Senior Accountant

UMAR TAMOOR

Cell: +971*********

E-mail: *************@*****.***

PROFILE

ACCA qualified enterprising, hard-working, and technically skilled Accounting student and professional who is well known for accuracy and attention to detail. Accounting career spans more than 7 years and has proficiencies in the software including MS Office Suite, Tally ERP 9, Peachtree, Quick Books, and Oracle E-Business Suite. Currently self-studying on SAP (Easy finance).

Core competencies:

Accounting & Bookkeeping

Reconciliation of Accounts

Cash Management

VAT Implementation

Customer Management

Budgeting & Forecasting

Cost Reductions

Audit & Compliances

Regulatory Compliance

Vendor Management

Payroll Specialist

Excellent in Microsoft Excel

Reporting & Analysis

Year-end Closings

Risk & Internal Controls

EDUCATION

ACCA – UK 2019

MBA (Accounting & Finance) 2011

Bachelors in Science (Mathematics, Statistics, Economic) 2006

PROFESSIONAL EXPERIENCE

AGD Electromechanical LLC Dubai, UAE (November 2013 to Date)

Accounts Executive

Key Responsibilities:

Prepare and monitor the Company’s cash flow to meet the Company’s obligations and manage the working capital.

Deal independently with the Company’s financial suppliers/ banks in all aspects of day-to-day transactions, such as Letter of Credit (LC) issuance, Bank Guarantees, etc.

Coordinate with suppliers for any discrepancy in the invoice and coordinate when the cheque is ready for collection

Prepare, analyze, and interpretation of the company’s monthly financial reports such as income statements, balance sheets, and cash flow statements and present them to the Finance Manager.

Reconcile bank statements every week and all trial balances on a monthly and yearly basis to ensure accuracy.

Prepare and review the Letter of Credit (LC) applications according to the commercial deal/ contract with the beneficiaries.

Directed financial objectives; implemented systems, policies, and procedures and reported variances to facilitate internal financial control; provided Budget Comparison Reports to the Top Management for effective decision making.

Monitor accounting internal controls and implement new procedures for the Company.

Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, and capital expenditures.

Employee payroll processes such as Salary, Leave Salary, Loan/advance, and other allowances

Understand the key commercial terms of the contract (billing, SLAs, Termination clause, Performance obligation, later payment interest, etc.) along with the Revenue recognition checklist as prepared by BU Controller and approved by HQ

Review monthly project performance reports (PPR) with project managers, reflecting the projects’ current financial position and forecast costs at completion. This includes ensuring alignment with project schedules, committed costs, remaining costs to complete, and reconciliation to the Project module system.

Finalization of contractual agreement/LPO before execution & ensuring the favorable terms & policies have been adhered to.

Monitor, control, and ensure accurate accounting of post-dated cheques received

Reviewing and verifying all sub contractors’ payments certificates, bills for equipment hirers, ensuring payments as per agreement terms are as per the interest of the company.

Petty Cash management for site expenses and office expenses.

Computing & arranging for timely deposit of taxes and filing of returns for timely completion of the assessment. Reviewing the compliance with various statutory requirements under law, rules, and regulations as required.

Communicating financial issues to the management and staff, who are not related to financial dealings and keeping them in good understanding of the financial positions

Maintaining accurate accounts and records of the retention holdback and dealing with financial irregularities and taking remedial measures to rectify the same

Calculate the finance charges related to bank loans and overdraft interest to ensure all the charges that are applied are as per the agreed rate with the bank and coordinate with a bank in case of any discrepancy.

Participation in External Audit of the company’s Financial Statements and provide documentary avoidance to the External Auditor for preparing the true and fair Audit Report.

Instituting internal control systems viz. Receivables, Payables, Inventory also keep a vigil over overhead expenses. Improve Credit control by implementing policies for debt recovery & managing legal cases for recovery of debts. Maintenance of the Books of Accounts and independently finalizing accounts at the Corporate Level.

Build and maintain a professional relationship with clients through regular contact ensuring a deep understanding of their needs and then matching them with workable solutions

Based on client interaction, maintain and update key clients’ profiles in Salesforce on regular basis to ensure accurate information is available at all times for further business decisions

Historical Lakes General Trading LLC Dubai, UAE (September 2012 to November 2013)

Accountant General

Key Responsibilities:

Conducting field visits for physical verification of inventory.

System extraction and analysis of Inventory Listing and Ageing Reports for all business divisions

Trade Payables and Trade Receivables and follow up the balance of payment.

Preparation of LPO, Quotations, Receipts, Invoices.

Handling A/C Payables & Receivables and Preparing Aging Reports.

Bank, Customer, and vendor reconciliation on a periodical basis.

Preparation of Salaries of Employees.

Reviewing & checking errors in the Books of Accounts.

Preparing & Reviewing Debit notes every month

Assisting the Auditor to prepare the Final Audit report.

Match invoices to checks, obtain all signatures for checks, and distribute checks accordingly

For credit sales transactions, review the overdue balances and follow up with the sales team for collection updates

Preparation of the supplier payments for both local and International

COMPETENCIES

The methodical and rigorous approach to achieve tasks and objectives

Self-aware & always seeking to learn and grow

Ensures Accountability

Products & Services Knowledge

Strong negotiation skills with suppliers for the best payment terms

Good interpersonal skills & team-working capabilities

Good communication and organization skills

Problem-solving

LANGUAGES

English (Read, Write and Speak)

Arabic (Read and Write)

Urdu (Read, Write and Speak)

PERSONAL INFORMATION

Nationality: Pakistani

Marital Status: Married

Driving License: Dubai, UAE

References: Available upon request

Contact this candidate