Rahat Ali

General Accountant

Fidinam DMCC • Full time

Jun 2025 - Present • 11 mos

•Maintain accurate bookkeeping records in compliance with IFRS and company standards. Prepare monthly, quarterly, and annual Financial Statements. •Handle Audit requirements and provide necessary documentation and reconciliations. •Perform VAT calculations, filing, and compliance with UAE FTA regulations. •Assist in Corporate Tax calculations and return filing as per UAE Corporate Tax Law. •Manage Accounts Payable and Receivable supplier and client reconciliations. •Bank statement Reconciliation. •Monitor and update general ledger, journal entries, and trial balance. •Ensure proper classification of prepaid expenses, accruals, and fixed assets. Support management with financial analysis, variance reports, and budgeting. •Stay updated on UAE tax laws and accounting regulations

Accountant

EBM Accounting and Bookkeeping LLC • Full time

Jun 2023 - Jun 2025 • 2 yrs

• Maintain accurate and up-to-date financial records, ensuring all transactions are recorded systematically and in compliance with accounting standards. • Manage and process supplier invoices, ensuring timely payments while maintaining accurate records of outstanding liabilities. • Oversee customer invoicing and collections, ensuring timely receipt of payments and maintaining customer account balances. • Monitor and forecast cash flow to ensure sufficient liquidity for operational needs, optimizing financial resources. • Handle petty cash transactions, maintaining proper documentation and ensuring accurate reconciliation. • Regularly reconcile bank statements, ledgers, and financial accounts to ensure accuracy and identify any discrepancies. • Track and manage inventory levels, ensuring accurate reporting and minimizing stock discrepancies. • Analyze costs associated with business operations, helping to improve profitability and inform pricing strategies. • Prepare and submit VAT returns, ensuring compliance with UAE tax regulations and minimizing tax liabilities. • Assist in the preparation and filing of corporate tax returns, ensuring compliance with local tax laws and optimizing tax strategies. • Prepare and analyze income statements to provide insights into the company’s profitability and financial performance. • Prepare and review balance sheets, ensuring accurate representation of the company’s financial position at any given time.

Accountant

National Chemicals Pakistan • Full time

Jan 2020 - Apr 2023 • 3 yrs 3 mos

Booking of petty cash and major expenses and reimbursement on time. Maintain register of all the petty cash expenses paid. Preparation of Sales Invoices, Credit notes, Receivable ageing report &collection report Sales discount review and posting in system. Provide statement of account to customer and sales team for properfollow-up. Reconcile customer account with ledger balances. Providing documents to customer to settle dispute to avoid any paymentconflict. Posting customer payment and bank transfer in ledger and allocateagainst paid invoices. After payment approval prepare cheque / transfer letter and take sign ofthe cheque signing authority. Communication with the supplier to inform your cheque is ready forcollection. Posting of payment into the system and maintaining register for all theCheques issued for payment. Responsible for bank reconciliations, aging analysis and planning forfuture recoveries. Preparation of Balance sheet, Income Statement, weekly, monthly, annualother reports as per the need.Booking Purchase Invoices. Ensure Sales Tax rules and regulations related to invoice booking.