Financial Accounting
Resume:
ABDUL HAFIL
M: +966-********* E-mail:**********@*****.***
Covering Letter
Dear Sir,
Sub: Application for the post of Financial Accountant I would like to apply for the above vacancies in your esteemed organization. I have attached my Resume for your kind perusal. The enclosed resume will furnish you with specific information related to my professional background, experiences and capabilities in the areas of Finance/Controlling and General Accounting, Credit Control and Operations and holds a valid GCC driving license. I have 6 plus years of professional work experience of which 3 years & 10 Months in GCC and 2 Years & 5 Months in India.
of Accounting Receivable and Accounting payable,making Quotations and PO (Purchase Orders I was a full time employee with responsibility of maintaining day to day accounting activities such as daily sales reports and valuations), handling day to day cash flow requirements and maintaining Inventory movement register.
I have excellent working knowledge of Nexus (Oracle based software for accounting Payable and receivable) Peach tree & ERP Camp360 Software.
Currently working as Financial Accountant for Red Sea International Company, KSA with responsibility of Accounting Receivable and Accounting payable and handling Petty cash. I have successfully completed in-house Safety Training & Job enhancement courses. Currently pursuing MBA in Banking & Finance in Alagappa University, India. I am firm in claiming that given the right opportunity, I can put my best effort to your organization in achieving its ultimate goals of improving business efficiency and productivity. I would be grateful for having the opportunity to discuss with you and looking forward to hear at your earliest convenience.
Thanks and kind regards,
Abdul Hafil
ABDUL HAFIL
Mobile: +966-********* E-mail:**********@*****.*** EXECUTIVE SUMMARY
I have 6 plus years of professional work experience of which 3 years & 10 Months in GCC and 2 Years & 5 Months in India in the field of Financial Accounting mainly making invoices and handling Petty cash in the organization, Assisting the payroll team if any salary deduction and Making the sales and expense reports for the management.
Proficient in using Company Accounting software (Nexus), Peach Tree (Up to Finalization), and MS Excel advanced level spreadsheets.
Totally self driven with no or minimal supervision and thrive in a face paced, dynamic environment, enthusiastic with a "can do" attitude.
Keen in mentoring and development of team members and always ready to work under any situation.
Currently pursuing MBA in Banking & Finance in Alagappa University, India. PROFFESSIONAL EXPERIENCE
1) Red Sea International Co, Saudi Arabia October 2015-Current Red Sea is an American based company mainly involved in sales and production of accommodations for highly reputed petro chemicals projects and is a huge multinational company based all over GCC.
Position: Financial Accountant- KSA
2) Taj Association April 2013 – August 2015
Taj Association is mainly a taxed based company mainly dealing with many major companies and business co-operation for their taxation issues and handling accounting payable and receivable.
Position: Accountant-India
KEY RESPONSIBILITIES AND ACCOMPLISHMENTS
(Detailed Summary of all the responsibilities I have handled in different positions) A. Financial Accounting/Controlling/Reporting
Verify and authorize general accounting functions, including operation of the general ledger system, journal entries and related modules in the Nexus.
Verifying monthly accruals and adjusting entries & ensure timely month-end closing.
Key Statistical Report every month before month closing.
Cost Center Accounting & Profit Center Accounting preparation and analysis.
Preparation of periodic Trial Balance, Income statements and Balance sheet for different cost centers.
Monitoring of various banks accounts for sufficient balances and LC payments.
Monitor and review accounting and related system reports for accuracy and completeness.
Recording of inter-company Bank transactions and Bank reconciliations.
Supervise maintenance of proper filing and records for the purpose of statutory audits & inventory.
Developing cordial relationships with senior management.
Reconcile and prepare supporting schedules for balance sheet accounts.
Compile data on operating expenses other overheads and incorporate them into the sales and margin figures provided by the line management, for them to review their projection and finalize the budget.
Preparation of monthly variance report and identifying the reasons for difference.
Preparation of periodic Bank Reconciliation Statements.
Assist the internal and external auditors and implement recommendations, if any, for improving the system, and take corrective action wherever required.
Attending to Queries from Auditors, Banks and other third parties etc.
Posting vouchers to system (Cash Receipts & Payments, Petty Cash Vouchers, Bank Receipts & Payments)
B. Accounts Receivable and Inventory Control
Setup and creation of Customers with proper line items and other requirement of the Nexus system.
Overseeing generation of Invoices in the Nexus as per the milestones and sending to the Clientele along with the relevant covering letters.
Preparation of monthly Aging Analysis Reports and alerting the Sales and legal departments on the current status of defaulters, enabling them to take corrective measures.
Regular customer follow-ups with reminder letters if necessary for ensuring timely payments within the stipulated due dates of invoices.
Handling queries from clients related to Payment Schedules and finance charges for late payments cases.
Resolving the disputed sales invoices in compliance with organizational policies.
Supervision of updating and issuing official receipts for the payments received and preparation of periodic Collection summaries & have meeting with Management on outstanding clients list to enable future strategies on speeding up the collections.
Preparation of MIS reports on Receivables – to analyze the monthly collections on Sales persons wise, Region wise, Product wise to enable more tactical strategies to increase the Sales.
Ensuring Debtors and Bank reconciliations on weekly and monthly basis.
Involvement in the entire Nexus cycle of the organization in co-ordination with other depts. for completion of transfers of properties/Completion of sales in the system.
Verification of Debit/Credit notes to ensure the controlling aspects of such transactions.
Scrutinizing applications of cleared payments against the invoices in the Nexus and updating the clients by sending receipts and updated statements to local clientele bases.
Calculating and Processing of Customer Refunds with interests based on proper approvals from the management and other clauses on the Sales Agreements.
Maintaining Stock Ledgers and supervising Inventory control.
Establishing and maintaining of friendly relationships with Banks, External auditors and other third parties.
Close liaison with other depts. Including Contracts and Legal depts. C. Accounts Payables
Supplier creations and allocations as per the Nexus system process.
Verifying and processing of Supplier Invoices for approved Purchase orders.
Making Pre-payments (as per approvals) to vendors and adjusting the future Invoices accordingly.
Examine the invoice received from local and foreign suppliers and, if found, in accordance with the purchase order, organize payment on due date to avoid any delay in meeting the company's liability.
Assisting Payroll team if any staffs salary deduction.
Processing of expenses re-imbursements as per the company policies.
Communicate & reconcile outstanding & pending invoices/issues to vendors.
Creation and Allocation of cost centers for payments and expenses incurred.
Processing Payment for Sales commissions and referrals.
Reconciliation of Vendors accounts and Correspondence with Vendors and business partners.
Updating of PO’s, Quotations and verification of purchase records.
Processing of bill payments for various utilities like rent/electricity/telephone.
Managed all petty cash and office supply expense accounts.
Inspection & analysis of Material receipt and issue voucher from the store. EDUCATION
Pursuing Master’s in Business Administration (MBA) specialized in Banking & Finance From Alagappa University, Tamil Nadu, India.
University Degree in Bachelors of Commerce (B.Com) Specialized in Accounting B.com from Mangalore University, Karnataka, India.
Course in Peach Tree (Accounting software)
Class 12th from Department of Pre-University Education, Karnataka India.
Class 10th from Board of Karnataka Secondary Education Examination Board, Karnataka India.
IN- HOUSE TRAINING & CERTIFICATIONS
I have successfully completed in-house Safety Training & Job enhancement courses SOFTWARE SKILLS
MS Office Suite (Word, Excel, PowerPoint, etc.), Internet, Outlook E-mail.
Proficient in using MS Excel Advanced spreadsheet.
Accounting & ERP Packages: Nexus (Oracle based), Peach Tree & Camp 360.
Proficient in Operating in latest MS Windows Systems. REFERENCES
References are available on request.
PERSONAL
Indian/Male/DOB: 23-02-1994/Single/Holding Indian & Saudi Arabia Driving License. Languages: English, Hindi, Kannada, Malayalam and Tulu.
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