Ahmed Ali
Chief Accountant
Salmabad
Summary
Accomplished Chief Accountant at Builtech Contracting Company W.L.L., adept in financial accounting and fostering team collaboration. Streamlined balance sheet processes, enhanced compliance, and implemented effective accounting systems, leading to a 30% reduction in financial discrepancies. Proficient in Tally ERP 9 and excels in cash flow management, showcasing a blend of technical expertise and leadership skills.
Overview
17
17
years of professional experience
Work History
Chief Accountant
Builtech Contracting Company W.L.L.
10.2024 - Current
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Ensured compliance with tax regulations by diligently preparing and submitting all required documentation on time.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Accounts Management for Sister Concern Company -KSA
- Project Costing and P & L Reporting
- Import management
- Preparing Product Cost Sheets.
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
- Monitoring periodic verification of Inventory.
Accounts Manager
Metals of Bahrain W.L.L.
11.2022 - 07.2024
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Ensured compliance with tax regulations by diligently preparing and submitting all required documentation on time.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Department wise Costing and P & L Reporting
- Import Management.
- Preparing Product Cost Sheets.
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
Senior Accountant
Celtex Weaving Mills B.S.C
04.2008 - 08.2023
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Project Costing and P & L Reporting
- Import Management.
- Preparing Product Cost Sheets.
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
Accounts Manager
Cinqo Contracting W.L.L.
11.2020 - 11.2022
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Ensured compliance with tax regulations by diligently preparing and submitting all required documentation on time.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Project Costing and P & L Reporting
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
Accounts Manager
Dar Al Binaa Building Contruction
04.2018 - 10.2020
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Ensured compliance with tax regulations by diligently preparing and submitting all required documentation on time.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Project Costing and P & L Reporting
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
Empa Building Materials W.L.L.
Empa Building Materials W.L.L.
02.2017 - 03.2018
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Ensured compliance with tax regulations by diligently preparing and submitting all required documentation on time.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Product Costing & P&L Reporting
- Import Management.
- Preparing Product Cost Sheets.
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
Senior Accountant
K Home & Kitchen W.L.L.
11.2013 - 01.2017
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Ensured compliance with tax regulations by diligently preparing and submitting all required documentation on time.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Developed and implemented effective accounting systems.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Finalization of Accounting Period, preparation of monthly Financial Statements and presenting the same to the Managing Director.
- Cost Controlling and Management.
- Preparation and presentation of Annual Budget.
- Project Costing and P & L Reporting
- Import Management.
- Preparing Product Cost Sheets.
- Submitting month wise P&L Comparisons.
- Handling Statutory Audits.
- Monthly MIS reports to management.
- Ensuring effective management of working capital.
- Managing Accounts Receivable, Accounts Payable & Payroll.
- Variance analysis on monthly profits.
- Business Feasibility Analysis.
- Review of Inventory Reports/ records and advising for corrective action.
Education
BBA - Accounts & Business Administration
Sikkim Manipal University
India 04.2001 -
AAT - Association of Accounting & Technician
Ernyst & Young
Seef Area 04.2001 -
Higher Secondary - Accounts And Commerce
Pakistan Urdu School
Isa Town 04.2001 -
Skills
Financial accounting
Cost accounting
Cash flow management
Debt management
Internal controls
Financial auditing
Microsoft Office
Fast Typing 40 WPM
Software-Tally ERP 9
Software-Focus 60 ERP
Timeline
Chief Accountant
Builtech Contracting Company W.L.L.
10.2024 - Current
Accounts Manager
Metals of Bahrain W.L.L.
11.2022 - 07.2024
Accounts Manager
Cinqo Contracting W.L.L.
11.2020 - 11.2022
Accounts Manager
Dar Al Binaa Building Contruction
04.2018 - 10.2020
Empa Building Materials W.L.L.
Empa Building Materials W.L.L.
02.2017 - 03.2018
Senior Accountant
K Home & Kitchen W.L.L.
11.2013 - 01.2017
Senior Accountant
Celtex Weaving Mills B.S.C
04.2008 - 08.2023
BBA - Accounts & Business Administration
Sikkim Manipal University
04.2001 -
AAT - Association of Accounting & Technician
Ernyst & Young
04.2001 -
Higher Secondary - Accounts And Commerce
Pakistan Urdu School
04.2001 -
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