SHEIK MOHAMMAD FAIZ
Dubai
Summary
Result oriented and self-driven accounting & finance professional with over 5 years of
experience in handling Accounts and finance of Luxury Retail brands for 5 GCC countries.
A team player with strong organizations skills with a profound ability to multi task
effectively and efficiently.
Overview
5
5
years of professional experience
Work History
Senior Accountant
AMZ Group
02.2023 - Current
- Perform Cash and Card - POS reconciliation with ledger and merchant report,
- Post and process daily Cash and Credit card (POS) transaction entries of 2 entities
- Prepare Cash flow and monitor fund position of 2 entities
- handle accounts Payables of 2 entities, Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
- Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted
- Keep record of FAR and accruals, all Audit schedules,
- Process monthly proportion entries and accruals and preform monthly closings prepare MIS
- Responsible for carrying out daily reporting activities, dealing with banks, and assisting the Finance/Accounting Manager in cash and liquidity management
- Analyzed budgets, financial reports, and projections for accurate reporting of. of financial standing.
- Prepare analysis on MIS
- Perform intercompany reconciliation
- Perform Inventory reconciliation with Store stock report and identify if there is any discrepancy
- Post and process stock transfer entries from one store to another, post all purchase sale entries and transfer stock accordingly
- Book all vendor invoices and perform vendor ledger reconciliation.
- Prepare VAT return and perform reconciliations.
- Assist Internal and external and internal audit by providing required documents, supporting and attend with valid explanation
Accountant
PureGold Jewelers Group
07.2020 - 01.2023
- Prepare, process and accounting of all trade and non trade payments of 5 different countries, ensure payments are made to vendors in a timely manner
- Match appropriate documents (invoices-Purchase Orders (PO), invoice-check, supporting documents-wires)
- Compliance of bank reconciliation of 6 different banks of different regions with different currencies
- Monitor all Receivables entries and post data to various ledgers, registers, journals, and logs following the established group’s accounting techniques and procedures and ensure revenues are recorded accurately
- Vendor and customer balance reconciliation, Intercompany reconciliations
- Check and verify cash and card Transaction, POS reconciliation with DTS and investigate and propose a possible resolution for any discrepancies
- Booking all invoices of overseas branches (Bahrain, Qatar, Kuwait, Oman and UAE)
- Responsible for carrying out daily reporting activities, dealing with banks, and assisting the
- Finance/Accounting Manager in cash and liquidity management
- Prepare export related documents, and pass purchase and sale and stock transfers and entries to respective region and branches
- Recording daily cash and credit card collection entries of overseas branches
- Process petty cash claims and reimbursement requests of 4 overseas regions
- Post and process monthly salary of overseas branches and booking of all the employee salary entries as per payroll
- Prepare VAT returns of Bahrain and UAE
- Ensure stocks at store level of over15 branches are reconciled with ERP on daily basis, and report if there is any discrepancy found on stock
- Prepare and maintain FAR, deposit listing, stock aging reports
- Ensure fringes of periodic stock audit are resolved and accounted
- Post and process monthly proportion entries and prepare (MIS) monthly closings of 15 overseas branches
- Monitor bank fund and assist finance manager for cashflow analysis
- Assist Internal and external and internal audit by providing required documents, supporting and attend with valid explanation
Accountant
Kaloti Precious Metals DMCC
09.2019 - 06.2020
- Post and process tax receipt stock(TRS)
- Post and process Tax Invoice sales(TIS)
- Prepared accounts payables to ensure prompt and accurate vendor payments, checks, etc
- Post and process journal entries to ensure all the business transactions are recorded Posting
- Posting of Purchase sale entries on fix and unfix method
- Prepared Bank reconciliation of multiple banks
- Prepared stock analysis report on daily basis
- Preparing incoming and outgoing gold report to the customer as well as to the
- refinery Preparing packing list for all the shipments of gold for refinery purpose
- Performed stock checking with Vault in-charge and performed stock reconciliation
- Assisting compliance department by complying the consignment report and preparing its report as per the customers document
Junior Accountant
Al Shafaf Repacking Services
05.2018 - 09.2019
- Post and process journal entries to ensure all business transactions are recorded
- Update accounts receivable and issue invoices
- Update accounts payable and perform reconciliations
- Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines
- Assist with reviewing of expenses, payroll records etc
- As assigned Prepare LPO and comparison sheet on vendors quotation
- Update financial data in databases to ensure that information will be accurate and immediately available when needed Prepare and submit weekly/monthly reports
- Assist senior accountants in the preparation of monthly/yearly closings
Education
Bachelor ofCommerce (B.COM) - Finance And Accounting
Alva’s College Moodbidri,(Manglore University)
08.2017
PUC - undefined
Pre, Jain Pre- University college Moodbidri
SSLC - undefined
Jain highschool
Skills
- Analytical and problem solving skills
- Account reconciliation specialist
- Superior attention to details
- Proficiency with Microsoft Office Suite
- Profit and Loss Accountability
- Month-End and Year-End Closings
- Accruals and Provisions
Timeline
Senior Accountant
AMZ Group
02.2023 - Current
Accountant
PureGold Jewelers Group
07.2020 - 01.2023
Accountant
Kaloti Precious Metals DMCC
09.2019 - 06.2020
Junior Accountant
Al Shafaf Repacking Services
05.2018 - 09.2019
Bachelor ofCommerce (B.COM) - Finance And Accounting
Alva’s College Moodbidri,(Manglore University)
PUC - undefined
Pre, Jain Pre- University college Moodbidri
SSLC - undefined
Jain highschool
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