Mohammed Waseem Rahim

• Oversaw daily operations of accounts payable department, including invoice and payment processing.
• Trained and motivated accounts payable team, conducting performance reviews and providing guidance.
• Ensured adherence to company policies and procedures by team members.
• Managed workflows for efficient and timely processing of accounts payable tasks.
• Monitored performance reports, recommending corrective actions when necessary.
• Maintained accurate records of all accounts payable transactions and reconciliations.
• Prepared and analysed financial reports related to accounts payable activities.
• Standardised workflows to streamline accounts payable processes.

· Verified and posted supplier invoices in system for accurate financial tracking.

• Settled supplier invoices promptly, adhering to agreed payment terms.
• Conducted supplier reconciliation to align statements with internal records.
• Processed customer refunds after necessary deductions to maintain cash flow.
• Paid utility bills on time to prevent service disconnection.

· Verified and processed petty cash expenses based on branch float availability.

• Created LPOs for vendors, securing approvals and following up on payments.
• Maintained organised filing systems for invoices and documentation, ensuring easy retrieval.
• Executed monthly journal entries using IFRS16 module for precise financial reporting.

· Efficiently processed marine and vehicle insurance requests.

· Conducted spare parts costing alongside vehicle costing for accurate budgeting.

· Executed input VAT reconciliation to ensure compliance with regulations.

· Facilitated RCM and FTA customs reconciliation to support VAT return filing and corporate tax obligations.

• Processed daily invoices, matching them with supporting authorisations and receiving records.
• Ensured correct allocation of diverse expenses for accurate financial reporting.
• Prepared, processed, and recorded payment runs in Microsoft Dynamic Navision.
• Liaised with internal and external contacts to resolve queries promptly.
• Recorded all petty cash vouchers accurately and in a timely manner.
• Raised invoices for external companies as required.
• Prepared monthly accruals for goods and services received but not invoiced.
• Performed monthly bank reconciliations and maintained Fixed Asset Register.

· Assisted in annual audits to ensure compliance and accuracy.

· Processed bank payments for all approved invoices using online banking and swift payment systems.

· Maintained files and documentation meticulously, adhering to company policy and accounting standards.

Verified subsidiary books, cash book, purchase and sales records for accuracy.

Evaluated purchase and sales returns alongside accounts payable and receivable.

Maintained both computerised and manual accounting systems to ensure data integrity.

Collected and analysed data to identify deficiencies, fraud, and regulatory non-compliance.

Inspected account books and accounting systems for efficiency and adherence to accepted procedures.

• Collected bills and verified payments to maintain accurate financial records.
• Managed inventory entries and tracked stock movements efficiently.
• Reviewed invoices against payments, rectifying discrepancies as needed.
• Systematically prepared documentation and assembled financial statements for auditors.
• Monitored emerging trends and technologies relevant to audit functions.
• Received, recorded, and banked all cash, checks, and vouchers accurately.