I joined PARACHA AUTO PARTS CO as assistant manager finance & admin. I am managing financial Accounts, Cost management Accounts, Administrative issues and other task relevant for the operations of the organization.

I started with Q-Connect as Accounts Manager in evening to night shift and i am managing their accounts from transaction to profit and loss and SOFP as per IAS & IFRS.

Its my recent appointment so i successfully drafted the Charts of Accounts with coordination of Managing Director to meet the specific reporting requirement.

I successfully drafted accounts from data entry to financial reports. I completed their one year accounts in just three months period. I completed my task and moved on.

1. Managing the Accounts & Finance operations of the organizations.
2. Open Bank Accounts for all Group of Companies.
3. Arrangement of following facilities for all group of companies separately.
a. OD Limit.
b. Sanction LC Limit.
c. Bill discounting.
d. Cheque Discounting.
e. LC Discounting.
4. Coordination and directing the preparation of the budget and financial forecasts and report variances.
5. Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue recognition.
6. Coordinate and direct the preparation of the budget and financial forecasts and report variances.
7. Prepare and publish timely monthly financial statements.
8. Coordinate the preparation of the regulatory reporting.
9. Research technical accounting issues for compliance.
10. Support month end and year end processes.
11. Ensure quality control over financial transactions and financial reporting.
12. Manage and comply with local government reporting requirements.
13. Develop and document business processes and accounting policies to maintain and strengthen internal controls.
14. Manage day to day Cash Flow for all group of companies.

a Managing the Corporate Finance Function for company’s operations in UAE.
a Managing the Accounts, Preparing the Financials for management information, TT Transfer, LC Requisition and online payments.
a Annual Corporate Budgeting and monthly performance review vis-à-vis Budget.
a Managing the Shipping of goods, Bill of Lading, payments, and coordination.
a Ensuring effective Fund Management/Liquidity Position at all times.
a Ensuring all corporate legal compliances is in place.
a Project Assignments / CAPEX based on management requirements.
a Constant focus on identifying opportunities of profit maximization.
a Coordinating with Corporate Lawyers, Bankers and Auditors on various Legal/Corporate matters.
a Implementation of innovative methods to improve collections and reduce the DSO.
a Managing the Finance Function for company’s operations.
a Finalization of Budgets, constant monitoring of results/deviations and periodical reporting.
a Setting up of accounting procedures and policies.
a Ensuring all corporate legal compliances is in place.
a Ensuring effective Fund Management/Liquidity Positions.
a Coordinating with Corporate Lawyers, Bankers and Auditors on various legal/corporate matters.
a Preparation of the financial statements, and successfully completion of Audit as special assignment and achievement as I was new in this organization.

• Prepare asset, liability, and capital account entries by compiling and analyzing the account information.
• Document financial transactions by entering account information.
• Recommends financial actions by analyzing accounting policies.
• Summarizes current financial status by collecting information; preparing balance sheet, profit & loss statement, and other reports.
• Substantiate financial transactions by auditing documents.
• Maintain financial security by following internal controls.
• Answers accounting policies & procedures queries by interpreting IAS & IFRS Policies.
• Monthly payroll working preparation from collecting all staff attendance records till working sheet, disbursement & pay slip distribution.
• Successfully prepared the payments of suppliers, Taking rebates, different product discounts, Promotion discounts, supplier supports, early payment discounts, and progressive discounts as per the agreements with suppliers.
• Verification of payment voucher and approval by senior management and ensuring the successful completion of payment process by handling signed Cheques.
• Work as a key accounts executive for the designated clients of the company
• Recording staff expenses and making the payments.
• Reconciliation of vendor statements with ledgers and resolving the differences.
• Restaurant and super markets petty cash expense receipt, checking and organizing reimbursement.
• Bank reconciliation of all bank accounts including credit card settlement.
• Maintenance of asset register & updating
• Management of funds flow available and cash forecasting for making payments.
• Monitoring intra group funds transfers.
• Maintaining fixed asset register and recording new assets acquired.
• Maintaining the Vendor Master file and posting of journal entries to general ledger.
• Successfully performing month end activities.
• Maintaining the files and documents accurately and in accordance with company policies and procedures.