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
undefinedWork 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
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