Iftikhar Ali Juma
Senior Accountant | GL Accounting & Financial Reporting | Actively seeking new opportunities.
Dubai
Summary of Career
1. Key contributor in forecasting of SG&A (selling, General & Administrative Expense) and continued improvements for forecast accuracy of organizations.
2. Effective completed segment wise accounting and monthly reports with profit and loss analysis and successfully negotiated and facilitated inter-segment agreements.
3. Developed knowledge and experience of conducting audits in different sectors and effectively gained & practiced quality report writing skills.
4. Implemented successfully a new client service program name Great Solutions System GSS, which record more than 10,000 customers.
5. Formulated intricate pro-forma budgets of different projects awarded from USAID, G-AID.
6. Converted manual to computerized accounting systems for two organization (Hamasat General Trading LLC, Rehman Shah used cars and Auto Spare parts).
7. Good track record for supporting business growth through astute financial management and strategic management of risk exposure.
8. Effectively control miss use of company assets, by preparing solid standards and procedures.
9. Performed revenue recognition, analysis and forecasting that improved the company’s reporting system by over 30%, by implementing correct authoritative literature.
10. Successfully implemented Accounting system in Tally ERP, with no error.
Experience as Senior Accountant
02 December 2017
01 February 2020
• Evaluate and facilitate approval on all purchase orders and coordinate with assistants and buyers to ensure accuracy of all deliveries.
• Coordinate with vendors to maintain optimal product quality and recommend improvements to all pricing.
• Documented financial transactions by entering account information and day to day routine accounting work of the company stores & outlets.
• Finalized company Balance sheet, company Accounts & Preparation of Cash / Fund Flow.
• Maintained accounting controls by preparing and recommending policies and procedures.
• Provided cover for the preparation, validation and submission of monthly/quarterly VAT returns.
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Developed and implemented of continuous improvement of plan to drive increase quality, efficiency and exceed customer expectations.
• Guides accounting clerical staff by coordinating activities and answering questions.
• Reviewed, investigates and corrects errors and inconsistencies in financial entries, documents and reports
Significant highlights
• Effectively control miss use of company assets, by preparing solid standards and procedures.
• Increased gradually daily base sales of all company stores and outlets upto 25% of daily sales.
• Successfully implemented accounting software “iPos” in all company stores, with no error.
• Managed 3 departmental stores and outlet of the company with 35 individuals’ salesmen.
Experience as Senior Accountant
Al Mawared Tourism LLC - Dubai
03 June 2016
31 August 2017
• Prepared asset, liability, and capital account entries by compiling and analyzing account information.
• Documented financial transactions by entering account information.
• Recommended financial actions by analyzing accounting options.
• Substantiates financial transactions by auditing documents.
• Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Maintained accounting controls by preparing and recommending policies and procedures.
• Guides accounting clerical staff by coordinating activities and answering questions.
• Reviewed, investigates and corrects errors and inconsistencies in financial entries, documents and reports
Significant highlights
• Performed revenue recognition, analysis and forecasting that improved the company’s reporting system by over 30%, by implementing correct authoritative literature.
• Initiated an income and expense flux analysis for the first working day of the month that provides for early identification and correction of posting errors. Efforts contributed to accelerating the month-end close to the tenth calendar day of every month.
Experience as Accounts Executive
Hamassat Al Khaleej LLC - Etisalat Chennel Partner
01 January 2014
30 June 2016
• Prepare capital expenditure budgets and assists in the preparation of operating budget.
• Established good working relationships with customers/clients i.e. RTA, Sharjah Police, Sharjah Cooperative society, Sharjah Chamber of Commerce and different ministries.
• Successfully prepared monthly/quarterly Profit & Loss Statements and Statement of financial position for every provision partner as well as the parent company.
• Acted as the most trusted and skilled point of contact for all internal cash management inquiries
Significant highlights
• Collected additional 540,000 AED which is 60% of legal debtors through continuous follow up by audit
• Successfully connected all branches online for all real time transactions, developed a program for monthly reports and effectively prepared Standard Operative Procedure books.
• Effectively minimized work by introducing the preparation of SOP (Standard Operative Procedure) resulting in organization benefit for the first time.
Master 01 June 2009
MBA – Finance Major: Accounting & Finance GPA: 3.54/4.00Bachelor 26 December 2006
Bachelor in Economics (BA) Major: Micro-Macro Economics Grade: A