Summary
Overview
Work history
Education
Skills
Languages
Personal Information
Timeline
Generic
MUHAMMED ASHARAF

MUHAMMED ASHARAF

Dubai,United Arab Emirates

Summary

Passionate and energetic finance professional with more than Nine (9) years of diversified experience in multicultural working environment, combining broad exposure in all aspects of Finance and Accounts and Proficient in providing cost-effective and accurate accounting oversight Real estate Development, Construction, Real estate, Trading and Management Consulting Industries.

Overview

10
10
years of professional experience
5
5
years of post-secondary education

Work history

Chief Accountant

Versatile International
Dubai, UAE
10.2023 - 06.2025

International Real Estate Property Developer

  • Led the full spectrum of financial operations across multi-jurisdictional real estate projects in UAE, Saudi Arabia, and Australia.
  • Prepared and consolidated multi-currency financial reports (AED, SAR, AUD) in compliance with IFRS and GAAP.
  • Oversaw the preparation of monthly, quarterly, and year-end financial statements and MIS reports.
  • Managed accounts payable, receivable, payroll, and intercompany transactions, ensuring accurate and timely processing.
  • Executed month-end and year-end closings, supporting both internal and external audit processes.
  • Performed comprehensive balance sheet reconciliations and maintained the fixed asset register for all regions.
  • Monitored and processed accruals, prepayments, and deferred revenue, aligning with project timelines and accounting standards.
  • Ensured tax compliance and prepared VAT and tax returns in line with UAE FTA, KSA ZATCA, and Australian ATO regulations.
  • Collaborated with Treasury, Project, and Legal teams to align financial strategies with business objectives.
  • Escrow and Trust Account Management.
  • cash flow forecasting, budgeting, and financial planning to support project viability and growth.
  • Project Variance analysis

Senior Accountant

Prescott Real Estate Development LLC
Dubai, UAE
09.2022 - 10.2023

Real Estate Developer

  • Preparation and Analysis of Monthly Financial Reports
  • Preparation and reconciliation of Budgets and Reserve Accounts
  • Manage clients installment payments, upload to TAS system, record inflow in TAS
  • Payment initiation in TAS system like contractor Payments
  • Record opening and closing journal entries.
  • Project Escrow Bank Accounts Management and Reconciliations.
  • Community Management or Owners Association Management through Mollak portal.
  • Community management budget preparations.
  • Coordinate with Land department approved auditors.
  • Coordinates the preparation and completes a detailed review of the company's monthly financial statements
  • Ensures that all eliminating entries have been recorded correctly on a monthly basis
  • Leads and coordinates property level and corporate budget and forecasting activities
  • Prepares financial statements and associated work papers for externally audited entities.

Senior Accountant

BAF Projects Management Consultancy Fze
Dubai, UAE
10.2015 - 05.2022

Construction and Contracting

  • Company Overview: Company Provide Finance and Accounts Management consulting service to its sister companies; 1. Island land Construction LLC. Dubai, UAE 2. Tilal Al Wadi Bldg Contracting LLC. Sharjah, UAE 3. Stem International Fze
  • Documented and tracked all expenses on QuickBooks for budgetary purposes.
  • BOQ based budgeting and project monitoring
  • Performed general ledger account reconciliations, generated financial statements.
  • Determined tax owed, completed and filed returns whilst ensuring compliance with applicable laws.
  • Developed and mentored 4 junior accountants, providing best practice accounting advice.
  • Directed month and year-end close duties and accurately administered additions.
  • Generated quarterly Profit and Loss (P&L) statements to accurately detail company revenues and expenses.
  • Maintaining fixed asset schedule, Depreciation schedule and prepaid expenses schedule for final audit.
  • Employees Payroll management
  • Site petty cash handling
  • Company Provide Finance and Accounts Management consulting service to its sister companies; 1. Island land Construction LLC. Dubai, UAE 2. Tilal Al Wadi Bldg Contracting LLC. Sharjah, UAE 3. Stem International Fze

Education

Master of Business Administration (MBA) - Finance

University of Calicut
07.2013 - 06.2015

Bachelor of Commerce (B.com) - undefined

Mahatma Ghandi University
05.2009 - 04.2012

ACCA - Pursuing

Skills


Real Estate Development Skills

  • Escrow Account Management
  • TAS Inflow & Outflow
  • AP & AR Management
  • Oracle
  • DLD compliance
  • End to end financial operations
  • Offplan Property Accounting
  • Financial Forecasting and Budgeting
  • Financial Reporting- MIS Reports
  • VAT Return/Refund
  • Corporate Tax
  • Payroll and WPS Salary payments
  • Monthly & yearly Closing


Construction & Contracting Skills

  • BOQ Based Budgeting
  • Subcontractors & Client Payment certificate
  • Accounts Finalization
  • Monthly & yearly Closing
  • Knowledge of International Financial Reporting Standards (IFRS) and IAS
  • General Ledger
  • Bank reconciliations
  • VAT Return
  • Financial statement analysis
  • BOQ Based Project Monitoring
  • Work progress reports
  • Variance Analysis
  • Tally, QuickBooks
  • Oracle Primavera P6
  • Zoho
  • EPMS
  • ADDA
  • MYOB
  • XERO

Languages

English
Hindi
Malayalam
Arabic (Working knowledge)

Personal Information

  • Age: 31
  • Date of birth: 04/22/92
  • Gender: Male
  • Nationality: Indian
  • Marital status: Married
  • Religion: Islam

Timeline

Chief Accountant

Versatile International
10.2023 - 06.2025

Senior Accountant

Prescott Real Estate Development LLC
09.2022 - 10.2023

Senior Accountant

BAF Projects Management Consultancy Fze
10.2015 - 05.2022

Master of Business Administration (MBA) - Finance

University of Calicut
07.2013 - 06.2015

Bachelor of Commerce (B.com) - undefined

Mahatma Ghandi University
05.2009 - 04.2012

ACCA - Pursuing

MUHAMMED ASHARAF