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

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