Aamir Sohaib

Accounting & Finance
Abu Dhabi


Profile Views 195

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Last Seen: 11 April 2020 2:38 PM

Skills
Variance Analysis Financial Analysis Financial Reporting VAT Year End Closing Management Reporting Payroll End of Service Benefits Internal Controls LC/DC Sage 50 Oracle Fusion Internal Audit Accounts Payable Accounts Receivables IFRS US GAAPS Stakeholder
  • Experience
    4 Years
  • U.A.E Experience
    2 Years
  • Industry
    Oil , Gas & Energy
  • Nationality
    Pakistani
  • Visa status
    Employment Visa in UAE
  • Qualification
    Other - CFA. Level 2 Candidate
  • Driving License: No
Other Matching Titles/Position
Senior Accountant
Assistant Manager Finance
Advisory Associate
Equity Research
Financial Consultant
Industry Titles
Oil , Gas & Energy

Summary of Career

1. Maintained accounting system and prepared monthly & yearly profitability reports.


2. Filed quarterly VAT returns.


3. Stakeholder mapping and conducted meetings for negotiation during financial crunch.


4. Dealing with banks regarding Invoice financing and guarantees.


5. Managed team of junior accountants.


6. Variance analysis and seasonality analysis.


7. Ensured compliance with internal controls and improved audit methodology.


8. Created data bank for approved vendors.


9. Reviewed procurement process and recommended process for streamlining.


10. Internal control review of Government. health department.


Achievements
CFA Level 1

Completed CFA Level 1 in first attempt.


Work Experience (Employment History)

Experience as Senior Accountant

  • Employer

    Petromen Contracting and Oilfield services

  • From

    01 March 2019

  • To

    18 March 2020

  • Detail

    Communicated with banks related to Invoice Financing, guarantees, and LC/DC.
    Reviewed contracts from financial aspect, tracked progress as planned and profitability achieved.
    Mapped stakeholders during financial crunch and conducted meetings to maintain confidence.
    Refined company policies related to finance & compliance to minimize risk internally & legally.
    Achieved efficiency by Streamlining financial activities & scrutinized working capital.
    Prepared analytical trends, analyzed and recommended strategies to maintain profitability.
    Planned activities based on history, seasonality & predicted events to reduce risk exposure.

Experience as Accountant

  • Employer

    Petromen Contracting and Oilfield services

  • From

    17 July 2017

  • To

    28 February 2019

  • Detail

    Managed team of junior accountants, modified accounting system for VAT, and filed quarterly
    VAT returns.
    Worked with external auditors during financial year, project audits & resolved queries.
    Prepared monthly payroll, benefits & other compensations as per company and labour laws.
    Reviewed financial statements from accounting perspective & forecasted quarterly cash-flows.
    Negotiated contractual terms with suppliers during financial crunch to balance working capital.

Experience as Internal Audit Executive

  • Employer

    Digicom Trading Pvt Ltd

  • From

    28 December 2016

  • To

    31 May 2017

  • Detail

    Reviewed expenses on daily & monthly basis, analyzed variances & reported to senior
    management.
    Developed plans with a team to improve audit methodology & risk management process.
    Analyzed historical expenses & recommended improved and efficient compliance process which
    saved cost & time.
    Developed audit plans in liaison with field auditors related to capital expenditures(CAPEX).
    Initiated plan to create data bank, made approved vendors for up-gradation of sale facilities.

Experience as Advisory Trainee

  • Employer

    Ernst & Young

  • From

    15 May 2016

  • To

    12 October 2016

  • Detail

    Evaluated yearly budget consumption & allocated funds for disastrous situations.
    Assessed the procurement process including tender's placements, bids evaluation and contract's
    awards.
    Carried out year-end cut-off procedure of inventory & checked audit trail of samples.
    Detected control weakness, duplication of transactions & non compliance with policies.
    Evaluated risks, recommended plans to streamline process to reduce risk & cost.

Experience as Accounts Executive

  • Employer

    Home Zone

  • From

    01 April 2015

  • To

    30 April 2016

  • Detail

    Maintained accounts and posted accounting entries accurately & on timely basis.
    Reconciled banks, payables & receivables and investigated discrepancies found.
    Reviewed invoices with supporting documents to ensure all procedures are properly followed.
    Created business plans to meet profitability. Ensured all orders are delivered & received on time.
    Assisted in preparation of monthly & yearly Financial Statements and prepared other reports as
    requested by manager.

Academic Qualification

Other 30 June 2013

Higher Diploma in Accounting (HDA). Scottish Qualification Authority

Other 30 September 2016

ACCA

Bachelor 30 April 2020

BSc Honors in Applied Accounting. Oxford Brooks

Other 30 June 2021

CFA. Level 2 Candidate
Certifications
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