Muhammad Usman

Experience

• 

  Ufone

  Aug 2009 - Mar 2012

  Accountant

  Accounts Payable Responsibility.• Receive and verify invoices and requisitions for goods and services• Verify that transactions comply with financial policies and procedures• Prepare Bank Payment Voucher• Prepare Disbursement Spreadsheet.• Prepare all cheques• Maintain the general ledger• Maintain updated vendor files and file numberPayroll Job Responsibility • Calculate salaries and benefits.• Verify pay amounts, hours of work, deductions, etc.• Verify coding and obtain signatures.• Batch pay sheets for data entry.• Data enter of payroll information.• Distribute cash salary to employees. Show less

• 

  Saudi Fal Controls Division

  Jun 2012 - Aug 2015

  Accountant

  • Work in Saudi Fal Company Riyadh as a Accountant From 02 June 2012.Accounts Receivable Job Duties:• Posts customer payments by recording cash, checks, and credit card transactions.• Generate billing every month and Change billing cycle of the customer through recording entries.• Updates receivables by totaling unpaid statement.• Verifies validity of account discrepancies by obtaining and investigating information from revenue, and from customers;• Resolves invalid or unauthorized deductions by following pending deductions procedures.• Resolves collections by examining customer payment plans, payment history, coordinating contact with leasing department.• Summarizes receivables by maintaining receivable accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report.Accounts Payable Job Duties:• Reconciles processed work by verifying entries and comparing system reports to balances.• Charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording entries.• Pays vendors by monitoring discount opportunities. Scheduling and preparing checks; resolving purchase order, contract, invoice, insuring credit is received for outstanding memos; issuing stop-payments or purchase order amendments.• Pays employees by receiving and verifying expense reports and requests for advances; preparing checks.• Maintains accounting ledgers by verifying and posting account transactions.• Verifies vendor accounts by reconciling monthly statements and related transactions.• Disburses petty cash by recording entry; verifying documentation.• Preparation & Disbursement of payroll & overtime to the employees.• Calculate Depreciation of all Fixed Assets .Calculating Accruals every month,• End of Services,• Vacation pay• Air tickets.• Supplier Payment, Etc ,Etc.Assist to Chief Accountant for Preparation of Financial Statements. • Cash Flow Statement.• Income Statement.• Balance Sheet. Show less

• 

  OnlyRoses

  Jan 2016 - Jun 2019

  Senior Accountant

  Accounts Receivable Job Duties:-• Posts customer payments by recording cash, checks, and credit card transactions.• Generate billing every month and Change billing cycle of the customer through recording entries.• Updates receivables by totaling unpaid statement.• Verifies validity of account discrepancies by obtaining and investigating information from revenue, and from customers;• Resolves invalid or unauthorized deductions by following pending deductions procedures.• Resolves collections by examining customer payment plans, payment history, coordinating contact with leasing department.• Summarizes receivables by maintaining receivable Show less

• 

  True food Trading Company

  Sept 2019 - Mar 2024

  Chief Accountant.

  Perform financial analysis and reporting to management as needed.Perform year-end accounting activities such as reconciliations and journal entries Accruals, Depreciation, Amortization Etc.Supervises and participates in the preparation of financial statements and reports.Directs the entry and maintenance of accounting records to show receipts and expenditures. Maintains general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records. Directs, conducts, and/or participates in cost analyses and rate studies. Prepares statements and reports of estimated future costs and revenues.Coordinates preparation of external audit materials and external financial reporting.Manages the deployment and maintenance of new accounting, timekeeping, payroll, inventory, property, and other related procedures and controls.Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.Analyze financial discrepancies and recommend effective resolutions.Monitor expenditures, analyze revenues and determine budget variances and report the same to management.Provide guidance to Accountants when needed.Coordinate with bank to activate Letter of Credit against supplier bank account. Also coordinate with international supplier to submit all documents to his bank for getting payment.Forecast shipping costs + customs fees + Insurance & Other charges by sea, Road & By air. Calculate cost of the item and determine sales price.Coordinate with warehouse team about products. Monitor recording of products with landed cost, UOM, Conversion of unit, Allocation of warehouse Etc. Inventory Counting quarterly and yearly.Review & approve payment vouchers & journal entries, Petty Cash, & Others. Show less

• 

  YSquared

  Mar 2024 - now

  Finance Reporting Manager