Ali Naseem, Assistant Finance Manager

Ali Naseem

Assistant Finance Manager

Location
Saudi Arabia - Jeddah
Education
Diploma, Accounting And Business
Experience
13 years, 3 Months

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Work Experience

Total years of experience :13 years, 3 Months

Assistant Finance Manager
  • Saudi Arabia - Jeddah
  • My current job since March 2014

Same as below mentioned including:

* Managing aftersales finance operations.
* Parts costing & pricing.
* Critical detail planning and strategy alliances.
* Monitoring inventory level & internal transfers.
 * Over viewing assets schedules

Financial Reporting Senior Accountant at Muhammad Yousuf Naghi Motors – Hyundai – Parts Co.
  • Saudi Arabia - Jeddah
  • January 2013 to March 2014

2013 onwards Hyundai Division underwent organizational changes one of which was the segregation of its business units, Where Vehicle sales and service department were continuing as normal & the “Parts” Department was formed as a separate business.

Same as below mentioned including:
• Development of new mapping to ERP and establishing a new business reporting module.
• Segregating the account balances between the existing and the newly formed business.
• Critical analysis of Parts stock levels and their provisions.
• Analyzing Account Receivable to asses over aged balances and their appropriate provisions.
• Liaison with the I.T in respect of implementation of Auto line, and migrating data from existing ERP to Auto Line.

Accountant (Reporting) at Mohammad Yousuf Naghi Motors - Hyundai
  • Saudi Arabia - Jeddah
  • October 2011 to December 2012

• Prepare the monthly management accounts & various schedules as required by the Financials for the Parts Division.
• Assist to prepare the month end closing adjustments by each business unit & each profit center with the FRM.
• Ensure the accuracy of the trail balance after closing adjustments.
• Review the AR Aging report to ensure the clearing of credits on regular basis and support to the relevant AR to clean up.
• Preparations of the car costing file by product & by consignment and analyze with the accounting system.
• Preparing daily stock and stock provision analysis.
• Reconciling the central treasury account with the cars and parts costing accounts & ensure the receiving of relevant Debit Notes.
• Continuously monitoring the business investment and maintaining the analytical file for Capex to track the actual spending on various projects.
• Liaison with the IT team on regular basis for Improvement of the processes in the SAP with consult to the FRM and implementation of the required reports format.
• Closely monitoring the controlling area of the business and ensure its mapping with all business units.
• Assist to FRM on other projects specifically assigned by the management.

Junior Accountant at BIG BIRD GROUP OF COMPANIES
  • Pakistan - Lahore
  • June 2010 to December 2010

• Invoices - Ensuring through different mediums the accuracy of the documents, its billing amount and matching relevant returns.
• Preparation of the vouchers and posting them to the system (SAP).
• Preparation of various management reports assisting both the finance and the operations.
• Compliance controls.

Education

Diploma, Accounting And Business
  • at ACCA
  • August 2013

Advanced Diploma In Account & Business

Diploma, Accounting
  • at rise school of accountancy
  • June 2012

ACCA

Bachelor's degree, Applied Accounting
  • at Oxford Brookes University
  • January 2010

Specialties & Skills

Small Business Accounting
Capital Budgeting
Capital Management
reporting & amp analysis
Auto Line
Microsoft Excel
BPC (Business Planning & Consolidation)
Autoline
Budgeting
Reporting

Languages

English
Expert
Arabic
Intermediate
Urdu
Expert

Memberships

ACCA
  • Membership
  • May 2010

Training and Certifications

Stress Management (Training)
Training Institute:
Lahore Chamber Of Commerce And Industry
Date Attended:
October 2008
Accounting (Training)
Training Institute:
Certified Accounting Technician - ACCA
Date Attended:
January 2007

Hobbies

  • Billiards
    competed in small tornaments with in the college