Afzal Inayat Khan Deshmukh

Ass. Manager Accounting at saudi Johnson Co. Ltd.

• Saudi Arabia - Jeddah
• My current job since March 2012

Reporting directly to Financial Controller

Working on ERP System - SCALA
 Heading and managing a team of 3 members and reporting to the Finance Manager & Controller.
 Assigned responsibility of GL / accruals/ month closing process and finalization of accounts / member of budget preparation, comparing actual vs budget as per the strict deadline provided by management.
 Involved in reviewing payments, petty cash and monitoring bank balances on daily basis in order to schedule the payment for key supplier and make sure that there won’t be blockage in RM/PM delivery.
 Making sure that all cross charges are charged to all subsidiaries on monthly basis by applying SCJ-pre-approval procedure & processing debit/credit notes in timely manner.
 Handling accounts receivable, follow up for overdue balances and payments.
 Ensure that all the recorded transactions are posted on daily basis.
 Preparation of various reports including overhead analysis & prepayment schedule.
 Handling audit and zakat related matters, preparing reports and schedules as per auditors.
 Active member in soar project.(SCJ-Internal audit as per SCJ policy)
 Prepared various reports related to SAP implementation (Red sea Project)


Monitor:
 sales Invoicing and following up with logistic team for the monthly target sales, ensuring all the sales invoices are sent to local distributor / SCJ-Subsidiaries on a timely manner.
 MENA collection by communication distributor and subsidiaries and ensure that all due balances are received on time.
 Receipt vouchers data entry, customers debit & credit note preparation and printing monthly customer statement of account etc.
 Data entry of Local & Foreign Suppliers invoices, expenses invoices, making sure that it is being recorded in correct account and in time.
 Supplier & customer creation, price update and ensure that it approved by higher management, later the same task transferred to costing manager.
 AP aging printing and processing payments as per due date.
 Petty cash reimbursement and data entry of expenses.
 Bank reconciliation on weekly basis and ensure that all outstanding transactions are cleared at month end.
 Month closing file and ensure that GL matches with Sub ledger

Key Achievements:
 Successfully control the AP aging days by increasing the days from 30 to 45, 45 to 60 and 60 to 90 days and maintained healthy working capital,
 Studied the understanding the manufacturing cycle and found that there are fluctuation in material usage, because of that there are huge variance in material usage discussed the issue with production supervisor and found that there is an error in batch processing factor, The same presented to the management, and after approval the factor was rectified in the production master.

Awarded:
 Now thanks (SC Johnson award policy for achievements) for reducing AP days and brought working capital in healthy shape.

Accounting Supervisor at Friesland campina

• Saudi Arabia - Jeddah
• May 2008 to February 2012

Reporting Directly to Financial Controller

Key Responsibilities:
 Working on ERP System - MFGPRO
 Heading and managing a team of 4 members and reporting to the Finance Manager & Controller.
 Assigned responsibility of month closing & preparing financials as per the strict deadline provided by management.
 Involved in reviewing payments, petty cash and monitoring bank balances on daily basis in order to schedule the payment.
 Ensuring payroll preparation, reconciliation & transfer of salaries to employees on timely basis.
 Handling accounts receivable, follow up for overdue balances and payments.
 Ensure closing of work order on daily basis & analyzing production variance on monthly basis.
 Ensure that all the recorded transactions are posted on daily basis.
 Preparation of various reports including overhead analysis, EOSB calculation, & prepayment schedule.
 Handling audit and zakat related matters, preparing reports and schedules as per auditors.

Monitor:
 Invoice preparation, receipt vouchers data entry, customers debit & credit note preparation and printing monthly customer statement of account etc.
 Data entry of Local & Foreign Suppliers invoices, expenses invoices, making sure that it is being recorded in correct account and in time.
 Supplier & customer creation, price update and ensure that it approved by higher management.
 AP aging printing and processing payments as per due date.
 Petty cash reimbursement and data entry of expenses.
 Bank reconciliation on weekly basis and ensure that all outstanding transactions are cleared at month end.
 Month closing file and ensure that GL matches with Sub ledger

Key Achievements:
 Successfully reduced overdue aging days from 90 to 40 days

Senior Accountant For Major Holding Company In Ksa at ARCOMA (Arabian Com. Agency - Bonny Milk and various other Products)

• Saudi Arabia - Jeddah
• August 2004 to April 2008

Reporting Directly to Chief Accountant

 Responsible for Accounts Payable, General Ledger, Bank reconciliation, Prepayments,
 Assisted financial manger while month closing and reporting
 Monthly /Quarterly/ Yearly Reconciliation

General Accountant at Ajwa Group of Companies

• Saudi Arabia - Jeddah
• January 2001 to June 2004

External Auditor at Talal Abu Gazaleh & Co.

• Saudi Arabia - Jeddah
• January 1998 to November 2000

Visited various clients for performing interim & final audit.
Understood the internal control structure of the organization
Prepared notes on weaknesses of the organization and report submitted to the higher management on quarterly basis.
Prepared draft of Income Statement and Balance Sheet at the year end.
Performed internal audit for various organization as requested by some of the valuable clients.
Performed surprise cash & stock count.