Mohamed Asfar Email & Phone Number

Managed monthly payroll and WPS process, ensuring timely and accurate employee payments. Prepared and posted journal entries into the general ledgers, maintaining accuracy in financial records. Reviewed income statements and balance sheets to identify variances, providing management with actionable insights. Conducted thorough reconciliation of accounts payable (A/P), accounts receivable (A/R), and bank statements. Ensured timely and accurate completion of balance sheet reconciliations and month-end closures. Compiled monthly management accounts and annual financial reports. Reviewed the work of accountants to ensure accuracy and compliance with financial regulations. Assigned tasks and responsibilities based on team members' strengths and workload. Liaised with auditors to facilitate audits and ensure compliance with accounting standards and regulations.

Qatar

 Managing monthly payroll & WPS process. Handling LC-related process. Managing the Accounts Payables & Accounts Receivables. Preparing monthly management accounts, Annual reports. Handling Petty Cash. Perform month-end accounting activities such as reconciliation, and passing journals. Performing monthly inventory verification and making sure fixed asset register. Assist in auditing activities by providing necessary information and preparing requested documents.  Implement the internal controls in accounts department.

Al Rayyan, Qatar

 Managing monthly payroll & WPS process. Handling LC-related process. Managing the Accounts Payables & Accounts Receivables. Preparing monthly accounts. Handling Petty Cash. Reconciliation A/P, A/R, Bank, etc...

Colombo, Sri Lanka

 Reviewing monthly financial reports/ statements & other records to verify the accuracy, & conformance to IFRS. Handling complete financial functions of the system, specializing in general accounts, accounts payable, accounts receivable, expense reporting, reconciliations and cash management. Reviewed and changed the existing Internal Control policies to ensure the accurate controls in place in Finance Department such as proper application of Financial reporting standards, procedures of supplier and customer payments, petty cash process, bank reconciliation procedures etc. Fabricating/ posting journal entries on accruals, prepayments, banking, inventory, payables/ receivables. Effectively apply technology tools and software in assigned areas. Compiling, reviewing & filling returns of tax ( VAT,WHT, NBT, etc.) Liaising with suppliers, Auditors & Bank of the company. Resolving accounting discrepancies as and when it’s raised Review whole monthly payroll process prepared by the assistant. Developed required reports encompassing department wise performance for Top Management decision making process. Achieved accuracy and time reduction of various day to day processes by implementing financial formulas to the spread sheet workings which gave more time for reviewing before signing off those processes.

Sri Lanka

 Planed and designed overall internal controls procedures in finance division. Trained and mentored subordinates ensuring adherence to sound accounting practices. Fabricating/ reviewing/ analyzing AR records & other financial reports to assess the accuracy, completeness, & conformance to report. Monitor/ peruse monthly revenue trends &report variance to top management. Assist in the preparation of statutory financial statements. Assure proper internal controls and compliance to company policies, local accounting standards and regulations. Intercede with government bodies, auditors and external stakeholders on accounting matters. Review and assist in the negotiation of all financial arrangements.

Colombo

 Acquire knowledge of state tax laws and ability to examine tax returns for compliance. Preparation of Books of Accounts, which includes Preparation of Cash and Bank Book, Petty Cash Book, Bank Reconciliation Statements, Journal entries, Control Accounts and Posting entries to General Ledger and Subsidiary Ledgers. Taxation, which includes Preparing VAT summaries and NBT Summaries, and Filling VAT Returns and Income Tax Returns, and Computation of Income Tax. Work involving Inventories, which includes Participating in Stock taking, Reconciling Stock Ledger with Bin Cards and Physical Stocks, and preparing reports on Stock taking. Calculation of EPF and ETF

Bachelor Of Commerce (Bcom), Business/Commerce, General

Chartered Accountant, Accounting, Executive