Hisham Nofal
Dubai,UAE
Summary
Senior Accountant with proven expertise in full-cycle accounting, intercompany reconciliations, and consolidated financial reporting for multi-entity organizations. Proficient in IFRS, GAAP, VAT, and corporate tax compliance, ensuring adherence to UAE and international standards. Experienced in preparing financial statements, managing cash flow, and collaborating with senior leadership to drive strategic decisions. Recognized for delivering accurate reporting and actionable insights that support business objectives and enhance operational efficiency.
Overview
11
11
years of professional experience
4
4
years of post-secondary education
Work history
Senior Accountant
Al Baddad Group
Dubai
12.2024 - 11.2025
- Prepared consolidated financial statements in compliance with IFRS, GAAP, and local regulations, ensuring accuracy and transparency.
- Delivered timely monthly, quarterly, and annual financial reports to senior management and shareholders.
- Managed and reconciled intercompany transactions, bank accounts, and accounts payable/receivable across multiple group entities.
- Ensured compliance with statutory requirements, VAT, corporate tax, and governance standards across all jurisdictions.
- Coordinated with internal and external auditors to facilitate timely completion of statutory and group audits.
- Prepared and monitored cash flow statements for the Group Chairman, and oversaw petty cash operations.
- Issued sales invoices for tenancy in line with VAT regulations and implemented effective receivables collection strategies to optimize cash flow.
- Reconciled intercompany JVs and ICJVs, ensuring accurate and timely financial closings.
- Assisted the Financial Controller in finalizing financial statements and group balance confirmations.
- Supported the Group CFO in preparing and presenting financial reports directly to the Group Chairman.
- Streamlined payroll system resulting in timely and accurate salary payouts.
- Facilitated smooth audits by maintaining organized and accurate records.
- Advised management on financial details related to business operations, inventory levels and budgets.
- Managed financial updates, watch lists and insurance files.
Senior accountant
Jaj Foodstuff Trading LLC
Dubai
02.2022 - 11.2024
- Oversaw full accounting cycle, including AP, AR, and general ledger, ensuring accurate financial records.
- Prepared and analyzed financial statements, supporting management with insights for decision-making.
- Supervised and guided junior accounting staff, maintaining compliance with company policies.
- Assisted in budgeting, forecasting, and financial planning for operational growth.
- Ensured timely VAT filings and adherence to statutory reporting requirements.
- Coordinated with procurement and sales teams to reconcile inventory and cost of goods sold.
- Provided customers with price information and handled financial transactions.
- Facilitated smooth audits by maintaining organized and accurate records.
- Performed monthly reconciliation of bank statements; eliminated monetary discrepancies.
- Generated invoices based on established accounts receivable schedules and terms.
- Prepared detailed models, reports and charts highlighting complex financial information.
- Resolved invoice coding and tracked recurring expenses for accrual entry.
- Consistently met monthly collection goals due to tenacious follow-up techniques.
- Monitored overdue accounts closely leading to quicker resolutions in outstanding payments.
- Negotiated payment plans for improved revenue collection.
- Prepared reports on collections activity contributing towards strategic planning efforts.
General Accountant
Ministry Of Foreign Affairs And International Cooperation - UAE
Panama City
01.2018 - 11.2021
- Entered all financial transactions accurately into the accounting system and ensured proper classification.
- Conducted detailed bank reconciliations and double-checked all entries against bank statements to ensure accuracy and resolve discrepancies.
- Handled all embassy and consulate fees, including visa fees, consular service fees, and other citizen service payments.
- Prepared monthly, quarterly, and annual financial statements in compliance with UAE and international accounting standards.
- Monitored and managed cash flow, embassy budgets, and expenditures.
- Assisted in financial reporting and audit preparation for both the embassy and consulate.
- Processed payroll, WPS salary transfers, and employee benefits for embassy staff.
- Coordinated HR activities, including recruitment, onboarding, leave management, and personnel records maintenance.
- Oversaw administrative functions, including procurement, office supplies, and facility management.
- Supported consulate operations by managing financial transactions and reconciling accounts for consular services.
- Ensured compliance with local regulations and internal financial policies.
- Collaborated with management to implement cost-saving measures and improve financial processes.
Accountant
Jordan Insurance Company
10.2015 - 01.2018
- Managed daily accounting operations including accounts payable, accounts receivable, and general ledger entries.
- Performed bank reconciliations to ensure all transactions were accurately recorded.
- Handled collections of insurance premiums and other receivables, following up with clients for timely payments.
- Prepared and reconciled financial statements, ensuring accuracy and compliance with accounting standards.
- Coordinated with auditors during internal and external audits.
- Maintained accurate records of insurance policies, claims, and payments.
- Supported month-end and year-end closing processes, including accruals and adjustments.
- Handled complex account reconciliations, ensured consistency in records.
- Improved cash flow through meticulous accounts receivable management.
- Assisted in HR payroll processing, including calculating salaries, overtime, deductions, and benefits.
- Processed salary payments through WPS ensuring timely and accurate transfers to employees.
Assistant Accountant
Masa Tours JLT
Dubai
11.2014 - 09.2015
- Assisted in preparing and maintaining financial records, including invoices, receipts, and payments.
- Supported the Accounts Payable and Accounts Receivable processes, ensuring timely processing of client and supplier transactions.
- Reconciled bank statements and petty cash accounts on a monthly basis.
- Prepared and recorded journal entries for daily financial transactions.
- Assisted in the preparation of monthly, quarterly, and annual financial reports.
- Coordinated with tour operators, travel agents, and service providers for financial settlements.
- Maintained accurate records of bookings, cancellations, and refunds for accounting purposes.
- Supported the finance team in budgeting, cost tracking, and expense monitoring.
- Provided administrative support to the accounting team, including filing, documentation, and data entry.
Education
Bachelor's degree - Accounting
Al Zarqa University
Jordan 09.2010 - 06.2014
Skills
- Financial Reporting
- Intercompany Accounting & Reconciliations
- Consolidation of Financial Statement
- Fixed Assets Accounting
- Payroll & Expense Management
- Bank Reconciliation & Loan Management
- Financial Documentation & Recordkeeping
- Leadership & Supervision
- Management accounts production
- Income statement reporting
- Cash flow management
- Tax preparation
- Payroll processing
- Audit coordination
LANGUAGES
Arabic
Native
English
Fluent
Spanish
Advanced
Timeline
Senior Accountant
Al Baddad Group
12.2024 - 11.2025
Senior accountant
Jaj Foodstuff Trading LLC
02.2022 - 11.2024
General Accountant
Ministry Of Foreign Affairs And International Cooperation - UAE
01.2018 - 11.2021
Accountant
Jordan Insurance Company
10.2015 - 01.2018
Assistant Accountant
Masa Tours JLT
11.2014 - 09.2015
Bachelor's degree - Accounting
Al Zarqa University
09.2010 - 06.2014