Muhammad Awais
Financial Accounting & Auditing
Dubai
Summary of Career
1. A leading estimable, detail-oriented and Committed Finance Professional with experience of more than a decade in diversified industries like Manufacturing, Trading & Telecom Sector.
2. A number-cruncher backed with Accounting skills, decisive in structuring and streamlining finance processes mitigating risks. Skilled in mediations, transforming initiatives, adding values to organization’s operations by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, control and risk management process.
3. An extensive hands on experience in rendering suggestions on budgeting, prudent cost analysis and controlling, investigating variances and proposing enhanced solutions to higher management, financial analysis of accounts for internal and external reporting, cash forecasting and monitoring payables, Value added tax (VAT) compliance, slashing administrative costs by Business process automation, performing System integrated tests and User acceptance tests in ERP systems, developing and documenting
4. Financial Accounting
5. Value Added Tax (VAT)
6. Cost Analysis
7. Cash forecasting and monitoring payables
8. Business process automation, performing System integrated tests and User acceptance tests in ERP systems.
9. Developing and documenting Standard Operational Policies and Procedures
10. Supply Chain Flows and Controls
Experience as Accounting Manger
Al Wafiq Electronics Trading LLC | Channel Partner Du Telecom
08 January 2017
To date
It is a fast-paced growing company established in Dubai, United Arab Emirates with focus in telecom sales & marketing segment by way of being tied up in a strategic channel partnership agreement with Emirates Integrated Telecommunication Company (Du Telecom).
Key Achievements:
▪ Restructured Finance operations and implemented standard accounting polices and procedures.
▪ Forecasted cashflows and ensured timely payments to Accounts Payables.
▪ Slashed administrative costs by 20 percent by establishing standard operational procedures, cost analysis and controls.
▪ Established standard procedures for analyzing and determining Staff Incentives resulting in reduced disbursement period by 30 percent and continuously adapted to rapidly changing criteria’s as per market demands.
▪ Established standard procedures for timely disbursement of Payrolls of all offices Globally.
▪ Ensured regular General ledger and banks reconciliations.
▪ Implemented and ensured Value added tax (VAT) compliance practices.
▪ Established Risk Management by developing internal controls.
▪ Reported Financial Statements and Management Analysis.
Experience as Finance Manager
MT Foods Enterprises
01 June 2015
31 October 2016
It trades in whole grains, feed ingredients and many other commodities by connecting producers and users of grains and other agricultural commodities through origination, processing, marketing and distribution capabilities and services.
Key Achievements:
▪ Designed Chart of Accounts and replaced the existing Accounting System by implementing New ERP System.
▪ Prepared Annual Business Plans, Annual Budgeting and Projected Financial Statements.
▪ Managed Accounts Receivables, Accounts Payables and Cash flows.
▪ Streamlined Finance Procedures and introduced Standard Accounting Polices and procedures.
▪ Established Risk Management by developing internal controls.
Experience as Deputy Manger Internal Audit
Pakistan Accumulators (Pvt) Ltd
28 March 2006
31 May 2015
Pakistan Accumulators (Pvt) Limited is an ISO 9001 & ISO 14001 certified company that concentrates in various types of batteries, UPS and battery related products with the brand name of "VOLTA "&" OSAKA", both within Pakistan and international market.
Key Achievements:
▪ Streamlined Internal Audit Operations by performing Compliance Tests, conducting internal control procedures and risk management.
▪ Spotted errors and developed advanced process maps for identified risks.
▪ Improved operational controls efficiency in factory by improving / developing internal controls and conducting advisory engagements.
▪ Improved fraud deterrence by consolidating factory and regional offices audit activities.
▪ Standardized Internal Audit Policies and Procedures and introduced monthly reporting dashboards.
▪ Conducted financial, operational and compliance audits and other advisory engagements.
Bachelor 01 August 2003
Finance & AccoutingOther 01 January 2006
C.A (Part Qualified)Master 01 January 2015
MBA Accounting & Finance