Rasheed SiddiquiQualified Accountant with over six year of experience in VAT & Accountancy
Qualified Professional Accountant (CMA & Bachelor in Accounting & Finance), over Six years of multi-cultural work environment experience, more than three & half years in UAE and worked for worldwide known audit firm Ernst & Young Audit Firm.
Core competences: Monthly Management reports, audited Financial Statements, budgeting & forecasting, Cash flow management, Inventory management reports, VAT, Taxation, Bank reconciliation, Debtors & Creditor reconciliation, making accounting procedures, controlling cost tracks, book keeping and a grip on accounting software i.e. SAP, Microsoft Dynamics GP, Tally ERP9, Peachtree.
Languages Learned :ENGLISH, ARABIC, FRENCH
UAE Valid Driving License
|Last Resume Update||May 6, 2018|
|Address||Abu Dhabi, United Arab Emirates|
Achievements & Accomplishments:
•Being member of SAP implementation team in parent company in 2017;
•Modified SOP for accounting department for future SAP implementation purpose in 5PL Logistic;
•Added credibility to 5PL Logistic organizational reporting system by implementing Tally ERP9 for veryfirst time & shifted the organizational data from Excel to Tally ERP9 for 2016 & 2017.
FoodcoPJSC -Parent Company
•Maintained Fixed Asset Register including periodic depreciation, impairment, disposal and additions;
•Preparing monthly bank reconciliations for NBAD, UNB, Finance House;
•Booking bank related entries such as Telegraphic transfers received / made, TR loans, payments receivedfrom customers, payment made to creditors, inter-companies transfer, salary transfers, bank charges, exchange rate difference charges;
•Booked Purchase invoices, repacking invoices, and other expense invoices such as transportation expense,insurance expense, medical insurance invoices either prepaid or accrued, etc.;
•Booked monthly journal vouchers such as correction entries, expense accrual entries, prepayment expenseout entries, etc.;
•Booked debit / credit notes such as related parties debit / credit notes for rent / salaries / etc., debitsnotes for divers in case of any traffic fine paid by company on their behalf, credit notes once amount is deducted from their salary against traffic fines or loans, etc.;5PL Logistic Solutions -Subsidiary Company
•Directly liaised with the external auditors, in order to assist in accomplishing external audit for the yearended 2016 and semi-annually audit for 2017;
•Preparing and presenting monthly reports before management such as Budgeted vs Actual monthly Profit& Loss Statement, Profit & Loss Statement based on Direct costing methods i.e. contribution margins, preparing CGU based profit & loss account, feasible study for any new contract for renting Business Centeror warehouse space;
•Maintaining balance sheet, Fixed assets register, etc.;
•Incorporating bank related transactions such as monthly reconciliation, TT, deposits & withdrawalentries, etc.;
•Recording monthly provisions for Depreciation, allowance for doubtful debts, amortization, accruals,unearned income if received rentals in advance for facility rented out;
•Maintaining track of debtors against space rented out, including booking the invoices, payments received,payments follow up, all kind of correspondence with the debtors, account receivable aging, provision for doubtful debts;
•Preparing related parties statements and inter-company reconciliations,
•Other day to day tasks.
Associate Cost & Management Accountant