Burhan Shareef , Cma Email & Phone Number

United Arab Emirates

Dubai, United Arab Emirates

 In Collaboration with Budget Controller Issued monthly commitment and status reports on budget allocation and consumption for all entities under MOCA  Prepared monthly budget dashboard for all entities and presented to the management to decision making  Advised on budget availability and tracked budget per budget center to report remaining available funds. Reviewed purchase requisitions for budget conformance, recommended transfer of funds for non-budgeted items Prepared and defined approved budgets for all MOCA's entities in the system Reallocated and transferred budget between budget centers, documented with appropriate memos and management approval Monitored, identified, and communicated over-expenditure to management and respective offices Analyze variances between actual and budgeted expenditure and report to the Head of Department to formulate and discuss recommendations  Utilized budget management software (Oracle) to track expenditures and identify potential over-spending and Maintained the budget data in ERP Provided budget analysis and forecasting to support decision-making processes and optimize resource allocation Conducted monthly General ledger and Subledger reconciliation for business units  Ensured compliance with proper accounting practices while reconciling related party (intercompany) transactions and ensuring the balances are accurately record in all entities  Prepared prepayment and accrual schedules along with relevant JV’s and adjustments Coordinated with internal team members to ensure timely and complete month end closing activities Managed complete fixed asset cycle for all entities under MOCA and calculated depreciation using Oracle, preparation of CWIP/Addition/Disposals and Movement schedules for the auditors Assisted with the preparation of financial statements and financial reporting as required by Mngt Investigated discrepancies in Balance sheet & Income statement items and made necessary adjustments

Dubai, United Arab Emirates

Dubai, United Arab Emirates

General Ledger Accounting:Conducted regular reconciliation of balance sheet and income statement accounts to identify discrepancies and take corrective actionsReconciled foreign exchange accounts and proposed adjustment entries to account for gains and losses Managed pre-payment/advances/deposit accounts and ensured proper accounting practices and journal entries were implemented Prepared, reviewed, validated, and posted necessary journal entries during month-end closing process (e.g. provisions, accruals, adjustments) Supported the monthly closing process and assisted in the preparation of financial statements as per IPSAS Performed regular reconciliation of credit card, petty cash transactions and the Bank Statements (Bank Recon) Played an instrumental role in the successful implementation of the Oracle ERP system, ensuring that it met the company's needs and goals. Collaborated with cross-functional teams to gather requirements, develop project plans, and oversee project timelines for the ERP implementationFixed Asset Accounting: Monitoring and tracking capital purchases (CAPEX) for timely asset capitalization for all entities under MOCA Responsible for account reconciliation for fixed asset-related accounts Verification of fixed assets account to ensure all transactions are properly capitalized as per company policy Update the fixed asset register on a monthly basis to account for additions and disposals Prepare the fixed asset related schedule for monthly closing, ensuring accuracy and completeness Verifying all expense accounts monthly to check if there is a need for capitalization Tracking all work in progress, preparing its schedule, and coordinating with the project team to ensure reclassification to respective fixed asset account and depreciation when the asset is operative Calculating depreciation manually and posting its entries monthly Successfully preparing bar-coded fixed asset register for proper asset tracking

 Validating supplier invoices with purchase orders and supporting documents and processing them in the system Ensuring accurate cost and profit center accounting for received invoices Performing regular vendor reconciliations to match books with vendor statements and clear any outstanding items Monitoring the team and resolving invoice queries from suppliers in a timely manner Following up with banks and internal teams to resolve issues relating to supplier payments Completing all AP activities for quarter closing to meet management deadlines Reviewing and responding to statements of account from vendors and providing payment information Providing weekly payment reports and aging reports to the finance manager Ensuring all expenses and transactions made through credit cards have proper supporting documents as per company policy Identifying errors and deviations and taking corrective actions in a timely manner

Hyderabad Area, India

Accounts Receivable: Prepare Receipt, Cash Deposit into Bank & do remittance on daily basis as per bank statement. Review, Approve Property Sales & Leased Related Contracts after matching with S.P.A & R.A.F. Timely follow ups for Outstanding Collections (bounce cheque), Coordinating with Sales Supervisor for bad debts. Ensure the issuance of necessary debit/credit notes for Customer accounts reconciliation & obtain balance confirmation from respective customer. Prepare Ageing Report monthly & Provide Bad Debt at year end as per the Company Policy. Prepare bank reconciliation Statement on monthly basis. Reconcile AR control account, its related account & Matched with Trial balance Solving the disputes between the tenants & owners & creation of customer IDAccounts Payable:-  Prepare AP schedules like AP Trial Balance & AP Movement for the auditors. Verification of GRN, Invoices & Processing of Payment with relevant documents (including 3 way matching) Co-ordination with the suppliers and doing Supplier Reconciliation on monthly basis. Verifying the accuracy of invoices and booking them in accounting system. Monitoring the prepayments & expensing out monthly. Prepare Monthly Bank Reconciliation Prepare JVs for Stale Cheques Bank charges etc. Reconcile CWIP & Retention balances quarterly and accrual of CWIP and Operational expenses. Daily and Weekly cash flow statement to treasury Coordinating with bank for day to day transactions.General Ledger & Management Accounting:- Passing necessary journal entries related to bank accounts. Passing the accrual journal entries related to expenses & revenues for the period. Reviewing Receivable ageing summary,Provision of Bad Debts & making adjustments as required. Assisting in monitoring and allocation of common cost to respective projects Assisting the line manager in timely closing of financial statement Assisting in preparation of budgets & management reports(MIS)

Master Of Business Administration (M.B.A.), Finance, General, 70 Out Of 100

Master'S Degree, Cost And Management Accounting, 1 Division

Activities and Societies: ICMAT TRAINING MODULE, COMPUTERIZED ACCOUNTING TRAINING MODULECOST AND MANAGMENT ACCOUNTING