance analysis and product costing reports.

Supported in month-end and year-end close process ensuring financial records are maintained including proper audit trail.
•Constantly monitored and maintained books of accounts (GL, AP, AR and other sub ledgers like FA register) accurately to reflect true and fair presentation of financial reports.
•Prepared and presented timely monthly MIS reports to management for review and reported my findings to the management on actual results against strategic plans and assigned budget.
•Oversee and examines control accounts to ensure transaction commercial substance and compliance with accounting standards and company policies.
•Reviewed and analyzed customer credit applications and filled supplier registration forms.
•Calculated employees’ gratuity & leave salaries (in accordance with UAE labor law and company polices), maintained fixed asset register and prepared term loans and depreciation schedules.

Accurately recording of assets, liabilities, expenses, accruals & prepaids to appropriate accounts in accounting software by compiling and analyzing supporting documents, ensuring compliance with accounting standards and company policies.
•Initiated payment requests including critical review of supporting documentation and accounting impact. Created bank payment vouchers in ERP for payment approvals. Maintained and balanced the accounts payable subsidiary ledger by verifying and reconciling transactions and resolving discrepancies.
•Monitored the status of accounts receivable. Maintained and balanced the subsidiary ledger by reconciling transactions and resolving discrepancies. Distributed accurate listing of delinquent accounts to line manager for follow up, adjustments, write- off or for timely collections.
•Analyzed and processed staff payroll by initiating SIF files through WPS by digital processing, transfer letters & printing checks. Supported company’s employees in opening their salary accounts and to avail credit facilities with multiple banks and payroll processing companies.
•Managed and prepared all necessary bank documents to initiate trade services and finance related transactions i.e. Import & export collection documents, letter of credit, telex transfer and trust receipts.
•Checked all the petty cash vouchers for supporting documents, validity, accuracy and compliance with company policies and prepared monthly bank reconciliations statements.

Handled petty cash transactions, prepared and submitted petty cash reconciliation report to the Chief Accountant after closing cash on daily basis.
•Prepared all customer receipts, petty cash vouchers and posted in accounting software after getting approval