Jamshaid Ali

Kloudac Accounting and Bookkeeping LLC • Prepared comprehensive Balance Sheets and Profit & Loss Statements in accordance with International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS), ensuring accuracy and compliance. • Managed monthly, quarterly, and annual financial closings, including journal entries, accruals, adjustments, and reconciliations, ensuring timely and accurate reporting. • Prepared and analyzed Monthly Management Information System (MIS) Reports, providing key financial insights to support management in decision making and performance evaluation. • Computed and filed VAT returns through the Federal Tax Authority (FTA) portal, ensuring compliance with UAE tax laws and timely submission and payment. • Conducted weekly and monthly bank reconciliations, resolving discrepancies and ensuring accurate cash and transaction records. • Recorded and maintained sales, purchases, expenses, and bank transactions using Xero, Zoho Books, and QuickBooks, ensuring data integrity and system accuracy. • Reconciled accounts receivable and payable, monitored aging schedules, and coordinated with clients and vendors to ensure timely settlements. • Processed monthly payroll accurately and on schedule, maintaining compliance with labor regulations and company policies. • Managed and updated End of Service Benefits (EOSB) records, ensuring accurate computation and compliance with UAE labor law requirements. • Prepared and issued tax invoices, debit notes, and credit notes in line with VAT and accounting regulations. • Oversaw petty cash management and reimbursements, maintaining strict adherence to internal control procedures. • Assisted external auditors by providing complete and accurate financial documentation, reconciliations, and audit schedules to ensure smooth audit completion. • Responded to client inquiries and provided financial data, statements, and supporting documents promptly and professionally. • Maintained organized and updated records of company and client documentation, including fixed asset registers, trade licenses, rental and sponsorship agreements, vehicle records, and other government-related documents. • Supported management with budget preparation, cost analysis, and financial forecasting, contributing to strategic planning and business growth.

Associate Chartered Certified Accountant (ACCA) Skans School of Accountancy