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Financial Accounting Manager

Jeddah, Makkah, Saudi Arabia
July 07, 2020

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(Accounts & Audit Professional)

Contact Details:


Cell #+966-0590064183

Jeddah, Saudi Arabia

Career Objective

My aspiration in life is to continue to get professional experience, learning and growth by working in an organization with professional working environment towards my career path.

Profile Summary

A goal-oriented qualified professional holding Membership of ACCA with 10+ Years of experience in Accounting, Finance Budgeting, Financial Reporting & Analysis, Tax, Internal and External Audit Compliance and Corporate affairs.

Professional Experience

Accounting Manager (Jun 2019 - Present)

Rolaco Trading & Contracting Holding

Job Description:

Preparation of monthly financial statements i.e. Profit & loss and Balance sheet in accordance with the International Financial Reporting Standards and SCOPA.

Calculation of input, output vat and preparation of vat report to submit vat authority.

Provides Calculation and Zakat payable to Tax Consultants for release letters from DZIT in relation to government deals.

Approves the delivery of all the Prime Products (Cranes, Forklifts, Trucks and Buses etc.) after verifying the contracts.

Checking and posting of prime product deliver orders and invoices after due care.

Posting of all the GL vouchers and payment vouchers from all over the Kingdom.

Preparation of Forex Transactions and Forward Rate Deals and there reconciliations.

Ensuring that all the expenses for the period are considered and recorded.

Monitoring of all bank Loan transactions are for the month are recorded and reconcile.

Maintenance of Fixed assets vouchers, runs monthly depreciation and their accuracy of allocation.

Coordinating with internal audit function and external auditors to conduct audit procedures smoothly and timely.

Reconciliation for Banks, Payables, Receivables, SRVs and products, Accruals, and prepayments.

Follow up the Accounts Receivable & Payable, reconcile & arrange their settlements in

Quarterly stock taking & quantitative reconciliations of stock Finalization of stock valuation.

Correspond with External Auditors for the Division in relation to annual Audit (end to end audit).

Other responsibility:

Assisting Group CFO in the absence of Group Head of Accounting.

Assisting Group Head of Accounting in other companies on monthly closing, Zakat and External Audit for the Group.

Assisting Business Controller in day to day operations in relation to Accounting and Finance.

Training of new accounting staff who joins the Group.

Assisted IT in the implementation of new ERP system for Division.

Senior Accountant (May 2016 – June 19)

Mattex Geosynthetics, (Al Rajhi Holding Group) Jubail, KSA.

Job Description:

Follow up the Accounts Receivable & Payable, reconcile & arrange their settlements in

Prepares asset, liability, and capital account entries by compiling and analyzing account information.

Documents financial transactions by entering account information.

Assisting the manager to obtain financial data from several sources such as expenses incurred in the month, day

Preparation of Daily, Weekly & monthly Bank Positions.

Forecasting cash payments and keeping liaison with bankers regarding different financing arrangements and other banking transactions.

Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.

Maintaining and transferring money between bank accounts as required.

Coordinating with internal audit function and external auditors to conduct audit procedures smoothly and timely.

Overseeing financial transactions with Contractors and vendors, and resolving any related financial issues and making sure all required documents are accurate and timely.

Ensuring that all tax and other regulatory and statutory requirements are met with as per law.

Maintaining accurate records of financial activities and ensuring that the project abides by established budgets.

Reconciles financial discrepancies by collecting and analyzing account information.

Analyzing the general ledger and ensuring all adjustments are clearly presented.

Accounts Officer (March 2015 - March 2016)

Gourmet Food, Pakistan

Accounts Officer (Feb 2013 - Feb 2014)

Ahmed Hassan Textile Mills, Pakistan

Job Description:

Follow up the Accounts Receivable & Payable, reconcile & arrange their settlements in consultation with relevant department, individuals and organizations.

Processing of all invoices of Accounts Payable.

Documents financial transactions by entering account information.

Substantiates financial transactions by auditing documents.

Maintains customer confidence and protects operations by keeping financial information confidential.

Preparation of monthly/quarterly/annually Financial Statements. (Actual and Projected)

Contributes to team effort by accomplishing related results as needed.

Keep up with financial policies, regulation and legislation

Conduct month-end and year-end close process

Monitor expenditures, analyze revenues and determine budget variances and report the same to management.

Coordinate with finance team to complete assigned accounting tasks within deadlines.

Assist in budget preparation and expense management activities for assigned accounts.

Audit Senior (March 2014 – Feb 2015)

Tariq Ayub Anwar & Co (Chartered Accountant). Lahore a Member firm of Clarkson Hyde International Group (CH International)

Audit Senior (Feb 2010 – Feb 2013)

Ashiq Aamer Sattar & Co (Chartered Accountant). Pakistan

Job Description:

Ensuring that the financial statements prepared by the client are in accordance with the International Financial Reporting Standards (IFRS) and all applicable local laws and regulations.

Finalization/preparation of financial statements and resolution of key accounting, reporting & auditing issues;

Planning, review and supervision of the statutory financial audits of manufacturing concerns, social sector, banks, NGO,

Extensive application of the International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISAs) on financial statements and statutory audits

Extensive application of the International Standards of Auditing (ISAs) on assurance/audit engagements.

Liaison at various levels of client management to maintain and manage cooperative relationships

Draft Audit programs and perform tests of control accordingly.

Independent Inventory Valuation & Reconciliation (Quantitative).

Independent Preparation of Material Reconciliation and Variance Analysis.

Identify key risks in the processes.

Identify the existing control over the process and suggested possible control in case of gap.

Review policies and procedural manual and identify the gaps between current practice and policies and procedural manual.

Use of Internal Audit pack of Audit System/2 for evaluation of client and risk assessment of project to internal audit report building.

Compiling, coding, categorizing, calculating, tabulating or verifying information or data.

Drafting internal audit reports.

Conducting physical stock counts on periodic basis

Clients I have done:

PEPSI, Gujranwala, Pakistan

Lahore Gymkhana and Golf Club

Ghousia Ghee Banaspati

C.A Textile Mills Limited

Malik & Co. Multan, Pakistan

Ivars School

SOS School, Village & Youth

Qadri Brothers

Rai Cotton Factory and Cold Storages

Muridke Refine Oil Mills & Khayban Ghee Banaspati


Certificate /Degree Institute / College Year

ACCA, Member 1423991 Professional Academy of Commerce, Lahore 2014

M.Com, Master of Commerce Higher Education Commission of Pakistan 2015

B.Com, Bachelor of Commerce Baha Uddin Zakariya University, Pakistan 2006

IT Skills

Microsoft Dynamics

ERP Oracle

MS Office (Word, excel, power point & outlook)

Operating Systems (Windows different versions)

Internet Browsing

Language Skills

Urdu Native English Native Fluent

Arabic Intermediate Punjabi Native

Personal Data

Date of Birth: March 3, 1987

Nationality: Pakistani

Iqamma #: 241-***-**** (Transferable)

Valid Driving License: Saudi Arabia

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