MUHAMMAD AWAIS KHAN
Dubai,UAE
Summary
Accomplished accounting and finance professional with extensive expertise in accounting management, project costing, and corporate tax. Proven track record in budgeting and forecasting, preparation of financial statements, and ERP implementation. Adept at IFRS implementation, VAT returns, and business process improvement. Skilled in team building, management, and training. Proficient in GAAP, external audit coordination, Office 365, MS Dynamics D 365, QuickBooks, Xero, Tally ERP and Oracle Net Suite. Committed to leveraging skills to drive financial efficiency and support organizational growth.
Overview
14
14
years of professional experience
Work history
Group Chief Accountant
Mohammed Hilal Group UAE
Sharjah, UAE
06.2024 - Current
- Conducted cost analysis (materials, labor, overhead) to identify variances and recommend solutions
- Monitored expenditures, identified overruns, and aligned spending with approved budgets
- Ensure accurate cost recognition and timely recognition of revenue and expenses.
- Responsible for coordination with warehouses and shops for inventory status and maintenance of sufficient stock.
- Managed budgets for individual entities and monitored the results vs actual.
- Responsible for online sales accounting and reconciliation
- Business process transformation and improvement, Oversee financial reporting for manufacturing entities, including perfume trading, furniture, and interior projects, ensuring compliance with accounting standards
- Lead ERP system improvements and customization in (D365), focusing on the manufacturing and project accounting and trading and other platform integrations to enhance operational efficiency.
- Manage accounting for large-scale construction and interior design projects, and E commerce entities.
- Collaborate with HR on payroll processing and manage the preparation of external audit documentation, serving as the key point of contact for auditors
- Report directly to the CFO, providing strategic financial insights and supporting executive decision-making with financial data and forecasts.
Accounting Manager
OPONTIA GENERAL TRADING LLC (E-commerce)
Dubai
04.2022 - 05.2024
- Managed an accounting team of four,overseeing daily operations and training new team members
- Led e-commerce channels reconciliations with sales and balances receivables after reconciling with payment gateways( tabby, tamara,Salla)
- Implemented e-commerce tailored accounting policies and procedures to enhance operations
- Led month-end and year-end closings, including financial and management report preparation, consolidated statements, and compliance with ESR and transfer pricing regulations
- Maintained general ledger accounts, performed bank reconciliations, and managed fixed assets and prepayments
- Ensured IFRS compliance, particularly with IFRS 16 (Leases), and reconciled revenue and receivables with sales data from e commerce channels.
- Processed client bills, staff reimbursements, and managed accounts payable/receivable aging reports
- Coordinated with suppliers, and related parties for month-end/year-end balance reconciliations
- Prepared quarterly VAT returns (GCC) with complete documentation
- Managed monthly payroll processing, including bonuses,commissions, deductions, and statutory gratuity calculations
- Assisted with Oracle NetSuite ERP implementation, ensuring seamless integration with e-commerce platforms
- Provided audit support, furnishing necessary documentation and information for year-end financial audits
Manager Outsourced Finance
UC, CS Global
, Pakistan
05.2014 - 02.2022
- Monitored day-to-day affairs for diverse clients, managing accounting and tax teams, and ensuring accurate financial reporting for multiple entities.
- Ensure accurate project cost allocation and timely recognition of revenue and expenses.
- Collaborate with project managers to track financial progress and highlight cost overruns.
- Implement financial controls to manage cash flow for ongoing construction projects.
- Oversaw corporate tax compliance, including timely Sales Tax (VAT) submissions to federal and provincial authorities. Provided advice on international tax and regulatory issues, supporting client decision-making.
- Designed and implemented internal control systems, reducing financial and tax risks.
- Managed budgeting, aligning financial goals with organizational objectives, and handled payable/receivable management to optimize cash flow.
- Facilitated banking activities, including loans and payments, and assisted clients in procuring insurance services.
- Led client relationships, including project acquisition and collaboration with external auditors.
- Navigated tax audits and ensured resolution of issues with tax authorities.
- Managed the implementation of accounting software and ERP systems, providing technical support and user training.
Assistant Finance Manager
Gourmet Food Group
Lahore, Pakistan
01.2013 - 03.2014
- Supervised IT team during ERP implementation, ensuring system accuracy and sufficiency
- Provided user training, addressed post-implementation issues, and recommended reports for production monitoring
- Analyzed organizational systems for duplication or omissions, improving efficiency
- Supervised accounting operations for restaurant, beverage, and construction units, directly reporting to the CFO
- Managed budgeting, monthly bank reconciliations, and reconciliations of creditors, receivables, and inter-unit receivables
- Suggested accounting policies and controls for different revenue centers, ensuring financial accuracy
- Prepared financial statements and managed payment processing within budget constraints
- Managed budgeting, aligning financial goals with organizational objectives, and handled payable/receivable management to optimize cash flow
- Facilitated banking activities, including loans and payments, and assisted clients in procuring insurance services
- Led client relationships, including project acquisition and collaboration with external auditors
- Navigated tax audits and ensured resolution of issues with tax authorities
- Managed the implementation of accounting software and ERP systems, providing technical support and user training.
Senior Audit Associate
Parker Randall AJS
, Pakistan
01.2011 - 12.2012
- Conduct of statutory audits and system audits
- Conduct of internal audits and designing the system of internal controls
- Assessment of the financial statements in order to ensure their compliance with therequirements of the local laws, regulation and International financial reporting framework(IFRS)
- Holding meetings with client personnel to resolve issues and removal of the expectation gap
- Part of team for quality control review
- Risk assessment,test of controls and analytical review
Education
ACCA
Association of Chartered Certified Accountants
Bachelor of Commerce - Accounting, Finance
Punjab University Lahore
Skills
- PROFESSIONAL SKILLS:
- Accounting management
- Project Costing
- Project Accounting
- Budgeting & forecasting
- Corporate Tax
- Team building,management and training
- Preparation of financial statements
- ERP implementation
- IFRS implementation
- VAT returns
- Business process improvement
- GAAP
- External audit coordination
- Office 365
- MS Dynamics D 365
- Quick book, Xero, Tally ERP
- Oracle Net Suite, Ufida NC
Additional Information
- E commerce/Retail/Distribution
- Construction/Project/Fit-outs/Engineering companies
- IT companies
- Consulting and Accounting firms
- Startup Setups
- Food and Beverages/Hospitality
- Manufacturing
- Real Estate
Languages
English
Urdu
Timeline
Group Chief Accountant
Mohammed Hilal Group UAE
06.2024 - Current
Accounting Manager
OPONTIA GENERAL TRADING LLC (E-commerce)
04.2022 - 05.2024
Manager Outsourced Finance
UC, CS Global
05.2014 - 02.2022
Assistant Finance Manager
Gourmet Food Group
01.2013 - 03.2014
Senior Audit Associate
Parker Randall AJS
01.2011 - 12.2012
ACCA
Association of Chartered Certified Accountants
Bachelor of Commerce - Accounting, Finance
Punjab University Lahore
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