Akmal Ali

Experience

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  Company united bank limited-Treasury division

  Sept 1983 - Jan 1996

  Worked as “Grade 2” responsibilities were included. Responsible in managing all currencies’ purchasing and selling in the local / international money market as per foreign exchange branches requirements in Pakistan and based on rules / regulations of state bank Pakistan foreign exchange control.  Handled buying of funds based on import of bill of Karachi branches in United Bank Limited. Monitored and maintained accounts in various parts of the world in different international banks.  Functioned as internal auditor of the main branch and treasury division of United Bank Limited Show less Worked as “Grade 3” responsibilities were included. Worked at main branch and administered all bank sections including letter of credit, loan and accounts department.  Assigned in advanced and guarantee section, and then transferred as In-charge of back up department in forex. Accountable in transferring funds to correct local bank via central bank of UAE following transaction made by the front office in forex; buying and selling of currencies as needed by the main branch plus supervised funds movements.  Monitored replenishment of various accounts by forex’ front office and communicated requirements of the main branch to the same. Show less

  • Officer Grade2

    Apr 1989 - Jan 1996

  • Officer Grade3

    Sept 1983 - Mar 1989
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  Princeton university Karachi

  Dec 1997 - Feb 1999

  Accountant

  Worked as “accountant” responsibilities were included. Reported to the university’s Managing Director and accountable of the entire university’s accounting system including monitoring of income and expenditures.  Resolved all accounts departments’ associated concerns which includes payroll, overtime, student’s fees, bank and year-end account finalization with the auditors.

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  Danger Management System (DMS)

  Mar 1999 - Sept 2002

  Account Manager

  • Reported to DMS Managing Director and Finance Manager in Saudi Arabia• Liable for managing accounts year end accounts finalization, logistics HR matters Plus visa labor and immigration• Effectively established correct accounting and logistic system. Handling Dubai customs and others sales related matter• Handing complete computerized accounts in systems independently up to finalization.• Preparing financial forecasts and present regular reports for decision makers• On monthly basis conduct balance sheet reconciliation for review of Directors• Preparation of payroll – overtime and staff related matter. Show less

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  GST-PlC dubai

  Sept 2002 - Oct 2012

  Finance Manager

  Finance ManagerI was recruited by GST to manage the accounts, stocks, warehouse, Dubai custom and other miscellaneous issue of the company. Providing effective finance leadership to a finance team, to enable strategic foresight into the business and also provide knowledgeable and accurate information to colleagues and senior management.Major responsibilities on this position include;General accounts receivable functions:• Overseeing all aspects of financial control in the business.• Directly report to Managing Director and finance director Mr. Terry Lam since I joined GST.• Highly experienced in preparing financial statement and other management reports.• Handling complete computerized accounts in systems independently up to finalization. .• Collect and analyze financial data. Understand and assess the market's economic situation and financial state of the company.• Develop financial forecasts. Produce and present regular reports for decision-makers.• Check the financial control process. Prepare regulatory documents.• Maintain integrity of Accounting system (software), ensuring it remains effective and operational at all times. • Ensure all taxation and legislative requirements are complied with at all times.• On a monthly basis conduct balance sheet reconciliation for review by Directors. • Where inconsistencies to reconciliations emerge take remedial action or refer to relevant personnel as appropriate. • Update “chart of accounts” monthly to reflect account management activities.• Collect relevant data / information for use by insurance broker. Ensure the monthly reconciliation of all ledgers and sub-ledgers. Analyze business performance / results, providing feedback to senior Management. .• Reviewing new and existing business models and capital appropriation requests.• Track and monitor revenue for accuracy, verifying it against sub ledger report on a monthly basis. Show less

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  Alhammad Genaral Contracting (Alhammad group)

  Oct 2012 - Jan 2017

  Finance Manager

  Working as a Finance Manager and the following responsibilities are:• Monitoring and controlling projects in UAE.• Ensuring timely monthly of financial and management accounts.• Ensuring smooth and early completion of annual audit.• Monitoring and controlling cost, analyzing and reporting variances.• Preparation of Commercial Tender in connection with Technical Tender.• Planning & execution of awarded contracts such as Man Power / Machinery Costing/Materials.• Understand and Implement day to day costing of site expenses in street lighting/medium.• All related coordination, implementing ISO, QMS standards at site works, stores management. and approve related necessary requirement for company, understand the contract specification. and consultants approvals for placing purchase order of materials.• Preparing and approving of main contract and sub contract invoices.• follow up and controlling AR’s and make sure that funds are received in time.• Preparation and finalizing staff salaries.• Scrutinizing contracts with client and sub-contractors to ensure proper contractual treatment.• Purchasing and finalizing payment terms for materials of projects.• All follow-up regarding payment, completion and handing over of the projects. • Issuing all LPO purchases of material for respective projects .• Continuous monitoring of company cash flow through its accurate recording, forecasting reporting of deviations and taking corrective action. Show less

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  Panoply Consultancy from 2017 - present

  Feb 2017 - now

  Finance and Admin Manager

  Finance and Admin ManagerMajor responsibilities for the above position: Preparation of final accounts and management accounts Ensuring smooth completion of year audit Maintaining proper records for VAT Responsible for quarterly submission of VAT return Handling company bank accounts Preparing proper Management Information System ( MIS) Managing Computerized accounting systems  Preparing Staff salary Responsible for all the purchase of company Representing company on behalf of owner in all UAE government offices Handling all the HR matters Handling all employee visa from start till end Show less