Yousaf Rasheed Email & Phone Number

Dubai, United Arab Emirates

• Responsible for the smooth function of finance department covering statutory and management reporting of all branches UAE, Egypt and USA.• MIS reports to Managing Director, individual and consolidated with various types management reports Like variances, revenues breakup, geographical breakups comparison and analyses.• Dealing with company’s bankers for negotiating corporate and operational finance and for development projects.• Ensure existing accounting policies and procedures are up to date and in line with the IFRS/IAS. • Develop and improve internal controls within the business and identify weaknesses in controls for improvements.• Preparation of Financial Stamtents on monthly basis and project basis.• Keep up to date the data of daily accounting transactions.• Prepare Financial proposal for Tenders.• VAT return filling on quarterly basis.• Manage bank accounts for bank reconciliation.• Co-ordinate with suppliers and customers for payables and receivables.• Liaison with External auditors for the efficient and effective execution of audit engagements and ensuring the timely provision of audit deliverables.

Dubai, United Arab Emirates

• Assist Manager Accounts in preparation of P/L on monthly basis. • Assist in process of developing the Chart of accounts for financial reporting. • Maintained and update the fixed Assets register and lease schedule. • Keep up to date the data for yearly Fixed Asset count. • Prepare project wise report for budget purpose & variance analysis between actual and budgeted expense for each project • Reconciled, monitored and ensured accuracy of journal/ ledger entries. • Manage local purchases and import for proper VAT booking. • Prepare data for VAT return filling on quarterly basis. • Manage bank accounts for bank reconciliation. • Manage accounts payable and receivable, ensuring accuracy and proper cut off for month-end. • Arranged for preparation of annual reports and organizations accounts for external audit. • Manage inter company payable and receivable. • Implement and maintained accounting systems, policies, procedures in coordination with department's goals and objectives.

Lahore, Pakistan

• Assist Manager Accounts to preparation of Financial Statements on month and year closing.• Review and approve the Tax Duties on time of releasing the imported products.• Review and Supervise Purchase Order, Goods Receipt PO, AP Invoices and Landed Cost in SAP.• Prepare budget of Clearing Expenses for approval of higher Management.• Prepare Variance Analysis on actual and budgeted figures on monthly basis.• Prepare stock report (Both at Warehouse and Port) on monthly basis.• Reconciliation of Ledgers with Principals (Huawei & Samsung) and Clearing Agent.• Maintain and update the record of Payables of Principals (Huawei & Samsung) in SAP.• Prepare Claims receivables from Principals on the basis of rebate, Incentives and any other expenses which company paid on behalf of Principals.• Verifying daily import related transaction in system for management accounting.• Verifying payroll on month basis and prepare summary report for higher management.• Maintained and update the fixed Assets register and lease schedule. • Liaison with Tax consultant to provide data of Import and Export for filling of Tax returns.• Ensuring the timely payments of Income tax withholding, Sales Tax on monthly basis.• Supervising the staff of three employees for the areas of GL of payables, Cost of sales and receivables and others related to clearing expenses.• Liaison with internal and External auditors and providing the data as per their requirements and resolve their queries.

Lahore, Pakistan

• Collecting the financial data, ensuring the accuracy and entered into system.• Maintain accounting ledgers by verifying and posting account transaction.• Verifying Creditors’ ledgers by reconciling monthly statements and related transactions.• Prepare reports on Income Tax withholding and sale tax withholding on paid Invoices.• Liaison with tax department and external auditors and resolve their queries.• Prepare Bank Reconciliation statements regarding payments made to vendors.• Supporting finance department for payments.

Lahore

Collecting raw financial data; ensuring that information is accurately collated & entered into system. Maintains accounting ledgers by verifying and posting account transactions.Verifies Debtor, Creditor accounts by reconciling monthly statements and related transactions.Manages monthly closing of financial records and posting of month end information; ensures accuracy of management account. Supporting senior management in specific investigations into departmental management accounts. Carrying out any other accounting related duties as assigned by the Account management.Investigating outstanding items and resolving financial discrepancies.Disburses petty cash by recording entry; verifying documentation.Reports sales taxes by calculating requirements on paid invoices.Protects organization's value by keeping information confidential.Supporting team members on all accounting issues.Prepare Bank Reconciliation Statements.

Lahore

Major Assignment:Worked in Pepsi Cola International (Pvt) Ltd (Snack Division) in Finance Department as an Assistant Accounts Payable Officer.Tasks are included:Preparation of suppliers’ payments in Oracle. Verification of suppliers’ claim for the purpose of payment process.Maintaining the complete record of payments and reported to higher management on regular basis.Employees’ reimbursement expenses.Prepare reconciliation statements with supplier.Prepare petty cash payments and utility payments.Verification of suppliers claim for the purpose payment of processing.Maintaining complete records of Suppliers’ Payments.Verifying suppliers’ Payment with inventory records.Other Assignments:• Annual External Audit of Star Cable Network (Pvt) Ltd.• Annual External Audit of Anjaman e Hussania Trust.• Internal Control Compliance Assignment in Pepsi Cola International (Pvt) Ltd (Snacks Division).

Acca, Accounting, Finance, Audit & Taxation

Certified Accounting Technician, Financial Accounting, Managerial Accounting, Audit & Taxation