عثمان بدر

Handling overall process of Accounting and Finance department, Revenue Recognition and Inter Company related Invoices.
• Lead cost control and project budgeting, monitoring expenses to ensure adherence to budgetary constraints.
• Developed the ‘Invoice and Collection Tracker’ to age receivables, notify clients of due amounts, and
streamline the collection process.
• Oversaw billing activities, ensuring accurate and timely invoicing based on project milestones.
• Conducted performance monitoring, analyzing project KPIs to identify deviations and align progress with objectives.
• Assisted in risk management by identifying financial and scheduling risks and developing mitigation strategies.
• Managed change control processes, ensuring scope or budget changes were documented, approved, and communicated.
• Delivered detailed progress reports to stakeholders, covering costs, scheduling, and overall project performance.
Collaborated with internal and external auditors, ensuring compliance and accurate reporting for large-scale projects.
• Fixed assets management and its accounting.
• Lead Payroll operations for all employees of KSA with proper analysis and variance as per payroll changes.
• Review Financial Reports, Such as Income statement, Balance Sheet and Trial Balance.
• Ensure VAT is reported on timely manner to avoid governmental fines.
• Monthly Closing of Financial calendar, GL reconciliation and clearing of pending balances under accrual.

Responsible for all daily Accounting and Financial transactions review and postings by managing the finance team.

Supervise the team of Depot and ensure the timely submission of reports.

Sound knowledge of Financial statement and analysis, Petty Cash, AP/AR, Fixed Assets
 Analysis of P&F for profitability ratio and Variances between Actual and Budgeted Cost.
 Discuss with Sales Team to increase profitability Ratio.
 Analysis & Commentary on Overhead Variances for Management Review.
 Receivable and Payables
 Responsible for Debtors payment collection.
 Ageing analysis of Receivable accounts in order to ensure customer not exceeding from Credit limit.
 To ensure that Customer is not getting overdue need to follow up with sales team with overdue analysis report.
 Review &Updation of MCL (Minimum Credit Limit) for credit Customers.
 Prepare Debtors Reconciliations of Credit customers based on verification working &
 Allocation of receipt in system against invoices for proper monitoring of Collections as per agreed credit term.
 Making Debit & Credit Notes or Manual RV for payment received.
 Timely process for the Accounts Payables along with proper documentation and Approvals.
 Petty Cash
 Initiate expenses from Petty Cash system to take managers approvals along with proper documents.
 Verify Expenses reimbursement with supporting documents and as per policy and procedure.
 Verify Vendor Invoices, Posting of Expenses to correct GL Code.
 Draw Downs of Money for the proper flow of Cash, Closing of Petty Cash batches on use of 20 % petty cash limit fund.
 Analysis of Projected Expenses and preparation of Accrual Schedule on monthly basis.
 Cash & Bank
 Daily verification of Sales Cash collected by Cashier and document review.
 Need to ensure Sales Cash is deposited in Bank on daily basis.
 Prepare Bank Reconciliation statement at every week End.
 Fixed Assets / Inventory.
 Inventory Management with proper documentation and approvals and Verify stock counting on monthly and weekly basis as per policy.
 Verification of Fixed Assets, Documentation, and approvals as per Cycle Counts.
 Update FA register on timely basis to ensure Assets are updated in SAP and make proposal for RDTFAs (Scrap or Sale).

COMPANY NAME: Iantex industries
EXPERIENCE AREA Accounts, Administration.
POSITION HELD: Accountant /MR
SERVED FROM: 01-11-2006 TO 10-9-2013
MAJOR RESPONSIBILITIES AS ACCOUNTANT: (E-Accounting System)

§ Cash flow projections/ Cash Budgeting
§ Responsible to handle banking Operations.
§ Making of Financial Reports. (Monthly or Yearly Basis)
§ Maintaining Aging of Payables & disbursement of approved payables
§ Maintaining Accounts Receivable & follow up with foreign buyers for release of payment
§ Capital Budget Planning.
§ Capital Structure Planning
§ Submission of monthly Sales Tax Return
§ Follow up with Bank for R&D Payments and Draw Back Claims.
§ Monitoring Inventory to ensure timely shipment
§ Correspondence with customers for Purchase Orders & release of matured payments.
§ To maintain the bank balance with the help of Bank Reconciliation
§ Weekly Payment of Machine Labors.
§ Issuance of Purchase orders to vendors.

MAJOR RESPONSIBILITIES AS MANAGEMENT REPRESENTATIVE.

§ Risk Assessment, monitoring and controlling.
§Resource Management and Planning.
§Attend Corporate Meeting.
§Correspondence with buyer for all the business related issues and solutions.
§ Making shipment plans.
§ Handle of government audits, dealing with government personals.
§Implement policies and procedures.
§Operating the department in Compliance with ethical practices and applicable laws and regulations.
§Handle audits of Compliance, Security and Quality.

WORK EXPERIENCE 2

COMPANY NAME: Iantex industries
EXPERIENCE AREA Computer (IT)
POSITION HELD: Asst. Accountant
SERVED FROM: 01-03-2006 TO 30-10-2006
MAJOR RESPONSIBILITIES: Responsible for the company audits like C-TPAT, ISO, and Compliance and recording of daily accounting transactions.
WORK EXPERIENCE 3.