Tax Manager
British Council - Saudi Arabia
Total years of experience :12 years, 10 Months
British Council is educational and cultural organization of British Government working in more than 150 countries
around the world. Being a Tax Manager in a new setup, I am responsible for following
• Preparing and filing monthly VAT returns
• Payment Processing of VAT payable before due date
• Auditing sales and purchase invoices to make sure they are VAT complaint
• Managing staff for day to day tasks related to tax
• Dealing with GAZT
• Registration on AEOI Portal
• Filing of CbCR notification as per Transfer Pricing Laws in KSA.
• Timely payment and filing of CIT and WHT returns
E-imvoicing implementation in British council KSA
Aseel Holding Company is a new company engaged in Hospitality business. We are operating a resort with the name of Aseel Resort and a fine dining restaurant with gift shop with the name SUM+THINGS.
Being Finance Manager in a new setup, I am responsible for building accounting system from scratch, Team building, selection of POS systems and Hotel Management System. I am responsible to manage accounts team, financial statements preparation and audit, VAT filing, budgeting, costing and management reporting.
Albayan Holding Group have 20 companies engaged in diversified business of construction, logistics, printing and packaging, trading, restaurants, hospitality, manufacturing and real estate. Being a Financial Analyst and directly reporting to CEO of the Group, I have performed many diversified and value added tasks to increase the profitability of the group. Below is the list of some responsibilities assigned to me.
• Responsible for working with consultant for VAT implementation and IFRS adaptation.
• Feasibility studies and evaluation of the projects before bidding using NPV, IRR, profitability and payback methods.
• Preparation of capital budget and operating budget of new projects.
• Variance analysis of different projects to have a control on cost, billing and revenue of the project.
• Sensitivity analysis of restaurants in our food division.
• Analyzing acquisition of new businesses.
• Weekly report to management for maintaining a cost control.
• Coordinating external audit of the group.
• Doing internal audit to highlight problem areas and suggesting solutions.
• Preparation of cash budgets and updating on quarterly bases.
• Preparation of consolidated financial statements (profit & loss and balance sheet only) of the group
• Responsible for making customized reports according to requirements of management whenever required.
• Assisting Group President’s team by providing possible consolidation on different scenarios for restructuring of the group.
• Financial modeling on Excel according to requirements of management.
• Cash forecasting for banks on monthly basis.
Thermal Pipes Factory(TPF) is a manufacturing business deal with manufacturing and distribution of PPR pipes and fittings in Saudi Arabia. During my tenure there, I performed following jobs.
• Designed accounting systems and procedures from the start
• Designed Chart of Accounts
• Designed whole accounting system in a computerized accounting system called SMACC
• Prepared costing of all the products being manufactured in TPF
• Prepared accounting policies for TPF
• Establish controls to avoid losses and efficiency of operations
• Run the system for one month and verified its correctness and efficiency
• Prepared accounts for last one year
• Designed Fixed asset register.
NUCES is leading private sector university providing education in the field of Computer Science, Engineering and Management Sciences. Being an Assistant Manager Accounts I was responsible for
• Preparation of Monthly and Annual Financial Statements in accordance with IAS and IFRS.
• Budgeting
• Variance reports of budgets and actuals for revenues.
• Handling of complete Revenues cycle from Revenue recording in GL, Spread sheet reporting of Revenues, Revenue Accruals, Receivables and Payments.
• Preparation of Receivables and Payables Aging
• Co-ordination with External Auditors.
• Preparation of Fixed Asset Register.
• Pre-Audit of all Financial Statements.
• Dealing with Donor Agencies.
• Financial modeling in MS excel for increasing efficiency of processes.
• Providing different reports as required by management according to their requirements in a timely manner.
Before I was promoted as Assistant Manager Accounts I, as an Accounts Officer, was responsible for:-
• Recording of Vouchers in Computerized Accounting system.
• Preparation of Bank Reconciliations.
• Recording of Advances to Suppliers.
• Providing assistance in finalizing Financial Statements.
Orange Advertising (Pvt) Ltd is a leading company working for print and electronic media advertisements. In addition to this it is involved in trading business. Being an Accounts Officer I was responsible for:
Preparation of Financial Statements
Preparation of monthly Bank Reconciliations
OPEX management
Receivables and payables management
Preparation of details of Loans & Advances & Advance against expenses
Petty Cash
Verification of all the Payment Vouchers, Journal Vouchers and Receivable Vouchers
Preparation of Bids to compete for projects against competitors
Prepare and provide management reports as and when demanded
Journalizing of transactions
Tax management
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