Mohammed Ashfaq Samad Email & Phone Number

United Arab Emirates

Led financial planning, budgeting, and forecasting to align with company objectives and support strategic growth. Prepared and analyzed financial reports for management, ensuring accurate insights for decision-making.Ensured compliance with financial regulations and facilitated smooth audit processes (internal/external). Managed cash flow and implemented cost control measures to enhance profitability and liquidity. Developed and executed tax strategies to optimize the company’s tax position while minimizing risk. Oversaw risk management by identifying financial risks and implementing mitigation strategies.Directed investment and capital allocation decisions, providing data-driven recommendations to executives.Cultivated strong relationships with vendors and negotiated contracts to obtain favorable terms and pricing.Actively monitored and tracked expenses to ensure alignment with budgetary constraints and organizational objectives.

Bengaluru, Karnataka, India

Managed accounts payable/receivable and ensured timely vendor payments and collections. Prepared monthly, quarterly, and annual financial reports for management and stakeholders. Handled GST and TDS compliance, ensuring timely tax filings and avoiding penalties. Liaised with auditors and bankers, facilitating smooth audits and securing financing. Monitored budget performance, identifying variances and implementing corrective measures. Implemented internal controls to safeguard assets and ensure financial accuracy. Managed cash flow, optimizing working capital and maintaining liquidity.Oversaw payroll processing and ensured compliance with labor laws and regulations.Provided financial insights and recommendations to senior management for strategic planning

Dubai, Dubai, United Arab Emirates

Managed general ledger accounting and month-end closing in compliance with UAE accounting standards. Prepared financial statements and reports in alignment with IFRS and local regulations. Handled VAT returns and ensured compliance with UAE tax laws (VAT and withholding tax). Managed accounts payable/receivable, ensuring timely vendor payments and client collections. Reconciled bank statements, balance sheets, and accounts, identifying and resolving discrepancies. Coordinated with external auditors to facilitate audits and ensure accurate financial reporting. Assisted in budget preparation, forecasting, and variance analysis. Supervised payroll processes, ensuring adherence to UAE labor laws and Wage Protection System (WPS). Implemented internal controls to safeguard assets and ensure accurate financial records.

Dubai, United Arab Emirates

Managed all general accounting functions, including ledger maintenance and adherence to accounting standards. Oversaw accounts payable and receivable processes, ensuring timely vendor payments and client collections. Prepared invoices and followed up on outstanding payments to maintain healthy cash flow. Maintained and updated the company’s financial records, ensuring accuracy and alignment with policies. Prepared Trial Balance, Profit & Loss Account, and Balance Sheet for accurate financial reporting. Interacted with external auditors, providing necessary financial information and facilitating smooth audits. Assisted in budget preparation and financial forecasting, analyzing variances and implementing corrective measures. Conducted bank reconciliations and monitored cash flow to optimize liquidity.

Dubai, United Arab Emirates

Maintained and updated all payment and receipt entries on a daily basis, ensuring accurate and timely recording of financial transactions. Prepared payroll and performed bank reconciliations, ensuring accurate employee compensation and resolving discrepancies in bank statements. Managed petty cash vouchers and maintained a petty cash book, recording small cash transactions and ensuring proper documentation. Responsible for preparing invoices, ensuring accuracy and timely issuance to clients for services and products. Finalized accounts up to Balance Sheet, completing end-of-period accounting processes and preparing accurate financial statements.

Karnataka, India

Assists auditors in examining and analyzing accounting records, and prepares reports on the establishment's financial status and operating procedures. Inspects items in books of original entry to ensure proper procedures were followed in recording transactions.Counts cash on hand and inspects notes receivable and payable, as well as canceled checks, to verify accuracy.Verifies journal and ledger entries for cash and check payments, purchases, expenses, and trial balances by examining and authenticating inventory items.