MUHAMMAD ASAD SHAHZAD
Abu Dhabi
Summary
Detail-oriented professional with expertise in balance sheet review, fixed asset accounting, and advanced bookkeeping. Demonstrates strong leadership engagement and high ethical standards while ensuring regulatory compliance and accurate tax preparations. Proficient in auditing capabilities and familiar with ERP systems, contributing to efficient financial operations. Committed to leveraging skills in financial management to support organisational growth and integrity.
Overview
12
12
years of professional experience
6025
6025
years of post-secondary education
Work history
FINANCE MANGER
EL BARZA TRADING
ABU DHABI, UNITED ARAB EMIRATES
06.2021 - Current
- Collaborated closely with auditors to ensure smooth audit processes.
- Reviewed and updated internal financial policies, ensuring compliance with regulations.
- Analysed complex financial data, providing meaningful insights for company leadership.
- Implemented new financial systems enhancing data accessibility and reliability.
- Conducted thorough risk assessments to mitigate potential losses.
- Prepared regular cash flow reports assisting in better fund allocation.
- Guided merger and acquisition processes, ensuring seamless transitions.
- Managed a team of junior finance professionals, promoting professional development.
- Negotiated favourable terms with vendors, achieving cost savings.
- Maintained KPI reporting tools for accurate, up-to-date financial data for decision-making.
- Conducted variance analysis to identify discrepancies and implement corrective actions.
- Managed daily finance services for smooth business operations.
- Finalised VAT returns with rigorous transaction checks.
Accountant
EL BARZA TRADING
ABU DHABI, UNITED ARAB EMIRATES
11.2019 - 06.2021
- Led tax compliance initiatives to ensure regulatory alignment.
- Ensured timely invoice payments with diligent follow-ups.
- Handled complex account reconciliations; ensured consistency in records.
- Achieved streamlined operations by implementing efficient accounting systems.
- Improved cash flow through meticulous accounts receivable management.
- Completed detailed profit and loss analysis; identified improvement areas.
Relationship Officer
Commercial Bank of Dubai
09.2018 - 04.2019
- Generating new business to make own portfolio to increase book size of the Bank by visiting clients personally
- Make long and short term investment plans for valuable new and existing customers and guide benefits and advantages in detail
- Opening new Business, Personal and saving bank accounts
- Being in competitive Direct Sales environment wherein sourcing fresh business to the bank thus adding to the overall business opportunity
- Sourcing Potential customers thus also playing a role of Credit Evaluator identifying profitable business to the bank
- Follow up and Disbursal report for Self Evaluation and Tracking
- Maximized customer satisfaction with quality service
- Have more than two years of outdoor sales and service experience
Accountant
Al Sarab General Maintenance
Abu Dhabi
10.2016 - 06.2018
- Company Overview: Abu Dhabi, UAE
- Preparing monthly, quarterly and annual financial statements including Balance Sheet, Profit and loss Account, Cash Flow Statement, Statement of Other Comprehensive Income
- Handling all VAT related queries including VAT return submission, errors and reimbursement
- Take care of all company insurance related issues
- Also handling all employees visa and other legal issues including court and company cases
- Carrying out monthly reconciliations of accounts receivables, accounts payable, general ledger and sub-ledger as well as monthly Bank reconciliation statements
- Maintaining and verifying the payroll of all the employees including adjustment of allowances, leaves, advances against salaries etc
- And timely processing of the payroll and final settlement of the employees
- Analyzing revenues, commissions and expenses to ensure they are recorded in appropriate period on a monthly basis
- Abu Dhabi, UAE
Relationship Officer
Dunia Finance LLC
Abu Dhabi
04.2015 - 08.2016
- Company Overview: Abu Dhabi
- Dealing in the Personal Loan, Auto Loan, Corporate Deposit, WPS, Business Loan, And Labor Guarantees
- Establish and achieve sales targets and promote various banking services to customers
- Develop and maintain effective relationship with business contacts and industries
- Analyze potential customer for loan and determine appropriate candidate
- Coordinate with various banking employees and develop relationship with new and present clients
- Determine marketing programs for essential segments
- Receiving bank statement from customers' banks and completing their file
- Abu Dhabi
Audit and Tax
A.F.FERGUSON & Co (A member firm of PWC)
11.2012 - 12.2014
- Company Overview: A Big 4 Accounting Firm
- Verification of bank receipts & payments voucher with the help of bank statements and supporting documents
- Audit of sales invoices & sales vouchers
- Verification of Daily Sales Reports with supporting documents
- Bank reconciliation
- Checking of other benefits allowed to customers/ dealers e.g
- Discounts & commission allowed to dealers
- Physical verification of company projects, assets and investigate given details
- Filling of income tax returns of companies and expatriate employees
- Replying of Notices issued by Tax Authorities
- E-filing of Withholding tax statements monthly/ annual E-filing of income tax/sales tax and advance tax returns of companies
- General correspondence with clients and tax authorities
- Preparation of application for exemption certificate for deduction of tax required by clients under different sections and follow-ups with tax authorities
- Corporate filing with Securities and Exchange Commission of Pakistan
- A Big 4 Accounting Firm
Education
MBA - Finance
Preston University
B.COM - COMMERECE
Punjab University
FSC - DAE IN IT
Lahore Board of Technical Education
PAKISTANMatric - undefined
Federal Board of Intermediate and Science Education
Skills
- Leadership engagement
- High ethical standards
- Balance sheet review
- Auditing capabilities
- Fixed asset accounting
- Familiarity with erp systems
- Regulatory compliance knowledge
- Tax preparations understanding
- Advanced bookkeeping
Languages
English
Arabic
Urdu
Hindi
Punjabi
Custom
- Reading books
- Playing Table tennis
- Hiking
- Swimming
Personal Information
- Passport Number: NA514039
- Date of birth: 01/01/84
- Nationality: Pakistani
- Marital status: Married
Affiliations
- TRAVELING, SWIMING
Timeline
FINANCE MANGER
EL BARZA TRADING
06.2021 - Current
Accountant
EL BARZA TRADING
11.2019 - 06.2021
Relationship Officer
Commercial Bank of Dubai
09.2018 - 04.2019
Accountant
Al Sarab General Maintenance
10.2016 - 06.2018
Relationship Officer
Dunia Finance LLC
04.2015 - 08.2016
Audit and Tax
A.F.FERGUSON & Co (A member firm of PWC)
11.2012 - 12.2014
Matric - undefined
Federal Board of Intermediate and Science Education
MBA - Finance
Preston University
B.COM - COMMERECE
Punjab University
FSC - DAE IN IT
Lahore Board of Technical Education
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