محمد وحيد

Lynchpin is the leading financial training company with abased in United Arab Emirates, headquartered in Dubai Knowledge Village with branches in DIFC, Band Abu Dhabi. Apart from Training Operations Lynchpin Group is also providing Consultancy Services in UAE. Lynchpin Group provides coaching for globally recognized certifications as ACCA, CPA, CIA, CFA, FRM, IFRS Qualifications, CMA, and others.

As Finance Officer at Lynchpin Group of Companies: -

 Reporting company-wise and overall management reports on monthly basis.
 Financial reporting to key management include CEO. Preparing Management accounts on monthly basis and annual accounts.
 Supervising data & information sharing between offices according the different needs of stakeholders.
 Drawing new policies for all the group companies and its overall implementation.
 Ensuring the legal aspects of the business are covered before the company interacts with new suppliers and customers.
 Negotiations for recovery of overdue amounts from customers & prepayments with suppliers.
 Advising the key management on different ways to reduce expenses and improve efficiency.
 Reconciling bank accounts on monthly basis of all offices.
 Reconciliation of receivables and vendor balances
 Preparation and monitoring of Budget/Work Plan.
 Maintenance of Cash Book.

Al-Saraya Group of Companies is doing business in the field of Construction of all types, furniture manufacturing of all types, interior designing, decor, real-estate consultancy, real estate and manpower recruitment agency.

Group consists of the following companies that I am independently responsible for accounting, finance and administrative tasks: -

- AL-SARAYA FURNITURE UPHOLSTRY & DECOR LLC (AJMAN)
- AL-SARAYA GENERAL MAINTENANCE LLC (ABU DHABI)
- FAN AL SARAYA TECHNICAL CONSTRUCTION LLC (SHARJAH)

JOB RESPONSIBILITIES
Accounting, Administration and Management

 Reporting directly to the Managing Director. Collaborate with various levels of management to gather information.
 Maintaining Accounts (up to Finalization) in a computerized environment; preparing invoices, posting all vouchers in the system, organizing Financial Statements like: Trading, Profit and Loss Account, Balance Sheet etc.
 Verification and posting transactions to journals, ledgers and other records following the bookkeeping procedures.
 Preparation of month-end general ledger close journal entries and supporting reconciliations.
 Preparation of Monthly Financial Statements and other schedules.
 Primarily responsible for handling all aspects of the daily accounts payable, accounts receivable and other general accounting functions.
 Preparation, distribution, processing for Payroll and calculation for overtime and deductions.
 Assist in the preparation of Wage Protection System (WPS).
 Monthly /weekly bank reconciliation statement reporting and monthly payment schedule.
 Analyzing and Interpretation of data to determine past financial performance and to project financial probability.
 Planning and performing cost/benefit analysis related to projects and preparation of financial reports to determine forecasts, trends and results analysis.
 Day to day Cash Management.

Worked at various levels of organization hierarchy. During my tenure I have conducted and finalized various accounting assignments, audits, provided corporate and financial advisory and provided tax consultancy and advice to various listed, public unlisted and economically significant, private limited concerns, NGOs, and association of persons having diversified activities on large and small scale basis mainly in the following fields: -

• Textile • Securities/Brokerage houses
• Leather processing • Dairy
• Engineering • Software Houses
• Construction • Furniture Manufacturing Company
• Steel re-rolling • Services Organizations
• NGOs • Poultry Feed Manufacturing
• Provident Funds/Gratuity Funds • Aviation Services

My responsibilities included the following: -
 Preparation /examination, analysis and review of financial statements and accounting systems for the purposes of forming audit opinion as per statutory & professional requirements of local, public sector and multinational organizations.
 Planning, execution and completion of various audit assignments which included responsibilities for conducting preliminary reviews, drafting audit programs, supervision and review of work of staff, reporting to engagement partner as well as establishing and strengthening of cordial client relationship through liaisons at various levels of client personnel including top management.
 Carried out fraud investigation in various organization and issued opinion on the findings.
 Provided a comprehensive range of management and financial accounting services to the firm’s clients which included preparing final accounts from incomplete records, preparing financial statements, reconciling general ledgers and bank accounts, general ledger maintenance, trouble shooting and maintenance.
 Planning and implementing Internal Control Systems
 Ensure the adequacy and effectiveness of the accounting and internal control systems
 Ensure the compliance of internal and external requirements like, company policies, taxation and corporate laws
 Preparation and supervision of books of accounts and financial statements
 Preparation of management reports for analysis and decision making
 Preparation of Production Accounts
 Preparation of accounting systems of various organizations