Bhavneet Kaur

I am an ACCA member (United Kingdom) with over 8 years’ experience in Accounting and Finance field working at multi-national companies. I have always been passionate to find solutions to the problems facing the organization and have developed multiple tools to help them find efficient solutions. I have also in-depth experience in setting up accounting systems that are relevant and are aligned to meet organizations strategic goals.

I am also highly organized and skilled in Accounting, Bookkeeping and Taxation functions with ability to efficiently manage all the accounts and prepare bespoke reports and analysis as required by the client. I have ability to work with attention to detail in maintaining accurate financial records and producing timely and precise reporting.

My area of expertise are: 

1. Company formation
2. Setting up Financial systems
3. Financial auditing & Analysis
4. Data Entry & Book Keeping
5. Payroll
6. HR
7. Accounts Management including but not limited to Account Receivables, Account Payable's and Bank reconciliations. 
8. Fixed Assets Reconciliations. 
9. Proficient in number of accounting software applications (QuickBooks online, QuickBooks desktop, Tally, Oracle financials)
10. Preparation of financial statement including balance sheet, profit and loss statement, creditors report, debtors report with aging analysis and other reports. 
11. Interpreting the financial results using Ratio Analysis. 
12. Project Management. 
13. Well versed with Microsoft Office packages (i.e. MS Excel, MS Word).

My Qualifications:

1. Member of ACCA - Association of Chartered Certified Accountants – UK
2. BA (Hons) Accounting and Finance
3. Quickbooks (QBO) certification

Accomplished finance professional with over 8 years’ experience working in Construction, Recruitment and Hospitality industries in Middle-east and the UK. Skilled in financial reporting & analysis, end to end system implementation, process & system improvement. During my career, I had an opportunity of setting up finance department and creating a team of diversified individuals

09/17-Now  FINANCE MANAGER

• Audit financial records and oversee quarterly VAT returns to ensure compliance with the UAE law and International accounting standards (IFRS)
• Review monthly GL entries processed by the Finance associates and reconcile all BS accounts while ensuring there are no unauthorized entries
• Oversee Accounts Payable and process payments for approved invoices to the vendors, along with general utility bills payments 
• Review monthly payroll as per employee’s remuneration package while ensuring deductions (including salary advances, sick days, fines) and overtime hours are recorded accurately
• Analyse monthly P&L and BS, and approve month-end journals including but not limited to payroll, revenue, accruals, prepayments, AP, AR
• Review internal controls and ensure SOPs are followed by the team
• Resolve internal issues by putting effective controls through use of technology
  • Implemented Quickbooks with an aim to efficiently handle and automate financial transactions for quick & accurate reporting. This led to reduction in manual work and errors by 60%
• Analyse monthly P&L for each project and communicate the status of direct costs, overheads and revenue with project managers to ensure that costs are within the budget
• Review and evaluate opportunities for cost reduction. 
  • Implemented vehicle tracking system which increased fuel efficiency by 20% 
  • Tightened Internal controls through implementation of LPO approval system for all purchase transactions resulting in immediate reduction of costs by 20-25%
• Manage cash flow for timely payments of procurements, salaries and other general expenses.
• Present monthly flash reports to MD with justification of variance in P&L and SOFP
• Responsible for recruitment, training and development of Finance associates and providing constructive feedback
• Oversee office operations including labor visa submissions, vehicle renewals, license renewal, employee insurance, fleet management, calculations of gratuity per labour law

1. Member of ACCA - Association of Chartered Certified Accountants – UK
2. BA (Hons) Accounting and Finance
3. Quickbooks (QBO) certification