Hafiz Fraz Shabir

Lead end-to-end monthly financial close including income statement, balance sheet, and cash flow reporting delivered to senior leadership on schedule.
Cost reduction strategy in manufacturing department for maximizing the profit.
Own full LC lifecycle — from documentation preparation and bank coordination to verification of supplier terms — ensuring zero discrepancies on import transactions.
Oversee SIDF loan administration: prepare cost summaries, manage repayment schedules, and produce forward-looking financial analysis to meet lender requirements.
Dealing with auditors (Firm Ranked in top 10 in KSA) regarding Local Content Audit, annual audit ensure on time completion.
Drive annual budgeting, cost control, and monthly variance analysis for manufacturing operations, incorporating LME price fluctuations into product costing per ton.
Ensure full ZATCA compliance through timely monthly VAT filing, reporting submissions, and coordination with tax authorities on all regulatory matters Like Assessment of Zakat or VAT.
Supervise payroll processing for all employees, maintain petty cash controls, and conduct monthly bank and vendor reconciliations with zero material errors.

(1)Dealing with Petty Cash & Reporting
(2)Recording the monthly salaries for employees and checks the accuracy of payroll.
(3)prepare the monthly financials (income statement, Balance sheet, Cash flow)
(4)Recording the purchase orders in system.
(6)Maintaining & Reporting Utility Bills.
(7)Prepares the debit notes, Payment Requests, (8)National and International Transfer to vendors.
(9)Dealing with payables & receivables, monthly aging, sending closing balance to Financial Manager, making reconciliation of accounts with suppliers.
(10) Following the accounting policies.
(11) Assist the Finance manager to prepare the Budget

Dealing with Petty Cash & Reporting
Daily Cash Closing & Issue Payments.
Maintained all Record of Purchase Orders & Supplier
Keeping Record of Sale and recording sale in system
Maintain all Books in accounting System
Online transfer the Payment Requests to vendors
Bank reconciliation, Preparing Payments in form of Cheques printing Upon Demand
Maintaining & Reporting Utility Bills
Deals with payables and receivables and also preparing the monthly aging report

Passing Journal Entries in ERP system.
Maintaining record of Prepaid/accrued entries
Monthly passing of Depreciation charge to GL account Preparing Bank Vouchers and Cheques.
Documents financial transactions by entering account information.
Monthly reconciliation of Bank Accounts.
Maintains customer confidence and protects operations by keeping financial information confidential.