Mohamad Islahi Iqbal, Finance Manager

Mohamad Islahi Iqbal

Finance Manager

Arabian Vehicles & Trucks Industry Co. Ltd.

Location
Saudi Arabia - Jeddah
Education
Master's degree, Accounting
Experience
14 years, 7 Months

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Work Experience

Total years of experience :14 years, 7 Months

Finance Manager at Arabian Vehicles & Trucks Industry Co. Ltd.
  • Saudi Arabia - Jeddah
  • My current job since August 2016

In charge of all Accounts and Finance related tasks of company which includes below duties,

• Preparing monthly financial statements & reports and submit to general manager and the chairman.
• Prepare quarterly results for the parent company (Volvo) and for the bank.
• Prepare monthly and annual cash flow forecasts to control and manage the liquidity of the company.
• Prepare annual and monthly budgets.
• Prepare continuous forecasts during the year to find out the deviations and to take remedial action.
• Present the financial results to the board.
• Implement internal controls for the strict control over the finance processes.
• Liaise with internal / external auditors and zakat consultants.
• Prepare analysis for GM and business controller to take better business decisions.
• Supervise and authorize all the payments.

Chief Accountant (Affiliate Companies) at Zahid Tractor & H.M.Co Ltd - KSA
  • Saudi Arabia - Jeddah
  • January 2014 to August 2016

In charge of all Accounts and Finance related tasks of Zahid Industries Co Ltd and OCS Arabia Co Ltd, the affiliates of Zahid Tractor which includes below duties,

• Financial accounting and reporting as per IFRS and SOCPA guidelines.
• Preparing Monthly / Annual financial statements and complete the reporting requirement to the parent company.
• Preparing monthly performance reports to Management.
• Prepare quarterly forecast and review the annual budget before submit to the directors.
• Analyzing and reviewing of KPIs, improve internal controls and streamline the processes.
• Managing cash flow of the companies.
• Presenting the quarterly performance to the board of directors.
• Arrange supplier payments.
• Liaising with external auditors for annual audit report and financials.

Accountant at Zahid Tractor & H.M. Co Ltd - KSA
  • Saudi Arabia - Jeddah
  • February 2013 to January 2014

• Prepared and interpreted monthly financial statements.
• Analyzed monthly financial statements for top management.
• Prepared monthly reports for individual departments and individual products.
• Maintained company's daily liquidity position.
• Prepared monthly cash flow forecast.
• Managed company's foreign currency portfolio (Including forward deals) by matching with future foreign currency requirement.
• Arranged new loan facilities from the bank and arranged funds and documents for loan repayments.
• Arranged special supplier payments.

Qualified Assistant (Project Manager) at Ernst & Young - Sri Lanka
  • Sri Lanka - Colombo 10
  • April 2012 to February 2013

• Effective direction and supervision of team leaders in direct executive participation areas.
• Resolving technical issues raised by audit staff and clients through communicating with Partners, Directors and referring to accounting and auditing standard guide lines.
• Staff evaluation and management, coaching and ongoing guidance to team members.
• Develop firm business and maintain the close professional relationship with key executives of client organizations.
• Identifying and orientation of teams on multi-location engagements and large audit assignment.
• Gained in-depth exposure in different control environments, business operations and financial accounting systems.
• Corresponding with client staff on matters pertaining to proper conduct of the audit, including timing of the audit and reporting requirements.
• Evaluation of organizational nature, policies, plans, procedures, existing systems and internal controls in order to assess the control environment of the organization.

Senior Accountant at Ernst & Young - Sri Lanka
  • Sri Lanka - Colombo 10
  • April 2011 to April 2012

• Managing a team of staff dedicated for the specific audit.
• Directly report to manager regard the audit.
• Resolve complex situation face by members in the team.
• Build and maintain positive relationship with client
• Complete the project within budgeted period by efficiently using the staff and other resources.
• Evaluating client’s financial statements and carrying out analytical reviews and ratio analysis to gain a better understanding of the business trends.
• Detail tailored computation of Taxation, VAT, NBT and PAYE and check the compliance with government statutory regulations.
• Preparation and review of financial statements including notes to the financial statement.

Audit Trainee at Ernst & Young - Sri Lanka
  • Sri Lanka - Colombo 10
  • October 2009 to April 2011

• Discuss with clients and understand the controls of the various accounting and operation processors.
• Testing the efficiency of the controls.
• Carrying out detail audit procedures to ensure the accuracy of financial statements.
• Check whether financial statements are prepared as per the requirements of accounting standards.

Education

Master's degree, Accounting
  • at Chartered Accountants of Sri Lanka
  • December 2012

I am a member of Institute of Chartered Accountants of Sri Lanka. I won the country prize of Management Accounting subject and I was able to complete all the exams in first attempt.

Bachelor's degree, Accounting & Finance
  • at University of Sri Jayewardenepura
  • February 2012

B.Sc. Accounting (Special) Degree, University of Sri Jayewardenepura, Sri Lanka G.C.E. Advanced Level Examination with three Distinctions (A's) - 2006

Specialties & Skills

Accounting
Coaching Staff
Excellent in MS Excel
Auditing
Analysis
ACCOUNTING
ACCOUNTING SYSTEMS
BUSINESS OPERATIONS
CLIENTS
COACHING
FINANCIAL ACCOUNTING
SPREAD SHEET

Languages

Arabic
Beginner
Urdu
Intermediate
Tamil
Expert
English
Expert

Memberships

Member of Commerce Quiz Team
  • Member
  • April 2012
Member of School LEO Club
  • Member
  • April 2004

Training and Certifications

Audit Trainee (Training)
Training Institute:
Ernst & Young
Date Attended:
October 2009