Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic
Touseef Ahmad (ACCA)

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
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
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
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 Kingdom

Bachelor 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
Touseef Ahmad (ACCA)