Procurement Accountant
Resume:
Muhammad Toseef
**********@*****.***
Address: Abu Dhabi,
United Arab Emirates
I am a flexible and experienced
accountant with excellent
procurement management
skills. I am skilled in dealing with
problems in a resourceful
manner. I am always
enthusiastic to learn and
undertake new challenges. I am
used to working in a team whilst
also being capable of using own
initiative.
About me
Expertise
WORK EXPERIENCE
March 2015 -
Present
Accountant and Procurement Officer
Zone Parking Solution LLC
Abu Dhabi, United Arab Emirates
EDUCATION AND TRAINING
• Cash flow statement
• Variance analysis and P&L
account reconciliations
• Accrual analysis and balance
sheet reconciliations
• General Ledger reconciliation
• Bank Reconciliations
• Manage Accounts Payable
• Manage Accounts Receivable
& Collections
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Bachelor of Commerce (Hons.)
University of the Punjab, Pakistan
Sep 2010
Sep 2014
• Specialization in Financial and Management Accounting Date of Birth: 28/07/1992
Diploma in Commerce
Government College of Commerce, Pakistan
• Major in Accounting and commerce subjects
Aug 2008
Aug 2010
Accounts Responsibilities:
• Perform day to day operation of Accounting Department, maintain accurate financial records and timely financial reporting.
• Ensure compliance with defined accounting procedure and guidelines.
• Responsible for checking of invoices from supplier posting to Accounting Software and disbursing of payments.
• Prepare management reports and analysis revenue report data.
• Process Memorandum on monthly basis and report to finance department.
• Assist in journal ledger entries process and maintain financial records.
• Complete customers service centers reconciliation of payment reports (Cash and Credit).
• Prepare monthly inventory utilization reports and decision making on stock management.
• Maintain all client accounts billings, payments, and collection of accounts receivable.
• Process payment vouchers, transfers, checks and credit notes.
• Careful checking, recording of all incoming and outgoing invoices and bank statements.
• Assist in preparing payroll and employees' final settlements.
• Prepare Letter of Purchase order to submit to vendor for material requested.
• Coordinated purchasing detail with purchasing officer, including revisions, order cancellation and invoice discrepancies.
• Disbursing of Petty Cash Payments.
• Advise management on Bank's daily cash and liquidity.
• Prepare VAT returns and submit according to UAE laws.
• Process employees’ expenses statements and effectively communicate to maintain positive working relationship with proactive solutions. Page-1
Job-related Skills
• Experience with accounting
Software ERP Tally
• Financial Analysis &
Business Modelling
• Competent in office suite
(Word, Excel & Power Point)
• Sound knowledge of Value
Added Tax & VAT
accounting implications on
invoices
• Proficient in Data Entry,
Typing & Analysis
• Excellent ability to achieve
KPIs
ADDITIONAL INFORMATION
• Urdu (Native)
• English (Advanced)
Personal Skills:
• Valid UAE Driving License
Projects & Assignments:
• Agency problems, cost, and resolution
• Financial ratio analysis of ABL Bank during my internship
• Standard cost and operating performance measures
• Break even and cost-volume-profit analysis
• Process costing, job order costing and activity based costing Presentations:
• IAS 7 Statement of cash flow
• IAS 23 Borrowing Cost
• Difference between GAAP and IFRS
• Corporate Governance
• Internal control structure and management philosophy
• Enterprise resource planning ERP
• Variable and Absorption costing
•
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Procurement Responsibilities:
• Exeuction of Procurement Policy for daily operations and ensure that all goods/services requriements are met in a timely, effective and efficient manner.
• Monitor macro trends in suppliers contract and implement plans to react.
• Delivery Financial Savings report.
• Define and manage key vendor relationsips to delivery breakthrough performance in cost, service and quality including technical input to negotiations on strategically significant contracts.
• Represent the company’s interest at all times and ensure procurement with maximum cost saving benefits with no comparise on quality.
• Process and approve MSA to PO in accordance with company policy and negotiate with suppliers on terms and conditions.
• Forecast Procurement needs, continually develop expertise to support growth for new projects.
• Maintain risk cover for insurances of the company including PAR, PL,WC,FG,MI, PL etc.
• Discuss unaceeptable goods/serices with users/ suppliers to determine cause of problems and take corrective and prevention action. Ensure supplier compliance with material specification and standards.
• Maintain Procurment Library and records as per standards.
Contact this candidate