Suhail Ahmad Bhat

Working currently as Financial Accountant (Real Estate and Trading) since 2019 overseeing Finance & Accounts operations which include but are not limited to;

Execution of Receivables & Payables management, consolidation of balances to trial balance before accounts finalization, Accounts balancing & compilation of balances from Trial Balance to P&L Account & Balance sheet to ensure accurate year end close. Disposition of Bank Reconciliations statements & cash reconciliations, MIS Reporting congruence to the management stratagem.

Advance Rental income invoicing, booking security deposits & refunding of security deposits, ejari processing fees & payable management of maintenance dept & DEWA.

Evaluating and ensuring accuracy in various books of accounts, clearing backlogs prior to generating financial statements and reports & Maintaining accuracy in various documents like disbursement vouchers supported by invoices, purchase order, delivery note, quotations, management approval and other documents prior to disbursing payments.

Up-keeping suppliers & customer’s accounts, reviewing purchase, sales invoices & inventory receiving vouchers, payments processing to suppliers & reconciling statements from suppliers & customers for eliminating discrepancies. Reviewing customer & supplier contracts. Aiding in setting the credit limits & credit periods to customers through payment performance indicators

Banking activities like setting up new accounts, adding new signatures, coordinate and resolve various issues with bank such as cleared check differences & obtaining Bank Clearance & Guarantee letters.

Liaise with other accountants for proper maintenance of an integrated accounting system & with CFO for importing credit facilities from financial entities by supplying the corresponding information.

Booking & analyzing VAT Ledgers, creating and reconciling all documents required for periodical VAT filing
Liaison with CFO to ensure & arrange lines of the credit through Mortgage Loans, Vehicle Financing, letters of credit, bills discounting & bank guarantees

Execution of Receivables & Payables management, consolidation of balances to trial balance before accounts finalization.

Accounts balancing & compilation of balances from Trial Balance to P&L Account & Balance sheet to ensure accurate year end close. Disposition of Bank & cash Reconciliations, MIS Reporting congruence to the management stratagem.

Monthly Payables & Receivables aging reports & weekly cash flow forecasts for slashing cash flow problems.

Up-keeping suppliers & customer's accounts, reviewing purchase, sales invoices & inventory receiving vouchers, payments processing to suppliers & reconciling statements from suppliers & customers for eliminating discrepancies.

Liaise with other accountants for proper maintenance of an integrated accounting system & with CFO for importing credit facilities from financial entities by supplying the corresponding information.

Booking & analyzing VAT Ledgers, creating and reconciling all documents required for periodical VAT filing.

Final Accounts Compilation.
Accounts Receivables Management - Overseeing of Invoicing, tracking, monitoring and detailed follow-up of Receivables & document incoming payments.
Accounts Payables Management - prompt tracking and accounting of all payable Invoices & prioritizing payments.
Overseeing & processing GRNs, Inventory physical verification, reporting and analyzing variances between Books & Physical stocks.
Facilitate the completion of audit requests from internal and external auditors.
Monthly Payables & Receivables Aging Reports preparation, SOAs, listing open invoices etc.
Liaison with CFO to ensure & arrange lines of the credit through Mortgage Loans, Vehicle Financing, letters of credit, bills discounting & bank guarantees.

Receivables & Payables Management, Reconciliation Management,

Monthly cash flow forecasts, & Accounts Finalizat