Accountant Financial
Resume:
Ali Waqar Ahmed
CA-Finalist (ICAEW), ACCA Member, BSc Hons.
Highly-motivated, deadline committed, goal
driven accountant with over 6 years of
Professional experience. Excellent Proven track
record of working in Audit, Taxation, Finance
and Managing Accounts for Retail, Fashion
Apparel, Airline, Manufacturing, Services, Real
Estate, Consultancy & Healthcare industries.
*************@*****.***
+971-**-*******, +971-**-*******
Al-Mankhool, Bur Dubai, Dubai, UAE
Linkedin.com/in/aliwaqarahmed-acca
SKILLS
Microsoft Dynamics - Navision ERP Sage 50 & 200 Intuit QuickBooks Tally ERP-9 MS Office Suite Xero Payable Management Receivable Management Intercompany Reconciliation Budgeting & Forecasting Oracle R12 Microsoft Dynamics – Great Plains Oracle NetSuite Financial Analysis Account Reconciliation Risk Analysis GAAP, IFRS & IAS Knowledge Pakistan, UK, UAE & GCC Tax Knowledge Financial Statements & Reports Preparation WORK EXPERIENCE
Financial Accountant.
Paris Group International LLC (Sankari Investments), Dubai, United Arab Emirates. January 2020 – June 2020 Well known business group across UAE, sustaining a headship position as agent, distributor and franchisee in apparel Industry along with distribution and supply throughout the Middle East Region. Achievements/Tasks:
• Responsible for preparation of monthly financial statements of 05 entities in Fashion and Apparel Sector, perform variance analysis and commentary on financials results.
• Complete Ledger Management of 05 Overseas BU’s, preparing reconciliation schedules for Revenue, Prepaid and Accrued Expenses, VAT and Tax Classification, Preparing Analytical reporting on Accounts.
• Performing monthly Intercompany reconciliations for swift monthly accounts closing of 05 overseas with 12 UAE companies.
• Preparing, Posting and daily Apprising tracking sheets of Revenue generated from various business divisions from UAE, Oman, Qatar, Kuwait, KSA, Egypt and Bahrain, Reconciliation with Bank Statements, Maintaining Revenue Ledger and Reporting.
• Monitor all short term and long term capital requirements of Operations for multiple GCC Divisions, managing timely vendor payment processing, Federal Authorities and timely renewals of Imprest and Petty Cash accounts of units as per Group’s policies.
• Communication with Overseas area managers about expected Rental payment transfer, confirm payment clearance by treasury upon payment due Intervals, assisted in move out process after non-renewal and early termination lease of business unit.
• Maintaining Vendors record, responding payments queries, monitor liabilities accounts to ensure payments are up to date and month-end payable reconciliation.
• Ensuring all financial and accounting, procurement and Tax aspects of Divisions are dealt with in a timely manner and are in compliance with rules and regulations.
• VAT Classification & Reconciliation and computation of Input and Output VAT for submission to authorities.
• Assist with delivering year end reporting, external audit and statutory requirements. Financial Accountant.
Contour Software Pvt. Ltd. Karachi, Pakistan. December 2018 – November 2019 A wholly owned subsidiary of Constellation Software Inc. (CSI). That acquires, manages and builds market leading software businesses that develop industry-specific enterprise software solutions to serve public and private sectors. Achievements/Tasks:
• Preparing and posting batches for End of Month Revenue Journals, Ensuring posted Invoices and Revenue recognition in correct period, and for correct service category.
• Complete Ledger Management of 05 BU’s including preparing reconciliation schedules for Deferred Revenue, Work In Progress, Prepaid and Accrued Expenses, ensuring correct period for posting.
• Tracking of existing lease contracts of client’s and initiate timely actions for renewals, lease extensions, managing treasury for lease payments as due.
• Performing monthly Intercompany reconciliations for various balance sheet heads.
• Process creditor invoices by scrutinizing different invoices type, making sure invoices posted with correct account code, Split and distribution in Microsoft Dynamics GP.
• Carrying out Monthly revenue analysis, preparing attrition and analytics reports with commentary on variance analysis of financial results, conveying results to management.
• Provide accounting guidelines and support in Accounts Payable area to lease administration and assets as per IFRS 16 Migration.
• Responsible for preparation of monthly financial statements of 05 different entities in Apparel, Automobile and City Council Sector.
• Carrying out detailed analysis of the monthly reporting package with the Group Accountant and monitoring financial results on a monthly, quarterly and annual basis.
• Carrying out day to day accounting activities in accordance with organizational policies & procedure. Senior Accountant.
Arthur Lawrence Pvt. Ltd. Karachi, Pakistan. May 2018 – January 2019 BPO Finance & Accounting Service provider for multiple Healthcare, Real Estate, Leasing and other services that meet at the intersection of management and technology in United States. Achievements/Task:
• Regularly Examine 3rd party contracts to ensure compliance and properly record revenue, deferred revenue, fees and related receivables, Payable and liabilities for Multiple Healthcare Facilities of Clients.
• Assess client procedure in connection with lease requirements to ensure documentation is in place and all calculations are accurate for Make sure that the agreements made between the tenant and the company matching with the agreed policies and regulations.
• Making sure to adhere the usage and technical aspects into consideration related to the tenant relationship, and asset leased form leasing companies.
• Maintaining up to date financial records of lease properties, Including lease rental incomes, Ensuring that all lease-related expenses for property and assets such as rent, service charges, marketing fund, amortization scheduled expenses are properly recorded in client’s books, Keeping up an up to date lease asset register at all times.
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies.
• Maintains general ledger by transferring subsidiary accounts, preparing a trial balance and reconciling entries.
• Summarizes financial status by collecting information, preparing balance sheet, profit and loss, Cash flows statements.
• Avoids legal challenges by complying with legal requirements. Accounts Officer.
Pakistan International Airlines. Karachi, Pakistan. March 2015 – March 2018 The national flag carrier of Pakistan under the administrative control of the Secretary to the Government of Pakistan for Aviation. Achievements/Tasks:
Head Office Payments Department, Accounts Payable:
• Prepare monthly payment schedules for contracted and individual vendors.
• Preparation and budget allocation for Domestic and International payments.
• Review all invoices for appropriate documentation and approval prior to payment.
• Ensure provisions and liabilities of accounts are cleared by the following month.
• Assisted in implementation of ORACLE (R12) System in organization.
• Resolving any matter arising in Reporting or Financial matters during the External Review and Audit Process.
• Carrying out Bank reconciliation in Oracle.
Training and Development, Finance Department:
• Assisted in revision of cost of training and fee computation and profit margins for various courses offered by PIA Training Centre.
• Planned and performed Strategic Business Unit Costing for PIA Training Centre.
• Assisted in training department to plan, manage and report their budgets & forecasts, identifying trends and recommending actions.
• Coordinating with Accounting, Treasury and Payments departments for smooth functioning of Payment Process.
• Prepare and analyze variance analysis on monthly basis for management reporting.
• Bank and Accounts Ledger reconciliations.
• Prepare financial reports, charts, tables and other exhibits as requested. Audit Officer.
Faisalabad Oil Refinery Pvt. Ltd. Karachi, Pakistan. March 2013 – April 2014 Subsidiary company of Madina Group of Industries. Utilizing its vast experience in edible oil, Spice, Soap, Steel and Sugar Segment. Achievements/Tasks:
• Audit of Daily Cashbook, Daily Opening and Closing Cash position and Miscellaneous Advances and Balances.
• Monthly Payroll, Daily Wages & Salaries Audit, Accompanying Monthly Stock Taking exercise.
• Preparing Stock Valuation for costing purpose.
• Maintaining Complete Records of Import and sale of Canola and Rap Seed.
• Maintaining & Reporting on Daily Production of Solvent Extraction Plant and preparing summary for management briefing.
• Maintaining, Reconciling & Reporting on Canola Oil and Canola Meal Production, Sales Record of individual party and Balances.
• Complete Verification of General Receipts Notes, Verification of Debit Notes and Credit/Debit Notes and journal Vouchers.
• Verification of Letter Of Credit Payments, Bank Reconciliations and Inter Group Sales and Purchases in group.
• Prepare detailed reports on audit findings, recommending actions to improve establishment's accounting and management practices. EDUCATION
Chartered Accountant – CA Finalist.
Institute of Chartered Accountants in England and Wales, United Kingdom. 2019 - 2020 Associate Chartered Certified Accountant – ACCA Member. Association of Chartered Certified Accountants, United Kingdom. 2014 - 2019 BSc Hons. – Applied Accounting.
Oxford Brookes University, United Kingdom. 2014 – 2016 PERSONAL DETAILS
Nationality Visa Status
Pakistani Employment
Languages Availability
English, Urdu & Punjabi. Available to Join Immediately.
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