Sr. Financial Accountant
SAUDI AIRLINE CARGO COMPANY
Total years of experience :20 years, 0 Months
finance departments, streamlining business processes, reducing costs, driving growth and
achieving efficiencies
Preparation of financial statements, Audit, management accounting & reporting
financial System Analysis, development, integration & Implementation.
Budgeting, forecasting, Control & Analysis
Study and analysis of potential business cases and reporting to stake holders involved as to the viability
of the project.
Performance reporting, variance analysis and reporting to senior management as to the direction of
operating results.
Analysis of control environment, development of controls and implementation and Internal Audit.
Analysis of financial information measuring the financial performance including ratio analysis, trend
analysis and variance between budgeted and actual performance.
Management of all finance function including Accounts receivables, Accounts payable, Treasury,
Revenue etc
The group is a prominent FMCG trading and Distribution group having a network in the Germany, Turkey,
Middle East and eastern Africa. Mainly engaged in real estate development and import and distribution of
Rice, Tea, Shaving razors and beauty products .
My responsibilities included:
Preparing monthly quarterly and yearly financial statements in accordance with International financial
reporting standards (IFRS), IAS and local applicable laws.
Managing the cash flows of the company in order to ensure the liquidity of the company and at the
same time ensuring the profitability from short term investments of extra funds.
Analyzing financial information to measure the financial performance which includes the ratio analysis,
trend analysis and difference between planned and actual performance and reporting to the BOD
Supervising a team of accountants, responsible for all accounting functions which includes receivable,
payable, assets, and payroll function.
Preparation of annual budget and presentation to the BOD. Implementing the budget and budgetary
controls in order to achieve the cost controls and optimum productivity. Reporting the variances to the
BOD and explaining the cause and effect of variations.
Coordinating with external auditors for the audit of financial statements.
Developing and implementing strong internal controls as per recommendations of Board of directors.
Coordinating with internal audit manager for internal audits and practically implementing the
recommendations of Internal audit manager.
Assisting the management in setting up policies and procedures or any required changes in system and
policies.
Dealing with banks and insurance companies as per requirements
The Price Water House Coopers (PWC) is one of the Big 4 firms engaged in the audit, tax & consultancy
advisory. My exposure in Price Water House Coopers (PWC) has been diverse and wide ranging covering
areas from normal audits to Systems and Management Reviews and Corporate Consultancy. During tenure
Conducting financial statements audit as per the requirement of ISAs; the financial reporting framework
used by clients were IFRS and / or Companies Ordinance 1984; and taxation framework was Income Tax
Ordinance 2001.
Planning, execution of field work, preparation of accounts and review in respect of audit of accounts of
national and multinational companies, banks, NGOs, and foundations according to statutory
requirements.
Analyzing IT/Internal controls and business processes to identify the weaknesses and gaps.
Checking compliance with donor agreements and internal control guidelines for NGOs.
Assisted the clients in accounting functions and preparation of financial statements in the light of
International Financial reporting standards and accounting practices.
Review of accounting and internal control systems, identifying weaknesses and development of reports
containing suggestions, methods and procedures for improvement.
During the years of my professional experience, I have had wide exposure to different organizations'
accounts and management styles. These organizations belong to different sectors of the industry and
represent a varied mixture of organizational, financial and managerial set ups, significant of which are:
INTERNAL AUDIT : I have worked on different projects of Fauji Foundation as
Chartered Accountant (Finalist)