adx5oi@r.postjobfree.com +91-961*******

Skill Set

Strategic & Financial

Planning

Financial Planning &

Modelling

Budgeting, Forecasting

Working Capital, Cash

& Fund Flow Mgmt.

Accounts Receivables

& Payables

Statutory Compliance,

Risk Management, Due

Diligence

Internal Audit,

Statutory Audit, Tax

Audit and Bank Audit

Direct & Indirect

Taxation, Statutory

Compliance

Profile Summary

Rich background in spearheading all aspects of Finance including financial planning & analysis, accounting, working capital management, budgetary control, taxation, audits, global financial reporting, regulatory, corporate governance and due diligence

Strong experience in preparation of financial statements and annual closing of accounts as per the Accounting Standards outlined for various companies such as Proprietary Firms, Partnership Firms, A.O.P., Schools, Trust, Wakfs, LLC and Private Ltd. Co.

Proven experience in improving operations, impacting business growth & maximizing profits; restored financial health of companies by taking control of all receivables, payables and assets

Contributed to allocating resources to meet the budget planning and goals top-line as well as bottom-line objectives, ultimately leading to exceed profit goals

Collaborator with strong communication, interpersonal, analytical and problem solving skills

Appreciative of diverse cultures and viewpoints

Education

2002-2003: Masters in Commerce from University of Mumbai, India 1995-1996: Bachelors of Commerce from University of Mumbai, India 1992-1993: HSC from Maharashtra State, India

1991-1992: SSC from Maharashtra State, India

Work Experience

Jan’2019 – July’2019 :- Businesses owned by UAE Local Abdulla Sultan Abdulla Al Dhaheri, Abu Dhabi, UAE as Chief Accountant(Al Ain Region)

Responsibilities:

Leading all areas of work related to accounts in Al Ain Region i.e.; Accounts of Al Rahma Medical Center, Al Rahma Pharmacy, Baqala Accounts, Al Qarya Poultry Farms & Estate Agency Expenses Maintenance. Assisting the Finance Manager in all Al Ain Related Management Decisions. Significant Accomplishments:

Assisted Finance Manager in timely filing of VAT Returns Assisted Finance Manager in timely placement of chicken Feed Orders and payment thereof in Al Qarya Poultry Farm.

Assisted Finance Manager in planning payments to creditors and others. Successfully controlled the Cash receipts and Bank Deposits due from sale of eggs and chickens in Al Qarya Poultry Farm.

Organized Cash Advances to employees.

Successfully achieved day to day record keeping of accounts with no Backlogs. Organized proper filing of documents and attachment thereof online in QuickBooks. Assisted Internal Auditor in checking the records of previous years as well as current mismanagement. ZAHIR DAWOOD SHAIKH

Financial Management & Control Professional

Strategic, analytical Finance Professional with proven leadership qualities and over 13 years’ comprehensive experience in financial management and control.

Nov’2017 – Dec’2018:- Freelance Accounts & Tax Consultant Responsibilities:

Provided consultation to small-to-medium sized clients and Individuals for: o Finance function including Accounts, Budgeting, Costing, MIS, Internal Audit o Various Tax Compliances of Individuals and Firms(TDS / VAT / S.T / I.T / P.T) o Taxation and reply to government notices & queries Sept’2015 – Oct’2017: Xchem International LLC, Ras Al Khaimah, UAE as CFO Responsibilities:

Providing leadership, strategic consultation & guidance on business & financial issues affecting costs, operational performance & profitability of the company (with annual sales of AED 30 Million and workforce strength of 52) Spearheading the entire gamut of financial operations, supported by a team of 10 employees Formulating & implementing policies, procedures and internal control systems for effective financial operations; preparing policies, short-term & long-term business plan, financial models and annual budget (CAPEX & OPEX) Calculating & analyzing Key Performance Indicators (KPI) such as Volume, Net Revenue, Net Operating Profit

(NOP) and Operating Cash Flow (OCF)

Managing complete preparation & finalization of monthly, quarterly, half yearly and annual financial statements such as Trial Balance, Profit & Loss Account, Balance Sheet, Cash Flow Statement, A/R & A/P Aging Reports Developing, analyzing & implementing budgets; reviewing budgets for deviations and conducting analysis of variance between budgeted & actual

Monitoring maintenance of other records such as general & subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records Tracking inflow & outflow of funds; calculating funding position as required by local banks; monitoring bank reconciliation activities; ensuring timely realization of debtors and monitoring payments to vendors Facilitating smooth execution of all legal contracts & financial covenants; enforcing strict compliance with legal & statutory requirements; developing and maintaining cordial relations with various local bankers Administering various HR, Payroll and Compliance related matters; smoothening strenuous relations of the company with employees, customers, suppliers & banks Significant Accomplishments:

Contributed extensively to set-up of Finance function and implementation of Oracle Cloud based ERP(Net Suite) Formulated, drafted &implemented policies, procedures and employee contracts Established Finance & Accounts team of 5 members and Production, Logistics & Purchase team of 5 members Successfully turned around the performance of the company by significantly reducing operational cost by and identifying & eliminating unnecessary record maintenance practices Improved the finance function through strategic changes and by identifying & eliminating weaknesses in system Streamlined the accounting & reporting systems through several checks and balances in systems Created well-designed budget & financial models to measure and evaluate financial success of the organization Established internal control disciplines to maintain integrity and accuracy of financial reports Controlled bottom-line through effective cost management strategies Played an essential role in reducing of bad debts

Implemented scalable systems & processes to address key financial challenges Apr’2013 – Sept’2015: Freelance Accounts & Tax Consultant Responsibilities:

Provided consultation to small-to-medium sized clients for: o Finance function including Accounts, Budgeting, Costing, MIS, Internal Audit o Various Tax Compliances of Individuals and Firms(TDS / VAT / S.T / I.T / P.T) o Taxation and reply to government notices & queries Drafted & maintained stock records and bank reports Managed Statutory Compliance related matters including preparation & registration of partnership deeds, gift deeds, power of attorney and incorporation of Pvt. Ltd. Company Significant Accomplishments:

Improved timeliness of month-end financial reporting; finalized books of accounts with zero error tolerance Successful clearance of Various Tax Assessments and recovery of refunds. Jan’2007 - Dec’2008 & Apr’2011 – Mar’2013: Reliable Trans & Impex Services, Mumbai As Chief Accountant & Accounts Manager

Responsibilities:

Finalized monthly, quarterly, half yearly and annual financial statements such as Trial Balance, Profit & Loss Account, Balance Sheet and Cash Flow Statement, supported by a team of 7 members Coordinated bank correspondence and fulfillment of reporting & statement requirements; calculated funding position as required by local banks; managed bank reconciliation activities Maintained Fixed Asset Register, including depreciation and providing input into capitalization/expensing of outlays

& grouping of fixed assets

Coordinated matters related with payroll and various tax compliances (TDS / S.T / I.T / P.T) Worked in close coordination with CA for statutory audit &tax filing and with company secretary for statutory compliance with Registrar of Companies (ROC)

Significant Accomplishments:

Reviewed, investigated, and corrected errors and inconsistencies in financial entries and documents that led to transparency in reporting to stakeholders

Streamlined procedures to arrive at greater efficiency in workflow and deliverables Conducted root cause analysis of accounts with fluctuations Previous Work Experience

Feb’2002 – Jan’2003: Jogeshwari Education Trust, Mumbai as Chief Accountant Jun’1996 – Jan’2002: R.F. Merchant & Co. (CA),Mumbai as CA Article Trainee & Senior Office In-Charge Articleship

1996 – 1999: Certified CA Articleship Completion from Institute of Chartered Accountants of India as CA Article Trainee with R.F.Merchant & Co.

IT Skills

Overall Computer Application including MS Office, MS Outlook etc. Good and Satisfactory Working Knowledge of Accounting Software such as Net Suite ERP, Fact ERP, Tally ERP and QuickBooks

Personal Details

Date of Birth: 14th August 1975

Languages Known: English, Urdu, Hindi, Marathi and Gujrathi. Permanent Address: B/17/401, Al - Rizwan, Millat Nagar, Andheri (W), Mumbai – 400053, Maharashtra, India. Nationality: Indian

Marital Status: Widower

No. of Dependents: 6

Passport Details: No. P1956733; Valid Till: 20thJuly, 2026 Driving License: UAE Driving License

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