Shachi Shah
Dubai
Summary of Career
1. Responsibility for maintenance of systems, controls and management reports post-VAT implementation
2. Manage relationship with tax authorities as well as other government agencies involved in the supervision
3. Educate other functions on tax processes and raise awareness for compliance risks
4. Reconciles processed work by verifying entries and comparing system reports to balances
5. Charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording entries
6. Pays vendors by monitoring discount opportunities; scheduling and preparing checks; resolving purchase order, contract, invoice, or payment discrepancies and documentation; insuring credit is received for outstanding memos; issuing stop-payments or purchase order amendments
7. Verifies vendor accounts by reconciling monthly statements and related transactions.
8. Bank transactions recording and Bank reconciliation which includes Routine Checking of bank e-statements and preparing & updating daily bank report accordingly for various payments, receipts, charges, fund transfers etc.
9. Day to day accounting includes booking of routine Receivables and Payables transactions
10. Budgeting and Provisions for month end Expenses, its recording and allocation based upon the time of the expenses.
Experience as Accounts Executive
Sobha Engineering & Contracting LLC
10 April 2018
15 November 2018
- Coordination of readiness and implementation of VAT for the companies in the UAE
- Oversight and management of all compliance and planning activities for VAT in the UAE as
well as tax payments
- Responsibility for maintenance of systems, controls and management reports post-VAT
implementation
- Manage relationship with tax authorities as well as other government agencies involved in
the supervision and payment of tax incentives
- Educate other functions on tax processes and raise awareness for compliance risks
- Support and partner with other in-house teams/departments.
- Reconciles processed work by verifying entries and comparing system reports to balances.
- Charges expenses to accounts and cost centers by analyzing invoice/expense reports;
recording entries.
- Pays vendors by monitoring discount opportunities; scheduling and preparing checks;
resolving purchase order, contract, invoice, or payment discrepancies and documentation;
insuring credit is received for outstanding memos; issuing stop-payments or purchase order
amendments.
- Verifies vendor accounts by reconciling monthly statements and related transactions.
Other 01 March 2015
CA Inter