Akbar syed

Performed accounting tasks, including accounts payable, invoices and IPC’s posting.
• Prepared reconciliation journal entries and ensured accurately entered the data into system.
• Review GL’s with new entries, closely checking the accuracy of each transaction to as to minimize t the errors.
• Implemented and maintained internal financial controls to reduce risk of payable cycle.
• Reviewed and skillfully maintained general ledger accounts.
• Prepared and filed monthly Input VAT returns with on-time submissions to GAZT.
• Prepared and filed monthly WHT returns in liaise external TAX consultants to GAZT.
• Reviewed and reconciled Supplier ledgers, Inventory clearing GLS intercompany GLS, LC clearing A/c and bank ledgers vs statements.
• Preparation and review of Accounts payable aging report for management periodically.
(The weekly basis for aggregate supplier payments)
• Preparation and review of Suppliers debit balances aging report for management, periodically, and follow up with procurement team for periodic closings.
• Preparation and review of open PO vs GRN inventory aging report for management periodically and follow up with warehouse and procurement team

Finance Job Description.
• Manage financial activities, including Month-end and Year-end closure, statutory reporting, and tax returns accounts payable / receivable / GL / Costing.
• Management reporting (Month-end reports).
• Cash flow management.
• Reconciliations, accruals, general ledger
• Oversee revenue and other budgetary items.
• Oversee updates and improvements for accounting systems, including payroll and invoicing, all payments through HSBC online.
• Comply with Government / Ministry regulations and legislation including Income / Deferred / Withhold tax etc.
• Review budget plans regularly to look for cost reduction opportunities.
• Examine all financial reports and data closely to check for discrepancies and report.
• Ensure the Saudi books of accounts to upload flat file in home office SAP.
• Prepare tax filings (income tax, VAT, withholding tax returns) (in liaison with CPA) and optimize tax liabilities.
• Lassie with Auditors for Annual Audit and periodic Tax queries.
Admin Responsibilities
• Maintain all branch documentation and track / renewal office licenses.
• Maintain payroll information by designing systems, directing the collection, calculation, and posting the data.
• Supervise branch staff files, ensure compliance with legal affairs for employees.
• Supervise GRO and Office Cleaners.
• Supervise all employees Visa and Iqama -issuance though Muqeem system.
• Maintain all employees’ medical insurance and update.

Position: - Accountants - Executive.
Key Responsibilities:
• Aging the projects performance with respect to completion / Achievement through a PPT-Presentation with Higher Project management team on quarterly basis.
• Ensure that transactions are recorded in accordance with accounting principles and company’s policies for accurate and timely closing of books in BAAN for handling MIS & Finalization issues for All Project revenues (The complete AR cycle).
• Assist VP Finance in Analyze data and prepare MIS reports in order to meet the reporting requirements on timely basis wise annual Business plan vs Actual.
• Effectively manage Banking Trade Operations, viz. Letter of Credit &
bank Guarantees etc.
• Report to VP Finance in Handle Budgeting, Control and Variance analysis for project Sales.
• Assist VP Finance in designing and implementation of internal controls related to AR/AP as to ensure compliance with the company’s policies and procedures.
• Administer vendor Payments processing, payroll processing and Billing of Sales & oversee.
• Monitor the Cash flow statements as to maintain Receivables and Payable Accounts to ensure efficient utilization and timely availability of funds to meet the business requirements, on monthly basis and report at wide variations to VP Finance.
• Reporting a weekly rolling cash flow status with 120 forecasted in front to the group financial management and higher management.
• Responsible for handling inter Unit Reconciliations between ACS Units
And reconciliation with books.
• Acted as a Team Member for BAAN ERP life cycle Implementation.
• Oversee Commercial functions including Contracts and Procurement as well the treasury.
Saudi Delta Company Limited (K.S.A - Western Region). June 2007 - Oct 2008.
Position: - Accounts Officer.
Company Profile: - SDC is a telecom service provider company to its clients like STC, Mobily, Saudi Aramco, Detacon, EXi, Saudi Inteltec, Lucent technologies.
Key Responsibilities: -
• Maintaining all Financial operations for western region.
• Preparation and finalization of payroll to regional staff.
• Raising the P O for material & complete follow up for the closer of PO.
• Verification of all material receipts and finalizing the payments.
• Dealing with payments to all the suppliers and sub contactors .
• Finalization of employee settlements.
• Periodic reconciliation of Bank statements.
• Assisting RM with reference all Financial and administration issues.

• Maintaining all Financial operations for western region .
• Preparation and finalization of payroll/vacation/Eos to regional staff .
• Raising the P O for material & complete follow up for the closer of PO.
• Verification of all material receipts and finalizing the payments.
• Dealing with payments to all the suppliers and sub contactors .
• Supervising the petty cash.
• Periodic reconciliation of Bank statements.
• Assisting RM with reference all Financial and administration issues

• Maintaining all the Debtors and creditors' accounts up to finalization.
• Reconciliation all the banks, Creditors and Control accounts on monthly basis.
• Verification of all the payment documents like bank TT, LC TR request letters, Internal Memo or Commercial Invoice with Expense statements of Importers.
• Verification of LC and TR payments in different banks and passing the actual bank de debit entries in respected banks.
• Running all period closure reports to ensure closure of the books of A/c’s in AP.
• Coordinating with Logistics and Imports Assistants to confirm the values of GRNs to calculate SEDs, to check interface of data with Legacy systems to AP module.
• Raising the Debit and Credit notes as required on Suppliers / Consolidators / local suppliers at the time periodic reconciliations of creditors
• Preparation of daily sales / Realization Report and Weekly aging report.
• Checking all the exchange rate fluctuations and Assisting FM for wide variations.
• Assisting FM/ERP Team in implementation of the modules

Key Responsibilities:-
• Maintaining all the Debtors and creditors' accounts up to finalization.
• Reconciliation all the banks, Creditors and Control accounts on monthly basis.
• Verification of all the payment documents like bank TT, LC TR request letters, Internal Memo or Commercial Invoice with Expense statements of Importers.
• Verification of LC and TR payments in different banks and passing the actual bank de debit entries in respected banks.
• Running all period closure reports to ensure closure of the books of A/c’s in AP.
• Coordinating with Logistics and Imports Assistants to confirm the values of GRNs to calculate SEDs, to check interface of data with Legacy systems to AP module.
• Raising the Debit and Credit notes as required on Suppliers / Consolidators / local suppliers at the time periodic reconciliations of creditors
• Preparation of daily sales / Realization Report and Weekly aging report.
• Checking all the exchange rate fluctuations and Assisting FM for wide variations.
• Assisting FM/ERP Team in implementation of the modules.

Company profile:- Reliance Communications is the largest Telecom service provider company in INDIA having business in petrochemical, Textiles, Capital market.
Key Responsibilities:-
Controlling all accounting and financial affairs which include A/P, A/R, Salary checks, P&L, monthly, Account analysis, Expense analysis.
• Maintaining Debtors & Creditors Accounts
• Preparation of Invoices, Receipts & follow up with the Clients for payments.
• Preparation of Financial Statements up to Finalization
• Maintaining Bank Account Cash Account
• Maintaining Petty Cash
• Co-ordination with the Auditors
• Maintaining Personal records of the employees.
• Handling total Purchasing of Office Supplies