Summary
Overview
Work history
Education
Skills
Certification
Personal Information
Languages
Timeline
Generic
MUHAMED SHAFEEQ

MUHAMED SHAFEEQ

Finance Manager
Umm Al Quwain,UAE

Summary

Motivated Finance manager with 3 years of experience and enthusiastic General accountant with 10 years of experience , recognized for assessing operational needs and developing solutions to save costs, improve revenues and drive customer satisfaction. Resourceful and well-organised with excellent.

Overview

14
14
years of professional experience
1
1
Certification

Work history

Finance Manager

Kimiya International Soap Factory LLC
Umm Al Quwain
10.2020 - Current
  • Drive the continuous improvement of end-to-end accounting practices
  • Budgeting and forecasting
  • Leading the analysis of monthly and quarterly financial status and presenting findings to the board
  • Managing an end-to-end audit process of current systems – while acting as the first point of contact for external auditors
  • Continually identify risks to Production and delivery, propose solutions where necessary and effectively manage stakeholder expectations throughout
  • Dealing with working capital management and production of cash flow forecasts
  • Leading the team responsible for payroll, VAT filing and accounting department
  • Reporting to management on variances from the established budget, and the reasons for those variances
  • Assisting the management in the formulation of its overall strategic direction
  • Using hedging to mitigate financial risks related to the interest rates on the company's borrowings
  • Ensuring that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Facilitating business processes and operations by ensuring continuity, integration of policies and procedures with the work unit goals and objectives
  • Analyzing actual financial results vs budget and preparing variance reporting to functional groups
  • Monitoring and interpreting cash flows and predicting future trends
  • Researching and reporting on factors influencing business performance
  • Developing financial management mechanisms that minimize financial risk
  • Conducting reviews and evaluations for cost-reduction opportunities
  • Managing financial accounting, monitoring and reporting systems
  • Developing external relationships with appropriate contacts, e.g
  • Auditors, Insurance companies, bankers and statutory organizations such as the Inland Revenue.

General Accountant

Gulf Star Polymers
Jeddah
10.2012 - 09.2020
  • Receiving Sales Order from buyer
  • Get the approved offer copy from sales department and verify the terms and conditions of the sales order are matching with the offer in all respects
  • Make a file if it is a new customer
  • Issue delivery notes as per the schedule mentioned in the sales order
  • Co-ordinate with the operation dept and to get the delivery notes after each delivery and proceed to make the invoice up to date
  • Communicate with buyer and make sure they received the goods and Invoice
  • Follow up with the buyer about the receivables and make sure to receive the payments on time without any delay
  • Issue receipt vouchers on receiving the Cheque/Cash
  • Update all the entries in the Tally 9 viz, delivery note, sales, receipt Cheque/Cash
  • Issue the accounts statement to the buyer monthly, Scrutinize and make sure both accounts are in tally
  • Update receivables by totaling unpaid invoices
  • Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying total; preparing report
  • Protects organization’s value by keeping information confidential
  • Preparation of the sales report and detailed analysis of the sales on monthly basis for management information and decision making
  • Comparison of the actual sales with budgeted sales, detailed report on a monthly basis
  • Preparation of the daily sales & daily collection report
  • Ensuring that the sales are updated in the Tally on regular basis and accuracy of the data
  • Control of the salesman inventory and salesmen receivables
  • Preparing Monthly salary statement for all employees based on their allowances, commission, over time etc.
  • Prepare Payment Voucher and update in tally
  • Submission of Purchase Invoice for Managing Director Approval
  • Collecting statement of account from Suppliers
  • Preparing Monthly Petty Cash Statement
  • Keeping systematic record of Invoices and other correspondences.

Accountant

Zeenath Silks & Sarees
Kerala
07.2010 - 09.2012
  • Preparing Debit Notes
  • Clear the supplier’s payment by cash/ Cheque
  • Get the accounts statement from the buyer monthly; Make sure both accounts are in tally
  • Handling all bank dealings like deposit, RTGS, NEFT
  • Preparing daily cash collection supplier detail and submit to the managing director for approval
  • Preparing Financial Reports & Cash Flow Statements
  • Preparing Staff Salary statement
  • Preparing Cash and Bank Vouchers
  • Preparing Daily Petty Cash Statement
  • Performing miscellaneous work on MS Word and MS Excel as required.

Education

B.Com -

Calicut University

Skills

    Key Skills

  • Margin analysis
  • MI reporting
  • Reconciliation & Financial planning
  • Managing Budget
  • Managing and Oversee Payroll
  • Financial Control
  • Commercial and business awareness
  • Problem-solving skills and initiative
  • Strong attention to detail and an investigative nature
  • The ability to work as part of a team and to build strong working relationships
  • The potential to lead and motivate others

    • Software Skill

  • MS Office
  • Tally ERP9
  • Tally Prime
  • Odoo ERP
  • Zoho Books


Certification

  • Foreign Accountant, 2011, Institute of Professional Accountants (CPA), Kerala, India
  • Tally ERP9, 2011, Institute of Professional Accountants (CPA), Kerala, India
  • Peachtree, 2011, Institute of Professional Accountants (CPA), Kerala, India
  • MS Office, 2011, Institute of Professional Accountants (CPA), Kerala, India

Personal Information

  • Passport Number : J9710154
  • Date of birth : 02/11/90
  • Nationality : Indian
  • UAE Driving License : 75953

Languages

English
Advanced
Arabic
Intermediate
Hindi
Advanced
Malayalam
Native

Timeline

Finance Manager

Kimiya International Soap Factory LLC
10.2020 - Current

General Accountant

Gulf Star Polymers
10.2012 - 09.2020

Accountant

Zeenath Silks & Sarees
07.2010 - 09.2012

B.Com -

Calicut University

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MUHAMED SHAFEEQFinance Manager