Senior Manager Compliance
Fiduciam Global Consulting
Total years of experience :25 years, 5 Months
VAT implementation assignments performed for Flynas, Mitsubishi Electronics and Al Dara Hospital.
Responsible for Monthly VAT Returns review of Flynas and group companies.
Responsible for monthly VAT Return review of Mitsubishi Electronics.
Time to time involvement for accounting system and reports review.
Accounts department head at Head Office.
Bank Relations at Corporate level for Shas Co. with
SABB
ANB
AL INMA
BSF
SHB
Dealing for bank facility (Running Finance and LC)
POS terminals and 0% installments
Employees loans arrangements
Monitoring of Day to day banking operations.
• Monitoring Financial cycle and working capital requirements of the Co thru sales, collections and banking facilities
• Supervision on the work of accounting and warehouse staff (Team of 60 members), providing the necessary directions and training for them, and distributing work among them according to the work interest.
• Preparation of monthly and annual reports.
• Analysis of costs and determining the actual cost.
• Observing the right application of the financial and administrative rules and regulations of the Company in all works of the accounting section.
• Reviewing and approving all entry documents and orders of payment prepared by accountants of the accounting section after checking their correctness, soundness of the accounting direction, availability of all supporting documents and checking their legality and validity.
• Financial forecasting, so that the management can thoroughly investigate the expected operations for the next long period expressed in a financial form.
• Preparation of financial plans and studies, setting the estimated annual and quarterly budgets and submitting them for approval.
• Preparation the necessary settlement entries and approving them. Financial supervision on warehouses, inventory, assets, and making the annual inventory processes.
• Supervision and observing check issuance required under payment orders that meet all approved procedures of draw.
• Preparing the estimated budget of the accounting section.
Regular review of the accounting systems.
• Reviewing the Company's accounts with the banks, accounts of guarantees, credits and all the relevant particulars.
• Reviewing the payrolls, wages, additional work hours, bonuses, and expenses.
• Coordination with the various relevant departments about making the programs and setting the standards which facilitate to determine the costs with the required accuracy and speed and taking decisions.
The objectives of the Company are the construction and development of private hospitals, medical centers, laboratory and diagnostic centers. The Company has a private Hospital in Riyadh namely Kingdom Hospital and Consulting Clinics.
Compliance with the applicable policies and procedures developed by the management for payroll.
Preparation of monthly payroll reconciliation.
Preparation of Monthly payroll of the Kingdom Hospital in “
JS ABAMCO Limited is a public limited company and is registered as an “Investment Adviser” of 13 close end funds and as an “Asset Management Company” of 3open ended funds.
Roles and Responsibilities
Preparation of Management, statutory accounts (both Individual and Consolidated) and other periodical reports of the company and its subsidiaries.
Preparation of cash budgets, daily fund position and portfolio for the Investments in share and other financial instruments.
Ensure accurate and timely accounting to comply with the statutory regulations and for necessary management information and decision-making.
Compliance with the applicable laws relating to Corporate Governance and Taxation.
Filing of statutory returns with relevant governing bodies.
Liaison with external Auditors up to finalization of statutory audit.
Completed mandatory training as prescribed by ICAP with KPMG Taseer Hadi Khalid & Co. (THK), Chartered Accountants, is member firm of Klynveld Peat Marwick Goerdeler, one of leading worldwide firm of auditors, accountants and consultants.
Roles and Responsibilities
• Audit planning and its implementation, supervision of Audit team and their grooming.
• Detailed review of internal controls and reports thereon.
• Preparation of Financial Statements in compliance with the International Accounting Standards, International Auditing Standards and applicable local statutes.
Supervised and assisted in handling the following statutory audits and special engagements of reputable organizations relating to different sectors during training and employment period:
Financial Institution as External Auditor
• Emirates Bank International -PJSC
• Habib Bank Limited
• National Bank of Pakistan
• BSJS Balanced Fund Limited
• Confidence Mutual Fund Limited
• JS ABAMCO Limited
• Javed Omer Vohra & Co. Limited
• Hashoo Holdings (Private) Limited
• Investment Corporation of Pakistan
Manufacturing/ Service Industries as External Auditor
• Pak Arab Refinery (PARCO)
• National Containers (Private) Limited
• Continental Biscuits Limited (LU Biscuits)
• Pearl Continental Hotel - Karachi
Special Assignments as Internal Auditor
• Uni Lever of Pakistan.
• National Bank of Pakistan
• Dewan Sugar Mills Limited
one of leading worldwide firm of auditors, accountants and consultants.
Roles and Responsibilities
Audit planning and its implementation, supervision of Audit team and their grooming.
Detailed review of internal controls and reports thereon.
Preparation of Financial Statements in compliance with the International Accounting Standards, International Auditing Standards and applicable local statutes.
Supervised and assisted in handling the following statutory audits and special engagements of reputable organizations relating to different sectors during training and
Passed Professional Exam (PE-1) of Chartered Accountant
Major Subjects: Advanced Accounting Cost Accounting Business Communication Advance Taxation Corporate Law