Accounts Payable Financial Operations
Resume:
Data Classification: Sensitive
Salim Abdulrahman
Profile
Chartered Accountant with 6+ years of multi-industry experience and commercial acumen. Proven ability to streamline financial operations to limit risk, maximize performance and profitability. Excellent communicator with cross cultural team leadership skills.
Experience
Dubai Multi Commodities Centre (DMCC)
Financial Accountant April 2018 - till date
(The World’s # 1 Free Zone and Centre of global commodities trading) Contact
************@*****.***
Social
linkedin.com/in/salim-
acca-uaeca-bsc-hons-
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Key Skills
• Audit Procedures
• Accounts Payable
• Treasury Services
• Variance Analysis
• Bank Reconciliations
• Online Bank Transactions
• General Ledger Accounting
• Banking Documentation &
Relations
• Experienced with Oracle Fusion
Sector Expertise
• Government & Free Zone
• Banking and Insurance
• Accurately coding and timely processing of vendor, utility, Property and telecom invoices, matching to PO and screening for VAT compliance before processing.
• Initiating wire transfers and cheque payments, batch preparation, co-operate credit card audit, prepare petty cash, including preparation of relevant forms and obtaining necessary approvals.
• Manage full-cycle accounts payable including receiving, verifying, processing, reviewing; coordination of payment approval of 850 + invoices per month averaging $ 20 million.
• Reconcile processed invoices to ensure 100% accuracy by verifying entries and comparing system reports to balances.
• Preparation of monthly payment tracking summary for all the payments
• Rectifies and escalates AP issues for vendors
• Collaborate with the AP team leader, reviewing changes to supplier bank details to ensure accuracy of master data
• Liaising with the suppliers/contractors/consultants to ensure compliance with FTA requirements on invoices formats and tax matters.
• Manages the accounts payable inquires of vendor activity, invoices statuses, past due issues and statement reviews
• Presenting accounting data in a clear and understandable manner
• Leads, monitors, coordinates and tests IT finance enhancement projects.
• Performing UAT for any related changes and implementation as and when required.
• Provides support to numerous duties including collating reports, audit queries, filling information, organizing data with nearly 100% accuracy
• Cross trained colleagues to cover work during shortage ensuring seamless operations for customers
• Working with Finance Management to ensure improvements in internal processes, procedures and month end bank reconciliations.
• Examine, evaluate and provide approvals with regards to Auto Refunds, termination cases on business closures and process their entitled refunds.
• Occasional assistance to the GL accounting team in submitting documents for VAT returns and Participation in providing input during external audits. American Life Insurance Company – MetLife
Treasury Accountant - Gulf Finance Department March 2016 – Dec 2017
(MetLife is one of the leading financial services companies, providing insurance, annuities and employee benefits)
• Responsible for day-to-day cash management, ensuring funds are in the right place, at the right time, in the right currency, with the right information Data Classification: Sensitive
Education
• Chartered Accountancy - ACCA
UK, UAECA
• BSc (Hons) Applied Accounting -
Oxford Brookes University – UK
• Certified Accounting Technician -
UK
• Certified Public Accountants
(CPA) Kenya – Part III – Section 6
• Responsible for seeking the appropriate authorizations in line with the bank mandates
• Reviewed bills on a constant basis and assessed the various payment activities and methods; maintaining a day to day control over treasury transactions and initiation of bank payments
• Responsible for investigating and resolving ad hoc queries and issues arising from the reconciliation and control of the banking systems and accounts
• In charge of opening new accounts and maintaining a good working relationship with the banks
• Improved the efficient use of the company’s bank accounts through transaction analysis and propose addition, reduction or closure of accounts.
• Ensured that enough funds were available to meet ongoing operational and capital investment requirements
• Checked and verified cash transactions; and investigated and proposed possible resolution for any discrepancies
• Ensured the company’s banking operations; seeing to it that all funds are appropriately banked ensuring efficiency and returns.
• Reduced the number of rejected payments cases turnaround time from 2 weeks to 3-5 working days, updating of the rejection log and resolve all possible queries in line with Compliance and Legal Affairs
• Responded to customer services inquiries related to payments status, discrepancies and suggested alternative modes of payment within 24 hours.
• Handled all banking relations covering U.A.E, Oman, Bahrain, Kuwait, Qatar and ensuring that the banking documentation tasks are completed on schedule.
• Initiated Inter – company funds transfer from the call accounts to disbursement accounts seeing to it that all processed payments can be released Pannell Kerr Forster (PKF Kenya)
Audit Assistant Sept 2012 – Apr 2013
• Executed audit plans as briefed by the senior to ensure compliance with policies and procedures
• Assist with the preparation of audit working papers, providing documentation and explanations as outlined in the procedures
• Prepared audit reports and present to the senior auditors on all outstanding matters on the audit accounts
• Processed information and making relevant conclusions during the audit
• Developed an understanding of the audit client’s business
• Addressed all queries arising from the senior’s auditors regarding the audit plans
• Worked on a project as a senior on an expenditure audit (Fraud investigation)
• Guaranteed compliance of regulatory guidelines and generally accepted auditing standards
• Succeeded in completing other responsibilities that may be assigned from time to time by the semi-seniors, seniors, supervisors, managers and partners
(A member firm of the PKF International Limited network of legally independent firms)
Contact this candidate