Mohammed Shakeeb Email & Phone Number

Hyderabad, Telangana, India

Payroll and Taxes » Creating the payroll profile by using the personal details, W4 and LCA in order to process their payroll.» Processing the payroll for the consultant Semi-monthly and monthly once we receive the approved timesheet from the consultant.» Making necessary deductions while processing the payroll of the consultant, such as advance, insurance, H1B premiums, and others.» Analysing the taxes while processing the payroll, such as OPT and CPT, gets tax deductions on social security and Medicare.» Processing the payroll of the H1B consultant who is on bench and making the record of those payroll in a separate sheet.» Processing the payroll to W2 employees and 1099 contractors on a semi- monthly and monthly basis.» Checking the state notices and taking the necessary action on them.» Making the payment of withholding tax and unemployment tax bill according to the notices.Receivable and Payable» Collecting the consultant's approved timesheet in order to execute payroll and send invoices to the vendor's.» Follow up on accounts receivable to ensure timely payment.» Prepare an aging report to decide the proper course of action for past overdue.» Negotiate an hourly rate with the vendor and consultant.» Handling day-to-day queries from consultants.» Creating the C2C bills in QuickBooks and making the payments to vendors according to the net terms.» Making the necessary payments on a day-to-day basis using a credit card.Bookkeeping and Reporting» Entering payments and receipts in QuickBooks to perform day-to-day bookkeeping.» Recording all the bank transactions in QuickBooks and posting them in the respective categories.» Monthly reconciliation of all entity bank accounts in QuickBooks.» Preparing the overall performance dashboard of the company using Power-BI.» Preparing variable reports such as accounts receivable, payroll, and margin reports with the help of Vlookup and Pivot tables.

Hyderabad, Telangana, India

Payroll and Taxes » Creating the payroll profile by using the personal details, W4 and LCA in order to process their payroll.» Processing the payroll for the consultant Semi-monthly and monthly once we receive the approved timesheet from the consultant.» Making necessary deductions while processing the payroll of the consultant, such as advance, insurance, H1B premiums, and others.» Analysing the taxes while processing the payroll, such as OPT and CPT, gets tax deductions on social security and Medicare.» Processing the payroll of the H1B consultant who is on bench and making the record of those payroll in a separate sheet.» Processing the payroll to W2 employees and 1099 contractors on a semi- monthly and monthly basis.» Checking the state notices and taking the necessary action on them.» Making the payment of withholding tax and unemployment tax bill according to the notices.Receivable and Payable» Collecting the consultant's approved timesheet in order to execute payroll and send invoices to the vendor's.» Follow up on accounts receivable to ensure timely payment.» Prepare an aging report to decide the proper course of action for past overdue.» Negotiate an hourly rate with the vendor and consultant.» Handling day-to-day queries from consultants.» Creating the C2C bills in QuickBooks and making the payments to vendors according to the net terms.» Making the necessary payments on a day-to-day basis using a credit card.Bookkeeping and Reporting» Entering payments and receipts in QuickBooks to perform day-to-day bookkeeping.» Recording all the bank transactions in QuickBooks and posting them in the respective categories.» Monthly reconciliation of all entity bank accounts in QuickBooks.» Preparing the overall performance dashboard of the company using Power-BI.» Preparing variable reports such as accounts receivable, payroll, and margin reports with the help of Vlookup and Pivot tables.

Hyderabad

» Collected timesheets from consultants and created invoices in QuickBooks.» Sent invoices from QuickBooks to vendors once the complete timesheet is received from the consultants for the respective month.» Performed timesheet and invoice reconciliation on a monthly basis.» Acknowledged the timesheet with the vendor on the timesheet whose project got ended.» Maintained an Excel sheet to update the timesheet of the consultant on a day-to-day basis.» Prepared a timesheet reconciliation report for the consultants and took acknowledgement from them to make the final payment.» Prepared an invoice and timesheet status report to update the accounts manager.» Handled day-to-day queries from consultants and vendors.» Follow-up on accounts receivable to ensure timely payment and prepare an ageing report to decide the proper course of action for past-due debts.» Preparing the various report such as payroll, accounts receivable and payable.

Dubai, United Arab Emirates

Prepared purchase orders through purchase requisition and send to respective suppliers.» Monitored the cost and performance of major vendors.» Posted GRN and payment invoices into accounting system.» Performed three ways matching of purchase order, GRN and supplier invoices.» Ensured inventory levels are adequate for the business by using SKU’s.» Follow-up on delivery schedules, payment delays and invoice queries.» Maintained lists of quotes, price lists and any correspondence from suppliers.» Ensured that all products are bought at the most competitive price and delivered on time.» Identify and evaluate new vendors through the RFI and RFQ to learn about the types of products and the capacity they have.» Developed good relationships with key suppliers to ensure best value for money.» Prepared MIS report such as pending orders, accounts payable, sales report and inventory report.» Monthly reconciliation of vendor accounts and inventory.» Maintaining a healthy relationship with the vendors to easily resolve issues.

Master Of Business Administration (Mba), Accounting And Finance, A

Activities and Societies: Ex: Cricket, Volleyball

Bachelor Of Commerce (B.Com.), Business/Commerce, General, A

Activities and Societies: Ex: Cricket, Volleyball