Shoaib Awan

Muhammad Shoaib Senior Accountant- - Profile Senior Accountant with over 16 years of expertise in financial management and accounting, including accounts preparation and finalization. Highly skilled in financial accounting, bookkeeping, banking operations, reconciliation, budgeting, tax filing, payroll management, letters of credit, and ensuring compliance with accounting standards. Experienced in VAT return submission for UAE firms according to UAE Tax Laws, complete preparation of Profit & Loss and Balance Sheet accounts, accounts payable and receivables, income tax withholding, sales tax withholding for the Board of Revenues, income tax quarterly return submissions, sales tax monthly return submissions, and individual income tax return filings. Possesses knowledge of Quickbooks, and Microsoft Dynamics 365 Finance & Operations. Proficient in utilizing Microsoft Excel, managing payments, analytical tasks, and executing complex financial functions to enhance operational efficiency and accuracy. Deadlines are important to me, and I ensure thorough reviews until the work meets expectations. I revamped the accounting system, boosting departmental productivity by 70% through extensive staff training. Professional Experience Senior Accounts Manager, Brighto Paints Pvt Limited Preparing financial accounts, including Profit & Loss statements and Balance Sheets. Ensure proper tax deductions and handle the filing of income and sales tax returns. Comply with advance tax payments and assist with queries from the Board of Revenues. Maintaining accurate financial records and managing bookkeeping tasks efficiently. Submission of VAT returns for UAE firms and manage income and sales tax withholdings. Handling quarterly income tax and monthly sales tax returns, and individual income tax filings. Managing treasury matters, including monitoring bank accounts and funds. Preparing monthly bank reconciliation statements and performing general accounting tasks, including voucher and journal entry validation. Record and check utility bills, travel expenses, and other daily expenses, ensuring financial data consistency. Collaborating with cross-functional teams to streamline financial reporting and improve financial controls. Working with external auditors, providing necessary information, and addressing their concerns. Utilizing Microsoft Dynamics 365 Finance & Operations, and Quickbooks for accounting management. 2014 Jan – present • • • • • • • • • • • • - 1/3 Assistant Manager Finance, Brighto Paints Pvt Limited Prepared financial statements and balance sheets Conducted month-end financial closing processes, bookkeeping, and bank reconciliations. Assisted in the preparation of annual budgets and financial forecasts. Processed payroll for employees and ensured timely tax filings. Supported external audits and responded to audit inquiries. Utilized ERP systems to streamline accounting operations and enhance data accuracy. Managed payroll accounts, accounts closing, and all related accounts work. Handled provident fund administration, including employee contributions and withdrawals. Processed parties' payments, ensuring accurate and timely disbursements. Managed tax deductions in compliance with regulatory requirements. Conducted bank balance forecasting to maintain optimal cash flow. 2007 Dec – 2013 Dec Accounts Officer, Wilshire Labs (Pvt) Ltd. Prepared financial statements, including balance sheets and income statements. Managed full-cycle accounting processes, including bookkeeping, accounts payable, and receivable. Conducted sales tax withholding for the Federal Board of Revenue. Managed tax deductions and returns. Processed payroll for employees and handled provident funds. Handled accounts closing and all related accounts work. Collaborated with cross-functional teams to streamline financial reporting and improve financial controls. 2006 Jun – 2007 Oct • • • • • • • • • • • • • • • • • • Skills Financial Management Financial Accounting Financial Reporting Accounts Payable Accounts Receivable Financial Statement Tax Planning and Compliance Budget Analysis Payroll Management Audit Preparation Financial Forecasting Tax Return Filings ERP Systems Microsoft Excel Bookkeeping Financial Projection Management Consulting Tax Preparation Journal Entries Bank Reconciliation Cash Flow Analysis Microsoft dynamics 365 Quickbooks Cost Accounting Tally ERP Expense Reporting General Ledger Entries and Audits Data Entry Reciepts & Invoices - 2/3 Education Masters in Banking and Finance, University of Management and Technology Grade A 2008 Lahore, Pakistan LinkedIn https://www.linkedin.com/in/shoaibawan294/ Certificates MS dynamics 365 finance and operations - 3/3