MUHAMMED BASHEER

KM TRADING COMPANY SOLE PROPRIETORSHIP LLC, ABUDHABI, UAE  Monitoring monthly trends in profit margins and transaction volumes to ensure accurate cost distribution to budget holders and cost centers, supporting business generation and achieving OCF targets. Spearheading the development of a comprehensive group budget and performing in-depth quarterly financial analysis, addressing variances through strategic discussions with senior management. Directing and mentoring a team of internal auditors to execute audit programs and initiatives effectively. Conducting enterprise-wide risk assessments and creating targeted audit plans to align with organizational objectives and regulatory standards.  Streamlined cost allocation processes, reducing discrepancies by 15% and enhancing financial accuracy across cost centers.  Improved quarterly profitability analysis reporting time by 20% through effective team leadership and innovative reporting strategies.  Increased audit program coverage by 25% by implementing a robust risk-based audit framework.  Achieved a 98% compliance rating during regulatory audits with stringent audit standards.  Optimized internal control mechanisms, reducing process gaps by 40% and improving audit efficiency.

Leading daily operations as a subject matter expert for troubleshooting and resolving operational inquiries. Planning, directing, and coordinating workflows, ensuring objectives, deadlines, and team responsibilities are met. Collaborating with internal and external teams to streamline processes and resolve outstanding issues. Reconciling control and current accounts, handling Balance Sheet reconciliations. Preparing consolidated Balance Sheets and Profit & Loss accounts for U.S. and U.K. entities.  Increased team productivity by 18% through streamlined workflows and optimized procedures.  Led monthly book closings, financial reporting (IFRS), management information system (MIS) reporting, and key performance indicator (KPI) analysis for senior management.  Enhanced Balance Sheet reconciliation accuracy by 25% through rigorous oversight and meticulous reviews.  Reduced processing time for RTR activities by 30% by standardizing procedures across different regions.  Improved consolidated financial reporting accuracy, resulting in a 15% improvement in quarterly closings.  Minimized intercompany discrepancies by 40% through proactive reconciliations.

Advising clients on accounting practices, financial system developments, and policy matters by evaluating internal controls and business processes. Leading an audit team for tax audits, statutory audits, and transfer pricing. Reconciling large datasets for purchases and input tax credit, providing reports on input tax credit discrepancies. Developing and implementing audit strategies tailored to client requirements. Conducting training sessions for the audit team on statutory and internal audit processes.  Reduced input tax credit discrepancies by 35% through precise reconciliation and analysis.  Increased client satisfaction by 22% by delivering actionable financial insights and recommendations.  Enhanced audit efficiency by 20% through strategic audit planning and process standardization.  Improved regulatory compliance by 30% through effective audit implementations and risk assessments.  Achieved 98% accuracy in reporting on overclaimed and underclaimed input tax, ensuring client compliance.

KEY RESPONSIBILITIES Preparing, finalizing, and reviewing Balance Sheets and Profit & Loss accounts. Computing income and taxes, filing returns accurately. Independently conducting internal audits, tax audits, and statutory audits across various entities. Evaluating internal control systems in key areas such as purchasing, sales, payroll, inventory, and cash/bank handling. Ensuring compliance with GST, TDS, PT, and PF payments, and filing requirements for clients.  Achieved 95% accuracy in tax computations and filings, reducing client liabilities by 10%.  Completed statutory audits ahead of schedule, improving client satisfaction by 20%.  Minimized compliance discrepancies by 30% through rigorous tax audit checks.  Increased audit completion rates by 15% by managing audits independently.  Developed training modules on GST and TDS compliance, enhancing client understanding by 40%.