Mohammed Faruq Hossain
Dhaka
Summary
Highly motivated, detailed oriented, quick learner and energetic Financial Accountant with 20 years of experience in the Hospitality domain, with excellent deadline driven, analytical and strong organizational skills Excellent communication skills with a talent for analyzing problems, developing and simplifying procedures, and finding innovative solutions for job efficiency Strong customer service skills, flexible, dependable, and work very well with others as well as independently.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Account Consultant
L M M Associates
01.2020 - Current
- Maintained clean and organized files by keeping accounts payable records up-to-date.
- Processed payments and documents such as invoices, journal vouchers, employee reimbursements, and statements.
- Maintained accurate and complete documentation to facilitate accounting and filing functions.
- Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
- Used accounting software to prepare weekly and monthly financial reports.
- Checked general ledger entries to increase accuracy, prevent significant errors and identify adjustments.
- Processed credit card payments and reconciled credit card statements for accuracy in accounting process.
- Analyzed financial discrepancies and provided solutions for accurate financial records.
- Completed payroll functions to facilitate accurate and prompt staff payments.
- Completed financial reports, providing insight into performance, operations and cash flow.
- Coordinated with external auditors to resolve discrepancies.
- Transferred data and documents to facilitate system migration and software updates.
- Assisted management with annual expense plans to strategically track income or revenue.
- Maintained routine communication with clients to assess overall satisfaction, resolve complaints, and promote new offerings.
- Used [Software] to maintain company database with essential account and sales information.
Account and Tax Advisor
Fantasy Iland
01.2014 - 12.2019
- Completed and filed returns with tax departments at local, state, and federal levels.
- Maintained complete records of client tax returns and supporting documentation in secured areas.
- Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
- Maintained compliance by adhering to current tax laws and regulations.
- Communicated with clients regarding tax situations, providing guidance on financial decisions.
- Assessed client tax situations to determine best filing options.
- Prepared tax returns, extensions, tax planning calculations, and write-ups for organizations and entities.
- Offered clients recommendations to reduce tax liabilities.
- Analyzed financial records to verify accuracy of tax returns.
- Identified potential audit red flags to minimize risk of IRS audits.
Chief Financial Officer
Jaroms Group Of Company
07.2004 - 12.2013
- Oversaw budgets, payroll, and accounts payable and receivable.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Worked closely with audit team to hedge against or mitigate operational risks.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Authored, evaluated and reviewed reports to highlight company financials to key stakeholders.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Developed future financial plans to inform critical decision-making related to spending cuts, rightsizing labor force and timing planned business investments.
- Managed and led direct reports to handle controllership, treasury and corporate finance functions.
- Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Assessed company resources to keep business funded and nurture relationships with investors, lenders and key partners.
- Improved cash flow, retired debt and built cash reserves to control costs and enhance benefits.
- Analyzed inventory strategy, reduced expenses and renegotiated contracts with vendors to increase profit margin.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Completed in-depth analyses of risks to control company profile, enhance systems and track legal concerns.
- Prepared year-end fixed asset schedule to create positive impact on shareholders, creditors and investors.
- Established and maintained strong relationships with customers, vendors and strategic partners.
- Managed financial, operational and human resources to optimize business performance.
- Developed innovative sales and marketing strategies to facilitate business expansion.
- Oversaw business-wide changes to modernize procedures and organization.
- Oversaw divisional marketing, advertising and new product development.
Education
Income Tax Practitioner - Taxation
National Board Of Revenue , Bangladesh
Dhaka, Bangladesh2013
Chartered Accounting Course Complete - Accounting
Institute of Chartered Accountant Of Bangladesh
Dhaka , Bangladesh2004
Master of Commerce - Accounting And Business Management
National University Bangladesh
Dhaka, Bangladesh1998
Skills
- Customer Inquiries
- Data Analysis
- Customer Needs Assessments
- File and Database Management
- Payroll Operations
- Ledger and Journal Entries
- Check Disbursement
- Accounts Payable and Accounts Receivable
- Cash Register Operations
- Account Reconciliation
- Account Evaluation
- GL Reconciliation
- ERP (Enterprise Resource Planning) Software
- Monthly Financial Statements
- Internal Controls
- Balance Sheets
- Monthly Reconciliations
- Budget Forecasts
- Microsoft Excel
- Cash Flow Analysis
- Tax Consulting
- Financial Reporting
- Bookkeeping
- Accounts Payable and Receivable
- Bank Deposits
Certification
- Certified [Job Title], [Company Name] - [Timeframe]
Languages
Bangla
Native language
English
Proficient
C2
Hindi
Upper intermediate
B2
Timeline
Account Consultant
L M M Associates
01.2020 - Current
Account and Tax Advisor
Fantasy Iland
01.2014 - 12.2019
Chief Financial Officer
Jaroms Group Of Company
07.2004 - 12.2013
Income Tax Practitioner - Taxation
National Board Of Revenue , Bangladesh
Chartered Accounting Course Complete - Accounting
Institute of Chartered Accountant Of Bangladesh
Master of Commerce - Accounting And Business Management
National University Bangladesh
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