AMJAD HUSSAIN

Experience

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  MS Apparels

  Sept 2010 - Nov 2012

  Accountant

  🔳 MAJOR ROLES :✔Recording daily transactions encompassing sales, purchases, and business activities while managing closing and adjusting journal entries (JVs).✔ Facilitating prompt vendor payments following thorough reconciliation of accounts.✔ Addressing and resolving supplier disputes promptly concerning discrepancies in their accounts.

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  Asia Engineers And Contractors

  Dec 2012 - Jul 2014

  Senior Accountant

  🔳 MAJOR ROLES :✔ Finalized financial statements including balance sheet, income statement, cash flow statement, and statement of changes in equity.✔ Established robust internal controls (policies & SOPs) to manage cash, inventories, collections, payments, and supplies effectively.✔ Maintained and updated records of accounts, receivables, and payables regularly while implementing and managing Tally ERP 9 for streamlined financial processes.✔ Reviewed and analyzed journal entries, revenue, expenses, capital, accruals, purchase orders, fixed assets, inventory, and estimates. Conducted monthly bank and account reconciliations.✔ Filed withholding taxes under sections 149, 153, 155, and 165, and prepared annual income tax returns electronically. Show less

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  GLOTECH Services Pakistan (PVT) Ltd.

  Sept 2014 - Sept 2015

  Account Officer

  🔳 MAJOR ROLES :✔ Efficiently managed routine tasks involving banks, receivables, payables, fixed assets, payroll, accruals, revenue, and expenses to ensure smooth departmental operations.✔ Assisted in preparing budgets and financial forecasts, including periodical controls and variance analysis to maintain financial accuracy and alignment with business goals.✔ Reviewed project invoicing, payments, and recoveries, ensuring accurate financial tracking and reporting for multiple projects.✔ Conducted monthly reconciliations of inventory, AR, AP, and G/L, and generated tailored management reports. Show less

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  IIW-Industrial Engineers and Contractors

  Sept 2015 - Jan 2023

  Accounts and Finance Manager

  🔳 MAJOR ROLES :✔ Prepare and finalize periodic financial statements, including balance sheets, income statements, and cash flow statements.✔ Liaise with banks (LC, Bank Guarantees), insurance companies, suppliers, customers, regulatory authorities, and external auditors to ensure smooth financial operations.✔ Maintain accurate filing and record-keeping systems for all financial statements and company documents.✔ Perform monthly reconciliations of debtors, creditors, and bank accounts to ensure accuracy and consistency.✔ Monitor daily bank positions and reconcile with the previous day's balance for accurate financial tracking.✔ Oversee the use of accounting software (Climax SQL-based), ensuring accurate data entry and system efficiency.✔ Compute various taxes (GST, PST, SST, WHT, ITR, WS) and ensure compliance with relevant tax regulations.✔ Implement cost control measures to enhance profitability and operational efficiency.✔ Ensure compliance with local, state, and federal financial regulations and reporting requirements. Show less

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  Earthlink Innovations UAE

  Mar 2023 - Dec 2023

  Chief Accountant

  🔳 MAJOR ROLES :✔ Compile, analyze, and report monthly financial statements, including balance sheets, profit and loss statements, and cash flow statements.✔ Supervise accounts payables, receivables, and payroll processes to ensure accuracy and timely processing.✔ Maintain accurate financial records using QuickBooks, ensuring all transactions are recorded correctly.✔ Perform accounts payables, receivables, credit card, and bank reconciliations, resolving any discrepancies promptly.✔ Compute taxes (UAE-VAT, SST, IT, ITR, WS), ascertain VAT liability, and ensure timely filing of VAT returns.✔ Assist management in the decision-making process by preparing budgets and financial forecasts.✔ Prepare detailed financial reports for senior management, providing insights into financial performance and strategic recommendations. Show less

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  Abnotix Solutions

  Dec 2023 - Apr 2024

  Senior Accountant

  🔳 MAJOR ROLES :✔ Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements, ensuring accuracy and adherence to IFRS standards.✔ Assist in the preparation of annual budgets and periodic forecasts, collaborating with department heads to align financial goals with business objectives.✔ Coordinate audits and ensure compliance with regulatory requirements, tax filings, and internal controls.✔ Mentor and supervise a team of accountants, providing guidance, training, and performance feedback to foster professional development and ensure high-quality work.✔ Oversee the accounts payable and receivable processes, ensuring timely and accurate processing of invoices and payments.✔ Monitor and manage cash flow, ensuring sufficient liquidity for operational needs and investment opportunities.✔ Assist in the development and implementation of financial strategies to support business growth and profitability. Show less

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  Nixaam LLC

  Apr 2024 - now

  Account Team Lead

  🔳 MAJOR ROLES :✔ Effectively manage and lead the accounts team, overseeing accounting operations for 200 US-based clients using QuickBooks, while also handling internal accounting functions.✔ Monitor financial performance, prepare financial statements, and conduct variance analysis to provide insights to management for strategic decision-making.✔ Oversee all aspects of financial management, including financial reporting, budget preparation, cash flow management, and financial analysis.✔ Ensure accurate and timely recording of financial transactions in compliance with company policies and IFRS.✔ Prepare detailed financial forecasts and budgets, perform variance analysis, and provide recommendations for financial improvements.✔ Manage day-to-day accounting operations such as accounts receivable, accounts payable, payroll processing, and general ledger maintenance.✔ Lead and mentor the accounting team, fostering a highperformance culture and ensuring professional development.✔ Utilize advanced knowledge of QuickBooks Online (QBO) to accurately categorize transactions and reconcile accounts for multiple clients. Show less