Muhammad Ashfaq Email & Phone Number

United Arab Emirates

 Preparation and recording of Assets, Liabilities, revenue, and expenses by compiling and analyzing accounting information. Prepare and administered payroll for a team of agents, ensuring accurate calculations based on varying commission rates. Prepared comprehensive financial reports detailing expenses and revenue for individual events. Compiled and analyzed key financial reports, including profit and loss statements, balance sheets, and cash flow statements, to support strategic decision-making. Ensured accuracy and clarity in financial documentation to facilitate informed financial planning and forecasting. Monitor the compliance issues of AML (Anti Money Laundering) requirement. To oversee and management of the escrow accounts. Compiling and preparing VAT working and submit to tax manager for filling. Implemented effective control measures, identifying and mitigating potential risks to enhance operational efficiency. Reconciliation of bank statements, tenants and Landlord SOA. Ensured timely collection of outstanding payments and efficient processing of vendor payments, improving cash flow management. Monitored and analyzed the General Ledger of the parent entity to ensure accurate data identification and transfer to relevant subsidiary entities. Reviewed and processed journal entries in the ERP system, ensuring accuracy and relevance of financial records.Supported department-specific budgeting and strategic decision-making through detailed financial analysis. Reconciles general and subsidiary bank accounts by gathering and balancing information. Monitored and ensured adherence to all applicable financial regulations, including VAT and RERA, across the organization. Coordinate with the CFO with day-to-day accounting tasks, contributing to the smooth financial operation of the organization. Managed the collection and deposit of cheques, ensuring timely and accurate processing.

Dubai, United Arab Emirates

Prepared, verified, and processed invoices, ensuring accuracy and timely payments to vendors.Entered financial transactions into accounting systems, maintaining accurate and up-to-date records.Tracked and reported employee expenses, ensuring compliance with company policies and timely reimbursement.Provided administrative support to the accounting team, including scheduling meetings, preparing reports, and handling correspondence.Assisted in month-end closing processes by preparing and posting journal entries and reconciling accounts. Reviewed and verified financial documents for accuracy and completeness under supervision.Participated in training activities, including workshops, courses, and on-the-job training, to develop accounting skills and knowledge.Handled inquiries from clients and vendors regarding account status, payments, and transactions. Utilized accounting software and systems to manage financial data and generate reports.Oversaw the petty cash fund, ensuring proper allocation, replenishment, and reconciliation in accordance with company policies.Maintained accurate records of all petty cash transactions, including receipts, vouchers, and supporting documentation.

Faisalabad, Pakistan

 Preparation of cash collection and disbursements reports on monthly basis Streamlines all the process of bank Performed Bank reconciliation on daily basis. Maintenance of non-current assets register Payroll calculations of the company. Coordination with internal and external audit functions Preparation of account receivable collection reports Prepare required monthly, quarterly and year-end financial reporting schedules. Prepares monthly financial statements including Financial Position, Comprehensive Income Statement, and cash flow statement. To instruct employees on the correct standards and procedures and to handle their problems regarding their daily work. Prepare budgets as a whole & allocate budget to each cost centers separately for performance measure. Measuring performance of each cost centers independently with actual results. Providing Ad-hoc reports on all the business aspects, financial as well as non-financial information. Review schedule of prepayments, accruals & other month end adjustments, to ensure month or yearly books are closed properly. Supporting External and Internal Audits with requested reports and provided documentation management. Managed the tax matters of VAT, income tax, tax reporting and tax return further ensure the tax compliance and tax reporting.

Faisalabad, Pakistan

 Worked on company specific Revenue Receivable (RRS) and Global Equipment Management (GEM) system. Preparation of reports on Revenue, Waiver, Credit analysis and AR reports analysis. Weekly account Receivable aging analysis and payable aging analysis. To ensure that all employees do understand fully and adhere to the property’s employee rules and regulations, as well as to the property’s policies relating to fire, safety, and health Prepare the financial statement and financial position variance analysis and perform a monthly review with the CFC as per IFRS. Reviewed and analyzed audit results; collaborated with management in the development of appropriate courses of action including alternatives, resolve flaws, weaknesses, pressing issues and all areas of concern. Preparing and Analyzing Financial Performance and Position of all the business Units on Monthly basis and communicating the finding to HODs & CEO for review. To monitor & evaluate all the tasks carried out by the Finance Executive and Finance Supervising month end closing, conducting ad-hoc variance analysis before closing and sample-based GL audit for ensuring variances conforms to the actual events and proper posting of transactions. Bank Reconciliation Statement on daily basis. Dealing with company’s banks for remittances matters

Faisalabad Pakistan

• Bookkeeping• Inter-company branch reconciliation• Performed bank reconciliation of the company.• Ensured ledgers are always up to date. • Produce daily sales report.• Preparation of financial statements (Statement of Profit & Loss, Balance Sheet, Cashflow Statement) and performed month end closing.• Coordination of Internal auditor.• Monthly stock taking and prepared stock reports.• Maintained fixed assets schedule and record monthly deprecation expenses.• Prepared budgets.• Managed payments and receipts of payable and receivables.

Acca, Accountancy

Master'S Degree, Finance, General, 3.28 Cgp

Pipfa, Finance & Accountants

Bachelor Of Commerce (B.Com.), Commerce, 55% Marks

Dae, Chemicals, 67% Marks

Master'S Degree, Accounting And Finance, 3.2