Mohammed Shafiuddin

Mohammed Shafiuddin

Accounting Manager | BookKeeping
Reply rate:
-
Availability:
Full-time (40 hrs/wk)
Location:
Hyderabad, Telangana, India
Experience:
16 years
MOHAMMED SHAFIUDDIN - •-• India • Open to Remote • Open to Relocate • LinkedIn Accounts Manager Accomplished Account Manager with over 16 years of expertise in financial management, accounting systems, and customer relations across diverse geographies, including US, German, and Australian markets. Adept at leading finance teams, driving revenue growth, and implementing advanced accounting software solutions to streamline financial operations and enhance reporting accuracy. Proven track record in managing multi-million-dollar accounts, ensuring compliance, and delivering strategic financial insights that support informed decision-making. Skilled in executing complex system integrations, handling payroll management, and optimizing accounts receivable and payable processes. Known for fostering strong relationships with stakeholders, mentoring teams, and driving continuous process improvements that contribute to organizational success. Flexible and open to remote or on-site opportunities, bringing exceptional problem-solving and leadership abilities to achieve business objectives. Professional Experience Orion India Systems Pvt Ltd, India Jun 2014 - Present Accounts Manager, Hyderabad Revenue Recognition, Testing, and Analysis: Managed revenue recognition processes across various streams, including Fixed Fee Maintenance, Proof of Concept (POC), Milestone-Based Projects, and Time & Material (T&M) engagements. Conducted thorough testing and analysis to ensure compliance with accounting standards and accurate financial reporting. Accounts Receivable Management: Oversaw the complete lifecycle of accounts receivable, managing all financial transactions, invoicing, and collections to maintain cash flow and ensure timely payment processing. Analyzed outstanding balances and implemented strategies for effective credit management. Auditing: Led the examination and validation of financial statements, addressing audit queries, and ensuring the timely delivery of key financial documents. Collaborated with internal and external auditors to facilitate smooth audit closures and compliance adherence. Led a team of 10 accounts personnel, ensuring timely completion of monthly financial activities and adherence to deadlines. Conducted financial analysis and generated project profitability reports, identifying opportunities to enhance revenue growth. Managed US payroll processing, ensuring compliance with Federal and State tax laws, and addressed payroll discrepancies promptly. Reviewed contracts, SOWs, and purchase orders for accurate invoicing and revenue recognition. Managed US accounting with expertise in handling German and Australian accounts, overseeing $30-35 million in monthly revenue. Created and reviewed budgeting and financial reports on a monthly basis, providing insights for strategic planning. Implemented Microsoft Dynamics NAV and NetSuite for financial operations, optimizing reporting and data management. Developed advanced dashboards and reporting mechanisms for accounts receivable and payable, improving data visibility and financial accuracy. Led the integration of third-party HRIS systems and managed ERP migrations, ensuring a smooth transition with no business disruptions. Designed and maintained a centralized content management portal using SharePoint, supporting over 1,500 employees globally. Provided training and support to team members on new software and accounting practices, improving overall team efficiency and performance. Evaluated project profitability using financial metrics such as NPV and IRR, and provided insights to the sales team for better resource allocation. ARTMAN SERVICES PVT. LTD, India Oct 2007 - May 2014 Sr. Accounts Executive, Hyderabad Managed end-to-end accounting cycles, including US payroll, invoicing, and billing, using QuickBooks. Handled accounts payable, receivables, and collections, achieving a 98% success rate in timely payments and collections. Conducted bank reconciliations, prepared cash flow statements, and generated profit and loss reports to support financial decision-making. Provided data analysis and reporting using QuickBooks, contributing to accurate budgeting and financial planning. Led the implementation of automated payroll processing, reducing payroll discrepancies and manual workload. Generated budget and 1099 reports and provided data analysis utilizing QuickBooks. Core Competencies Accounting Software Microsoft Dynamics NAV, Netsuite, QuickBooks, Xero Financial Management Budgeting, Cash Flow Statements, Financial Statements, Financial Analysis Client Management Client Acquisition & Transitioning, Customer Relationship Management, Vendor Management Project & Program Management ERP System Integration, Project Profitability Analysis, Business Strategy Implementation Financial Operations Accounts Payable, Billing, Accounts Receivable, Bank Reconciliations, Payroll Management, Audits Education Shahjahan College of Business Management, Osmania University, Hyderabad, India, Masters in Business Administration Arunodaya Degree College, Osmania University, Hyderabad, India, Bachelors in Commerce Projects CRM Integration for Revenue Management (Jan 2022 - Present): Integrated CRM with the accounting system to align revenue opportunities, reducing revenue leakage and ensuring accurate financial reporting. Project Profitability Analysis (July 2021): Analyzed project profitability by evaluating financial gains and losses across projects, which helped the sales team focus on high-profit clients and expand into new markets. Microsoft Dynamics NAV Implementation (July 2018): Facilitated the implementation of Microsoft Dynamics NAV to streamline accounting processes and enhance financial data management. Created new invoice templates, set up general ledger entries, and integrated with other business units for smooth financial operations. General Ledger Management (April 2017): Took charge of general ledger management and reconciliations, ensuring high data accuracy and integrity, which led to better financial reporting and planning. NetSuite Implementation (Jan 2016): Devised a strategy for transitioning to NetSuite, improving report generation and reducing manual record maintenance. Enabled the company to leverage NetSuite’s capabilities for budgeting, forecasting, and financial analysis.
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