Credit Officer
Tawuniya Insurance
Total years of experience :27 years, 1 Months
Brief company profile
Tawuniya is a Saudi public joint stock company. It deals in cooperative insurance operations and all related activities such as reinsurance or agency activities. NCCI's principle lines of business include motor, marine, fire, medical, engineering, aviation, takaful, and casualty insurance.
My current role within the Company is as a Credit Officer.
Role and responsibilities
As Credit Officer my responsibilities are as follows:
•Optimize the use of personal and team time/effort in carrying out assigned duties, to ensure work meets agreed standards for timeliness and quality.
•Conduct regular review of balances outstanding from various heads of accounts receivable from clients and develop aging report to analyze of the receivable accounts on a regular basis to identify overdue balances.
•Prepare statistical and analytical reports regarding the receivables portfolio showing the trends and developments & matters requiring action at Senior Management level.
•Develop aging report of the receivable accounts on a regular basis to identify overdue balances and follow up with the head of marketing in respect of balances due from clients to ensure timely collection of dues.
.Brief company profile
One of the leading groups of Saudi Arabia (K.S.A) engaged in retail and construction business having its own shopping malls, operating more than 1800 stores comprising of prestigious brands of the world i.e. Marks & Spencer, GAP, Zara, F&F, Aldo, Clarks etc., and also making investment in other leading companies within and outside Saudi Arabia.
My current role within the Company is as a financial analyst.
Role and responsibilities
As financial analyst my responsibilities are as follows:
•Managing a company's financial accounting, monitoring and reporting systems.
•Supervising accounts team comprising of four members.
•Monitors proper handling of financial transactions and approves transactions within designated limits.
•Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
•Providing and interpreting financial information i.e. periodical financial statements of the company & group.
•Prepare the periodical cash flow of the company & group.
•Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
•Preparation of annual budget of the company and co-ordinate with Finance Manager in compiling the annual budget of the group.
•Determines financial status by comparing and analyzing plans and forecasts with actual results.
•Liaising with external auditors to ensure annual monitoring is carried out on time.
•Prepare the documentation for opening of letter of credits and guarantees from banks.
Brief company profile
It is a leading media group of Pakistan having a news channel (Din News) and daily Urdu newspaper (Daily Din) published from Lahore, Karachi, Islamabad and a charter university named as University of South Asia.
My role within the company was that of General Manger - Finance.
Role and responsibilities
As General Manger - Finance my responsibilities were as follows:
•Responsible for the accounts, recovery and T.V. channel distribution departments of the company.
•Supervising a team comprising of twenty members.
•Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
•Developing external relationships with appropriate contacts, e.g. auditors, solicitors, advertising agencies and bankers.
•Arranging new sources of finance for a company's debt facilities.
•Providing and interpreting financial information i.e. periodical financial statements of the company.
•Prepare the periodical cash flow of the company.
•Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
Brief company profile
It is a company involved in the business of printing a reputable Daily Urdu newspaper “Daily Pakistan”.
My role within the company was that of Internal Auditor.
Role and responsibilities
My role within the company was that of Internal Auditor, with key responsibilities as follows:
•Implementation and monitoring of financial discipline including developing, reviewing, updating or complying cost efficient internal controls, risk management and standard workflow procedures.
•Ensuring compliance of all rules and regulations of regulatory authorities.
•Maintaining and preparing reconciliation of quantitative records of finished products.
•Preparing reports to highlight issues and problems and distributing the reports to the relevant people.
•Reporting risk management issues and internal controls deficiencies and providing recommendations for improving the company operations, in terms of enhancing efficient and effective performance.
My role within the company was that of Manager Accounts, with key responsibilities as follows:
•Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
•Providing and interpreting financial information i.e. periodical financial statements of the company.
•Liaising with external auditors to ensure annual monitoring is carried out on time.
•Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
•Assures compliance with federal, state, local and corporate policies, regulations and laws.
•Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.
Brief company profile
It is a company engaged in the business of export of concentrate of fresh fruits and also involve in the production of fruit juices within Pakistan.
My role within the company was that of Chief Accountant.
Role and responsibilities
My role within the company was that of Chief Accountant, with key responsibilities as follows:
•Handling critical functions within the department and capable of assisting employees within the department.
•Maintain system of accounts and keep records on all company transactions and assets.
•Prepares work papers and supporting schedules for the annual financial review.
•Analyze transactional processes and identify areas where additional accuracies and efficiencies can be achieved.
•Prepare monthly comparison reports and cost center reports according to schedules.
•Coordinate monthly closing process and reconciliation of general ledger accounts.
•Work with both internal and external auditors during financial and operational audits.
