Kashif Ahmed
Melbourne,VIC
Summary
Dynamic and detail-oriented Senior Management Accountant with extensive experience in financial operations across multiple entities within the hospitality industry. Qualified by Chartered Accountant Australia and New Zealand, with a Master’s degree in Business Accounting. Proven expertise in budgeting, forecasting, financial planning, and compliance with tax regulations. Skilled in leading accounts receivable and accounts payable teams, managing cash flow, and preparing comprehensive financial reports. Demonstrated ability to analyze revenue streams and reconcile financial data between systems, contributing to informed decision-making and strategic planning.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Senior Management Accountant
Ubertas Group
07.2023 - Current
- Execute day-to-day financial operations, ensuring accuracy and compliance with financial regulations and organizational policies.
- Maintain accurate financial records for five different entities, ensuring compliance with each entity's unique financial requirements.
- Prepare comprehensive financial reports, providing insights into the organization’s financial status, and support management decisions, in collaboration with the CFO.
- Review Profit and Loss statements, generate management account reports, and present financial results to the CFO for performance evaluation and strategic planning.
- Handle budgeting, forecasting, and financial planning, while managing cash flow effectively and reviewing all aspects with the CFO.
- Reconcile balance sheets monthly, ensuring all accounts are accurate and up to date, with results regularly discussed with the CFO.
- Prepare and post monthly journal entries to ensure the general ledger reflects accurate financial information.
- Conduct regular bank reconciliations to verify and align bank statements with internal financial records.
- Oversee the Accounts Receivable (AR) and Accounts Payable (AP) teams, ensuring efficient processes, timely transactions, and reporting outcomes to the CFO.
- Manage and maintain accurate records for debtor and creditor accounts, ensuring timely collection and payment, with a periodic review of cash flows with the CFO.
- Analyze revenue streams and generate detailed reports on income, contributing to strategic financial planning alongside the CFO.
- Classify income according to various revenue sources to facilitate better financial analysis and reporting.
- Reconcile sales figures between the Point of Sale (POS) system and the hotel management system (OPERA) to ensure consistency and accuracy.
- Mentor junior accountants, providing guidance on best practices and fostering a culture of continuous learning within the finance department.
- Strengthen internal controls by conducting regular audits and implementing robust risk management strategies, in consultation with the CFO.
- Negotiate favourable payment terms with vendors, optimizing working capital management without compromising supplier relationships.
Hotel Senior Accountant
Stamford Adelaide
06.2021 - 06.2023
- Review daily financials of the hotel and provide analysis on various revenue-generating units
- Lead the month-end closing process and deliver reports within strict deadlines
- Ensure timely completion of statutory payments and compliance with tax obligations, including GST and FBT
- Continuously assess and streamline accounting processes to enhance efficiency
- Prepare end-of-month (EOM) journals and finalize monthly P&L and balance sheets
- Perform daily bank reconciliations and ensure accurate posting of transactions from accounts receivable
- Process weekly payroll for staff across two properties and finalize the EOM payroll journal for accurate monthly P&L reporting
- Supervise accounts receivable (AR) and accounts payable (AP) teams
- Conduct ad-hoc financial analyses and reporting
- Provide training and guidance to staff on accounting procedures and best practices
- Maintain the fixed assets register and manage capital expenditures (CAPEX)
- Support the external audit process and collaborate with the broader finance team
- Identify opportunities to centralize corporate functions for increased efficiency
Area Account Payable Officer
Stamford Adelaide
01.2020 - 06.2021
- Processing of payments and financial transactions to suppliers and obtaining goods and services from suppliers promptly
- Liaising with finance officers and suppliers concerning stock management, financial records, and accounts
- Verifying expense reports and querying invoice items from internal and external business finance officers
- Communicating with the wider Accounts Payable team and comparing system reports to better manage Accounts Payable processes
- Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc
- Reconciling processed work by verifying entries and comparing system reports to balances
- Paying employees by verifying expense reports and preparing pay checks
- Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
- Preparing analyses of accounts and producing monthly reports
- Continuing to improve the payment process
F&B Management
Intercontinental Hotel Double Bay and Intercontinental Sydney Circular Quay
02.2014 - 06.2019
- Perform financial reporting pertaining to purchases, inventory, and breakage cost and budget variances
- Record monitor and audit actual operating cost and planning expenditures within the allowed budgeted cost and ensuring compliance within statutory requirements
- Forecast levels of demand for services and products
- Closely monitor and check operational costs and stock levels and advise the management on purchase and procurement related matter
- Creating and posting purchase credit memos, reconciling supplier accounts and Up-dating Operating Supplies and Equipment
- Prepare, review, and finalize daily/weekly/monthly salary and wages sheets for internal and external staff
- Responsible for maintaining employee records in the company's payroll system and reporting cost and expenditure issues related to payroll in weekly meetings
- Proficiently utilizing Purchase Plus, E-tivity, ComOps, Foodworks, Preceda and other Enterprise tools to record and monitor financial and operational data
- Responsible for establishing and maintaining high sanitation standards in all food preparation areas
- Responsible for the Maintenance and the cleanest of all F&B service and Kitchen Equipment
- Implementing HACCP compliances across the Hotel (100 % Passing rate in all Audit)
- To achieve objectives set in key result area in the annual PDR
- Responsible to keep F&B equipment inventory book up to date in collaboration with storekeeper
- Adapted quickly to last-minute changes in plans or circumstances without compromising on quality or results.
- Developed and maintained comprehensive inventory systems to ensure timely replenishment of supplies, reducing waste and saving costs.
- Oversaw budget to manage expenditures and control costs.
Education
Master of Business Accounting - Business Accounting
Victoria University
Sydney, Victoria01.2016
Skills
- Management Reporting
- Cash Flow Management
- Cost accounting
- Report Preparation
- Bank Reconciliation
- Financial Statements
- Balance sheets
- ADP Payroll
- Kronos Payroll
- Zambian Payroll
- SUN System Accounting System
- Oracle Opera
- NetSuite Accounting System
- Symphony reporting and POS
- OrderMate reporting and POS
- Purchase Plus
- Attention to Detail
- Oral Communication
- Computer Skills
- MS Word
- Organizational Skills
- Microsoft Office
- Microsoft Excel
- Outlook
References
Current and Previous employer (will be provided on request)
Certification
Certified Management and General Accountant by CA ANZ
Certified Professional year of Accounting by ECA
Languages
English
Full Professional
Urdu
Native or Bilingual
Timeline
Senior Management Accountant
Ubertas Group
07.2023 - Current
Hotel Senior Accountant
Stamford Adelaide
06.2021 - 06.2023
Area Account Payable Officer
Stamford Adelaide
01.2020 - 06.2021
F&B Management
Intercontinental Hotel Double Bay and Intercontinental Sydney Circular Quay
02.2014 - 06.2019
Master of Business Accounting - Business Accounting
Victoria University
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