AZIM HUSSAIN PARKAR

Email: ac6811@r.postjobfree.com & ac6811@r.postjobfree.com Mobile No: +971********* India: 009*********** or 009***********

(Skype id: azimparkar45)

OBJECTIVE

To pursue a career with a progressive world class financial services by ensuring that strategies are transformed into achievements and growth of the company.

SUMMARY OF EMPLOYMENT HISTORY & PERFORMANCE

Employer

Place

Designation

Period

Responsibility

ADNOC Group (ADMA-OPCO) Abu-Dhabi Marine Operating Co. Das Island

Abu-Dhabi U.A.E

Production Site Accountant & Controller 19th January 2003 till 4th Dec 2016

14yrs

Budgeting, Reporting, Variances Analysis, Contracts, Cost Control, Payables, Receivables, Accruals, Invoicing, Monthly & Yearly closing, payroll cost coding, chart of accounts etc.

Mannai/Geo logistic Qatar W.L.L

Qatar

Senior Accountant Aug-01 To Oct-02

1 yr

Petty cash, Stock, Accounting book keeping Reconciliation refund audit Supplier payments & Invoices Debtor accounting and collections Monthly reporting, Staff claims, Accounting & Review of Accrual/

Year-end Adjustments

AL Ghaith Shipping Co L.L.C.

Dubai

Chief Accountant Feb-1999 To Mar-01

3 yrs

Total in-charge of Air Freight accounts.

Swift Freight International L.L.C

Dubai

Accountant Mar-1998 To Jan-99

1yr

In-charge Divisional branch accounting

AL Mira Trading Establishment

Saudi Arabia

Accountant Apr-1993 To Sept-97

5 yrs

Receivables / Payables / Sales / Bank Reconciliation P/L, B/S

M.M.Khan & Co (C.A firm)

India

Accountant Apr-1990 To Oct-1992

3 yrs

Preparation of Sales taxes(tax paid on total sales), CST tax(tax paid on sale out of state), VAT tax,(value added tax paid on local sales)GST tax (Good & Service tax)Income tax (tax paid on Income)etc.

CURRENT JOB EXPERIENCE – (ADMA OPCO – Abu Dhabi Marine Operating company UAE)

Main Duties & Responsibilities (2003 till 2016)

Ensure all the financial processes are in line with ADMA-OPCO Accounting Guide, procedure manuals and Financial Authorities.

To supervise asset unit financial activities to ensure smooth run of operation and administration.

Prepare and / or direct the compilation of a wide variety of statistical and financial reports.

Assist in developing a transparent commitments system in the unit for internal and external commitment.

Coordinate CAPEX / OPEX Budgets through proactive participation in all budget activities and discussions at all level; being DID focal point for all budget and cost control matters.

Classify capital expenditure into different asset group in accordance with shareholders requirements and in condition with supervisor.

Co-ordinate asset unit capital and operating budgets preparation in line with the company target and directives, including preparing documents relevant to cost data proper budget allocation, system input and monitor actual expenditure against budget.

Plan scrutinizes and advice as appropriate budget proposals documentation through the BUDGET Request Forms (BRs) in line with Divisional work programs.

Monitor expenditure against budget on monthly basis to ensure budget performance within DID is appropriately controlled and documented.

Reviewing the chart of accounts and ensure proper costing structure, review all charges appearing on the monthly expenditure reports, highlighting significant variances between the budget and actual, investigating and correcting anomalies and coordinating with concerned RO’s on variances for DID Financial reporting.

Participate in the preparation of (SLA) service level agreements with the asset and support units and ensure implementation of agreements related to DID.

Controlling the process of Authorization for expenditure (AFE’s) and the process of services or materials requirements (CR’s / PR’s). Check and endorsed for correct allocations, adequacy of funds and authority limits. Ascertain manpower contracts requisitions is properly authorized and routed for endorsement.

Participate in the Monthly and Annual closing accounts in liaison with Finance division.

Ensure timely preparation and reporting of accruals, provisions of pre-payments for necessary consolidation of accounts by finance division.

To provide statistical data for re-allocation of support cost.

Scrutinize and follows the Manpower Self Billing payment process including the co-ordination with HR.

Control the process of direct Recoveries from third parties/other Associated companies for services rendered and participate in the preparation of cash requirements for commitments on due dates.

To ensure proper recording of Invoice payment certificate received and timely process of approved expenditure through contract payment authorization.

Keep custody and maintain the contracts reviewing and processing contractors invoice’s to ensure compliance with contracts terms and conditions.

Follow up suppliers and contractors invoices IP’s for material supplied/services rendered including recovery of services rendered to third parties / other associated companies preparation of cash requirements for commitments, periodic reconciliation of major suppliers, statements of accounts and clearance of outstanding as necessary.

Maintain and ensures DID Asset Register under ADMA-OPCO Custodianship is updated on Annual basis.

Reviews and amends Capital expenditure classification into different asset groups and ensures meeting SHAREHOLDERS requirements.

Participated in the ongoing training developments of assigned UAE National.

Participated in Knowing the company Health, Safety and environmental policy.

ACADEMIC CREDENTIALS

Master of commerce, (M.Com) Bombay University, May 1992 (Specialized in Major Advance Accounting and Cost Accounting, Business Policy and Administration)

Bachelor of commerce, (B.Com) Osmania University, Oct 1990

Higher secondary education, Maharashtra Board, Oct 1987

Secondary education, Pune Board, June 1985

Computer Proficiency

Executive Development Program (BITS) 1992/93

MS-Office word, excel and Advance Power point

Diploma in Computer Application Windows 95 & MS-Office Dec-1997

Microsoft Power point -2003 Advanced in May 2006

AL Kharwarizmi Institute UAE Ms Excel Advance – May 2007

Other Extra Training Courses

New Horizon Management Consultants Dubai:

Completed successful Seminar on Documentary Letters of Credit July, 1999

Practical Accounting and Auditing – 2 from Al Ghaith & Co (Public Accountants) UAE

Training course held in June 1999 covered (Financial Statement Analysis, Statement of Cash Flows, Operating Performance Measures, International Accounting Standards, and Accounting for Foreign Trade.

Advanced Planning, Budgeting & Cost Control from Petro lab Dubai UAE

Training course held in February 17-21, 2008 covered – Procedures & Type of Budget, Risk Management, Variances Report, Capital Budgeting etc.

Team Work & Collaboration UAE – Jan 2012

Reference

1.Mr. Ahmed Ali Al Hammadi (050-*******) Management Account Manager

2.Mr. Imran Khan (050-***-****) Controller System and Procedures

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