Sajid Ali
Accounts Manager
Dubai
Summary of Career
1. Supervise the accounts department
2. complete MIS Report Monthly Quarterly
3. Budgeting/Forecasting
4. Control cost of products
5. Internal Audit
6. Liaison with banks and handling all banking matters
7. Funds and treasury management
8. variance analysis
9. VAT-E Filing
10. Monitoring invoicing, payment and recovery
Experience as Sr. Accountant
Enjoy Bijoux General Trading
01 March 2017
31 March 2019
Delivered overall leadership in the accounting and financial management function and ensure that effective financial controls underpin it.
• Implementation of “Activity Based Costing System” and Variance Analysis of all Projects.
• Preparation of annual budget for the company and ensure the compliance of all profit & cost centers with budget and variance analysis at the end of the period.
• Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis, and commentaries.
• Analyzing financial performance, identification of trends and recommending actions to Management.
• Development and documentation of Standard operating procedures
• Monitoring and evaluating financial information systems and suggesting improvements where needed.
• Management of Accounts Payables and receivables.
• Development Business cases and scenario models to drive better business decision
• Designed and implement a workout solution to bring the company back to a solvent and profitable position.
Improved the accounting system and cash flow budget to reflect current and changing needs.
• Successfully implement VAT.
Experience as Accounts Executive
Fast Track Foodstuff LLC
30 April 2016
01 March 2017
• Devising and implementing financial policies, systems, and procedures to enhance the company’s financial sustainability and growth.
• Guiding cost analysis process by establishing and enforcing policies and procedures, providing trends and forecasts; explaining processes and techniques, recommending actions.
• Improving financial status by analyzing results, monitoring variances, identifying trends, recommending actions to management
• The preparation, development, and analysis of management accounting information and provision of a high-quality support service to line managers within the Organization.
• Evaluating quarterly reconciliations of debtors, creditors, and balance sheet accounts to ensure accuracy and compliance with established accounting standards and procedures.
• Monitoring and analyzing monthly, quarterly and year-end closings and ensuring that financial and variance reports are presented to the management in a timely manner and with accuracy. Formulating tailor-made financial reports and departmental pulse reports for the use of management as per the need.
• Streamlining and controlling the budgeting process, assessing sales forecasts, ensuring its timeliness, accuracy, and consistency
Experience as Accounts Executive
Al Hayah General Trading LLC
05 February 2014
01 March 2016
Key Responsibilities:
• Preparation of Monthly Financial Statements.
• Monitoring & Following of Rolling budget and variance analysis.
• Verification of monthly consumption report.
• Inventory Management (Inventory Budget & Stocktaking)
• Liaison with Internal & External Auditors.
• Accounts receivables and Payables Management (Aging Analysis, Reconciliations).
Professional Achievements
Experience as Asst.Accountant
Novelty Fabric Processing Mills (Pvt) Ltd
01 March 2012
06 January 2014
• Recorded the General Entry.
• Handle daily Cash Book.
• Handling the Ledgers of different customers
• Prepare the P&L statement every Month.
• Forecasting of Cash Budget.
• Prepare P&L Account Quarterly.
• Finalize the Account up to Balance Sheet.
• Working on Trial Balance.
• Filling income and sales tax returns.
• Handle subsidiary A/c.
Master 24 November 2011
MBA Banking & FinanceOther 08 March 2018
IPA(Aus)Other 06 February 2018
AFA(UK)Other 01 January 2018
ACCA(Finalist)Other 02 February 2019
ACMA