Financial Analyst
Zamil Offshore Services Co
مجموع سنوات الخبرة :20 years, 7 أشهر
Key Deliverables:
•Consolidation of monthly Financial reports from the divisions
•Identifying financial status by comparing & analyzing actual results with plans & forecasts.
•Reporting of monthly financials with complete details to Group Head Office.
•Finalizing the yearly financial budget in coordination with the divisions.
•Forecasting financial statements as per management requirements.
•Preparation of different investment scenarios as required by the management for decision making purposes.
•Responsible for the closing of the Corporate books of accounts and G&A allocation.
•Closely working with the external auditors to finalise the yearly audit.
•Miscellaneous reporting as per Management & Head office requirement.
•Reviewing the monthly VAT & WHT(Withholding Tax) reports prepared by the division, rectifying errors and consolidation of the divisions VAT & WHT reports and preparation of additional requirements as requested by DZIT.
•Reporting of IKTVA % on a quarterly basis as per Saudi Aramco requirements.
•Perform daily cash management functions such as balance reporting, funds transfers, wire transfer payments, and stop payments
•Analyse cash position status and manage the divisions receivables aging, payables aging, accrued income, intercompany balances.
•Coordinate payments on corporate loans and agreements
•Preparation of weekly Treasury report for reporting to Head Office
•Obtaining best corporate rate for FOREX payments
•Training of new accountants and supervising their progress
Noteworthy Highlights:
•Contributes to team effort by accomplishing deadlines as required
•Direct reporting to CFO & assisting in his decision making
•Was crucial in implantation of ERP upgrade with the consultants
•Main point of contact for all the insurance policies of the company
•Handled the fixed assets module during the absence of Asset Accountant
•Billing of Invoices on a replacement basis
•Finalized the monthly payroll for the VIP / Executive payroll
with the preparation, budgeting & analysis of the following
•Income statement on a monthly basis
•Cash Flow Statement as per the requirements
•Balance Sheet on a monthly basis & analyzing all the balance sheet accounts
•Analytical reports & analysis for the group Head office
•Supervision of all accountants and their training
Noteworthy Highlights:
•Played a key role as Finance Manager during his vacation period
•Achieved monthly targets within assigned deadlines
•Was promoted & transferred to Corporate Finance Dept.
for booking all the payables invoices from suppliers - local & foreign
•Formulating cheques for local suppliers & TT for foreign suppliers as per the aging report; Concerned with the reconciliation of statement of accounts from suppliers
•Booking the receivable invoices and also entering receipts from customers
•Booking all the pay details of employees received from HR while making their payment
•Liable for making Payment Authorizations for all claims related to petty cash
•Performing Bank Reconciliation on a daily basis
•Scrutinizing the payroll received from HR at month end and making the cheque for the cashier
•Guiding and mentoring joining accountants
Noteworthy Highlights:
•Played a key role as Chief Accountant during his vacation period
inquiries relating to equities originated by the IMLG on behalf of the clients
•Generating& analyzing different kinds of reports for highly sensitive clients
Dammam, K.S.A with 86 % •X from International Indian School, Dammam, K.S.A with 81 %
with 73 %