Summary
Work History
Education
Skills
Membership
Certification
Accomplishments
Timeline
Generic

MOHAMED NAZEER MOHAMED NOWZATH

Chief Accountant / Senior Accountant

Summary

Strategic and detail-oriented Senior Accountant with over 8 years of experience across manufacturing,Rent A Car , Automobile , Leasing , Transportation indutsries in Qatar and Sri Lanka . Skilled in financial reporting, budgeting, internal controls, ICV audits, cost control, and payroll processing (WPS).

Proven ability to lead accounting functions, improve profitability, support decision-making, and streamline processes. Advanced in Excel and ERP systems including SAP, Oracle ,Speed Autosystem , Tally, and QuickBooks. Currently seeking a senior finance role to drive operational efficiency and financial insight.

Work History

Chief Accountant

Thousands Rent A Car
01.2021 - Current
  • Prepared and presented monthly, quarterly, and annual management accounts with variance analysis
  • Handle the company overdraft facility, bank loans and other facilities with the Maintain good business relation with bankers and justify their queries.
  • Supervise and allocate the work of the finance department to ensure that all task are completed within prescribed timescales.
  • Led budgeting and forecasting across departments; tracked performance against targets
  • Provided actionable financial insights to senior management for investment decisions
  • Conducted random inventory verification and audit to ensure the inventory accuracy in garage warehouse
  • Implement and monitor internal controls to safeguard financial integrity and mitigate risk.
  • Monitor and maintain the fixed assets system to ensue e asset integrity
  • Develop pricing models for vehicles based on analysis and indus try standards
  • Handle internal and external audits, ensuring smooth interactions and compliance with audit internal and external audits, ensuring smooth interaction and compliance with audit requirements.
  • Conduct regular weekly and monthly finance meetings with management and the finance team for financial planning and review.
  • Conducted comprehensive training sessions for new employees on the ERP module, ensuring a smooth transition and maximizing the system’s capabilities.
  • Led the development of a regulatory compliance dashboard, enhancing data accuracy and decision-making for the management.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Reduced vehicle maintanance cost by 10% by implementing real-time inventory tracking and real-time observation of vehicle maintenance.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.

General Accountant

Strong Rent A Car
01.2019 - 01.2021
  • Assisted with budget preparation, monitoring expenses, and providing timely updates to management on variances.
  • Managed accounts payable and receivable functions, maintaining accurate records and timely payments to vendors while collecting outstanding invoices.
  • Maintained the general ledger, reconciling accounts and ensuring accurate financial records.
  • Manage expenses and inventory control, particularly for spare parts and lubricants
  • Preparation of financial statements in line with Accounting Standards (IASs & IFRSs)
  • Processed performance-based payroll, bonuses, and incentive calculations over 500 employee
  • Processed international payments, LC/LG documentation, and supplier settlements.
  • Managed monthly reconciliation of intercompany transactions, ensuring transparency in financial records.
  • Verified purchase documents for supplier payments, ensuring timely payments to suppliers.

General Accountant

Illayas and Company
01.2017 - 01.2019
  • Preparation of Telegraph Transfer and Bid bond and Performance report
  • Responsible for accurate import costing and comprehensive import document preparation.
  • VAT, Income Tax Calculation and filling.
  • Managed the end-to-end process of monthly bank and supplier statement reconciliations
  • Reconciled accounts and reviewed expense data, net worth, and assets.

Audit Associate

Kreston Sri Lanka
01.2015 - 01.2017
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Evaluated financial statements, identifying discrepancies and providing recommendations for corrective action.
  • Met with clients to identify and assess business controls, risks, and workflow inefficiencies.
  • Assist in preparing financial statements and audit report

Education

Bachelor of Science in Management & Accounting - Management

University of Sri Jayewardenepura
Colombo , Sri Lanka
04.2001 -

ACMA - Accounting And Finance

Certified Management Accountants of Sri Lanka
Sri Lanka
04.2001 -

AAT - Accounting And Finance

Association of Accounting Technicians of Sri Lanka
04.2001 -

ACCA (UK) - Finalist (Reading) - Accounting And Finance

Association of Chartered Certified Accountants
04.2001 -

MBA in Corporate Finance (Reading) -

University of Kelaniya
Sri Lanka
04.2001 -

Skills

Financial accounting

Financial transactions

Month end close

General ledger management

Financial recordkeeping

Internal controls

Financial auditing

Annual budget preparation

Monthly financial statements

Cost accounting

General ledger

Consolidation accounting

Cash flow management

Revenue recognition

Payroll processing

Fixed asset accounting

Budget development

ERP system expertise

IFRS expertise

Cash flow analysis

Stock valuation

Cost savings options

Membership

  • Member Of Certified Management Accountants of Sri Lanka(ACMA)
  • Member of Chartered Professional Managers of Sri Lanka(ACPM)
  • Member of the Association of Accounting Technicians of Sri Lanka (MAAT)

Certification

MAAT

Accomplishments

  • ICV Score boost:Through the strategic planning & thinking raised the ICV Score from 24.2% to 39.5% and secured government projects
  • Escalated the fraudulent in overtime and manpower mobilization: Randomly took the realtime observation of manpower mobilization and found a corruption and bribery .
  • Tax Penalty Resolution & Savings : Successfully resolved long-standing income tax penalties and discrepancies through consultant engagement, resulting in a QAR 0.5 million saving
  • ERP Implementation (speed Auto System & Ramp )& Efficiency Gains : Implemented an ERP module, enhancing operational efficiency, streamlining processes, and enabling a 1-staff reduction in the Finance department.
  • In-house Training Enhancement :Conducted comprehensive training sessions leading to a 20% increase in staff proficiency in emerging accounting standards.

Timeline

Chief Accountant

Thousands Rent A Car
01.2021 - Current

General Accountant

Strong Rent A Car
01.2019 - 01.2021

General Accountant

Illayas and Company
01.2017 - 01.2019

Audit Associate

Kreston Sri Lanka
01.2015 - 01.2017

MAAT

05-2014

Bachelor of Science in Management & Accounting - Management

University of Sri Jayewardenepura
04.2001 -

ACMA - Accounting And Finance

Certified Management Accountants of Sri Lanka
04.2001 -

AAT - Accounting And Finance

Association of Accounting Technicians of Sri Lanka
04.2001 -

ACCA (UK) - Finalist (Reading) - Accounting And Finance

Association of Chartered Certified Accountants
04.2001 -

MBA in Corporate Finance (Reading) -

University of Kelaniya
04.2001 -
MOHAMED NAZEER MOHAMED NOWZATHChief Accountant / Senior Accountant