FAISAL SHAHZAD

ACCOUNTS & FINANCE PROFESSIONAL
Abu Dhabi


Profile Views 416

Recommendations (0)
Last Seen: 11 December 2020 5:41 PM

Skills
#Financial Reporting #Accounting with VAT #Payroll #Budgeting & Forecasting # P&L Accountability #Quickbooks #Tally #Reconciliation #Cash Flow Management #Cheque Management #Cash Management #Problem Solving Skills #Analytical Skills #Leade
  • Experience
    8 Years
  • U.A.E Experience
    --
  • Industry
    Banking & Finance
  • Nationality
    Pakistan
  • Visa status
    Employment Visa in UAE
  • Qualification
    Master - Master in Business Administration - Finance
  • Driving License: No
Other Matching Titles/Position
Industry Titles
Banking & Finance

Summary of Career

1. Preparation of final reports (Monthly, Quarterly and Yearly) and maintain up to date accounting records to do month end closing entries.


2. Monitoring and interpreting cash flows, predicting future trends and providing yearly Budget Report to higher management as well as managing PDC’s.


3. Experience of VAT implementation, filing return & processing of refund if applicable as per UAE law.


4. Preparation of WPS Salaries, wages, gratuity and Leave Salaries, accruals and prepayment schedule.


5. Responsible for Accounts Receivable, timely collection, eye watch on old outstanding.


6. Responsible for Account Payable – Handling all vendors and inter group payments and posting.


7. Liaison with Banks and monitor Banks Transactions, Bank Reconciliation and PDC’S.


8. Proficient in the use of ERP Software (QuickBooks, Tally ERP 9, Peachtree, Xero) and MS Excel, MS Word, MS PowerPoint, Outlook and Office 365.


9. Excellent communication skills, both verbal and written, presentation, Interpersonal, Analytical, Problem Solving & Leadership Skills.


10. Experience in leading a team of 2 Assistant Accountant.


Achievements
Implementation of Accounting Procedures

I have implemented the procedure of accounts while working with client accounts in the F&B Industry. I have corrected their VAT Record, Accounts Payable and create a proper procedure to keep a record of Petty Cash


Work Experience (Employment History)

Experience as Accountant

  • Employer

  • From

    08 August 2018

  • To

  • Detail

    • Prepare monthly projection for Cash Outflow, and then compare the actual with projection.
    • Prepare financial reports on a monthly basis and present it to higher management.
    • VAT implementation, filing return & processing of refund if applicable as per UAE law.
    • Verify Monthly Purchase, Sale, Bank Reconciliation and recording accrual expenses and keeping a record of prepayments schedule and manage all accounting transactions in Quick Book.
    • Recording, classifying and summarizing daily accounting transactions using ERP Software.
    • Prepare supplier Invoices, purchase and delivery orders, recording it as well as conducting inventory reconciliation on a monthly basis.
    • Prepare accounts receivable, accounts payable, aging reports, reconciliation with vendor’s account and preparing of cheques as well as verifying of Purchase, Sale, Receipt and Payment vouchers.
    • Checking bank accounts, updating of Cheques Prepared, Cheque withdrawals, Cheque Returned, Cash deposited verification, Funds arrangement from branches and handling bank and branches queries.
    • Cash Management (Cash Receipt, Cash Payment and Petty Cash)
    • Liaison with Banks and monitor Banks Transactions as well as to assit internal & external auditors.
    • Prepare Salaries, wages, gratuity and Leave Salaries.
    • Creating Tax Invoice for Credit Sale and Making receipt vouchers, payment vouchers for customers and suppliers.

Experience as Senior Data Researcher

  • Employer

  • From

    20 December 2010

  • To

    06 July 2019

  • Detail

    • Build a high level of subject matter expertise related to content set, including knowledge of internal applications, related data sets, and external products.
    • Used knowledge of the industry and collection methods to procure additional data from covered companies through the survey system and Adhoc email communication.
    • I was responsible for pro-actively tracking information on covered domains (US and Canadian based).
    • Participated in regular development/training opportunities related to various project management and training disciplines.
    • Provided input and ideas for the enhancement of internal applications and product enhancement.
    • I was responsible to have a discussion on daily routine work with head office (US) and Global office (India).
    • I was responsible to train new employees and supervise their performance by assigning them different assignments & quiz related to their training
    • Prepared/verified financial reports of covered U.S banks on a monthly, quarterly and annual basis.
    • Prepared/verified financial regulatory reports of covered U.S banks.
    • Provided financial services, investment-related suggestions to clients based on our analysis.
    • I was responsible o audit documents of U.S Banks on client demand

Academic Qualification

Bachelor 22 September 2008

Bachelor in Commerce (B.Com)

Master 29 November 2010

Master in Business Administration - Finance
Certifications
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Mentor
Waseem Raja

Accounts, Finance & VAT Professional | Navafiz Career Advisor | Public Speaker
Abu Dhabi

Last Login: 09 November 2023 3:22 PM
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