Wasify Wadeef Latif

Accountant

W.Latif & Co.

01.1993 - Current

Increased efficiency by streamlining accounting processes and implementing new financial software.
Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
Maintained compliance with federal, state, and local tax laws by staying informed about changes and filing all required forms accurately and promptly.
Developed comprehensive budgets that aligned with company goals while ensuring fiscal responsibility.
Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
Conducted thorough internal audits to identify discrepancies, recommend corrective actions, and ensure adherence to established policies and procedures.
Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
Assisted in the development of financial forecasts based on historical trends and current market conditions, supporting strategic planning initiatives within the organization.
Implemented effective cost control measures to minimize overspending without sacrificing quality or service levels.
Enhanced profitability by identifying opportunities for revenue growth through detailed analysis of customer sales data.
Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
Established strong relationships with banking partners to facilitate access to various financial services and secure favorable lending terms for the organization.
Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
Handled day-to-day accounting processes to drive financial accuracy.
Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
Gathered financial information, prepared documents, and closed books.
Reconciled accounts and reviewed expense data, net worth, and assets.
Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
Evaluated and improved financial records to make important business decisions.
Prepared and filed tax forms to meet needs of customers.

Summary

Overview

Work History

Accountant

Education

Graduate Diploma - Accounting

Skills

Timeline

Accountant

Graduate Diploma - Accounting

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