Shehryar Ashfaque Email & Phone Number

United Arab Emirates

Abu Dhabi, United Arab Emirates

United Arab Emirates

Al Jurf, Ajman

Ajman

Ajman

General Accounting:Compiling & analyzing financial information to prepare financial statements on monthly & annual basisEnsuring period end reconciliation between sub-ledger and general ledger before closure of booksEnsuring financial records are maintained in compliance with accepted policies and proceduresEstablishing & monitoring the implementation and maintenance of accounting control proceduresEnsuring accurate and appropriate recording and analysis of revenues and expensesDeveloping and formulating financial policies and proceduresMaintaining & updating complete organizational chart of accountsDepositing cheques & cash at bank on daily basis and maintaining PDC & Cash book ledgerCoordinating with operations for daily petty cash requirements and maintaining the same with reasonable cash availabilityMonitoring department work to develop more efficient procedures & use of resourcesAssist the management in internal & External Audit and financial analysis & feasibility studiesReceivable Accounting:Monitoring customer accounts liaise with clients and facilitate collectionsChecking the Bank Statements on a daily basis, posting payments to the respective customer accountsProactively communicating with the customer to resolve payment discrepanciesFollowing-up with customers to ensure that over dues are promptly paidHandling customer account refunds and Journal entries like reclassification, write off’sEvaluating receivables quality and recommend and support appropriate provisionsPayable Accounting:Creating good relationship with business suppliers and working on getting better price deals with each suppliers on timely basisHeading the inventory count for the supplies and making proper records with variance analysisCoordinating with procurement in negotiations of payment terms with suppliers to optimize cash flowPrioritize payments to suppliers/subcontractors in coordination with procurements

Sharjah

Responsibility Outline:Trade Finance: Responsible for the use and maintenance of banking facilities (Letter of Guarantee, Letter of Credit…). Establishment of Import & Export LC’s (Basic) Supervision of International suppliers A/C & Import clearance documents TR Accounting, Telex TransfersReceivable Accounting:Monitoring of Trade receivableConducting Credit control policiesReporting management for aged receivables and forecasting bad debtsPayable Accounting:Monitoring of Accounts Payables (Processing of Suppliers Bills & Payments)Scrutinise payables and verify that services / material has been satisfactorily received and utilised.Coordinate with Procurement in the negotiations of payment terms with suppliers/subcontractors to optimize cash flowGeneral Accounting:Sales/Purchase invoices. Cheque/Cash Receipts & Payment Vouchers, Journal VouchersResponsible for Bank Reconciliation Statement, Petty CashReview Journal Vouchers (JV) for monthly closing of accountsPreparation of all month end reports (Balance sheet, Profit and loss account etc)Year end reports for Internal & External Audit Purpose:Interact with external/internal auditors to produce the Company’s financial statements and attend to audit queriesPreparation of Depreciation & Amortization Schedule of Fixed AssetsPreparation of Bank Reconciliation StatementCheck & Balance for all internal control measuresAssisting Management for Internal Audit Reporting to management for decision-making – Accounting Software (Peachtree / Quickbooks)

Deira, Dubai

Responsibility Outline:Preparation of Accounts up to Finalisation (KSA+ D.V) including Depreciation & Amortization ScheduleMonthly reports (Aging Analysis, Disposition of Doubtful debts, Response to Audit enquiries etc)Monitoring Trade Receivables/PayablesPreparation of PayrollBank Reconciliation StatementCustomer/Suppliers Ledger AnalysisBranch AccountingInventory ManagementGeneral Administration – Accounting Software (Tally 7.2 / 9 / ERP)

Cost & Management Accountancy (Part Qualified), Management Accountancy

Bachelor Of Commerce (B.Com. It), Accounting And Finance