Assistant Manager - Internal Audit
Haji Abdullah Alireza & Company Ltd.
Total years of experience :30 years, 0 Months
Manager Finance/
Accounting Manager:
(2001-2013)
On-time, reliable, high quality management reporting internally and externally in compliance with local legislation as well as Corporate guidelines and reporting of Business Unit’s results and KPIs.
Arrange funding for working capital and capital expenditure requirements (including project finance) from Corporate Treasury
Review monthly cost follow up reports for on going Power Plant and Operation & Management projects with project team and Business heads
Prepare monthly cash flow projections and cash conversion cycle
Review monthly aging analysis of receivables and ensure that reasonable collection time is maintained
Liaison with bank and coordinating with the customers/suppliers for negotiating and finalizing import/export letters of credit and guarantees for customers as well as suppliers
Participate in finalizing contracts with customers and suppliers
Prepare Business’ long range plan, budget and estimate, discuss with the Management, Board and Corporate controllers. After approval follow up with Management for achieving the results
and presenting to Board of Directors
Monitoring Business unit performance, profitability and working capital levels together with the Business Management Team members
Ensure that company complies with local legislations and legal requirements such as Zakat & Income tax, audit, customs etc.
Worked on risk management (credit, currency and insurance risk etc.)
Provide financial information necessary to steer and develop the performances of the Businesses (Services, Power Plants & Ship Power)
Gained significant experience in communicating with key stakeholders: Chairman, Board, Shareholders, Corporate Business Control, Tax Authorities, Banks, External Auditors and internal stakeholders (Services Business, Power Plants, Ship Power & HR, )
Develop own and team’s competencies. Develop internal controls in Finance and BUs in accordance with Corporate guidelines
Additional Responsibilities as Company Secretary included:
Organizing the Board of Directors and shareholders’ meetings
Preparing Company presentations for the meetings and writing minutes of the meeting
Presenting the Financial results of the company and other Business matters to the Board of Directors
Participating in Management meetings every month and presenting the Financial results of the company. Preparing minutes of the meeting and distributing to the Management Team.
Handling Zakat and Income tax matters relating to the company and coordinating with the external consultant.
To set up, maintain and develop internal processes and systems in accounting and reporting (in compliance with corporate manual, directives, local legislation etc.)
Senior Auditor:
(1993-2001)
In Saudi Arabia I started my career with KPMG, Nazer & Bannaga a Certified Public Accounting Firm in January 1993. I was thoroughly trained in different facets of Accounting and Audit and exposed to international standards and work environment.
Senior-in-charge of audits including full planning, budgeting and time analysis — responsible for up to 2 staff. During association with KPMG, I have been involved under different capacities in various assignments such as Statutory audits, audits for Group reporting purpose for International Clients, Special Assignments, Due Diligence reviews and preparation of financial statements of clients such as Islamic Development Bank (IDB) Saudia Dairy & Foodstuff Company (SADAFCO), Saudi New Zealand Milk Products Company and Wartsila Diesel S.A. Ltd., etc.
Attended the “Lead Middle East” training organized by Wartsila Dubai and facilitated by “Change Track Research” the objective of the program was to develop managers' leadership skills to lead, motivate and engage their employees to achieve the business targets.
Basically Commerce (B.Com) graduate from Osmania University in Hyderabad. Completed B.Com in 1986 with Advance Accountancy, Cost Accountancy as well as Auditing & Income Tax as major.