MUSTAFA MUSTAQ KHOKHAWALA

Al Khail Gate Community, Dubai, United Arab Emirates

+971501556346  khokhawalamustafa786@gmail.com,
https://www.linkedin.com/in/mustafa9811/

AREAS OF FOCUS: ACCOUNTING /AUDITING/ INDIRECT TAXATION/AI

O B J E C T I V E /P R O F I L E O V E R V I E W

Astute, diligent, and highly accomplished professional, powered with comprehensive years of successful career in
Accounting & Finance, Taxation, ERP Environment, Financial Reporting & Analysis and Audit & Assurance.

 Offer in-depth knowledge of VAT/GST/UAE Corporate Tax

 Strong knowledge of IFRSs/IASs/Code of Ethics/ US GAAP

 Registrations and Reporting of Anti-Money Laundering Law – UAE (AML)

 Economic Substance Regulation – UAE Assessment of the Applicability and

Notification
 UBO – Ultimate Beneficial Owner as per Cabinet Decision No. (58) 2020

Taxation ISAs - International Standards on Auditing

Audit and Assurance ESR- Economic Substance Regulation
Forecasting and Analysis UBO – Ultimate Beneficial Owner
Preparation of Financial Statements AML - Anti Money Laundering
International Financial Reporting Standards AI Implementation

ALBA CORPORATION DUBAI FEBRUARY 2023 – TILL DATE

ASSOCIATE HEAD OF ACCOUNTING
Alba Corporation, a prominent Dubai-based conglomerate, is renowned for its flagship company Alba Cars, a leading
name in luxury used car dealerships. Accompanied by a suite of other businesses including Alba Homes, Alba Jobs,
Ravo, and Instacuts, the corporation is celebrated for its commitment to innovation and excellence across diverse
industries.
Responsibilities includes.
• Orchestrated the management and optimization of fixed assets to align with current accounting standards and
regulatory compliance.
• Led collaborative efforts with controllers and external auditors to ensure accuracy and transparency in financial
reporting, particularly during critical year-end closings.
• Executed and supervised the preparation of monthly journal entries, emphasizing meticulous accuracy to maintain
integrity in financial records.
• Applied advanced analytical skills to identify, investigate, and resolve financial discrepancies, thereby upholding
the accuracy and reliability of accounting data.
• Directed a skilled team of five in managing and processing a wide range of payments, including customer invoicing,
supplier settlements, intercompany transactions, and payroll.
• Implemented effective strategies for the administration and compliance of UAE VAT and Corporate Tax obligations.
• Ensured stringent adherence to Anti-Money Laundering (AML) policies, reinforcing the company's commitment to
legal and ethical financial practices.
• Pioneered the adoption and utilization of Generative AI technologies to streamline accounting processes, enhancing
efficiency and decision-making capabilities.

HADER SECURITY & COMMUNICATIONS SYSTEMS LLC ABU DHABI MAY 2022 – JANUARY 2023
SENIOR GENERAL ACCOUNTANT
Hader Security & Communications Systems LLC (HSCS) together with its associate Tabbara Electronics LLC (TE) is a
turnkey solutions provider in UAE and is considered among the largest system integrators in the UAE serving government
MUSTAFA MUSTAQ KHOKHAWALA (ACCA ASPIRANT)
and Oil & Gas clients in the security and telecommunications sector.
Role as a Senior General Accountant
• Manage and oversee the day-to-day accounting operations of the company, ensuring compliance with accounting
principles and regulations,
• Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements,
• Develop and implement financial strategies to support the growth and profitability of the company,
• Prepare budgets, forecasts future financial performance and monitoring actual results against plans,
• Collaborate with other departments and managers to provide financial insights and support decision-making
processes,
• Ensure accurate and timely financial reporting to management, board of directors and external stakeholders.
• Manage and train staff, ensuring accurate and timely financial reporting.
• Coordinate and lead the annual audit processes, ICV score improvement planning and handle VAT returns and
other regulatory requirements.
• Continuously review and improve internal financial controls and accounting processes.
• Develop and maintain strong relationships with external stakeholders, including banks, investors, lawyers and
auditors.
• Reviewed customer and vendor contracts, providing comprehensive analysis and recommendations on financial
aspects to management for informed decision-making.

SPICER PEGLER AUDITING & ACCOUNTING DUBAI FEBRUARY 2020 – APRIL 2022
ACCOUNTS AND AUDIT EXECUTIVE
Spicer Pegler Auditing & Accounting (SPA) together with its associate Brooks Management Consultancies (BMC)
backed by 6+ years’ experience with 500+ clients in Dubai, Oman & Bahrain.
Role as an Accounts Executive
• Maintaining precise client book-keeping and generating insightful MIS Reports.
• Handling VAT registration, deregistration, amendments, and compliance tasks on the FTA e-service portal.
• Analyzing business operations for accurate accounting treatments and conducting thorough financial analysis.
• Scrutinizing ledgers, preparing VAT computations, and filing necessary returns and applications.
• Detecting financial irregularities, conducting 'VAT Deregistration Threshold Tests,' and advising management for
strategic planning.
• Developing audit working papers as per ISA, analyzing financial transactions, and participating in audit meetings.
• Ensuring effective collaboration across company departments.

PACKWELL ENTERPRISES LLP MUMBAI 2018-2019

SENIOR ACCOUNTANT
Packwell Enterprises LLP together with its associates GKP Printing and Packaging Limited, and Shree Shyam
Packaging are a packaging manufacturer and trader group of companies (GKP Group), backed by 30+ years’ experience
with 200+ clients in 6+ countries including China/South Africa/Angola. Packwell Enterprises LLP are one of the fastest
growing manufacturers of Low-Density Polyethylene Bags in Mumbai. They are one of the leading traders of Kraft Paper
and Duplex in Mumbai and Vapi.
Role as a Senior Accountant (Most Importantly)
• Conducting the operational accounting for Packwell Enterprises LLP.
• Maintaining and reconciling fixed assets sub-ledger, including acquisition, disposals, and transfer of company
assets,
• Performing intercompany reconciliation and balance sheet variance commentary,
• Passing monthly journal entries, amortization of prepaids, accruals, and depreciation of fixed assets,
• Filing GST and TDS returns for all the pool companies by reconciling the purchases with the GTR-2A to ensure
proper input claimed in the returns.
• Preparing ad hoc reports for Finance Head, Partner, Director, and CFO.

ZULFIKAR & CO. AND ANIL M PARIKH & CO MUMBAI 2016-2017

ACCOUNTS AND AUDIT INTERN
As a dynamic Accounts and Audit Intern with both Zulfikar & Co. and Anil M Parikh & Co. in Mumbai, I enhanced my
expertise in tax audit, compliance, and statutory audit, leveraging my potential to meet and exceed the expectations set
by two esteemed audit firms.
Role as an Accounts and Audit Intern
• Conducted thorough audits, compliance reviews and internal control assessments to ensure adherence to
various regulations and standards,
• Played a pivotal role in financial data analysis, journal and ledger management, & end-of-year adjustments,
MUSTAFA MUSTAQ KHOKHAWALA (ACCA ASPIRANT)
• Expertly prepared and filed GST/VAT, TDS and Income Tax Returns for diverse entities including individuals,
partnerships, LLPs and companies,
• Maintained meticulous books of accounts in accordance with Ind-AS and managed daily financial processes such as
accounts receivable/payable and bank reconciliations.
Involved in rendering accounting, audit, assurance, and business advisory services to clients in the following industries:
● Trading Businesses ● Manufacturers ● Photographers ● Interior Designers ● Software License Service Providers ●
Content Creators ● Football Clubs ● Smart Security Service Providers ● Automobile ● Construction ● Software
development Sports goods ● Special Purpose Entities (Provident Fund, Trust, Charity, and Donation)
EDUCATI ON

2022 ASSOCIATION OF CHARTERED AND CERTIFIED ACCOUNTANT - ACCA PURSUING…

UNITED KINGDOM
2022 B. SC (HONS) IN APPLIED ACCOUNTING – PURSUING…
OXFORD BROOKES UNIVERSITY, UNITED KINGDOM
2019 BACHELOR OF COMMERCE – B. COM
UNIVERSITY OF MUMBAI, MUMBAI, INDIA
2016 HIGHER SECONDARY SCHOOL CERTIFICATE – COMMERCE MAJOR
MAHARASHTRA STATE BOARD, MUMBAI, INDIA
2014 SECONDARY SCHOOL CERTIFICATE - SSC
ST. FRANCIS DE SALES SCHOOL, MUMBAI, INDIA
SKILLS AND CERTIFICATIONS
• Proficient in Microsoft Office Suite, including advanced Excel, Word, and PowerPoint, with beginner skills in
Microsoft Project.
• Highly skilled in accounting software such as Zoho Books, QuickBooks (Desktop and Online), Xero, Tally ERP 9,
and Tally Prime.
• Strong in communication, presentation, analytical, and team management capabilities.
• Completed a 60-hour training in Data Science Mining by Mr. Barton Poulson.
• Certified in Investment Banking Overview and Copyright Made Easy from WallStreetMojo.com.
• Actively engaged in enhancing skills in Python and Data Science to incorporate AI into professional practices.
• Focused on applying AI and data science in practical scenarios, particularly in areas like Corporate Tax.
ACHIEVEMENTS
• Currently working on an AI-driven project in Corporate Tax, applying Python and Data Science skills.
• Engaged in Python and Data Science learning to incorporate AI into everyday tasks.
• Developed multiple GPTs within ChatGPT for effective compliance query management in my previous company.
• Created a CustomGPT for internal team task management and procedural guidance.
• Innovated an MS Excel formula for textual conversion of numerical values, enhancing reporting efficiency.
• Conducted GST training for new staff, significantly improving productivity and understanding of business
processes.
• Saved 100 annual hours at Anil M Parikh & Co. by developing a TDS Returns error reference manual.
• Achieved a 15% reduction in overheads at Packwell Enterprises LLP through new inventory and process
management systems.
• Automated workflows at Packwell Enterprises LLP with the development of Inventory, WIP, and Scrap models,
including a real-time Inventory Register.
INTERESTS AND ACTIVITIES
• Actively participating in seminars on the latest IFRS and ISAs amendments, exploring innovative financial
practices.
• Assisting colleagues with technical challenges and sharing advanced techniques for software and program
utilization.
• Keenly monitoring market dynamics, including IPOs, liquidations, takeovers, and joint ventures.
• Deeply interested in the evolving world of cryptocurrencies, their impact on daily life, and their potential as
future global currencies.
• Particularly fascinated by the applications of AI in finance and accounting, consistently exploring its
transformative capabilities.
PERSONAL I NFORMATION
Marital Status | Unmarried
Date of Birth | August 11, 1998
Visa Status | Visa under cancellation (available to join immediately)