Muhammad Shahbaz - Finance Manager, RFG Logidtics LLC

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💰100%

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🇵🇭100%

Philippines

Work Background

STELLA METAL INDUSTRIES LLCAccounting Manager

Nov. 2023Umm al-Quwain, United Arab Emirates · On-site

QUALITY STAINLESS STEEL FABRICATIONAccounting Manager

Feb. 2022 - Oct. 2023Dubai, United Arab Emirates• Monitor and Review Financial Controls, processes & procedures to enable best practice development. • Collaborate with other departments, such as sales, production and customer service to improve forecast and reporting standards. • Manage activities like the implementation of ERP System to uniform the MIS Reporting standards, coordination with the bank for a line of credit LC & Post Financing and short-term loans, Business & Product Analysis, Forecasting, etc. • Provided cost reduction initiatives and ensures that budgets for Account Maintenance area are met. • Compiling Vat Return Report and submission of Quarterly Vat Returns. • Planning and making Budget for the Year and setting Goals. • Comparative analysis between Actual and Budgeted figures and passing notes on Favorable or Unfavorable (i.e., Variance Analysis). • Maintain the Financial Health of the company. • Analyze Cost, Pricing and Variable Contributions, Sales results and the Company’s Actual Performance compared to the Business Plan. • Monitor the day – to – day Financial Operations within the Company (i.e., Payroll, Invoicing and Other Transactions).

Angel Freight ServicesAccounting Manager

Apr. 2017 - Jun. 2021Dubai, United Arab Emirates• Managing finance department with the responsibilities for payroll accounts payables/account receivables and submission of payments. • Finalizing the books of accounts & preparing year-end financial statements as per IFRS. • Processing accounting postings - invoices, payments, credit card transactions, debit/credit notes, fixed assets register, accruals, banking, reconciliations. • Preparing and submission of Quarterly Vat Returns. • Keeping account books and systems up to date. • Assisting management in the decision-making process by preparing budgets and financial forecasts. • Advising on how to reduce costs and increase profits. • Filing and documentation of all accounting records electronically & physically. • Ensuring timely follow up of payments against invoices in accordance with payment terms. • Reviewing salary calculations and ensuring accurate and timely execution of payroll. • Coordinating and maintaining relationships for the bank for salary WPS. • Maintaining and updating daily petty cash records and ensuring accurate cash transactions are made with supporting documentation. • Reconciling bank statements daily & vendors balance periodically and flag any unresolved issues to the manager. • Preparing budget yearly & presenting it to the management. • Maintaining a good working relationship with all external stakeholders and escalating any issues appropriately. • Providing support to auxiliary schedules for auditing purposes as per assigned work. • Tracking the company's financial status and performance to identify areas for potential improvement. • Assisting management in the formulation of its overall strategic direction. • Supporting the team by performing tasks related to organization and strong communication.

Ahmed Farhan Fruits & Vegetable Trading Co. L.L.CAccountant

Oct. 2015 - Mar. 2017central Fruits & Vegetable Market, Al-Aweer, Dubai, U.A.E✓Manage all accounting transactions. ✓ Accounts Receivable & PDC Management. ✓ Prepare budget forecasts. ✓ Publish financial statements in time. ✓ Handle monthly, quarterly and annual closings. ✓ Reconcile accounts payable and receivable. ✓ Ensure timely bank payments. ✓ Ensure that financial statements and records comply with laws and regulations. ✓ Manage balance sheets and profit/loss statements. ✓ Keeping account books and systems up to date. ✓ Payroll Processing. ✓ Identify areas for improvement and implement improvements to processes. ✓ Performs other related duties and responsibilities as required.

Monarch Security Services (Pvt) LtdFinance Officer

Jan. 2011 - Dec. 2014Karāchi, Sindh, Pakistan✓Processing invoices accurately and on time. ✓ Reporting accurate financial reports and statements for accounts. ✓ Managed payroll processing for more than 1000 employees, ensuring team received timely payments. ✓ Planning and executing internal and external audits. ✓ Petty Cash Management ✓ Created annual budgets and tracked actual expenses against projected expenses. ✓ Provision of timely information to the Management Accounting team for accruals, prepayments

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