Manager Accounts
Al Wahdania Group of Companies
مجموع سنوات الخبرة :15 years, 0 أشهر
Al Wahdania Group of Companies is engaged in Real Estate Development, Contracting and Trading Businesses in various states of United Arab Emirates since 1982. I was responsible for Accounts and Tax Department of Group’s Real Estate and Contracting Division which comprises of Companies viz. Arabian Gulf Properties, BOK Contracting LLC, Al Awtan Contracting LLC; and landscaping Company viz. Mamlakt Al Hadaeq Landscaping. The Companies were engaged in numerous residential and commercial projects in Dubai and Ajman states.
KEY ACHIEVEMENTS AND CONTRIBUTIONS:
Successful processing of Companies VAT refunds amounting to more than AED 5 million.
VAT Registration of Group companies and VAT implementation in the Group.
Successful transition to and implementation of new ERP in the Company.
Successfully managing Acquisition of new Contracting Company.
I had been working as Manager Internal Audit in a manufacturing concern since May 2014. I am reporting to Chief Executive of the Company. My key job responsibilities include:
Conducting Internal Control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent frauds, embezzlements, misappropriations, misuse and wastage; and ensuring that objectives of the organization are being achieved economically, efficiently and effectively;
Preparing an Internal Audit Plan based on risk assessment including tasks, assignments and timelines for completion for each task and main activities, personnel to be employed, and reporting results of audit;
Preparing audit reports on non-routine audit assignments assigned by management pertaining to any aspect of of financial reporting, financial management or organization’s operations;
Recommending improvements in policies and SOPs. Specifying internal checks including pre-audit checks, adherence to policies & procedures and compliance with rules, laws and regulations;
Planning and conducting physical internal audits of inventory and production processes; and to evaluate efficiency of production operations and achievements of sales and recoveries targets;
To monitor timely reporting, accuracy and reliability of information reported to management and to recommend improvement, if applicable, in order to enable management to take better decisions;
To monitor bank and petty cash reconciliations in order to prevent errors, frauds, embezzlements and misappropriations;
To conduct pre-audits and post-audits of payments and recoveries;
Conducting periodical audits of monthly tax returns to ensure compliance of taxation laws and timely reporting of discrepancies, if any;
To conduct regular periodical audits of payroll and other major expenses of the company;
To ensure accuracy of budgets and to conduct variance analysis to determine whether the deviations from the budgets are justified;
To ensure accuracy of financial information including monthly and annual financial statements and to report discrepancies, if any;
To conduct analysis and report the results of financial performance and production efficiency to the management for any specific area as desired by the management;
I had been working as Accounts Manager in a Fertilizer Manufacturing Company namely Cactus Fertilizers & Traders (Pvt) Ltd from August 2012 to May 2014. My responsibilities include:
Supervised employees in the Finance Department including various accountants and was responsible for the overall direction, coordination and evaluation of the department
Prepare Company’s annual financial statements in compliance with IFRS and Companies Ordinance and liaising with auditors on the year-end audit
Preparing and maintaining WHT Statements, Income Tax Returns and Sales Tax Returns
Prepare and submit monthly financial results, budgets and variance analysis
Verifying management reports on stock movement, sales, payables and receivables and submitting them for Senior Management’s review
Verifying Bank Reconciliations on monthly basis
Checking Costing on Weighted Average Basis and maintaining stock ledger
Improve existing processes and streamline workflows
Supervise the updation of inventory and accounts payable modules of corporate financial accounting system and overseeing its installations and integration
Maintained and administered the corporate financial accounting system
Verification of weekly and monthly payroll
Establish and maintain relations with banks and other financial institutions
I was engaged in providing assurance services in the capacity of Audit Supervisor and key job tasks include:
- To perform planning and risk assessment procedures including obtaining understanding of business environment, organization structure and accounting system in order to determine audit risk involved and to devise an appropriate and effective audit strategy
- To perform Test of Controls in order to determine effectiveness of internal controls and to identify potential weaknesses and limitations in client’s internal control system
- To determine nature, timing and extent of substantive procedures in the light of identified audit risks; and performing those audit procedures to obtain sufficient appropriate audit evidences
- Discussing audit issues with managers and partners and resolving them while considering their impact on final deliverables as well as their significance to the stakeholders
- Preparation of Final Deliverables including Covering Letter to the Board of Directors, Audit Report, Financial Statement Disclosures and Management Letter
- Consulting with clients in order to obtain information; to discuss and resolve audit issues; and to communicate weaknesses of internal controls identified during assurance engagement
- To provide guidance and supervision to subordinate team members in order to assist them in the performance of their professional duties and to review the work performed by them
- To consult and co-ordinate with experts/other professionals such as information technology experts, lawyers, actuaries and independent property valuers in respect of critical matters to be reported
- To ensure that financial reporting by the management of the company is in conformity with the applicable financial reporting framework including International Financial Reporting Standards
- To ensure compliance of applicable laws (including Corporate Laws, Tax Laws etc.), management policies and other industry practices
Certified Internal Auditor
Associate Public Finance Accountant
Associate Chartered Accountant
Bachelor in Commerce
