Ahsan Waheed

Profile Highlights:

• Finance & Accounts Management Professional with over 7 years of

work experience

• Qualified Finance executive with cross functional expertise across Finance, Audit & Administrative Operations

• Expertise in managing the functional reporting with key focus on top line profitability by ensuring optimal utilization of resources.

• In depth knowledge and financial understanding in conjunction with excellent Relationship Management.

• Working experience in Hospitality Industry (Hotels)

• Capability to handle Financial functions with Administrative & Operation Department independently. Core Competencies:

• Financial Reporting

• Audit Process

• Vendor Management

• Financial Planning

• Cost Reduction

• MIS Reporting

• Liaison

• Administrative operations

Academic Credentials:

• B-Com – Bachelors of Commerce (Lahore College of Commerce - 2013) Professional Qualification:

• Various Computer Courses from Aptech Centre (Lahore) Work Experience:

• Wyndham Hotels & Resorts as Accounts Payable Specialist (October 2019 – February 2020) Key Responsibilities:

Accounts Payable:

• Ensuring that all purchases / services are accounted & systematically documented and all payments are settled according to Hotel Policies & Procedures.

• Update cheque issuance status in Bank file.

• Maintaining all annual & monthly contracts.

• Maintaining close liaison with Chief Accountant, Purchase officer, Storekeeper & Receiver for better operations in the department.

• Posting all service bills & expenses to the relevant accounts.

• Checking all receiving’s transferred from FMC.

• Checking backups in total are matching with the Receiving Summary.

• Cross checking all invoices against purchase orders.

• Checking authorized signatories in the invoices & purchase orders.

• Transfer all the food or non-food invoices from FMC to Sun System on daily basis.

• Update purchase ledger.

• Receiving outstanding account statement from suppliers & reconcile with Hotel record.

• Checking, verifying & posting all petty cash vouchers from General Cashier than forward to financial controller for authorization of payment vouchers.

• Preparing of Payment Vouchers & pass for approval.

• All payments are posting & allocating on a timely basis.

• Giving the cheques with complete back-ups to Chief Accountant for final checking.

• Securing controller & General Manager’s approval for Payment.

• Informing to suppliers when cheques are ready for collection.

• Preparing payment vouchers list on every month-end closing.

• Bank reconciliation weekly, quarterly & monthly basis.

• GL reconciliation quarterly & monthly basis.

• Maintaining all records & archives.

• Maintaining all accruals & prepayments.

• Closing the month & year under supervision of Chief Accountant / Financial Controller.

• Performing any job as and when asked by Chief Accountant / Financial Controller.

• Swiss-Belresidences as Accounts Payable cum General Accountant (March 2019 – September 2019)

o Key Responsibilities:

Accounts Payable:

• Ensuring that all purchases / services are accounted & systematically documented & and all payments are settled according to Hotel Policies & Procedures.

• Update cheque issuance status in Bank file.

• Maintaining all annual & monthly contracts.

• Maintaining close liaison with Chief Accountant, Purchase officer, Storekeeper & Receiver for better operations in the department.

• Posting all service bills & expenses to the relevant accounts.

• Checking all receiving’s transferred from FMC.

• Checking backups in total are matching with the Receiving Summary.

• Cross checking all invoices against purchase orders.

• Checking authorized signatories in the invoices & purchase orders.

• Update purchase ledger.

• Receiving outstanding account statement from suppliers & reconcile with Hotel record.

• Checking, verifying & posting all petty cash vouchers from General Cashier than forward to financial controller for authorization of payment vouchers.

• Preparing of Payment Vouchers & pass for approval.

• Ensuring that all payments are posted & allocated on a timely basis.

• Giving the cheques with complete back-ups to Chief Accountant for final checking.

• Securing controller & General Manager’s approval for Payment.

• Informing to suppliers when cheques are ready for collection.

• Preparing payment vouchers list on every month-end closing.

• Maintaining all records & archives.

• Maintaining all accruals & prepayments.

• Performing any job as and when asked by Chief Accountant / Financial Controller. General Accountant:

• Responsible for assisting the Financial Controller in the efficient management of the Hotel’s overall accounting functions.

• Paying particular attention to the maintenance of high accounting standards, management informatics & controls consistent with the Hotel’s needs & statutory requirements.

• Assist with the development & management of all the functions of Finance Division.

• Ensuring that Hotel Finances are managed according to the local legislation, policies & procedures and generally accepted accounting principles.

• Assist with the development of annual budgets & targets for the Hotel.

• Preparing detailed financial reports & statements as required for head office, General Manager & Owner.

• Using various financial management & revenue management skills to analyze performance results to identify profitability shortfalls or opportunities to increase revenues, reduce costs, improve overall profitability & meet budget goals.

• Maintaining complete & current ledgers, journals and other accounting records with utmost confidentiality.

• Assist with the regular appraisal of the internal control system & implement further measures if necessary.

• Overseeing all banking arrangements & placing funds in time deposits.

• Ensuring that established internal control measurements are routinely carried out and to highlight discrepancies to Financial Controller & Department Heads.

• Ensuring that cash accountability & cash banking systems are adequate & being maintained

& that bank accounts are being reconciled monthly.

• To constantly reviewing that the amount and numbers of in house cash floats & at random carry out cash float count.

• Reviewing the Creditors situation monthly to ensure that Hotel is maximizing its credit facilities & also to ensure the Hotel is obtaining the best cash discount settlements.

• At the financial monthly end, supervising the closing of the books & the subsequent timely preparation of the required financial data.

• Assist in the administration of approved operating plans including measurement of actual performances reporting & interpreting operating results to Head Office & General Manager from time to time and installation, maintenance of systems and procedures thereof.

• Assist with the investigation of points raised by External Auditor’s reports & take corrective action when consider necessary.

• Familiar with all aspects of policies & procedures as laid down by Financial Controller & Management, like maintaining a list of all insurances, licenses, permits & schedule of payments to avoid penalty & late payment.

• Confirming Account Receivable & Payable periodically & that agree with control accounts.

• Establish a proper system of storage for all accounting department, including limits of excess

& confidentially.

• Maintaining good relation with government agencies to facilitate the handling of such Hotel functions as tax matters, import license & custom clearances.

• Providing on-going communication to all areas within department regarding policies, programs & procedures.

• Ensuring all operating procedures are properly implemented within department.

• Reviewing & modifying operating manuals within the division as required.

• Ensuring the best candidates fill vacancies by participating in the recruitment process of Employees under my supervision.

• Developing and constantly reviewing the succession plan within Finance department & developing cross training & professional development programs for the advancement of potential Supervisors & Managers.

• Identifying training opportunities & ensuring training objectives are met in areas under my supervision.

• Managing the schedule for employees in our department to ensure proper coverage to meet business needs.

• Reviewing payroll cost for our department & making recommendations where appropriate.

• Coordinating functions & activities with regional, divisional & corporate staff as appropriate.

• Maintaining a complete understanding of the Hotel’s policy relating to fire, safety, Health & ensuring all precautions are taken to safeguard against incidents for areas under my supervision.

• Perform other assignments to meet business needs as directed by my superiors.

• Accor Hotels (IBIS SEEF & IBIS STYLES) as General Cashier & Accounts Payable (March 2017

– March 2019)

o Key Responsibilities:

Accounts Payable:

• Preparation of Payment Vouchers.

• Update cheque issuance status in Bank file.

• Maintain all annual & monthly contracts.

• Post all service bills & expenses to the relevant accounts.

• Prepare payment vouchers list on every month-end closing.

• Maintain all records & archives.

• Check all receiving’s transferred from FMC

• Check backups in total are matching with the Receiving Summary

• Cross check all invoices against purchase orders

• Post all invoices to respective supplier accounts.

• Maintain all accruals & prepayments.

• To perform any job as and when asked by Chief Accountant. General Cashier:

• Collection and Deposit of day’s cash in Hotel Bank Account

• On daily basis collects all cash / cheques envelops from the front office drop box as per hotel policy.

• Ensure total Cash/Cheques collection match with the total shown in daily reports.

• Count all currency notes / cheques fill up the bank deposit slips & physically deposit all collections as per hotel policy.

• Prepare daily cash detail report with all bank deposit slips & forward to income auditor for verification.

• Collect bank statement & reconcile that all deposits are done.

• Custody of General Cashier cash float.

• Spot check of other cash float at front office, restaurants & housekeeping.

• Prepare the required summary for reimbursement of the cash float as per the policy, and obtain the approval of General Accountant & Financial Controller before forwarding to Accounts Payable for the preparation of cheque.

• At the end of each day the cash float is counted and recorded in the presence of the General Accountant with both signatures and deposit in the hotel safe under the supervision of the Financial Controller.

• Tech Cables Lahore as Accounts & Admin Manager (September 2013 – February 2017) o Key Responsibilities:

• Manage all Finance & Accounts functions including finalization of accounts & reparation of Financial Statements, Cash Flow Management, Accounts Receivables, Payables and MIS.

• Conduct Feasibility studies of proposed new projects and provide recommendations to management.

• Investigate discrepancies, perform variance analysis and compile performance r eports

• Scrutinize integrated financial statements and supervise the credit controller's activities on day to day basis.

• Manage and supervise all activities of the Accounts Department staff.

• Expedite payments, resolve invoicing issues, authorize credit notes, allocate large payments, create and authorize new credit accounts applications.

• Check and post invoices in system, reconcile supplier's statements, and code invoices for the GL and manage the ordering and invoicing process.

• Spearhead the payroll process from end to end right from forecasting to reconciling and authorize the payroll pack prepared by the HR Manager.

• Monitor and interpret cash flows and forecast future trends, overall management of the firm’s financial accounting, monitoring and reporting systems.

• Reimbursements Expenses, Receiving Rents, Daily Purchases & Sales, Stock Verifications etc.

• Make daily MIS regarding Sales/ Expenses/Maintenances charges/Rent Outstanding on regular basis.

• Preparation of annual report including Balance Sheet, Profit & Loss A/c and related Schedule.

Computer Skills:

• Hospitality-Specific Accounting Softwares:

o SUN

o OPERA

o FMC

o MICROS

o PROLOGIC

o PROLOFIC

• Strong grasp of Tally (all Versions)

• Strong grasp of QuickBooks.

• Strong competence in Microsoft Office (Word, Excel, PowerPoint)

• Good understanding of Oracle, Opus, IDS, Hardware & Network knowledge Languages:

• Fluent in ENGLISH, URDU, PUNJABI

• ARABIC (beginner)

• German (beginner)

Interpersonal Skills:

• Very Professional

• Keen learner

• Great observer & team player

• Ability to adapt to challenging environment & tasks to achieve corporate goals

• Ability to overcome obstacles

• High energy levels and a positive “Can – do” attitude Sport Skills:

• Athletics [Basketball, Cricket, Football & Swimming]

• Potential Video Gamer [Strategy, Adventure]

Other Skills:

• Effective planning skills

• Well organized

Research Interests:

• Turkish & Mughal History

• Travel & Tourism

Personal Details:

• Date of Birth: 27th July, 1992

• Marital Status: Married

• Religion: Muslim

• Nationality: Pakistani

• Contact Details: Email: adb9yg@r.postjobfree.com Mobile: +973-********

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