muhammed shafeeq, Internal Audit

muhammed shafeeq

Internal Audit

Al kabeer group

Location
Saudi Arabia - Jeddah
Education
Master's degree, corperate finance
Experience
10 years, 6 Months

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Work Experience

Total years of experience :10 years, 6 Months

Internal Audit at Al kabeer group
  • Saudi Arabia
  • My current job since June 2018

*Prepare internal/external audit report on quarterly/yearly basis and follow-up of recommendations of previous quarters
* Prepare financial statement, trial balance, profit and loss statement, balance sheet, consolidation of financials statement etc.

Finance Controller at Hyper Bshyyah Group
  • Saudi Arabia - Jeddah
  • October 2016 to March 2018

- Prepare financial statement, trial balance, profit and loss statement, balance sheet, consolidation of financials statement etc.
- Analyze and verify accuracy of the financial statements and transactions and / or other management documents, records and reports, etc.
- Preparation of Purchase and Sales registers. Monitoring Payables and Receivables; produce monthly statement of accounts.
- Reconciliation of banks, creditors, debtors and intercompany accounts
- Preparation of projected and provisional Balance sheets.
- Internal audit of Manufacturing and Trading Concerns.

Finance Manager/ Chief Of Accounts at Mohd Bin Ghalaita Group
  • United Arab Emirates - Dubai
  • May 2015 to April 2016

 Report to management on variances from the established budget, and reason for such variances.
 Responds to inquiries from the Managing Director, GM, Finance and other managers regarding financial results and special reporting.
 Monitoring and interpreting cash flows and predicting future trends.
 Prepare income statement for Confirming financial status by monitoring revenue and expenses, coordinating the collection, consolidation, and evaluation of financial data.
 Where settlement is made with sister companies, approval of transfer report which is prepared by General Accountant or Assistant Accountant.
 Ensured that bank payment vouchers are prepared properly and approve the same.
 Monitoring and interpreting cash flows and predicting future trends.
 Approval of Petty Cash Fund Request Form and ensure that request is made for business purpose and expenditure.
 Verify Bank reconciliation, General ledger, Accounts payable and Receivable.
 Maintain listing of accounts receivable and payable, handle full-cycle accounts payable for over 65 vendors.
 Monitor the actual cash flow against forecast and take the necessary measure to remedy variances.

Senior Accountant at Alkhaja Hospitality and Retail
  • United Arab Emirates - Dubai
  • February 2013 to February 2015

 Monitor and collaborate with other department that proper and valid invoice are recorded.
 Ensure that payment made is valid and all relevant documents are approved and up to date.
 As an active part of import payment process, review that L/C opening and closing are proper and correctly recorded and payment are made on time.
 Ensure that monthly, quarterly and yearly closing of accounts is carried out in an accurate and timely manner.
 Prepare monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks.
 Ensure that the company are continuously keeping sufficient fund to fulfil its financial obligation by preparing monthly cash flow forecast.
 In case of import payments, review payment transfer letter and ensure its correctness and accuracy
 Receive and verify invoices and requisitions for goods and services.
 Verify that transactions comply with financial policies and procedures.
 Prepare, verify, and process invoices and coding payment documents.
 Reconcile the accounts receivable and payment
 Strategically developed innovative order process and procedures that has been adopted by company and remains in use to date.

Education

Master's degree, corperate finance
  • at Anna university
  • July 2012
Bachelor's degree, commerce
  • at Calicut University
  • June 2009

Commerce subject Mathematical subject

Specialties & Skills

Account Finalization
Profit Analysis
Costing
MBA Finance
written and communications skill
financial reporting
accounts payable
computerised accounting system
Analytical and problem solving skills
supervisory skill
Excel Expert (Macros and VB)

Languages

English
Expert
Hindi
Intermediate
Arabic
Intermediate

Training and Certifications

diploma in financial accounting (Certificate)
Date Attended:
May 2007
Valid Until:
January 9999

Hobbies

  • fishing
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