Muhammad Yousuf, Finance Controller

Muhammad Yousuf

Finance Controller

United National Dairy Company

Location
Saudi Arabia
Education
Master's degree, Master in Business Administration
Experience
14 years, 9 Months

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Work Experience

Total years of experience :14 years, 9 Months

Finance Controller at United National Dairy Company
  • Saudi Arabia - Hofof
  • My current job since August 2022

• Managing all accounting operations including Billing, A/R, A/P, GL and Cost Accounting, Inventory Accounting and Revenue Recognition.
• Implementing best-in-class policies and procedures which are compliant with statutory requirements and national/ international standards to govern finance related functions.
• Assisting with the annual planning, budgeting, and forecasting exercise.
• Leading the preparation and analysis of all financial reports, including income statements, balance sheet and cash flow statements in accordance with financial accounting standards.
• Assisting in periodic performance review exercise by reporting variance analysis, performance progress etc.
• Providing accurate (finance related) information/ inputs during external and internal audits.
• Maintaining the SAP system and make recommendations to improve the automation and utilization of the systems.
• Assisting with the monthly closing process, including reconciliations and undertakes analysis of related accounts.
• Developing and maintain the integrity of the financial reporting process and financial controls including internal controls.
• Managing cash flow and vendor payments and company’s financial commitment.
• Developing the strategic plan for the department in line with the overall organizational priorities.
• Operating framework and policies for the Section and ensures compliance with internal quality standards.

Finance Coordinator at United National Dairy Company
  • Saudi Arabia - Hofof
  • October 2021 to August 2022

• Communicating and visiting all departments to ensure they are following all policy procedures and suggesting to management for improvement and advancements.
• Develop and maintain internal controls and recommending accounting policies and procedure.
• Identifying and communicates potential risks to management and proposing resolutions of reconciling items timely.
• Preparing budget according to schedule and other related tasks.
• Analyzing the documents, data and information for current and future decision making.
• Working as an alliance officer for audit in year end.
• Analyzing and extracting expenses reports from SAP.

Senior Accountant at united national dairy co
  • Saudi Arabia - Hofof
  • September 2015 to September 2021

• Summarizing financial reports by collecting information; preparing balance sheet, Profit and Loss, Cash flow and other relevant reports.
• Analyzing financial information to prepare entries, in general ledger accounts as well as control trial balance & adjusting entries.
• Monitoring & Approve Bank Reconciliations ensuring completeness, accuracy, clarity transparency with adherence to policies, agreement & applicable regulations.
• Reviewing and analyze inventory and margin reports, conduct research, and perform analytical studies regarding cost analyses and profitability.
• Preparing and submitting tax returns and other tax statements according to local tax standards.
• Assisting with audits and prepare audit work papers.
• Costing. Such as updating activity rate, and run all costing process on SAP, costing standard, Production turnover report, products cost report for CSMO and Management.

Accountant at United National Dairy Co
  • Saudi Arabia - Hofof
  • February 2012 to August 2015

• AR (Account receivable) such as customer balance reports, customer creation, applying incoming payments against invoices, customer aging reports etc.
• GL. Passing general entries in SAP like provision, accrued, prepaid etc.
• Assets. Such as assets creation in SAP, assets reports for CFO.
• AP (Account Payable) Such has vendors balance reports, aging report, applying outgoing payments against invoices. Recording Promissory Notes and details etc.
• SD (Sales Distribution)-Such as uploading customer invoices, run sales process, applying sales invoices against PO. Customer reports, checking sale issue’s etc.
• MM (Material Management)-Such as material issue, receive, and transfer through MIGO, material creation, reconciliation with store, resolve problem related to material, coordinates with PP (Production Planning) and Quality Management team, Inventory reports for CFO& CA.

Finance Officer at Hameed Travel & Tours (Pvt) Ltd
  • Pakistan
  • July 2010 to January 2012

Organization Type: (Travelling, Ticketing).
Responsibilities :
•Monitoring Sales and Purchase invoicing, recovery from the Accounts Receivables and payments to Account Payables and ensure the proper internal control over the accuracy of Accounts Receivables, Accounts Payables, Payroll.
•Reviewing the Finalized and consolidated financial accounts of the Company in compliance with statutory requirements.
•Reviewing the financial operations, Payroll, General Ledger, Bank Reconciliation, and Cash Reconciliation.
•Reviewing the ageing of Accounts Receivables and Payables on weekly bases.
•Fallowing up bank statement on daily basis and bank reconciliation. Following up customers balances.

Trainee at Waqas and Company
  • Pakistan
  • September 2009 to July 2010

Organization Type: Accountancy & Audit Firm

Education

Master's degree, Master in Business Administration
  • at Allama Iqbal Open University Islamabad
  • March 2011

MBA banking and Finance

Bachelor's degree, Mathematics and Statistics
  • at Bahauddin Zakariya University
  • March 2007

Mathematics and Statistics

Specialties & Skills

Financial Reporting
Financial Accounting
SAP ERP
MBA Finance
Microsoft Excel
ACCOUNTING SOFTWARE
Financial Controlling
ACCOUNTS RECEIVABLE
ACCOUNTS PAYABLE
ACCOUNTANCY
Financial expertise
ACCOUNTING
AUDITING
leadership
financial reporting

Languages

Arabic
Expert
English
Expert
Urdu
Expert

Memberships

Saudi Organization for Certified Public Accountants (SOCPA)
  • Certificate of Accounting Technician
  • March 2021

Training and Certifications

CCA (computer course Application) (Certificate)
Date Attended:
August 2008

Hobbies

  • exercise
  • Internet
    R & D