Malik Faisal Khalil

Senior Accountant at Mazen Group of Health Care. CA Pakistan and CPA qualified professional/ Financial Reporting/ Tax Consultant/ Auditor/ General Accountant/ SAP Fi Professional/ Multi dimensional Experience
Dubai


Profile Views 957

Recommendations (2)
Last Seen: 07 May 2023 2:37 PM

Skills
Accounting Audit SAP VAT Finance Accounts Reveivables Bank Reconciliation Budgeting and Forecasting Financial Reporting IFRS Financial Analysis ICV Certifications Management Accounts Internal Audit consolidation ICV
  • Experience
    10 Years
  • U.A.E Experience
    5 Years
  • Industry
    Skilled Professionals
  • Nationality
    Pakistan
  • Visa status
    Employment Visa in UAE
  • Qualification
    Other - CPA
  • Driving License: UAE
Other Matching Titles/Position
Accounts Manager
Chief Accountant
Senior Accountant
Finance Executive
Auditor
Industry Titles
Skilled Professionals
Skilled Professionals
General

Summary of Career

1. Maintained liaison with external reportable organizations including ADNOC and our associated Certifying Body for In-Country Valuation (ICV).


2. Preparation & supervision of financial statements till audit & timely reporting on financial matters to the management,


3. Obtain and maintain a thorough understanding of the financial reporting and general ledger structure. Prepare, review, and analyze financial statements to ensure accuracy and completeness


4. Supervising the daily activities of Billing, Insurance & Accounts departments; coordinating with insurance companies like Daman, Neuron, Thiqa, for arranging contracts with them, liaising with them for claim submission, resubmission inquiries, annual reconciliations,


5. Responsible to legally assess tax (VAT) liabilities through informed application of tax laws and regulations


6. Manage VAT compliance, reporting, and filing works for the companies and Groups.


7. Prepare financial statements, business activity reports, and forecasts,


8. Review company financial reports and seek ways to reduce costs,


9. Dealing the matters relating to Banks and Vendors


10. Operating and maintaining Financial Accounting system


Work Experience (Employment History)

Experience as SENIOR ACCOUNTANT

  • Employer

    MAZEN GROUP OF HEALTH CARE

  • From

    01 January 2022

  • To

    To date

  • Detail

     Preparation, validation and submission of quarterly VAT returns and handle
    VAT reporting
     Prepare and manage all documents in line with VAT regulations and other
    related activities
     Preparation & supervision of financial statements till audit & timely reporting
    on financial matters to the management,
     Reporting of financial matters by entity, by department & by cost center,
     Consolidation of financial results at department and entity levels,
     Supervising AR/ AP / GL and guiding the accounting staff in
    accomplishing their tasks,
     Supervising the daily activities of Billing, Insurance & Accounts departments;
    coordinating with insurance companies like Daman, Neuron, Thiqa, for
    arranging contracts with them, liaising with them for claim submission,
    resubmission inquiries, annual reconciliations,
     Liaising with third parties in establishing terms & conditions for contracts &
    agreements for smooth operations,
     Handling insurance policies including fidelity guarantee, PAR, third party
    liability insurance policies and medical/ malpractice insurance policies of
    doctors, therapists and staff
     Analysing the work environment for areas which need improvement,
    standardising the protocols to perform activities, shifting the focus from paper
    based work to automation, reducing the paper work involved,
     Holding up meetings with management & BOD, explaining the financial
    situation, discussing the cash cycle, evaluating business ratios & investment
    opportunities,
     Coordinating with different departments in compiling their periodic budgets,
    consolidating those budgets and advising management accordingly in taking the
    financial decisions

Experience as Assistant Manager Accounts & Tax

  • Employer

    ALBERTS Accounting and Tax Consultants

  • From

    01 July 2018

  • To

    31 December 2021

  • Detail


     Preparation, validation and submission of quarterly VAT returns and handle
    VAT reporting
     Prepare and manage all documents in line with VAT regulations and other
    related activities
     Preparation & supervision of financial statements till audit & timely reporting
    on financial matters to the management,
     Reporting of financial matters by entity, by department & by cost center,
     Consolidation of financial results at department and entity levels,
     Supervising AR/ AP / GL and guiding the accounting staff in
    accomplishing their tasks,
     Supervising the daily activities of Billing, Insurance & Accounts departments;
    coordinating with insurance companies like Daman, Neuron, Thiqa, for
    arranging contracts with them, liaising with them for claim submission,
    resubmission inquiries, annual reconciliations,
     Liaising with third parties in establishing terms & conditions for contracts &
    agreements for smooth operations,
     Handling insurance policies including fidelity guarantee, PAR, third party
    liability insurance policies and medical/ malpractice insurance policies of
    doctors, therapists and staff
     Analysing the work environment for areas which need improvement,
    standardising the protocols to perform activities, shifting the focus from paper
    based work to automation, reducing the paper work involved,
     Holding up meetings with management & BOD, explaining the financial
    situation, discussing the cash cycle, evaluating business ratios & investment
    opportunities,
     Coordinating with different departments in compiling their periodic budgets,
    consolidating those budgets and advising management accordingly in taking the
    financial decisions

Experience as FINANCE MANAGER

  • Employer

    EDIFICE

  • From

    01 June 2017

  • To

    30 June 2018

  • Detail

     Prepare financial statements, business activity reports, and forecasts,
     Monitor financial details to ensure that legal requirements are met,
     Supervise employees who do financial reporting and accounting record
     Review company financial reports and seek ways to reduce costs,
     Analyze market trends to find opportunities for expansion or for acquiring other
    companies,
     Help management make financial decisions.
     Accounting of different projects.

Experience as Audit & Tax Associate

  • Employer

    Khalid Majeed Hussain Rehman & Co Chartered Accountants, (Member firm of Delloite Touché Tohmatsu) - Pakistan

  • From

    01 October 2013

  • To

    31 May 2017

  • Detail

     Implementing Audit Methodology, specifically risk-based approach
     Preparation of Annual Financial Statements as per IFRS
     Preparing Audit Reports
     Attending Stock Take Assignments
     Working as Quality Assurance Team Member so as to facilitate Quality Control
    Review
     Filing Annual Income Tax Returns of Clients
     Submitting monthly Withholding Tax Statements
     Filing Federal and Provisional Sales Tax Returns
     Payroll processing for tax purposes
    o Complete Salary Calculation keeping in view the allowances and benefits
    o Calculation & deposit of income tax, provident fund & EOBI
    o Submission of monthly statement for tax deductions u/s 149
    o Salary disbursements
    o Explanation to employees of client regarding the payroll and tax
    calculations
     Preparation of Current and Deferred tax workings required for finalization of
    audited accounts
     Preparation of Budget Brief

Experience as Assistant Manager Finance

  • Employer

    THE MONAL GROUP

  • From

    01 September 2011

  • To

    30 September 2013

  • Detail

     Daily expense invoices verification
     Payments verification
     Monthly stores closings
     Payroll Audit
     Auditing of daily financial matters
     Dealing the matters relating to Banks and Vendors
     Preparing Bank Reconciliations
     Operating and maintaining Financial Accounting system
     Preparing accounts on monthly basis

Academic Qualification

Other 30 June 2017

CA Pakistan

Other 22 May 2019

CPA

Bachelor 12 March 2013

Bachelor of Economics
Certifications
Recommend Malik Faisal Khalil
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