Muhammad Shoaib

Accountant with hands-on experience in the aviation and automotive industries covering the full accounting cycle: general ledger (GL), accounts payable and receivable (AP/AR), fixed assets, bank reconciliations, financial statement preparation, and year-end closing. Reconciled intercompany current accounts between group companies and prepared commission and incentive reports for the sales, spare parts, and service departments. Proficient in Kerridge Autoline, Pact Accounting, and MS Excel, with 120 hours of formal SAP S/4HANA FI training.

Senior Accountant at Wallan Aviation Company (2018-05 – 2021-03)

• Financial Statements: Prepared annual financial statements, including the balance sheet and income statement, and supported year-end audit preparation.
• Accounts Payable & Receivable: Managed accounts payable and receivable, including invoices, payments, and aging analysis, to keep ledger balances accurate and timely.
• Prepayments & Accruals: Managed monthly prepaid expenses and expense accruals to ensure costs were recorded in the correct accounting period.
• General Ledger & Cost Accounting: Maintained accurate general ledger balances, processed journal entries, and handled cost allocations across departments.
• Fixed Asset Accounting: Managed the fixed asset register for approximately 200 assets, including capitalization, disposals, and monthly depreciation postings.
• Year-End Closing & Audit Support: Reconciled accounts, posted year-end adjusting entries, and prepared balance sheet schedules and supporting documents for internal and external audits, so ledger balances could be traced and explained.
• Financial Controls: Reviewed payment vouchers and supporting documents prepared by junior staff for accuracy, completeness, and proper authorization before sending them to the manager for approval and payment release.
• Team Guidance: Guided junior accountants on accounting procedures and reviewed their bank reconciliations.
• President’s Credit Cards: Reconciled the president’s personal and business credit card statements to ensure appropriate expense allocation and approval.

General Accountant at Wallan Automotive Company (2012-10 – 2018-04)

• AP & Payment Controls: Maintained vendor payment schedules, verified three-way matching of purchase orders, receiving reports, and supplier invoices, and reviewed payment requests before submission for approval.
• AR & Debt Recovery: Managed accounts receivable for key motor insurance accounts and followed up on disputed invoices and outstanding balances to support debt recovery.
• Bank Reconciliations: Performed monthly bank reconciliations for 4 corporate bank accounts, investigated uncleared items, and resolved discrepancies to maintain accurate ledger balances.
• GL & Cost Accounting: Processed daily journal entries, allocated shared departmental expenses, and performed periodic ledger reconciliations.
• Commission & Incentive Accounting: Calculated and maintained monthly commission and incentive reports for automotive sales, spare parts, and quick service departments.
• Intercompany Accounting: Maintained and reconciled current accounts between the group’s automotive and aviation companies.
• Internal Audit & Branch Controls: Visited more than 15 branches to verify that internal, credit, and cash invoices were correct and properly approved, and followed up on control issues and long-outstanding items.

Business Operations Support at Pakistan Woodworking Machinery (2021 – Present)

Supervised factory staff and managed day-to-day supplier and customer relations for a family-owned woodworking machinery business, overseeing procurement coordination and order fulfillment.

Bachelor of Commerce (B. Com) – University of the Punjab, Lahore, Pakistan