Financial Reporting Accounts Receivable

Muhammad Feroz Khan

Experienced Accounting & Finance Professional

Phone No: +966 (59) 0504712 Email: *********@*****.*** LinkedIn URL: www.linkedin.com/in/muhammad-feroz-khan-2a8b9985/ Address: Jeddah, KSA

PROFILE SUMMARY

Self-motivated, energetic and dynamic finance professional backed by 08+ years of demonstrated experience in financial analysis, general ledger accounting, audit coordination, taxation, VAT filing and accounts management. Equipped with extensive knowledge of staff accounting, accounts reconciliation, cash flow management, internal control, variance analysis, budgeting & forecasting, profit/loss account, year-end closing, balance sheet, feasibility/project report, accounts receivable

& payable, financial statements preparation, bookkeeping and financial reporting in accordance with accounting principles

Task-focused and resourceful professional with expertise in all facets of value added tax advisory & compilation. Skilled in collaborating with all members of organization to increase business/revenue growth. Instrumental in streamlining and improving business processes while identifying future trends and investment opportunities; has proven record in handling trade finance activities, including liaison with banks and regulatory authorities, LC opening, and funds transfer to suppliers

Active team member with outstanding communication skills & solid commitment to establish meaningful relationships with vendors/suppliers and customers. Has demonstrated ability to plan and prioritize workflow to meet established deadlines. Proficient in managing & developing financial reports & controls using staffing efficiencies; well-versed in ISA, GAAP and International Financial Reporting Standards with knack of effectively analyzing and gauging levels of risk

Possesses ability in directing all aspects of accounts management to ensure long-term profitability by exercising strong commitment to excellence; skilled at synthesizing and editing information to achieve overall financial & business objectives. Strategic problem solver experienced in financial & business analysis to develop & implement best practices CORE COMPETENCIES

Accounting & Finance Management Taxation & VAT Filing Budgeting Control & Forecasting Risk Assessment & Mitigation General Ledger Accounting Cash Flow Management Business Management Auditing & Internal Control Accounts Reconciliation Financial Reporting Skills Team Building & Leadership Skills Communication & Presentation Skills TOOLS & TECHNOLOGIES

Microsoft Office (Word, Excel & PowerPoint) ERP POS Oracle SAP QuickBooks Odoo Focus PROFESSIONAL E XPERIENCE

Star Technologies, Jeddah, KSA

Working as “Accountant”, March 2024 – Present

Responsibilities/Accomplishments:

Aptly executing bookkeeping of all financial transactions, assisting branch accountants, and maintaining master data while generating sales invoices and keeping records. Maintaining coordination with financial institutions for smooth working

Supporting in LC records maintenance, issuance of financing/refinancing, closure of LC, invoice financing/refinancing, LC acceptance and LC outstanding. Generating weekly bank reconciliation statement (BRS) and filing VAT of company Gulf Central Company, Jeddah, KSA

Worked as “Branch Accountant”, August 2021 – March 2024 Responsibilities/Accomplishments:

Dealt with more than 200 customers of western region including retail and food services, as well as provided assistance to nine salesmen, with branch revenue of ~12,000,000/- SR. Carried out bank reconciliation and customer reconciliation

Executed timely reporting of branch related to collection, aging, sales & inventory. Carried out bookkeeping and filing on daily basis in coordination with accounting team. Generated customer invoices, credit notes and return to vendor (RTVs)

Knocked off all open invoices time to time with respect to payment received while keeping track of RTGS & wire transfers. Handled all accounting transactions, followed-up with customer & managed company’s day sales outstanding cycle (DSO)

Created contact of new customers with respect to review necessary documents as per Zakat, Tax and Custom Authority

(ZATCA) regulations. Interacted with branch manager regarding sales analysis, spoilage/return turnover & stock positions

Assisted in quarterly inventory count & its closing. Collaborated with head office to report branch turnover and receivable status. Suggested ideas for improvement of branch turnover with adjustment of prices of cash and credit customers

Issued monthly statement of account and maintained follow-ups for payments. Participated on closing of monthly filing Value Added Tax (VAT). Supported in annual audit and formulated weekly sales, collection & aging reports to head office

Reviewed/validated local vendor bills and maintained petty cash and collection of branch and its reconciliation. Prepared business report summary on monthly basis and highlighted all key elements related to branch revenue and expenditures

Directly engaged in Formula 1 project, as well as analyzed (budget, cost, profit margin (PM) & return of investment (ROI) while maintaining branch staff data in order report to human resource (H.R) in line with company’s policies & procedures Wholesale Valley for Food Supply Company, Riyadh, KSA Worked as “Accountant”, March 2020 – July 2021

Responsibilities/Accomplishments:

Reconciled bank accounts, supplier and customer ledgers, as well as reconciled accounts payable and receivable while verifying, allocating, posting and reconciling transactions. Actively maintained customers follow-up regarding payments

Managed all accounting transactions and ensured credit card payment via online through business intelligence platform. Made adjusting entries and ensured their adjustments while approving and validating local and foreign purchase orders

Prepared and validated customers and vendors’ invoices, as well as knocked off all open invoices time to time with respect to payment received while keeping track of RTGS/Wire transfers. Processed of vendors’ payment by verifying documents

Generated daily process point of sale (POS), credit card and cash reports. Prepared payable and receivables aging report and processed tax payments/returns. Handled monthly/quarterly/annual closings and physical inventory/stock count

Summarized current financial status by collecting information while preparing statement of affairs, profit/loss statement, cash flows & owner equity. Produced error-free accounting reports/presentation and complied with financial policies and regulations. Identified inventory variance and adjusted & uploaded on ERP while resourcefully maintaining petty cash PRIOR E XPERIENCE

Worked as “Assistant Manager Finance” at Marshal Gas (Pvt.) Limited, Karachi, Pakistan (April 2018 – November 2019). Updated financial spreadsheets with daily transactions, as well as recorded accounts payable & receivable while Generating aging reports, reconciling financing & bank accounts, following-up with customers to minimize bad debts, and preparing company’s financial accounts. Settled disputed receivables, reconciled account receivables/payable, calculated cash conversion cycle, resolved accounts to general ledger, and organized records of invoices, bills & deposits. Handled queries related to accounts, managed insurance policies of company, and maintained monthly markups. Assisted in yearly renewal of running finance facilities or overdraft facility (R.F). Made proposal for long & short term and bridge financing

(STFF, LTFF & BFF). Coordinated with Commercial Banks and Securities & Exchange Commission of Pakistan (SECP) while maintaining financial securities with financials institution against financing (mortgage charges). Assisted statutory auditors in fulfilling their mandates, as well as substantiated financial transactions by auditing documents. Maintained financial records, prepared payments, executed monthly payroll, organized records, and followed accounting policies/regulations. Filed income & sales tax of company, maintained petty cash, and made & updates stock report. Conducted monthly visits at plant for check and balance of stock and directly report to higher management for continuous process improvements

Worked as “Accountant” at Vectors Architectural & Building Products, Karachi, Pakistan (January 2016 – March 2018). Assembled, reviewed and verified invoices, setup invoices for payment, entered/uploaded invoices into ERP system, and tracked and resolved of all payments and expenditures, including payroll, purchase orders & work orders. Prepared and process electronic transfers/payments, and reconciled accounts payable transactions while executing analysis of accounts. Maintained vendor’s files, articulated monthly reports, and assisted with month-end closing while providing supporting documentation for audits. Maintained accounting ledgers, as well as improved payment process by using best fit practices PROFESSIONAL TRAINING & C E RTIFICATION

SAP Business One Certification (In Progress)

EDUCATION

MBA (Master in Business Administration) – Finance, Iqra University, Karachi, Pakistan (2015 – 2017) BBA (Bachelors in Business Administration) – Management Science, Iqra University, Karachi, Pakistan (2011 – 2015)

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