Asim Shahid
Abu Dhabi,Abū Z̧aby
Summary
Experienced, detail-oriented accountant seeks a position in Finance which will allow utilization of My knowledge, problem-solving skills and development analytical skills, as well as an advanced understanding of popular accounting software.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Accounts Manager
GULF OASIS MAPOWER SUPPLY
05.2024 - Current
- Performed general ledger account reconciliations, generated financial statements and created consolidations.
- Coordinated month-end closing processes to ensure completion ahead of aggressive deadlines.
- Generated quarterly financial reports to detail company revenues and expenses.
- Reviewed and approved tax returns and departmental expense reports.
- Prepared quarterly tax returns and reviewed submitted documentation with auditors.
- Completed updates to general ledger by adding latest entries, submitting them accurately and within timeframes.
- Streamlined accounts payable and receivable processes, improving cash flow management and vendor relations.
- Managed payroll function, ensuring accurate and timely processing of salaries, bonuses, and deductions.
- Led quarterly budgeting process, collaborating with department heads to align financial forecasts with strategic goals.
- Reviewed and reconciled bank statements, ensuring all financial transactions were accurately recorded.
Senior Accountant
Al Marina Holding / Western Hospitality & Catering LLC
09.2022 - 03.2024
- Prepared profit & loss statement, Balance sheet, MIS and Financial Reports
- Recording, analyzing, reconciling general ledger accounts for financial reporting
- Proficient in handling Accounts Payable Management and Accounts Receivable Management
- Looking after all matters related to Accounts payable like Management, Credit Control and Reconciliation of Accounts with suppliers
- Accounts Receivable and Payable Entries in Financial Accounting system
- Preparing Accounts payable & Accounts Receivable Aging Reports
- Preparing Monthly Bank Reconciliation of company bank Accounts
- Recording, analyzing, reconciling general ledger accounts and financial reporting
- Maintain and update Fixed Asset register and prepare depreciation schedule
- Entering all adjusting entries if required like prepaid, accrued expenses and etc
- Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs
- Monitoring & maintaining records of Post Dated Cheques
- Preparation of Payroll
- Calculating the input & output VAT and Filing the VAT Return as per the USE VAT Law & Filling quarterly VAT returns as per FTA.
Accountant
Agility /GCC Services/ Gulf Catering & Support services
10.2018 - 01.2022
- Managed financial & Cost accounting reporting
- Preparing profit & loss statement, Balance sheet, MIS and Financial Reports
- Preparing Monthly Bank Reconciliation of company bank Accounts
- Looking after all matters related to Accounts payable like Management, Credit Control and Reconciliation of Accounts with suppliers
- Accounts Receivable and Payable Entries in Financial Accounting system
- Preparing Accounts payable & Accounts Receivable Aging Reports
- Recording, analyzing, reconciling general ledger accounts and financial reporting
- Perform Journal entries like Prepaid, Accruals petty cash, payments of expenses etc
- Maintain and update Fixed Asset register and prepare depreciation schedule
- Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs & analyzing performance through KPIs
- Monitoring & maintaining records of Post Dated Cheques
- Debtors Account, Creditors Account and other ledgers etc
- Handling online banking transactions, Payments to suppliers, interbank transfers and third party transfer
- Liaise with & assist external auditors; implement recommendations if any; take corrective action wherever required
- Preparation of Payroll
- Filling quarterly VAT returns as per FTA.
General Accountant
Elite Global Catering Company LLC
02.2016 - 09.2018
- Proficient in handling Accounts Payable Management and Accounts Receivable Management
- Preparing of cheques against supplier's payment after reconciliation of Accounts & maintaining records of issued, unpresented and PDC
- Reviewing bank reconciliation statement and balance reconciliation with customers and vendors and preparing confirmation letters on monthly basis, addressing discrepancies where necessary
- Pass journal entries such as sales, cost of goods sold, Expenses, other incomes, prepaid expenses, accrued/payable expenses & accrued/Receivable incomes, provision Etc
- Preparing Profit & Loss Account, Cash Flow Statement and Financial Position on monthly Basis
- Submission of Statement of Accounts for Debtors / Creditors to respective Department Heads in regards of Payment/Receipts as per Credit Period terms
- Finalized payroll as per (WPS) monitored respective divisions/sites and reconcile payroll data with accounts including commissions, accruals, advances and deductions
- Calculating the input & output VAT and Filing the VAT Return as per the USE VAT Law.
Accountant & Purchasing Coordinator
Elite Restaurants Management Company
04.2013 - 01.2016
- Handling of Petty cash and cash related transactions with required approvals and documentation
- Preparing of cheques against supplier's payment after reconciliation of Accounts & maintaining records of issued, unpresented and PDC
- Monitored fixed asset register and recording additions, disposals and revaluations
- Arranging with supplier for RFQ, preparing the price comparisons while keeping the Brand, Packaging & Country of Origin
- Preparing PO's in system and taking the approval from operations and send to supplier
- Arranging with suppliers for on time delivery as per Approved LPO, Follow up with supplier for short delivery of items and arranging with others supplier if required.
Education
BCOM - Accounting
University of Punjab - Pakistan
MBA - Finance & Business Administration
Virtual University of Pakistan
Skills
- Experience in SAP, Oracle, Focus, Infor
- Financial Reporting, General Ledger Accounts Payable, Accounts Receivables, Bank Reconciliation, Payroll, Cash Flow, Petty Cash
Certification
Valid UAE Driving License
Timeline
Accounts Manager
GULF OASIS MAPOWER SUPPLY
05.2024 - Current
Senior Accountant
Al Marina Holding / Western Hospitality & Catering LLC
09.2022 - 03.2024
Accountant
Agility /GCC Services/ Gulf Catering & Support services
10.2018 - 01.2022
General Accountant
Elite Global Catering Company LLC
02.2016 - 09.2018
Accountant & Purchasing Coordinator
Elite Restaurants Management Company
04.2013 - 01.2016
MBA - Finance & Business Administration
Virtual University of Pakistan
BCOM - Accounting
University of Punjab - Pakistan
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