Fahad Ahmed
Senior Accountant
Dubai
Summary of Career
1. Maintain accurate and up-to-date financial records for the organization.
2. Record and classify financial transactions in accordance with accounting principles
3. Assist in the development and monitoring of the organization's budget
4. Ensure compliance with relevant accounting standards and regulations.
5. Preparing Bank reconciliation statement in Multi currencies
6. Prepare documentation and assist during audits conducted by external auditors.
7. Oversee the processing of invoices and ensure timely payments.
8. Processing Payroll as per organization’s policies and procedures.
9. Managing accounts receivable and accounts payable by accurately recording receivables and ensuring that payables accurately represent the true value of the company's trade obligations.
10. Securing alternative funding channels for a company's debt facilities and staying updated on developments in financial regulations and legislation.
Experience as Assistant Manager Finance
Shaheen Pipe Industries
01 November 2006
30 November 2008
• Supervise the monitoring of sales and purchase records.
• Manage documentation for both imports and exports.
• Handle letter of credit transactions and maintain comprehensive records of LCs.
• Oversee the accurate recording of accounting entries in Peachtree accounting software.
• Perform periodic bank reconciliation.
Experience as Manager Accounts
Honda Center (Pvt) Ltd
01 December 2008
31 May 2012
• Financial Recordkeeping
• Maintain accurate and up-to-date financial records for the dealership.
• Record and categorize financial transactions related to sales, service, and parts.
• Manage accounts receivable by ensuring timely and accurate recording of customer payments.
• Oversee accounts payable, processing invoices, and making timely payments to vendors.
• Collaborate with the inventory team to track vehicle and parts inventory.
• Reconcile inventory records with physical counts and address any discrepancies.
• Calculate commissions for sales and service staff based on established commission structures.
• Ensure compliance with tax regulations related to automotive sales and services.
• Prepare and submit accurate tax returns in a timely manner.
Experience as Senior Accountant
Rely Industries FZCO
13 June 2012
03 August 2018
• Preparation of periodical financial reports, including financial statements following IFRS & IAS, and generating management reports for year-to-date comparisons.
• Managing accounts receivable and accounts payable by accurately recording receivables and ensuring that payables accurately represent the true value of the company's trade obligations.
• Monitor and verify the correct allocation of costs in projects using job order costing.
• Implement and manage cost accounting systems to track production costs.
• Analyze costs and recommend cost-saving measures.
• Assist in the creation of budgets for various departments within the manufacturing organization.
• Monitor and control inventory levels to optimize working capital.
• Prepare Bank Reconciliation Statements in multiple currencies.
• Securing alternative funding channels for a company's debt facilities and staying updated on developments in financial regulations and legislation.
• Oversee the processing of invoices and timely payments to suppliers.
• Ensure compliance with tax regulations and prepare accurate tax returns.
• Engaged in effective communication with external auditors to ensure the timely and satisfactory completion of annual audits.
• Oversee payroll processing, ensuring accuracy and compliance with relevant regulations.
Experience as Finance Officer
PPHI SINDH, Pakistan
01 July 2019
12 January 2024
• Maintain accurate and up-to-date financial records for the organization.
• Record and classify financial transactions in accordance with accounting principles.
• Assist in the development and monitoring of the organization's budget.
• Inputting budget data into the ERP system, and overseeing the alignment of budgets with actual results.
• Provide support in financial forecasting to aid in strategic planning.
• Ensure compliance with relevant accounting standards and regulations.
• Preparing Bank reconciliation statements and ensuring the preparation of banks reconciliations for all Districts of Sindh Province.
• Prepare documentation and assist during audits conducted by external auditors.
• Address inquiries and provide necessary financial information during the audit process.
• Track and manage funds received through grants and donations and ensure compliance with grant requirements and reporting
• Oversee the processing of invoices and ensure timely payments.
• Processing Payroll as per organization’s policies and procedures.
• Collaborating with internal auditors to uphold accurate accounting records.
• Collaborate with other districts to gather financial information and support their financial needs.
• Overseeing additional projects assigned by donor organizations like Concern Worldwide, Save the Children, World Food Program, and UNICEF.
• Ensure transparency in financial reporting to maintain donor trust.
Matric 30 June 1997
Major in Physics, Chemistry, MathematicsIntermediate 02 October 1999
Major in Physics, Chemistry, BiologyBachelor 10 July 2002
Major in Economics, Cost Accounting, Financial Accounting, AuditingMaster 30 June 2023
Major in Financial Accounting, Cost Accounting, Management Accounting, Auditing, Financial Management.Excel Skills for Business: Intermediate I
MS Excel Essential