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VAJID AHMED KHAN, Sr.Accountant

VAJID AHMED KHAN

Sr.Accountant·MGM University

India

Master's degree, International Business

Work experience

Total years of experience: 29 years, 4 months

Sr.Accountant

October 2022 - Present

MGM University

Aurangabad, India

October 2022 - Present

• Oversaw financial operations across three colleges, ensuring compliance with accounting standards and regulations.
• Managed budgeting and forecasting processes, enhancing financial planning accuracy and resource allocation.
• Streamlined accounting procedures, resulting in improved efficiency and reduced processing time.
• Collaborated with cross-functional teams to provide financial insights that supported strategic decision-making.
• Implemented robust internal controls, minimizing financial risks and safeguarding institutional assets.
• Prepared comprehensive financial reports for stakeholders, facilitating transparency and informed decision-making.
• Led a team of accountants, fostering professional development and enhancing team performance.

Company industry:
Vocational Education
Job role:
Accounting and Auditing

"MANAGER ACCOUNTS."

October 2022 - Present

MGM University

Aurangabad, India

October 2022 - Present

• Led the planning and execution of monthly, quarterly, and annual closure schedules, ensuring timely delivery of financial statements.
• Administered the closing process, ensuring accuracy in financial reporting and compliance with accounting standards.
• Identified and rectified misclassifications and unaccounted entries in the general ledger, enhancing data integrity.
• Developed and presented comprehensive weekly and monthly management reports, focusing on cost-benefit analysis, productivity, inventory turnover, and cost variance, driving informed decision-making.
• Controlled and maintained fixed assets, optimizing reporting processes and enhancing asset management efficiency.
• Fostered a culture of continuous improvement, contributing to streamlined financial operations and enhanced organizational performance.

Company industry:
Higher Education
Job role:
Administration

Head Commercial

July 2015 - September 2022

Airox Technologies Limited.

Aurangabad, India

July 2015 - September 2022

• Led the maintenance of cash and bank books, ensuring accurate processing of payments to enhance financial integrity.
• Prepared age-wise debtor statements and accounts receivable reports, improving cash flow management.
• Conducted thorough reconciliation of vendor ledgers, enhancing accuracy in financial reporting.
• Managed petty cash books and subcontractor ledgers, streamlining cash management processes.
• Ensured compliance with external audit requirements by meticulously cross-checking documentation, fostering transparency and accountability.
• Developed strategies to optimize financial operations, contributing to overall organizational efficiency.
• Collaborated with cross-functional teams to support financial decision-making and strategic planning.

Company industry:
Medical & Healthcare Equipment
Job role:
Management

"HEAD COMMERCIAL".

July 2015 - September 2022

Airox Technologies Limited.

Aurangabad, India

July 2015 - September 2022

• Managed the maintenance of cash and bank books, ensuring accurate payment processing and financial integrity.
• Prepared age-wise debtors and accounts receivable statements, enhancing cash flow visibility.
• Conducted thorough reconciliations of vendor ledgers, petty cash books, and subcontractor accounts, improving financial accuracy.
• Ensured compliance with external audit requirements by meticulously cross-checking documents against schedules.
• Collaborated effectively with the finance team to prepare annual financial schedules, contributing to strategic financial planning and reporting.
• Demonstrated strong analytical skills and attention to detail, driving efficiency in financial operations and reporting.

Company industry:
Medical & Healthcare Equipment

" DIVISIONAL MANAGER ACCOUNTS".

May 2010 - July 2015

NEOSYS EQUIPMENTS

Aurangabad, India

May 2010 - July 2015

• Served as Divisional Manager Accounts, overseeing statutory and financial audits for manufacturing and trading companies.
• Maintained accurate books of accounts for diverse clients, ensuring compliance and financial integrity.
• Conducted comprehensive annual audits, enhancing operational efficiency and accountability.
• Managed inventory register, producing detailed inventory valuation reports and optimizing inventory flow.
• Prepared working capital statements, facilitating informed financial decision-making for clients.
• Developed statutory documents for long-term borrowings from commercial banks, supporting client financing needs.
• Compiled and analyzed Profit & Loss statements and Balance Sheets, providing critical insights into financial performance.

Company industry:
Installation & Technical Services

"ACCOUNTS OFFICER

September 2005 - May 2010

Creative Engineering Services

Aurangabad, India

September 2005 - May 2010

• Oversaw statutory and financial audits for fabrication and trading companies, ensuring compliance with regulatory standards.
• Maintained accurate and comprehensive books of accounts for multiple clients, enhancing financial reporting accuracy.
• Conducted thorough annual audits, identifying discrepancies and implementing corrective measures to improve financial integrity.
• Managed the inventory register, producing detailed inventory valuation reports and optimizing inventory flow for better resource management.
• Developed strong analytical skills through financial analysis and reporting, preparing for a transition to a Sr. Accountant and Finance Manager role.
• Demonstrated leadership in financial operations, positioning myself for advancement to Finance Controller.

Company industry:
General Engineering Consultancy

/ Companies Relation Officer

February 1997 - September 2005

Umm Al Qura General Hospital

Mecca, Saudi Arabia

February 1997 - September 2005

• Managed and maintained accurate books of accounts for multiple clients, ensuring compliance with financial regulations.
• Developed and negotiated medical insurance agreements with companies, enhancing client relationships and service offerings.
• Oversaw the settlement processes of insurance companies, ensuring timely and accurate record-keeping.
• Streamlined accounting processes, improving efficiency and reducing discrepancies in financial reporting.
• Collaborated with cross-functional teams to support financial decision-making and strategy development.
• Leveraged strong analytical skills to identify trends and provide insights for financial planning and budgeting.
• Demonstrated a commitment to maintaining high standards of financial integrity and transparency.

Company industry:
Other Healthcare Services

Education

Dr.Babasaheb Ambedkar Marathwada University, Aurangabad, India

March 2019

March 2019

Master's degree, International Business

India

University IMTR Pune India

March 2009

March 2009

Master's degree, Master of Business Administrative

India

Dr. Babasaheb Ambedkar Marathwada University , Aurangabad , India

January 1987

January 1987

High school or equivalent, Commers

India

GPA (percentage): 67.50%

GPA (percentage): 67.50%

Maharashtra State Board Pune

March 1984

March 1984

High school or equivalent, Commerce

India

Maharashtra state Board Pune

March 1982

March 1982

High school or equivalent, Math and Science

India

Skills

ACCOUNTING
Expert
ACCOUNTING
Expert
ACTING
Expert
ACTING
Expert
EXTERNAL AUDITOR
Expert
EXTERNAL AUDITOR
Expert
FIXED ASSET
Expert
FIXED ASSET
Expert
INVENTORY VALUATION
Expert
INVENTORY VALUATION
Expert
PETTY CASH
Expert
PETTY CASH
Expert
RECEIVABLES
Expert
RECEIVABLES
Expert
RECONCILIATION
Expert
RECONCILIATION
Expert
ACCOUNTING
Intermediate
ACCOUNTING
Intermediate
DAIRY FARMING
Intermediate
DAIRY FARMING
Intermediate
DATA ANALYSIS
Intermediate
DATA ANALYSIS
Intermediate
ELECTRONIC DATA INTERCHANGE
Intermediate
ELECTRONIC DATA INTERCHANGE
Intermediate
ENGINEERING ANALYSIS
Intermediate
ENGINEERING ANALYSIS
Intermediate
FOOD PROCESSING
Intermediate
FOOD PROCESSING
Intermediate
HOSPITALITY
Intermediate
HOSPITALITY
Intermediate
MANAGEMENT
Intermediate
MANAGEMENT
Intermediate
PLANNING
Intermediate
PLANNING
Intermediate
TEXT PROCESSING
Intermediate
TEXT PROCESSING
Intermediate
SETTLEMENT
Expert
SETTLEMENT
Expert
BALANCE SHEET
Expert
BALANCE SHEET
Expert

Languages

Hindi

Expert

English

Expert

Marathi

Expert

Arabic

Expert

Training and Certifications

Certifications
B

Hobbies and interests

Crikect

NA