Ajay Modi

• Accounting & Financial Reporting: Manage bookkeeping for UAE shipping and commodity trading companies, maintain general ledgers and accounts payable/receivable, record transactions, perform bank reconciliations, and assist with month-end closing and financial reporting.
• UAE VAT & Corporate Tax Compliance: Handle VAT registration and deregistration, prepare VAT workings and reconciliations, review tax invoices, prepare Corporate Tax computations, assess tax adjustments and related-party transactions, and coordinate tax return filing.
• UAE E-Invoicing & Internal Audit: Support e-invoicing implementation, verify invoice accuracy, maintain records, review financial transactions and internal controls, identify discrepancies, prepare audit working papers, and follow up on corrective actions.
• Shipping, Commodity Trading & Trade Documentation: Maintain records of freight income, shipping charges, vessel expenses, and commodity transactions. Prepare commercial invoices, packing lists, bills of lading, and Letter of Credit (LC) documents while coordinating with banks, suppliers, customers, and shipping agents.
  
• External Audit, Client Coordination & Compliance: Prepare audit schedules, ledger extracts, financial statements, and supporting documents; coordinate with external auditors, resolve audit queries, maintain compliance records, and ensure timely completion of accounting, taxation, and audit assignments.

• Accounting, Bookkeeping & GST Compliance
  Accounting & Bookkeeping: Maintained client accounting records using Tally, recorded financial transactions, maintained general ledgers, and managed accounts payable, accounts receivable, and inventory.
  Bank Reconciliation & Financial Reporting: Performed bank reconciliations, investigated discrepancies, and assisted in preparing financial statements, including the Balance Sheet and Profit & Loss Statement.
  GST Compliance & Return Filing: Prepared GST workings, calculated tax liabilities, reviewed input tax credit (ITC), and assisted in preparing and filing GST returns for clients.
  Invoice & Documentation Management: Prepared sales invoices, purchase orders, sales orders, and expense reports while verifying supporting documents and the accuracy of financial transactions.
  Client Coordination & Taxation Support: Coordinated with clients to obtain accounting records and GST documents, resolve accounting discrepancies, and address bookkeeping and taxation-related queries.

Passed with First Division

Currently pursuing the ACCA qualification, with 8 out of 13 examinations successfully completed.