Muhammad Hamid Acca Email & Phone Number

Dubai, United Arab Emirates

Credit Control Specialist: Spearheaded the implementation of advanced credit control processes, slashing overdue accounts by 25% and achieving a 95% on-time payment rate to enhance cash flow management and optimize working capital.Contract Negotiation Expert: Led negotiations and managed customer contracts, enforcing credit terms and limits to reduce credit risk while maintaining stringent internal financial controls in compliance with SOPs.Financial Analytics: Performed in-depth financial analysis, tracked KPIs, and produced comprehensive MIS reports with Power BI and Tableau, providing senior management with actionable insights into financial trends and cost-saving opportunities.IFRS Reporting: Consistently prepared and delivered accurate IFRS financial reports monthly, ensuring submission within five days post-period closing, maintaining high standards of financial accuracy and timeliness.Cash Flow: Monitored on cash flow cycles weekly, maintaining a minimum cash reserve for operating expenses, and ensuring liquidity for uninterrupted business operations.Budget Management: Developed budgets across multiple departments, collaborating with department heads to create precise financial forecasts and deliver strategic insights into financial performance.Cross-Border Finance: Managed international transactions and trade agreements, mitigating currency exchange risks to protect company finances from foreign exchange volatility.Bank Covenant Compliance: Ensured strict adherence to bank covenants, proactively identifying and addressing potential issues to avoid any risk of default.Audit Coordination: Coordinated with internal and external auditors, securing a timely and unqualified annual audit report by maintaining transparent financial records.Tax Compliance Specialist: Guaranteed accurate VAT submissions and strict compliance with UAE tax regulations, consistently filing all tax returns seven days ahead of deadlines to maintain regulatory adherence.

United Arab Emirates

Financial Analysis Expert: Performed in-depth financial evaluations of regional sales, comparing actual results against targets, and delivered comprehensive variance and incentive reports to guide strategic management decisions.Inventory Control Specialist: Managed monthly stock audits in collaboration with internal auditors, ensuring precise stock reconciliation and maintaining high inventory accuracy.Budget Compliance: Played a key role in budget preparation, reducing deviations by closely monitoring compliance, swiftly identifying, and addressing any variances.Financial Reporting Analyst: Compiled and scrutinized monthly financial statements, including income, balance, and cash flow statements, providing actionable insights for senior management to drive informed financial decisions.

Dubai, United Arab Emirates

Major Client: ADGAS, Dubai Airport Free Zone, Ajman Executive Council, Dubai Municipality, Ministry of Economy UAE, Emirates Transport etc.Responsibilities:Receivables Optimization: Drove a 23% decrease in Accounts Receivable by implementing an enhanced credit policy and proactive follow-up, bolstering cash flow and financial stability.Vendor Negotiation: Successfully secured improved payment terms with suppliers, optimizing cash flow and strengthening vendor relationships for shared success.Finance Operations: Oversaw leasing agreements, bank facilities, and payroll management, ensuring strict compliance with VAT and regulatory standards.Financial Reporting: Crafted in-depth financial statements and management reports, providing senior leadership with actionable insights for strategic decision-making.

Pakistan

Budget Strategist: Expertly prepared comprehensive budgets and cash flow forecasts, optimizing financial planning and resource allocation.Process Optimization: Developed and enforced robust SOPs and internal controls, enhancing organizational efficiency and compliance.ERP Implementation: Spearheaded the design and execution of a tailored ERP system from the ground up, driving organization-wide digital transformation.Cost Efficiency: Managed stock records, processed new orders, and established standard costs and break-even points, specifically for health departments.Cashflow Management: Maintained accurate cashbooks and executed monthly bank reconciliations, ensuring precise financial tracking.Procurement: Streamlined the purchasing process, overseeing vendor selection, pricing, quality control, and credit terms, leading to significant cost reductions.Payroll Coordinator: Collaborated with HR to ensure the timely preparation and disbursement of salaries to over 300 employees, ensuring smooth payroll operations.Financial Reporting: Compiled and delivered monthly management reports and comprehensive annual financial statements, providing valuable insights for decision-making.

London, United Kingdom

Bookkeeping Specialist: Expertly managed client bookkeeping using Sage 50, ensuring accurate financial records.Bank Reconciliation: Conducted precise reconciliations for both current and credit card accounts, maintaining financial accuracy.Management Accounting: Prepared comprehensive monthly management accounts, providing valuable financial insights.VAT Compliance: Accurately prepared quarterly VAT returns, ensuring compliance with tax regulations.Ledger Maintenance: Maintained detailed sales and purchase ledgers, ensuring all client transactions were recorded.Client Invoicing: Created and managed client invoices, streamlining the billing process.Financial Reporting: Compiled detailed balance sheets, profit and loss statements, and other key financial reports.

Acca, Accounting, Finance, Business, Audit And Tax

Bachelor’S Degree, Second Class Bsc (Hons) In Applied Accounting

Bachelor’S Degree, Advanced Diploma In Accounting And Business - Adab Uk

Certified Accounting Technician - Cat Uk, Accounting, Finance, Business, Audit And Tax