Nabeel Mumtaz
Accountant
Dubai
Summary
Knowledgeable Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Handles detail-oriented work in methodical and organized fashion. Leverages field expertise, resourcefulness and diligence to make positive impact in achieving business goals.
Overview
5
5
years of professional experience
5
5
years of post-secondary education
Work History
Accountant
Gulf Talent FZ-LLC
10.2021 - Current
- Solely responsible for preparing and presenting monthly Management Accounts tailored for Managing Director, providing crucial financial insights for strategic decision-making.
- Successfully filed quarterly VAT returns within regulatory (Federal Tax Authority - FTA) deadlines, avoiding penalties and maintaining strong record of compliance.
- Led and facilitated yearly external audit process for company's financial statements, ensuring compliance with Accounting standards and regulations.
- Played key role in preparing and successfully submitting Economic Substance Report (ESR) to regulatory authority (Dubai Development Authority - DDA) within specified deadlines, demonstrating commitment to compliance and governance.
- Took lead role in preparation of yearly budget, collaborating with department team leads to ensure accurate and comprehensive financial plans.
- Preparing and presenting quarterly variance reports, summarizing financial performance, highlighting key trends, and addressing potential areas for improvement.
- Lead preparation of monthly cash flow forecasts for Managing Director, utilizing historical data, current financial trends, and relevant business insights to predict cash inflows and outflows accurately.
- Conducting thorough reviews of monthly payroll calculations, deductions, expense reimbursements, and withholdings, ensuring accuracy and adherence to company policies and legal requirements.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
Assistant Accountant
Gulf Talent FZ-LLC
10.2019 - 10.2021
- Managed end-to-end invoicing processes for diverse client base, ensuring accuracy and compliance with company policies.
- Implemented process improvements that resulted in 95% reduction in invoicing errors.
- Implemented proactive approach to payment follow-up, consistently engaging with clients twice week to expedite resolution and minimize outstanding invoices.
- Managed reconciliation of bank and credit card statements, ensuring accuracy and completeness in financial records.
- Collaborated closely with senior accountant to prepare monthly management accounts, gaining exposure to intricacies of financial reporting.
- Collaborated closely with senior accountant to ensure accurate and timely preparation of quarterly VAT report.
- Collaborated closely with external auditors, providing necessary documentation and responding to inquiries to facilitate audit process.
Education
Bachelor of Arts - Accountancy And Finance
Heriot Watt University
Dubai 09.2016 - 09.2019
Higher Secondary School Certification (HSSC) - Engineering (Pre-Engineering)
H.H. Shaikh Rashid Al Maktoum Pakistan School
Dubai, UAE 09.2012 - 08.2014
Skills
- Preparation of Financial Statements in compliance with Accounting Standards
Websites
Accomplishments
Thesis Research Proposal | Research Method - 2018
Topic: The impact of Fintech on the UAE Banking Sector.
- Wrote a thesis paper in final year of undergraduate in the supervision of Finance Head lecturer.
- Critically analyzed the importance, need of advancement, and modernization in the UAE banking sector.
- Conducted secondary research to analyze the positive and negative impacts on banking industry.
Argumentative Essay | Management in Global Context - 2016
Argument: Is Management an Art or Science
- Achieved distinction award and was exempted from final examination for the subject.
Theatrical Performance - 2013
- Best Performance award by Pakistan Association of Dubai.
Personal Information
- Nationality: Pakistan
- UAE Visa Status: Employment visa sponsored by current employer
- Languages: English, Urdu, and Hindi
Timeline
Accountant
Gulf Talent FZ-LLC
10.2021 - Current
Assistant Accountant
Gulf Talent FZ-LLC
10.2019 - 10.2021
Bachelor of Arts - Accountancy And Finance
Heriot Watt University
09.2016 - 09.2019
Higher Secondary School Certification (HSSC) - Engineering (Pre-Engineering)
H.H. Shaikh Rashid Al Maktoum Pakistan School
09.2012 - 08.2014
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