MUHAMMED FASIL CHOLAKKAL

Freight Forwarding Company • Managed full-cycle accounting, including journal entries, GL maintenance, VAT filing, and monthly financial closure per UAE standards. • Handled accounts payable/receivable, processed vendor bills, and ensured timely payments while maintaining payment schedules. • Prepared and issued freight, customs, and service charge invoices, ensuring accuracy and compliance with company policies. • Performed monthly bank reconciliations, resolved discrepancies, and aligned records with ERP systems. • Filed VAT returns with UAE FTA, ensuring accurate input/output tax reporting and audit readiness. • Tracked logistics costs, vendor expenses, and inventory via Excel/ERP to support budgeting and cost control. • Managed WPS payroll, prepared salary sheets, and ensured compliance with UAE labor laws. • Generated SOAs (Statements of Accounts) and followed up on client overdue payments to improve cash flow. • Assisted in financial audits, prepared documentation, and maintained digital records for customs/tax authorities. • Collaborated with procurement and operations to verify job costing and align financial records with shipment data. • Liaised with Dubai Customs, shipping lines, and freight forwarders to resolve clearance delays and ensure smooth cargo release. • Verified shipping documents (B/L, DO, COO, DNOC) for compliance, reducing discrepancies and penalties. • Tracked shipments via DP World/port systems, monitored gate passes, and updated stakeholders on delays. • Coordinated with transporters for FCL/LCL deliveries, ensuring compliance with UAE transport laws and on-time dispatch. • Prepared and attested invoices via Dubai Chamber & MOFAIC, bridging financial and operational workflows for cross-border trades.

• Posted and processed 1,000+ journal entries using Tally Prime, QuickBooks, and SAP • Issued customer invoices, tracked payment status, and updated receivables across different platforms. • Processed vendor bills and conducted accounts payable reconciliations. • Performed monthly bank reconciliations, ensuring accurate and balanced cash positions. • Utilized Microsoft Excel for financial data entry, analysis, and reporting tasks. • Created and formatted financial documents and reports using Microsoft Word. • Gained hands-on experience in ERP systems and accounting software widely used in the industry.