Faisal Nasim

Accounting & Finance Professional

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

adxf49@r.postjobfree.com

Jeddah, Kingdom of Saudi Arabia (KSA)

PROFILE

Highly accomplished, results oriented professional with over 9 years of experience in Accounting, Financial Analysis & Systems, and Audit across various industry vertical. Having extensive hands on experience in sectors like trading, construction, yacht mgt, real estate (11 West & 67 Estate) sports

(BIT & Core), entertainment (Benchmark) & manufacturing. Possessing skills in financial planning and reporting, financial analytics, and audit support. I am eager to apply my expertise in financial reporting and analysis to ensure the preparation of accurate and dependable statutory and management reports.

CAREER SNAPSHOT

Senior Financial Analyst (Acting Finance Manager)

Company: Kun Investment Holding (Dallah Al Barakah Group) Tenure: February 2020 to Present

Senior Associate (Audit & Accounting Consultancy)

Company: Deloitte & Touché (M.E)

Tenure: March 2018 February 2020

Financial Accountant (Reporting directly to FC)

Company: Batterjee Group of Companies

Tenure: December 2014 February 2018

Accounting Intern

Company: Sofitel Hotel (Accor Group)

Tenure: June 2011 to August 2012

QUALIFICATIONS

ACCA (Member)

Institute: Association of Chartered Certified Accountants Certified Accounting Technician (CAT)

Institute: Association of Chartered Certified Accountants Bachelor’s Degree in commerce (B. Com)

Institute: University of Punjab, Pakistan

BSC in Applied Accounting

Institute: Oxford Brookes University, UK

SOCPA (Member)

Institute: Saudi Organization for Certified Public Accountants EXPERTISE

Group Consolidation

Financial Analysis & Reporting

Financial Modeling

IFRS/IAS & GAAP

Cash Flow Forecasting

Working Capital Management

Accounting Operations Mgt

Strategic Planning Analysis

Budgeting & Forecasting

Business Processes & Policies

Accounting Software Implementation

Product Costing

Risk Mitigation & Controls

Process Enhancements

SOP Manual & Policy Guidelines

Regulatory & Statutory Compliance

Cost & Resource Optimization

IT FORTE

Oracle & SAP

Quick Books, Sage & Tally

Odoo & Xero

Addepar (Investment)

TRAININGS/ WORKSHOPS

IFRS Training

Information System Security & Controls

Training on Anti Money Laundering

Clients Portfolio

Contracting, Defense & Aviation

Raytheon Technical Services Middle

East (RTSME)

Raytheon International Middle East

Limited (RIMEL)

Euro copter (ECKSA) (Airbus)

Hughes Arabia Limited (HAL) Rolls

Royce (RR)

Medical and Pharmaceutical

Cosmetic Clinics Company

Financial Services

National Commercial Bank Capital

PERSONAL SNIPPETS

Marital Status: Married

Nationality: Pakistani

Linguistic: English (Professional)

Arabic (Basic)

ACCOMPLISHMENTS

o Participated in the implementation of SAP, Oracle & Odoo, trained all employees on new systems, migrated data from old systems, streamline processes, synchronized with reporting needs. o Designed and implemented a new internal financial reporting structure, utilized for enhanced forecasting and management of the cash flow and working capital.

o Structured and streamlined redundant day-to-day operations resulting in more accurate and timely financial information used in monthly financial reporting package.

o Involved in zakat and tax planning, leading to savings for the organization. Managed and successfully dealt with Zakat assessments and VAT audit of holding company & subsidiaries. o Increased profitability of organization by highlighting and eliminating cost redundancies through in-depth analysis of cost. o Significantly managing finances of company, putting in place robust financial & accounting systems and analyzing and recommending strategic improvements in processes. Implementing, automating business processes. COMMON ROLES & RESPONSIBILITIES

o Preparation of accurate and compliant consolidated financial statements, statutory books of accounts. o Reporting to the board of director and the CEO, responsible for all matters relating to the Group’s and subsidiaries finance, tax, audit, insurance, risk management, and general management of the subsidiaries. o Determining financial objectives, designing and implementing systems, policies & procedures that facilitate financial control. o Handling accounts of diversified investments in sectors like trading, construction, yacht, real estate (11 West & 67 Estate) sports (BIT & Core), Entertainment (Benchmark) & manufacturing. o Preparing strategic business plans, P&L analysis, performing actual vs budget analysis, and tracking expense controls through MIS and performance reviews.

o Preparing various analytical reports, cash forecast, annual budget, ratio analysis etc. o Prepared the financial statements for the company under liquidation and liaise with the liquidator (Baker & Bots) and client to complete the process of liquidation.

o Planning internal and external audits by considering risks, time frame, cost and other factors. o Coherently liaising with external auditors (KPMG & PWC) and accommodating them for quarterly & annual Providing Senior Management with various business and other ad hoc reports for decision making. o Resolve complex verification issues in a timely and thorough manner. Strategic Planning

o Developing general strategy, detailed programs and plans as per the management vision. o Making detailed time budgets and coordinating with the staff to meet the reporting deadlines. o Application of new technical pronouncements and identifying areas of potential Consolidation of Group Financial Statements

o Preparing Consolidated financial statements as per IFRS. o Identifying inter group transaction and establish good relationship with all head of subsidiaries. o Preparing reports on financial results for submission to management. Reporting to top Management

o Monthly reporting of group, head office and subsidiaries to management. o Performing Variance analysis by comparing actual results with budget. o Ad Hoc report like impact of financial policies on the financial statements over the last 5 years by analyzing FS. Evaluation of Credit and Investment Portfolio

o Detailed verification of the investment portfolio and suggest the proper classification as per IFRS. o Analysis of investment portfolio to identify impairment impact if any. o Preparation of quarterly/annul reports, identifying the correct classification of investment portfolio & in-depth analysis. Budgeting & Treasury Management

o Develop and implement budgeting processes for the organization. o Monitor and analyze budget performance, identifying areas for improvement and making recommendations. o Prepare forecast cash flows for the payment plans & expected receipts to ensure sufficient liquidity. o Negotiate and manage bank relationships, including credit facilities and overdrafts. Corporate and Secretarial Practices

o Reviewing minutes of meetings of board of directors, managing committee, audit committee and maintenance of statutory books.

o Checking compliance with the statutory requirements and the Code of Corporate Governance. Zakat, Taxation and Allied Matters

o Reviewing computations zakat & tax, tax status and deferred tax. Managing Zakat audit & GSTC appeals. o VAT computation and review of VAT returns also managed VAT audits. o Withholding tax reviews and its related matters.

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