Mohammad Asim Iqbal, Manager Finance

Mohammad Asim Iqbal

Manager Finance

Pearson

Location
Saudi Arabia - Riyadh
Education
Master's degree, MBA Finance
Experience
16 years, 3 Months

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Work Experience

Total years of experience :16 years, 3 Months

Manager Finance at Pearson
  • Saudi Arabia - Eastern Province
  • My current job since February 2012

 Deliver financial control and management in Saudi Arabian operations
 Prepare accurate reliable financial statements and reports
 Prepare budgets and financial forecasts
 Manage the accounting software, inputs, outputs, and analysis
 Ensure completion of reports with high standards in compliance to the auditors and corporate deadlines
 Ensure efficient payment controls
 Finalizing financial and tax statements in coordination with company and external auditors
 Risk management and review process for improvement within Finance
 Cash flow management in compliance to company policies
 Manage banking, Insurance, Payables and Receivables, GLs
 Develop effective financial policies and procedures
 Develop financial models for investment appraisal and business opportunities.
 Monthly reconciliation of payroll and other staff advances

Accounting and Tax consultant - Senior at Ernst and Young
  • Other
  • July 2010 to February 2012

Business Tax Consultancy
• Actively involved in advising clients on tax/legal and zakat implications in Saudi Arabia including tax issues arising on offshore transactions; Advising tax efficient business set-up/structures to new companies; Advising various multinational clients on the preparation of tax returns and providing corporate tax advisory services to clients
• Review of proposed business structures, transactions and agreements from the Saudi Arabian tax perspective
• Preparing due diligence reports for various clients
• Identifying the possible exposures to tax in Saudi and recommending ways to modify and/or restructure agreements so that the resulting tax incidence is minimized
• Preparing the Income tax and withholding tax returns of various clients.
• Advising client to save tax by analyzing the tax treaties
• Conducting review of contracts, identifying withholding/corporate tax exposures and advising clients on mitigating factors including vetting from tax perspective

Accounting and Taxation consultant at Ernst and Young
  • Other
  • July 2009 to June 2010

Finance and Accounting
• Liaising with audit colleagues to consider the accounting treatment of various business transactions, and assessing the Saudi Arabian tax implications arising from such treatments.
• Recommending possible alternative accounting treatment where tax exposures are identified
Auditing and Certification
• Planning the audit work using the risk methods
• Auditing the books of accounts of various clients for certification
• Reviewing various revenue and expense contracts
• Preparing a financial analysis report/analytical review sheet

Senior Associate - Accounting and Taxation at Ernst and Young
  • Other
  • July 2008 to June 2009

Performing various tasks during my association with the firm, including:
- Overall engagement management - i.e. undertaking QRM and client acceptance procedures including liaising with other EY offices in various jurisdictions to obtain necessary clearance and acceptance.
- Advisory services to various clients on Saudi Arabian tax/zakat matters.
- Advising clients on setting up a legal entity and ad-hoc accounting advises in liaison with assurance department.
- Undertaking tax due-diligence assignments.
- Preparation and review of tax and zakat declarations of various clients.
- Review and supervision of attestation work.
- Assisting the clients during field audit by the Department of Zakat and Income Tax.
- Preparation of proposals for various PNBs and responding to RFPs.
- Interoffice coordination to provide services to various clients.
- Conducting trainings and supervising junior staff and assisting them in their pursuit for a professional qualification.

Associate at Ernst & Young
  • Other
  • February 2008 to July 2008

Performing various tasks during my association with the firm, including:
- Overall engagement management - i.e. undertaking QRM and client acceptance procedures including liaising with other EY offices in various jurisdictions to obtain necessary clearance and acceptance.
- Advisory services to various clients on Saudi Arabian tax/zakat matters.
- Advising clients on setting up a legal entity and ad-hoc accounting advises in liaison with assurance department.
- Undertaking tax due-diligence assignments.
- Preparation and review of tax and zakat declarations of various clients.
- Review and supervision of attestation work.
- Assisting the clients during field audit by the Department of Zakat and Income Tax.
- Preparation of proposals for various PNBs and responding to RFPs.
- Interoffice coordination to provide services to various clients.

Education

Master's degree, MBA Finance
  • at KSOU
  • October 2014
Bachelor's degree, Accounts, Finance and Business
  • at Jamia Millia Islamia University
  • October 2007

Bachelors of Commerce (Honours)

Specialties & Skills

Consultancy
Preparation
Revenue
Statements
MS Powerpoint
MS excel
Peachtree accounting software
MS word

Languages

Arabic
Intermediate
English
Expert
Hindi
Expert
Urdu
Expert