Shakeel Ahmed
Financial Accountant - Accounting & VAT Professional
Dubai
Summary of Career
1. A success driven qualified MBA with 5 plus years’ experience in business support roles, including Luxury Retail, Hospitality (SPA and F&B) and Telecom Service & Retail industries;
2. Having solid experience in managing Accounts Receivables/Payables Reconciliations, coordination with Internal and external stakeholders, Bank/Intercompany Accounts Reconciliations and Expense Reports;
3. Extracting and Managing Big Data (Over 500 stores in 50 plus regions, 100+ Territory managers and 12 sales directors) and Ratio Analysis through P&L, Variance Analysis and Managerial Reports;
4. Major Achievement includes reducing prior discrepancies from 60% to 5% in reconciliation reports;
5. Highly efficient and fast in the use of Microsoft Excel functions for financial Analysis (creating Masterfile, using Lookup functions - VLOOKUP, Index & Match, Pivot Tables, Excel Dashboards, charts and graphs);
6. Sound knowledge about SAP and years of experience in Microsoft Dynamics GP ERP and Callidus;
7. Excellent communication and interpersonal skills developed through academic and professional exposure in countries like UK, Qatar and Malaysia
8. Other core MBA skills such as Problem solving, Leadership, Teamwork, Financial Modeling, Management Analysis and Quantitative Research provided competitive advantage in practical working environment
9. Ability to understand the concept of any business model, understand the problems and provide Recommendations in the report
10. Reduced operating cost at Alfardan Hospitality in one segment to help them reach breakeven and make profit in the coming months
Experience as General Accountant
21 June 2012
31 August 2017
• Posted trade payable entries to ERP and made corresponding payments to vendors;
• Reviewed POs, quotations, budget and management approvals before issuing payments to suppliers;
•Processed cash and credit card sales journal entries into Microsoft Dynamics GP;
Month End Activities (Routine Checklist);
• Prepared and analyzed using financial ratios and variances the Monthly financial statements through Management reporting tools
• Prepared and maintained Prepaid Expenses and Accruals schedule and responsible for posting corresponding entries
to ERP;
• Monthly processing accurate and timely bank reconciliation reports of three company’s accounts;
• Prepared and maintained schedules for intercompany transactions including issuance of Debit/Credit note plus
responsible for posting corresponding entries to the system;
• Assisted Financial Controller in preparation of consolidated Financial Statements and other managerial reports at
group level;
• Prepared managerial reports (Actual vs Budget vs Prior) P&L including comments on Profitability ratios for Guerlain
Spa;
• Gathered and prepared required schedules for year-end external audit;
• Monthly Run depreciation through fixed assets module;
Experience as Assistant Reporting Manager – Accounting & Sales Support
12 January 2018
31 December 2018
• Presented Senior Management the monthly performance report of Sales Division which comprises of the performance
of Territory Managers and Sales directors for more than 500 outlets in 52 states of USA
• Coordinated with the sales team on regular basis and presented valuable information on timely basis to the regional
sales directors
• Coordinated with Accounting team and Bank deposit for the accuracy of reconciliations in Accounts Receivables
• Implemented benchmark Reporting tagged with regular MTD & YTD data
• Analyzed performance-based reports and delivered management reports on timely basis to 12 Sales Directors and 45
Territory Managers
Experience as Financial Accountant - Accounting & VAT Professional
11 April 2019
31 October 2019
• Reporting to Senior Accounting consultant and Partner of the Audit firm
• Maintaining Integrity of general ledger, including chart of Accounts
• Managing a portfolio of multiple clients from implementation of chart of Accounts, groupings, finalization of
Accounts, VAT returns as per FTA and preparing Audit reports in compliance with IFRS
• Leading a team of Accountants following strict deadlines for VAT filing and monthly reporting
• Achievements:
• Implemented Accounting system according to needs of clients
• Introduced client review, VAT 201 from Tally and data requisition forms
• Empowered junior staff to become self-driven
• Significantly improved the workflow in the department resulting in efficient services to clients without compromising on high reporting standards
Master 31 October 2017
Masters in Business Administration (International Business with Finance) from Swinburne University of TechnologyBachelor 01 May 2012
ACCA & Bachelors in Applied AccountingIntermediate 01 June 2007
A levels with Science and Commerce