shawadin Ali Zar Khan

• Account Manager- Al Moosa Owners Association Management Service LLC
April 2022- Present
• I spearheaded the budget preparation for all communities, ensuring compliance with RERA deadlines and effective fund management.
• Spearheaded budget preparation for all communities, ensuring compliance with RERA deadlines and effective fund management.
• Prepared transparent and compliant interim and annual financial audit reports.
• Established a collaborative relationship with RERA, actively participating in meetings and workshops.
• Integrated new software and management reports within the Mollak system.
• Addressed financial matters in monthly and quarterly Owners Committee meetings.
• Generated Budget vs. Actual booking reports to ensure budget compliance.
• Ensured accurate and timely preparation and submission of quarterly VAT returns.

 Al Moosa Owners Association Management Service LLC (7th April 2022 to till date)
• Spearheaded budget preparation and fund management, implementing robust internal controls.
• Applied in-depth expertise in cost allocation studies and distribution among components and communities, including Shared cost, Dedicated cost, Sector cost, and Master community cost for additional parking and storage areas.
• Established a collaborative relationship with RERA, actively participating in meetings and workshops to discuss budget financials and ensure regulatory compliance.
• Preparing transparent and compliant interim and annual financial audit reports for external auditors and ensuring our financial management is transparent and compliant with the regulations of RERA.
• Excelling in Mollak system procedures and seamlessly integrating new software and management reports within the system
• Continuing in my current role, I diligently address financial and other pertinent matters in monthly and quarterly Owners Committee meetings, ensuring transparency and accountability. I consistently provide regular, comprehensive quarterly management reports, actively keeping OCS members informed about our community's ongoing financial performance.
• Generating Budget vs. Actual booking reports, closely monitoring financial performance to ensure rigorous budget compliance.
• Ensuring the accurate and timely preparation and submission of quarterly VAT returns in strict compliance with UAE regulations, meticulously managing both output and input VAT.

 M/s. Union Properties PJSC (From 22 Nov 2017 31 March 2022)
o Project EDACOM Owners Association Management.
• Overseeing 63 communities and a Master community in Motor City and Uptown Mirdiff, showcasing the wealth of experience in community management.
• Effectively preparing and submitting annual financial reports for all 63 communities, meticulously following RERA rules and regulations, while maintaining a robust collaboration with trusted external auditors.
• I had the responsibility of crafting the annual budget for all 63 communities and obtaining necessary budget approval from the OC members.
• closely monitoring monthly actual costs versus the budget, and consistently communicating with the operations team to ensure adherence to budgetary limits.
• I took charge of coordinating with a cost allocation expert to facilitate the revision of our cost allocation methods.
• I was responsible for maintaining 128 screw bank accounts and ensuring compliance with budget utilization guidelines set forth by the bank.
• Attending monthly and quarterly OCs meetings to resolve any pending financial issues
• Submitting quarterly VAT returns for 63 JOPs and corporate, which amounts to around 1.4 million VAT output returns each quarter.
 Project EDACOM Corporate
• Prepared and finalized Financial Statements (Balance Sheet, Profit or Loss A/c, and Cash Flow Statement) of business concerns.
• auditors for the completion of the yearly audit.
• Preparation of schedules of fixed assets and providing correct depreciation.
• Posting on a Daily base basis Cheque Receipts and Invoices. Posting of Suppliers’ (Vendor) invoices.
• Supervision Bookkeeping and issuing Monthly/Quarterly OA Revenue (Invoices),
• Passing the monthly entries for Prepaid Expenses and Accrued Liability.
• Preparation of schedules of fixed assets and providing correct depreciation.
• Posting on Daily bases Cash and Cheque Receipts and Invoices
• Passing the monthly entries for Prepaid Expenses and Accrued Liability.
 Senior Accountant. (Properties Management Retails and Residential). Project Uptown Mirdiff
Recognition of Revenue on a monthly and quarterly basis.
• Recognizing Monthly Deferred Rental Income (Monthly bases).
• Preparing cash flow for the manager to forecast & utilize funds.
• Preparation of bank reconciliation statements.
• Preparation of schedules of fixed assets and providing correct depreciation.
• Processing Tenant's SD (Security Deposit) Refund.
• Calculating and processing early termination of the Lease Agreement (Charging a Two-month penalty if applicable).
• Liaison with collections team members to ensure knowledge is transferred and tenant resolutions are appropriately communicated in a timely manner.

 2. M/s. KHIDMAH LLC. (From 6 Jan 2014 to 20 Nov 2017)

• Position: General Accountant.

Property Management.
• Receipting and Posting on daily bases Cash and Cheque (Rent, SD, Charges)
• Creating the invoice for chargeable Invoices
• Reconciliation of Many Bank Accounts.
• Following with Operation Teams for the Cash Collection and Unposted Receipt.
• Recognizing Monthly Deferred Rental Income.
• Processing on Daily Bases Tenants SD (Security Deposit) Refund.
• Calculating and processing early termination of Lease agreement (Charging Two month penalty if applicable)
• Preparation of tenant account analysis and reconciliations when tenants dispute charges to their accounts.
• Researches and answers Property Managers’ questions regarding tenant statements.

Facilities Management.
• Facilitate Proper Accounting and Record keeping with respect to FM Managed under the Company, AR Report, Supervision of Book keeping and issuing Monthly FM Revenue (Invoices), Accounts Payable, Balance Sheet Reconciliation and P&L Analysis.
• Supervision and posting of daily Transactions Accounts Receivable, Accounts Payable, Bank Receipts, JV’s
• Assisting Senior Finance Manager in AR and other related matters.
• Recognition of FM Revenue on monthly and quarterly basis.
• Analyze revenues, accruals and expenses to ensure they are recorded appropriately on monthly bases.
• working as an Accountant dealing with Accounts Payable, Accounts Receivable, Accruals, Monthly Closing, Balance Sheet reconciliation, reporting to the Senior Finance Manager.
• Posting the receipts on daily bases for Cheque and Cash (base on Cheque and Cash Deposit Slip) deposit by Cashier in Bank.
• Handling Monthly, Quarterly Fixed billing for All FM Projects of the Company
• Billing on daily bases chargeable invoices.
• Preparation of schedules of fixed asset and providing correct depreciation.
• Passing the monthly entries for Prepaid Expenses and Accrued Liability

• Position: General Accountant.

• Key Result Areas:

• Prepared and finalized Financial Statements (Balance Sheet, Profit or Loss A/c and Cash Flow Statement) of business concerns.
• Processing all payment requests from the supplier and compliance with company’ s internal control requirements including chart of authorities, Purchase orders and other statutory requirements.
• Accounting of all payments/Receipts with proper classification of accounts heads and cost center allocations.
• Monthly Payable and receivable Reconciliation with company automated record in ERP & with suppliers & customers Statement of Account.
• Liaising with purchasing department for the best selection of suppliers with most favorable terms which suits company cash flow.
• Generations of exception reports for the payments made and follow up of advance paid and outstanding for long period.
• Making the monthly project analysis reports.
• Managing petty cash.
• Settling all the LC’S-looking the time frame and other agreements
• Processing the monthly Payroll of the Staff and Labours .
• Preparation of schedules of Gratuity, Leave Salary and Air Passage of each employee.
• Prepare cash flow for manager to forecast & utilization of funds
• Preparation of bank reconciliation statements
• Monitoring the posting, balancing and reconciling of ledger accounts.
• Preparation of schedules of fixed asset and providing correct depreciation.
• Preparing income statement, balance sheet & Trial Balance on monthly basis
and send the same to the management for their approval.
• Close the books of account with full responsibility & liaison with auditors for
the completion of yearly audit.

Period: May 2008 to Nov 2009
Company: Hamdan Bin Ghanim General Contract Co.Ltd .Abu Dhabi (UAE)
Position: Senior Accountant

One of the leading Construction Company having diversified business in the fields of Construction of Villas.
• Maintaining books of accounts, preparing Trial balance & P&L account,
balance sheet and various analysis reports.
• Preparing bank reconciliation statements
• Preparing monthly payroll
• Prepares and update lapsing schedules for fixed assets (additions and deductions) and related depreciation accounts.
• Maintaining account receivable & account payable report
• Preparing budgets, cash flow statements to the managements
• Preparing LPO (Local Purchase order) enquiry and also quotation
• Scheduling payment to suppliers and other creditors
• Liaison with bank for opening letter of credit and trade finance matters
• Liaison with auditors for the completion of yearly audit

Period: Nov .2006 - Dec 2007
Company: Mehr Welfare, NWFP, D.I.Khan, Pakistan

Position: Assistant Accountant
• Handling Petty cash.
• Scrutinizing and checking all payments & receipt vouchers before closing of accounts
• Prepare monthly payroll.
• Assisting of Financial statements
• Maintaining account receivable report