نجيب علي

Prepare and submit monthly VAT and Withholding Tax (WHT) reports via the ZATCA portal, ensuring compliance with local tax regulations.

▪ Support the issuance of the Annual Local Content Certificate, contributing to regulatory adherence and reporting.

▪ Actively participate in monthly and annual closing processes, providing audit support to external auditors to ensure accurate financial reporting.

▪ Maintain and update fixed assets records, including calculating and recording monthly depreciation to ensure accurate asset valuation.

▪ Compile and process monthly End-of-Service Benefits (EOSB) reports, performing related accounting adjustments to ensure compliance with labor laws.

▪ Conduct monthly reconciliations for annual leave accruals and employee benefits, ensuring accurate and timely reporting.

▪ Manage cost allocation for PMO projects, covering both project management and operations costs to support efficient project budgeting.

▪ Allocate and distribute overhead costs across various projects, analyzing direct and indirect costs to optimize cost efficiency.

▪ Manage vendor accounts, ensuring VAT-compliant tax invoices are accurately recorded and conducting periodic reconciliations.

▪ Oversee payroll calculations, record entries in Zoho Books ERP, and perform monthly reconciliations of accrued salary accounts.

• Ensured 100% accuracy implementing IFRS/GAAP and timely month-end/year-end closing; managed
complete F/S preparation, majorly covering General Ledger, Account Payables, Account Receivables,
payroll, budgeting & forecasting, invoices, inventory & fixed asset management, Capex, leases, inter
company transactions, and reconciliations.
• Acted as key business partner to senior leadership; prepared budgets, rolling forecasts, and variance
analyses supporting strategic planning and resource allocation.
• Oversaw corporate tax, withholding tax, and VAT compliance for clients ensuring timely and accurate filings.
• Introduced segment-wise reporting in line with IFRS 8 and classified properties under IAS standards
inventories (IAS 2), PPE (IAS 16), investment property (IAS 40); improved asset tracking reliability and
management insights.
• Spearheaded automation of financial workflows via ERP and BI integration, boosting departmental
efficiency by 30% and reducing manual errors.
• Delivered intuitive management dashboards and financial statements in Power BI and Excel, enhancing
decision-making.
• Coordinated reconciliations with administrative teams, improving operational accuracy and collaboration.
• Supported internal audits, external audits, and statutory compliance, mitigating risk exposure.

• Delivered monthly financial performance analysis and variance reports to senior management, driving 8-12% cost
efficiency improvements through actionable insights.
• Led budgeting, forecasting, and financial planning cycles, improving forecast accuracy to within ±5% variance and
supporting strategic business planning.
• Developed financial models and dashboards using Excel/ERP systems, reducing reporting turnaround time by 30-40%
and improving decision-making speed.
• Conducted variance analysis on revenue, costs, and margins, identifying inefficiencies and supporting 3-7% improvement
in profitability.
• Managed working capital analysis (AR/AP/cash flow), improving liquidity and cash flow visibility by 10-15%.
• Streamlined month-end closing and reconciliations (GL, AP, bank), reducing closing cycle time by 2-3 days with improved
accuracy.
• Ensured IFRS compliance and strong internal financial controls, reducing reporting errors and audit adjustments by 20%+.

• Managed internal & external audits for 50+ clients by actionable insights on operations and risk mitigation.
• Advised clients on strengthening internal controls and process improvements, reducing control deficiencies
by 20% and enhancing operational resilience.
• Designed and enforced robust internal controls in compliance with IFRS, improving audit readiness.
• Delivered IFRS-compliant financial reporting, shortening client reporting timelines by 5-10 days through
improved working papers.
• Corrected and implemented IFRS 16 by restating a Sale and Leaseback transaction previously recognized
under IFRS 15; reclassified it as a finance lease and managed lease modifications, ensuring accurate
asset/liability recognition and improving financial statement reliability by 100%.
• Rectified recurring markup-on-markup errors in inter-company payables; enforced IFRS-compliant
controls, eliminating overstatements of nearly 15% and improving reporting accuracy by 15%.
• Coordinated with client finance teams and audit partners, improving query turnaround by 30% and ensuring
smooth audit engagements.

• Performed risk based internal audits of financial processes, including AP, AR, and general ledger, identifying process
inefficiencies and control weaknesses leading to 10-15% improvement in operational accuracy.
• Assessed IT general controls (ITGC) including access controls, user permissions, and system security to ensure data
integrity and compliance with internal policies.
• Reviewed automated financial processes within ERP systems, supporting improvements in workflow efficiency and
reducing manual intervention.
• Worked closely with finance and IT teams to recommend process improvements, strengthening financial controls and
reducing reconciliation errors.
• Evaluated and tested internal controls across finance and ERP systems (Odoo/SAP/Dynamics), ensuring compliance with
company policies and reducing control gaps by 15-25%.

General Ledger Maintenance: Recorded journal entries and maintained accurate ledgers in line with IFRS.
Banking and Imports: Coordinated bank financing and import processes, including LCs and shipment cost analyses.
MIS Reporting: Prepared daily MIS reports to support directors’ operational and strategic decisions.
Payment Controls: Verified payments for accuracy, approvals, and correct accounting treatment.
Team Collaboration: Supported colleagues through active participation and knowledge sharing to achieve team goals.
Process and Month-End Closure: Streamlined recurring activities to ensure efficient and timely month-end closings.
Financial Reporting: Prepared monthly, quarterly, and annual financial statements per IFRS and local laws.
Financial Analysis: Analyzed financials to identify cost-saving opportunities and enhance operational efficiency.