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Md Sahabub Islam, Financial Controller – Finance & Accounts | Internal Audit

Md Sahabub Islam

Financial Controller – Finance & Accounts | Internal Audit·Al Abeer Company Limited, Al Abeer HR Co., Uniquea Co.

Saudi Arabia

Doctorate, ACCA (8 Paper Completed)

Work experience

Total years of experience: 14 years, 6 months

Financial Controller – Finance & Accounts | Internal Audit

November 2024 - Present

Al Abeer Company Limited, Al Abeer HR Co., Uniquea Co.

Riyadh, Saudi Arabia

November 2024 - Present

• Head of Finance and Accounting, overseeing full financial management
including financial reporting, budgeting, costing,
and cash flow management.
• Lead and manage internal audit functions, cost management, ensuring
compliance, risk management, and process improvement across business units.
• Manage day-to-day operational financial activities, including
accounts payable, accounts receivable, payroll, and bank reconciliation.
• Supervise and optimize ODOO ERP software for accounting,
reporting, and operational workflow efficiency, and Wafeq software for billing.
• Oversee manpower, hotel business financial operations in KSA,
including:
◦ Payroll management and employee expense tracking.
◦ Client invoicing, contract billing, and revenue recognition.
◦ Recruitment and deployment cost monitoring.
◦ Profitability analysis and margin optimization.
• Drive financial planning, reporting, and strategy for Startup ventures:
rental car, hotel, and furniture factory.
• Provide actionable financial insights for senior management to
support strategic decision-making and operational growth.

Company industry:
Human Resources Outsourcing

Assistant General Manager-Finance & Accounts

November 2023 - January 2024

RANCON Auto Industries Ltd.

Dhaka, Bangladesh

November 2023 - January 2024

• Prepared, supervised, and analyzed financial statements, budgets,
forecasts, and financial models to evaluate performance and
support decision-making.
• Delivered monthly financial performance reports for RANCON Auto
Industries Ltd., and RANCON Cars Ltd. With detailed variance analysis.
• Supported annual budgeting and cost planning, ensuring alignment with
business objectives.
• Conducted product costing, profit center and cost center performance
analysis for manufacturing and imported vehicles business units.
• Supported treasury management and investment appraisal activities.
• Ensured proper LC costing, VAT management, and statutory compliance
in line with accounting standards and internal policies.

Company industry:
Automotive Manufacture

Senior Manager-Finance & Accounts, Costing & Budgeting

January 2019 - January 2023

BRAC Dairy & Food Project (Aarong

Dhaka, Bangladesh

January 2019 - January 2023

• Planned, led, and supervised factory finance and accounting operations,
including COGS, inventory valuation, income statements, and financial
performance reporting.
• Prepared and presented periodic management accounting reports to
senior management to support operational and strategic decisions.
• Conducted product costing and pricing, determining cost per unit across
multiple product lines.
• Led master budgeting, financial forecasting, budgetary control, and variance
analysis, including fund management and working capital oversight.
• Managed accounts payable and receivable, including aging analysis and
cash flow monitoring.
• Supervised ERP-based financial processes, including purchase approvals,
voucher postings, and CapEx/OpEx controls.
• Implemented cost control mechanisms, including standard costing,
LC costing, material costing, overhead allocation, batch costing, and
cost savings analysis.
• Performed continuous financial analysis of milk processing operations,
including FAT & SNF loss, collection, distribution, and logistics costs.
• Supervised VAT & tax compliance, including TDS/VDS and monthly VAT
returns, ensuring regulatory adherence.
• Supported internal and external audits, implementing fraud prevention
measures and strengthening financial controls.

Company industry:
FMCG

Manager-Accounts & Finance

January 2018 - January 2019

Fakhruddin Textile Mills Ltd.

Dhaka, Bangladesh

January 2018 - January 2019

Company industry:
Textile & Apparel Production

Manager-Costing, Finance & Accounts

October 2015 - January 2018

Amber Board Mills Ltd., Amber Super Paper Ltd.

Dhaka, Bangladesh

October 2015 - January 2018

• Managed product costing, budgeting, and financial reporting for Amber Board
Mills Ltd. and Amber Super Paper Ltd., including product cost analysis,
COGS evaluation, variance analysis, and cost control activity.
• Oversaw and supervise overall accounting and financial management of
new projects Amber Super Paper Ltd., including investment analysis, ROI,
breakeven, fund management, payroll, and compliance with IAS/IFRS.

Company industry:
Manufacturing

Senior Executive-Accounts & Costing

January 2014 - January 2015

Star Porcelain Ltd.,

Dhaka, Bangladesh

January 2014 - January 2015

Company industry:
Manufacturing

Executive- Cost & Budget

January 2013 - January 2014

Nipro-JMI Pharma Ltd., JMI Hospital Requisite Ltd., JMI Syringes & Medical Device Ltd.

Dhaka, Bangladesh

January 2013 - January 2014

Company industry:
Manufacturing

Senior Executive-Commercial, Accounts & VAT

December 2008 - January 2012

ROX Soap and Cosmetics Ltd.,

Dhaka, Bangladesh

December 2008 - January 2012

Company industry:
Manufacturing

Education

Association of Chartered Certified Accountants (ACCA)

December 2025

December 2025

Doctorate, ACCA (8 Paper Completed)

United Kingdom

The Institute of Cost & Management Accountants of Bangladesh (ICMAB)

January 2024

January 2024

Doctorate, CMA (13 Paper Completed)

Bangladesh

The Institute of Certified General Accountants of Bangladesh (ICGAB)

June 2023

June 2023

Higher diploma, CGA

Bangladesh

University of Dhaka

June 2018

June 2018

Master's degree, Accounting

Bangladesh

University of Development Alternative (UODA)

April 2013

April 2013

Master's degree, Finance and Accounting

Bangladesh

Skills

ACCOUNTING

Expert

FINANCIAL ANALYSIS

Expert

COSTING AND BUDGETING

Expert

INTERNAL AUDITING

Expert

FINANCE

Intermediate

Technical: Microsoft Office, Google Sheets

Intermediate

Accounting Software- Customize ERP, ODOO, Tally, Wafeq, Milkosoft

Intermediate

Languages

English

Expert

Bengali

Native Speaker

Hindi

Intermediate

Urdu

Intermediate

Arabic

Beginner

Training and Certifications

Certifications
Income Tax Practitioner (ITP)

Training
Labor Relation & Education
Ministry of Labor and Employment Bangladesh
Aug 2022
Effective Communication Training
BRAC
Feb 2022
Leadership Skill Training
BRAC
Jun 2022
Interpersonal Skill Training
BRAC
Jan 2022
LC Procedure & Transactions
JMI Group, Bangladesh
Jun 2012