Zaid Mohammed Shabbir

Managing and mentoring a Team of Accountants and setting SOPs to fine tune our Accounting Process and integrating with IFRS & GAAP.
• Monitoring of Project Revenue /Expenses, & Reconciliation of Bank, Suppliers, Sub-Contractors, Petty Cash
• Maintaining a healthy Cash Flow of Business with timely follow-ups with Clients
• Responsible for CAR, CPM, Workmen, Fire, Marine insurance Policies & Claims
• Responsible for verifying & approving local LPO’s & partially controlling the purchase department.
• Monthly Reporting of Budget/Actual Cash Flows, Project P&L, Company P&L
• Handling External Auditors, General Tax Authority Queries, PSA Queries & Lawyer Requirements
• Presenting the yearly Financial Statements to the Management with its Analysis and suggesting the areas of Improvement
Achievements
• Streamlined the process of Monthly Reporting, Constant Monitoring of Overheads, Effective Coordination between the Project Team, Finance Dept and Owners. Cleared Many Past Issues. Revaluation & Provisioning of Obsolete and Non-Moving Stock. Successful Negotiations for Variances in-case of Cost Over-run with the Client. Implemented the Transfer Pricing Disclosure by GTA.
• Successfully transferred Assets to sister companies, settled Court Cases against sub-contractors

Completely responsible for Accounts Payables (P2P- Cycle),
• Also Responsible for GL Module JV Entries &GL Reconciliations
• CE Module & Knowledge of AR & FA Module
• Financial Health & Cash Flow reporting to Top Management
• Monitoring the AP Aging & Reconciliation of Statements of Accounts of Suppliers.
• Handling International Wire Transfers, Local Supplier Payments, Tender Bonds, Bank Guarantees, Fixed Deposits.
• Responsible for monthly Bank Reconciliation and passing various JV’s.
• Preparing various MIS Reports - SCM Cost Analysis, Marketing Cost Analysis, Related Party Reco, Ad Hoc Reports, Rent Feasibility, Parlor Feasibility, Parlor Construction Project Appraisal
• Documentation and adherence to the Audit Standards.
• Quarterly Stock of Warehouses and Variance Analysis.
• Interface with Internal & External Auditor.

• Completely responsible for Accounts Payables (P2P- Cycle),
• Also Responsible for GL Module JV Entries &GL Reconciliations
• CE Module & Knowledge of AR & FA Module
• Financial Health & Cash Flow reporting to Top Management
• Monitoring the AP Aging & Reconciliation of Statements of Accounts of Suppliers.
• Handling International Wire Transfers, Local Supplier Payments, Tender Bonds, Bank Guarantees, Fixed Deposits.
• Responsible for monthly Bank Reconciliation and passing various JV’s.
• Preparing various MIS Reports - SCM Cost Analysis, Marketing Cost Analysis, Related Party Reco, Ad Hoc Reports, Rent Feasibility, Parlor Feasibility, Parlor Construction Project Appraisal
• Documentation and adherence to the Audit Standards.
• Quarterly Stock of Warehouses and Variance Analysis.
• Interface with Internal & External Auditor.

Audited Bakery(DEVON) Division & Commercial Sales Division
• Handled Cash and Sales Reconciliation of 70 Branches, Bank Reconciliation and various Other Reconciliations.
• Auditing and Cost Control of the Production Process.
• Constant Recipe Costing, Monitoring and Updating to reduce the cost and wastage.
• Monthly Physical Stock Checking
• Checking the Raw Material & Finished Goods Variances
• Checking the correctness and completeness of Accounting Process.
• Preparing various MIS Reports- RM & FG Variance Analysis, Sales Analysis, Sales Breakup, Production Analysis, Consumption Analysis, Scrap Analysis and Additional Annexures for Financial Statements.

• Had first-hand experience in dealing with top Investment Banks on behalf of our Client Organizations.
• Setting up CSA (Credit Support Annexure), laid down by ISDA (International Swaps and Derivatives Association)
• Fulfilling the Margin requirements of Collateral for OTC Derivatives Trade.
• Disputes Reconciliation and Portfolio Controls.
• Dealing with Clients, Custodians and Counterparty.