NAZAKAT ALI SHAHZAD ACCA UK MSC UK BSC UK MBA PAK , Financial Analyst

NAZAKAT ALI SHAHZAD ACCA UK MSC UK BSC UK MBA PAK

Financial Analyst

RAPCO For Contracting and Industrial Services Company

Location
Saudi Arabia - Dammam
Education
Higher diploma, ACCA
Experience
16 years, 6 Months

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Work Experience

Total years of experience :16 years, 6 Months

Financial Analyst at RAPCO For Contracting and Industrial Services Company
  • Saudi Arabia - Dammam
  • My current job since December 2021

Business Financial analysis, identifying the risk factors and providing the solutions.
SWOT analysis, study the Strength, Weaknesses, Opportunities and Treats of the company by excessing the internal and external factors and as well as current and future potential.
Analysis of business Performance verses Budget and Forecast.
Financial reports and statements like Project wise Budget, Cashflow, Income statement, balance sheet and Equity.
Cost Controlling plans, recommendations, implementation and follow up.
Familiar with the Audit procedure of all authorities of Saudi Arabia like ZATCA, IKTVA, LCGPA.
Familiar with the different ERP systems like SAP, ORACLE, QuickBooks and FOCUS 9.
Setting up key performance indicators for the finance department
Studding the operational activities and contracts of business and giving the recommendations in financial terms and conditions to maintain the smooth cashflow.
Study and improvement in gross margins.

Finance Manager at Hana Group
  • United Arab Emirates - Abu Dhabi
  • April 2019 to May 2021

Managing all the Financial Policies and Procedures.
Established the Internal control systems for the whole group.
Complete business analysis.
Established the centralized control and reporting systems.
Developed the new business relations with the banks for new banking facilities for upcoming new projects.
Looking after of all the Audit and Zakat queries.
Reviews for ongoing projects and strategic plans for new projects.
Preparation of Budgets, Cashflow and Revenue forecasting.
Identifying the Variance for Actual Cost Verses Budget.
Analysis of monthly, quarterly and annual financial statements.
Setting up key performance indicators for Finance department.

FINANCE MANAGER at ASAS CONTRACTING CO LTD (SEC)
  • Saudi Arabia - Jeddah
  • May 2010 to March 2019

Implementation of new ERP system, financial module, FOCUS 9.
Established the reporting and control systems for the whole group.
Analyzing the risk factors and providing the solutions.
Preparation of budgets and Cashflow for new ad ongoing projects.
Taking necessary steps and actions for cost controlling.
Close monitoring and follow-up of Receivables.
Establishing the new relation and updating the payment terms with vendors.
Preparation and analysis of monthly financial reports, identifying the variances.

Chief Accountant at BINZAGR SAUDI SHIPPING OMPANY
  • Saudi Arabia
  • May 2007 to April 2010

Preparation and analysis of all types of Financial Report.
Preparation of Financial Policies and Procedures.
Preparation of Budget, Cashflow and forecasting.
Variance analysis of the business.
Reviewing of the monthly, quarterly and annual accounts of the company.
Looking after of all the Audit, Zakat and VAT queries.
Regular Reviews of all ongoing projects
Monitoring of budget for all projects and cost recommending the cost controlling plans.

Education

Higher diploma, ACCA
  • at Association of Certified Chartered Accountants
  • January 2024
Master's degree, MSC in Professional Accountancy
  • at UNIVERSITY OF LONDON
  • January 2024
Bachelor's degree, BSC (HONS) in Applied Accounting
  • at Oxford Brookes University
  • January 2024
Master's degree, Finance
  • at Preston University Pakistan
  • January 2010

MBA (FINANCE AND ACCOUNTS)

Diploma, MANANGEMENT
  • at NEBOSH
  • January 2010

NEBOSH

Bachelor's degree, Finance
  • at PUNJAB UNIVERSITY LAHORE
  • January 2004

B.COM

Specialties & Skills

SWOT analysis
Financial Risk
Budgeting
Cash Flow
ERP Systems
Financial Policies
Cost Controlling Plans
Budgeting
IKTVA & LCGPA Audit
Risk Factors
Variance analysis
Cashflow
ERP Implementation
Revenue Forecasting

Languages

Arabic
Expert
English
Expert

Hobbies

  • Swimming and Historical book reading