ERP EPMS
Hi, I’m
Muhammad Tahir Javed
Accounting & Finance Manager
Warsan -4,Dubai
Summary
ACCOUNTING & FINANCE PROFESSIONAL To leverage this expertise with 16 years of experience in financial analysis, reporting, and control to contribute to the success of an organization. Aim to utilize strong analytical skills, strategic mindset, and attention to detail to drive financial performance, optimize processes, and ensure accurate and timely reporting. With a track record of delivering insightful financial analysis and implementing effective financial strategies, core objective is to support decision-making, promote financial stability, and contribute to the growth and profitability of the organization. Committed to continuous learning, staying updated with industry trends and regulations, and applying gained knowledge to drive sustainable financial success.
Overview
17
years of professional experience
2
Languages
Work History
Invest Group OverseasDubai
Chief Accountant
10.2021 - Current
Job overview
- Develop and execute financial strategies tailored to real estate projects, collaborating with senior management including forecasting and feasibility's.
- Strong checking of accounts receivables, making policies for project receivables to ensure timely collections to streamline the forecasted cashflow.
- Coordinating with RERA reporting for inspections and project completion reports.
- Chalking and verification of customer documents to register at dubai land department and checking its initial contracts and coordinating them with customer and brokers.
- Checking of the commission of sales for icehouse sales team and external brokers, making mechanism on CRM to control lead and sales EOI.
- Lead annual budgeting and forecasting efforts, optimizing cash flow and working capital consolidation of all projects.
- Conduct comprehensive financial analyses, assessing project feasibility, ROI, capital investment and NPV for projects.
- Secure project financing through negotiations with financial institutions and investors along customers upon handover of the project.
- Implement cost control measures, monitor expenditures, and ensure budget compliance.
- Prepare and present transparent financial reports to stakeholders on monthly based along consolidation and project wise.
- Ensure tax compliance specific to real estate transactions and optimize tax strategies for VAT & corporate tax and woking to manage for returns.
- Supervise financial team, providing guidance for multiple information's.
- Oversee cost allocation for multi-project real estate portfolios.
- Coordinate internal and external audits, addressing findings and enhancing financial processes.
- Being as project head of implementation of accounting software (ERP) EPMS (Including HRMS, Developer Property sale,CRM & Financial) responsible to make systems for streamlined operations and reporting for the management on timely basis.
- Supervising of power BI for CEO reporting from all modules of ERP.
AWS DISTRIBUTION LLC, BIN SHABIB GROUPDubai
FINANCIAL & ACCOUNTING MANAGER
08.2019 - 07.2021
Job overview
- As an Accounting and Finance Manager, I was responsible for overseeing the implementation of FACTS ERP in AWS Distribution, Pharmacies & Restaurants
- This included making and confirming the COA, sale & purchase, payment & receipts, income & expenses, cost centers, HR payroll, LC process & reporting for management in the software
- Also acting as a Cost Controller, I was responsible for analyzing costs, identifying cost-saving opportunities, monitoring budget performance, implementing cost control measures, overseeing inventory valuation, collaborating with cross-functional teams, and ensuring compliance with cost policies and procedures
- I also dealt with special trade credit insurance, prepared feasibility and forecasting of the company to break even, and set 3-year sales projections by confirming with the GM & Head of Sales to set profit targets for the companies
- Additionally, I approved sales tax invoices and returns, checked the logistic department for inventory and deliveries, supervised cash collection & customer aging report, and worked closely with the Head of Sales for monthly sales & collection targets
- Product costing & price implication with profitability was another key responsibility, as well as implementation of VAT for group and subsidiary companies and supervising transactions and reconciliations
- I collaborated with Finance associates across Group companies to collect and review tax (VAT & other taxes as applicable) workings along with supporting documents and calculate the right amount of tax payable to ensure on-time and accurate tax filing and payments
- I was responsible for checking upon monthly closing of accounts, monthly financial reporting for group and subsidiaries to management, e-commerce working (all current platforms & own websites) sale analysis & reconciliations, and closely working with GM and HOS for setting sales targets, checking the profits after rebates, listing fees & operating expenses, and analyzing monthly reports for the chairman
- Contacted customers to immediately find resolutions for escalated issues.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Overall, my role as an Accounting and Finance Manager involved overseeing all financial operations and ensuring accurate and timely reporting to the management team.
ABBASI GROUP LLCDUBAI
ACCOUNTING & FINANCE MANAGER
11.2012 - 08.2019
Job overview
- My responsibilities included analyzing and reporting on financial and accounting activities across multiple divisions, such as Real Estate, Food & Beverage, Retail, and Trading
- I was also responsible for project accounting and reporting in the construction field, monitoring, developing and implementing accounting policies and procedures, and preparing monthly and yearly financial statements and reports
- Preparation of feasibility studies for new branches and ventures, managed working capital, and dealt with banks regarding financing, loan buyouts, LCs, invoices, and other bank facilities
- Preparation of yearly budgets, performed variance analysis against actual revenue and expenditures, and conducted statistical and quantitative analysis of current and future projects to identify alternative opportunities and reduce costs
- Implementation of ERP in the Abbasi Group for all companies, ensured effective control over imports, receivables, payables functions of the business, management of internal controls, automation of reporting.
- Dealing with insurance policies of the group by negotiating with premium along terms & conditions specific with imports and medical.
- Moreover, I was responsible for VAT workings and return filing for group and subsidiaries companies, which required collaborating with finance associates across the group companies to collect and review tax workings, along with supporting documents to calculate the right amount of tax payable to ensure on-time and accurate tax filing and payments
- Managed journal entries, collection efforts, reconciliations, and payroll processing by the accounting team.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Monitored budget allocation and expenditures to enforce compliance with company policies.
- Educated accounting team on forecasting, financial statuses and financial strategies to assist in annual budget creation.
- Conducted internal audits to verify accuracy and compliance with applicable standards.
- Overall, my role involved managing the financial and accounting aspects of the company, ensuring compliance with regulations, and identifying opportunities for growth and cost reduction.
WALI OIL MILLS LTD PAKISTANLahore
ASSISTANT FINANCE MANAGER
09.2009 - 06.2012
Job overview
- As an Assistant Finance Manager, My role, involved overseeing various financial and accounting activities
- I was responsible for coordinating with banks for financing facilities and recording transactions in the company accounts
- Import work, product costing calculation and release of L/C documents were also part of my duties
- I dealt with the preparation, renewals, and claims of insurance policies related to fixed and current assets
- Reconciliation of the debtors, creditors, banks, and financing accounts with stocks and item costing was another important task
- I supervised all daily bank and cash payments and receipts of the creditors and debtors after verifying the tax working
- I was also recorded and corresponded with sales tax invoices and maintained them for monthly sales tax return
- Closing of accounts on a monthly basis, including LCs, depreciation, sub-office expenses, reconciliation of sister concern companies, and valuation and verification of closing stock were also within my purview
- Overall, my responsibilities included ensuring accurate financial reporting and compliance with accounting policies and procedures.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Reviewed documentation and identified financial discrepancies where applicable.
EY AUDIT FIRM PAKISTANLahore
AUDIT SENIOR
01.2007 - 08.2009
Job overview
- As an Audit Senior, My main responsibility was to assist in compiling and presenting detailed monthly and quarterly reports for senior management
- I also acted as the focal point in preparing year-end Financial
- Statements
- This involved maintaining documents and files regarding imports, such as letter of credits and insurance with respect to parties
- I was also responsible for preparing profit and loss accounts and bank reconciliation statements
- I developed audit programs and ensured that audit working papers were prepared in accordance with International
- Auditing Standards
- I also participated in audit planning and risk assessment
- As a key member of the internal audit team for the National Group of Companies, I monitored and inspected the effectiveness of the control system implemented within the organization
- I provided recommendations to redesign the control system in order to enhance its effectiveness
- My work as an Audit Senior involved ensuring compliance with auditing standards and best practices, and providing recommendations for improvement in order to promote financial stability and growth.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
Education
BZU MultanSahiwal Pakistan
B.Com
Virtual University PakistanLahore Pakistan
Master of Business Administration from Finance
Institute of Accountancy Dubai United Kingdom
Associate Certified Charted Accountant from Accountancy & Finance
Skills
Financial & ReportingFinancial Modeling & Feasibility
Financial Budgeting & & Forecasting
Process Design & ControlsReceivables Aging Analysis and reportingInventory Management & Product costingWorking capital managementCost Centre ControllingReconciliationsVAT Working & ReturnPayroll PreparationMonthly & Annual closing Process for reporting
Coordination in annual Audit FinalizationNegotiation Skills and Strong CommunicationsSAP expertise FICO certified
Software
ERP Facts
ERP Focus
ERP MS Dynamics
Additional Information
- Visa Status – Employment
- Holding UAE Driving License
- LinkedIn: https://www.linkedin.com/in/muhamma-tahir-javed-, 8ba65a71/
Timeline
Chief Accountant
Invest Group Overseas
10.2021 - Current
FINANCIAL & ACCOUNTING MANAGER
AWS DISTRIBUTION LLC, BIN SHABIB GROUP
08.2019 - 07.2021
ACCOUNTING & FINANCE MANAGER
ABBASI GROUP LLC
11.2012 - 08.2019
ASSISTANT FINANCE MANAGER
WALI OIL MILLS LTD PAKISTAN
09.2009 - 06.2012
AUDIT SENIOR
EY AUDIT FIRM PAKISTAN
01.2007 - 08.2009
BZU Multan
B.Com
Virtual University Pakistan
Master of Business Administration from Finance
Institute of Accountancy
Associate Certified Charted Accountant from Accountancy & Finance