Shaikh Rizwan

Finance & Accounting Consultant

Dubai UAE, +971-*********

adweca@r.postjobfree.com

Introduction

An astute and result-oriented professional with a strong commitment to excellence in the field of accountancy and finance around 16 years of effectively maintaining accurate accounting information for large-scale financial organizations.

Seeking a new and challenging senior finance position within a dynamic organization, one which will allow the autonomy to deliver long-term financial objectives. Specialties: Financial Accounting, Accounts Receivable, Accounts Payable, Reporting, Budgeting and Audit, ERPs implementation, Internal Control, VAT, Planning.

Work Experience:

Bazaar Accounting & Management Advisors

Accounting & Finance Consultant

Nov 2021 – Present

• Responsible for doing accounting and bookkeeping for Managing multiple clients on monthly basis.

• Managing a portfolio of accounting, taxation, and audit clients.

• Preparation of VAT filing workings for a client in a timely manner and submitting on a quarterly basis.

• Managing schedules such as prepayments & fixed assets depreciation etc.

• Submitting monthly reports such as Accounts receivable, Payables, General Ledger, etc.

• Reconciling sub-ledger to general ledger account balances.

• Preparing financial statements and performing monthly balance sheet, income statement and changes in financial position/budget variance analyses

• Maintaining and reconciling fixed assets schedules.

• Perform month-end accounting activities such as reconciliations and journal entries.

• Coordinate with finance team to complete assigned accounting tasks within deadlines.

• Assist in auditing activities by providing necessary information and preparing requested documentations.

• Finalizing month-end and year end accounts and prepare monthly MIS report within deadlines.

• Make sure accounting data being maintained as per audit requirement and ensure timely and efficient Audits.

• Supervise the team of Accountants and ensure timely preparation and managing efficient Invoicing, payments, Receivables and Payables, Fixed Assets, Intangible Assets.

• Processing accruals, prepayments and subsequent journals.

• Assisting the clients and setting up the implementation of accounting books and managing the month-end closing.

• Responsible for Revenue Certifications report for various client’s as required by mall management.

• Yummy’s Belgian Cafe

Senior Accountant Nov 2020 – Oct 2021

Accounts Payable & Receivable

• Oversee both the accounts payable and accounts receivables functions ensuring they are managed effectively.

• Monthly customer Accounts reconciliation and collection of balance confirmation.

• Managing the credit control processes, ensuring that cash owed is collected.

• Responsible for Reviewing invoices/statements and ensuring all bills are paid in a timely manner.

• Responsible for maintaining daily fund transfers or any disbursements should be properly recorded in the system.

• Preparation of Trade receivable and Trade payable aging reports.

• Responsible for maintaining Purchase Ledger and ensuring payments to the suppliers are done in a timely manner.

• Preparation of vendor weekly aging report for HO and Branch for payments release to suppliers.

• Maintenance of Customer’s aging report and due analysis of AR.

• Issue a credit note to the customers for target sales.

• Ensure all sales and purchase invoices are processed and prepare payment runs / allocate cash.

• Preparation of suppliers aging reports and statements to ensure the payments are made appropriately in a timely manner.

• Preparation of monthly AR aging reports and outstanding statements as and when required. Month End closing

• Responsible for month & year-end process including posting journals & preparing reconciliations.

• Entering month-end entries as part of the closing procedure.

• Monthly closing journal entries such as prepaid rent, medical insurance, business insurance, trade license, monthly packaging charge, stock transfers charge, etc. VAT & Year-End Audit

• Preparation of Quarterly VAT filing returns for all group companies on a timely basis.

• Maintain the company’s VAT records and ensure they are fully up to date at all times.

• Value Added Taxes (VAT) Reconciliations and timely payments

• Submission of FTA Returns on FTA Portal.

• Working with the auditor as per their requirements and submitting the same until the financials.

• Full involvement in the year-end processes including close liaison with the auditors. Reconciliation & General Ledger

• Accountable for the preparation and maintenance of Bank reconciliation statements.

• Recording the third-party commissions into books of accounts and reconciling the same from the receivable’s ledgers.

• Sales Ledger and Credit Control including preparation of sales invoices.

• Prepare and maintain the general ledger accounts and process all month-end journals (including pre- payments and accruals).

• Responsible for purchase ledger and purchase orders, including invoicing and cash management.

• Reconciling Cash and Bank accounts on monthly basis and Inter-Company accounts on a quarterly basis.

• Maintenance of all financial records for intercompany accounts.

• Maintained integrity of the general ledger, including the chart of accounts. Financial Accounting

• Ensure incoming cash is recorded and appropriate banking procedure is followed.

• Recording of credit card expenses from the statement and allocating their expense to their respective expense heads.

• Preparing the schedules for rents and keeping track of rental cheques.

• Payment of utility bills such as Telecom, empower, deyaar, etc., and updating the same into books of accounts.

• Coordinate with operations for any payment-related issues.

• Review existing contracts, accounting systems & procedures.

• Dealing with routine ad-hoc queries and emails.

• Liaising with other members of the team and across the business. Staffing Management

• Supervise the preparation of payrolls of staff till disbursement through WPS.

• Preparing the WPS files as per the final payroll & cross-checking their details such as IBAN no, labor card, bank routing code, etc.

• Coordinating the Pro for any staff's visa renewals, cancellations, trade license renewals, or any other PRO- related works.

• Maintain an up-to-date monthly payroll summary and prepare the monthly payslips for the employees.

• Preparing the staff's settlements such as pending leaves, gratuity, etc.

• Updating the loans & Deduction files and reconciling with books of accounts.

• Keep the track of staff’s public holidays & vacation tracker on a monthly basis.

• Monitoring and responsible for the payroll management, reconciliations, and other reports such as (the annual leave, sick leaves, par timers, and overtime of employees.

• Calculations and Maintenance of deductions of loans and advances, annual tickets, and final settlement of employees.

Financial Reporting

• Keep track of post-dated cheques/cash flow management.

• Responsible for the preparation of monthly financial results, budget, and quarterly forecasts, and completion of the reporting requirements.

• Responsible for Preparing and submitting monthly management accounts in a timely manner.

• Responsible for the fixed asset register maintenance, written-off, and transfer activities.

• Preparation of budgets, keeping provision, forecasts, and cash flows in monitoring them on a daily & weekly basis.

• Prepare & monitor the company’s budgeted cash flow and ensure keep alignment with actuals.

• Preparation of Balance sheet & Profit and loss with explanatory notes, and reconciliation of all the accounts for management review.

• Recording of Cost of goods sold (COGS) and food costs for the catering sales to the respective books of accounts.

Inventory Management

• Monitor comparison of Stock reports with quarterly physical stock reports from the store

• Preparing the placing packaging orders as and when required.

• S'wich Gourmet (F & B Industry)

Senior Accountant

Nov 2014 – Oct 2020

• Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.

• Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions.

• Produces payroll by initiating computer processing; printing checks.

• Maintains general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries.

• Responsible for day-to-day finance and accounts operations.

• Responsible for timely monthly reconciliation of financial statements.

• Payments and cash-flow management. receivable& collections.

• Responsible for stocking taking, and stock control.

• Oversees the daily accounting activities required to maintain the general ledger and other balances and accounts.

• Supervises petty cash payments and the replenishment of petty cash.

• Directs and reviews accounting entries such as cash reconciliations, income and expense transactions, fixed asset activities, payroll, and other transactions.

• Ensures the relevant books of accounts are compiled at the end of every financial period.

• Satish Constructions Pvt Ltd Hyderabad India.

Senior Accountant

(01-Nov-2008 – 30- July 2014)

• Documents financial transactions by entering account information.

• Recommends financial actions by analyzing accounting options.

• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statements, and other reports.

• Post business transactions, process invoices, and verify financial data for use in maintaining accounts payable records.

• Provide other clerical support necessary to pay the obligations of the organization.

• Maintain meticulous records of outstanding payables.

• Compiling, analyzing, and reporting financial data.

• Creating periodic reports, such as balance sheets, profit & loss statements, etc.

• Dr Reddy’s Laboratories Hyderabad India.

SAP Core User

(01-Mar 2007 – 30-Aug-2008)

• Attend meetings with the client.

• Gather Information on their current business processes and prepare a document

• Gather information on their business requirements and prepare.

• Configure Global settings and Enterprise structure settings.

• Configure G/L, A/P, A/R, and Asset Accounting.

• Understanding of accounting business processes.

• Facilitate workshops to collect business requirements.

• Design, customize, configure, and testing of FI/CO modules.

• Provide ad-hoc training and user support as required.

• Work on customization and change requests coming from the business.

• Cash & Bank Accounting, GL Accounting, Profit Center, Cost Centre, Internal Order Accounting Integration with MM.

• Support Current configuration and module working knowledge in SAP FICO Module.

• Preparation of financial statements

• Profit and loss (P&L) analysis.

• Understanding FICO modules to the extent that you are able to suggest process improvements. Education

• M.B.A (Finance) - From Smart ICBM Business School Andhra Pradesh, Hyderabad India.

• Bachelor of Commerce B.COM – Finance & Accounting from Osmania University. Certifications

• Accounting Package Tally ERP 9.0, Focus & Wings from Wings Solutions 2013 Hyderabad, India.

• Microsoft certified solutions associate (MCSA) Certification No: E946-4553

• Microsoft certified solutions associate (MCP) Certification No: E944-8600

• Computer System and Networking Engineering ( I. T.) - Zoom Technology, India Software Experience & Skills

• SAP ERP 2005 (ECC 6.0): SAP FICO, MM & QM.

• Accounting Package (ERP Tally 9.0), Focus & Wings software.

• MS-Office Packages: Ms-Office 2007, (Ms.-Word, Excel (VLookup, H-Lookup, Pivot table, Functions & formulae's) and PowerPoint.

• ERP MYOB, Intuit QuickBooks.

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