Safna Mohammed Shabeel, Chief Accountant

Safna Mohammed Shabeel

Chief Accountant

Sama Exchange

Location
United Arab Emirates
Education
Master's degree, business administration -Finance
Experience
11 years, 9 Months

Share My Profile

Block User


Work Experience

Total years of experience :11 years, 9 Months

Chief Accountant at Sama Exchange
  • United Arab Emirates - Dubai
  • My current job since September 2017

• Reconciliation of Statements with banks, Money Transfer Service providers, Non-money products, Exchange Houses, Local and foreign correspondents.
• Facilitate credit confirmations, funding to external banks and exchange houses, inward remittances and Stop payment authorizations.
o Prepares and submits the Consolidated Monthly Management Accounts to the Managing Director.

• Monitors and controls of any violation and deviation against the company's In- house policies and procedures on the finance and accounts operational matters.
• Prepares and submits monthly / annual Business Plan / budget for the company.
• Coordinates with the computer system provider on the development and implementation of necessary applications and reporting systems with effective AML MIS and others.
• Month end closing journal vouchers like accounting the inter-account transfers for correspondent bank/agent accounts settlement, commission share payable & receivable, bank charges, overdrawn interest, interest income earned, provisions and accruals, transfer of expenses from prepayment accounts, depreciation and amortization, accumulated depreciation, transfer of pre-operative expenses, etc. are prepared.
• The Monthly central Bank reports, Management Financial Reports, Monthly Income/Expenses Analysis Reports, Monthly Budget Comparison Reports and other MIS Reports are prepared and submitted to the General Manager.
• Providing the correspondent bank's daily available fund position to cover fund transfer.
• Handling independently all the accounts related works and filing VAT returns and e-filing to FTA.
• Managing internal auditing and external auditing in accordance with statutory policies and procedures.
• Managing local payables and receivables and ensure transparency and timeliness.

Assistant Auditor at Asharaf & Assoziate, Chartered Accountants firm
  • India - Delhi
  • December 2014 to February 2017

• Scrutinized general ledgers reconciliations, general vouchers, and conducted numerous examinations of various firms including P&L.
• Preparation of various reports such as management reports for senior managers.
• Responsible for financial accounts including budgets and cash-flow.
• Expertise in reconciliation of receivable & payables with their respective statements.
• Prepare profit and loss statements and monthly closing.
• Checking of Purchases of fixed assets & materials.
• Explain billing invoices and accounting policies to staff, vendors and clients.

Accountant at Quality Reliance Middle East Mgt
  • United Arab Emirates - Abu Dhabi
  • February 2013 to July 2014

➢ Worked as Sole Accountant in a well-organized Consultancy firm - managed all the accounts upto Financial report and management report to top management.
• Maintain accounts receivable/payable files, follow up collections and allocation of payments.
• Monitoring customer account detail for non payments, delayed payments and other irregularities.
• Preparing month-end closing schedules and bank reconciliations.
• Collecting purchase invoices & the upkeep of an accurate accounts filing system.
• Managed the internal and external mail functions in Microsoft outlook.

ASSISTANT COMPANY SECRETARY at ACS
  • India
  • September 2009 to December 2010

➢ Worked as ASSISTANT COMPANY SECRETARY (ACS) under a Qualified Practicing Company Secretary (PCs) Thrissur, kerala, India from September 2009-December 2010.

• E- filing of the documents concerned with registration, Annual Accounts, and other relevant documents.
• Maintaining Statutory Registers of the Company.
• Key responsibility for conducting Board meetings. Conferences, registering of
Directors etc.
• Coordinating office management activities.
• Acting as liaison between the managers/executives, subordinates or others, by transmitting directives and instructions.
• Drafting of notice, agenda, Resolutions and Minutes of Board Meeting, Annual General Meeting and Extra Ordinary General Meeting.

Education

Master's degree, business administration -Finance
  • at Sikkim Manipal University, INDIA
  • February 2012

➢ Master's in business administration (MBA) -Finance.

Doctorate, Corporate Law
  • at Company Secretary of India
  • January 2010
Bachelor's degree, Finance
  • at Calicut University, India
  • March 2009

B.COM (Bachelor of Commerce) Finance

Specialties & Skills

Internal Audit
General Ledger Reconciliation
Asset Management
Annual Budgets
BANK RECONCILIATION
ENCODING
FINANCIAL STATEMENTS
LIAISON
OFFICE MANAGEMENT
SECRETARY

Languages

Hindi
Intermediate
English
Intermediate
Malayalam
Native Speaker

Memberships

Institute of Company Secretaries of India, New Delhi
  • Company Secretary
  • February 2010