Senior Financial Management

SHAIKH RIZWAN

SENIOR FINANCIAL ACCOUNTANT

Sharjah-Al Qasmiya United Arab Emirates

**************@*****.*** • +971********* • +971********* (What’s App) www.linkedin.com/in/shaikh-rizwan-ahmed-09048328/

PROFESSIONAL SUMMARY

Experienced Senior Financial Accountant with over 15 years in diverse industries, including food and beverage, consulting, construction, and pharmaceuticals. Proven track record in financial management, VAT filing, payroll disbursement, and preparation of financial statements. Adept at meeting deadlines in challenging environments with a strong understanding of general accounting principles and financial regulations. PROFESSIONAL EXPERIENCE

KITCH-IN FOODHALL LIMITED (FOOD & BEVERAGE INDUSTRY) DUBAI UAE CHIEF ACCOUNTANT July 2023 – Present

● Responsible for the day-to-day operations of the finance and accounts staff.

● Reconciliation of regular sales & aggregators (Deliveroo, Talabat & Careem, etc.) sales with POS and ensure to record the same in the books of accounts.

● Recording of suppliers' invoices and reconciliation with the statement of accounts.

● Maintenance of shop petty cash and to have a proper control to ensure the replenishment of cash on time.

● Preparation of the trade receivables and trade payables aging reports

● Preparation of monthly financial reports such as profit and loss account, Balance sheet, fixed asset register, accrued expenditure report.

● Responsible for the disbursement of staff payroll and make sure to have a proper check such as loans, deductions etc.

● Monthly closing journal entries such as prepaid rent, medical insurance, business insurance, trade license, monthly packaging charge, stock transfers charge, etc.

● Preparation and submission of Quarterly VAT filing return for all group of companies on a timely manner. BAZAAR ACCOUNTING AND MANAGEMENT ADVISORS LLC (CONSULTING FIRM) DUBAI UAE FINANCIAL ACCOUNTING CONSULTANT NOV 2021 – JUNE 2023

● Responsible for doing accounting and bookkeeping for Managing multiple clients on a monthly basis.

● Preparation of VAT filing workings for a client in a timely manner and submitting on a quarterly basis.

● Maintaining schedules such as prepayments & fixed assets depreciation etc.

● Preparing financial statements and performing monthly reports such as general ledger, trial balance, balance sheets, and income statements.

● Maintaining the monthly schedules such as fixed assets, prepayments, accrued expenses, accrued income, deposits & advances, and provision for EOSB, bonus accrual, and service benefit provision.

● Preparation of other monthly reports such as bank reconciliation statements, due to a related party, forex exchange gain & loss.

● Preparation of management fee invoices, and submission of monthly financial returns in UK Anaplan.

● Finalizing month-end and year-end accounts and preparing monthly MIS reports within deadlines.

● Responsible for Revenue Certifications reports for various clients as required by mall management. YUMMY’ S BELGIAN CAFE (FOOD & BEVERAGE INDUSTRY) DUBAI UAE SENIOR ACCOUNTANT NOV 2020 – OCT 2021

● Manage day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger entries.

● Perform account reconciliation process on a timely basis to ensure accuracy and reliability of financial data.

● Ensure timely and accurate month-end and year-end closing processes.

● Coordinate with external auditors for annual audits and ensure compliance with financial regulations and standards.

● Validate sales transactions and ensure recording of received funds in various forms against recorded sales.

● Oversee the month-end closing process, including the preparation of monthly journal entries and general bookkeeping.

● Analyze monthly profit and loss variances, providing detailed explanations of key drivers to inform strategic decisions.

● Budgeting and Forecasting: Assist in the development of annual budgets and forecasts. Monitor variances between actual and budgeted financial results, providing recommendations for improvement.

● Monitor variances between actual and budgeted financial results, providing recommendations for improvement.

● Preparation of VAT files and processing VAT return through online system. S’WICH GOURMET (FOOD & BEVERAGE INDUSTRY) DUBAI UAE SENIOR ACCOUNTANT NOV 2014 – OCT 2020

● Responsible for day-to-day finance and accounts operations.

● Preparation of budgets, keeping provisions, forecasts, and cash flows in monitoring them on a daily & weekly basis.

● Responsible for stocking taking, and stock control.

● Produces payroll by initiating computer processing, and printing checks.

● Preparing the WPS files as per the final payroll & cross-checking their details such as IBAN no, labor card, bank routing code, etc.

● Preparing the staff's settlements (End of service benefits) such as pending leaves, gratuity, etc.

● Coordinating the Pro for any staff's visa renewals, cancellations, trade license renewals, or any other PRO-related works

● Recording of Cost of goods sold (COGS) food costs to the respective books of accounts.

● Creating periodic reports, such as balance sheets, and profit & loss statements.

● Preparation of Trade receivable and Trade payable aging reports. SATISH CONSTRUCTIONS PVT LTD (CONSTRUCTION INDUSTRY) Hyderabad India ACCOUNTANT NOV 2008 – JULY 2014

● Documents financial transactions by entering account information.

● Follow procedures and accurate implementation of the recording, classifying, and summarizing of daily financial transactions.

● Generate financial statements (balance sheet, profit and loss, cash flow) monthly.

● Ensure timely follow up of accounts receivable and payable.

● Monitor and ensure proper provisions in the GL to meet the organization’s needs.

● Maintaining and balancing accounts - reconciling transactions and resolving discrepancies.

● Maintaining an accurate account of supplier payments and ensuring payment at the appropriate time.

● Ensuring that there are no pending cash collections with the concerned staff/departments. DR. REDDY’S LABORATORIES (PHARMACEUTICAL INDUSTRY) Hyderabad India SAP SUPPORT USER MAR 2007 – AUG 2008

● Configure Global settings and Enterprise structure settings.

● Configure G/L, A/P, A/R, and Asset Accounting.

● Design, customize, configure, and evaluate FI/CO modules.

● Cash & Bank Accounting, GL Accounting, Profit Center, Cost Centre, Internal Order Accounting Integration with MM.

● Support Current configuration and module working knowledge in SAP FICO Module PROFESSIONAL EDUCATION

• Master of Business Administration (MBA) - FINANCE Punjab Technical University – Hyderabad India

• Bachelor Of Commerce - B.COM Osmania University – Hyderabad India TECHNICAL SKILLS

● SAP ERP 2005 (ECC 6.0): SAP FICO, MM & QM.

● SAP Business One

● Tally ERP

● Microsoft Dynamics 365 Business Central

● ERP MYOB, Intuit QuickBooks online & Desktop

● MS Office - Advanced MS Excel skills, MS-word & Power point PROFESSIONAL SKILLS

● Ability to meet deadlines and achieve goals within a fast-paced work environment

● Excellent communication, organizational management skills, and proficiency in Google Suite, particularly Sheets.

● Attention to detail and accuracy.

● Strong understanding of general accounting principles and financial regulations.

● Good Knowledge of IFRS.

PERSONAL INFORMATION

● Nationality: Indian

● Marital Status: Married

● Languages: English, Hindi & Urdu.

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