Ashhar Muhammad

• Spearheaded the month-end close process, ensuring high-accuracy financial
statements and insightful variance analysis for management.
• Directed end-to-end AP/AR operations, strengthening controls, improving
turnaround times, and resolving complex reconciliation issues
• Client wallets ( 430) reconciliation to ensure Portal figures and Reporting figures
are aligned and there is no recurring or duplicated values
• Streamlined financial processes through automation and improved workflow
design, reducing manual effort and error rates for Dynamics ERP implementation.
• Virtual Credit Card statements issued for hotel charges were all reconciled with
operational data and funding for top ups
• Bank entries, reconciliation, allocation for all IOLX transactions were mapped with
high accuracy

• Successfully executed the comprehensive consolidation of trial balances
across all group entities spanning Africa, Ireland and UAE
• Managed inter-company transactions and reconciliations to guarantee
consolidated financial statements accurately reflect the financial position of
the entire group.
• Filing of VAT returns for entities based in UAE and Mauritius with the latter
done monthly.
• Oversaw the allocation of payments for both revenue and expense databases.
Verified the accuracy of payment allocations done by the junior team and
reviewed for any discrepancy.
• Regularly updated the debtors database to provide real-time information for
analysis and escalations and improve inflow by nearly 35-40%
• Managed the payables function, ensuring that all dues are paid in accordance
with company policies and vendor terms. Monitored accounts payable aging
reports and resolved any payment discrepancies promptly with 95% accuracy

• Managed an entire company portfolio of 3 UAE entities with total
value of 50M USD
• Reduced the month end closing time period by 30%with enhanced
workflow reporting for all offices Hong Kong, London, Kazakhstan
• Execute weekly payment processing for all group entities, managing
the timely and accurate disbursement of funds.
• Own & review the financials prepared for each entity ensuring
accuracy across all line items
• Assist the senior accountant in finalizing revenue across all product
lines while coordinating with operations team to identify final billed
invoices.
• Demonstrate proficiency in tax compliance by filing VAT returns for
each group entity, ensuring adherence to regulatory requirements
and submitting claims for refunds with the FTA

• Prime responsibility of maintaining all finance and accounting related
records and journals.
• Analysing income statements on a monthly and quarterly basis to examine
income streams potential and enhance it with better control measures.
• Processing payments and documents such as invoices, employee
reimbursements, issuing cheques and financial statements.
• Maintaining a standard and detailed MIS report to track sales month on
month basis and compare with prior year record to evaluate business
performance.
• Improved receivables inflow by nearly 45% during peak Covid lockdown by
negotiating improved payment plans and rigorous follow-ups
• Posting financial data to the accounting software and ensuring the records
are up to date.
• Reconciling bank and credit card statements and identifying
discrepancies.
• Maintaining a standard count and track expenses for each month to avoid
overspend- payment portfolio would range upto AED200, 000/ month