Sheikh Muhammad Abubakar Abubakar, General Accountant

Sheikh Muhammad Abubakar Abubakar

General Accountant

Bahman Enterprises Group

Location
United Arab Emirates
Education
Master's degree, ACCA
Experience
4 years, 11 Months

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Work Experience

Total years of experience :4 years, 11 Months

General Accountant at Bahman Enterprises Group
  • United Arab Emirates - Dubai
  • March 2016 to March 2017

• Maintaining account payables by making LPO, recording invoices, performing ageing analysis and dealing with suppliers on regular basis regarding payment.
• Preparation of LC documents for the bank, performing costing and allocation of cost to the stock in the system.
• Payment of monthly utilities bill through cheque and credit card and keeping track of loan payments.
• Preparation and issuance of cheques and recording payment against the invoices.
• Managing daily petty cash demands by collecting petty cash demand forms from different departments, reviewing them and preparation of cheque.
• Keeping up to date Bank balances in the system by recording all the payments and receipts on daily basis.
• Performing bank reconciliation on regular basis and identification of any differences.
• Preparation of payroll by keeping record of any addition or deductions for the employees and bank documents for the WPS salary transfer.
• Preparation of regular cash flow forecast, incorporation of rebates and deductions from customers and analyzing any difference between actual and forecast.
• Application of payment received against the invoices in system and keeping up to date record of all customers.
• Ensuring that debts are paid in a timely manner by rigorous follow up of overdue invoices.
• Handling and recording of intercompany transactions and performing intercompany reconciliation on regular basis.
• Preparation of different MIS reports as requested by the management for the purpose of decision making.
• Preparation and of employees’ Final settlement by calculating their gratuity and end of service benefits.

Accountant at Bir-Al-sabia technologies (Pvt) ltd
  • Pakistan - Rawalpindi
  • May 2013 to December 2015

• Recording Journal entries, maintaining Ledger accounts and Trial Balance.
• Matching of Daily Sale Collections with the computerized sales record.
• Maintained Account Receivables and Payables and performing Ageing Analysis on Receivables and terms finalization with Payables.
• Payroll processing including Employees expenses Reports and statutory or non-statutory deductions.
• Conducted Perpetual and year end Stock count to calculate the value of the Stock and identification of obsolete and slow moving stock.
• Day to day dealing with the Bank regarding payments, cheques clearance and preparation of Bank Reconciliation
• Follow up of Receivables by sending them reminders through emails and phone calls and achieved receivable’s target.
• Management of Petty Cash payments and reimbursement on daily basis.
• Dealing with other Departments such as Human Resource, Sales & Marketing.
• Finalized the year end Accounts by making Income Statement, Balance Sheet, Cash flow Statement, Statement of Changes in Equity & Notes to the Accounts.

Auditor at Rahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants.
  • Pakistan - Lahore
  • July 2011 to August 2012

• Performed an effective team player role during different audit assignments.
• Learned internal control systems of clients and performed risk analysis.
• Collected audit evidence by applying audit procedures using clients ERP system.

Education

Master's degree, ACCA
  • at Center of Financial Excellence (CFE)
  • August 2011
Bachelor's degree, Accounting/Commerce
  • at THE UNIVERSITY OF PUNJAB
  • August 2007

Specialties & Skills

Financial Management
Auditing
Reporting
Ms-Office
Peachtree
Tally ERP 9
Quick books
Microsoft Dynamics Navision

Languages

English
Expert
Urdu
Expert

Hobbies

  • Reading Newspaper
    Reads Business and Finance section of newspaper in leisure time.