Summary
Overview
Work History
Education
Skills
Personal Information
Software
Timeline
CustomerServiceRepresentative
Muhammad Shaban Afzal

Muhammad Shaban Afzal

Senior Accountant
Sharjah

Summary

A professional Accountant holding overall 11 years intensive work experience from which 8 years in UAE in the field of finance, accounting, reconciliation, budgeting, forecasting, costing, variance analysis, cash flow management, VAT Return, inventory management, analytical reporting, client relations enables me to consistently delivered significant contributions in streamlining financial operations, strategy formulation, systems integration, providing suggestions on increasing internal controls and offering bottom-line oriented solutions that brought financial productivity and business optimization. Well organized, quick learner and dedicated team player with excellent communication, analytical, problem solving and time management skills.

Detail-oriented Senior Accountant focused on improving company financial operations and streamlining processes using effective leadership, planning and decision-making abilities. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.

Overview

3
3
years of professional experience
4
4
Languages

Work History

Senior Accountant

Orient House Gen Trading LLC (UAE)
3 2016 - 4 2024
  • Managing accounting, financial & administrative system
  • Managing e-filling as well as complete VAT procedure and system of the company
  • Ensure Accounts are maintained on basis of International Financial Reporting Standards (IFRSʼs)
  • Comprehensive management of daily financial management of the enterprise
  • Bank Reconciliation of all bank accounts
  • Managing payments on companyʼs bank portal
  • Supervising Accounts Receivable & Payable Management
  • Maintains customer confidence and protects operations by keeping financial information confidential
  • Cash Management, Managing Stock, establishing EOQ
  • Developing Inventory control procedures & ensure its implementation
  • Collect cost information and maintain an expenses database
  • Determine fixed costs (e.g., salaries, rent and insurance)
  • Plan and record variable costs (e.g., purchases of raw material and operations costs)
  • Conducting reviews and evaluations for cost-reduction opportunities
  • Developing external relationships with appropriate contacts
  • Through knowledge of preparing various financial statements and knowledge of bookkeeping, Ledger Reconciliation, invoice generation and management
  • Preparing Cost of Goods Sold statements and Determining the Product Profitability
  • Examine Invoices, detect errors and irregularities
  • Reviewing and analysis all customer orders, work orders and purchase orders
  • Key player in month-end closing and internal reporting to the management
  • Preparing plans for procurement and ensure the availability of funds to meet the plans
  • Fixed Asset Management, Maintain Fixed Asset Register & Import Register
  • Letter of Credit (LC), Import & Export of documents preparation
  • Monthly Payroll in compliance with Wages Protection System (gratuity calculation, leave calculation)
  • Contracts management with respect to service providers including maintenance & Logistic contracts
  • Member of the strategy team of the company to set future directions
  • Maintained extremely well-organized records and handled all HR matters with confidentiality and the application of company standards
  • Daily operations and supply chain management
  • Project management (Like Atlantis the Palm Project it was under my supervision).
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
  • Expedited payroll and invoicing by streamlining billing systems.
  • Assisted in upgrade and conversion of in-house financial systems.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Trained new employees on accounting principles and company procedures.
  • Oversaw accounting team in servicing diverse clients.

Assistant Manager Accounts

General Electromax Company (GENCO)
09.2013 - 12.2015
  • Leading Oracle based ERP implementation project of the company
  • Prepare monthly Financial Reporting Pack by extracting data from ERP (Oracle), reconciling and ensuring all the month-end tasks are completed
  • Giving training to my Team regarding system and process
  • Timely reporting of financial summaries to key management on monthly and quarterly basis
  • Annually Stock Taking
  • Analyzing monthly business results, comparison of actual results with budgets and identifying the reasons variances
  • Proper evaluation of internal controls and business processes, identifying control deficiencies providing appropriate recommendations to management and devising key internal controls aiming to improve business efficiency
  • Preparing Cost of Goods Sold statements and determining the Product Profitability
  • Taking proper feedback regarding cost optimization in relevant departments for budget preparation
  • Ensure effective cash flow management in alignment to the organizational guidelines and suggest corrective actions in case of process deviations
  • Coordination with external and internal auditors in the planning and finalization phase of audit
  • Examine Invoices, detect errors and irregularities
  • Preparing plans for procurement and ensure the availability of funds to meet the plans
  • Fixed Asset Management, Maintain Fixed Asset Register& also Import Register.

Accounts Officer

A.R. & Co
07.2012 - 06.2013
  • Assisted the Auditors in auditing of Accounts (External/Internal)
  • Inventory controls, Accounts receivables and Accounts Payables
  • Implementation Quick books & Peachtree Software in different Organizations
  • Reconciliation of Receivables, Payables and Banks
  • To ensure recording of all transactions in proper heads and ensure their filing
  • Preparation of Vendor Analysis Report
  • Preparation of final Accounts
  • Reporting to Manager Accounts.

Education

Affiliate Financial Accountant Certificate -

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)

Masterʼs in commerce (M.Sc. Accounting & Finance) - undefined

The Islamia University of Bahawalpur (Pakistan)

Bachelorʼs in commerce (B. Com) - undefined

The Islamia University of Bahawalpur (Pakistan)

Managerial level Cost & Management Accountant (CMA) - undefined

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)

Skills

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Personal Information

  • Profession: PROFESSIONAL ACCOUNTANT
  • Available: Immediately
  • Age: 35
  • Driving License: Automatic Light Vehicle
  • Marital Status: Married
  • Visa Status: Cancelled Visa

Software

Quickbooks

ERP Orcal

SAP

Telly ERP

MS Office

Timeline

Assistant Manager Accounts

General Electromax Company (GENCO)
09.2013 - 12.2015

Accounts Officer

A.R. & Co
07.2012 - 06.2013

Senior Accountant

Orient House Gen Trading LLC (UAE)
3 2016 - 4 2024

Affiliate Financial Accountant Certificate -

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)

Masterʼs in commerce (M.Sc. Accounting & Finance) - undefined

The Islamia University of Bahawalpur (Pakistan)

Bachelorʼs in commerce (B. Com) - undefined

The Islamia University of Bahawalpur (Pakistan)

Managerial level Cost & Management Accountant (CMA) - undefined

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)
Muhammad Shaban AfzalSenior Accountant