Shaik Faheem Ahmed
Hyderabad
Summary
Structured Accounting Manager skilled in leadership and team development, illustrated over 4 years of accounting and management experience. Meticulous and detail-oriented approach to task completion. Focused on correcting discrepancies to increase accuracy and data integrity. Expertise in financial statement preparation and analysis, operational management, forecasting and cost control. Proficient in all aspects of accounting, including accounts payable and receivable, budget administration and payroll.
Overview
7
7
years of professional experience
Work History
Accounting and Audit Head
K Hussain And Associates, Chartered Accountants
07.2022 - Current
- Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports
- Conducted detailed variance analyses to identify areas of improvement in financial performance
- Reviewed and mitigated discrepancies to increase sales, reduce costs and streamline processes.
- Generated financial and operational reports to assist management with business strategy.
- Conducted regular account reviews with clients, providing valuable insights into performance metrics and recommending actions for improvement.
Senior Audit Executive
K Hussain And Associates, Chartered Accountants
04.2021 - 07.2022
- Preparing Budgets of business such as Restaurant, Medical outlets etc
- Preparation of Audit Plan & ensure completion of the same within the time
- Reviewed general ledger transactions to identify errors or irregular entries
- Established audit and internal control procedures and recommended process improvements to address issues
- Trained new employees on accounting principles and company procedures
- Reviewed accounts and tracked recurring expenses for accrual entry
- Conducted comprehensive data analyses to identify patterns, trends, and potential fraud indicators
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
Audit Executive
K Hussain And Associates, Chartered Accountants
11.2019 - 04.2021
- Ensured timely completion of all assigned engagements while maintaining high-quality deliverables throughout the process
- Prepared working papers, reports and supporting documentation for audit findings
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Gained understanding of goals, objectives and processes to meet client business needs.
- Interacted with internal staff and clients to improve operational knowledge of relevant tax issues and business implications.
- Participated in billing and collections operations to facilitate client payment of overdue invoices.
Article Assistant
Beldi And Associates, Chartered Accountants
10.2016 - 10.2019
- Provided journal entries and performed accounting on accrual basis.
- Managed accounts payable and receivable functions, maintaining accurate records and timely payments to vendors while collecting outstanding invoices
- Assisted senior accountants with complex tax filings, ensuring accurate submissions and minimized liabilities
- · Internal Audit of Various Private companies
- · Performed Concurrent Audit of Banks and prepared Monthly Reports.
- · Preparation of Annual financial statements including Balance sheet, Profit and Loss account, cash flow statement & other notes to A/C’s and finalization of accounts as per Accounting Standards issued by ICAI.
- · Tax Compliance including TDS, Filing of Income tax & Tax Audit returns and Registration , filing of GST returns, various reconciliations pertaining to GST and GST Annual Returns, Audits of Individuals & Corporate
Education
Chartered Accountant -
Institute of Chartered Accountants of India
Hyderabad, India07.2022
Bachelors of Commerce -
Nava Chaitanya Degree And PG College
Hyderabad, India04.2017
Intermediate -
MS Junior College
Hyderabad, India03.2014
SSC -
St' Christopher Convent High School
Hyderabad, India03.2012
Skills
- Microsoft Office
- Tally ERP
- Zoho
- Quick Books
- SAP
- Account Reconciliation
- US GAAP
- Financial Statement
- Financial Reporting
- Forecasting and Budgeting
- Due Diligence and Forensic Accounting
- Analytical Skills
- Presentation Skills
- Leadership & Training
- Stress Management
Hobbies and Interests
- Travelling
- Research
- Cooking
- Tutoring
- Bowling
- Swimming
- Gardening
Languages
English
Advanced (C1)
Hindi
Bilingual or Proficient (C2)
Urdu
Advanced (C1)
Telugu
Upper intermediate (B2)
Timeline
Accounting and Audit Head
K Hussain And Associates, Chartered Accountants
07.2022 - Current
Senior Audit Executive
K Hussain And Associates, Chartered Accountants
04.2021 - 07.2022
Audit Executive
K Hussain And Associates, Chartered Accountants
11.2019 - 04.2021
Article Assistant
Beldi And Associates, Chartered Accountants
10.2016 - 10.2019
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelors of Commerce -
Nava Chaitanya Degree And PG College
Intermediate -
MS Junior College
SSC -
St' Christopher Convent High School
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