Shabir Ghulam

Chief Accountant à Knowledge Planet Centre LLC

• Émirats Arabes Unis - Dubaï
• Je travaille ici depuis janvier 2014

Spearhead overall operational and financial activities of the accountancy department, such as business planning, budgeting, forecasting, reviewing vouchers/bank receipts, handling petty cash, managing cash flow, overseeing full accounting cycle as well as general ledger, AP/AR, and reconciliations. Produce, evaluate, and present quarterly/semi-annual/annual financial packages under IFRS/GAAP, including balance sheets, income statements, and cash flows. Compare actuals to budget, projection, and previous year, and investigate notable deviations. Direct monthly financial closure process by checking/approving journal entries, ageing AP/AR, reconciling accounts and analysing balance sheet trends and analytics. Act as liaison with external auditors, legal & IT on overall internal control framework and ensure compliance with applicable local laws in UAE. Maintaining open lines of communication with UAE-based real estate firms to gain more favourable rental terms on a national scale. Lead and supervise the finance department's team, which includes input tax work and associated filing of vat returns, collection, and unpaid fee reports. Facilitate senior management in making informed strategic business decisions by preparing yearly financial and business analyses based on several KPIs.
• Ensured financial systems were robust, compliant, and updated and supported current activities and future growth.
• Implemented accounting software for recording transactions, controlling the overall accosting system, and ensuring compliance with accounting conventions and taxation.
• Identified different technical difficulties and reported to upper management and developer to overcome and resolve ley ways for internal control reasons by conducting an in-depth analysis of cloud base fee management software.
SCA Contracting and Interior Decoration LLC, Dubai 2018 - 2020
Senior Accountant
Steered the full spectrum of operations associated with entire accounting functions including cash management, AR/AP, inventory, capital assets, tooling, and other related accruals. Oversaw month-end closure procedure and completed financial reporting package by conducting a thorough variance analysis. Prepared monthly project costing analysis for risk management and control purposes. Generated and published monthly financial statements and reports, assuring quality control over financial activities and reporting, including income statements, balance sheets, and cash flow. Consulted with internal/external professional service providers on audit and tax). Carried out a brief review of procedures for maintaining accurate inventory records. Assessed material variances on a regular basis and suggest any necessary modifications.
• Improved accounting processes by conducting research and developing solutions while facilitating audits.
• Examined and validated journal entries and accounting categories prepared and analysed financial statements, monthly reports, balance sheet reconciliation, and margin trend analysis.
• Acquired interim payment certifications by coordinating with contractors' engineering and quality assurance teams.
• Successfully completed journal entries, ledger maintenance, and reconciliations and perform bookkeeping duties, such as analyzing tax records/reports, balancing accounts and creating revenue, expense, and balance sheets.
• Deployed system for recording costs for tracking project-specific procurements, creating material consumption and site reports for staff’s reports and productions, as well as placement and overhead costs for project costing analysis.