Haroon Rasheed Email & Phone Number

Dubai, United Arab Emirates

Started a new role as Procurement Executive at Ejadah Asset Management.

Dubai, United Arab Emirates

Bank and Treasury Obtain the bank statements on a daily basis and report the management on the collections received and cheques cleared. Applying for short term loans (Bills Discounting) Calculating and matching loan schedules and ensure timely payments. Management of funds from different accounts. Bank reconciliationsSupplier Invoice Booking And Payments Responsible for all the Accounts Payable related functions including inter office transactions. Ensure that advances issued to suppliers are settled on timely basis. Creating and clearing supplier accruals. Monitor the Accounts for the local suppliers, prepare aging analysis, reconcile the accounts on a timely basis and ensure the timely payment. All payments are via cheques or bank transfers. (Manual and online)Petty Cash Claims And Reimbursements Supervise the dealings related to petty cash and ensure that all the transactions are carried out with proper supporting documents and approval.General Accounting Verify, allocate, post and reconcile journal entries in the system and ensure accuracy of data. Preparation of Input VAT reports and forward to management for further actions. Reviewing expenses accounts for the month. Monitor and maintain the asset and prepaid expenses schedules and report on monthly basis. Assist in Management Accounts Reports. Preparing Variance Analysis Reports. Assist in the monthly and yearly closing of the books of accounts. Assist in required data by Auditors and Management. Preparation budgets as per Management Instruction.

Uae, Dubai.

Uae, Dubai.

Lahore

Fixed Assets (Key result areas and activities)Fixed Assets Additions and DisposalsReporting of capital work in progress and prepare reports analysisMonthly / Quarter / Annual Financial Accounts Reporting and PresentationsMaterials and Spare Parts Inventory AccountingEnsure that an accurate and timely fixed asset register of over 29 billion is maintained in the SAP fixed assets module. Imports (Key result areas and activities)Opening of Telegraphic Transfers, Contracts and Letter of CreditsRates Negotiation with different Banks, Funds Arrangements for Payment to SuppliersAdjustment of Custom DutyPayment to Clearing AgentsPreparation of Monthly Income and Sales TaxCosting for GR and IR vouchingMaintained business with 26 banks to Rs. 5 billion during year 2013 and provided support to internal customers in relation to financial reporting, budgeting, forecasting and inventory needs in order to meet the business needs.Insurance Handling (Key result areas and activities)Fire Insurance (P&M, Building, Office Equipment, Stocks, CWIP & Loss of Profit)Marine (Open Cover for Imports, Exports and inland purchases)Motor (Cars, Heavy Vehicles, Motorcycles and Third Party Vehicles)Miscellaneous (Erection All Risk, Fidelity Guarantee, Boiler Pressure Vessel, Workmen Compensation, Cash in Safe, Cash in Transit, Money Insurance, Travel Insurance, Director’s Liability, Third Party Liability, Group Personal Accident and Burglary Insurance) Negotiate Rates and maintain relationship with insurance companies.Claim Management Fire, Marine, Motor and MiscellaneousComprehensive and cost-effective insurance coverage of Rs. 67 billion is maintained. I have also carried out contractual risk evaluations to ensure that all capital and human assets, insurable risk and liabilities of the company are adequately covered. Beside many minor and small claims I have also managed and settled biggest loss/claim in history of Packages limited amounting to Rs. 790 million.

Inventory Accounts- Insurance Handling - Underwriting - Claims Management- Fixed Assets Management - Additions / Deletions to Assets - Monthly Capitalization of Fixed Assets - Imports Management - Opening of L/C and Contracts - Clearing of Consignments (LHR and KHI) - GRN (Goods Received Notes) - Payment arrangements to Imported and Local Vendors - Monthly Sales Tax and Income Tax ReturnsSales Accounts- Exports- Sales Invoicing- Agency Commission- Freight Payments To Local Truckers

Key Responsibility were- Cash Handling- Unloading of Fuel/Gas - Personnel Management- Account Keeping

Accounts Manager- Cash Handling- Unloading of Fuel/Gas- Personnel Management- Account Keeping

Masters In Business Administration, Business, Management, Marketing, And Related Support Services

Activities and Societies: I have participated in University's Cultural Programs on yearly basis and i was part of leading team.

Bachelors In Business Administration (Hons), Banking, Corporate, Finance, And Securities Law

Activities and Societies: University Society