Post Job Free

Resume

Sign in

Chief Accountant, Maanger Finance

Location:
Dubai, United Arab Emirates
Salary:
AED 10000
Posted:
July 21, 2018

Contact this candidate

Resume:

NOMAN AHMED

Al-Quoz, Al-Khail Gate-*, Building *-12B, 601, 6TH Floor,

Dubai, UAE

Cell: 055*******, Email: ac6cp6@r.postjobfree.com

CAREER SUMMARY

Having 16 years of experience in the field of Accounts, Finance, Compliance and management, financial reporting, business leadership and working with Board of Directors, Banks and Attorneys.

Highly knowledgeable and familiar with all aspects of finances, including budgets, cash forecasts, business valuations, Islamic Finance, banking, audits, inspections, Regulatory Authorities reporting, business plan development.

Formulate and establish policies, procedures, and strategies to ensure that a company complies and operates in accordance with statutory and legal provisions.

Attended meetings with company shareholders and the board of directors and acting as a point of communication between them,

Area of Expertise:

KEY RESPONSIBILITIES

Responsible for financial and management functions including the review of systems of internal controls and financial procedures. All financial reporting to regulatory bodies.

Preparing financial statements and quarterly reports and its analysis, liaison with the external auditors in finalization of the annual accounts.

Implemented the annual budget. Arranged budget process with all departments and senior management, concluding the presentation of a final budget for approval of the Board of Directors. Implemented fortnightly forecasting of financial results versus the budget.

Advice the management from the financial perspective, on contracts into which the organization entered.

Correspondence with the banks for availing credit facilities and submission of the documents as per their requirements.

Manage the accounting system including accounts payable, accounts receivable, general ledger, project costing, inventory, cash flow projection, credit and corrections to contribute to overall financial and performance results. Ensure compliance with corporate, local statutory requirement through appropriate record keeping.

Financial & Strategic Planning

Complex Business & Tax issues

Budget Development & Management

Accounting & Financial Operations

Code of Corporate Governance

Business Expansion & Startups

Company Regulations

Staff Management & Development

Compliance

Merger and Acquisitions Negotiations

Maintaining a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.

Preparation of monthly payroll of the company and reconciliation of accounts with the banks.

Strong coordination / participation with capital market department for reporting of investments and settlements.

Ensuring all month end journals are posted in a timely and accurate way with appropriate supporting information.

Supervising audit team, prioritizing and scheduling tasks, and performing regular performance analysis.

Planning objectives and auditing strategies that address risks, accounting systems inspection, recording transactions, and presenting reports based on audits

Reviewing of audit working papers and completeness of audit files in timely manner.

Executing audit test work as well as managing all aspects of audit engagement independently. Other Key Responsibilities in the Islamic Investment Bank and Modaraba’s:

Dealing with the customers for the facilities like Morabaha, Musharakah, Leasing, Trading etc.

Being a member of the credit committee analyze the financial proposal as per modaraba regulations issued by the Securities & Exchange Commission of Pakistan(SECP). SECP is the financial regulatory agency in Pakistan whose objective is to develop a modern and efficient corporate sector and a capital market based on sound regulatory principles, in order to encourage investment and foster economic growth and prosperity in Pakistan.

Analysis of the financial statements of the customer.

Ratio analysis as per parameters prescribed by the Regulatory Authorities.

Scrutiny of all the securities documents against the loan before sanction.

Preparation of various details of the cases to be submitted in the Banking Court.

Attend the FIM court cases for the attachment of the securities. ACHIEVEMENTS

Successfully assist the auditors for inspection conducted by the Securities & Exchange Commission of Pakistan (SECP) into the affairs of the First IBL Modaraba and obtained the clean report.

Worked successfully for completion of acquisition process of the First IBL Modaraba and concluded all the legal formalities / documentation till the finalization and kept liaison with the SECP and other regulatory authorities.

Complied with condition imposed by the Registrar Modaraba, SECP for increase in the paid up capital by Rs.85.0 million within 45 days. Prepare the “road show” and other related briefing materials for the Board of Directors and Regulatory Bodies. PROFESSIONAL EXPERIENCE

Fair Security System Private Limited – Manager Finance – from (Feb-2013 to April-2018)

Shakarkot Security System Limited – Manager Finance – from (Mar-2013 to April-2018)

Arshad & Co., Chartered Accountants – Manager Audit –from (Jul-2011 to Jan-2013)

First IBL Modaraba (An Islamic Financial Institution) - Chief Accountant from (Jan -2008 to June-2011)

First UDL Modaraba (An Islamic Financial Institution)-Manager Accounts from (Jan-2006 to Dec-2008)

Islamic Investment Bank Limited (managers of First Islamic Modaraba) –Assistant Manager Accounts –from (Nov-1999 to Nov-2005)

EDUCATION & CERTIFICATIONS

Master of Business Administration (MBA)

CPA (Certified Public Accountant)– Finalist

Foundation Course from Institute of Cost and Management Accountants

Certified in Accounts receivable fundamentals

Certified in Accounts payable fundamentals

Course on “Islamic Banking & Islamic Insurance” organized by the Center for Islamic Economics.

Workshop on “Risk Management” organized by the Modaraba Association of Pakistan. PERSONAL PROFILE

DATE OF BIRTH 02-05-1974

MARITAL STATUS Married

HOBBIES Reading Books, Cricket, watching cartoons, Gymnasium COMPUTER SKILL

MS Office (Word, Excel, Power Point)

Accounting Software – Worked on Oracle based accounting software



Contact this candidate