SHIRALI ABU AHMED

SENIOR ACCOUNTANT / ACCOUNTANT

BACHELOR OF COMMERCE (KARNATAKA UNIVERSITY) Email: adn7id@r.postjobfree.com Mobile: 050 – 3015546 PROFILE SUMMARY

Accountant with 10+ years of progressive work experience in large size organizations, demonstrating expertise in accounting procedures, computerized accounting system, assisting in budgeting, and costing aspects on senior level. Well versed with accounting software and good working experience in ERP software’s.

AREAS OF EXPERTISE

Finalization of Account & MIS Reporting Bookkeeping (AR-AP- GL-) Costing / Inventory Management & Credit Control Cash management & cash flow forecasting VAT preparation and Return filing Payroll management Purchase Plan and Budget.

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PROFESSIONAL WORK EXPERIENCE

IT – Skills: MS Office (Word, Excel, and PowerPoint), Internet and Email Accounting Software’s: Focus customized software, Syros ERP, ODOO S.A Erp, Visual Dolphin ERP, Tally ERP PROFESSIONAL EXPERIENCE MY BRAND PERFUME LLC Senior Accountant (JAN 2020 – PRESENT) Reporting – Managing Director

Job Responsibilities:

Setup accounting Standard by rectifying all errors within the system and department and recommends procedures and policies by maintaining accounting controls for 6 different stores in UAE.

Implemented internal controls in the system and within the department and follows internal controls to ensure financial security

Preparations of monthly financial reports covering balance sheet, profit and loss, and cash flow statements To sing the correctness of ensure profitability of business units by assessing the correctness of revenue and expenditure accounted in line with internal control systems and procedure

MY BRAND PERFUME Senior Accountant Jan 2020 To Present LAMODA SUNGLASSES PURE GOLD

GROUP

Senior Accountant April – October 2019

ARABIAN SHOPPING NETWORK/ CEDAR WOOD

GENERAL TRADING LLC

Senior Accountant June 2008 – Dec 2018

YATEEM GROUP Accountant June 2004 – Dec 2007

HOTLINE MOBILE PHONE LLC Accountant March 2001 – Dec 2003 DAMUDI STEEL Assistant Accountant June 1999 – Feb 2001

Completed Pending financial reports for the year 2018-2019 by analyzing and rectifying errors in the system.

Setup proper costing procedure, Inventory system as per the accounting standard.

Submitting store wise break even analyze report based on MIS Report to the Management.

Preparing Monthly store target based on break even analyze report and submitting to the Management.

Preparing and suggesting Incentive plan to improve the store sales.

Monitoring the expenses and suggesting Management the area of cost cutting.

Managed to reduce 80% of long-term receivable by implementing proper follow up procedure.

Implemented Purchase plan based on inventory turnover to avoid aging stock. Vat report preparation and filing.

Preparing cash flow report and submitting to the Management.

Monitoring the daily sales and as well as profit Margin and submitting Daily sales margin and profit margin analysis and report.

Verifies documentation, requests expenditures, and prepares disbursements.

Completion of the monthly accruals, journals, fixed assets, and depreciation schedules

Monitoring cash/credit card transaction and reconciling on daily base

Preparing and reviewing payment plan for trade and service supplier to release the payment subject to the payment terms.

Engaged in administering inventory management.

Manage to reduce Aging stock by implementing preparing purchase plan based on inventory turnover.

Set up purchase Budget, Handling purchase for all stores, Managing and monitoring Purchase Budget.

Managing intercompany inventory transaction.

Managing Payroll and Staff incentive, EOS.

Submitting Stock report, brand profitability report as well as, brand wise sales report

Liaison with insurance companies regarding the renewal of insurance policy of employees LAMODA SUNGLASSES PURE GOLD GROUP Senior Accountant (April – October 2019) Reporting – CEO, CFO & FINANCE MANAGER

Job Responsibilities:

Administrating adherence of tax compliances, maintenance of cash/credit card /Creditors Reconciliation, bank reconciliation.

Managing the accounting and finance functions of 3 different companies spread across UAE, OMAN & QATAR with footprint of 10 stores across the region.

Controlling and maintaining of Overseas and Local costing procedures and make sure that all costing is done for fixing a selling price as per company policy.

Reviewing MIS Reports to sing the correctness of ensure profitability of business units by assessing the correctness of revenue and expenditure accounted in line with internal control systems and procedure.

Preparing and reviewing payment plan for trade and service supplier to release the payment subject to the payment terms.

Generating MIS Reports periodically for management review on various financial Parameters.

Interfacing with Vendors while analyzing and reviewing their bills, taxation compliance, vendor reconciliation, invoices, agreements, and other legal documents, ensuring timely payments.

Leading the Team while delegating work, training, rendering feedback, & monitoring performance improvement.

Managing global cash flow and fund management on a weekly basic.

Engaged in administering inventory management for 3 all countries under purview and contributed to cost control and reduction.

Daily sales margin and profit margin analysis and reporting on any variances and abnormalities.

Vat preparation for UAE branches and Vat Filing.

Preparing and Sending Monthly Mall sales report.

Managing and monitoring Purchase Budget. Informing Management in case of over Budget.

Managing intercompany transaction as well as Monthly intercompany reconciliation. Handling consignment sales as well as hotel sales and Stock Audit and reconciliation.

Managing Payroll and Staff incentive.

Submitting Stock report, brand profitability report as well as, brand wise sales report. ARABIAN SHOPPING NETWORK/ CEDAR WOOD GENERAL TRADING LLC Senior Accountant (June 2008 – Dec 2018) Reporting – Finance Manager, G.M & managing director Job Responsibilities

Generating & posting vender invoice by verifying purchase order & GRN & customer invoices by verifying sales orders and delivery notes.

Controlling and maintaining of costing & Physical stock count by weekly, monthly & yearly determine the issue of variance.

Bookkeeping (AR-AP- GL-Petty cash). PDC Management, Payroll, EOS Calculation, Month end closing, Reconciliation of Balance sheet items.

Compiles financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.

Generated financial reports monthly including preparation – submission of aging analysis of receivables/payable monitored bank account.

Dealing with internal queries about payments, ensuring customers pay on time and negotiating re-payment plans and Handling Disputed bills and negotiates to bring payment within the agreed terms.

Handling affiliated Company Reconciliation Statement on monthly base.

Preparing operating & projected cash flow report and submitting to management.

submitting day-to-day reports, such as daily bank balance, sales report & collection information from the market & affiliated companies Planning salesman wise, product wise profitability report, salesman wise sales report, & sales commission of the salesman.

Preparing balance sheet, P & L, Cash Flow, and coordinate for annual audit requirement

Supporting and co- operation with Logistic Department for overseas payments, analyzing purchase order with supplier invoice to confirm order & assisting for completing shipping insurance

Liaison with insurance companies regarding the renewal of insurance policy of employees, vehicles, and other insurance for the companies.

VAT preparation and Return filing & Handling consignment sales. YATEEM GROUP - Accountant (June 2004 – Dec 2007)

Reporting – Finance Manager, managing director

Job Responsibilities

Submitting day-to-day reports of wholesale division as well as branch outlets, such as daily bank balance, sales report & collection information from the market & affiliated companies

Working as credit controller.

Preparing and analysis accounts receivable and accounts payable aging reports & submitting to management for wholesale division Full ownership of the accounting of 5 Branches including factory outlet with following job responsivities.

Bookkeeping (AR-AP- GL-) & verifying ensuring the financial transactions are properly recorded and accounted as per the company system.

Monitoring day to day business operations and cash flow transactions.

Handling bank and petty cash transactions as well as reconciliation, preparing payroll and maintain the spreadsheets

Preparing Affiliated Company Reconciliation Statement on monthly base

Maintaining fixed assets, prepaid & accrued expenses register generating month wise expenses and posting to account accordingly.

Preparing financial statements balance sheet, P & L, coordinate for annual audit requirement

Conducting yearly reconciliation of balance sheet items for Yearend closing. HOTLINE MOBILE PHONE LLC Accountant (March 2001 – Dec 2003) Job Responsibilities

Preparing GRN and Sales invoice

Entering Bank receipt and payment by allocating them to related invoices to get proper aging report.

Cash and cheque deposit in the bank on daily basis. Handling account payable and receivables

Handling petty cash.

Yearly stock checking and Finalization of account. PERSONAL PROFILE:

Nationality – Indian (Married): Languages Known: English, Hindi, Kannada: Status: Residence Visa (Valid till 28th Feb 2022)

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