shahrayar malik, manager accounting and finance

shahrayar malik

manager accounting and finance

Banque Saudi Fransi

Location
Saudi Arabia - Riyadh
Education
Diploma, Certified Management Accountant (CMA)
Experience
15 years, 9 Months

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Work Experience

Total years of experience :15 years, 9 Months

manager accounting and finance at Banque Saudi Fransi
  • Saudi Arabia - Riyadh
  • My current job since November 2011

(Achievements & Responsibilities during tenure)
• Successful implementation on Transformation of Retail & Corporate Bancassurance strategies plan.
• Successful renewal of 3 Year Financial Business Plan to SAMA for approval on Insurance operational Licence.
• Successfully devising & implementing, “3-year Financial Medium term Plan (MTP)” to Board.
• Successful IFRS adoption, Implementation & transition of Financial Statements from Saudi GAAP to IFRS.
• Redeveloping SFA Accounting Software ‘Oracle General Ledger’ And Revising Accounting Policies & procedures in adherence to the IFRS.
• Accurate reporting, directly to C.E.O & Board with weekly-consolidated segmentation & MIS reports of all lines of business.
• Successful submission & approval from Board on SAFIA Annual Budget with 15 % Cost effective reduction in each of preceding years.
• Timely & Accurate, Annual /Quarter Group consolidations with Group Financial Controllers of support departments.
• Achieved timely & Successful periodic External/Internal Audits, Annual Zakat-tax & VAT returns with Ministry of Finance (GAZT).
• Appropriate filing of Prudential Financial Reports to SAMA & Annual Financial Management report to Ministry of Chamber of Commerce & Industry (MOCI).
• Engaging as Risk Champion for Finance & operational risk areas, successfully creating Risk register & identifying KRI’s & its respective controls.
• Designed & implemented New Insurance Sales incentive Scheme for approval of the Board & steering Committee.
• Performed on ‘Special Project’- Periodic & extensive Reconciliation of Commissions Fees (income) Since Business inception.
• Successful acceptance on Recommendations provided to the Board in declaration of Annual Dividends

Assistant Accountant at Al mira International Trading est.
  • Saudi Arabia - Riyadh
  • January 2011 to October 2011

• Work pro-actively with Head Accountant, sharing responsibility, providing support, maintaining communication and updating senior team members on progress
• Assisting receivable adjustments & carrier statements, Invoices and check requests
• Assisting Generate account statements, reports and other records and handle paperwork and perform day-to-day administrative tasks
• Completing accounting activities related to trade payments and communicating the information to Managers/clients
• File maintenance, resolve invoice discrepancies & monitor accounts to ensure payments are up to date
• Performing daily, weekly & monthly reconciliation of the Company's accounts, balances receivables.

Accounts Receivable/Payable Accountant at IFM events ltd
  • United Kingdom
  • February 2010 to November 2010

• Management of the Financial systems including the general ledger and accounts receivable and payable
• Maintaining Sales ledger and invoicing system and generating and dispatching invoices
• Updating Focus program with any payments from clients and raise any sales returns/credit notes
• Purchase and Sales ledger management and dealing with refunds and charge backs.
• Double entry Bookkeeping and month end procedures
• Cash flow forecasting and Budgetary control
• Responding to queries from management, customers and regulatory bodies (HMRC )
• Preparation and submission of VAT returns to HMRC
• Liaison with HMRC in connection with Investigations and disputes

Payroll& Book keeper Assistant at The Network Field Marketing Ltd
  • United Kingdom
  • March 2009 to January 2010

• Prepares monthly payroll reports, creates payments requests for the Company's general expense
• Resolving any issues which may occur with the invoices
• Liaise with sub-contractors regarding the verification and authorization of invoice
• Liaise with suppliers regarding invoices received or any credit needed for payment
• Entry of invoices onto accounts and scanning and filing for future reference
• Allocation of cheques, credit card and direct debits (expenses) on Microsoft excel
• Preparation and Submission of VAT Returns to HMRC
• Preparing Financial Analysis on month to month basis &Monthly and weekly pay slips
• Assisting external accountant preparing and submitting year end returns (P35)- Preparing Employees Annual Earnings Certificate (P60)

Product Launch Manager at Evening standard newspaper
  • United Kingdom
  • June 2008 to January 2009

• Pre-launch Activities: Assisting Product Development, Project Management, Marketing Communication, Business Case, Pricing, and Device Selection
• Post-launch: Assisting Product Management, Customer Acquisition, Revenue growth, Market Share Growth, and Sales Channels Development
• Received the letter of appreciation for successfully Uplifting 40% consumer usage Of EROS reward card.
• Managing teams up to 20 staff on mainline station concourse
• Cash handling, preparing paper work, managing stock sheet on excel Manage monthly staff rotas with staffing manager
• Becoming a true advocate of the brand & Liaising with client requirements & achieving daily team targets
• Setup Marquee stand & creating brand awareness

Education

Diploma, Certified Management Accountant (CMA)
  • at Morgan stanley
  • December 2016

pursuing

Bachelor's degree, B.A (Hons) Applied Accounting
  • at UNIVERSITY OF ANGLIA RUSKIN (faculty:Ashcroft International Business School) England
  • December 2010
Diploma, Professional program in Management
  • at UNIVERSITY OF ANGLIA RUSKIN (faculty:Ashcroft International Business School) England
  • August 2008
Bachelor's degree, Advance Diploma in Business Administration
  • at Stevens college of Technology & Management, UK
  • January 2006

advanced diploma

Specialties & Skills

International Business
Preparation
Program Management
Product Launch
Product Management
MS Word, Excel, Access, Power Point
budgeting and Mis reporting

Languages

English
Expert
Arabic
Intermediate
Urdu
Expert
Hindi
Intermediate

Memberships

IMA-The association of accountants and financial professionals
  • member
  • January 2016

Training and Certifications

Insurance & Banking Corporate Governance Regulations (Training)
Training Institute:
Banque saudi Fransi(Training Academy)
Date Attended:
January 2014
Microsoft Excel Advanced (Certificate)
Date Attended:
April 2016
Valid Until:
January 9999
Principles of Insurance Accounting & Financial Reporting (Training)
Training Institute:
Banque saudi Fransi(Training Academy)
Date Attended:
August 2014
International Financial Reporting Standards (IFRS) (Training)
Training Institute:
Euromoney solutions-(Banque saudi Fransi Acadmey)
Date Attended:
March 2016
Duration:
40 hours
Internal Controls & Anti–Fraud Awareness Program (Training)
Training Institute:
Banque saudi Fransi(Training Academy)
Date Attended:
March 2014
Anti Money Laundering Awareness Program (Training)
Training Institute:
Banque saudi Fransi(Training Academy)
Date Attended:
December 2014
Institute of Baning (IOB)-SAMA (Certificate)

Hobbies

  • cricket
    winner of several saudi cricket national awatds