Experience as

• Employer

• From

  01 April 2010

• To

  01 October 2010

• Detail

  NUF Chartered Accountants (Formally Chaturvedi Chartered Accountants) is a consultancy firm located in Dubai. I was working as Senior Auditor having led teams in the completion of both statutory audit as well as internal audit assignments. Detailed responsibilities are as follows.
  
  • Conducting the field work and finalization of a portfolio of Audit clients, which includes finalization of statutory audits in compliance with Local Laws and regulations, International Financial Reporting Standard (IFRS) and International Standards on Auditing
  • Extensive exposure of practical application of International Financial Reporting Standards (IFRS) and auditing standards (ISA).
  • Comprehensive system study of the business processes of entities, which involves documenting and critically reviewing all significant accounting streams, identifying weaknesses in the control systems, evaluating their impact on the Financial Statements, making recommendations and communicating them to management.
  • Developing and maintaining relationship with clients.
  • Performing variance analysis at the Group/Company level

Experience as

• Employer

• From

  01 November 2010

• To

  01 November 2014

• Detail

  My Business Consulting is an independent accountancy practice and financial consultancy firm in Dubai. Working as the team leader of Finance department for all their Retail and Trading clients who include large chains (up to 10 stores throughout UAE) as well as individual retail outlets and trading organizations. Our firm provides these clients with complete accounting as well as financial solutions.
  
  While working with these clients I have performed the following task for these.
  
  • Preparing financial statements as per International Financial Reporting Standards from the source data.
  
  • Analysis the Financial statements and giving recommendations related to business.
  • Ensure timely Account Bank reconciliation, Account Receivables and Payables reconciliation.
  
  • Establishing internal control systems for accounts department of clients.
  
  • Coordinating with the banks representatives regarding treasury and company's personnel to get the payments on time.
  
  • Managing the accounts department.
  
  • Reviewing all capital expenditure projects,
  
  
  • Assisting in Working capital management.
  
  • Cash flow forecasting on monthly basis,
  
  • Hedging foreign exchange transactions to avoid foreign exchange losses,
  
  • Cost budgeting on monthly basis followed by the financial analysis and investigation of the deviations of cost and cash flows from the budgets/projections,
  
  • Generating invoices/credit memos/debit memos in SAP,
  
  • Corresponding with banks for LCs
  
  • Consolidation of annual accounts of all subsidiaries and associated companies
  
  • Preparation of Monthly and Quarterly MIS Reports (Profit & loss A/c, Balance Sheet, Cash Flow statement, ratio analysis, CVP analysis etc.).
  
  • Presentation to management regarding trend of sales using visual and graphical aid.
  
  • Conducting system review with objective of recommending improvements.
  
  • Routine and ad-hoc stock take to ensure the reconciliation of physical stock with the books.
  
  • Liaising with external auditors to complete the statutory Audit on time.
  
  • Major Clients include Red Rose JLT, Chida’s group, Linkers Chemicals DMCC, Banasaj FZE, and Middle East Management Consultancy. Chida’s group, Linkers Chemicals DMCC, Banasaj FZE, and Middle East Management Consultancy.
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