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Financial Accounting Reporting

Location:
Abu Dhabi, United Arab Emirates
Salary:
12000
Posted:
September 03, 2023

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Resume:

Syed Ahtasham Ul Hassan

+971-********* adzfzl@r.postjobfree.com Abu Dhabi, UAE

15+ years UAE experienced SENIOR FINANCE / ACCOUNTING professional with ACCA qualification and hardcore expertise in overall accounting and financial systems, preparation of financial statements, cash flow enhancement, suggesting and implementing new financial policies and procedures. Adept in cost analysis and reduction, working capital management, budgeting and variance analysis, auditing and taxation (VAT), eliminating process frauds thereby contributing to sustainable competitive advantage and bottom line profitability of the organisations.

Core Competencies

Financial Statement Analysis &

Interpretation

Cash Flow Management

Budgeting and Forecasting

Finalization and Closing

Fund Management

Payroll and WPS

Auditing and Taxation

Policies and Procedures

Business Growth, Revenue

Generation & Cost Control

Techniques

Team Management & Leadership

Financial Reporting/ MIS

Career Achievements

Managed implementation of Focus accounting software in the organisation and intercompany branches by providing training and support to existing employees.

Implemented financial reporting system and procedures enabling smooth strategic financial decision making by management in achieving overall cost reduction in the organisation.

Enhanced cash flow approximately 30% by negotiate with suppliers to hold the payment terms and implemented strong internal financial control by restructuring receivable follow up system.

Implemented prompt cash and credit control reconciliation thereby enhancing flow and reducing probability for financial frauds and thereby enabling the organisation in maintaining corporate business ethics.

Successfully complete auditing of Ram General Contracting in 2019 and HSSG Foundation Contracting LLC and KSA, Qatar and UAE branches in 2020, 2021 and 2022.

Improved departmental and operational process efficiency by suggesting required reports and features in accounting system enabling strategic decision makers in reaching corporate and business objectives.

Easily and successfully completed the auditing for the five financial years 2010 - 2015, 2019 and 2020.

Transferred all accounting data from old accounting software to a new ERP system without losing data thereby protected organization from a high risk.

Implemented automated Invoicing system instead of manual excel system and allocation of work to our team members.

Managed financial accounting and system of international companies with more branches in UAE, Qatar, Oman, KSA and India including reporting and auditing. UAE Work Experience

Feb 2021 to Present

HSSG Foundation contracting LLC, Abu Dhabi as Assistant Finance Manager Dec 2017 to Jan 2021

Ram General Contracting, Abu Dhabi as Senior Accountant Jun 2015 to Aug 2016

Al Dhaherei Capital Investment Group, Dubai as Senior Accountant Aug 2013 to Apr 2015

Astraco Group, Abu Dhabi as Senior Accountant

Well versed in accounting, finance, VAT, taxation, bank liaison, auditing, profit & loss, balance sheet, trial balance and cash flows.

Expertise in preparing Budget, planning and controlling, prepare, analyze and interpret variance.

Familiarity with accounting software and programs.

Ability to present complex financial data to a non-accounting audience.

Completing detailed reconciliations to tight deadlines.

Devising and implementing financial strategies to enhance organisational annual revenue.

Leads planning and forecasting activities, reviews financial reports, prepares financial forecasts, preparing of monthly and weekly aging receivables, analyzes revenue, expenses, cash flows, and balance sheets.

Tracking the company's financial status and performance to identify areas of improvement.

Managing and improving the company's entire financial accounting and reporting systems.

Handling day to day financial operations with regard to financial accounting, general ledger and revenue accounting, income statement, statement of financial position, cash flow statements, MIS, financial performance analysis, fund management, liaison with banks, consolidation of reports and UAE VAT compliance as per Guidelines.

Handling all trade services, letter of credit, bank guarantees like bid bond and performance bond.

Preparing Bank reconciliations and intercompany reconciliations including foreign currencies on monthly basis.

Preparing and analyzing records, financial statements and various reports for managers.

Preparing sales, purchase, orders, invoices and monthly sales report.

Managing all schedules like prepaid expenses and provisions.

Financial planning, tracking, analysis, quarterly and annual reporting and revenue recognition as per IFRS 15 against invoices.

Actively participated in sales, CAPEX and OPEX budget preparation and monitoring variance from budget forecast.

Debtor and creditor reconciliations, limit controlling and following up for payments.

Maintaining the fixed assets register (Booking to capitalization), Stock and store management, inventory management, job costing and product pricing.

Maintaining contact with clients to ensure invoices is clear for payment.

Reviewing and confirming payroll related calculations including deduction, staff benefits etc. and produces WPS by initiating computer processing.

Checking, approval, posting and allocating daily receipts, payments and other transactions to ERP accounting systems.

Reviewing all petty cash and employee reimbursement.

Maintain PDC lists and deposits cheques as per maturity.

Completing external audit and providing information for auditors.

Intercompany and subsidiary company reconciliations, avoiding legal challenges, managing legal case from suppliers by complying with legal requirements.

Previous Experience

Education

ACCA (Qualified) Association of Chartered Certified Accountants UK

Bachelor in Commerce (Attested by UAE embassy)

Computer Skills

MS Office, Quick Book, Peachtree, Focus Oracle and Brillient ERP Personal Details

Date of Birth: 30th Sep 1984 Languages Known: English, Punjabi, Urdu and Arabic. Nationality: Pakistani Marital Status: Married

Passport Number: CC2747763 Driving License: UAE Driving License Visa Status: Employment Visa

Key Skills and Competencies:

Roles Across The Career

Nov 2008 to Aug 2013

Seapal Group, Abu Dhabi as Chief Accountant

Sep 2005 to Aug 2008

Androus General Contracting, Abu Dhabi as Accountant General



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