Senior Accountant
ABAMI Consultancy and Training
Total years of experience :16 years, 9 Months
1. Developed Inventory Management Internal Controls for purchasing, selling and consumption of raw material.
2. Conducting Internal Audit to ensure the efficiency and effectiveness of internal controls implemented.
3. Compliance with Dubai SME, Municipality, Banks and other regulatory authorities.
4. Developed the internal system for Product Costing and Analysis.
5. Directly involved in Exports to GCC, Russia and USA.
6. Ensure preparation of monthly/quarterly & Annual financial statements, financial forecasts and budgets along-with Bank Compliance.
7. Managing Accounts Receivables and Accounts Payables.
8. Analysis of Financial Statements and Ratios
9. Involve in Business Development Strategies
10. Monitoring the company's performance using KPIs
11. Preparing and analyzing Monthly Sales Report and Liaison with Banks and External Auditors
12. Manage and Control of capital expenditure (CAPEX)
13. Preparation of Cash Flow statements and payment to vendors
14. Managing Payroll of around 60 employees
15. I have arranged finances and Facilities for Natural Way - Loan, Advances to Supplier and Cheque Discounting
16. Report on variances from the established budget, and the reasons for those variances
1. Developed Capital Expenditure Monitoring and Cash Flow Management Framework.
2. Managed working capital requirements of the company, dealing with banks, LCs arrangements, including with Islamic banks, Murabaha, Ijara, Musharika
3. Ensure preparation of monthly/quarterly financial statements, financial forecasts and budgets
4. Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner
5. Internal Management Reports on Cash Flow, Project forecasts
6. Designed and Maintained entire financial system of the company
7. Managing Accounts Receivables and Payables and Reporting
8. Preparing Tax Returns and Compliance with Tax Authority
9. Preparing sales ledgers, purchase ledger control accounts and reconciliations
10. Handling GST (VAT) Returns
1. Initial Planning of Job and identifying risk areas during the process
2. Assessment of control risk and designing test of controls for specific areas
3. Designing the substantive procedure with the supervisor
4. Performing the test of controls and substantive procedures & Analytical Review
5. Assessing the accuracy of internal controls and suggesting improvements
6. Design preparation and performance of test of controls and substantive test on Fixed Assets, Stocks and Revenue
1. Handling Different Company Accounts
2. Mortgage Application Processing
3. Making Financial Statements according to IFRS
4. Preparing and Managing Cash Flow & Book Keeping
5. Managing Payroll for all Employees
6. Actively involved in Planning and Organizing
7. Handling VAT Returns