Arsalan Shahzad Email & Phone Number

Dubai, United Arab Emirates

United Arab Emirates

Responsibilities Include:-Formulating and maintaining company accounts. -Posting day to day entries & keeping records.-Preparing and issuing invoices to clients.-Booking and analyzing revenue from all revenue streams (Services & Products)-Booking of various types of royalties based on revenue recognition.-Booking of all expenses including petty cash, utilities, bandwidth, rentals, insurances, and corporate card payments etc. -Reconciliation of company’s bank accounts in various currencies.-Processing funds transfers to accounts as and when required.-Tracking of receivables and follow-up for overdue invoices.-Keeping track of parables, processing payments, keeping cash flow position intact.-Handling post-dated cheques, prepayments, advances and deposits to the third parties.-Managing expense claims reimbursement, deductions relating to employees and booking of payroll each month.-Maintaining fixed assets register, fixed assets schedules, assets tagging, acquisition, disposal, depreciation, amortization and reconciliations with the general ledger each month. -Maintaining schedules of accruals, prepayments, withholding taxes, loans and interest payments, employee advances, employee reimbursements, billable items cross charged to clients, travel advances, vendor advances, rentals, insurances, revenue streaming, and expenses as part of each month’s closing.-Booking debit and credit notes issued by related parties for expenses incurred and amounts received on behalf of Dubai office.-Issuing debit or credit notes to related parties.-Reconciliation of related party accounts and related party movement on monthly basis.-Monthly variance report to the management including ratios calculation and possible reasoning for differences.-Finalizing financial statements and providing all required information and support to the company’s auditors.

United Arab Emirates

Responsibilities:-Monitored, reconciled and recorded daily cash and credit sales to various vendors and customer.-Supervised and maintained cash flow of the organization to an appropriate level.-Recorded payments, receipts, petty cash expenses, sales, utilities and stock adjustment vouchers.-Prepared receivable aging and ensured active follow up for the payments to maintain cash inflow. -Monthly profitability statement, cash flow statement, expense analysis, monthly sales report, segment and location wise.-Bank reconciliation Statements.-Reconciled Intra Company accounts and settlements.-Prepared staff salaries, overtime calculations and payments via WPS system and recording of journal, receipt and payment vouchers in customized ERP software known as Financial Insight.-Point of contact for bank dealings and telegraphic fund transfers. -Performed stock taking, stock analysis and prepared various reports relating to most profitable and most sold brands to aid management in decision making regarding procurement and stock disbursement.-Recorded accruals, prepayments, unearned revenue and their subsequent recognition.-Maintained fixed assets schedule, recorded depreciation, amortization, additions, disposals and net book values.-Arranged meetings with wholesale clients to form joint marketing strategies for business development and growth.-Presented Inputs to higher management for cost cutting, niche marketing, and horizontal diversification.-PESTLE analysis on ad-hoc basis to keep in notice of management the outer world challenges that can impact the business.-SWOT analysis to highlight weaknesses and remedy them and maximize strengths to grab all available opportunities and avoid threats. -Finalized accounts, performing adjusting entries, obtaining supplier and bank confirmations.-Communicated with the company auditors and providing them all necessary documents and schedules to finalize the work.

Islamabad, Islāmābād, Pakistan

Budgeting Domain-Preparation of Quarterly, Bi-Annual & Annual budget templates and budget forecasts for assigned departments.-Understanding department and its budget driving activities keeping influence of inflation intact.-Conducting discussions and acquiring justifications for budget required by the budget holders.-Finalizing approved budget for the year after conducting various budget revisions and genuine budget cuts.-Keeping record of month to date and year to date utilization of assigned budget.-Conducting variance analysis based on the over runs & inquiring the reasons for fluctuations.-Continuous interactions with concerned departments having unforeseen expenditures such as Legal.-Assisting departments in budget transfers/ obtaining additional budgets based on the change in level of activity.-Keeping track of organizational head count to keep the track of increased/ decreased HR Cost.Analysis Domain:-Preparation of customized analysis template to acquire data form Data ware house.-Ensuring accuracy of data based on past trends and its correlation with current activities.-Conducting Quality & Performance Analysis of Various Promotions, Campaigns and ongoing Packages for the management to rate the performance of Departments and their products.-Rating the products and packages based on their Revenue per subscribers, Usage per subscriber, over allgross margin, ROI, Breakeven point, stickiness and loyalty of the subscribers.-Giving recommendations and outcome of the conducted analysis for the better decision making.-Preparation of monthly statistical data base useful in conducting quarterly analysis, obtained from varioussources such as, internal (IT & Data ware House), Marketing & Sales to external such as competitorsavailable details, interest rates, Currency rates etc.-Preparation of monthly subscribers and Network Journal Vouchers.

Bsc (Hons), Accounting And Business

Associate Certified Accountant, Accounting And Finance