AMJAD HUSSAIN

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 high- performance culture and ensuring professional development. Utilize advanced knowledge of QuickBooks Online (QBO) to accurately categorize transactions and reconcile accounts for multiple clients.

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.

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.

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.

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.

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.

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.