SAJID AHMED SHAIKH

Cell: +966-*********

AQS Pepsi camp, King Fahad Road,

Khamis Mushayet -Abha, Kingdom of Saudi Arabia.

Email: adv2hc@r.postjobfree.com

PROFESSIONAL SUMMARY

Strategic and analytical Account professional over 14 years of success in Accounting, Audit, and financial reporting. Consistently meet deadlines, resolve discrepancies, and troubleshoot. Specialized in Accounts Payable, Fixed Assets, Financial & Management Reporting, Analysis, and reconciliation.

OBJECTIVES

To pursue a challenging career in a highly growth-oriented organization where my qualification and skills are utilized to its maximum extent for organization and self-growth.

KEY SKILLS

1. Accounting, Audit & Reconciliation 2. COGNOS Reporting

3. Ability to handle pressure to meet Deadlines 4. Quick learner with strong Organizational Skill

5. Fixed Assets Management 6. Financial & Management Reporting

7. Critical thinking and effective decision making 8. Proficiency in Excel & Knowledge of MACRO

ACCOMPLISHMENT

SAP S4 HANA implementation & Launching team member. Successfully established AP, GL & FA module in SAP.

Introduced Tagging system for Fixed Assets, and independently tagged overall 11,500 assets across the organization.

Successfully Data migration from Oracle R11i to Oracle R12 version.

Creation of Macros to reduce manual intervention from process and provide error free work.

Pimco External Recon Process Migration from Mumbai to Pune office.

Implementation of TLM (Transaction Lifecycle Management) application to change the platform of Funds from Excel to TLM.

Oracle implementation team member.

EDUCATION

University of Mumbai

Bachelor of Commerce (B.COM) Specialization in ACCOUNTING, First Class in the year of 2008.

Higher School (Faculty Commerce), First Class in the year of 2005.

Secondary School, First Class in the year of 2003.

SYSTEM KNOWLEDGE

ERP: SAP S/4 HANA, IBM COGNOS, Oracle version R12, Tally 9, ITAC sales system,

PLM (Product Lifecycle Management), TLM (Transaction Lifecycle Management), BBG (Bloomberg)

Basic of Visual Basic and MS Office (Good in Excel)

OPERATING SYSTEMS: Windows, Linux, DOS

WORK HISTORY

AQS PEPSI PVT. LTD. April 2013 to Present

(Pepsi Cola Beverage Industry – Saudi Arabia)

ACCOUNTS PAYABLE & FIXED ASSETS ANALYST - October 2019 to Present

Finalize month end and year end closing and do necessary adjustment and Post journal entries in GL to record cost allocation or adjustments in the financial system.

Summarizing Excise TAX, Input & Output VAT and Zakat payments through ZATCA system of Saudi Arabia.

Prepare Accrual setup and Amortization of Prepayment on monthly basis.

Administering payrolls, Advances, MOI SADDAD payments & HR accounting.

Establish tables of accounts and assign entries to proper accounts.

Plan, assign and review staff's work and guide them as and when required.

Monitor accounts aging to ensure payments are up to date and track expenses and process expense reports.

Monitor and report monthly CAPEX to department heads.

Administer the fixed asset function including developing and monitoring appropriate internal controls and procedures.

Generate and Assign tag numbers to various fixed assets of the company.

Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed.

Track company expenditures for fixed assets in comparison to the capital budget and management authorizations.

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

Prepare, examine, and analyze accounting records, financial statements, cash flow and other financial reports.

Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses.

Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.

Reconciles financial discrepancies by collecting and analyzing account information.

Prepare Balance Confirmation report for Audit purpose and getting approval from Supplier.

Prepare audit schedules related to fixed assets and assist auditors with fixed asset inquiries.

Conduct periodic physical counts of fixed assets.

Ensure proper recording of company’s Fixed Assets Addition, Depreciation, Capitalization, and retirements in line with IFRS standard.

Assist departments during preparation of company’s annual budget.

Prepare financial reports by collecting and analyzing account information and summarize expense reports with Actual vs. Budget.

Handle and Reconcile Inventory, Accrual, Trial Balance, and General Ledger.

GENERAL ACCOUNTANT – July 2016 to September 2019

Prepare invoice batches and inputs in the accounts payable module of the financial system daily to ensure payments are processed in time for the weekly and monthly deadlines.

Responds to inquiries from suppliers, consultants, and clients regarding the status of their payments.

Reconcile vendor statements, research, and make corrections of discrepancies.

Closely work with the procurement team to ensure the Deliveries and Payment process is within the procedure.

Assist with month end closing and do necessary adjustment and Post journal entries in GL / TB to record cost allocation or adjustments in the financial system.

Observe the physical inventory count and prepare Audit schedule for yearend Audit.

Keeping an eye on receipts from accounts receivable & payments from accounts payable.

BRANCH ACCOUNTANT – April 2013 to June 2016

Finalizing daily reports such as Daily collection and remittance report from cashier, Daily stock and inventory report from storekeeper, Daily loadout, and load in reports from gate checker.

Handle all government and ministry related expenses for warehouse.

Controlling petty cash and other business expenses and financial activities to avoid over budgeting. Often trying to reduce expenses as and when requires.

Examining bank statements and reconciling them with general ledger entries.

Do market audit frequently to check the credit allocation to the customer is accurate.

Create and maintain provision for Debtors.

Closely monitoring budget for condemnable products and leakages both from warehouse and market returned.

Maintaining all salesman credit facility (collection, allocation, and utilization of salesmen credit)

Prepare JV for CDA rebates after calculation of FOC invoices.

Disbursement of petty cash expense and control them on every stage by inspection and proper approvals.

STATE STREET SYNTEL SERVICES PVT. LTD. June 2010 to Mar 2013

(Banking and Financial Services MNC - Mumbai)

ACCOUNTING ASSOCIATE

Reconciliation of Funds of Investment manager and Custodian Banks. Reconciliation involves cash, Assets and Accruals.

Reconciling Net Asset Value of the fund with account details provided by Bank.

Reconciliation of Fund books with Bank books and Broker Cash.

Communication with client & custodians on various issues, deliverables & improvement of process.

Cash reconciliation is done on daily basis to know the position of the cash balance at the end of the day and to reverse the position if any account is overdrawn.

Prelim Reconciliation is performed as per the Investment Managers requirements and on the preliminary or unaudited data provided by the custodians to the Investment Managers for some audits purpose.

Performing Monthly Reconciliation including recons of asset accruals and month ending cash balance and Net asset Value for month on the audited and final data, Analyze and compare the Net assets Value on an Analysis Tab.

Preparing the Cash Balances report which is provided to client daily.

Day-to-Day Analysis of MIS Reports.

Creating and maintaining reports in Excel that allows the company to get information on daily business activities.

Design reporting formats to provide accurate information in a clear and concise manner.

Ad Hoc data collection, analysis, and reporting as required. (i. e. Data/ Field Formatting, Data Storage, and report Generation.)

Preparation of monthly Performance Status Reports to Senior Management.

Solve the ad-hoc requirement of Management related to organizational information for critical decision making.

Generate, maintain, analyze & present daily/ weekly/ monthly and Client Service reports.

HILTON TAILORING & TEXTILE Co. W.L.L. Jan 2009 to Dec 2009

(Textile Firm – Bahrain)

ACCOUNTANT

Keeping of accounting records on Daily basis.

Preparation of Daily Sales report, Cash report, Invoices and Vouchers (Receipts and Payments)

Prepare Staff Salary, Petty Cash and Expense reports

Physical Stock taking for Inventory and prepare store consumption report.

Make Purchase Orders for Supplier

Coordinate with Supplier and solve their payments related queries.

Reconciliation of accounts and Bank Statement

LAXMIKANT KABRA & Co. Apr 2008 to Dec 2008

(Charted Accountant Firm - Mumbai)

ACCOUNT ASISSTANT

Scrutiny of ledger accounting.

Internal Audit and Stock taking.

Computation of Total Income and filing of IT Returns, Sales Tax and Excise Duty.

Reconciliation of Bank Statement and verification of Documents.

Resolve client queries related to Income Tax.

PERSONAL INFO

Date of Birth : 1st October 1987

Passport Number : S 3831110

Marital status : Married.

Nationality : Indian.

Religion : Islam

Languages Known : English, Arabic, Urdu, Hindi, and Marathi.

I hereby declare that the above information provided by me is true to the best of my knowledge.

Date:

Place: (Sajid A Shaikh)

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