Arif Sheik

Work History

Rise and Shine Group - Oman , KSA , UAE , India

03.2023 - Current

Maintained strong relationships with external auditors, facilitating efficient communication and coordination during annual audits.
Ensured timely resolution of audit findings by closely monitoring management''s implementation of recommendations and providing support as needed.
Managed a team of Accountants to conduct detailed assessments of financial, operational, and compliance risks within the organization.
Used accounting software to issue tax returns and prepare consolidated reports.
Developed financial models to assess and analyze financial performance of Each branch.
Contributed to the development of annual audit plans by identifying key risk areas, prioritizing resources, and setting realistic timelines for completion.
Handled monthly payroll verification and statutory compliance tasks including TDS, PF, ESI, PT, and GST filings.
Managed quarterly and annual tax compliance such as VAT returns, international income tax filings, and audit closures in Oman, KSA, and India.
Conducted regular review and analysis reports of monthly, quarterly, and annual financial and operational reports across all reporting units.

Basilic Fly Studio Ltd

11.2023 - 02.2024

Reconciled accounts and created documents for monthly closure procedures.
Prepared monthly journal entries and reconciliations.
Reviewed documents and accounts for discrepancies and resolved variances.
Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
Reconciled half yearly balance sheets and streamlined best practices for balance sheet processes.
Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.

Steril gene Lifesciences Pvt Ltd

06.2022 - 10.2023

Coordinated with finance teams to reconcile accounts payable & receivable ledgers accurately and promptly.
Streamlined accounts payable processes by implementing new software solutions.
Facilitated smooth audit processes by maintaining detailed records of all accounts payable transactions. Enhanced financial reporting accuracy through diligent reconciliation of accounts payable and receivable records.
Optimized accounts payable processes by negotiating favorable payment terms with vendors, improving working capital efficiency.
Optimized working capital management by effectively managing inventory levels, accounts payable, and credit policies.

Narendra Sowjanya & co.

03.2018 - 06.2022

Performed pre-audit and internal audits for a multinational automobile company
Stock module evaluation, debtors ageing analysis, and supplier management in internal audit
Process redesign for improved business flow, fixed asset reconciliation, and assessment of internal controls
Executed concurrent, credit, revenue leakage, and currency chest audits for nationalised and co-operative banks.
Conducted statutory audits for banks ensuring compliance with regulatory and legal requirements. Prepared LFAR, performed NPA verification, asset reconciliation, and interest subvention checks for banking clients.
Reviewed loan, deposit, and account operations, ensuring adherence to banking norms and internal policies.
Carried out forensic audits for co-operative societies, identifying embezzlement and cash/jewel discrepancies.
Filling of GSTR 1 , GSTR 3B , GSTR 9 , GSTR 9B
Prepared year-end journal entries to prepare for annual audit.

M Siva Kumar & co.

03.2017 - 02.2018

Followed established auditing processes to meet internal and regulatory requirements.
Executed audit phases and entered data into accounting software for analysis.
Handled day-to-day accounting processes to drive financial accuracy.
Recorded deposits, reconciled monthly bank accounts and tracked expenses.
Inspected account books and recorded transactions.