Summary
Overview
Work History
Education
Skills
Languages
Timeline
References
Hobbies
LUQMAN AHMED

LUQMAN AHMED

Accountant
ABUDHABI,United Arab Emirates

Summary

Accomplished financial professional with extensive expertise in VAT return preparation, cost allocation, and sales ledger handling. Demonstrates strong balance sheet competency and proficiency in accounts payable and receivable maintenance. Adept at bookkeeping, financial planning, tax return filing, and account reconciliation processes. Possesses advanced bookkeeping skills, a deep understanding of GAAP, and is an account reconciliation expert. Experienced in general ledger accounting and ERP software, with notable SAP expertise. Committed to leveraging skills to enhance financial operations and drive organizational success.

Overview

16
16
years of professional experience
4
4

Years of professional studies

Work History

Accountant

STS SPECIALIZED TELECOM SERVICES LLC
Abu Dhabi, UNITED ARAB EMARATES
10.2023 - Current
  • Managed financial reporting processes resulting in enhanced transparency.
  • Conducted financial audits for improved internal controls.
  • Streamlined budgeting exercises for efficient financial planning.
  • Enhanced profitability by managing cost control measures.
  • Improved cash flow through meticulous accounts receivable management.
  • Achieved streamlined operations by implementing efficient accounting systems.
  • Optimized financial performance by monitoring key indicators.
  • Reviewed and reconciled ledgers to maintain integrity of financial data.
  • Generated accurate financial reports using advanced software tools.
  • Ensured timely invoice payments with diligent follow-ups.
  • Handled complex account reconciliations; ensured consistency in records.
  • Completed detailed profit and loss analysis; identified improvement areas.
  • Organized and carried out month-end, quarterly and year-end processes.

Senior Accountant

National Contracting Company LTD
AL KHOBAR, SAUDIARABIA
07.2019 - 11.2022
  • Improved financial accuracy by implementing rigorous auditing processes.
  • Conducted comprehensive budget reviews for cost reduction opportunities.
  • Achieved streamlined workflow with thorough process improvement initiatives.
  • Implemented new accounting software to increase efficiency and accuracy.
  • Reduced discrepancies in financial statements through meticulous record keeping.
  • Assisted in tax preparations, avoiding penalties and late fees.
  • Facilitated smooth audits by maintaining organized and accurate records.
  • Adhered to strict accounting standards, promoting financial integrity throughout organization.
  • Led team of junior accountants; ensured high quality work output.
  • Participated in cross-functional teams; contributed valuable financial insights.
  • Collaborated closely with finance team; developed annual fiscal budgets.
  • Trained new hires on company's accounting procedures; fostered knowledge sharing environment.
  • Performed monthly reconciliation of bank statements; eliminated monetary discrepancies.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Organized and carried out month-end, quarterly and year-end processes.
  • Conducted regular reviews and official audits to validate recordkeeping and controls.
  • Analyzed budgets and financial projections for accurate reporting of company performance.
  • Managed complex fiscal transactions, ensuring compliance with regulations.
  • Provided insightful financial advice to senior management for informed decision making.
  • Prepared detailed financial reports to aid strategic planning efforts.
  • Ensured transparency in company finances with regular report generation.

Accountant

National Contracting Company LTD
RIYADH, SAUDIARABIA
11.2013 - 06.2019
  • Managed financial reporting processes resulting in enhanced transparency.
  • Conducted financial audits for improved internal controls.
  • Streamlined budgeting exercises for efficient financial planning.
  • Led tax compliance initiatives to ensure regulatory alignment.
  • Enhanced profitability by managing cost control measures.
  • Achieved streamlined operations by implementing efficient accounting systems.
  • Generated accurate financial reports using advanced software tools.
  • Ensured timely invoice payments with diligent follow-ups.
  • Performed thorough expenditure tracking, preventing overspending.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Advised management on financial details related to business operations, inventory levels and budgets.
  • Conducted regular reviews and official audits to validate recordkeeping and controls.
  • Assisted with developing and ongoing control of costing and pricing systems for business goods.

Finance assistant

Commercialization of Tea Production through Public
Abbottabad, Pakistan
02.2013 - 08.2013
  • Streamlined financial processes by maintaining and updating filing, inventory, mailing and database systems.
  • Improved financial reporting standards for increased accuracy in business decision-making.
  • Calculated client invoices with efficient use of accounting software.
  • Completed monthly bank reconciliations to ensure financial accuracy.
  • Facilitated month-end closing procedures to maintain up-to-date financial records.
  • Supported Finance Manager in preparing year-end accounts, ensuring regulatory compliance.
  • Contributed to team meetings for development of finance strategies and plans.
  • Coordinated with other teams to resolve any discrepancies in invoicing or payments.
  • Maintained company purchase and sales ledgers.
  • Observed strict confidentiality policies to maintain data integrity.
  • For 5 sites analyzed financial information to identify discrepancies.
  • Helped research and resolve financial discrepancies to reduce errors.

Accountant

Gul Jamal & C0.
Abbottabad, Pakistan
06.2012 - 01.2013
  • Managed financial reporting processes resulting in enhanced transparency.
  • Conducted financial audits for improved internal controls.
  • Streamlined budgeting exercises for efficient financial planning.
  • Led tax compliance initiatives to ensure regulatory alignment.
  • Handled complex account reconciliations; ensured consistency in records.
  • Produced accurate tax returns complying with official requirements and serving client needs for minimizing liabilities.
  • Produced timely budget forecasts, aiding in strategic business planning.
  • Liaised with external auditors to ensure smooth annual audit process.
  • Prepared monthly management accounts, enhancing leadership decision making.
  • Collaborated closely with finance team to deliver accurate year-end accounts.
  • Managed cash flow effectively to ensure company's liquidity position remained strong.
  • Resolved complex accounting queries promptly, maintaining high level customer satisfaction.
  • Conducted regular competitor analysis offering valuable market understanding.
  • Oversaw A/P and A/R functions, delegating team takes to meet business demand.
  • Reviewed and processed employee expense reports and vendor invoices for payment.
  • Safeguarded company assets, handling financial data and complex transactions with diligence, discretion and ethical decision-making.
  • Participated in weekly meetings to discuss goals and areas of improvement.
  • Trained new personnel in key departmental functions and protocol.
  • Managed over 50 customers call daily for payment process

Finance Assistant

Commercialization of Tea Production through Public
Abbottabad, Pakistan
06.2009 - 05.2012
  • Streamlined financial processes by maintaining and updating filing, inventory, mailing and database systems for 5 sites.
  • Improved financial reporting standards for increased accuracy in business decision-making.
  • Calculated client invoices with efficient use of accounting software.
  • Completed monthly bank reconciliations to ensure financial accuracy.
  • Processed purchase orders, resulting in improved operational efficiency.
  • Managed petty cash transactions for controlled spending on office supplies.
  • Ensured timely payment to suppliers by processing invoices promptly.
  • Facilitated month-end closing procedures to maintain up-to-date financial records.
  • Supported Finance Manager in preparing year-end accounts, ensuring regulatory compliance.
  • Maintained confidentiality of sensitive financial information as part of ethical work conduct.
  • Contributed to team meetings for development of finance strategies and plans.
  • Performed general administrative tasks, enhancing overall departmental productivity.
  • Handled ad-hoc finance-related tasks efficiently whilst maintaining high accuracy levels.
  • Coordinated with other teams to resolve any discrepancies in invoicing or payments.
  • Prepared and monitored departmental budgets, ensuring effective cost management.
  • Monitored accounts payable and receivable statuses, keeping financial records up-to-date.
  • Prepared bank deposits, checking and correcting any errors.
  • Observed strict confidentiality policies to maintain data integrity.
  • Compiled various reports relating to budgets, expenses and payroll for review.
  • Strengthened internal control procedures with meticulous record-keeping practices.
  • Calculated client invoices with efficient use of accounting software.
  • Organized financial documents for easy access and retrieval during audits.
  • Resolved customer queries regarding billing issues leading to improved customer satisfaction.
  • Allocated bills and accounts in line with department strategy.

Finance Assistant

Sarwar Contractors PVT LTD
Abbottabad, Pakistan
05.2008 - 05.2009
  • Streamlined financial processes by maintaining and updating filing, inventory, mailing and database systems for 5 sites.
  • Improved financial reporting standards for increased accuracy in business decision-making.
  • Completed monthly bank reconciliations to ensure financial accuracy.
  • Assisted with preparation of annual budgets to facilitate strategic planning.
  • Ensured timely payment to suppliers by processing invoices promptly.
  • Supported Finance Manager in preparing year-end accounts, ensuring regulatory compliance.

Education

Bachelor of Business Administration - ACCOUNTING & FINANCE

PRESTON UNIVERSITY, PAKISTAN
04.2004 - 04.2008

High School Diploma - PRE ENGINEERING

PAKISTAN INTERNATIONAL PUBLIC SCHOOL & COLLEGE, PAKISTAN
03.2004

Skills

  • VAT return preparation
  • Cost allocation
  • Sales ledger handling
  • Balance sheet competency
  • Accounts payable expertise
  • Accounts receivable maintenance
  • Financial planner
  • Tax return filing
  • Account reconciliation processes
  • GAAP understanding
  • Account reconciliation expert
  • General ledger accounting
  • ERP (Enterprise Resource Planning) software
  • SAP expertise
  • Audit procedures understanding

Languages

English
Advanced

Timeline

Accountant - STS SPECIALIZED TELECOM SERVICES LLC
10.2023 - Current
Senior Accountant - National Contracting Company LTD
07.2019 - 11.2022
Accountant - National Contracting Company LTD
11.2013 - 06.2019
Finance assistant - Commercialization of Tea Production through Public
02.2013 - 08.2013
Accountant - Gul Jamal & C0.
06.2012 - 01.2013
Finance Assistant - Commercialization of Tea Production through Public
06.2009 - 05.2012
Finance Assistant - Sarwar Contractors PVT LTD
05.2008 - 05.2009
PRESTON UNIVERSITY - Bachelor of Business Administration, ACCOUNTING & FINANCE
04.2004 - 04.2008
PAKISTAN INTERNATIONAL PUBLIC SCHOOL & COLLEGE - High School Diploma, PRE ENGINEERING

References

References available upon request.

Hobbies

Playing Snooker

Playing Cricket

Surfing Internet

Hicking

LUQMAN AHMEDAccountant