Rihan Abdul Rashid
Dubai,UAE
Summary
Accomplished finance professional with extensive expertise in accounts payable, financial reporting, and taxation. Demonstrates strong skills in planning and organisation, communication, leadership, and problem solving. Proficient in QuickBooks and Sage 50, with a proven track record in cost allocation, cash book reconciliation, VAT return preparation, and bank reconciliations. Adept at implementing cost-reduction strategies to enhance financial efficiency. Career goal: to leverage comprehensive accounting knowledge to drive organisational success.
Overview
13
13
years of professional experience
2012
2012
years of post-secondary education
Work History
Accountant, Inventory / Cost controller
Kanpai Restaurant
12.2013 - 04.2025
- Company Overview: (F&B) (UAE)
- Supervises and coordinates the appropriate processing of purchase requisition, purchase orders, preparing various reports
- Previous accurate, current inventory data for purchasing decisions
- Maintain inventories at optimum levels to prevent under-or-over investment in inventory
- Supervises and co-ordinates the taking of periodic physical inventories
- Verifies clerical computations against physical count of stock adjusts errors in computation
- Ensure all deliveries are on time and correct
- Cost all food and beverage items and where practical, input these costs into the point of sales system
- Prepare all food and beverage costs on a monthly basis and recommend alternatives to improve costs
- Maintain all stock levels correctly & Doing spot checks for F&B
- Create/update recipes (food, beverage, special costing) prepared by chef to set selling price
- Conduct month-end food and beverage inventories for kitchen Stores & Bar
- Prepares reports of inventory balance, shortages, as required
- Comparing prices with different supplies and fixing the appropriate one
- Preparing various management reports financials reports, purchases analysis, sales v/s consumption ratios, sales analysis etc
- Assisting finance manager in all aspects up to finalizations i.e., making schedules, Payables, receivables and Taxation (VAT Filing)
- Booking of all Journals as well as Purchase Entries in Sage (Peachtree) Accounting
- Booking of Receipt & Payment Vouchers in Sage (Peachtree) Accounting
- Preparation of all Accounting Reports in Excel Format
- Reconciling and maintaining accounts on daily basis, ledger scrutiny
- Month end reports - MIS, stock & debtor's statement, creditor's statement
- (F&B) (UAE)
- Software's: Sage (Peach tree), Ezee Burp (Micros), Xero online Accounting
Accountant
Red Rose Tea Corporation
11.2011 - 09.2013
- Financial Statements i.e
- Balance Sheet, Profit & Loss Account
- Prepare Sale Invoice
- Booking of all Journals as well as Purchase Entries in Tally ERP.9
- Booking of Receipt & Payment Vouchers in Tally ERP 9
- Preparation of all Accounting Reports in Excel Format
- Reconciling and maintaining accounts on daily basis, ledger scrutiny
- Month end reports - MIS, stock & debtor's statement, creditor's statement
- Statutory compliance - Income Tax, TDS, Service Tax, VAT / CST, Cess
- Computation of tax liability & exposure to e-filling of tax returns
- Payroll compliance - Bonus, PF, ESIC, Profession Tax
- Vendor management, liaison with bank for LOC
- Preparing Invoice, DC, Dr / Cr notes, BRS
- Maintaining record of expenses & settling employee claims
- Software's: Tally ERP.9
Education
Bachelors Degree - Commerce (B.Com.) - Accounts
Mumbai University
Skills
- Planning & Organisation
- Communication
- Leadership
- Problem Solving
- Cost allocation
- Proficient in quickbooks
- Accounts payable expertise
- Financial reporting expertise
- Taxation knowledge
- Cash book reconciliation
- Accounts receivable maintenance
- VAT return preparation
- Knowledge of sage 50
- Cost-reduction strategies
- Bank reconciliations
Languages
English
Hindi
Urdu
Marathi
Affiliations
- Playing Cricket
- Sport Cars
DECLARATION
I hereby declare that the information furnished above is true to the best of my knowledge and belief.
Timeline
Accountant, Inventory / Cost controller
Kanpai Restaurant
12.2013 - 04.2025
Accountant
Red Rose Tea Corporation
11.2011 - 09.2013
Bachelors Degree - Commerce (B.Com.) - Accounts
Mumbai University
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