Talat Kamal Rana

Mobile: +***-**********

E-Mail: ac3d8d@r.postjobfree.com

(Bur Dubai, Dubai)

Ambitious Young Professional Seeking Growth Opportunity in an MNC

Professional Synopsis

A dynamic young professional with 3 years UAE Experience preceded with 9+ years of rich and multifaceted experience in Pakistan mainly in Accounts, Finance Taxation Audit & and administrative management roles.

Well versed in Team Coordination, Business Correspondence, scheduling, Project Progress Reporting, Business Quotations, Service Proposal and Grant Writing.

Possess Hands-on expertise in

(1)VAT accounting setup and Tax (VAT) planning for MNC.

(2)IFRS compliant financial statements.

(3)Internal Control Assessment, GAP Analysis & Policies recommendations.

(4)Market Research & Marketing Plans

(5)Financial Projections and Scenario Analysis.

(6)Working Capital Management, Cash-Flow Management and Budgetary review.

International Experience

AKA Management Consultancy LLC, Dubai, UAE Jul 2017 to Date

Launched in June 2017 the firm aims to cater the local emerging market of VAT Advisory pursuant to recent Tax legislation.

Manager Operations

Ancillary Roles: Finance & Administrative In-Charge, HR Generalist, Procurement, Assistant to Consultancy Partner

oPreparation of cash budgets, rolling forecasts, and Projected Profit & Loss

powerpoint briefings on KPIs, budgetary Compliance and operational performance, organograms.

invoice issuance under progress/periodic contracts with special emphasis on VAT implications following January 2018.

o Prepare asset liability and capital account and owner current account accounting entries.

o Prepare balance sheet and Profit & Loss Account; i.e. full-set of financial statements on QuickBooks Premier Desktop Edition 2007.

o Follow Up on Collections Report, leading a coordinated response to Customer grievance, to build and maintain customer confidence, establish winning partnerships.

o Summarize monthly Financial Information in excel based Financial Dashboard.

o Opening WPS account with UAE Exchange and running Payroll for WPS, maintain cash-book, bank-book.

o Proceed for Visa applications, and ancillary on-boarding activities like exit travel

o Initiate RFQs, negotiate credit terms for IT procurement and manage supplier payments schedules.

o Process monthly scheduled payments of recurring operating expenses and renewals.

o Office administrator – All-in-one from Pantry and Office Supplies including stationary, IT consumables to sourcing Facilities Management Services.

LIN SCAN Adv. Pipeline and Tank Services Sharjah, UAE. JUL 2015 to JUL 2017

The company is a free zone company registered in HFZ Sharjah with a reported annual revenue of AED 95 million. It’s a producer of pipeline integrity management tools and provider of pipeline integrity management services to the Oil & Gas Industry mostly public sector entities like ADCO ADMA in GCC, Lukoil Komi in Russia.

Manager Accounts Receivables

Ancillary Roles: Assistance to Executive Vice President (Head of Compliance Department on) on issues of critical importance w.r.t project collectables; Project Coordination at Corporate Finance

o Controller of invoices issuance: verification of invoice promoted from project managers against activity logs of central logistics, and data analysis departments and issue correct invoice in a timely manner for technically accepted milestone (Mobilization, Successful Pig Run & Reporting) also ensuring contract specific legal and administrative timelines are adhered which lead to successful processing of invoice by client vendor management system.

oPreparation of Invoice Batches (Both Customer invoices and intercompany invoices under back to back off-shore / intercompany contracts).

o Oversee general ledger posting of invoices entered by territorial Accountants in Africa, India, Russia CIS and Europe on both Oracle R12 AR Module and In-house ERP.

o Receivables ageing for submission to lenders and Weekly Cash-inflow projection report.

o Support Project Director in a collective and effective response to Client Dispute and grievance w.r.t technical works approvals. Attend weekly project department meetings to represent technical and administrative issues of critical importance for meeting collection targets.

o Schedule collection follows up and guides project coordinators for strong business correspondences via email, letter and fax to project engineers in client organizations with the consent of respective project focal contact (project manager).

o Liaise with the legal advisor for avoidance and resolve of legal complications emanating from technical disputes.

o Prepare paperwork and manage collections received under back to back Letter of Credits.

oAssist in Commercial Review of contracts with agents and sub-contractors at the negotiation stage. Suggesting terms of payment that reflect positively on company cash-flows in adverse circumstances.

oPayables Accountant

o Applications for issue and renewal of various bank guarantees as per project award documents, letters of credit and TR documentation.

o Submission of trade finance documentary requirements of ENBD, ADCB & RAK Bank for Cross-Border Remittances (TTs, TRs, short-term Advance Payments),

o Coordination with Project and Production departments for prioritized payments like Emergency Project Cash Requirement, Prioritized sub-contractor and shipping agents payments as per monthly project milestone plan.

o Coordination with auditors for year-end reconciliations of TR account.

o Process monthly scheduled payments of recurring operating expenses and renewals majorly mobile numbers enlisted in Etisalat corporate account and company accommodation utility payments, personal mobile bills of directors, facilities management like Beeah etc.

ID&C DMCC, Dubai, UAE FY 2014 - 2015

The company is based in free zone, involved in interior design and consulting services and below is my role and responsibilities in the company.

Accounting & Internal Audit Officer

Ancillary Roles: Commercial Assistance to Owner, Cost Estimator and Cost Controller

o Maintaining books of accounts and conducts month end bank reconciliations. Month-end debtors’ reconciliation and collections follow up.

o Preparation of monthly management accounts on QuickBooks 2010.

o Submission of annual audited financial statements to regulatory authority (DMCC).

o Conduct financial bid evaluation for the award of construction projects to contractors for hi-rise and villa projects.

o Administrative support in management and selling of owned properties (residential flats under operating leases) in the UK.

Notable Domestic Experience

Leptic Labs (A Registered Partnership) Lahore, Pakistan FY 2010-2014

The firm manufactured and distributed herbal and homoeopathic medicines all over the country between 1982 and 2013. Below were my role and responsibilities in the company.

•Management Accountant:

o Preparation of monthly and annual budgets, variance reports of revenues and expenses, and conduct month end reconciliations.

o Management of working capital and cash flows.

o Preparing consumption reports of controlled medicinal substances for presentation before regulatory reviewers and audits by excise and taxation officers.

Laraib Energy Limited Islamabad, Pakistan- FY 2008-2009

Laraib Energy Limited is one of the renowned companies in Pakistan for renewable/alternative energy (hydel power generation) sector. It was first ever IDB and ADB co-financing. Below were my role and responsibilities in the company.

•Assistant Accountant

o Verification and G/L posting of expenses to appropriate cost centres.

o Verification of reimbursable expenses to employees under the company policy.

o Coordination with external auditors

o Updating of financial projections and cash flow projection reports, etc.

o Budgets, conducting variance analysis to control deviations from projections.

Grant Thornton Anjum Rahman, Lahore Pakistan FY 2006-2008

As part of the Business Assurance Services Team I served on the below clients

oARY Cash & Carry Lahore FY 2008

o Management Educational System FY 2008

oDuty Free Shops Limited FY 2007

o Punjab Industrial Estates Development Entity [PIDE] FY 2007

oSamin Textile Mills Limited FY 2007

oAA Cotton Textile Mills Limited FY 2006

oASASAH Microfinance FY 2006

Activities Performed:

Conducted audit of below cycles in line with the audit strategy and risk profile of the organisations

Audited Accounts Payable, Payroll Cycle, Cash and Bank Cycle

Conducted Inventory Audit and stock count

Report material discrepancies for inclusion to management letter.

Key Achievements

Promoted from Accounts Payable Executive to Accounts Receivables Manager at LIN SCAN advanced Pipeline & Tank Services in 6 months’ time.

Suggested and helped to implement Weekly Cash-Flow and Project Follow Ups, at LIN CAN Advanced Pipelines & Tanks Services. This, in turn, helped strengthen supplier confidence as payments schedules could be adhered more efficiently than on monthly schedules.

Suggested the implementation of Hourly time tracker for management of mobile consultancy teams at AKA Management Consultancy LLC.

Education

Swiss Business School, UAE chapter – MBA Finance - To Complete by July 2018

Institute of Chartered Accountants of Pakistan – Certified in Accounting & Finance (CAF).

Hailey College of Commerce, University of the Punjab, Lahore, Pakistan - Bachelor of Commerce (B.Com.).

Certifications

Lynchpin UAE - VAT Compliance training.

ORATECH Institute, - Certificate of Oracle Financials R12-

oGeneral Ledger module,

oReceivables module,

oPayables module,

oHuman Resource module,

oCash Management module;

Special Skills

Systems Skills

IT Skills

•ERP :

Oracle Financials-R-12

SAP – User Level

•Computerized Accounting Software

QuickBooks - Pro & Premier UK Editions

Tally ERP

•Microsoft Office -

MS Excel- Macros, Pivot, VB, Expert Level

MS Word – Expert Level;

MS PowerPoint- Expert Level

Outlook 2013- Expert Level

Social Skills

Languages

•Effective Listener and Enthusiast reader

•Win-Win Negotiator

•Loves to Write on Social Issues

•Enjoys Intellectual Discussions over Vanilla Coffee; TedTalks

English Fluent in Verbal and Written

Urdu Mother Tongue

Arabic Eager Learner

Can Read and Write the Manuscript

Contact this candidate