MUHAMMAD AHMED
Dubai, UAE
Email: ahmed6907@gmail.com / Skype: ahmed_khan17
Phone: (M) 0501573971
~ FINANCE & ACCOUNTS PROFESSIONAL ~
Targeting challenging assignments with a globally reputed organization to achieve management vision & goals in planned and stipulated time frame
CAREER ABRIDGEMENT
? Dedicated Finance & Accounts Professional with more than 9 years of high integrity Finance & Accounts leadership experience
? Currently spearheading functions as an Credit Controller with Oberthur, Dubai, UAE
? Expertise in Finance & Accounts Operations, extensive experience in operations management with exposure to all facets of activities
? Proficiently performing and excelling under demanding work conditions, well versed in basic accounts to finalization of accounts
? Demonstrated excellence in handling Petty Cash, Bank Reconciliation and Payroll Processing
? Thorough understanding of IFRS, GAAP and Accounting Standards
? Hands-on experience in Microsoft Dynamics AX, Sage, Oracle JD Edward and Tally ERP 9
? Expertise in performing high - financial analysis and dexterous in implementing the online accounting system & accounting package
? A keen analyst with exceptional relationship management & negotiation skills, including liaising with banks, financial institutions and various regulatory authorities
? Successful in leading corporations through turnaround and fast-track growth as part of Top Management team. Tolerant, soft and firm with excellent communication and interpersonal skills
? Total 4.10 years of UAE Experience
CORE PROFICIENCIES & SKILLS
? Accounts & Finance Operations
? Financial Accounts / Bookkeeping
? Petty cash Handling
? Accounts Payables / Accounts Receivable
? Bank & Debtors / Creditors Reconciliation
? Credit / Cash Management
? Fixed Asset Accounting
? Payroll Management
? Financial Statements
? Budgeting
? Customer / Supplier Queries Handling
? Inventory Valuations
? General Ledger Accounting
? Income Tax Compliance & Monitoring
? Internal Audit / Internal Checks
? Accounting Standards
? Business Solutions/Strategic Planning
? People & Team Management
? Client Relationship Management
? Process Improvements
? Executive Leadership
? Strong Communication skills
CAREER GRAPH
ORGANIZATION DESIGNATION DURATION
Oberthur Technologies ME FZE, Dubai, UAE Credit Controller Dec-15 - Present
LAMSA FZ LLC, Abu Dhabi, UAE AR Accountant Oct’14 – Dec'15
Elite Engineering FZ LLC, Dubai, UAE Accountant Nov’12 – Oct’14
Geofman Pharmaceuticals, Karachi, Pakistan Accountant Jan’07 – Nov’11
WORK BACKGROUND
Credit Controller +AR Accountant at OBERTHUR TECHNOLOGY Dubai, Dec-15 to Present
? Managing the credit management function along with AR for middle east and Africa region
? Follow up for payments with regular visits to key accounts such as NI, HSBC, Masheq, NBAD, Citi
? Enforce payment terms, follow-up and retrieve customer payments for all invoices
? Follow up with delinquent customers and negotiate settlement agreements as per credit policy.
? Reconcile customer account after submission of invoices and statement of account
? Every month send statement of accounts and get payment promise/ expected status from customer
? Follow-up with payment promise and expected with customers, emails/ calls and escalation
? Develop a good relationship with key customer frequently visit them to maitain customers
? To get payment allocation from customer and posted receipt on software correctly
? Resolve queries, disputed invoices and issue credit notes to customer if requried
? Closely monitor invoice dispatching to ensure that all invoices receive by customer on time
? Every week/ monthly make landing, collection and ageing report for management to review and escalate unresolved issue to senior level with comments on each customers.
? Send statement of account to customers monthly and when payment received
? Alert/ Flag to management on delay of payments and escalate to sales/ sales director
? Recongnize provision and identify bad debts infront of management
? Daily review payments and do bank eeconciliation and reconcile customer account as well
? Communicate and counsel credit department policy and procedures to internal parties.
? Undertake any other duties as required by the division from time to time.
? Weekly and monthly meeting with credit managers, Sales & Customer Service to ensure escalate the major issues on time and find action to solve them and follow-ups with them
AR ACCOUNTANT AT LAMSA FZ LLC Abu Dhabi, Oct-14 to Dec-15
? Monitoring and controlling AR or collection for middle east region
? Follow up for payments with regular visits to key customer, financial institutions like banks
? Visit with delinquent customers and negotiate settlement agreements & credit terms
? Reconcile customer account after submission of invoices and statement of account
? Every month send statement of accounts and get payment promise/ expected status from customer
? Follow-up with payment promise and expected with customers, emails/ calls and escalation
? Support Sales to decide/ modify credit terms for new and existing customers
? To get payment allocation from customer and posted receipts on ERP
? Resolve queries, disputed invoices and issue credit notes, rebate to customer if required
? Closely monitor invoice dispatching to ensure that all invoices receive by customer on time
? Every week/ monthly make landing, collection and ageing report for management to review and escalate unresolved issue to senior level with comments on each customers.
? Prepare, posted and send invoices. Credit notes & debit notes via email/ courier and get acknowledgment from customer (invoices only make when there is a purchase order from customers)
? Monthly make invoice register and reconcile with books of accounts
? Alert to management on delay of payments and escalate to senior management
? Recognize provision and identify bad debts in front of management
? Daily review payments and bank reconciliation and reconcile customer account as well
? Undertake any other duties as required by the division from time to time.
? Weekly and monthly meeting with credit managers, Sales & Customer Service to ensure escalate the major issues on time and find action to solve them and follow-ups with them
? Strong relationship with banks in order to get good rates on transfers or track un-identify payments
? Check expense & travel claims for Sales and posted in ERP System
? Send on weekly, monthly basis landing, ageing file to management, incl sales, customer service, customers
? LC documentation specially for Nigerian customers, coordinate with bank and customer to secure LCs, ensure collection is done on time, continuous follow-up with bank & customer to get SWIFT/ payment details
? Support External Audit of collections and to finalize audit report, working with KPMG, E&Y
ACCOUNTANT AT ELITE ENGINEERING FZ LLC Dubai, Nov-12 to Oct-14
? Responsible for Petty Cash/ Cash control, to receive incoming revenues, maintain a petty cash fund, process transactions, and check disbursements/ reimbursements
? Reconciling expenses and posting to their proper head of account in general ledger, daily operations of accounts and make effective decisions
? Efficiently preparing Monthly Bank reconciliation for all bank accounts to the general ledger, prepare adjusting entries necessary to make corrections to appropriate accounting records
? Performing payroll processing, month-end closing and calculate End of Service compensation
? Make entries of Bank & Cash Payment/Receipt/Journal/ Contra Vouchers
? Preparing Final Accounts, including Trial Balance, Income Statement, Balance Sheet and Cash flows quarterly, half yearly and yearly basis and presented to management.
? Preparing weekly, monthly and yearly reports of budget & expenses, make variance analysis
? Accountable for financial data recording on the books of accounts as per the IFRS/ GAAP
? Preparing Asset Register and managing any disposal of Fixed Assets
? Responsible for preparing any particular reports on request on management (MIS Reporting)
? Expert in making of Chart of Accounts for any industry, expert in project accounting
? Liaison with Bank Staff & Accounting Software Consultant for any queries
? Apply Accounting standards, principles and procedures to prepare accurate and timely financial reconciliations
? Manage all Outdoor work & Payments (Etisalat/ Du, Dewa, suppliers etc.)
? Efficiently handling Government Services – TECOM/ PRO Work
? Involve in Visa related work – Entry permits, employment Visa, renewal, cancelation, dependents visa, Government transfer, dependent transfer, also manage tourist and visit visa
? Responsible for Office related work – Company formation, New License/ renewal, community fees, changes of share capital/ Shareholder
? Managing other Tecom work & Renewals – PO Box, Establishment Card, Service Amendments, Immigration Clearance, Salary Certificate, Misc. Amendment requests
? Accountable for Office Tenancy Agreement/ Ijari renewal
ACCOUNTANT AT GEOFMAN PHARMACEUTICALS Karachi, Jan-07 to Nov-11
? Responsible for Purchase and Sales Ledger Accounts, petty cash, Bank Reconciliation, Control & Reconcile Expenses and posted to their proper head of account, Sales Invoicing, as well as the daily operations of accounts & make effective decisions
? Worked with customers to control payment terms and solve Invoice queries
? Prepared reports on different aspects of the business on weekly, monthly and yearly basis and daily registration of Invoices, Credit & Debit Notes
? Compiled daily tax collections into a report which is then presented to the tax board
? Posted Adjustment Journal double entries/ Reversals/ Accruals/ Prepayments
? Individually reconciled Nominal Ledger with books of prime entries.
? Reconciled monthly Cheques reports/ Supplier Statements and issue of Payments
? Involved in Creditors & Debtors Monthly & Annual Reconciliation
? Processed Invoices with corresponding nominal coding
? Processed salaries of all employees, including time administration
? Performed payroll processing and month-end closing of payroll
? Attended and coordinated with employees to resolve queries in relation to payroll related issues
? Prepared end of Service calculations for approval
? Maintained high level of confidentiality, manage good relations with the HR department
? Improved efficiency and constantly finding new ways of doing things better
? Verified Recorded and banked remittances from customers
? Controlled Cash Book & make Reconciliations
? Dealt and communicated with Bankers for financial matters
? Maintained daily bank transaction reports and handled the balance in outgoing and incoming funds, Issuing Cash and expenses for staff
CERTIFICATIONS & TRAININGS
? Association of Chartered Certified Accountant from ACCA, UK
? Advanced Excel & Financial Modelling Certificate from PwC Academy ME in 2013
? Attended Audit & Audit Reports Workshop
ACADEMIC CREDENTIALS
B. Com. from University of Karachi in 2007
COMPUTER SKILLS
? Windows/ MS Office
? Sage line 500
? Tally ERP
? Sage
? QuickBooks
? Oracle JD Edward (A/R, A/P, GL)
PERSONAL MINUTIAE
Date of Birth: 06th August, 1987
Languages Known: English, Urdu, Hindi & Basic Arabic
Location Preference: Dubai - UAE
Passport Details: MY1157222, Valid Till: 20th April, 2023
Visa Status: Employment Visa (JAFZA Freezone)
Marital Status Married