Muhammad Ashfaq Email & Phone Number

Dubai, United Arab Emirates

Dubai, United Arab Emirates

Reporting Line: Head of Finance Prepare periodic/monthly bank reconciliation statement of all accounts Prepare monthly credit card reconciliation statement. Preparation of Payable Aging Report on a Periodic Basis Ensure the accuracy and timeliness of all GL accounts (Including AP/AR) and Trial balance. Ensure Sufficient balances are maintained with the Fuel Suppliers. Daily Cash Flow Management of the Company Preparation of “Open” and “Pending” SOs and POs… Show more Reporting Line: Head of Finance Prepare periodic/monthly bank reconciliation statement of all accounts Prepare monthly credit card reconciliation statement. Preparation of Payable Aging Report on a Periodic Basis Ensure the accuracy and timeliness of all GL accounts (Including AP/AR) and Trial balance. Ensure Sufficient balances are maintained with the Fuel Suppliers. Daily Cash Flow Management of the Company Preparation of “Open” and “Pending” SOs and POs on weekly and monthly basis. And liaising with operations and fuel team for pending invoices. Supervise the Revenue Accountants to prepare Invoices in an efficient and timely manner. Review and verify daily Invoices prepared by Revenue Accounting Team and ensure all invoices are accompanied with complete documentation. Ensure All Suppliers are paid on time, Maintain supplier contracts and vendor account opening forms. Maintain up to date documentation for all treasury activities Recording Outgoing & Incoming Payments in SAP Maintain Bank Ledgers in SAP, recording Credit Card Transactions in SAP. Maintain Exposures with Fuel Suppliers on daily basis Recording of invoice in appropriate supplier account and invoiced to client  Verifying the invoice dispute free at the time of processing for payment. Verifying the invoice for any possible duplications, Verification of Prepayment. Funds controlling through prioritizing payments, forecasting expenses with available resources. Account payables: Vendor Management by maintaining payment schedule, vendor-aging list, and ensure prompt payments. Account receivables: Customer Management by maintaining receipt schedule, debtor aging list, and ensure timely receipts. Maintained payroll accounting included employee’s payroll, salary structuring, employee’s deduction, and addition, etc. Ensuring all OPEX are posted in SAP, Recording of Accruals for operating expenses, Maintaining Prepayment Schedules, and their amortization Show less

Dubai, United Arab Emirates

Reporting Line: Regional Finance Manager To ensure prompt, efficient, and accurate invoicing to clients. To ensure customer debts are collected on time Supervise the Revenue Accountants to prepare invoices in an efficient and timely manner. Review/Verify Invoices Prepared by Revenue Accounting Team and ensure all invoices are accompanied with complete documentation Recording of Journal Entries related to AR Invoice or AP Invoice Preparation of Proforma… Show more Reporting Line: Regional Finance Manager To ensure prompt, efficient, and accurate invoicing to clients. To ensure customer debts are collected on time Supervise the Revenue Accountants to prepare invoices in an efficient and timely manner. Review/Verify Invoices Prepared by Revenue Accounting Team and ensure all invoices are accompanied with complete documentation Recording of Journal Entries related to AR Invoice or AP Invoice Preparation of Proforma Invoices, Invoicing to Clients & Circulation on time. Ensure accuracy of XML Invoices to Clients. Follow up for Acknowledgement of those invoices and settlement. Invoices must be accompanied with complete documentation (Fuel tickets, Catering Backups, Ground Handling Charge note and Airport Fees etc.) Responding to and resolving client queries, Creation of vendors and customers accounts. Assist in month end closing of open sales orders Preparation and adjustment of credit notes. Controlling credit and chasing debt. Preparing the Receivables every week for the customers. Record Incoming Receipts into SAP Responsible for Accounts Payable and Accounts Receivable. Preparation of Accounts Receivable Report on Daily Basis Preparing and sending statement of accounts to the customers on a Regular Basis Reconcile Statement of Account with Customers, Vendors and Handling Client Queries Ensuring that all documents required to receive payment are correct and complete Weekly cash collections forecasts. Forecasting of Client Exposures Recording of incoming payments and notifying the client as soon as the payment is received in bank. Cross check quantity, purchase price, quotations (if available), operation date, documentation for correct client name and aircraft registration. AP Invoice must be recorded in SAP before preparing a draft AR Invoice Quantity, selling price, quotation, aircraft registration, invoice date, due date must be verified while posting the AR Invoice Show less

Dubai, United Arab Emirates

Designation: Revenue Accountant – Regional Office (Jan. 2017 – Dec. 2018)Reporting Line: Regional Finance Manager Accountable for Invoice Administration, ensuring that all sales transactions are captured and processed in a precise and timely manner. Dealing with commercial team for price checking and analysis. Acknowledge supplier emails related to invoicing Prepare log sheet of invoices received from suppliers and OPS fuel team. Posting of invoices in… Show more Designation: Revenue Accountant – Regional Office (Jan. 2017 – Dec. 2018)Reporting Line: Regional Finance Manager Accountable for Invoice Administration, ensuring that all sales transactions are captured and processed in a precise and timely manner. Dealing with commercial team for price checking and analysis. Acknowledge supplier emails related to invoicing Prepare log sheet of invoices received from suppliers and OPS fuel team. Posting of invoices in SAP. Circulation of Invoices to Customers to with complete backups. Preparation of XML Invoices to Clients Follow up on pending invoices and payment status from all business partners. Resolve issues related to invoices, missing data, supporting documents, ensuring full and correct submission as per the company’s standards. Preparation of Proforma Invoices, Preparation of Credit Notes keep accurate transactions records. Posting entries, maintaining, and updating journals and ledgers. Maintaining Accounts on daily basis. Assist in month end closing of open sales orders Check sales and purchase orders in system. Processing purchase/sales invoices, receipts, and payments.  Preparation/Circulation of Invoicing Status Report Cash reconciliation at the end of every day. Maintains cash flow by monitoring bank balances and cash requirements. Managing petty cash and other bank transactions. Supervision of Daily Cash Movement. Supervision of Daily Cash Count Fulfill reporting requirements and provide timely reporting and analysis. Documentation of records, receipts, and reconciliations of daily/monthly/yearly transactions. Monitor payment dues, resolve discrepancies, and generate outstanding payment reports to Finance. Suggest or recommend changes to improve existing accounting/invoice processes. Respond to accounts inquiries from management by closing monthly accounts and submitting MIS reports to the management. Show less

Dubai, United Arab Emirates

Designation: Accounts Assistant – Regional Office (17 Feb. 2016 – Dec. 2016)Reporting Line: Senior Accountant

Pakistan

Marie Stopes Society: Marie Stopes Society (MSS) is a social enterprise, registered in 1990. MSS is a subsidiary of Marie Stopes International (MSI), a UK based organization with partners in 43 countries around the globe. Designation: Admin & Accountant – Regional Office (Jul.2012 – Nov.2015) Reporting Line: Administration & Finance Manager Receiving and processing all quotations, advances settlement, invoices, and utility bills payments. Making per diems, handling… Show more Marie Stopes Society: Marie Stopes Society (MSS) is a social enterprise, registered in 1990. MSS is a subsidiary of Marie Stopes International (MSI), a UK based organization with partners in 43 countries around the globe. Designation: Admin & Accountant – Regional Office (Jul.2012 – Nov.2015) Reporting Line: Administration & Finance Manager Receiving and processing all quotations, advances settlement, invoices, and utility bills payments. Making per diems, handling petty cash & fuel expenses of Regional Office, petty cash & fuel expenses processing of districts.  Preparation of invoices, accurate and timely financial statements and supporting financial information. Handling bank transactions (depositing & withdrawing cheques, different credit/debit cards processing, accounts & cards statements, online etc.) Payroll Preparation of Regional Office, Payroll processing of Districts & sending to Head office. Prepare daily journal entries and general ledger account reconciliation, maintain book of accounts. Record and maintain asset purchases. Dealing with Financial Institutions (banks, Exchanges) for transactional activities. Prepares payments by verifying documentation and requesting disbursements. Handled cash/ bank reconciliations for the company.  Collect and Deposit cash into Bank. Collect and make payments via Western union Ensure timely filing of Vouchers (Bank Vouchers, Cash Vouchers and Journal Vouchers) Maintenance of Bank/Audit Related Correspondences Receive a written or electronic account of all hours worked and leave taken by all employees for timekeeping data entry. Administrative responsibilities included office procurement, management of official stationery, travel arrangement, and supervision of domestic staff.  Preparation of documents like invoices, local purchase orders, quotations, and sales orders and proper filing of these documents. Any other task is given by the Regional Manager /District Program Officer Show less

Master'S Degree, Accounting And Finance, A

Bachelor Of Commerce - Bcom, Accounting And Finance, A