ACCA Member having more than 6 years of extensive experience in Financial Accounting, Management Reporting and Data analysis of diversified businesses. Well versed at IFRS, system implementation, AR/AP management, CAPEX/OPEX recognition and analysis, Payroll processing and ad-hoc reporting. Proficient in Quickbooks Online, MS Dynamics GP 2015, MS Dynamics NAV 2013, Sage 50 Cloud, Advanced Excel (Power Query, DAX, formulas), Word and Powerpoint. Having sound experience in project costing, budgeting, variance analysis, internal control framework and streamlining business processes.
Weekly corporate dashboard reporting of financial performance. Weekly analysis of 1099 payments. Weekly analysis of temporary employee payment and hours worked. Monthly analysis of total regular, overtime hour worked for relevant warehouse locations. Daily discussion of freight activities with relevant warehouse manager for performance analysisand change in warehouse related expenses. Approval of temporary employee invoices for payment. Communicating with vendor/agencies regarding discrepancies in invoices and payment status. Daily reporting of hours worked by hourly and temporary employee for previous day. Preparing and recording of accrual on monthly basis. Vendor account reconciliation. Weekly bank reconciliation. Processing of customer claims/refunds. Automation of accounting and finance processes as required by HOD. Ad-hoc reporting.
Reviewing contract (JCT UK & corporate contracts) and advising management about key clauses and its appropriateness.
Preparing applications for the work done during the month in coordination with Project manager and director operations.
Reporting of WIP schedule and proposed month end accounting adjustments to match cost with revenue to achieved estimated gross margin on monthly basis.
Updating individual contract sheet i.e. amount applied vs amount certified vs amount invoiced.
Accounting for retention withheld and release.
Accounting for factoring of invoices raised during the month and reconciling ledger with fund account and bank statement.
Accounting for CIS deduction and preparing monthly returns.
Verifying PO vs PI report and recommending adjustment against significant variances.
Actively participating in weekly meetings to remain updated with current business’s market situation.
Reconciling contract sheet for revenue accruals.
Prepared FY2019 budget for the group.
Liaison with group auditor and closed FY2017 group accounts including of subsidiaries by collaborating with VP Finance.
Developed processes for third party sales (Uber Eats) reporting using advanced excel techniques.
Managing weekly sales reporting of 15 entities ensuring accuracy.
Preparing weekly food cost report for major entities and review reporting of subordinates.
Extracting and reconciling bank deposits with POS system.
Monthly closing of accounts for different entities: preparing accruals, payroll & OPEX processing, posting of sales JEs in ERP system.
Preparing and reporting of P&L statements for 15 entities and resolving queries received from CFO & VP finance.
Ensuring accurate inventory reporting by the market leader through timely correspondence.
Training team members on new reporting requirement by the higher management.
Liaison with supervisor AP to ensure all invoices are posted into relevant period.
Reconciling daily deposits with POS ensuring effective cash management.
Weekly inventory reporting for entire group.
Helping team members regarding MS Excel reporting issues/errors.
Guiding team members regarding paid out categorizations and reclassification.
Rectifying transaction errors by posting adjusting entries
Independently conducted and reported on ad-hoc internal audit of Fujairah Branch.
Designed, presented and implemented new accounting system, internal controls and SOPs across the branch.
Advised executive director in evaluation of different ERP systems for implementation purpose.
Coordinated with senior accountant in registration of group companies and individual partners with Federal Tax Authority (UAE) for VAT purpose & advised management for transactional compliance.
Maintaining error free GL accounts by processing accounting transactions in accordance with IFRS and company polices.
Analyzing financial data for financial status reporting of entity and of individual partner.
PDC processing, status reporting and record maintaining and depositing in timely manners.
Applying IAS 17 lessor perspective of accounting to individual tenancy contract.
Project costing, variance analysis and reporting of causes of significant diversion from budgeted cost with recommendations.
Processing adjusting entries for closure of books of accounts on monthly, quarterly and yearly basis.
Preparing interim and annual financial statements.
Debtor/Creditor reconciliation, managing, reporting and analysis.
Payroll processing whilst ensuring compliance with Ministry of Labour (UAE) requirements.
Preparing monthly bank reconciliation statements.
Computing input and output tax, determining tax liability/refund based on provisions of Tax decree law.
Performing annual financial statement audit of client from construction, hospitality and trading sector.
Engaging with client staff in asset tagging process and bookkeeping of SMEs in capacity of non-audit services.