Shahul Hameed

• Managed daily financial operations, including accounts payable and receivable, general ledger entries, and reconciliation of bank accounts.
• Assisted in preparing monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards (GAAP/IFRS).
• Conducted cash flow forecasting, optimizing liquidity for trading activities and ensuring the availability of funds for operational needs.
• Developed and maintained the inventory costing system, ensuring accurate recording and valuation of goods in transit and on hand.
• Coordinated with trading teams to manage currency fluctuations and hedge against foreign exchange risks, minimizing losses from international trades.
• Supported credit management by assessing the financial health of suppliers and customers, ensuring that accounts receivable remained within acceptable limits.
• Monitored and reported on trade finance transactions, ensuring timely settlement of import/export payments, letters of credit, and other financial instruments.
• Assisted in the preparation of annual budgets, aligning financial targets with trading operations and market forecasts.
• Conducted variance analysis on trade expenses, identifying cost-saving opportunities and areas for financial optimization.
• Coordinated with external auditors to facilitate annual audits and ensure compliance with relevant financial regulations.
• Provided regular financial reports to senior management, offering insights on performance metrics, liquidity, and trade profitability.
• Supported tax compliance by gathering financial data for VAT, import duties, and corporate tax filings, ensuring timely and accurate submissions.
• Developed and improved financial controls to streamline financial reporting and enhance the overall efficiency of financial operations.

Tasks & responsibilities include:
 Preparing Pay roll & Overtime Sheets.
 Providing invoicing support by timely raising of sales invoices, debit note and credit notes.
 Follow up the client for payment and updating collection entries.
 Preparing age wise analysis of debtors and managing the receivables and preparing reconciliation statements of debtors.
 Validating commercial terms in contract agreement of new signing-up.
 Analyzing and monitoring of financial statements and credit receivables.
 Maintaining petty cash and prepare daily expenses vouchers and making payment of various bills
 Maintained accuracy in payroll accounts and documents.
 Validating, reconciling and approving the pay sheet for final payroll.

Tasks & responsibilities include:
Accounts Payable
Responsible for timely payment of supplier invoices. Verifying the details on invoices with that on the purchase orders, delivery order, and goods receipt note, as per terms & contract agreement.
Processing Suppliers, Subcontractors & all other payments through Cheques and Bank Transfer.
Petty Cash reimbursement verification and timely disbursement of payments to ensure that
verified invoices are settled within the turnaround time as per the organization's rules & policies.
Verifying and Posting invoices & all payment vouchers.
Preparing Statement of Account for suppliers & reconciling any discrepancies with the Supplier.
Sending out balance confirmation to suppliers in compliance with audit procedures.
Maintaining Cashier roll, cash keeping and daily cash book updating.
Accounts Receivable
Booking revenue by booking monthly sales invoice.
Follow up the client for timely payment. Verifying the details as per terms & contract agreement.
Communicate with client’s accounts department for deduction on payments.
Prepare and distribute income reports and statistics to key personnel.
Reconciling ledger and sending out balance confirmation in compliance with audit procedures.