NIHAL AHMAD USMAN BOAT
Dubai,UAE
Summary
Experienced professional with expertise in precious metals trading, specialising in spot rate calculation and pricing of gold and silver. Proficient in Wingold Next and Microsoft Office Suite, with a strong understanding of AML/KYC regulations and regulatory compliance. Demonstrates exceptional negotiation skills, customer service excellence, and time management capabilities. Committed to leveraging technical proficiency and industry knowledge to drive operational efficiency and support organizational goals.
Overview
9
9
years of professional experience
6
6
years of post-secondary education
1
1
Certification
Work history
Accountant
VILLE DOR GOLD TRADING L.L.C
Dubai, U.A.E
10.2021 - 06.2025
- Maintain accurate records of gold purchases, sales transactions, and customer account balances
- Manage day-to-day accounting functions including accounts payable/receivable, journal entries, and bank reconciliations
- Preparing schedule of fixed assets, prepaid expenses, accrued expenses & other schedules
- Oversee import/export documents: Including invoice, Custom paper, Declaration, Invoice attestation, Export Declaration, etc.
- Communicate with suppliers to ensure timely dispatch of gold and Coordinate with local buyers in Dubai for order confirmation and deliveries
- Promote and sell physical gold bars based on Dubai market pricing and daily spot rates
- Maintain tracking sheets for each consignment: purity %, wastage, net gold
- Calculate supplier settlements and commissions (if applicable)
- Support inspection of gold for purity and weight and Monitor for any losses in melting/refining and update to management
- Negotiate pricing and payment terms with clients while ensuring profitability
- Coordinate with operations and trading team to align supply and demand
- Evaluate financial documents for accuracy and compliance with federal regulations
- Checking sales & margin reports by products, customer etc.
- Preparation of Cash flow and monthly reconciliation of bank and intercompany current accounts
- Handle VAT input/output entries related to import and domestic sales and Coordinate with auditors for quarterly/monthly tax filing
- Prepared and maintained records of taxable income, deductible expenses, and financial statements to ensure corporate tax readiness.
- Supported corporate tax registration and filing procedures via FTA (Federal Tax Authority) portal.
- Supervision of monthly physical stock count & reconciliation of stock variance
- Follow up with clients to ensure satisfaction and repeat business
Accountant
HONEST AUTO CARE
Dubai, UAE
02.2018 - 10.2021
- Provide time to time reports to management & Ensure confidentiality and security of all financial files
- Preparing detailed invoices and job cards for each repair case
- Preparing daily, weekly, and monthly reports on total repair jobs, Pending claims and collections
- Coordinating with insurance companies to submit claims, supporting documents, and cost breakdowns
- Following up on claim approvals, short settlements, and payments from insurers
- Verifying that all charges (labour, parts, paint, etc.) are accurately reflected per insurance terms
- Maintaining records of receivables from insurance companies and private customers
- Maintaining records of receivables from insurance companies and private customers and reconciling insurance claim settlements with invoices
- Recording purchases of spare parts, paint materials, and tools.
- Ensuring timely payments to parts suppliers and tracking credit periods.
- Verifying supplier bills against workshop requisitions and inventory usage.
- Calculating cost per repair job including parts, labour, and overheads and analyzing profit margins on insurance vs. non-insurance repairs
- Supporting management in setting competitive yet profitable pricing for services
- Handling petty cash for minor workshop expenses and Recording daily workshop expenses such as fuel, lubricants, consumables, and small tools
- Preparing and filing VAT returns and ensuring correct input-output
- Coordinating with auditors and tax advisors for monthly/annual financial reports.
- Keeping records for government inspections, insurance audits, and tax audits.
Junior accountant
ASHOK LEYLAND INDIA
, India
03.2016 - 03.2017
- Expertise in DMS for all modules such as Accounts payable, Accounts receivable and cash Management
- Supported senior accountants in maintaining ledgers, reconciling accounts, and preparing basic reports
- Handled invoice processing, basic data entry, and documentation as per company procedure
- Monitoring bank account transactions such as inward remittances, cheque clearance etc. with net banking
- Developed foundational knowledge of automotive accounting processes and internal systems
- Preparation of monthly reports to Management for internal control purpose. Performing other clerical work such as Mail handling, filing and organizing account
- Making C.A list records for vat returning
- Gained hands-on experience using DMS tools to process accounting transactions
- Conducted regular reviews and official audits to validate recordkeeping and controls.
- Improved financial accuracy by performing regular audits on company accounts.
- Assisted in tax preparation, ensured compliance with regulatory requirements.
- Ensured prompt payment from clients by efficiently managing accounts receivable.
Education
Master of Commerce -
University of Mumbai
03.2020 - 06.2021
Bachelor of Commerce -
University of Mumbai
03.2013 - 04.2015
Higher Secondary School Certificate Exam - Commerce Stream
Maharashtra State Board
04.2011 - 02.2013
Secondary School Certificate Exam -
Maharashtra State Board
03.2010 - 04.2011
Skills
- Proficient in WINGOLD NEXT
- Spot rate calculation and pricing of gold/silver
- Tally ERP 9 / DMS / WINGOLD NEXT
- Knowledge of AML/KYC in precious metals trading
- Customer Service
- Microsoft Office Suite
- Regulatory compliance
- Negotiation proficiency
- Time management excellence
Languages
English
Fluent
Hindi
Fluent
Marathi
Fluent
Urdu
Advanced
Certification
Attended and participated the training on AML/ Countering the financing of Terrorism conducted by Crowe.
Timeline
Accountant
VILLE DOR GOLD TRADING L.L.C
10.2021 - 06.2025
Master of Commerce -
University of Mumbai
03.2020 - 06.2021
Accountant
HONEST AUTO CARE
02.2018 - 10.2021
Junior accountant
ASHOK LEYLAND INDIA
03.2016 - 03.2017
Bachelor of Commerce -
University of Mumbai
03.2013 - 04.2015
Higher Secondary School Certificate Exam - Commerce Stream
Maharashtra State Board
04.2011 - 02.2013
Secondary School Certificate Exam -
Maharashtra State Board
03.2010 - 04.2011
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