Hassan Ali
Calgary
Summary
Dynamic finance professional with over Eight years of experience in the Finance & Accounting, specializing in accounting and financial management. Expertise includes a wide range of finance functions such as accounts payable, treasury, and general ledger, supported by a strong understanding of cash management and financial reporting. Proven ability to optimize revenue streams and implement key standards like IFRS 15 and IFRS 16 while managing a substantial 1,500-unit mixed-use leasing portfolio. Recognized for accuracy in financial reporting, regulatory compliance, and process streamlining through advanced accounting software, contributing to financial growth and operational efficiency of forward-thinking organizations.
Overview
9
9
years of professional experience
Work History
Senior Accountant
Omniyat Holdings
Dubai, U.A.E
04.2024 - Current
- Directed team efforts to ensure accurate record-to-report (R2R) processes and financial statement preparation, enhancing reporting integrity for various leasing and community properties.
- Conducted in-depth cash flow assessments and forecasting strategies to ensure effective liquidity management across a diverse portfolio of over 30 million AED and 1500 units.
- Managed bank reconciliation, collections, and billing processes to ensure accurate financial records.
- Drive budgeting and forecasting activities to support strategic decision-making and financial planning initiatives.
- Lead year-end audits and conduct VAT vs Revenue reconciliations for accurate VAT and Corporate Tax (CT) filings to ensure regulatory compliance and financial accuracy.
- Spearheaded integration of leasing portfolio with CRM through Oracle Fusion, enhancing real-time operational efficiency and effectiveness.
- Drive continuous system enhancements and ERP integration projects to streamline workflows.
- Managed financial reporting, ensuring compliance with regulatory standards and internal policies.
- Led month-end closing processes, streamlining procedures to enhance accuracy and efficiency.
- Supervised a team of junior accountants, providing mentorship and facilitating professional development.
GL Accountant
Dubai Holding - Dubai Community Management
Dubai, U.A.E
09.2022 - 04.2024
- Preparation of financial statements (Balance Sheet, P&L, cash flow)
- Maintaining General ledger and performing periodic reconciliation in order to maintain integrity of the GL in the oracle ERP system
- Reviewing GL of each JOP to ensure accounting entries are completed and posted in accordance with the IFRS and prepare monthly, quarterly and yearly financial statements along with related annexures as required by RERA and management.
- Prepare the working papers, reconciliation and audit schedules to perform audits of JOPs.
- Prepare reconciliation of control accounts with sub-ledgers and prepare budget vs actual analysis & accrual summaries.
- Preparing comparison reports MoM and YTD for major expense heads.
- Preparing journal entries on monthly basis. Supervising closing of books of accounts
- Conducting RERA audits by liaising with external auditors and internal departments
Treasury Officer
Dubai Holding - Dubai Community Management
Dubai
01.2021 - 04.2024
- Prepare bi-weekly cash flow and bank position reports.
- Monthly bank reconciliation of 250 plus bank accounts.
- Monitor and process intercompany transactions.
- Liaising with different banks such ENBD, DIB & ADCB on regular basis for system enhancement.
- Opening and closing of bank accounts as per management directives.
- Change and implement bank mandate as per the policy.
- Review and report accounting discrepancies to concerned dept.
- Implement H2H integration for new properties.
- Maintain credit card transactions details and extract details from Network International portal to identify the payments.
- Collaborating with internal/external stakeholders on the improvement of the reconciliation process.
- Maintaining financial document record and execution of various banking operations.
- Leading treasury team on Urbanise implementation
AP Accountant
Dubai Holding - Dubai Community Management
Dubai, U.A.E
12.2018 - 01.2021
- Booking all vendor invoices on daily basis in ERP System (Oracle)
- Proper Allocation of common and project wise expenses
- Processing payments for local and international supplier in different currencies.
- Supplier Reconciliation on monthly basis
- Handling Supplier and Staff Advances and their settlement every month.
- Monthly closing of Payable Module, resolve unaccounted transaction, reviewing data.
- Transfer to GL and compare with last month for variance analysis.
- Disburse petty cash by recording entry and verifying documentation.
- Processing payments pertaining to corporate expenses and booking the same in the Oracle system.
- Ensure to receive all the rental payments from Tenants of the managed units on timely basis.
- Ensure to deduct the Management Fee, any maintenance done on behalf of landlord & Service charges.
- Transferring rental payments to unit owners after all necessary deductions
- Preparing DEWA & EMPOWER analysis every month for all communities.
- Recording Utilities data in system as per the correct allocation
- Ensuring all the new accounts are added in our DEWA statement codes.
- Making sure all the DEWA accounts have correct TRN as per the FTA certificate.
- Compiling Input VAT data for the filings.
Data Entry Operator
Dubai Electricity & Water Authority
Dubai, U.A.E
11.2017 - 11.2018
- Generating consumption bills for customers in system.
- Customer database creation in system.
- Attending customers enquiries and complaints using online customer help desk.
- Tracked over consumption issues and took necessary actions for rectification of same.
- Send consumption verification details on customer request through website.
- Facilitated moving in/ out request.
- Configured various reports as per management requirement in SAP through IT Dept.
Education
MSc - Public Accounting (PGDPA)
The Institute of Certified Public Accountants of Pakistan (ICPAP)
Dubai07-2023
Certified Public Accountant -
The Institute of Certified Public Accountants of Pakistan (ICPAP)
Dubai06-2026
Post Graduate Diploma - Public Accounting (PGDPA)
The Institute of Certified Public Accountants of Pakistan (ICPAP)
Dubai07-2023
Bachelors of Commerce -
Sarhad University of Science And Technology
Dubai09-2016
Intermediate - Commerce
His Highness Shaikh Rashid Al Maktoum School
Dubai08-2012
Skills
- Skilled in Microsoft Office tools
- SAP ECC
- Proficient in Oracle Fusion
- Oracle EBS
Accomplishments
- Led the implementation of Oracle Fusion, ensuring a seamless transition and operational efficiency.
- Played a pivotal role in integrating Oracle Fusion with CRM to establish real-time data synchronization for the leasing portfolio.
- Oversaw a portfolio of over AED 30 million and 1500 mixed-use units, directing cash flow analysis and financial reporting.
- Spearheaded the implementation of IFRS 16 on the Community Portfolio ERP system, enhancing financial reporting accuracy.
Timeline
Senior Accountant
Omniyat Holdings
04.2024 - Current
GL Accountant
Dubai Holding - Dubai Community Management
09.2022 - 04.2024
Treasury Officer
Dubai Holding - Dubai Community Management
01.2021 - 04.2024
AP Accountant
Dubai Holding - Dubai Community Management
12.2018 - 01.2021
Data Entry Operator
Dubai Electricity & Water Authority
11.2017 - 11.2018
Intermediate - Commerce
His Highness Shaikh Rashid Al Maktoum School
MSc - Public Accounting (PGDPA)
The Institute of Certified Public Accountants of Pakistan (ICPAP)
Certified Public Accountant -
The Institute of Certified Public Accountants of Pakistan (ICPAP)
Post Graduate Diploma - Public Accounting (PGDPA)
The Institute of Certified Public Accountants of Pakistan (ICPAP)
Bachelors of Commerce -
Sarhad University of Science And Technology