Muhammad Naveed Hussain ACA CMA, Finance Manager

Muhammad Naveed Hussain ACA CMA

Finance Manager

TECON

Location
Saudi Arabia - Jeddah
Education
Master's degree, Chartered Accountant
Experience
19 years, 4 months

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Work Experience

Total years of experience :19 years, 4 months

Finance Manager at TECON
  • Saudi Arabia - Khobar
  • My current job since October 2018

• Conducted statutory and system audits.
• Developed comprehensive understanding of business and operations as well as accounting and internal control system identifying risk areas during the process.
• Set audit objectives, control risk assessment, make up of overall audit strategies, designed tests of controls (TOCs) and drawing detailed audit approach including substantive tests (TODs) in consultation with engagement partner.
• Supervised execution of audit, monitoring and reviewing audit teams’ performance.
• Prepared reporting documentation, discussion with client on highlighted matters, issuance and communication of final reports and other correspondence.
• Planned and Developed work programs, methodology and disclosures.
• Meetings with clients to research & resolve complex issues & removal of expectation gap.
• Realization of audit objectives by execution of the audit as per audit planning while identifying critical issues having impact on audit planning
• Preparation of interim and annual financial statements of different organisations
• Assessment of financial statements to ensure their compliance with requirements of local laws, Regulation and International Financial Reporting Framework (IFRS)
• Assistance in the conduct of QCR of the ICAP for the purpose of satisfactory rating

Finance Manager at Zamil Industrial Investment Company, KSA
  • Saudi Arabia - Dammam
  • December 2008 to October 2018

• Preparation of quarterly, semi-annually and annual financial statements according to IFRS with disclosures.
• Preparation of budgeted vs actual figures variance analysis, comparison of BUs financial performances based on KPIs, making the executive summary monthly and presenting it to the FD for the BOD.
• Making yearly budgets, forecasts and cost saving analysis for OPEX and CAPEX and making revisions if necessary.
• Providing financial/ non-financial information to FP&A department, BU GMs and other executive staff to help them making important decisions.
• Dealing with banks to negotiate guarantees and loans.
• Dealing with internal audit inquiries, making the corrections and follow-up so controls are in place.

Audit Supervisor at Deloitte Touche Tohmatsu
  • Saudi Arabia
  • September 2004 to August 2008

• Conducted statutory and system audits.
• Developed comprehensive understanding of business and operations as well as accounting and internal control system identifying risk areas during the process.
• Set audit objectives, control risk assessment, make up of overall audit strategies, designed tests of controls (TOCs) and drawing detailed audit approach including substantive tests (TODs) in consultation with engagement partner.
• Supervised execution of audit, monitoring and reviewing audit teams’ performance.
• Prepared reporting documentation, discussion with client on highlighted matters, issuance and communication of final reports and other correspondence.
• Planned and Developed work programs, methodology and disclosures.
• Meetings with clients to research & resolve complex issues & removal of expectation gap.
• Realization of audit objectives by execution of the audit as per audit planning while identifying critical issues having impact on audit planning
• Preparation of interim and annual financial statements of different organisations
• Assessment of financial statements to ensure their compliance with requirements of local laws, Regulation and International Financial Reporting Framework (IFRS)
• Assistance in the conduct of QCR of the ICAP for the purpose of satisfactory rating

Education

Master's degree, Chartered Accountant
  • at Instititue of chartered Accountant of Pakistan
  • January 2015

ACA

Specialties & Skills

Budget Process
Oracle ERP
Financial Statement Analysis
ACCOUNTANCY
APPROACH
BUDGETING
CONSULTING
CUSTOMER RELATIONS
DOCUMENTATION
FINANCIAL
FINANCIAL REPORTING
FINANCIAL STATEMENTS
PRESENTATION SKILLS
Managing Banking loan & transaction
Hadnling external& internal Audit, IKTVA
tax computation & filing
Banking loan

Languages

English
Expert
Arabic
Beginner