Afsal TK, CMA

Experience

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  Al Ansari Holding Co.

  Mar 2011 - Dec 2016

  Senior Accountant

  Al Ansari Business Group. Dubai and KuwaitSenior Accountant, - 03/2011 to PresentFor both, handled all the accounting process and maintained adherence to corporate, accounting and GAAP standards and government regulations. Key Results:• Performing accounting functions up to finalization.• Preparing Budget and cash flow statements.• Preparing Profit & loss statement on monthly basis.• Improved cash flow and helped facilitate company’s return to profitability.• Composed effective accounting and ad-hoc reports summarizing A/P data for Purchase & Logistics, HR and other departments.• Support & co-ordinate with Head Office Accounts, Operations & HR Dept. covering day-to-day accounting and staff matters.• Posting of General J/V for the month end closing.• Closing of all Ledger Accounts on monthly basis.• Support to Internal Auditors and External Auditors.• Preparing budget report and MIS reports for Marketing during promotion.• PRO visa expense advance and follow ups payment advice. And trade license renewal of all branches.• Verification & initialization of Employees Bank Guarantee advice letter and keeping Bank Guarantee/ Deposit file and Excel Control Sheet.• Preparing new branch project contractors’ A/c and updating of “payment master control sheet” in Excel when creating an Amex A/c code.• Monitoring GL A/c Control Sheet.• Resolved months of backlogged work, restored order and organization to processes/records in disarray, researched and solved billing problems and corrected invoicing and journal entry errors that had previously been missed.• Operated financial computer systems and furnished senior company executives with A/P liability summaries and cash flow reports that were consistently praised for their accuracy, user-friendliness and timeliness..• Preparation of Bank Reconciliation Statement of different Banks/ Agents on monthly basis.• Preparing and maintaining of Rent register• Preparation of MIS reports Show less

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  International Fish Farming Co. PJSC (Asmak)

  Mar 2017 - Apr 2018

  Accountant

  Duties & Responsibilities:• Finalization of Accounts.• Preparing MIS reports• Budgeting & forecasting.• Cash flow statement.• Payroll preparation.• Recording day to day transactions.• Business & Sales Analysis.• Inventory Management & Accounting.• Accounts Payables & Receivables.• Reconciliation of Bank statements & GL accounts.• Export documentations.• Pricing of the products.• Procurement.• Audit support• Liaising with purchase & supply chain department.• Cost controlling Show less

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  Emirates Zone Companies Representation

  Apr 2018 - Jan 2020

  Accountant

  Duties & Responsibilities:• Preparation monthly P&L accounts, Balance sheet, Schedules.• Preparing MIS reports• VAT Return Filing.• Preparation of budget and forecasting.• Cash flow forecasting.• Working Capital Management.• Coordinating LC payments.• Control in Purchase Order Log.• Petty Cash handling.• Manage third-party & related party contract payments.• Month end entries in GL – capitalization & Depreciation of FA, Prepayment, Amortizations, Accrual & provisions.• Coordinate & control with internal team members for smooth function of month & year book closing.• Prepare monthly management Report.• Cost center reporting – Variance analysis on financial & operating performance of the business actual v/s Budget & Forecasting.• Accounts Payables & Receivables.• Bank Reconciliation for local & foreign Currency accounts.• Preparation of audit schedule for external auditors.• Liaising with purchase & supply chain department. Show less

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  Gogas - Gulf Oil & Gas LLC

  Feb 2020 - now

  Chief Accountant

  Gogas is leading Electro - Mechanical Contracting Company with its principal focus on the Oil Gas sector in the UAE and region for offshore / onshore projects.Position: Senior Accountant - 02/2020 to PresentDuties & Responsibilities:• Finalization of accounts.• Preparation of budget and forecasting.• Cash flow forecasting.• Working Capital Management.• Supervise Accounts Payable & Receivable.• Project costing.• Month end entries in GL – capitalization & Depreciation of Fixed Assets, Prepayment, Amortizations, Accrual & provisions.• Coordinate & control with internal team members for smooth function of month & year book closing.• Prepare monthly management Report.• Cost center reporting – Variance analysis on financial & operating performance of the business actual v/s Budget & Forecast.• Preparation of audit schedule for external auditors.• Preparation of schedules for ICV certification.• Liaising with Banks for business term loans and project overdrafts. Show less