Abdul Kadir Jailani Khomi
Senior Accountant
Dubai,Mina Road
Summary
A strategic finance professional with 19+ years of experience across the Dubai World Corporate Office in the UAE with core competencies in financial operation and reporting | auditing | general ledger | treasury accounting | accounts payable | accounts receivable| fixed assets | intercompany. Inclined to invest my professional expertise, qualification, valuable experience, creative & interpersonal skills to the optimum level in facilitating mutual growth, both for the organization and myself.
Overview
19
19
years of professional experience
Work History
Senior Accountant
Dubai World
01.2008 - 01.2022
- As part of the team, played a key role in developing reports for the top management summarizing the business’s financial position in areas of income, expenses , capital usage and balance sheet
- Assisted the Financial Controller in the preparation of strategic plans, budgets and financial forecasts
- Played a key role in the re-implementation of Dubai World Group
- Chart of Accounts and migrate data from Oracle Financials 11.5.9 to
- Oracle Financials 11.5.10 which was recognized by the Management and a Cash Reward was provided
- Introduced the Auto Bank Reconciliation template in oracle which is followed across the Dubai World Group for Bank Reconciliation
- Implemented the VAT Module in Oracle ERP
- Managing month-end closing for all finance modules in ORACLE 11i
- Managing general ledger by transferring subsidiary accounts, preparing all the necessary journal entries, reconciling entries to close GL period on time and effectively
- Preparing intercompany loans schedules/ reconciling intercompany balance on monthly basis
- Preparing investment entries and schedule for monthly closing
- Maintaining prepayment, other receivable, CWIP, Projects and other control accounts schedules
- Reviewing the Trial Balance and ensuring completeness in addition to the identification of accounts for the clean-up of books
- Tracking and analyzing cost and revenue accounts against budget and highlighting any significant variance to department head
- Preparing monthly Management Accounts (MIS) and submit them to management as per the agreed timeline
- Preparing audited half yearly / annual IFRS compliant Reporting
- Pack and Financial Statements
- Providing information supporting documentation and obtain bank confirmation for the auditors and others various financial information as per their requirement
- Providing accurate and timely financial information to advisors, lenders, consultants, banks and internal auditors as and when required
- Analyzing and preparing audit required documents and trial balances for semester and year-end audit plans by leading the team under the guidelines of Financial Controller
- Assisting finance manager to finalize audit engagement letter and audit representation letter
- Controlling and Maintaining Dubai World standard chart of accounts in respect of parent accounts and their proper child range
- Key Achievements & Recognitions:
- Key Responsibilities:
- Experience
- Tally
- Hyperion ERP
- Oracle Financial 11i
- Master of Commerce
- Developed and implemented effective accounting systems.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Wrote financial statements and consolidations after reconciling general ledger accounts.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Evaluated and improved financial records to make important business decisions.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Directed accounting team in timely reporting of finances for diverse client businesses.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Prepared monthly journal entries and reconciliations.
- Completed year-end closing processes with controllers and external auditors.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
Accountant
Dubai World
01.2002 - 01.2008
- Run monthly recurring billing and ensure the monthly revenues booked agree with the signed lease agreements
- Prepare and update receipts to customers for various payment collection i.e
- Rent, utilities and deposits etc.,
- Review and reconcile customers accounts balances for revenue and receivables with GL on monthly basis and ensure no integrity issue is pending
- Prepare customers statement of account as and when required
- Provide historical information and analysis as and when required
- Support the business by reducing review and processing time for all Revenue and Receivables transaction, i.e
- Refunds, Statement of Accounts and billing
- Ensure clearing of any reconciling item resulted from revenue bank accounts reconciliation on timely basis
- Review and ensure correctness of tenants’ balances for advances, deposits, receivables and revenue on monthly basis
- Coordinate with the other offices daily and ensure that the daily bank processing for all collections are performed on a timely basis
- Submit monthly consolidated financial key information related to A/R and revenue area
- Review all refunds ensuring compliance with lease agreements and the company’s financial policies and procedures
- Prepare tenants' accounts reconciliations as well as follow-up on pending issues and old outstanding items
- Ensure proper review and check over billing and collection process ensuring timely and accurate generation and distribution of A/R invoices and receipts
- Assist in other ad-hoc analysis, financial reporting and other various tasks related to areas of responsibility
- Record fixed asset acquisitions and dispositions in the accounting system
- Track the completion of project cost into fixed asset account, and close out those accounts once the related projects have been completed
- Track the progress of projects and perform the capitalization upon completion of the project support with the proper documentation
- Reconcile the balances in the fixed assets subsidiary ledger to the summary level account in the general ledger
- Calculate depreciation and amortization for all fixed and intangible assets
- Review and update the detailed schedule of fixed assets and accumulated depreciation
- Conduct analyses related to fixed assets and calculate the assets retirement obligation
- Maintain schedules lists of fixed assets and prepare account management for auditors
- Maintain and tracked company expenditures for fixed assets in comparison to the capital budget and management authorization
- Closely work with IT team for the assets tagging process
- Maintained the FA Register and closing of monthly books
- Account Receivables Key Responsibilities :
- Fixed Assets Key Responsibilities
Account Assistant
Deveesh Enterprises
01.2000 - 01.2002
- Handled Account Receivables and General Ledger.
Education
Master of Commerce - Financial Account,Business Studies
Madurai Kamraj University
India 06.1999 - 06.2001
Bachelor of Commerce - Financial Account
Karnataka University
Anjuman College 06.1995 - 06.1998
Skills
Financial statement review
Recordkeeping
General ledger accounting
Account updates
Bookkeeping
Profits and losses tracking
Annual reports
Account reconciliation specialist
Financial records review
Account reconciliation processes
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Senior Accountant
Dubai World
01.2008 - 01.2022
Accountant
Dubai World
01.2002 - 01.2008
Account Assistant
Deveesh Enterprises
01.2000 - 01.2002
Master of Commerce - Financial Account,Business Studies
Madurai Kamraj University
06.1999 - 06.2001
Bachelor of Commerce - Financial Account
Karnataka University
06.1995 - 06.1998