WAQAS AHMED
Dubai,UAE
Summary
Experienced finance and accounting professional with a strong background in financial reporting, budgeting, forecasting, and month-end and year-end close processes. Proven ability to lead teams, manage balance sheet reconciliations, and ensure accuracy and compliance in financial statements. Adept at coordinating with internal stakeholders and external auditors to support successful audit completion, while driving process efficiency and timely reporting.
Overview
11
11
years of professional experience
Work History
Executive Financial
Solution Leisure Groups
Dubai
12.2024 - Current
- Leading the preparation and review of monthly Profit and Loss (P&L) reports and management reporting
- Overseeing the preparation of financial statement presentations for senior management
- Managing and reviewing monthly accruals to ensure accuracy and compliance
- Leading the development and analysis of quarterly forecasts
- Ensuring completeness and accuracy of expense recognition and postings
- Overseeing balance sheet reconciliations and resolving variances
- Managing landlord lease agreements, including coordination with landlords to ensure timely receipt and verification of invoices
- Leading and coordinating the team through month-end and year-end closing activities
Sr. Accountant
Cello Hospitality Group
Dubai
01.2018 - 11.2024
- Preparation of Cash payments, bank reconciliation, petty cash and collection of payments
- Preparation of monthly projects costing analysis for line manager to implement control over production and projects timelines.
- Preparation of Double Entries in Sage 300 of all Transaction on day-to-day basis e,g Exp, GVs.
- Ensuring Data Entry of all Recurring Exp pertaining to the Group.
- Creation of All vendors & Chart of Accounts according to the Relevant group code in Sage 300.
- Maintain Intercompany Accounts & Reconciliations
- Charged Expense to each outlet on Shred basis as per Company policy.
- Assisting in Monthly Accounts Closing Process.
- Calculate the Cost of sales of Each outlet on monthly basis.
- Maintain Petty cash & Impress system
- Prepare the PDC Cheque for the Suppliers.
- Perform balance sheet account reconciliations, account analysis, accrual calculations and general business accounting.
- Managing accounts receivable and payable reconciliation and follow up by mail.
- Ensuring transactions are analyzed to arrive at correct account balances and journal entries are well documented timely & accurately.
- Implementation of accurate costing system, drafting reports & recommendations to improve & controlling nonvalue adding cost.
- Develop & document business process and accounting policies to maintain and strengthen internal control system.
- Maintaining Sound Filling System on Monthly basis of all related parties Documents.
Sales Supervisor
Goodies Minimart LLC
Dubai
07.2016 - 12.2017
- Merchandise and checking of the stocks for proper shelves display.
- Conduct weekly and monthly stock position inventory.
- Distribute and provide product samples when required, informational brochures and other incentives activities to motivate people to buy the products.
- Record and report information feedback from the people about the product promoted.
- Supervises the store and acts as Cashier.
- List all fast moving items and do purchase orders.
- Consolidate daily/monthly sales summary reports.
Teller
MCB
02.2015 - 06.2016
- Process the Customer Cheque & Record in the system appropriately.
- Receiving the Cash from the Customer & record in Concerned Account.
- Preparation of Cash & Cheque for inter-Company transaction.
- Maintain Records for Clearing agent on day-to-day basis.
Education
BBA - Bachelor of Business Administration - Hons
University of Gujrat
Bachelor of Arts - Arts
Allama Iqbal Open University
Diploma - Financial Management
Oscar Cultural Institute
Skills
- Sage 300 ERP, Al Khazan, MS Office, POS, Linga Ros, Oracle NetSuite, Oracle Micros, Future log
- Corporate social responsibility
- Financial analysis
- Financial Forecasting
- Profit and loss reporting
Personal Details
English, Urdu, Punjabi, Arabic (Basic)
Affiliations
- Sports and physical fitness; film and cinema
Personal Information
Education
Honours
References
References available upon request.
Timeline
Executive Financial
Solution Leisure Groups
12.2024 - Current
Sr. Accountant
Cello Hospitality Group
01.2018 - 11.2024
Sales Supervisor
Goodies Minimart LLC
07.2016 - 12.2017
Teller
MCB
02.2015 - 06.2016
BBA - Bachelor of Business Administration - Hons
University of Gujrat
Bachelor of Arts - Arts
Allama Iqbal Open University
Diploma - Financial Management
Oscar Cultural Institute