Malik Sohail Akhtar
Accounting Professional
Abu Dhabi
Summary of Career
1. Successfully managed the GL (General Ledger) accounting, monthly and annual accounts closing for balance sheets, profit & loss and related reports for the review of the CEO.
2. Managed payroll (WPS), voucher posting, reviewing accruals, inventory count and related workings. • Facilitated biannual and annual audits (external) through advance preparation and planning.
3. Managed the accurate and timely processing of invoices by matching price and quantity on invoice with the approved purchase/sale orders.
4. Managed cash flows and working capital requirements through close coordination with planning and marketing department for the operation cycle; Sales to Collections, Purchase to Payments and the arrangement of funds on specific dates (post dated cheques accordingly.
5. Facilitated annual audits (external) through advance preparation and planning.
6. Bank reconciliation statement.
7. Knowledge of VAT Law, Registration & Filing Quarterly VAT return.
8. Processing all petty cash disbursements and payment of local vendors.
9. Disbursement of staff claims (incentives, salaries and other claims).
10. Preparation of monthly cash flow budget.
Experience as Accountant
Nasser Group
15 March 2018
29 June 2020
Currently I am working with Nasser Group which has an auto workshop, used auto parts outlet, a restaurant and real-estate business where I’m managing a team of 3 persons including a cashier, an Inventory clerk and an assistant accountant. Following are my core duties and responsibilities:
Compiled general ledger entries on a short schedule with nearly 100% accuracy.
Generated financial statements and facilitated account closing procedures each month.
Preparation and submission of VAT.
Proactively researched technical tax issues related to consulting projects.
Preparing and maintaining all bookkeeping functions including but not limited to Revenues, Commissions, Expenses, Account Payables/Receivables, Banking, Assets and Depreciation, Provisions and Accruals.
Analyze and reconcile all balance sheet accounts.
Matched purchase orders with invoices and recorded the necessary information.
Suggested budgetary changes to increase company profits.
Created periodic reports comparing budgeted costs to actual costs.
Customer invoicing, submission and follow-up on collections.
Ensure compliance with local laws and regulations.
Actively coordinate with corporate banks/Auditors/Lawyers/Tax Consultants etc.
Assigned tasks to associates, staffed projects, tracked progress and updated managers.
Reviewed files, records and other documents to obtain information and respond to requests.
Liaison with banks for deposits, withdrawals, pay orders, demand drafts, bank guarantees etc.
Prepare the payroll sheets.
Preparing different management reports as required.
Trained 3 new employees on accounting principles and company procedures.
Managed annual external audit.
Experience as Accountant
Zenith Ship Management Services Int. FZC
05 January 2016
25 December 2017
Preparing and maintaining all bookkeeping functions including but not limited to Revenues, Commissions, Expenses, AP/AR, Banking, Assets and Depreciation and Provisions.
Analyze and reconcile all balance sheet accounts.
Assigned tasks to associates, tracked progress and updated managers, partners and clients as necessary.
Reviewed files, records and other documents to obtain information and respond to requests.
Liaison with banks for deposits, withdrawals, pay orders, demand drafts, bank guarantees etc.
Prepare the payroll sheets.
Preparing different management reports as required.
Trained 2 new employees on accounting principles and company procedures.
Managed annual external audit.
Experience as Accountant
North Star Group
05 September 2012
31 August 2015
Preparing and maintaining all bookkeeping functions including but not limited to Revenues, Commissions, Expenses, Account Payables/Receivables, Banking, Assets and Depreciation, Provisions and Accruals.
Analyze and reconcile all balance sheet accounts.
Ensure compliance with local laws and regulations.
Actively coordinate with corporate banks/Auditors/Lawyers/Tax Consultants etc.
Liaison with banks for deposits, withdrawals, pay orders, demand drafts, bank guarantees etc.
Prepare the payroll sheets.
Preparing different management reports as required.
Managed employee benefits programme (Old Age Benefits)
Experience as Assistant Accountant
Auto Zone
04 March 2010
28 February 2012
Assisted in Preparing and maintaining all bookkeeping functions including but not limited to Revenues, Commissions, Expenses, Account Payables, Receivables, Banking, Assets and Depreciation.
Matched purchase orders with invoices and recorded the necessary information.
Customer invoicing, submission & follow-up on collections.
Prepare the payroll sheets.
Matric 30 April 2012
MBA Finance