Waleed Ahmed, Senior Financial Analyst

Waleed Ahmed

Senior Financial Analyst

BATCO Telecom & IT Solutions

Location
Saudi Arabia - Riyadh - Al-Malaz
Education
Bachelor's degree, Applied Accounting
Experience
10 years, 8 Months

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Work Experience

Total years of experience :10 years, 8 Months

Senior Financial Analyst at BATCO Telecom & IT Solutions
  • Saudi Arabia - Riyadh
  • My current job since March 2017

Responsibilities
• Monthly closing and assisting Chief Accountant in preparation of financial statements and other internal reports.
• Reviewing financial entries of all core teams to ensure completeness and accuracy.
• Preparation of VAT return and handling all VAT related queries for various stakeholders to ensure compliance with VAT law as applicable in KSA.
• Facilitating and coordinating with external auditors and tax consultants by addressing audit requirements and resolving queries on timely basis to ensure release of financial statements and filing of tax returns.
Achievements
• Lead the VAT transition and implementation for Group entities which included redefining company processes, risk profiling for compliance, management meetings and aid in redesign of ERP (Microsoft GP Dynamics) system’s workflows.

Assistant Manager at Sidat Hyder Morshed Associates (Pvt) Limited
  • Pakistan - Karachi
  • May 2015 to January 2017

Responsibilities
Cadet College Sanghar
• Prepared the 2017-18 Budget amounting to Rs. 200 million PKR by conducting thorough analysis of previous budgets, financial statements and a 5 day site visit of the Cadet College.
• Reviewed budget proposals for completeness, accuracy and compliance with laws and other regulations.
• Designed an effective Budget Model and Budget Manual to the Cadet College finance department to aid in preparation of the budget for the coming years.
UNICEF Polio Eradication Program
• Prepared and disbursed the payroll of 6000 employees spread throughout the city for UNICEF Polio Eradication Program.
• Prepared management reporting on the monitoring and evaluation operations to assess performance of over 2000 employees.
• Solely designed assessment material for recruitment for each level of position of the program and facilitated in recruitment events.
Achievements
• Acquired an early and rare promotion within six months of tenure, from Associate Consultant to Assistant Manager.
• Chosen by Senior Executive Manager to design and lead the monitoring and evaluation operations of UNICEF Polio Eradication Program.
• Planned and conducted 3-day recruitment drive with a team of 20 consultants for the UNICEF Polio Eradication Program.

Internal Auditor at A.F. Ferguson & Co., Chartered Accountants (PwC Pakistan)
  • Pakistan - Karachi
  • November 2013 to May 2015

Responsibilities
Jang Group of Companies (Internal Audit Function)
• Comprehensive review of the Group’s business processes and the internal controls operating therein.
• Performed risk assessments to identify, prioritize, quantify (to the extent practical and possible) risks faced by the Group and develop Key Risk Indicators (KRIs).
• Compiled and presented reports to the management based on audit scope and findings along with recommendations.
Pakistan Suzuki Motors Company Limited (Financial Analysis Assignment)
• Analysed financial and non-financial performance of dealers through defined Key Performance Indicators (KPIs).
• Identified key business risks for each department by coordinating with management.
• Prepared management reports and financial presentations for the client to facilitate in strategic decision making.
Geo- A&B Productions (Pvt) Ltd (Cost Control Assignment)
• Comprehensive review of the Group’s business processes to analyse and collect data on cost centres.
• Study, review and reconcile variances in collected data against budgets.
• Compiled and presented reports to the management identifying cost control gaps and cost control strategies.
Achievements
• Amongst the high performers in my team and acquiring performance-based increments twice in my tenure.
• Effectively managed teams and executed internal audit reporting on procurement and revenue cycles for six consecutive quarters.

Finance Internee at Lucky Cement Ltd
  • Pakistan - Karachi
  • July 2013 to November 2013

• Recorded various payments including administration, travel, HR, legal, MIS, corporate communication, brand, raw material transport and oil manufacturing.
• Prepared cost analysis reports for the reconciliation of coal, oil and lubricant payments.
• Prepared monthly bank reconciliations of 3 bank accounts and posted all transactions to the ledgers.

Education

Bachelor's degree, Applied Accounting
  • at Oxford Brookes University
  • September 2014

First Class Hons

Master's degree, Accounting & Finance
  • at ACCA
  • June 2013

ACCA Member

High school or equivalent, Commerce
  • at The City School
  • June 2010

GCE A-Levels University of Cambridge, UK 2 A's, 1 B and 1 C

High school or equivalent, Sciences
  • at The City School
  • June 2008

GCE O-Levels University of Cambridge, UK 9 A's

Specialties & Skills

Risk Management
Compliance
Financial Analysis
Financial Reporting
Internal Audit
FINANCE
INTERNAL AUDIT
GAP ANALYSIS
FINANCIAL REPORTING
FINANCIAL ANALYSIS
INTERNAL CONTROLS

Languages

Urdu
Native Speaker
English
Expert

Memberships

ACCA
  • ACCA Member
  • November 2016

Training and Certifications

Microsoft Excel Course (Training)
Training Institute:
Filtered
Date Attended:
March 2017
Duration:
13 hours

Hobbies

  • Sports
    - Actively co-ordinate matches in Company - Member of the Gulshan Soccer Academy
  • Freelancing
    Freelance writer at CM Writers and Word Power.