Ayaz Mohammed Email & Phone Number

Masqaţ, Oman

Financial Planning & AnalysisBudgeting & Financial ControllingFinancial Reporting & Management AccountingProject Budgeting & FinancingFinancial reports using SAP BI, SAP BW, Power Point, Power BI

Jlt, Dubai. Uae

• Monthly Financial Reporting, General Ledger Reconciliations and Variance Analysis.• Bid & Perf. Bond, Bank Loan, Credit Limit, Bank Guarantee, Financial Negotiation.• Budgeting – Sending empty budget formats to department managers for their contributions & feedbacks, Challenge their cost estimates, get their explanation & discuss with CFO, Keep control over the utilisation of budget and variance analysis of budget and actuals on monthly quarterly and annual basis.• Financial Planning and valuation of new business proposals and projects.• Project costing, Project forecasting, Project reporting.• Variance analysis of actual expenses on a monthly, quarterly and annual basis.• CAPEX and OPEX Accruals, Charges, and Amortisation.• Working capital management & Cash Flow Forecast. • Check and approve the monthly payroll.• Intercompany transactions, calculation & back charge of shared costs and intercompany reconciliations.• Maintain FA Register, Fixed assets additions, transfers and depreciation accounting.• Prepare accrual schedules & accounting of Gratuity, Sales Bonus, Annual Bonus, Agent Commission, and Withholding Tax.• Computation of VAT and reconciliation with GL account.

Dubai. Uae

• Prepare Balance Sheet, Profit & Loss Account on a monthly basis.• Prepare monthly, quarterly and yearly Budgets and Forecasting.• Prepare variance statements of Budget Vs Actuals.• Prepare General Ledger Reconciliations in Blackline software.• Variance Analysis of monthly, quarterly and yearly actual results.• SOX compliance & corporate reporting related to SOX & US GAAP.• Prepare reports & solve queries of Internal & External auditors.• Cash forecast on a monthly and quarterly basis.• Intercompany transactions and reconciliations.• Project accounting, POC entries and monthly project reports of EPC contracts.• Fixed assets and depreciation accounting and inventory valuation & accounting.• Check, Analyse and release payments of monthly payroll through Citidirect.• Approve payments to vendors and pmts of exps claims complying with Authority Matrix.• Prepare accrual schedules of Severance (Gratuity) and STI (Bonus).• Prepare and post accounting entries of Payroll, Accruals, Provisions in Oracle.• Post provision for open purchase orders in Oracle. • Check and approve all invoice entries, month-end closing & accrual entries.• Run all the interfaces and close all accounting modules in Oracle.• Computation & payment of Withholding tax, Payroll tax & Corp tax in Iraq & Oman.Key Achievements:• Established an accounting procedure in the UAE office.• Established a timely payment system of vendors through internet banking.• Grow & Lead staff accountant team.• Always achieved month-end closing deadlines.

Dubai. Uae

• Balance Sheet, Profit & Loss A/C and Cash Flow Projections.• Project Accounting, Project Costing, Project Reporting.• Expenses, Sales, Cash/Bank, Payroll, Asset & Depreciation Accounting. Accounts Payable/Receivable.• Web Banking, Local/Foreign payments and Bank Reconciliation.• Corresponding/Liasoning with Suppliers, Customers, Agents & Banks.Key Achievements:• Contributed in implementation of SAP system.• Introduced internet banking system for bank payments.

Dubai. Uae

• Balance Sheet and Profit & Loss A/C for Dubai region.• Monthly MIS, Monthly Budget & Cash Flow Statement.• Accounts payables/receivables for Dubai region.• Supplier payments through STS (Straight Through Service).• Reconciliation of supplier, customer & control accounts.• Reconciliation of Inventory/Stock ledger.• Monitoring & Accounting of tenants sales and profit margins.• Follow up for recovery of Debts.• Entries of settlement discount, rebate, display rentals, listing fees, early growth rebates.• Passing provisional entries for month end.• Liaison with suppliers and customers for queries.• Supervision of stock counts in stores.• Reports to management - Negative margins in sales.Stock aging reports.Debit balances in supplier accounts.Profitability report (Supplier wise).Key Achievements:• Insured timely payments of suppliers to save settlement discounts.• Recovered debts from suppliers and customers.

Manama. Bahrain

• Independently handled accounts of Bahrain region.• Preparation of monthly MIS and monthly Budget.• Computation of budgeted sales figure for budgeted cash flow.• Preparation of Balance Sheet and Profit & Loss Accounts.• Assisting in preparation of annual budget.• Preparation of cash flow and fund flow statements.• Passing provisional entries.• Correspondence and negotiation with bankers for fund transfer rates and other banking matters.• Monitoring expenses.• Inter-regional account reconciliation.• Monthly reconciliation of purchase, sales and inventory accounts.• Scrutiny and reconciliation of debtors & creditors ledger.• Consignment costing.Key Achievements: • Introduced accounting policies and procedures.• Saved finance charges by proper fund flow planning.• Introduced cost control measures in production line.• Saved demurrages by valuable advices.

Mumbai. India

• Independently prepared Profit & Loss A/C and Balance Sheet.• Independently dealt with auditors.• Independently handled banking matters.• Maintained fixed asset register.• Calculation of depreciation and entries of depreciation.• Passed monthly provisional entries for MIS.• Maintained inventory records at factory level.• Prepared bank reconciliation.• Preparation and accounting of payroll.• Income tax, Sales tax and Excise duty.

Mumbai. India

• Internal Audit, Management Audit, Statutory Audit and Tax Audit of Public Limited Companies.• Computation of Income-Tax.• Checking of Excise records and Custom Rebates.

Cma, Decision Making, Budgeting, Costing

C.A (Inter), Financial Accounting, Auditing, Costing, Taxation

B.Com (Bachelor Of Commerce), Accountancy And Taxation