Hussain

Senior Accountant

Fananvi Accounting and Bookkeeping • Período integral

Dec 2023 - Present • 2 yrs 5 mos

• Prepared and maintained accurate financial records by recording and categorizing all business transactions in accordance with accounting standards and internal policies. • Managed the general ledger, chart of accounts, and journal entries to ensure accuracy, consistency, and reliability of financial data. • Performed detailed bank and account reconciliations, identifying and resolving discrepancies promptly to maintain the integrity of financial records. • Handled VAT registration, VAT return filing, VAT draft preparation, and ensured timely, compliant submissions to the relevant authorities. • Managed Corporate Tax registration and Corporate Tax return filing, ensuring full compliance with UAE/KSA corporate tax regulations and maintaining proper documentation. • Oversaw Inventory Management in Zoho Books, including item setup, stock tracking, valuations, adjustments, and inventory reporting. • Conducted comprehensive reviews of books prior to financial reporting to ensure accuracy, completeness, and alignment with accounting standards. • Prepared and analyzed complete financial statements (Profit & Loss, Balance Sheet, Cash Flow), identifying trends, variances, and improvement opportunities. • Managed monthly, quarterly, and year-end closing activities, ensuring timely and compliant financial reporting cycles. • Ensured 100% compliance with IFRS/GAAP accounting principles, VAT rules, corporate tax laws, and reporting standards while staying updated on regulatory changes and best practices.

Accountant

Small Business Accountax. Ltd. • Período integral

Nov 2021 - Nov 2023 • 2 yrs

Managed end-to-end accounting operations for U.S.-based small and medium-sized businesses, ensuring accurate financial reporting and compliance with applicable accounting standards and tax regulations. Handled daily bookkeeping activities, including bank and credit card reconciliations, invoicing, billing, and monitoring accounts receivable and payable to maintain healthy cash flow and timely collections. Prepared, reviewed, and analyzed monthly, quarterly, and annual Profit & Loss statements, Balance Sheets, and Cash Flow reports, ensuring adherence to U.S. GAAP and management reporting requirements. Supported decision-making by providing variance analysis, expense tracking, and financial insights to business owners and stakeholders. Set up, customized, and maintained QuickBooks Online, including designing and managing the Chart of Accounts, general ledger maintenance, journal entries, and data formatting for Intuit ProSeries tax preparation. Ensured accurate categorization of income, expenses, assets, and liabilities in line with U.S. accounting practices. Assisted with month-end and year-end closing processes, including accruals, prepaid expenses, depreciation entries, and account reviews to ensure consistency and accuracy of financial statements. Coordinated with tax professionals during tax seasons and audits by preparing supporting schedules and reconciliations. Handled U.S. compliance-related tasks such as sales tax calculation and reconciliation, preparation of reports for state filings, and assisting in Form 1099-NEC/1099-MISC tracking for vendors. Ensured proper documentation and record retention in accordance with IRS and regulatory requirements. Stayed current with evolving U.S. accounting standards, IRS guidelines, and bookkeeping best practices, implementing process improvements to enhance efficiency, accuracy, and internal controls while supporting business growth.