Waseem Abbas

• Managed full-cycle accounting and maintained accurate, up-to-date books of accounts for a diverse portfolio of clients.
• Processed and recorded all key financial transactions, including posting comprehensive journal entries and vouchers for purchases, sales, expenses, inventory, prepaid accounts, and fixed asset depreciation.
• Ensured tax compliance by accurately performing monthly VAT reconciliation and preparing detailed VAT audit reports using Excel for each client.
• Executed precise financial controls through routine cash and bank reconciliations to verify transactional integrity and detect discrepancies early.
• Contributed directly to client reporting by assisting with the timely preparation of accurate monthly/annual financial statements and essential management reports.
• Maintained rigorous adherence to all UAE and international financial regulations and accounting standards (e.g., IFRS/GAAP).
• Provided critical support to the Senior Accountant in executing efficient month-end and year-end closing processes, as well as compiling specialized Financial and MIS (Management Information System) reporting.
• Streamlined workflow by diligently handling the data entry and processing of all voucher types, ensuring transactional accuracy.

• General Ledger Management: Maintain and oversee the integrity of the General Ledger, executing meticulous posting of all journal entries (adjustments, accruals, amortization, and depreciation) to ensure accurate financial records.
• Reconciliation Mastery: Independently perform complex and high-volume monthly reconciliations for all major balance sheet accounts, including bank statements, cash accounts, and credit facilities, resolving discrepancies promptly.
• Month-End Closing: Own and execute the entire month-end and year-end closing cycles, adhering strictly to deadlines and ensuring all required schedules and working papers are completed accurately.
• Fixed Assets and Inventory: Manage the Fixed Asset Register, tracking acquisitions, disposals, and calculating monthly depreciation. (If applicable to the company: support the reconciliation of perpetual inventory records to physical counts.)
• Cash and Treasury: Monitor daily cash flow and bank balances, performing necessary transfers and verifying banking transactions to support operational liquidity.
• Compliance Support: Ensure all core accounting practices adhere to local accounting standards and company policies, preparing supporting documentation for internal and external audit requirements.

• Spearheaded meticulous financial and document verification for all retail loan applications, ensuring the authenticity of submitted financial statements and collateral documentation to eliminate potential fraud.

• Conducted comprehensive credit risk assessments on potential borrowers, analysing financial health and repayment capacity to ensure loans were extended only to genuine and qualified applicants.

• Reviewed and scrutinized existing loan portfolios to proactively identify early warning signals, deter fraudulent activities, and mitigate the risk of deterioration in asset quality, thereby minimizing Non-Performing Loans (NPLs).
• Developed and enforced robust internal controls during the underwriting process to safeguard the bank's assets and ensure strict adherence to all internal policies and regulatory requirements.
• Partnered with Legal and Compliance teams to ensure all loan documentation and review processes strictly adhered to regulatory frameworks and industry best practices.
• Maintained detailed, transparent credit documentation and financial analysis reports, ensuring an auditable trail and accountability across all lending activities