SHAFEER MV

Senior Accountant

• Job Details:Managed financial reporting, including balance sheets, profit & loss statements, cash flow analysis, and bank reconciliations, ensuring 100% compliance with IFRS. Prepared and reviewed letters of credit (LC) and bank guarantees, optimizing trade finance operations. Ensured VAT compliance by preparing and filing tax returns, reducing audit risks by 20%. Conducted monthly depreciation, accrual, and prepaid expense analysis to maintain accurate financial records. Administered payroll processing and executed salary disbursement via WPS for 100+ employees. Audited financial transactions to identify discrepancies, enhancing financial accuracy by 15%. Managed accounts payable and receivable, ensuring timely vendor payments and collections, reducing outstanding receivables by 15%. Reconciled supplier statements and resolved discrepancies to maintain accurate financial records.

Senior Accountant

• Job Details:Led the preparation and presentation of financial statements, ensuring accurate reporting for decision-making. Managed petty cash transactions, ensuring 100% reconciliation on a daily basis. Conducted internal audits, reducing discrepancies and improving financial transparency. Streamlined procurement and vendor management, reducing procurement costs by 12%. Assisted external auditors in month-end and year-end closing, ensuring smooth audits. Maintained compliance with regulatory financial reporting standards.

Accountant

• Job Details:Maintained ledgers, managed daily financial transactions, and conducted bank reconciliations. Generated monthly financial reports, including trial balance, profit & loss, and cash flow statements. Oversaw accounts payable and receivable, ensuring timely payment processing and collections. Improved cash flow management through precise forecasting and budgeting. Collaborated with senior accountants to execute tax planning and compliance strategies.