Post Job Free
Sign in

Chief Accountant Reporting Manager

Location:
Dammam, Eastern, Saudi Arabia
Salary:
20000
Posted:
April 13, 2024

Contact this candidate

Resume:

M. VUSAT ULLAH KHAN

ad4zit@r.postjobfree.com linkedin.com/in/vusat-khan-11ab8876

+966-**-***-****

+966-**-***-****

CAREER OBJECTIVE:

“A very passionate and hardworking professional dare to accept new challenges and opportunities where I could learn and enhance my skills and expertise by delivering to the expectations of all stakeholders. Having an experience of more than 7 years in Auditing, Accounting and Finance at different positions. I am very keen to learn new things, skills & expertise to implement on workplace to fulfill the expectations of stakeholders and deliver it to my peers.” PROFESSIONAL EXPERIENCE:

Saudi Call Trading Company (December 2021 to date) Chief Accountant

• Working as a chief Accountant and involved in overall supervision of finance function under the supervision of FM, Group Planning & Reporting manager and CFO of the company.

• Responsible for the preparation of monthly, quarterly, and annual analysis of consolidated and standalone financial statements, including balance sheets, income statements, and cash flow statements. Ensuring accuracy, compliance with measurement, and disclosure requirements of International Financial Reporting Standards (IFRS) & GAAP (SOCPA) accounting standards and timely reporting to internal and external stakeholders.

• Involved in the preparation of monthly management reports (FP & A) financial planning & analysis to present with Group Planning & Reporting manager, CFO, and Board.

• Involved and closely monitoring the whole budget process to not exceed the set budget limits and in case of exceed a proper investigation is set and then informing to higher management, also involved and providing technical assistance to the team regarding accounting and budgeting and procedures, implementation of new practices and procedures, and efficient control and utilization of financial resources.

• Involved in monthly closing of different accounts i.e., Sales, EOSB provision, annual leave provision, air ticket provision, lease transactions and ensures that all financial transactions are recorded accurately, and proper records are maintained in order to conform to statutory and reporting requirements.

• Actively participated for inventory process to manage the inventory effectively and involved with internal & external auditors to conduct the annual stock count. Also revised whole inventory process by implementing different controls to manage the inventory effectively.

• Involved with technical team to closely monitor the JCC documents and to record the revenue as per IFRS 15 for a contracting setup company.

• Perform detailed review of the progress reports of the project status, the actual versus planned progress and costs, variations, claims and disputes, non–conformance to contract specifications, and safety issues.

• Working with the internal audit department to improve the finance and operating processes more effective by identifying risk, assessing risk severity and drafting necessary internal controls to mitigate the risk.

• Review, Approve the Posting of journal entries and assist the other team members for making journal entries and posting in the SAP.

• Responsible for the GL’s reconciliation and taking the necessary actions to record the correct accounting transactions.

• Involved in preparing quarterly VAT & Zakat returns and to submit with GAZT.

• Involved in Debtor’s/ creditor’s management identifies appropriate credit policy and is responsible to monitor the adherence to the organization’s credit policy.

• Involved with external auditors to finalize the interim & annual audits. Also involved with local content assignments with local content auditors.

International Kingdom of Saudi Arabia (December 2017 to December 2021) Senior Auditor

• Worked as a Senior Auditor and involved in various assignments including statutory audits, internal audits and agreed upon procedures in various sectors.

• The key responsibilities included the planning, execution and deliverables of an assurance engagement.

• Compile & implement the annual Internal Audit plan for group entities in different sectors.

• Advise on best audit and business practices, maintain an awareness of audit trends and best practices.

• Develop, implement and maintain internal audit policies and procedures in accordance with local and international best practice.

• Work with management to develop acceptable solutions to address issues or gaps identified and follow-up with management to ensure remediation is implemented.

• Conducting strategic risk assessment, defining audit universe, drafting annual audit plan, manage Internal Audit engagements related to Financial and Operational audit processes.

• Participate in increasing corporate awareness of risk culture and control environment by holding auditing and risk assurance workshops, sending awareness messages to concerned parties and presenting internal audit accomplishments to enhance Internal Audit image of clients.

• Designed and conducted Controls testing according to client business and industry.

• Risk assessment and understanding of internal control system and evaluation of its effectiveness and efficiency.

• Designed and performed substantiative audit procedures and test of control as per the identified risk of the client.

• Involved in the preparation of management letters, draft reports, and preparation of routine client correspondence.

• Follow the progress of the engagement, aid in clearing points, and resolve auditing problems.

• Coordinate and expedite for the review of files by the Audit Manager, Audit partner.

• Document audit working paper and other records both electronic or hardcopies gathered during the course of audit against laid down criteria and standard audit procedures.

• Have hands on working experience to operate ERP’s SAP, Oracle, JDE and different accounting software’s.

• Supervising audit juniors assigned to engagements, providing guidance and overall review of the engagement.

• Also developed a very good relationship with the client, which helped to retained the clients with the firm. Client portfolio:

Sharq Al- Qamar East for Construction & Maintenance. (Saudi Arabia) (January 2017 to December 2017) Finance and Admin officer

• Worked with the finance and operation team for designing and implementation of internal control system for both operations and financial reporting of the company.

• Worked on working capital requirements and cash flow management.

• Also involved in preparing and reporting the financial analysis to the higher management.

• Worked for receivables/ payables aging analysis and responsible for the collection and updating the report on monthly basis.

• Involved with the team for reconciliation of different accounts.

• Also involved with feasibility and cost benefit analysis reports for new projects.

• Also involved with business development activities and maintained a strong relationship with different clients in the market.

• Responsible for the overall supervision of administration related activities and to reporting to the General Manager.

• Review and follow up the Bank reconciliation statement and submit regular report to FM.

• Provide professional advice and support to all other units and departments on the full range of financial and financial performance issues to ensure decisions are taken with awareness of financial implications. Zarai Taraqiate Bank Limited Head office Islamabad (April 2016 to September 2016) ACCA Internee

• Worked for fixed assets management, it’s reconciliation for opening and closing balances.

• Reporting of physical condition of Fixed Assets with physical stock report.

• Responsible for preparing the reports for each class of assets regarding their allocated budget, actual spending.

• Worked on reconciliation of different general ledgers (GL’s) in Insurance department.

• Involved with budgeting and forecasting of different projects relating to fixed Assets. PROFESSIONAL & TECHNICAL SKILLS

Technical skills Management skills IT Skills

-Assurance services and ISA’s

-Financial statements & IFRS

- FP & A

-Consolidation

-Internal and Forensic Audits

-Budgeting and forecasts

-BDO audit training skills for different

financial statement Areas (FSA’s)

-Team player in multicultural

environment.

-Proactive problem-solving attitude

-Able to work in pressure and with

tight deadlines

-Strategic & Critical thinker

-Good presentation and interpersonal

skills

-Microsoft Office Suit (Excel,

Word Outlook, power point).

-Auditing tools

BDO (Audit process tool)

PROFESSIONAL & ACADAMIC QULAFICATION:

Degree/Certificate Institute/College

ACCA(Member) Association of Chartered Certified Accountant (UK) Bachelor in Applied Accounting (BSc. Hons.)- graduation Oxford Brooks University (UK) Bachelor of Commerce (B. Com)- graduation University of the Punjab Pakistan Business Analytics Certificate Columbia Business School (USA) PERSONAL INFORMATION

Linguistic proficiency: English (proficient in speaking &writing), Urdu (fluent in speaking & writing) Arabic(basic)

Iqama: Transferable (Technical Accountant)

Date of birth, Nationality: 17th February 1990, Pakistani

Interest’s: Hiking, travelling, Marathon, playing badminton, volley ball, Cricket & social work.



Contact this candidate