Imran Sheikh
Accounting and Finance
Abu Dhabi
Summary of Career
1. Prepare timely and accurate Monthly, quarterly, half yearly and annual financial statements in accordance with the applicable financial reporting framework.
2. Prepare monthly management reports, analyze variances and suggests recommendations. Analyze prospective Maintenance projects and prepare reports for higher management.
3. Coordinate in developing, implementing and monitoring internal & financial controls and accounting policies and procedures, cash management system and accounts payable, receivable and credit controls and ensure its security and confidentiality
4. Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
5. Manage the cash flow and prepare cash flow forecasts in accordance with policy. Reconcile banks and investment accounts and suppliers and customers’ statement of account on monthly basis or otherwise if required.
6. Supervise and control the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll.
7. Liaise with internal and external auditors and IT consultant for preparing and accumulating required information and documents.
8. Reviewing the systems and activities established to measure to ensure compliance with those policies, plans, procedures, laws, and regulations which could have a significant impact on operations and reports
9. Prepare annual & periodical Budget and comparison with actual results to ascertain & analyze Variances
10. Expertise in Product Costing & Pricing, Cost controlling, Variance Analysis and Break-even Analysis
Experience as Accounting Manager
Gallant Property Management
01 October 2018
29 February 2000
• Collect, interpret and review financial information and execute short and long-term financial strategies to achieve the Company’s goals.
• Prepare monthly and yearly financial statements and provide an analytical review to the management for future decision making.
• Analyze Projects by estimating cost and revenue for Management Decision Making.
• Develop and maintain Accounting systems, Accounting policies, procedures and internal controls to safeguard the assets of the Company.
• Prepare monthly, quarterly and Annual Budgets & Cash Forecasts and compare with actual results to analyze the variances.
• Inventory management accounts receivable and accounts payable management.
• Implement new software and create a chart of accounts and cost centers.
• Review monthly Payroll and ensure on-time salary disbursement after approval.
• Prepare monthly accruals for End of Service Benefits, Leave Salary and Air Fare.
Experience as Chief Accountant
Advance Four Directions
01 January 2016
30 September 2017
• Lead the modeling, planning, and execution of all financial processes.
• Supervise overall accounting functions, month-end, and year-end closing processes and prepare management and financial statements.
• Prepare time to time Management Reports for financial & operational decision making and Cost Controlling.
• Prepare daily, weekly and monthly Cash Flow & Cash Forecast to ascertain the operational cash needs.
• Liaise with Bank for all banking matters including Renewal of Finance Facilities, Trade Finance, Letter of Credits and Guarantees, etc.
• Prepare, analyze and present Business Feasibility reports and Project Analysis reports for Management Decision Making.
• Liaise with External Auditors and IT consultants for preparing and accumulating required information and documents.
• Prepare annual budgets, projections and feasibility of new project/line of product as required by management on a timely basis.
• Reconcile bank, suppliers and customers’ statement of account on a monthly basis or otherwise if require and negotiate with banks for lines of credit or other financial services as required
• Participate in the development and implementation of internal control policies and procedures across the organization.
Experience as General Accountant
Superior Tubular Solutions FZE
01 February 2015
31 December 2015
• Preparation of periodical Financial Statements by covering schedules, booking of accruals and closing period on time.
• Prepare time to time Management Reports for financial & operational decision making and Cost Controlling.
• Prepare costing system and develop formats & costing reports with coordination of production department.
• Prepare monthly and Quarterly Cash Forecast to submit to head office for quarterly funds transfers.
• Prepare monthly and Annual Budgets and compare with actual results to analyze the variances.
• Review monthly Payroll and get it approved from C.E.O and ensure time salary disbursement.
• Prepare monthly Accruals including End of Service Benefits, Leave Salary Allowance, and Annual Air Fare.
• Manage & Control Inventory by ensuring proper recording, consumption and periodic stock count & valuation.
• Fixed Assets register maintenance including Addition/deletion/transfers of assets and Depreciation Schedule.
• Participate in the Development & implementation of Accounting Policies, Procedures, Financial and Internal Controls.
Experience as Assistant Finance Manager
US Apparel & Textile Lahore Pakistan
04 August 2008
31 December 2014
• Preparation of monthly accounts by ensuring that all month-end closing tasks including schedules, reconciliations, management reports, booking of accruals and period closing is done on time with accuracy.
• Managing the Payable department by ensuring Supplier payment on time, supplier reconciliation, regularly reviewing the aging report and timely monthly closing of A.P.
• Supervise the Receivables department by ensuring the proper recording of invoices, receipts, customer reconciliations and regular reviewing of the aging report of A.R.
• Manage & Control Inventory by ensuring proper recording, consumption and periodic stock count & valuation.
• Review Payroll received from HRD and supervises the processing of the payroll sheets and payment of salaries.
• Managing the Fixed Assets of the company including fixed assets register maintenance, Addition/deletion of assets, monitoring of depreciation schedule.
• Monthly comprehensive Post-Shipment Performance & Costing analysis covering Customer wise and order wise profitability, sales analysis and costing analysis. (Costing Reports)
• Monitor Daily Cash Flow Statement including, petty expenses and Advance against expenses.
• Prepare and analyze monthly, quarterly and annual Cash and Sales Forecasts.
• Coordinate with the marketing department in preparation of Pre-Order Costing to final offer price to Customer, compare with actual results to determine variances to utilize in cost reduction.
• Participate in the preparation of annual Budget and comparison with actual results to determine reasons for Variances.
• Prepare various Ad-Hoc performance reports of Operating expenses, Extra Ordinary costs, Logistics & Distribution costs, Marketing costs, In House or Outsource orders processing decisions.
Experience as Assistant Accounting Manager
01 May 2006
31 July 2008
• Prepare and analyze Management Accounts on a monthly, quarterly and annual basis.
• Perform Month-end tasks e.g. closing entries, Accruals, provisions, and Quantitative Reconciliations.
• Prepare Management reports to support business decisions including Project analysis reports.
• Monitor and Manage the Payable and the Receivable by ensuring proper recording, invoicing, payments, receipts, reconciliations, and aging.
• Prepare cash flow forecast & planning report to determine current and future Cash Needs.
• Monitor petty expenses and advances against expenses as well as against Salaries.
• Handle taxation matters of the company including preparation and submission of the Tax return form.
• Liaison with banks and handling all matters of the company relating to Banks.
• Prepare Management reporting including Project analysis reports
• Prepare Budgets and variance analysis reports of overhead expenses to analyze variances.
Intermediate 30 September 2000
CommerceBachelor 30 September 2002
CommerceMaster 31 December 2005
Graduated from Institute of Cost and Management Accounts of Pakistan