Manager Assistant

Syed Owais Ali

Moleffin Steet, Al-Aziziah, Jeddah.

***************@*****.***

Mobile: ++966-*********, 054*******

Career Objective

A highly motivated and result oriented Finance Professional who has over 16 years of invaluable experience in the field of Finance and Accounting, having ability to handle complex assignments effectively & possessing to work as a part of team or independently. I am presently looking forward for a suitable opportunity Position with a forward-thinking company where I can excel, achieve & deliver my potential to the highest echelon of business management.

Key Skills

Good Knowledge of IAS & IFRS.

Cashflow Control

Management Accounts.

Financial Reporting

Budget Preparation and Managing Budget.

Financial Forecasting and Predicting Trends.

Interpreting Financial Data.

Oral, written interpersonal & Communication Skills.

Strategic thinking.

Commercial Acumen.

Good IT Knowledge

Presentation Skills

Analytical Ability.

Academic Qualifications

Finalist (ACCA, UK) Association of Chartered Certified Accountants

Diploma in Computer Science NCR Education Center

Bachelor of Commerce University of Karachi

Intermediate of Commerce S.M. College of commerce-Karachi

Matriculation Karachi Public School

Career Progression

Assistant Manager Finance Feb 2015 till date

Al-Futtaim Engineering & Technologies -KSA (Subsidiary of Al-Futtaim Group UAE)

Deputy Manager Finance Dec 2007 – Dec 2014

Al-Futtaim Pakistan (Pvt.) Ltd (Subsidiary of Al-Futtaim Group UAE)

Senior Accountant Apr 2004 – Nov 2007

Meinhardt Pakistan (Pvt) Ltd (Subsidiary of Meinhardt Singapore)

Audit Senior Apr 2003 – Mar 2004

Mansha Mohsin Dossani Khan & Company (Chartered Accountants)

Professional Experience

Al-Futtaim Engineering & Technologies (Feb 2015 till date)

Assistant Manager – Finance & Commercial,

Due to my proven track record I was transferred to Technology Division of Al-Futtaim Group in Saudi Arabia after working for 7 years in Pakistan.

Monthly trial balance review and monitoring.

Monthly book closure and preparation of MIS Pack includes P&L, BS and CF.

Review of monthly revenue recognition to avoid any leakage.

Review Balance sheet schedules from Shared services Finance for the controls on Balance sheet items.

Monthly, Quarterly and Annual SAP BI and BPC Uploads of Stock Ageing, AR Ageing, Cashflow Forecast, PL & BS.

Developed budgets, Strategic plans, cash flow projections, monthly, quarterly and annual reports.

Analyzed financial statements against forecasts to prepare high-level variance analysis.

Assessed budget plans and present costs to forecast trends and recommend changes.

Monthly upload of VAT Return and assist Financial Controller to resolve queries of Gazit Saudi

Review of detailed project cost and Estimates.

Order book and Jobs in Pipeline.

Business Review Meeting Presentation and Workings.

Intercompany dealing with Accounts Receivables & Payables.

Submitting of overdue invoices and contacted Sales Team to determine when payments would be received.

Audit Coordination Internal / External.

Arrangement of bank guarantees for customers to participate in the Tender Bid and arrange letter of credit for vendors against the material Procurement.

Coordinate with the Foreign vendors for the handing over shipment to our Freight forwarder.

Once shipment arrive in KSA apply for the CITC, SABER approval and follow up with the clearing agent to speed up the clearance process,

Improved overall financial reporting by streamlining control processes and reporting structures.

Executed core financial processes, including vendor setup and payment, operational expenses, administration of bank accounts and account reconciliations.

Complied with established internal controls and policies.

Used SAP to prepare monthly reconciliation of bank accounts and take corrective actions on deviations.

During my tenure of more than 5.5 years in Saudi Arabia I have been involved in following projects budget planning and insights to provide Financial advice that supports the executive team to make the best business decisions for the company.

Jabal Omar Phase 3-Makkah

Jabal Omar Phase 4-Makkah

King Salman Hospital - Riyadh

Al-Iman Hospital - Riyadh

Golden Tower Project – Jeddah

MOH Jeddah Hospital - Jeddah

Al-Futtaim Pakistan (Pvt) Ltd (Feb 2015 till date)

Deputy Manager – Finance,

Management Reporting

Prepare Management Accounts along with the Supporting Schedules.

Prepare on monthly basis department wise & Region wise P&L.

Prepare Weekly Basis Sales & Gross Margin Report -Sales Person wise & Region wise

Prepare Weekly Basis Invoicing and Collection Report

Prepare Business Review Meeting Pack on monthly basis, which includes Analysis of Financial Statements

Prepare monthly Snapshot of Financial Results and commentary of key Financial Statement Ratios

Supervise the invoicing function of AMC, Expansion and new sales projects.

Supervise the preparation of monthly Payroll.

Annual Audit

Prepare Draft Financial Statements for Auditors as per Companies Ordinance.

Prepare Balance Sheet & Income Statements Schedules for Auditors.

Resolve all queries of Auditors related to Financial, Legal and Taxation Compliances.

Income Tax & Sales Tax

Calculate income tax of each employee for HR department.

Prepare and submit online monthly Withholding Tax returns of Employees, Suppliers & Others.

Prepare and Submit Online Quarterly Sales tax return

Prepare Annual Income Tax Return.

Treasury Function

Prepare Bank Balance report on daily basis.

Prepare Cashflow report on weekly basis.

Before payment to suppliers ensures that the milestones of Completion /deliverables, Notices and other documents required for payment meets contractual Obligation.

Verify Bank Reconciliation statement.

Prepare Collection Plan and Cashflow forecast report.

Meinhardt Pakistan (Pvt) Ltd (April 04 to Nov’07.)

Assistant Manager Accounts

Ensure proper maintenance of books of Accounts

Check all Journals & other payment vouchers.

Monitor daily postings in Accounts Pro Software.

Monitor time sheets and Project Data sheets in JC 2000 software.

Prepare monthly Job costing report for Financial Controller in Singapore Office.

Prepare monthly Profitability Statement of ongoing projects.

Prepare Key Performance Indicator Report at the end of every month.

Prepare Annual Accounts with Supporting Schedules.

Prepare Quarterly budget of operating expenses.

Prepare Draft Financial Statements for Auditors as per Companies Ordinance.

Dealing with leasing companies for the leasing of Cars and other Equipment’s.

Liaison with Banks, Legal Advisors and Auditors.

Prepare reports as per the specific request of Directors.

Prepare and Submit within prescribed time period-monthly, quarterly & yearly Income Tax & SECP Returns and Challan.

Prepare Minutes of Meetings & Resolution of BOD.

MANSHA MOHSIN DOSSANI KHAN & CO

Chartered Accountants (April 2003 to Mar’2004)

Audit Senior

Involve in External Audit of Following Clients:

ADAMJEE Diesel Engineering Pakistan (Pvt) Ltd.

SANTE (Private) Limited

SANTE distribution (Private) LTD

Internal Audit

Prepare a report on material weaknesses observed in internal control systems and give suggestions to overcome those weaknesses of following client:

NDS Technologies.s

NDS Computer.

NDS Power.

Have Working Experience on following ERP and other Software’s

SAP 740 Final Release.

SAP BI & SAP BPC for online uploads.

Quick Books (GL Module).

AWA Software. (GL Module)

MS Office.

MS PowerPoint.

Oracle Accounting Software (GL Module

Accounts Pro.

JC 2000

PERSONAL DATA

Father’s name

:

Syed Jaffer Ali

Date of Birth

:

30thNov’1980

Place of Birth

:

Karachi

Marital Status

:

Married

References

:

Available on request.

Contact this candidate