Summary
Overview
Work history
Education
Skills
Languages
Certification
References
Timeline
Generic
Basma Rashid

Basma Rashid

Dubai,UAE

Summary

Finance professional with expertise in tax accounting, reporting, and budget development, specializing in international tax issues. Strong problem-solving skills complemented by effective public speaking and regulatory compliance knowledge. Proven track record in analyzing key performance indicators to drive strategic decision-making. Committed to delivering impactful contributions in finance and compliance sectors.

Overview

7
7
years of professional experience
3
3
years of post-secondary education
1
1
Certification

Work history

Senior financial accountant

Mednet UAE FZ LLC
Dubai, UAE
01.2025 - Current
  • Deliver detailed budget analyses and strategic recommendations to top management.
  • Prepare comprehensive compliance reports monthly, quarterly, and annually.
  • Collaborate with external auditors, achieving clean audits each year.
  • Engage senior management to drive efficiency improvements across operations.
  • Managing implementation of group consolidation reporting requirements for parent company in Q1 2026.
  • Project manager for domestic minimum top-up tax implementation for all Bahrain, Oman, and UAE companies in Munich Re Group.

Financial accountant

MEDNET UAE FZ LLC
Dubai, UAE
06.2022 - 12.2024
  • Executed month-end and year-end closing activities for Mednet, ensuring compliance with policies.
  • Maintained and reconciled General Ledger accounts for UAE, Oman, and Bahrain to uphold quality standards.
  • Managed day-to-day accounting processes, including payables, receivables, and Fixed Assets.
  • Produced timely, accurate reports aligned with management expectations and month-end timetables.
  • Developed and implemented Finance policies for Accounts Payables and Receivables, enhancing operational efficiency.
  • Liaised with external auditors to facilitate interim and year-end audits at group and local levels.
  • Project Manager for Corporate tax implementation for all UAE Munich Re companies.
  • Collaborated with IT to automate payment processes, reducing task time by 50%.

ACCOUNTS ASSISTANT

MEDNET UAE FZ LLC
Dubai, UAE
11.2019 - 05.2022
  • Assisted in monthly closings, ensured timely completion of tasks.
  • Assisted senior accountant for audit preparation.
  • Conducted bank reconciliations regularly to maintain accurate records.
  • Liaised with clients regarding overdue payments, facilitated swift resolution of issues.
  • Ensured compliance with accounting standards through diligent record keeping.
  • Met deadlines by managing workload independently.

AUDIT INTERN

DELOITTE DTTL
Abu Dhabi, UAE
02.2019 - 05.2019
  • Developing understanding of company audit methodology, approach and tools while working under supervision of licensed auditors.
  • Preparing working papers, reports and supporting documentation for audit findings.
  • Selecting and vouching samples for revenue, payroll, cash and bank, expenditure etc.
  • Performing preliminary and concluding analytical reviews.
  • Assisting in preparation of standalone and consolidated financial statements.
  • Quarterly review analysis.

ACCOUNTS INTERN

VIBES EVENTS
Abu Dhabi, UAE
07.2018 - 01.2019
  • Preparing and handling payment for suppliers
  • Keeping track of all payments and expenditures for hired temporary staff
  • Generating accounts payable reports for management review to aid in financial and business decision making
  • Using Quickbooks software to encode payments made via petty cash and cheques
  • Handling phone calls and other ad hoc work.

Education

ACCA

Association of Chartered Certified Accountants
Abu Dhabi
02.2019 - 09.2019

BACHELORS IN ACCOUNTING AND FINANCE -

Middlesex University Dubai
09.2015 - 05.2018

Skills

  • Expertise in regulatory compliance matters
  • Analysis of key performance indicators (KPIs)
  • Tax accounting proficiency and reporting knowledge
  • Budget development capabilities
  • Problem-solving analysis skills
  • Public speaking and presentations expertise

Languages

English
Fluent
Urdu
Native

Certification

Corporate Tax Diploma - Kaplan

References

References available upon request.

Timeline

Senior financial accountant

Mednet UAE FZ LLC
01.2025 - Current

Financial accountant

MEDNET UAE FZ LLC
06.2022 - 12.2024

ACCOUNTS ASSISTANT

MEDNET UAE FZ LLC
11.2019 - 05.2022

ACCA

Association of Chartered Certified Accountants
02.2019 - 09.2019

AUDIT INTERN

DELOITTE DTTL
02.2019 - 05.2019

ACCOUNTS INTERN

VIBES EVENTS
07.2018 - 01.2019

BACHELORS IN ACCOUNTING AND FINANCE -

Middlesex University Dubai
09.2015 - 05.2018
Basma Rashid