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Ghulam Abbas Hayatani, Senior Accountant & Treasury Specialist

Ghulam Abbas Hayatani

Senior Accountant & Treasury Specialist·SecuTronic (Al Eatesam Modern Marketing Company),

Saudi Arabia

Master's degree, MBA (Executive)

Work experience

Total years of experience: 12 years, 5 months

Senior Accountant & Treasury Specialist

November 2022 - Present

SecuTronic (Al Eatesam Modern Marketing Company),

Jeddah, Saudi Arabia

November 2022 - Present

• Oversee accounts payable operations for a multi-million SAR enterprise, ensuring accuracy in invoice review, PO matching, and three-way matching to enhance financial integrity.
• Actively monitor payable aging and vendor advances, collaborating with procurement to expedite invoicing and advance settlements, improving cash flow management.
• Efficiently process vendor, payroll, and government payments while upholding stringent cash flow visibility and banking controls to mitigate financial risks.
• Prepare and submit monthly VAT and WHT returns, ensuring compliance with regulatory requirements and supporting overall financial reporting accuracy.
• Leverage strong analytical skills to identify process improvements, contributing to enhanced operational efficiency and vendor relationship management.

Company industry:
Private Security Services

Cost Accountant

December 2021 - January 2022

Modern Dairy Plant Company (BADR DAIRY),

Riyadh, Saudi Arabia

December 2021 - January 2022

• Developed comprehensive cost sheets for dairy product lines by meticulously analyzing direct materials, labor, and overhead, enhancing accuracy in financial reporting.
• Drove cost reduction initiatives and profitability analysis through strategic vendor negotiations and process optimization, contributing to improved financial performance.
• Conducted detailed monthly variance analysis, providing actionable insights to support informed management decisions and strategic planning.
• Collaborated with cross-functional teams to streamline accounting processes, ensuring compliance and enhancing operational efficiency.
• Leveraged strong analytical skills to identify trends and variances, ultimately supporting the organization's financial goals and objectives.

Company industry:
FMCG

Accounts Payable Supervisor

January 2021 - October 2021

Al Majed Oud.co,

Riyadh, Saudi Arabia

January 2021 - October 2021

• Led accounts payable operations, ensuring timely vendor payments and accurate monthly closings to support financial reporting.
• Analyzed employee compensation, including overtime, end-of-service benefits, loans, and vacation accruals, enhancing payroll accuracy.
• Strengthened internal controls, promoting compliance and integrity in payment authorization processes.
• Collaborated with cross-functional teams to streamline processes, resulting in improved efficiency and reduced processing times.
• Developed and implemented best practices for financial management, contributing to overall organizational financial health.

Company industry:
Retail & Wholesale

Payable Accountant

February 2020 - August 2021

Abdullah Al Othaim Investment Company

Riyadh, Saudi Arabia

February 2020 - August 2021

• Streamlined vendor payment processes, achieving 100% on-time payments and enhancing accuracy.
• Executed comprehensive reconciliations of advance payments, safeguarding financial integrity and reducing discrepancies.
• Optimized petty cash management by implementing robust controls, resulting in improved cash flow and minimal variances.
• Coordinated and improved business trip logistics for employees, reducing approval times and increasing travel efficiency.
• Managed employee clearance processes with a focus on compliance, ensuring smooth transitions and adherence to company policies.

Company industry:
1347
Job role:
Accounting and Auditing

Senior Accountant

January 2018 - November 2019

Wafra Food Supply Co.,

Jeddah, Saudi Arabia

January 2018 - November 2019

• Managed comprehensive month-end close processes, ensuring timely and accurate financial reporting.
• Streamlined vendor payments and government obligations, enhancing operational efficiency and compliance.
• Executed payroll processing, including EOSB provisions and vacation accruals, with a focus on accuracy and timeliness.
• Conducted daily bank reconciliations, identifying discrepancies and improving cash flow management.
• Developed and maintained depreciation schedules, ensuring adherence to accounting standards and regulatory compliance.
• Collaborated with cross-functional teams to enhance financial reporting accuracy and support strategic decision-making.

Company industry:
Catering, Food Service, & Restaurant

Senior Accountant

January 2016 - January 2018

ORKIN - Anassr Pest Control Co.,

Jeddah, Saudi Arabia

January 2016 - January 2018

• Efficiently processed payroll for both field and office staff, ensuring timely and accurate payments while enhancing employee satisfaction.
• Developed and prepared comprehensive billing reports, effectively tracking customer collections to optimize cash flow and reduce outstanding receivables.
• Conducted thorough inventory audits, leading to the implementation of improved stock control procedures that minimized discrepancies and maximized inventory accuracy.
• Collaborated with cross-functional teams to streamline financial processes, resulting in enhanced operational efficiency and reduced processing times.
• Leveraged analytical skills to identify trends and provide actionable insights, contributing to informed decision-making and strategic planning.

Company industry:
Other Healthcare Services

Inventory Accountant

January 2013 - January 2016

Futurelab

Jeddah, Saudi Arabia

January 2013 - January 2016

• Oversaw comprehensive inventory management, optimizing material consumption and maintaining accurate stock levels to enhance operational efficiency.
• Conducted thorough physical inventory audits, identifying and resolving discrepancies to ensure financial accuracy and integrity.
• Developed and processed purchase orders, effectively coordinating vendor deliveries to streamline supply chain operations.
• Collaborated with cross-functional teams to improve inventory tracking systems, resulting in reduced costs and improved reporting accuracy.
• Leveraged analytical skills to support financial forecasting and budgeting processes, contributing to strategic decision-making.

Company industry:
Laboratory & Quality Control

Skills

Accounts Receivable
Expert
Accounts Receivable
Expert
Accounts Payable
Expert
Accounts Payable
Expert
Payroll
Expert
Payroll
Expert
General Ledger
Expert
General Ledger
Expert
VAT
Expert
VAT
Expert
ACCOUNTS RECEIVABLE
Expert
ACCOUNTS RECEIVABLE
Expert
Accounts Receivable
Expert
Accounts Receivable
Expert
Accounts Payable
Expert
Accounts Payable
Expert
Payroll
Expert
Payroll
Expert
General Ledger
Expert
General Ledger
Expert
VAT
Expert
VAT
Expert
FINANCIAL STATEMENTS
Intermediate
FINANCIAL STATEMENTS
Intermediate
ACCOUNTING
Expert
ACCOUNTING
Expert
INDIRECT TAX
Expert
INDIRECT TAX
Expert
INVENTORY CONTROL
Expert
INVENTORY CONTROL
Expert
INVOICE MATCHING
Expert
INVOICE MATCHING
Expert
TREASURY SERVICES
Expert
TREASURY SERVICES
Expert
VENDOR MANAGEMENT
Expert
VENDOR MANAGEMENT
Expert
WHT
Expert
WHT
Expert
ACCOUNT RECONCILIATION
Expert
ACCOUNT RECONCILIATION
Expert

Languages

Arabic
Intermediate
English
Expert
Urdu
Expert

Training and Certifications

Certifications
ServSuit Administrator
ServSuit

Hobbies

  • watching Cricket
  • Swimming,