Finance, Management & Stocks
Amazon Foods Saudi Arabia
Total years of experience :13 years, 8 Months
At Amazon Foods while working as a finance, accounts and management lead, my work area includes:
• Financial Management: Managing company finances, Supplier payment cycles and Customer collection cycles, Sales Strategies and their Impact on Company Financial Conditions
• Accounting & Auditing, Managing Company’s Books of Accounts, periodical and regular updating of General Ledger Accounting Entries, Preparation of Financial Statements and Bank, Customer and Supplier Reconciliations. Monthly Accounts Closing Processes and Procedures of Accruals, Preparation of VAT Returns to be submitted to GAZT and passing relevant Payable entry to ERP.
• Stocks & Stores Management, Management of Company Stocks with accurate tracking of Stock Inwards, Deliveries and Sales, Weekly reconciliations of Stock and its continuous evaluation with updated Costs, Selling Prices and its Analysis to enable Management take better and Informed Decisions.
Overall position in company is of Financial and Operations Management Nature, having little staff to cut costs, my involvement is not limited to areas mentioned above.
Since the outbreak of COVID-19 I am utilizing my skills to facilitate Accounting and Taxation needs of small to medium businesses, helping them finalize their books of accounts and filing their quarterly or monthly VAT returns and helping them resolve any VAT or Accounts related issues.
At HSB Holding my areas of work included two major Functions:
1. Senior Accountant GL.
2. Payables Control Accountant.
I successfully applied my knowledge and ideas for the better procedures and policies to overcome flaws in payment and accounting.
My area of work allowed me to:
• Smooth-lined company Projected Cashflows & Budgets to have a clear idea of future expenses and their necessity.
• Being part of ERP Implementation in the company had a close look at the building foundation of accounting systems and implemented departmental accounting and expenses segregation to better know which departments are profit generating and which departments need correction and corrective actions.
• Prepared, and Finalized General Ledger Accounting, leading to Preparation of Financial Statements.
• Paid close attention to funds availability in organization to keep supplier relations good by paying them on time and not letting projects progress suffer.
• Monitoring of Sales Cycle: Invoicing, Follow-ups and Record Keeping.
• Bank Correspondence: Payments, Deposits, Transfers, Reconciliations and Record Keeping.
• Implementation of VAT and classification of products, dealt with VAT Authorities directly.
• Ensured Debtors, Creditors Reconciliations and accuracy of Statements of Accounts.
• Providing Management with Product & Service-wise Feasibility and Profitability Reports.
At SASEC (Saham Al Shamal Engineering Consultants Company) my areas of work included two major Functions:
1. Finance & Accountancy
2. Procurement
I had opportunity to implement my ideas and knowledge to add value to the organizational procedures towards better governing and controlling departments.
My areas of work included:
• Financial Record Keeping.
• Processing Financial Information to Meaningful, Management Understandable, Reports.
• Paying Close eye to Budgets, Variances and Revisions in Budgets to meet Company Requirements.
• Processing of Value Added Tax (VAT) Returns and record keeping.
• Coordinating between Departments to Extract Maximum Information, Affecting Directly or Indirectly to the Going Concern of Company's Finances.
• Providing Management with Accurate Information and Classification of Overheads to Better Understand Cost Drivers, Resulting in Proper Attention to Exact Areas for Cost Management.
• Processing of Sales Cycle: Invoicing, Follow-ups and Record Keeping.
• Coordinating Bank Correspondence: Payments, Deposits, Transfers, Reconciliations and Record Keeping.
• Analysing Procurement Needs in Respective Departments.
• Active Search for New Vendors and Negotiations on Payment Terms, While Maintaining a Balance between Quality, Quantity and Availability of Required Items.
• Vendor Record Management for Timely Payments: Deciding When, How and How Much to Pay.
Overall a Good Mix of Accounting, Financial and Procurement Functions with Effective Internal Controls Implementation and Management.
At Specialized Gulf Welding Company, while using ERP based software Focus RT, my area of responsibility included:
• Monitoring of Rental Policies Adherence.
• Coordinating Between Department of Finance and Sales to Smooth-line the Process of Business Growth.
• Target Setting for the Sales Team and Identifying Their Achievements, Equipping them with Market Analyses.
• Stream Lining the Process of Reporting for Department to Generate Meaningful Reports, Worth Decision Making.
• Price Setting in Reflection of Company Expenditures and Profits.
• Overseeing the Accounts Function and Devising for them Presentation and Timely Data Processing and Reporting Plans.
• Identifying the Performance Indicators in the Business / Departments.
• Helped Management in the Implementation of VAT and classification of products.
• Helping Management to Understand Different Cost Centers and their Relevance to Profit Generation.
At Electric House Lighting (Branch of Electric House Establishment), being the sole individual for the accounts of the branch, while using Automated System Environment & Accounting Software ‘Exact Globe’ (ERP). my involvements are in the field of:
• Monitoring of Sales Cycle, Documentation and Follow-up with Collection Departments.
• Timely Debtors and Creditors Reconciliations.
• Bank Receipts and Payments (Management, Record Keeping & Reconciliations)
• Continuous Project Costing, Cost Reporting, Cost Control & Management and Progress Accounting.
• Responsibly Managing the process of Application, Claim and Documentation for Letter of Credits (LCs)
• Management of Funds.
• Management of Chart Of Accounts and Classification of Accounts time to time.
At Ba’amer Trading & Contracting Establishment, being a key member of Team of accountants in a Multi-divisional organization, using Tally ERP 9.0:
• Properly Managed the Petty Cash and Funds for divisional branch with the monthly reimbursements exceeding SAR 1.5 million.
• Ensured Debtors, Creditors Reconciliations and accuracy of Statements of Accounts.
• Monitored Stores for Material maintenance and initiate sales orders, resulting in Sales Invoice Preparation, Documentation and Followed-up with Collection Departments.
• Performed Journal and GL Entries and Kept Detailed Records.
• Processed Payrolls: Managed Employee Records.
-Monthly Record Keeping and processing of Attendance, Overtime, Loans / Advances.
-Preparation of Monthly Payrolls, Payslips and Payment of Salaries to individual employees.
• Managed Bank Receipts, Payments and reconciliations.
• Performed Project Costing, Reporting on Performance and Feasibility studies.
• Helped Management in the Processes of Decision Making on Buying or Leaving Decisions.
• At the Year End Participated Actively in the Process of Consolidation of Final Accounts and Finalization of Accounts.
• Helped Management in Organizing Divisional Funds and Rotation of Funds.
• CRCP (Consumer Rights Commission of Pakistan)
a. Maintenance of complete 'Books of Accounts' in Peachtree and implementing procedures in accordance with policy, since July, 2009.
b. Payroll Process Management, Application & Training.
c. Costing of different Jobs and Cost Centers.
Accounts Assistant, Audit Supervisor.
As an Accounts Assistant & Final Accounts Reviewer my major areas of work were:
* Book keeping and Financial Reporting.
* Preparation of Final Accounts (Financial Statements).
* Posting of Data to Automated Software (Data Entry With Evidences Journal Entries).
* External Audit Assignments.
* Internal Audit Assignments.
* Preparation of complete chart of accounts.
* Excel Comprehensive Record Keeping (maintenance of complete books of accounts on
MS Excel).
* Petty Cash Management.
* Reconciliation of Banks, Payables & Receivables.
* Monitoring accounts to ensure payments are up to date.
* Vendor file maintenance.
* Correspondence with vendor and response to inquiries.
* Production of monthly reports.
* Invoicing.
(A Project of Al-Khidmat Foundation) as Team Leader for the year ended
June30, 2010.
b. Participated in Audit of Islamabad Distributers (Medicine Distributers),
Rawalpindi as Team Member for the year ended June, 2012.
c. Capital Flour Mills, Islamabad.
d. Seven Software Development (Private Limited) Islamabad.
* Organizational Behavior * Marketing Management * Business Communication * Accounting * Total Quality Management * Financial Accounting * Cost Accounting * Financial Management * Sales Management * Electronic Commerce * Decision Making * Supply Chain Management * Managerial Economics * International Management * Human Resource Management * Money & Banking * Business Mathematics * Law of Taxation * Corporate & Business Law
RCMS (Royal College of Management Sciences), Jun - 2011. • ACCA First Module (Knowledge Level) Major Subjects: -Accountant in Business -Management Accounting -Financial Accounting • ACCA Second Module (Fundamental & Skills Level) Major Subjects: -Performance Management -Audit Assurance -Corporate & Business Law -Financial Management -Financial Reporting -UK Tax.
Auditing, UK Tax, Management, Cost Accounting, Financial Accounting, Financial Management
12 Years of Education or A levels internationally. My Major Subjects were: * Computer Science * Physics * Mathematics
