Faisal Razzaq

Established Finance department in newly startup business


• Financial Statement and reposting
• Appraisal of inventory and analysis
• Appraisal of payables and payments
• VAT reporting
•Monthly closing
• Variance analysis and reporting
• Liaison with banks for LC and bank guarantee
• Ensure Monthly VAT filling with in deadline
• Lead the monthly closure process of the reporting period
• Assets Management as per IFRS
• Manage day-to-day finance and accounting operations
• Manage and recommend contractual obligation between customer and HO(China) as per ZATCA
• Ensure accounting treatments as per IFRS and head office guidelines
• Ensure to develop and implement strategies and plans as per company's objectives
• Oversee company revenue and expense movements
• Coordinate with external auditor
• Review and manage company budget

As SAP FI/CO power user, was part of implementation process.
• Team leader for merger of division of companies into single reporting division.
• Perform tasks associated with monthly closing as well analysis (Actual Vs Budgeting)
• Support Management in reporting of operational performance (e.g. commercial reporting by Divisions, Real estate performance and under construction project performance etc.)
• Prepare aging report of receivables for management review and liaison with sales team for collection deadlines.
• Prepare aging report of Payables for management review and liaison with Procurement for reconciliation.
• Compiling of Budgeting and update in SAP as per Management Approval & Liaison with Divisions for Actual Vs. Budget variance Analysis.
• Arrange Inventory Physical count and its reconciliation on Quarterly basis & Yearly Basis.
• Fixed assets controlling and Physical Verification/count on yearly basis.
• Support I.T department in the upcoming/new tasks related to SAP for configuration and process designing.
• Liaison with External Auditors for Annual Audit preparation and final Audited Report.