Hafis Muhasin
Muwaileh,Sharjah
Summary
Accomplished finance professional with extensive expertise in financial accounting, taxation (VAT), and financial reporting. Demonstrates proficiency in managing accounts receivable/payable, bank reconciliations, and final accounts. Skilled in revenue growth tracking, debt recovery techniques, and cash flow analysis. Adept at using MS Office applications and Tally ERP 9 for efficient MIS reporting and budgeting. Strong analytical skills combined with problem-solving abilities and a team-oriented approach ensure effective financial management. Career goal includes leveraging expertise to drive organizational financial success while continuously enhancing skill set.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Accounts manager
Noor Al Shams Computer Net Tr. LLC (RitchField)
Sharjah, UAE
05.2023 - Current
- Streamlined internal audit processes to ensure compliance with regulatory standards.
- Initiated process improvements that streamlined invoice processing tasks.
- Identified cost-saving opportunities by conducting thorough expenditure reviews.
- Driven continuous improvement initiatives within the finance department; promoted a culture of excellence.
- Improved financial accuracy by implementing advanced accounting procedures.
- Facilitated smooth department operations by establishing effective workflow systems.
- Implemented new billing system, drastically reduced late payments from clients.
- Achieved high accuracy levels through diligent monitoring of incoming payments and reconciliations
- Ensure revenue recognition aligns with company policies and accounting standards, while establishing and documenting essential revenue control processes and procedures.
- Verify that customer invoices are accurately generated in accordance with contractual agreements and dispatched promptly to facilitate timely collections.
- Actively coordinate the preparation of credit/debit notes, ensuring management approval before issuance to customers.
- Collaborate with key business stakeholders to promote and implement best practices in revenue management.
- Ensure the timely preparation and distribution of aged debt analysis for individual Business Units.
- Apply appropriate time-based provisions for problematic debts.
- Proactively engage with customers to ensure prompt debt collection and escalate issues to the Line Manager and relevant business teams when necessary.
- Provide annual budget forecasts, track revenue and collections, identify potential areas for improvement, and take corrective actions where needed.
- Contribute to the maintenance of financial integrity by adhering to internal control procedures.
- Prepare and maintain critical employee-related reports and analyses, ensuring accurate and timely distribution of data and insights to meet the business’s informational and support needs.
- Coordinated monthly, quarterly, and annual budget reports to enhance company's strategic planning.
SENIOR ACCOUNTANT , ADMIN & PURCHASE
Leeds Cables Trading LLC
Sharjah, UAE
04.2014 - 05.2023
- Ensure smooth functioning of Finance Department and Assist Finance Director
- Monitoring Letter of Credit Transaction
- Authorizing bank transfer
- Prepare Financial Statements and Bank Reconciliation
- Supervision of Account Payable and Receivable
- Preparing and Monitoring Budgets
- Avoids legal challenges by complying with legal requirements
- Assistance for Internal and external auditing
- Preparing general ledger and all books of accounts up to Final accounts and Balance sheet
- Establish and maintain cash controls
- Payroll preparation
- Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information
- Prepare quotation, invoices, purchase order
- Timely Renewal of Company Documents and Staff VISA
- Processing internal arrangements such as travel, training sessions, and teambuilding events
- Preparing PO Based on the Project closing
- Coordinate with OEM factories in the global market for Materials Purchase
- Coordinate with different forwarders for better rates and move shipments
SENIOR ACCOUNTANT
HAPBCO Motorcycles PVT LTD
Calicut, Kerala
06.2013 - 03.2014
- Budget &Forecasting: - Associate with superiors for preparing monthly &yearly budgeting and forecasting income & Expenses statement
- Coordination with Branches & Head Office: - Reconciliation daily basis, Stock Transfer & Fund Transfer etc
- VAT & TDS Filing
- Credit Control: - Monitoring receivable as per company terms
- Inventory Control: - Ensure Stock availability, dead stock &non-moving stocks, monthly physical stock verification
- Administration: - Handling of day-to-day operations of the office including organizing and supervising all the Administrative activities operations
- Payroll preparation: - Salary and Over Time of labors on monthly basis
- Incentive preparation: - Staff incentive preparation
- Management Information System: - Preparations of Daily, Weekly & Monthly Reports &other reports required for Management on time to time
- Finalization of Accounts: - Coordinate with Statutory Auditors, Yearly P&L and Balance Sheet preparation
- Entering day-to-day transactions: - Over all control and monitoring all accounts related transactions as per bills and Maintaining Cash books, Bank books, General Ledger, Personal Ledger etc
- Verification of day-to-day transactions, scrutiny of day books, Ledger & other registers Including Purchase & Sales
Education
MBA - Finance
C V R University
B. Com - Bachelor of Commerce
University of Calicut
Calicut, KeralaHSE - undefined
Board of Higher Secondary Examination
SSLC - undefined
General Education Department
Skills
- Financial Accounting
- Taxation (VAT)
- Letter of Credit
- General Ledger
- Financial Reporting
- Revenue growth tracking
- Debt recovery techniques
- Accounts Receivable/Payable
- Bank Reconciliations
- Expenses Reconciliations
- Final Accounts
- Petty Cash Management
- MIS Reporting
- Budgeting
- Costing
- MS Office Applications
- Tally ERP 9
- Analytical skill
- Problem Solving
- Team Player
- Cash flow analysis techniques
Certification
- ISO 9001: 2015 Internal Auditing Techniques
- ISO 9001: 2008 Internal Auditing Techniques
Languages
English
Hindi
Malayalam
Tamil
Personal Information
Date of birth: 10/23/89
References
References available upon request.
Timeline
Accounts manager
Noor Al Shams Computer Net Tr. LLC (RitchField)
05.2023 - Current
SENIOR ACCOUNTANT , ADMIN & PURCHASE
Leeds Cables Trading LLC
04.2014 - 05.2023
SENIOR ACCOUNTANT
HAPBCO Motorcycles PVT LTD
06.2013 - 03.2014
B. Com - Bachelor of Commerce
University of Calicut
HSE - undefined
Board of Higher Secondary Examination
SSLC - undefined
General Education Department
MBA - Finance
C V R University
Similar Profiles
MOHAMED FAIZAL KHAN SAHABUDEENMOHAMED FAIZAL KHAN SAHABUDEEN
Sales Executive at AL HAQQ MOBILE PHONE TR & COMPUTER LLCSales Executive at AL HAQQ MOBILE PHONE TR & COMPUTER LLC
Chanthaka MadushankaChanthaka Madushanka
Battery software at Alsakb computer device & mobile phone TR LLCBattery software at Alsakb computer device & mobile phone TR LLC
MOHAMMED MOSTAFAMOHAMMED MOSTAFA
Investor at 01.shams Al Marrif Grocery 02 Shams Al Maarif Br 1Investor at 01.shams Al Marrif Grocery 02 Shams Al Maarif Br 1