Sayed Afroz Ahmed

Financial Accounting & General Ledger

• Ensured integrity of accounting information by recording, verifying, consolidating, and entering transactions
• Maintained general ledger by posting subsidiary accounts, preparing trial balances, and reconciling entries
• Prepared and recorded asset, liability, revenue, and expense entries through account analysis
• Performed month-end closing activities including BRS, accruals, prepayments, depreciation, end-of-service benefits, broker incentives, loan interest expenses, loan interest income, and receivables aging analysis
• Carried out day-to-day duties accurately and efficiently.
• Quickly learned and applied new skills to daily tasks, improving efficiency and productivity.
• Successfully delivered on tasks within tight deadlines.

Financial Reporting & Compliance

• Prepared monthly income statements, management comparison reports, and uploaded financials on the SCA portal
• Compiled and summarized financial status by preparing the balance sheet, profit & loss statements, and other financial reports
• Reviewed and reported related party transactions in compliance with regulatory standards
• Coordinated quarterly financial audits with external auditors, provided required schedules and GL details, reviewed draft financials, and ensured timely upload of signed reports on the SCA portal
• Prepared quarterly financial statements in coordination with auditors

Trade Market & Banking Operations

• Conducted daily market settlements (ADX and DFM) and performed daily bank reconciliations
• Handled weekly reporting to ADX and DFM
• Communicated with banks regarding facilities, guarantees, FOL renewals/amendments, and STL rollovers/repayments
• Managed commercial paper interest calculation, interest payments at maturity, and principal settlements

Payroll & Petty Cash Management

• Reviewed and verified staff payroll in coordination with the HR department
• Reviewed, approved, and processed petty cash reimbursements in accordance with company policies

Taxation

• Coordinated with internal tax teams and external consultants for the preparation and submission of corporate tax filings
• Cross-functional Coordination
• Liaised with various internal departments to ensure smooth transaction flow and accurate data management
• Supported external auditors by providing accurate GLs, AR/AP aging reports, and reconciliations.

General Ledger & Journal Entries

• Prepared journal entries and ensured timely recording of general ledger transactions
• Recorded local and international supplier invoices (with and without PO), ensuring compliance with FTA VAT guidelines
• Prepared month-end and closing entries including accruals, provisions, and adjustments

Accounts Payable & Vendor Management

• Handled end-to-end payment processes for local and foreign suppliers in multiple currencies via online portals, telegraphic transfers (TT), and cheque
• Prepared vendor reconciliations and performed cost and sales profitability analysis to match customer and supplier invoices by job
• Ensured timely invoice payments with diligent follow-ups.
• Issued and tracked debit/credit notes for intergroup companies and agencies on weekly, monthly, and quarterly cycles in compliance with IFRS 15 (Revenue from Contracts)
• Managed advance payments and post-dated cheque (PDCs), ensuring proper clearing upon final invoice receipt
• Generated vendor aging reports to monitor overdue balances and forecast upcoming payments for fund planning

Banking & Treasury

• Uploaded and monitored online payments via bank portals, tracked approval and transfer status
• Performed regular bank reconciliations, ensured accurate reflection of transfers, cash, and cheque deposits
• Prepared and processed import/export Letters of Credit (LC), Bank Guarantee (BG) applications, and coordinated related amendments with banks and the operations team

Accounts Receivable & Customer Coordination

• Followed up with the sales department for due payments, checked invoice status on ADNOC portals (Accepted, Rejected, On Hold, GRN Approved, Self-billing)
• Recorded customer receipts, matched and cleared paid invoices, tracked short payments and ICV (In-Country Value) receivables

Fixed Assets Management

• Created and capitalized fixed assets, recorded depreciation, asset disposals, and asset sales
• Conducted periodic fixed asset counts and maintained the asset register

Petty Cash & Utility Payments

• Managed various petty cash funds (PRO, office, yard) and processed reimbursements
• Handled utility payments including water, electricity, municipal, and telecommunication services

Reporting & Reconciliations

• Prepared monthly reports: work-in-progress (WIP), GRIR, profitability, and related party reconciliations
• Generated vendor aging schedules and monitored open POs using GRN reports in coordination with operations, sales, and procurement teams
• Supported monthly and quarterly closings with complete reconciliation and reporting packages

VAT Compliance

• Prepared input and output VAT reports, ensured accurate record-keeping, and coordinated submissions to the tax department
• Supported VAT audits by providing required schedules and documentation

Audit Support

• Assisted in external and internal audits including financial audits, VAT audits, and ICV audits, by preparing schedules, reconciliations, and supporting documentation.

• Verified and recorded general, sales, and purchase entries.
• Managed AR/AP ledgers, reconciliations, and staff payroll processing.
• Oversaw bank reconciliations, CDC/PDC monitoring, and treasury functions.
• Coordinated international payments and negotiated favorableforex rates.
• Prepared management and financial reports including VAT filings and deferred revenue entries.

Handled month-end closing and preparation of entity-level financials.
• Conducted GL account analysis, accruals, variance analysis, and fixed asset accounting.
• Led budgeting, MIS reporting, and collaborated with department heads on financial planning.
• Supervised AP/AR processes, liaised with auditors, and prepared audit documentation.
• Managed cash flow across multiple bank accounts and supported treasury operations.