Mr. Shahban Elahi Shahid

Mobile: +97150-1788507; Phone/Fax: +9714-4316793
E-mail: [email protected]

Accounts, Finance, Admin. & Corporate Secretarial Professional

Self motivated/driven and result oriented Finance/Accounts/Admin./Corporate Secretarial professional is offering 15+ years of broad-based experience within reputed organizations. This experience includes five+ years UAE experience. I have been successfully demonstrating professional competencies in handling office general administration, accounting and finance management functions covering transaction recording, book keeping, AR/AP, P/L, bank transactions, reconciliation, maintenance of book of accounts, ledgers, financial statement preparation and MIS reporting. Admired and valued for passion in determining effectiveness of controls and efficiency of operations with aim to continuous improvement in all job functions. Also proven trust worthy person who take care of all assets. Further, I have been providing proactive and efficient administration and human resource assistance with remarkable skills in carrying out multiple task simultaneously, performing well under pressure, maintaining strict confidentiality of company records, dealing with banks for corporate banking matters/facilities.

Strengths
 Broad-based administrative skills.  Expertise in General Accounting
 Experienced in corporate statutory follow-ups.  Financial Planning – Budgeting – Reporting
 Detail experience for establishing new company.  Versed in Preparing Various Financial Reports
 Supply chain / logistics knowledge & experience.  Effective dealing with outsider parties.
 Adaptable to Dynamic Business Scenarios
 Local/international procurement / tendering.  High Sense of Commitment & Responsibility
 Import / Export Procedures & Documentations
CAREER ACHIEVEMENTS

 Successfully achieved performance parameters as well as organizational goals and objectives.
 Admired for initiative in support of management with flexibility in working well in cross-functional teams.
 Demonstrated strong competency in determining effectiveness of controls and efficiency of operations. Developed creative solutions to achieve organizational targets and pioneered significant process improvement which were accepted by the company and implemented across the organization.
 Gained rich exposure in carrying out accounting related functions for diversified industries
 Carried out consistent career growth by using knowledge gained from previous experiences and by upholding dedication and commitment in work profile.

CAREER SNAPSHOT

ISTIL (UAE) FZ-LLC- (Dubai UAE ) Finance Manager
August 2009–to date
SNC Lavaline Inc. (Karachi, Pakistan) SITE Accountant-Admin Officer
Aug 2007 – Dec 2007
Grid Group-Grid Pakistan (Karachi, Pakistan) Chief Accountant/Corp.Secy
Oct 1997 – Jul 2007
Iqbal & Company Chartered Accountants (Karachi, Pakistan) Asst.Sr.Auditor
Jan 1995 – Sep 1997

PROVEN COMPETENCIES

Accounts & Finance Management
 Direct accounting and financial activities including timely preparation and submission of financial reports.
 Manage AP/AR, budgets, forecasts, cash flows, balance sheet and monthly closing of all ledgers.
 Process Payment Vouchers, Purchase Approval Forms, Purchase Orders, Sales Invoices, Credit/Debit Notes.
 Check and monitor sales, purchases and stock records.
 Prepare and process checks to vendors. Classify and match invoices.
 Monitor and implement all accounts payable check activation and wire transactions.
 Manage reconciliations and collections of due account receivable on regular basis including follow ups. Ensure accurate financial recording, reporting, consolidation and accounts finalization to track fraudulent transactions and minimize occurrence of variances.

Mr. Shahban Elahi Shahid

Cont’d…
 Handle depreciation of assets and amortization of pre-payments and expense accrual.
 Review aged receivables; prepare and submit recommendations on write-off of bad debts to FCO.
 Deal with banks for related transactions and facilities.
 Oversee entries in corporate accounting system including booking of sales invoices, allocating receipts for outstanding clients’ invoices, applying credit notes as per BU responsibilities, etc.
 Report invoicing totals, aging totals, cash receipt and invoice adjustments.
 Prepare monthly payroll fin close coordination with the Human Resource and Administration Department.
 Handle complete books of accounts independently up to completion with zero error tolerance including books of transaction, cash, stock, production and other related jobs.
 Prepare bank reconciliation and final accounts statements such as P&L, trial balance and balance sheet.
 Review accounting records and other financial reports to assess accuracy, completeness, and conformance with company policies and applicable reporting standards.
 Evaluate financial records like income statements and documentation of costs to determine forms needed to prepare tax returns. File returns, assess appeals and refund under direct and indirect taxes.
 Review business operations, trends, costs, revenues, financial commitments, obligations and financial statements plus generate reports for the management to have clear understanding on financial position.
 Coordinate operational – financial audit that summarizes organization’s financial position.
Operations Management & Administration
 Internal Audit/Control continuous checking of accounts/transactions.
 Oversee whole gamut of activities within department ensuring smooth flow of daily operations.
 Delegate and supervise various accounting works assigned to staff and provide necessary guidance and instructions to achieve needed result. Foster high quality work performance.
 Help manage motivation and training of the entire staff; ensure that staff had the skills, knowledge and motivation to carry out their roles effectively. Provide leadership, direction and training.
 Participate in planning and policy-making. Work with managers to develop strategic business plans and operations control to ensure company’s financial stability, optimum profitability and continued growth.
 Help review financial statements, activity reports and other performance data to measure productivity and goal achievement and to determine areas and programs needing improvement.
 Facilitate employment of corrective action where adverse variations to target achievement occur or inadequate performance is suspected. Instigate actions to bring about necessary improvements.
 Set up accounting systems and procedures for both accounting and finance division.
 Streamline process and procedures to attain greater efficiency in workflow and deliverables.

PROFESSIONAL DEVELOPMENT

Education
 MBA (Finance & Accounting) – Preston University USA, Karachi, Pakistan (passed in 2004)
 Bachelor Degree In Commerce (B.Com) – Karachi University, Karachi, Pakistan (passed in 1995)
 Diploma in Computer Software Technologies – Petroman Institute (passed in 1995)
Seminars
 Attended various seminars.
IT SKILLS

 MS Office Suit, Various Accounting Packages/Software, Oracle, Supply Chain Management Concepts.

PERSONAL DETAILS

Nationality: Pakistani Date of Birth: 03rd March 1972 Marital Status: Married
Driving License: UAE + Pakistani Languages: English & Urdu