Ishtiaq Hassan
ACCOUNTS
Abu Dhabi
Summary of Career
1. Being primary point of contact for the External Auditors and successful completion of yearly Audits as per the management guidelines and plan.
2. Part of Implementation team for Oracle ERP.
3. Introduction and implementation of QuickBooks in organization and shifting of date from Excel to Software.
4. Managing and primary point of contact for overseas group companies.
5. Managing the Supplier Portal for ADNOC, DOF, ADAC etc. and submit the necessary documents or reports required by them.
6. Co-ordinate with clearing agents and arranging all the necessary documents for imports and exports.
7. Preparation of management accounts.
8. Analyzing the general ledger and ensuring all adjustments are posted.
9. Variance analysis of budgeted expenses with actual.
10. Submit timely reports and prepare presentations/proposals as assigned.
Experience as Group Assistant Manager Accounts & Finance
01 June 2013
30 June 2015
Oversee the work of daily accounting activities required to maintain the Company’s General Ledger.
Verify and Review whole month work of ERP Staff (including, but not limited to, Cash Reconciliations, Customers & Suppliers Ledger Reconciliations, Accounts Receivables Transactions, Accounts Payable Transactions, Debt Activity, Recording of Revenue and Expenses).
Analyze and review the Cost Allocation and Activity Based Costing practices of organization and identify any variation from best accounting principles of cost accounting.
Provides support during critical business processes (e.g. month end, sales operations,production operations) to ensure smooth business operations.
Doing Accounts Reconciliations exercise for All Accounts Payable and Receivables and doing this exercise internally within company with Salesman as well as externally with Customers.
Experience as Management Accountant
01 September 2015
Calculate, post business transactions, process invoices, verify financial data for use in maintaining accounts payable records, and provide other clerical support necessary to pay the obligations of the organization.
Keeping track of all payments and expenditures, including payroll, purchase orders, invoices,statements, etc.
Creating & managing vendor & Customer profile in the system.
Review and audit invoices and requisitions for appropriate documentation and approval prior payment.
Ensure obligations of the organization are within terms and met in a timely manner.
Prepare and process electronic fund transfers and payments.
Reconcile vendor statements, research and resolve invoice discrepancies and issues.
Inventory:
Managing creation of new items, inventory sites & costing methods as appropriate.
Monitor stock transactions in terms of stock receipt, stock adjust, stock level, physical count and related inventory account.
Reconciliation for Balance Sheet items concerning Inventory and Cost of goods sold.
Review inventory adjustments and average cost changes.
Monitoring slow moving items, preparing inventory aging reports & appropriate provision for
out-dated items.
Imports:
Co-ordinates clearing and forwarding of all imports & exports for the company.
Performs costing of all import shipments for goods in transit in the consignment data base.
Liaises with Bank for opening Letters of Credit, transfers, and Bank Delivery Order for shipment covered by L/C.
Checks and verifies Freight Forwarder's invoices for both imports & exports, obtain approval from
respective department Head and forwards these to Finance for payment.
Matric 30 December 2007
BOARD OF INTERMEDIATE AND SECONDARY EDUCATION – LAHOREIntermediate 31 December 2010
BOARD OF INTERMEDIATE AND SECONDARY EDUCATION – LAHOREBachelor 30 July 2015
B.SC (HONS) DEGREE IN APPLIED ACCOUNTINGMaster 30 July 2015
ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS - AFFILIATE