Tausif Ahmed-ver1
- 1. 1/2 Tousif Ahmed Naseer +965 99 31 99 20 tausifahmad982@gmail.com Profile An accounts professional offering over 8 years of diversified experience within the finance and accounts function of large group of companies in Kuwait. The experience mainly entails Food & Beverage and Consumer Finance industries. Hands on experience of various accounting functions including accounts payable, accounts receivable, stock costing, bank reconciliations, related party accounting, payment processing, petty cash management, prepayments and accruals. Periodic reporting for management purposes as well as regulatory requirements. Preparation of dashboards and summary reporting and cash flow statement for monthly closing and management decision making. Experienced in using Oracle Financials and other ERP systems for accounting. Successfully implemented Material control system for restaurants and had been part of steering committee for system implementation. A reputed professional known for discipline, commitment, team playing, meeting deadlines, working under pressure, multi-tasking and delivering solutions. Experience The Sultan Center Group, Kuwait Senior Accountant Apr 2008 till date The Sultan Center (TSC) is a diversified and one of the largest groups of companies listed on Kuwait Stock Exchange. TSC is the largest retailer in Kuwait. Other TSC business including Food & Beverage / Catering, Clothing & Fashion, Telecommunication and Security. Joined as an Accountant and got promoted to Senior Accountant position within a short span of 2 years. Successfully carried out general ledger accounting, including posting journal entries, account analysis and reconciliations, month end closing and other daily tasks – acted as chief accountant in the absence of the chief accountant. Assisted Chief Accountant in monitoring cost of the restaurants on monthly basis; investigated any differences in the cost of sales. Carried out payment processing including dealing with local and international suppliers for any payment related issues and account reconciliations. Prepared monthly payables dashboards on aging, payment forecast and other creditor KPIs for management information, control and treasury management. Performed inventory accounting and control that entailed analysis, work in progress reporting, investigation of variance and stock counts. This also included updating recipes and master data on FMC for corrections and update.
- 2. 2/2 Experience (Cont’d) Monitoring of daily purchase cycle on FMC (Fidelio Material Control) and notifying errors and pending requisitions to the related authorities. Cash and bank accounting including bank reconciliations and petty cash recording and control. Prepared and recorded sales transactions. Ad-hoc management reporting and analysis, marketing impact analysis and expense summarization. Al Mulla Int’l Financing & Investment Co. Accountant Jul 2006 – Mar 2008 Al Mulla Group is one of the largest privately owned businesses in Kuwait and the Gulf region. With over 12,000 employees, over 30 different Group companies and subsidiaries, operating in 8 different countries and affiliations with over 200 international brands. Responsibilities included the following: Preparation of monthly and quarterly consolidated and stand-alone financial statements of Al Soor Financing & Leasing Co. (K.S.C.C) – the parent company of Al Mulla Int’l. Preparation of monthly and quarterly CBK (Central Bank of Kuwait) reports for Al Soor Financing & Leasing Co. (K.S.C.C). The purpose of these reports is to show the financial position of the company at each month end. The reports also include the Foreign Currency and borrowings distribution, credit granted (secured and un-secured) to residents and non-residents clients. Preparation of Daily Cash Collection summary for Al Mulla Int'l, posting of daily loan transactions in the Retail Finance Management System. Maintaining supplier accounts, posting debit and credit notes and processing payments. payments Kuwait Aviation Services Co. Operations Coordinator Dec 2004 – Jun 2006 (KASCO) KASCO is a subsidiary of Kuwait Airways that runs the airline’s kitchen and catering operations. Customer Services – it includes dealing with customers (the airlines, other departments of KAC and any local customers) for any catering requirements. Preparation of daily flights movement – including co-ordination with Kuwait Airways flight movement schedule department. Preparation of daily meal order for flights, sending text messages to int’l customers and parties Professional Qualification ACCA (Association of Chartered Certified Accountant) - Student UK Certified Accounting Technician UK Diploma in Information Technology and Hardware Certification Pakistan Higher Secondary School Certificate FPS College, Kuwait Personal information 31 years old Male Married English, Arabic (basic), Urdu Place of birth: Pakistan Muslim