Wali Hassan
Dubai,UAE
Summary
Member of ACCA, holding UAECA with 10+ years of experience in accounting and finance, commercial finance. Work experience in Oil and Gas, Real Estate and Sports industry.
Overview
10
10
years of professional experience
10
10
years of post-secondary education
Work history
Financial Analyst II
ChampionX (Chemicals ,Oil & gas)
Dubai, UAE
2023.07 - 2026.01
- Product costings for Bid submission process, considering various scenarios to reduce cost.
- Execute variance analysis, enabling proactive financial planning.
- Pricing, Margin analysis focusing on bleeder accounts and converting into profitable business.
- Helping Sales team with providing different options based on discounts, volumes.
- Working with team to build pricing strategies like fixed pricing, Index Models, YOY Price increase etc.
- Month end processes, reviewing margins for each product, analysis of frozen and standard costs and PPV variances.
- Reviewing SNI reports, considering incoterms and suggesting accruals for sales or reversing costs.
- Tracking sales forecast each month, conducting weekly meeting with sales team on phasings of sales.
- Reviewing prices for products before Uploading in SAP as per company policy.
- Analysis of Standard cost, Operational costs after month end.
- Providing team with the requested analysis on various parameters for decision making process.
Senior Accountant (AP, Fixed Asset)
Ali and Sons (Real Estate)
Abu Dhabi, UAE
2022.03 - 2023.07
- Managing and supervising all financial matters related to AP/AR/Fixed Asset.
- Month End Closing, MIS, Quarterly report.
- Maintaining fixed asset register, CWIP and Supplier advances tracking
- Maintain and update the fixed asset register for all company assets.
- Record asset additions, disposals, transfers, and retirements in the ERP system.
- Ensure proper capitalization of assets in line with company policy and IFRS
- Run depreciation on a monthly basis ,Perform periodic physical verification of fixed assets and investigate variances
- Review capital expenditure requests and ensure proper approvals
- Track assets under construction and capitalize them when ready for use
- Booking of supplier invoices and processing payments.
Senior Accountant
Sulzer (Oil & Gas)
Abu Dhabi
2018.03 - 2021.01
- Financial Planning and Analysis (FP&A).
- Rolling Forecasts and Annual Budgeting, Variance analysis and providing commentary.
- Project Costing /Project Margin estimation and variance commentary on completion.
- Operating net cash flow Management (ONCF).
- Intercompany Recharges and balance management (AP/AR), resolving intercompany differences (Qlick view).
- Managing and supervising all financial matters (AP,AR,Cash and Bank) for Dubai and Iraq office.
- Preparation of financial statements and MIS reporting.
- Input Month end /Budgets and monthly forecast numbers in SAP SURE.
- Reimbursement of expense claims after reviewing as per company policy and company corporate credit card expenses (via Concur).
- Assisting VAT specialist in VAT returns submissions.
- Assisting in external and internal audit.
- Month end, quarter and year end closing within prescribed timeframe by HO.
- Managing Banking, Petty cash, Company Corporate credit cards.
Accountant
Leejam Sports
Dubai, UAE
2015.11 - 2018.03
- Analyze monthly financial results, identify and communicate deviations from forecasts.
- Assist Finance Manager in the preparation of Annual budgets and Monthly forecast.
- Preparation of Cash Flow forecast for smooth payment processes.
- Finalization of Accounts, Month end and Quarter closing.
- Managing Bank Funds and petty cash for the smooth supplier and payroll payments.
- Vendor reconciliation before preparing the payments.
- Issuing Debit Notes for Intercompany transactions, Sorting Intercompany balance differences.
- Preparing the Bank reconciliation after booking all payments and receipts.
Education
UAECA -
AAA
Dubai 2015.01 - 2017.04
ACCA Member - Pakistan
Association Of Chartered Certified Accountants
2010.01 - 2015.12
Certified Accounting Technician (CAT) - Pakistan
Association Of Chartered Certified Accountants
2009.01 - 2010.12
Skills
- Month/Year End Closing
- AP/AR Management
- IFRS & IAS
- Concur Management
- SAP
- HFM
- SURE
- Excel
- Financial Planning And Analysis
- Fixed Asset management
- Time Management Training
- Professional Ethics Module
Languages
Urdu
English
References
Available on request.
Timeline
Financial Analyst II
ChampionX (Chemicals ,Oil & gas)
2023.07 - 2026.01
Senior Accountant (AP, Fixed Asset)
Ali and Sons (Real Estate)
2022.03 - 2023.07
Senior Accountant
Sulzer (Oil & Gas)
2018.03 - 2021.01
Accountant
Leejam Sports
2015.11 - 2018.03
UAECA -
AAA
2015.01 - 2017.04
ACCA Member - Pakistan
Association Of Chartered Certified Accountants
2010.01 - 2015.12
Certified Accounting Technician (CAT) - Pakistan
Association Of Chartered Certified Accountants
2009.01 - 2010.12