Syed Abdur Razzaq

• Reconcile cash and bank statements on a regular basis.
• Record monthly provisions and accruals in compliance with accounting standards.
• Maintain detailed yearly and monthly rent schedules.
• Prepare and update medical and other insurance schedules.
• Verify and record all accounts payable transactions.
• Prepare monthly creditors reconciliations.
• Process trade and non-trade payments after thorough review and verification.

Jeddah, KSA
• Reconciled cash, bank, and intercompany accounts across 3 group entities monthly, maintaining full accuracy for regulatory
and management reporting.
• Managed end-to-end accounts payable for 30+ vendors, including invoice verification, creditor reconciliation, and payment
processing, with zero payment disputes.
• Recorded monthly accruals and provisions while maintaining rent and insurance schedules for the organization.
• Prepared financial records and supporting documentation for internal and external audit cycles, contributing to on-time
audit sign-off.

• Overview inter companies accounts, HO accounts including but not limited to budget preparation,
profit & loss accounts, owners accounts, banking, intercompany reconciliation, liaison with auditors
on audit assignments
• Managed daily cash and bank transactions with accuracy and timeliness.
• Prepared debtor outstanding lists and followed up on payments.
• Processed payable invoices weekly and ensured proper documentation.
• Created and posted accounting vouchers for daily financial activities.
• Conducted monthly cash and bank reconciliations.
• Handled intercompany reconciliations and maintained client-wise payment records.
• Coordinated with auditors for finalization of annual accounts.
• Coordinated with insurance companies regarding claims and queries.

• Independently managed the accounts department — budgeting, P&L reporting, and SAMA regulatory filings — for an
operation processing SAR 5-10 million in annual premium volume.
• Reconciled client premium, receivable, and payable accounts for approximately 150-200 active policies, maintaining full
compliance with insurance regulations.
• Verified agent commission statements against insurer reports, covering commission structures ranging 5-15% across the
agent network.
• Supported month-end and year-end closing, including journal entries, accruals, and financial reconciliations.
• Analyzed branch-wise sales and premium data to ensure accurate revenue recognition and audit-trail documentation.

• Handled daily cash and bank transactions and monthly reconciliations across intercompany accounts.
• Reviewed monthly payroll additions and deductions for a 20-employee workforce, maintaining accurate salary registers in
Excel.
• Processed 2-4 payable invoices weekly and prepared daily accounting vouchers, supporting the Head Offices day-to-day
cash operations.
• Coordinated with auditors on annual financial audits and account finalization, and liaised with insurers on claims and policy
matters.