Muhammad Shakoor Akram
Finance & Accounting
Dubai
Summary of Career
1. Financial Accounting & Reporting
2. Financial Mangement
3. Trade Finance Management including Bank Guarantees, Loans, LCs, PPC discounting
4. Accounts Payable & Receivable Management
5. Budgeting and Forecasting & Variance Analysis
6. Costing
7. Supervision of Petty Cash Payments
8. GL Postings
9. VAT Returns filing
10. Coaching & Leadership
Experience as Chief Accountant
17 January 2005
31 July 2020
Dedicated and detail-oriented accounting professional with over 20 years’ insightful experience in managing the full cycle of financial accounting, including maintaining books of accounting, developing financial statements, managing general ledger, chart of accounts, journal entries, handling bank reconciliations & balance sheet reconciliations. Skilled in ensuring that accounting procedures and controls are in place and operating effectively and that the system of internal controls provides reasonable assurance to the integrity and reliability of financial data.
Experience as Manager Accounts
01 March 2000
31 December 2004
Supervise and manage daily operations of the accounts department including month- and year-end process, AP/AR Managment, GL, cash forecasting, budgeting, revenue/expenditure variance analysis, fixed asset, JV Postings, bank reconciliations, Monitored and analyzed accounting data and produce Ad-hoc reports for the management, Supervise & finalize monthly, half yearly and annual accounts for the management and auditor, provided timely explanations of variances between actual results and forecasts/budgets and provided corrective action recommendations to management, Calculate yield, waste production and invisible loss, analyzed actual results with the standards and discussed the results with General Manager – Production, Prepare monthly cost sheets based on actual data at different price levels of raw materials; developed future production plan as per requirements of the sales division.
Preparation of reports showcasing the quantity of raw material required at different number of frames for different count of yarn, Prepare production reports at different levels of OPS, prepare contribution margin reports for decision making.
Other 30 November 2001
ACMA FROM INSTITUTE OF COST & MANAGEMENT ACCOUNTANTS OF PAKISTAN - LAHORE.