Accountant
Abu Dhabi Vegetable Oil Company
Total years of experience :21 years, 11 Months
• Assist the Finance Controller in the management of company Finances, Accounts, Strategic financial planning, Audits, Systems & Procedures, Internal Controls, Cash Flow/ Fund Flow Management/ MIS, Banking, Inventory Control / Management, Payroll Management, A/P & A/R, Bank Reconciliation matters.
• Assist the Financial Controller for finalization of annual accounts and reporting as per company reporting rules & International Accounting systems.
• Managed preparation bank receipts, bank payments, cash receipts vouchers, cheques, general vouchers, petty cash voucher, export sales and local sales summary preparation on monthly basis.
• Assisted the FM in the accounting and financial systems development through implementation of control and reporting systems to adequately monitor and provide financial insight into business operations.
• Perform supervision of debtors and creditors, make schedule of payments to suppliers. Performed Bank reconciliations of 5 Banks, prepared reconciliation Statements of Accounts with / from Banks; gather, sort, and research records and files to provide factual data, and trace discrepancies to reconcile accounts.
• Performed regular profitability analysis and suggested ways for improving profitability in the increasingly competitive business environment.
• Reconciliation of stock on monthly basis and Inventory management
• Liaised with the Banks and Auditors.
• Prepare Financial Statements (Balance Sheet, Income Statement, Cash Flow Statements)
• Interpret work procedures for subordinates and monitored work for accuracy, efficiency and conformity to standards.
• Prepare composite reports from individual reports of subordinates.
• Manage, coach, mentor, develop & appraise staff to achieve prescribed departmental objectives.
• Monitor and ensure departmental performance metrics are met in a timely and cost effective manner.
Majata General Trading LLC Jan 1999-Jan 2001
Accountant Ajman, UAE
Provide leadership and direction to a team of 2 staff, reported to the General Manager. Managed the complete financial & accounting functions of this leading company engaged in the business of General Trading of Commodities / Garments and producing AED. 80 Million in Gross sales revenue having manpower strength of 15.
• Responsible for management of company Finances, Accounts, Audits, Systems & Procedures, Cash / Fund Flow Management, Internal Controls, MIS, Banking, Credit Control, Fixed Assets, Bank Reconciliation, A/P & A/R, Petty Cash Management function.
• Responsible for Finalization of Annual Accounts and reporting as per Company Reporting Rules and Accounting Standards.
• Analyzed financial accounts and provided detailed reports of fiscal health of the company to the Senior Management including early warning signals to the Senior Management.
• Liaised with the Auditors for the Annual Audits. Prepared various schedules for audit I.E Fixed Assets, accrual, depreciation, rent end of service benefits etc.
• Prepared monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses.
• Ensured that the financial records are maintained in compliance, and recommended changes in procedure when appropriate.
• Prepared fund flow statement and arrange the payment to foreign supplier and local suppliers.
• Manage Payroll processing for employees. Supervised cash disbursement of business expenses to employees, coding of expense vouchers and petty cash.
• Conferred with subordinates to resolve procedural problems in tracing sources of errors.
Bachelor of Commerce -1994 University of the Punjab, Lahore, Pakistan