Faraz Ashraf

Experience

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  Professional Heights

  Feb 2009 - Aug 2012

  Internal Auditor

  • Managing and reviewing the financial statements.• Monitoring the day to day running of the finance section and the procurement and maintenance section• To direct and control the general accounting function of the organization and approved accounting practices in line with international financial reporting standard and statutory regulations• To prepare and submit budget estimates, financial statement, statutory returns and monthly, quarterly and final accounts• To monitor the budget control processes within the organization• To work collaboratively with the other units to assess the financial aspects of each unit in relation to its operation as a cost center.• To monitor and review the internal control system with the accounts and finance section• To supervise and train staff working under his responsibility• To be responsible for monitoring debts collection and revenue collection• Advise management and council on financial matters.• Reviewing Payroll and ensuring that income tax is deducted according to the law.• Variance analysis and management accounts preparation periodically.• Preparing due diligence and business planning reports of various clients. Show less

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  Technical Resources Est. (Albwardy Group)

  Oct 2012 - Dec 2014

  Divisonal Accountant

  • Maintain the financial statement of the Division• Work on Jobs and maintain the profitability reports in Oracle based Orion Software• Monitor the Petty Cash of the division and also work with the other units of the division to assess the financial aspects of the division• To be responsible the cash collection of the division and also the payables.• Monitor the sales of the division and maintain the relation with the customer in Industrial sector for increase the sales.• Responsible in processing and reviewing Payment Vouchers, Purchase Approval Forms, Purchase Order, Sales Invoices, Credit and Debit Notes.• Manage AP/AR; preparation of financial statements and MIS reports, planning, forecasts budgets, variance analysis, cash flows, Balance Sheet and monthly closing of all ledgers.• Handle complete books of accounts independently up to completion with zero error tolerance including books of transaction, cash, inventory, production and other related jobs Show less

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  INTERTRUCK MENA LLC

  Jan 2015 - Dec 2016

  Accountant

  • Make the Journal Entries in The system & maintain all Financial Records of the company including Ledger and all sub ledgers like debtors, creditors and fixed asset.• Managing and reviewing the financial statements• Prepare the Annual Budget & the quarterly Forecast & prepare the various reports on the basis of the actual result and forecast result.• Prepare and submit Monthly Profit & Loss and Sales Analysis reports to HQ.• Responsible in processing and reviewing Payment Vouchers, Purchase Approval Forms, Purchase Order, Sales Invoices, Credit and Debit Notes• To monitor and review the internal control system with the accounts and finance section• To work collaboratively with the other units to assess the financial aspects of each unit in relation to its operation as a cost center• Stock Level monitoring in close cooperation with product management, sales department and logistic.• Liaison with Bank & External auditors to make the operations of the year end smoothly.• Monitoring the administration work also like renewal of trade license of the company, insurances of the cars as well as Expiration of visas of the employees.• Arrange and attend audit finding meetings with management and the stake holders.• Advise senior management on effectiveness and efficiency of the internal controls in the organization, and report significant issues to senior Management after getting the clarifications on audit findings with line managers.• Contribute to team effort by accomplishing related results as needed Show less

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  Al Shamali Group

  Apr 2017 - Oct 2018

  Accountant
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  Al Aberah

  Nov 2018 - Apr 2021

  Chief Accountant
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  Xavor Corporation

  May 2021 - now

  Assistant Manager Accounts