Faheem Hassan

• Updated general ledger with latest entries.
• Reconciled balance sheets and streamlined best practices for balance sheet processes.
• Completed year-end closing processes with controllers and external auditors.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Prepared monthly journal entries and reconciliations.
• Reviewed documents and accounts for discrepancies and resolved variances.
• Partnered with auditors to track errors and add contributions to maintain accuracy.
• Reconciled accounts and created documents for monthly closure procedures.
• Assisted in upgrade and conversion of in-house financial systems.
• Reviewed budgets and communicated discrepancies to senior management.
• Assisted team members in transitioning to new system through extensive training and one-on-one support.
• Contributed to hiring, training and development of accounting teams.
• Oversaw accounting team in servicing diverse clients.
• Manage the cash position of the company by preparing forecasted cash flow statements for each bank and handle daily receipts, payments, and fund transfers along with loan and lease settlements accordingly.
• Handling the preparation and processing of monthly payroll, including posting all payroll-related entries.
• Conducting calculations for the End of Service benefits for resigned or terminated employees.

• Facilitated the transition from a basic Accounting System to an ERP System, Microsoft Dynamics 365
• Assisted in the creation of a comprehensive Chart of Accounts
• Aided in the formulation of schedules for importing balance data
• Contributed to the establishment of effective ERP processes
• Successfully reconciled accounts with over 600 suppliers
• Conducted parallel data input in both the legacy and new ERP systems
• Created data mapping documentation for use in migration efforts.
• Collaborated with internal teams and customer representatives to determine data migration requirements prior to accepting projects.
• Researched and resolved complex issues discovered during migrations.

• Handled day-to-day accounting processes to drive financial accuracy
• Charge purchase items to inventory or expenses and relevant cost centers by analyzing invoices, purchase orders, contracts etc.
• Pay vendors by monitoring payment terms and company’s cash position, resolving purchase order issues, contract, invoice or payment discrepancies and ensure proper documentation.
• Ensure proper documentation and records management relating to AP function in accordance with best practices and company policies.
• Managed bank accounts encompassing multiple currencies.
• Oversaw intercompany transactions and consolidations across diverse regions, including Qatar, UAE, Netherlands, and Bahrain.
• Verify supplier accounts by reconciling against suppliers’ statement of accounts.
• Generate and consolidate monthly ageing reports of multiple subsidiaries of holding companies.
• Reconcile the accounts payable ledger to ensure that all purchase invoices, credit notes & payments are accounted for and properly posted.
• Managed accounts payable, accounts receivables, daily invoicing and general ledger transactions
• Manage cash position of the company.
• Provide assistance and cooperation to internal and external auditors by providing required information and liaising with auditors on audit procedures and answering to queries raised during and throughout the audit.
• Facilitated transitioning from a basic Accounting System to an ERP System Microsoft Dynamics 365.
• Played a key role in successful implementation of VAT in UAE and Bahrain entities, including timely filing of quarterly VAT returns.

Accountancy Function

• Compiling monthly management accounts and annual financial statements using both QuickBooks and MS Excel.
• Ensuring timely submission of periodic returns and statutory payments.
• Responsible for preparation of board meeting minutes and submission of board papers.
• Engaging in communication with banks, auditors, and various regulatory institutions.
• Creating weekly cash flow statements and performing monthly bank reconciliations.
• Submitting monthly performance reports for review.
• Overseeing debtors control account.
• Developing and analyzing sales and cash budgets, as well as monitoring variance.
• Managing organization's human resources, which includes maintaining personnel files, leave records, and payroll.

Consultancy Function (Business Plans, Feasibility Studies & Procedure Manual)
Following tasks were carried out for consultancy projects of the company;

• Providing inputs for strategic planning especially in areas of finance.
• Assessing company's present status by thoroughly analyzing its financial statements.
• Conducting financial projections for business plans and feasibility studies
• Conducting sensitivity analysis to identify potential impacts.
• Conducting primary research through methods like questionnaires and surveys especially for NGO projects.
• Formulating and presenting consultancy proposals for assignments.
• Executing tasks related to maintaining monthly management accounts and payroll as part of assignments

• Maintained accurate double-entry bookkeeping records to ensure financial data integrity
• Managed leave files and efficiently prepared payroll, ensuring compliance with regulations
• Oversaw petty cash transactions, implementing a well-documented system for transparency
• Prepared detailed weekly sales analyses, providing valuable insights for decision-making
• Maintained productive relationships with banks and factoring institutions to optimize financial processes
• Provided exceptional customer service by promptly addressing inquiries and processing orders
• Proficiently conducted data entry tasks in various debtor, payroll, and banking software packages.