ASAD ALI, ACCA, UAECA
Residence: Ajman, UAE Email: asadacca2@gmail.com Mobile: +971-50-9599423
PROFILE
A self-motivated and result oriented qualified Chartered Accountant with over 4 years of experience in the areas of Financial Reporting, Budgeting, Cash flow and Bank Financing. Building on experience gained in Nishat Mills and Brothers Gas Company. Career progression has been rapid and founded on the basis of hard work and commitment. An excellent communicator who builds relationships that add value throughout the organization.
ACHIEVEMENTS
• Certificate of achievement in Financial Accounting (F3/FFA) – ACCA
• Payables – effected a new procedure for payments processing
• Efforts contributed to accelerating the month-end close to the tenth calendar day of every month
• Automated preparation of budget multiple sheets that had previously required 3 days of staff time
• Consistently awarded a high performer rating
AREAS OF EXPERTISE
•
Fixed Assets • Budgeting and forecasting • Petty Cash management
• AP & AR • Bank Financing • Cash Flow Statement (SOCF)
• Value Added Tax (VAT) • Bank Reconciliation • Inventory Count
• IFRS & IAS • Sound MS Excel Skills • Financial Reporting
• Prepayments • ERP implementation • Financial Analysis
PROFESSIONAL EXPERIENCE
Brothers Gas Bottling & Distribution Co. LLC
Brothers Gas Bottling & Distribution Co. LLC is providing clean & portable fuel solutions as the leading LPG & Industrial Gas solution provider across the globe. Brothers Gas serves millions of customers annually with a very large infrastructure comprising of huge storage capacity in LPG & Cryogenics, Filling Plants, and Distribution fleet of 100+ trucks for bulk and packages gases. The company’s broad portfolio is catered in form of Bulk Liquids, Cylinders, ISO Tanks, etc.
ACCOUNTANT May 2016 – Present
Reporting to Chief Accountant and Financial Controller
• Preparing all Islamic bank financing documents (Short term & long term loans, Letter of credit-LC, Bank Guarantees, Tender Bonds, Bank Facility offer letters etc.)
• Involved in ERP implementation (SAGE X3)
• Management daily cash flow generation to meet Long-term, Short-term loans repayments and working capital requirements.
• Communication with various banks for financing related matters
• Performed budget, re projection input and analysis
• Prepared monthly and quarterly ad hoc reports.
• Preparing quarterly Value Added Tax (VAT) returns and filing
• Processing Account Payable (AP) function.
• Interacted daily with vendors and established solid professional relationships
• Maintaining Fixed Assets schedules and monthly depreciation entries
• Maintaining long term & Short term loans schedules and profit & repayment entries
• Maintaining prepayments schedules and monthly expense entries
• Petty cash management for all branches and head office
• Prepared monthly Bank reconciliations for all banks
• Reconciliations for intercompany accounts and vendors Accounts
• Ensure the accuracy of physical and cycle count inventories
• Preparing various monthly/quarterly reporting packs on variances from budget/forecasts
• Advanced level MS Office skills – Word, PowerPoint and Excel in particular.
• Good Hands-on experience in using QuickBooks Enterprise 2017, Tally ERP 9 & ERP SAGE X3.
Nishat Mills Limited (NML)
Nishat group of companies is a premier business house of Pakistan. The group has presence in all major sectors including Textiles, Cement, Banking, Insurance, Power Generation, Hotel Business, Agriculture, Dairy and Paper Products.
Accountant November 2014 – March 2016
Reporting to Manager Finance
• Prepared and posted monthly expense general entries
• Petty cash management for main office
• Performed overall Accounts Receivables (AR) function
• Involved in process to payments to suppliers
• Prepared Company deliverables for month end, budget and quarterly forecasts
• Involved in Budget preparation process & Variance analysis.
• Month end reconciliations for vendors
• Participated in monthly Bank reconciliations
• Hands-on experience in using ERP system Oracle R12 Module
• Handled the daily processing of hundreds of invoices and related documentation
• Maintained and produced excel spreadsheets as requested
• All other works assigned by the manager finance.
Accounts Trainee May 2014 – November 2014
Reporting to Accounts Supervisor
• Prepared account reconciliation’s
• Accounts payable coordination.
• Entertained phone calls
• Handled multifaceted tasks: data entry, filing, records management and billing
• All other tasks assigned by accounts supervisor & senior accountant.
EDUCATION
• Accountants & Auditors Association (AAA) – United Arab Emirates Chartered Accountants (UAECA)
• Chartered Accountant – Association of Chartered Certified Accountants (ACCA) UK
• B.Sc. Hons. In Applied Accounting – Oxford Brookes University (OBU) UK
• Advance Diploma in Accounting & Business (UK)
• Diploma in Accounting & Business (FIA/CAT) UK
PERSONAL INFORMATION
Gender Male
Skype ID: asada.ali7175
Marital status Single
References References available upon request