Experience as AUDIT ASSISTANT

• Employer

• From

  01 March 2006

• To

  30 October 2007

• Detail

  • Understanding nature of the business environment and business cycle of the client
  • Audit planning, assessing the risk, completion of work with in allocated time.
  • Applying test of controls/substantive tests on fixed assets, debts, leases receivables and payables, inventory, revenue, expenses and employee compensation.
  • Identifying, collecting and analyzing audit evidence during the course of the audit.
  • Special assignment such as stock taking, fixed assets verification and physical cash counts as part of the audit procedures.
  • Examining company payroll and personal records to determine worker’s compensation coverage and compliance with local regulations.
  • Preparing draft financials (includes Balance Sheet, Profit & loss Account, Changes in Equity, Cash Flow) and finalizing accounts in accordance with local Accounting Standard.
  • Preparing analytical analysis (Ratio Analysis)-Profitability, liquidity, efficiency, debt management ratio and aging analysis.
  • Investigate all material issues raised by inquiries from professional or regulatory authorities.
  • Prepared Management letter for internal control improvements. This includes recommendations to address any material weaknesses in the internal controls of our clients
  

Experience as ACCOUNTANT

• Employer

• From

  07 January 2008

• To

  31 August 2010

• Detail

  • Prepared financial information to Management by researching and analyzing accounting data; presented the financial reports ( P/L, Balance Sheet, Cash Flow & other reports)
  • Compiled and analyzed financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions
  • Analyzing accounts and Business Plan (Financial Planning, Budgeting, Cost Management)
  • Invoiced to clients, Accounts receivable and payable management & Accounts Reconciliation.
  • Organized the daily expense claims, fund allocations and cash flow management.
  • Monitored and implemented (where necessary) controls procedure to ensure smooth functioning of processes
  • Prepared Assets Schedule, calculating the depreciation and posting in the system.
  • Reviewed and filed monthly & quarterly VAT & NBT calculations, PAYE Tax calculations, Income Tax calculations and other statutory requirements.
  • Liaised with financial institutions such as Bank for the transactions and fund management
  • Coordinated with external auditors, for the efficient and effective execution of audit engagements and ensuring the timely provision of audit deliverable
  • Trained the coworkers in the department whenever needed
  

Experience as ACCOUNTANT

• Employer

• From

  02 March 2011

• To

  30 June 2012

• Detail

  • Prepared daily meeting reports on collection, revenue analysis, expenses analysis and priority payment arrangement
  • Prepare financial reports, MIS reports and interpret financial information to managerial staff while recommending further courses of action for different business units.
  • Involved in system implementation (Tally ERP) and interconnected the sales and store functions to the centralized operation
  • Adept at reviewing accounting records and other financial data to assess accuracy, completeness, in accordance with Professional Codes of Practice, Accounting Standards and Service Level agreements
  • Prepared budgets on expenditure for subsidiaries and review the variances based on actuals.
  • Overseeing the day to day operations of the Accounts department (including journal entries into Tally ERP, Balance sheet reconciliations, accruals & prepayments)
  • Supervised complete accounting functions of subsidiary etc. AlYamama Company and reconciliations of intercompany transactions in the system
  • Streamlined the stock movements and operation through implementing the stock control system in two main stores and monitoring the sales
  • Composed weekly reports on stock movement, price margin strategies and item margin variances
  • Prepared staffs payroll, fund transfer to concerned staffs’ accounts and journalized the entries
  • Maintained accounts for provision for leave salary & end of service indemnity & calculation for payment
  • Actively involved in daily banking matters and other financial institution
  • Communicated with Banks for all import LC documentation and Bank guarantee when required, Maintain outstanding L/C based on the project basis
  • Cross verified the monthly capital expenditures during the period and journalized the depreciation entries in the system
  

Experience as SENIOR ACCOUNTANT

• Employer

• From

  14 August 2013

• To

  31 October 2018

• Detail

  • Involved with Financial controller in preparing various reports to the Management (P/L, Balance Sheet, Cash Flow, and Budgeting).
  • Prepared and coordinated the monthly reconciliations for all balance sheet accounts and all bank reconciliations, ensuring all outstanding reconciling items are investigated and resolved satisfactorily
  • Monitored payable team to ensure the timely payments and the reconciliations
  • Assisted with accounts receivable and supporting AR supervisor on all the receivable matters. (Tour Operator Advance Adjustments and Forecasted collection reports)
  
  • Reviewed the revenue reports (Cash & Credit Card) from the resorts and communicate with accounts for any discrepancies
  • Managed the staffs payroll ( around 750 staffs) and reviewed their leave/final settlements and final approval for payment
  • Maintained fixed asset register and passing the relevant accounting entries for depreciation, additions and disposals
  • Timely prepared and filled the tax returns (T-GST, Green Tax, WHT & Business Profit Tax) and make sure that all the statutory compliances are met and payment made.
  • Coordinated with external auditors and reporting their audit requirements & analytical review
  • Involved in the continues improvement program in resort level in order to improve the staffs effectiveness and standard of work.
  • Coordinated and supported to finalize the year-end audit ( External Auditors) as well as the audit by Government Tax Department (Maldives Inland Revenue Dept. (T-GST Audit, WHT Audit & Tourism Tax Audit, Green Tax)
  • Assisted to financial controller for day-to-day financial matters, reports and questions
  • Complied with state and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
  

Experience as SENIOR ACCOUNTANT

• Employer

• From

  23 December 2018

• To

  To date

• Detail

  • Involved with monthly financial reporting and participated in the presentations
  • Prepared weekly reports on financial movements and Sub-consultants pending reviews
  • Directly involved with project manager, procurement in order to prepare, analyze and maintain healthy project cash-flows
  • Solely involved with Accounts Payable and Receivable management and reporting on the status weekly and urgent basis.
  • Reviewed the payment plan for sub-consultants and vendors, Payments approval on system, reconciliation of the balances.
  • Assisted in managing the cash flow by ensuring timely invoices, follow-up for collection and achieving positive liquidity by control over payments.
  • Reviewed staffs expenses claims ( Travels per mileage, other expenses) based on the company policy and approved for the payments
  • Resolved the accounting discrepancies arise in branches (USA, Germany etc.) and communicated with the financial head.
  • Involved on preparing budgeting & Forecasting for the forthcoming period
  • Involved in complex reconciliation of accounts ( A/R, A/P, Bank accounts & other G/L accounts) and checking the GL entries in order to keep the balance sheet items update
  • Reported on contractor wise WIP report, aging analysis, Time sheet analysis, Unbilled works, OH expenses analysis on each projects
  • Checked the assets entries ( purchases and Sales during the period), making the necessary journals, and processed the depreciation for the period (fixed assets register management)
  • Involved with auditors on finalizing the VAT return and timely filing to Dubai Tax Authority.
  • Communicated with bank and relevant authorities when needed