Mohammed Aqueel Ahmed Farooque Email & Phone Number

Dubai, Ae

Dubai Investment Park

Accounts Receivable Management, Bank reconciliations,General Ledger,Payroll, Export LC documentation, Inventory,Costing,Financial Statements and reporting.

Al Garhoud, Dubai, United Arab Emirates

 Managed accounts payable, invoice validation, and payment processing following established guidelines, resulting in accurate and timely payments to suppliers. Oversaw retail lease accounting, including lease agreement review, entry validation, and maintaining the lease schedules, supporting leasing and operations teams. Conducted accounts payable aging reviews and cleared unclaimed balances according to company guidelines. Efficiently managed accounts receivable, tax invoices, tax credit notes, reconciliations, and intercompany balances, ensuring accurate financial records. Led month-end and year-end activities, including provisions, trial balance review, and reclassification entries. Conducted general ledger account reconciliations and proactively resolved discrepancies. Managed prepayment amortization, asset depreciation, and maintained the fixed asset master. Prepared monthly schedules and bank reconciliation statements, ensuring financial accuracy. Analyzed profit and loss statements and performed monthly expense variance analysis. Prepared and reviewed financial statements, including balance sheets, income statements, and cash flow statements. Supported budgeting and forecasting activities to facilitate sound financial planning. Assisted the VAT team in the preparation of VAT returns, ensuring compliance with tax regulations. Guided and supported team members with accounting queries, fostering a collaborative work environment. Assisted senior management in streamlining financial processes, contributing to increased efficiency. Collaborated with stakeholders to facilitate effective financial transactions. Managed external and internal auditor relationships, ensuring compliance with accounting policies and standards. Project: Implemented ECM software for invoice automation and worked on utilities invoice automation using Serina Software.

Dubai, United Arab Emirates

 Managed accounts receivables, including booking receipts, allocating payments, and preparing customer statements of accounts. Generated customer ageing reports and conducted periodic reviews of unapplied receipts, ensuring timely resolution. Handled inward remittances and verified customer balances for accuracy. Prepared collection reports and unidentified receipt reports. Coordinated with cross-functional teams (credit control, CRM, sales admin) to meet customer requirements effectively. Controlled post-dated cheques (PDCs), tracked issuances and receipts, and managed the process for returned cheques. Prepared bank reconciliation statements and credit card reconciliation reports. Conducted thorough invoice checks and forwarded invoices for approval, reducing errors and discrepancies. Accurately booked payments to suppliers, maintaining financial accuracy and timeliness. Thoroughly reconciled supplier statements, resolving discrepancies and maintaining transparent financial records. Verified contractual payments based on the completion of work, optimizing vendor relationships and financial control. Conducted inter-company reconciliations, ensuring accurate financial reporting across subsidiaries. Performed month-end closing entries and adjustments for accurate financial reporting. Assisted in the preparation of financial statements, including income statements, balance sheets, and cash flow statements. Collaborated with cross-functional teams to assist in the annual budgeting process. Provided crucial support to both internal and external auditors during the annual audit, ensuring compliance and accuracy. Liaised with banks and other financial institutions as needed to meet organizational financial requirements. Project: Led a successful Oracle implementation.

Dubai, Dubai, United Arab Emirates

 Utilized SageLine 50 to meticulously record all financial transactions, ensuring accuracy and compliance. Prepared and presented monthly management accounts, including detailed reports on Accounts Receivable, Accounts Payable, Cash Management, and General Ledger activities. Managed Accounts Receivable by handling invoicing, payment follow-ups, and posting of transactions. Oversaw Accounts Payable, implementing an efficient invoices approval procedure, monitoring costs, and processing payments. Maintained Cash Management by posting transactions, performing bank reconciliations, and preparing cash flow statements. Managed General Ledger activities, including handling prepayments, accruals, fixed assets, and inter-company transactions. Assisted in general administration tasks, including the filing of accounting documentation, handling phone queries, and verifying expenses. Maintained daily backups of accounting data and conducted weekly inter-office accounts reconciliation. Collaborated with the sales department on matters related to bank loans, insurance, and registration. Liaised with banks, insurance companies, manufacturers, and suppliers to meet organizational needs effectively. Coordinated with relevant parties for export, import, and shipments clearance. Provided management with various MIS reports on a daily, weekly, and monthly basis. Prepared financial statements, including Trial Balance, Profit & Loss account, and Balance sheet. Participated in interim and year-end audits to facilitate smooth audit processes.

Hyderabad, Telangana, India

 Review vouchers and record entries in the accounting system, ensuring accuracy and compliance with accounting principles. Conduct bank reconciliations, branch reconciliations, and monitor collections of accounts receivable. Handle payment issues, including the preparation of client account statements, cheques, and demand drafts. Prepare payroll, calculate salaries, deductions, and maintain petty cash for daily expenses. Generate MIS reports, including cash flow statements, receivables aging, and payables aging reports. Assist in the preparation of Trial Balance, Profit & Loss A/c, and Balance Sheet, reporting to the finance manager. Liaise with banks, suppliers, customers, and related parties to meet organizational needs efficiently.

Hyderabad, Telangana, India

• Conducted bank statement reconciliations to verify the accuracy of financial transactions.• Assisted in the preparation of individual and corporate tax assessment statements.• Participated in internal audits of public and private limited companies, cooperative societies, vehicle finance companies, manufacturing, trading, real estate, and construction firms.

M.Com, Business/Commerce, General

Bachelor Of Commerce - Bcom, Business/Commerce, General

Pursuing Cma – Usa.