ADNAN ALI
FINANCE & ACCOUNTS | SPARE PARTS MANAGEMENT
Email: adnanli4448@gmail.com
adnan.ali238@gmail.com
Phone: +971 50 8907545 | WhatsApp: +971 50 7523824
Abu Dhabi, UAE
SUMMARY
10 years of experience in Spare Parts and Finance & Accounts Management. Proven track record of implementing catalog usage, negotiating vendor terms and streamlining order fulfillment processes. Adept at forecasting demand, reducing costs and maintaining optimal stock levels. Proficient in identifying areas of cost reduction, budgeting & forecasting, interpreting financial data, observing market trends and mitigating finance risks. Expertise in Cash Flow, Financial Auditing, Bank Reconciliation, Accounts Payables, Accounts Receivables, Invoice Accounting, Financial Statements, Balance sheets, Profit and Loss Statements, MIS Reports, etc. Experience in recording detailed accounting information for large organizations.
•Handled financial statements including Trial Balance, Profit & Loss Accounts, Age-wise Accounts Payables, Receivables Statements, Income Statement Reviews & Variance Analysis and Payroll.
•Managed Statutory Books of accounts, Bank Reconciliation, Income Statement, Balance Sheet and Cash Flow and consolidated reports in compliance with time and accuracy norms.
•Assisted the external auditors by providing the necessary data, clarification and other audit-related demands.
•Trained Junior Accountants to ensure all transactions were precisely recorded.
•Reconciliation of Multi-Currency Bank Accounts, Inter-company accounts, Inventory Module with Physical Inventory, etc.
•Maintained and analyzed static & flexible budgets, variance analysis and ad hoc reports.
•Processed costing of finished goods, manufacturing overhead allocation to goods and compared actual results with forecasted budgets to report variances and costing deviations to the management.
•Processed supplier payments and verified the credit terms and intercompany accounts.
•Provisioned for accrued income & expenses including payment of prepaid expenses.
•Processed payroll and disbursement of salaries, including overtime calculations through WPS.
•Monitored long-term liabilities, like vehicle loans and cleared the payments.
•Assisted in preparing budget forecasts, budget planning and monthly analysis of accounts as required in financial reports.
•Provided necessary analysis every month, to justify updates to cash forecast and reconcile short-term cash forecast to financial planning and analysis.
•Provided support to the cross-functional teams to achieve corporate objectives.
•Prepared supporting information and MIS reports for Credit and Portfolio Reviews.
•Provided the management with information regarding the team’s performance and targets.
•Monitored, reported, defined and documented critical internal control processes and issues requiring escalation.
• Handled financial statements including Trial Balance, Profit & Loss Accounts, Age-wise Accounts Payables, Receivables Statements, Income Statement Reviews & Variance Analysis and Payroll.
• Managed Statutory Books of accounts, Bank Reconciliation, Income Statement, Balance Sheet and Cash Flow and consolidated reports in compliance with time and accuracy norms.
• Assisted the external auditors by providing the necessary data, clarification and other audit-related demands.
• Trained Junior Accountants to ensure all transactions were precisely recorded.
• Reconciliation of Multi-Currency Bank Accounts, Inter-company accounts, Inventory Module with Physical Inventory, etc.
• Maintained and analyzed static & flexible budgets, variance analysis and ad hoc reports.
• Processed costing of finished goods, manufacturing overhead allocation to goods and compared actual results with forecasted budgets to report variances and costing deviations to the management.
• Processed supplier payments and verified the credit terms and intercompany accounts.
• Provisioned for accrued income & expenses including payment of prepaid expenses.
• Processed payroll and disbursement of salaries, including overtime calculations through WPS.
• Monitored long-term liabilities, like vehicle loans and cleared the payments.
• Assisted in preparing budget forecasts, budget planning and monthly analysis of accounts as required in financial reports.
• Provided necessary analysis every month, to justify updates to cash forecast and reconcile short-term cash forecast to financial planning and analysis.
• Provided support to the cross-functional teams to achieve corporate objectives.
• Prepared supporting information and MIS reports for Credit and Portfolio Reviews.
• Provided the management with information regarding the team’s performance and targets.
• Monitored, reported, defined and documented critical internal control processes and issues requiring escalation.
