Md Shamshad Ansari

Account Payable Specialist
Al Wazarat, 12112, Riyad, Saudi Arabia.

About

Experienced professional adept at architecting and enhancing secure user access within
advanced technological ecosystems. I have successfully streamlined complex digital
interactions, ensuring intuitive user experiences and robust system integration. My expertise
extends to leveraging innovative AI platforms and implementing stringent security protocols,
contributing to efficient and reliable operational outcomes in dynamic environments

Work

Bayut KSA
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Account Payable

Riyad, Al Wizarat, Saudi Arabia

Summary

Led comprehensive accounts and operations, overseeing inventory, financial reporting, and customer engagement to drive efficiency and profitability for a diverse meat trading company.

Highlights

Orchestrated end-to-end operational processes for multiple meat categories (beef, chicken, lamb, camel, goat), ensuring stringent quality control and efficient handling from receipt to distribution.

Optimized inventory management by continuously monitoring stock levels and strategically ordering supplies, maintaining optimal product availability and reducing potential stockouts.

Developed and implemented weekly and monthly promotional strategies, successfully increasing sales volumes and fostering repeat customer loyalty.

Prepared accurate daily and monthly financial reports, including sales, purchases, cash book, inventory, and profit & loss statements, providing critical insights for informed business decisions.

Managed vendor and customer relationships, ensuring competitive pricing for quality products and transparent communication regarding receivables and payables, improving financial clarity.

Somerset Downtown Hotel Khobar (Ascott Group)
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Account Payable

Khobar, Eastern Region, Saudi Arabia

Summary

Managed comprehensive accounting functions, including financial reporting, tax compliance, and statutory audits, for a diverse client portfolio within a Chartered Accountancy firm.

Highlights

Executed statutory audits for various companies and banks over three years, ensuring compliance with Government of India regulations and providing detailed audit reports.

Prepared and filed monthly and quarterly Goods and Services Tax (GST) returns, e-way bills, and payments, ensuring timely compliance and minimizing penalties.

Managed end-to-end accounts receivable and payable processes, including invoice generation, payment reconciliation, and ledger maintenance for multiple clients.

Prepared daily, weekly, and monthly financial reports, including balance sheets, profit & loss accounts, and general ledger entries, supporting accurate financial analysis.

Conducted bank reconciliations, prepared payroll, and handled tax computations (TDS, ROC forms) for private limited companies and LLPs, ensuring financial accuracy.

Three Bees Hotel Co.
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Accountant

Riyadh, Riyadh, Saudi Arabia

Summary

Managed daily accounting operations, including invoicing, inventory maintenance, and financial record-keeping for a restaurant business.

Highlights

Issued accurate invoices to direct customers, ensuring timely and correct billing for all transactions.

Maintained precise inventory records within ERP software, contributing to efficient stock control and reduced discrepancies.

Managed and reconciled petty cash transactions, ensuring accurate record-keeping and financial accountability.

Posted all purchase entries in ERP software, streamlining financial data management and reporting processes.

Gulf Union Foods Company

Riyadh, Riyadh, Saudi Arabia

Education

Osmania University
Hydrabad, Telangana, India

Master of Business Administration

Grade: A 63%

Board of V.K.S. University- Bihar
Ara, Bihar, India

Bachelor Of Commerce

B.com

Grade: 64%

Languages

English
Urdu
Hindi
Arabic

Skills

Financial Management

Accounts Payable, Accounts Receivable, General Ledger, Bank Reconciliation, Payroll Processing, Profit & Loss Statements, Balance Sheets, Tax Computation, GST Returns, TDS Returns, Financial Reporting, Petty Cash Management, Invoicing.

Operations Management

Inventory Management, Supply Chain Coordination, Quality Control, Promotional Strategy, Vendor Management, Customer Service, Team Leadership.

Auditing & Compliance

Statutory Audits, Tax Compliance, Government Regulations (India), ROC Forms.

Core Competencies

Diligence, Confidence, Goal-Driven Approach, Pressure Handling, Time Management, Attention to Detail, Client Service, Communication.

Software & Systems

The "3-Way Match" Mastery:, Proficiency in ERP Systems (SAP, Oracle, Odoo, Coupa), Advanced Excel (Data Reconciliation), Vendor Relationship Management & Negotiation, Regulatory Compliance & VAT Knowledge.

Interests

Hobbies

Playing online games, Social Media Platforms, Watching movies and web-series.