KALEEM ABBAS

Manager Accounts

Kip McGrath Education Centres • Tiempo completo

Apr 2022 - Present • 4 yrs 7 mos

Managed budget preparation, financial planning, performance monitoring, and cost analysis to improve operational efficiency and profitability. Prepared and submitted quarterly VAT returns, ensuring compliance with UAE tax regulations and minimizing financial risks. Processed employee payroll through the Wage Protection System (WPS) and calculated and settled End-of-Service Benefits (Gratuity). Conducted monthly and annual bank reconciliations, expense analysis, and financial reviews to ensure accuracy and proper financial control. Prepared financial statements, including balance sheets, income statements, profit and loss accounts, and management reports. Managed accounts payable and receivable, journal entries, account reconciliations, and financial transaction recording. Maintained fixed asset registers and calculated depreciation using various methods in accordance with accounting standards. Prepared contract-wise financial reports, periodic invoices, expenditure statements, and project performance reports. Analysed financial data, business trends, costs, revenues, and forecasts to support management decision-making. Coordinated with MOHRE, PROs, banks, financial institutions, external auditors, and the ICV team. Ensured compliance with GAAP, IFRS, UAE tax regulations, and applicable financial reporting requirements. Maintained accurate financial documentation, records, and supporting schedules in accordance with company policies. Provided timely financial information and recommendations to management to support budgeting, planning, and business growth. Built and maintained strong client relationships through effective communication and professional coordination. Monitored cash flow and managed daily financial transactions. Improved financial controls and resolved accounting discrepancies. Prepared forecasts and analysed budget variances. Managed supplier payments, customer collections, and outstanding balances.

Accountant

Business Pros • Tiempo completo

May 2018 - Apr 2022 • 3 yrs 11 mos

Proficiently managed budget preparation, diligently monitored financial performance, and provided valuable recommendations for enhancing company's operations and financial outcomes Proficiently managed the preparation and timely submission of VAT returns on a quarterly basis, ensuring compliance with regulatory requirements and minimizing financial risks Processing of payroll of employees through Wage Protection System (WPS) and End of Service Benefits (Gratuity) calculations/settlements. Expense analyses, bank reconciliation on a monthly and annual basis. Acting as a liaison officer with the MOHRE (PRO), banks and other financial institutions on behalf of the company. Preparation of fixed asset schedule, able to charge depreciation with different methods. Preparing the reports to reflect the period of performances, periodical invoices, and expenditure statements in respect of each contract. Summarize current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports. Contribute to a strong client relationship through positive interactions with client Personnel. Provides financial information to management by researching and analysing Accounting data; preparing reports. Prepares asset, liability, and capital account entries by compiling and analysing account information. Documents financial transactions by entering account information. Liaison with auditors and ICV (inter-country value) Team. Verify, allocate, post and reconcile accounts payable and receivable. Ensure compliance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Documentation & Safekeeping of the Financial Record. To prepare income Statements, Profit & Loss Accounts and Company balance Sheet for Senior Management. Analyse business operations, trends, and cost and projected future revenue and expenses

Accountant

Flannagans Chartered Certified Accountants • Tiempo completo

Jun 2016 - May 2018 • 1 yr 11 mos

Managed bookkeeping and daily financial transactions for UK-based clients. Prepared and submitted VAT returns, ensuring accurate VAT records and compliance with applicable UK VAT requirements. Prepared financial statements, including Income Statements, Profit & Loss Accounts, Balance Sheets, and Cash Flow Statements. Maintained general ledgers and performed bank, credit card, and account reconciliations. Managed accounts payable and receivable, including invoice processing, payment tracking, and outstanding balance monitoring. Analyzed income, expenses, and financial performance to support business decisions. Prepared monthly, quarterly, and annual financial reports for management and clients. Maintained accurate records of sales, purchases, expenses, and other financial transactions. Assisted with year-end accounts preparation and financial documentation. Reconciled VAT accounts and maintained supporting documentation for VAT returns. Monitored cash flow, budgets, and operating expenses to support financial planning. Reviewed financial records to identify discrepancies and ensure accuracy. Maintained organized and confidential financial records while providing timely accounting support to more than 2,000 UK-based clients.