Usman Saddique, Head of Accounting and Finance/Financial controller

Usman Saddique

Head of Accounting and Finance/Financial controller

Laureate Education

Location
Saudi Arabia - Riyadh
Education
High school or equivalent, Finance
Experience
20 years, 10 Months

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Work Experience

Total years of experience :20 years, 10 Months

Head of Accounting and Finance/Financial controller at Laureate Education
  • Saudi Arabia - Riyadh
  • My current job since February 2015

Key Career Achievements:
 Instrumental in reorganizing the team to perform better but with less resources and successfully increased efficiency and cut costs by approximately 20%
 Consistently undertook training of team members to ensure enhancement of their skills and capabilities
 Successfully led Speed 4 Control project for Saudi Arabia resulting in implementation of global policies and procedures which ultimately led to Listing of Laureate USA on NASDAQ


Responsibilities:
 Effectively implementing and supervising internal control systems, to ensure compliance to
accounting and reporting directives
 Proficiently carrying out on a monthly basis financial analysis - Balance Sheet
Analysis/Reconciliation, Profit and Loss, ensuring accurate month-end closing involving accurate
revenue recognition and cost booking
 Efficiently handling AR, AP and FA
 Supervising monthly, quarterly and annual Management Reporting under USGAAP and Local GAAP
 Competently managing ORACLE/ PeopleSoft related issues as well as HYPERION related issues
 Liaising with external and internal auditors
 Successfully preparing Statutory Financial Statements
 Proficiently monitoring/evaluating performance including preparation of summary reports and
highlighting deviations
 Assisting FPA in preparation of budgets and forecasts
 Monitoring bank payments and tax related matters involving WHT, Tax return, VAT return etc.
 Core member of the IFRS implementation team involving validation of existing accounting data, GAP
analysis and to validating the revised accounting treatment

Financial Controller at Trans Telecoms Company
  • Saudi Arabia
  • April 2013 to February 2015

Responsibilities:
 Assisted higher management on financial aspects of current and future business opportunities
 Competently delivered business planning, budgeting and forecasting, as well as managing cash flow
 Liaised with external auditors and efficiently prepared statutory financial statements
 Considered all financial aspects of project controlling, to ensure accurate revenue recognition and
cost recording in accordance with IFRS and Accounting directives
 Produced variance analysis under standard costing technique/EVM
 Successfully implemented and supervised internal control systems
 Efficiently handled all accounting and management reporting
 Successfully produced financial statement audits
 Carried out due diligence at all times
 Handled all internal audits and taxation obligations

Manager Accounts at OOredooo Pakistan/ Qatar telecom Pakistan
  • Pakistan - Islamabad
  • August 2009 to March 2013

Key Career Achievements:

 Successfully led and implemented Oracle & HFM within the company - both projects increased efficiency, effectiveness and provided better controls, saving at least 2 reporting days in a month
 Efficiently built an accounting department with robust accounting and reporting systems, which resulted in efficient reporting and ensured all deadlines were achieved

Audit & Assurance at KPMG & PwC
  • Pakistan
  • January 2003 to January 2009

Education

High school or equivalent, Finance
  • at The Institute of Chartered Accountants of Pakistan
  • January 2009

courses: : Qualified Chartered Accountant

Bachelor's degree, Finance
  • at University of Punjab
  • January 2005

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Specialties & Skills

Financial Reporting
Hyperion
Oracle Financials
Budgeting
ACCOUNTANCY
AP STYLE
BALANCE
BUDGETING
CLOSING
FINANCIAL ANALYSIS
FINANCIAL STATEMENTS
HYPERION
MANAGEMENT