Touseef Ahmad (ACCA)
Riyadh
Summary
Level-headed accounting & finance specialist backed by 12 years of international experience in strategic planning, accounting & finance cycle management, internal & external audit, VAT filing & taxation, month end closing, project accounting. Equipped with extensive knowledge of internal controls, Cost Accounting, variance analysis, cash flow management, budgeting & forecasting, management accounts, accounts receivable/payable, key business metrics, financial statement preparation, Risk Management, Decision Making, Leadership, Time management, Adaptability, SOPs, and financial analysis along with operational performance reporting in line with accounting principles & regulations.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Finance Manager
Rising Accountancy
Sialkot, Pakistan
02.2021 - 01.2025
- Company Overview: https://www.linkedin.com/company/rising-accountancy/posts/?feedView=all
- Key Responsibilities:
- Lead the internal finance function of the firm, including budgeting, forecasting, cash flow management, and financial reporting.
- Oversee preparation and review of client accounts, VAT returns, payroll, and corporation tax filings in compliance with UK GAAP and HMRC regulations.
- Manage a team of junior and senior accountants; supervise workflow, review deliverables, and provide ongoing training and mentoring.
- Serve as the main point of contact for client financial advisory, offering support on tax planning, cash flow, budgeting, and year-end compliance.
- Coordinate with external auditors for client audits and year-end statutory reporting; ensure timely submission of statutory accounts and filings to Companies House and HMRC.
- Implement and optimize accounting processes and tools, including Xero, QuickBooks, and Sage, to increase efficiency and ensure accuracy.
- Monitor UK financial regulatory changes to ensure ongoing compliance across all client accounts and firm operations.
- Collaborate with leadership on business strategy, pricing models, and identifying opportunities for new services or process improvements.
- Key Achievements:
- Successfully led the onboarding and servicing of multiple UK-based SME clients, improving reporting turnaround times by 25%.
- Reduced internal reporting cycle time by implementing automated reconciliation processes and improving ledger accuracy.
- Enhanced team productivity and morale through structured training sessions and workflow standardization.
Accounts Manager
ST STYLE LLC
Shajah, United Arab Emirates
04.2017 - 07.2020
- Company Overview: https://www.linkedin.com/company/ststyle-llc/
- Key Responsibilities:
- Manage the full spectrum of accounting operations including accounts payable (AP), accounts receivable (AR), general ledger (GL), bank reconciliations, accruals, and fixed assets.
- Prepare and file accurate VAT returns in compliance with UAE Federal Tax Authority (FTA) regulations, ensuring timely submissions and full documentation support.
- Maintain up-to-date financial records and ensure proper classification of transactions in line with IFRS and UAE accounting standards.
- Collaborate with external auditors during interim and year-end audits by providing required schedules, reconciliations, and supporting documents.
- Generate monthly and quarterly management reports, including P&L statements, balance sheets, cash flow statements, and variance analyses to support business decision-making.
- Oversee monthly and year-end closing processes, ensuring completeness and accuracy of financial data across all accounts.
- Monitor and manage company cash flows, payment cycles, and working capital requirements.
- Liaise with suppliers and vendors to handle payment processing, account reconciliations, and dispute resolution.
- Ensure compliance with UAE commercial law and FTA regulations, and stay up to date with changes in financial reporting or tax policies.
- Support budgeting and forecasting processes in coordination with senior management.
- Key Achievements:
- Successfully managed and filed quarterly VAT returns with zero penalties or compliance issues.
- Played a key role in smooth external audit completions for two consecutive financial years.
- Improved the monthly closing timeline by introducing more efficient reconciliation and documentation procedures.
Accounts Manager
Naeem Electronics Private Limited
Sialkot, Pakistan
02.2015 - 12.2016
- Company Overview: https://www.linkedin.com/company/naeem-elc/
- Key Responsibilities:
- Oversaw daily financial operations and accounting transactions using SAP Business One, ensuring seamless data integration across inventory, sales, procurement, and finance modules.
- Maintained accurate books of accounts, posted entries, and performed regular reconciliations for bank accounts, supplier ledgers, and customer balances.
- Developed and maintained customized financial dashboards and reports in SAP to support departmental and management-level decision-making.
- Monitored credit control and receivables aging to optimize cash flow and minimize overdue balances, actively engaging with the sales team for collections.
- Controlled purchase invoicing, goods receipt processes, and cost allocations through SAP’s procurement and warehouse modules.
- Ensured proper handling of inter-branch transactions, warehouse transfers, and internal stock reconciliations within SAP Business One.
- Coordinated with internal departments to maintain accurate inventory valuation and cost of sales reporting.
- Assisted in preparing management accounts, variance analysis, and product profitability reports, contributing to strategic business reviews.
- Played a key role in data accuracy, master data maintenance, and audit trail integrity within the SAP Business One environment.
- Supported system enhancements and end-user training, working closely with the IT team to optimize ERP performance.
- Key Achievements:
- Reduced reporting time by 40% through automation of recurring SAP financial reports and improved GL structure.
- Identified and corrected long-standing reconciliation issues using SAP tools, improving financial accuracy and audit readiness.
- Successfully led internal team training on SAP Business One functions, boosting team efficiency and reducing data entry errors.
Education
GED -
Association of Chartered Certified Accountant
United KingdomBachelor In Commerce - undefined
University of Punjab
01.2010
Intermediate in Commerce - undefined
Sialkot College of Commerce
01.2008
Skills
- Accounting & Finance Management
- Profit & Loss Account
- Treasury Management Operation TMS
- Budgeting & Forecasting
- IFRS, IAS, ISA,SOCPA
- Fixed Assets Management
- Balance Sheet, Cash Flow
- Accounts Receivable & Payable
- Risk Assessment & mitigation
- SAP BUSINESS ONE
- TALLY ERP
- QUICKBOOKS ERP
- XERO
- MICROSOFT OFFICE (MS WORD, MS EXCEL)
- ORACLE
Certification
- ACCA (Association of Chartered Certified Accountants) – Member
- Fully qualified accounting professional with comprehensive expertise in financial management, taxation, and audit
- Globally recognized certification demonstrating mastery of IFRS, and strategic business leadership
- Combines technical accounting skills with strategic commercial awareness
Timeline
Finance Manager
Rising Accountancy
02.2021 - 01.2025
Accounts Manager
ST STYLE LLC
04.2017 - 07.2020
Accounts Manager
Naeem Electronics Private Limited
02.2015 - 12.2016
Bachelor In Commerce - undefined
University of Punjab
Intermediate in Commerce - undefined
Sialkot College of Commerce
GED -
Association of Chartered Certified Accountant