Finance Manager
Zamil Offshore Services Company, ZOSCO
Total years of experience :37 years, 9 months
As Finance Head, I work closely with CEO & Group CFO to ensure that the financial and business strategies are aligned to achieve company’s goals.
• Issuance of Monthly Package Report, Performance Reports which mainly includes many analyses to the management
• Efficaciously managed monthly VAT, WHT and all matters related to Annual Zakat & Tax Returns with full back-ups and analysis.
• Dealing with banks, VAT, External and Group Internal Auditors.
• Joined ALUPCO as Chief Accountant in Jeddah branch and was responsible for Finance Functions of the Branch
• During the nine years, improvements were made in the financial reporting, supervised successful implementation of ERP Ln Infor (BaaN) system which was appreciated by management
• In 2009, promoted and transferred to Head Office in Dammam as Head of Control & Reporting Department reporting to CEO.
• Work entails Management Reporting, Dealing with Banks, Liaison with External & Group Auditors, Costing, Internal Auditing, Prepare Financial Policies, Review credit evaluation of customers on monthly basis, Monitors the execution of Insurance Policies and takes imperative measures to ensure timely recovery of dues.
• Joined AQF as Chief Accountant and promoted as Manager Finance & Administration reporting to Group Financial Controller.
• Applied Audit experience and carried out overall review of Finance Operations.
• Audit experience contributed in an elimination of wastages, cutting down expenses, minimizing financial charges by introducing Inventory Management to control Spare Parts, Raw Material, Consumables Inventories, Introduced Billing System to minimize Telephone Expenses, monitoring of fuel expenses, etc.
• All of the above aspects led to a very positive effect on the Company's Bottom line and was highly appreciated by Top Management.
• Joined the Company as Manager Finance & Administration.
• Duties entailed preparation of Annual Budget, running of day-to-day operations with emphasis on cost control and preparation of monthly Financial Reports.
• Company was engaged in the manufacturing of Sulphuric Acid, Hydrochloric Acid and Sulphur Rolls which are heavily used in Chemical, Fertilizers and Textile industries.
• A member firm of Deloitte Touché Tohmatsu International
• Supervised audit of various public, private and multinational companies which entailed preparation of audit program, review of accounting systems, related internal controls and pointed out the weaknesses therein
• Gave recommendations thereon and prepared management reports.
• Completed Article's for the course of Chartered Accountant's with Nazir Chaudhri & Company, an established Firm of leading Professional Accountants & Auditors
• During Five Years of extensive training, got the opportunity to work on a variety of Accounting Systems in a number of Industrial & Commercial Organizations
• Later on was promoted as Senior Auditor and was responsible for planning, conducting and finalization of Audit Assignments of Public & Private Limited Companies