MUHAMMAD JAWAD MAZHAR
Senior Accountant Financial Analyst Corporate Finance
054-******* *******************@*****.*** Abu Dhabi, UAE LinkedIn: www.linkedin.com/in/jawad-mazhar78
PROFESSIONAL PROFILE
Enthusiastic and dynamic professional with comprehensive academic outlook and experience in preparation of financial statements, Financial planning and analysis, Financial modeling, budgeting and Cash flow forecasting, cash flow management, asset management, accounts payable and receivable; adept at financial transactions recording & financial reporting in line with accounting principles & procedures
Self-motivated professional having knowledge in all facets of financial management, MIS reporting, invoicing and Value added tax. Possesses abilities for managing and developing financial reports using technological efficiencies; proficient at identifying troublesome areas and implementing corrective measures; proficient at using ERP.
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KEY ACHIEVEMENTS
Worked and successfully accomplished following projects as a Project Accountant in EFF; Emirates Palace Extension Project, Abu Dhabi AED 36 Million Abu Dhabi National Exhibition Centre, Abu Dhabi AED 47 Million Simultaneously handled several other projects in the averaging AED 25M to AED 30M in annual revenue.
Expediently handled various important assignments and conducted training of junior staff members regarding accounting system.
Successfully contributed in handling accounts of KUNDRA holding Group UK in Vision Consulting. EXPERIENCE
May 2018 – Present Emirates Furniture Factory & Decoration LLC, Abu Dhabi, UAE Senior Accountant
Prepared monthly management accounts and reviewed financial statements & internal reporting requirements as per IFRSs & IAS.
Ensured proper recognition of revenue and contractually accurate invoicing to customers from the beginning of a project until its completion.
Engaged with Finance Manager in dealing with banks for the arrangement of financing Facilities, Guarantees, short and long term deposits, Letter of Credits and other Facilities. Prepared cheques against the LPOs and contracts as per the payment terms. Monitored payment plans to ensure timely payments to vendors and recoveries from customers. Allocated invoices with payments and other adjustments in the system and prepared the aging analysis report along with comments for management review and payment processing. Prepared weekly cash flow statements, customer-vendor settlement statements and prepared MIS. Maintained general ledgers, Accounts Payables, depreciation, and operating expenses by verifying, allocating, reconciling transactions and resolve discrepancies in ERP system. Recorded month end adjustments including AMC, rent & all insurance prepayments, accruals and provisions.
Prepared quarterly VAT summaries and reports as per FTA’s format and ensured tax amounts are properly booked in the system and that tax invoices complied with the tax regulations and procedures. Prepared Bank Reconciliations and E-Dirham account reconciliations on Monthly Basis. Prepared monthly payroll of employees as per the regular time sheet and Project Time Summary Sheet in an accurate and timely manner.
Prepared monthly and yearly financial forecasts, budgets and ensured reporting of the variances to Finance Manager and GM Finance with actual figures on time. (Revenue, COS & Overheads). Liaised with external auditors for annual audits to ensure timely submission of reports and helped auditors to conduct Annual Stock counts.
Jan 2016 – March 2018 Vision Consulting Chartered Accountants & Registered Auditors, London, UK
Financial Accountant
Utilized key skills in CCH central database, Tally.ERP9, SAGE 50 accounts, VTT+ & QuickBooks while preparing financial statements for clients in different industrial domains as well as performing variance analysis on financial statement results
Skillfully coordinated with UK department in order to resolve client’s issues regarding VAT, annual accounts & information gathering process as well as resourcefully carrying out self-assessments process for UK nationals by using best fit practices Actively handled book keeping and payroll processing for small and medium size companies. Prepared VAT summaries & returns on quarterly basis for small & large size entities including complex treatment of foreign currency in case of imports
Adroitly prepared management accounts & presentations of monthly financial data as well as analyzed
& reconciled bank statements, debtors and creditors. Expertly evaluated corporation tax for medium size entity of various industrial domains
July 2015 – Dec 2015 Naveed Mukhtar & Co. Chartered Accountants, Lahore, Pakistan Junior Auditor
Competently executed and collaborated with senior audit engagement team while ensuring timely completion of allocated tasks as a Junior auditor during the external audit of a Textile company, Food & beverages Industry and an Automotive company.
Delivered excellent support to audit department in handling additional assignments while liaising with managers and colleagues as well as escalated root causes and implemented corrective actions to participate in process improvements
EDUCATION
Oxford Brookes University, London, UK
BSc Hons. Applied Accounting - 2017
PROFESSIONAL QUALIFICATIONS
Association of Chartered Certified Accountants, UK ACCA – Finalist (last paper)
ACCA Advanced Diploma in Accounting & Business, UK ACCA – 2015
Institute of Corporate Finance, BC, Canada
(FMVA®) Financial Modeling & Valuation Analyst – Aug 2020 License
UAE Valid Driving License Holder July 2020 – July 2021 CORE STRENGTHS & ENABLING SKILLS
Microsoft Advance Excel
US GAAP, IAS & IFRS
Financial Modeling
Financial Ratio analysis
Budgeting and Cash Flow Forecasting
VAT return and summaries
SAP, ERP, Quick books, SAGE 50 accounts
Finalization of Accounts
MIS Reporting
Cash Flow management
GL, AP & AR Handling
Negotiations with Vendors