Sub: Tax Manager/Accounting Supervisor/Chief Accountant or any Suitable Job in Finance
After Compliments,
I am a TAX Accounting Supervisor with 19 years of experience in Accounting, Auditing &
Financial Management in the Kingdom of Saudi Arabia, and have a Master’s degree in
Commerce, Post Graduate Diploma in Taxation, and a Bachelor of Law. Passed Cert. CII from
Chartered Insurance Institute (U.K) & IFCE Exams and scored 90% Marks, having good
knowledge in IMS (Insurance Management System) & MS Office.
I would like to move into a more challenging job like Tax Manager/Accounting Supervisor/Chief
Accountant that would accelerate my professional growth & development.
In my entire career, I have demonstrated my skills to my superiors, which has given them
excellent results. My ability to work under pressure stands me in good steady in all challenging
tasks.
Please contact me for further details. Please see my resume for your convenience and current/future
recruitment.
Thank you so much for your time and consideration.
Sincerely yours,
Mohammed Ayoob
Riyadh, KSA.
Mobile: 055 102 0029
Email: [email protected]
C U R R I C U L U M V I T A E
MOHAMMAD AYOOB
Master of Commerce, LLB, PG.Dip. in Taxation, IFCE, Cert.CII (UK)
Riyadh Saudi Arabia
[email protected]
Mobile: 055 102 0029
PROFESSIONAL EXPERIENCE:
19 Years of Functional experience in Taxation, Accounting & Finance in the
Kingdom of Saudi Arabia.
Excellent Command in Preparation of VAT Returns, Withholding Tax for treaty &
facultative reinsurance, Profit & Loss Account, Balance sheet, and Bank
Reconciliation statements. Calculation of Broker/Agent Commission. Ageing
Analysis
Keep Tracking the Records of all Reinsurers and reconciliation on a monthly basis.
Having Good Communication & Inter-Personal relationship
Excellent knowledge in IMS (Insurance Management System), MS Word, MS Excel,
MS Access, MS PowerPoint, and MS Outlook
Managing E-invoicing cockpit
Functional Experience:
Period : January 7, 2018 – Present
Company : Medgulf Insurance Company
Position TAX ACCOUNTING SUPERVISOR
JOB DESCRIPTION:
Full accounting of all tax-related transactions specializing in VAT and WHT.
Preparation of Monthly VAT Returns, reconciled to General Ledger, within ZATCA
timeframe rules.
Manage VAT tax audits and answer ad hoc queries with tax authorities (ZATCA) about
tax payment and tax filing issues.
Maintenance of VAT rates/codes within IT systems and ongoing monitoring of rates.
Recoveries from ZATCA i.e. VAT bad debts etc.
Calculation of the VAT Exemption annual ratio.
Calculation of Withholding Tax for treaty & facultative reinsurance, etc.
Prepare and adapt aging reports of receivables to calculate the bad and doubtful debts
reserves.
Prepare and analyze sales commission reports for Brokers and Agents etc.
Review and approving of accounting documents such as Journal Vouchers,
Payment vouchers and Receipt vouchers, technical entries (Treaty & FAC), etc.…
prepared by the accountants to ensure accuracy of information and calculations and make
or direct correcting entries.
Manage and control all types of expenditures including capital and other expenses, as
well as purchases, ensuring formal approvals at required levels and timely settlement of
related invoices.
Profit & Loss Account, Balance sheet, Bank Reconciliation Statement.
Controlling and Maintaining Chart of accounts (Balance Sheet / P & L accounts)
Compliance and advice on various facets of tax regulations, such as e-invoicing etc.
Period : January 3, 2009, to January 3, 2018
Company :Allianz Saudi Fransi Insurance Company Riyadh
Position : ACCOUNTING SUPERVISOR
JOB DESCRIPTION:
Calculation of Withholding Tax for the treaty, facultative reinsurance, and other expenses
outside the Kingdom.
Keep tracking the records of reinsurers.
Finalization of accounts.
Month-End Closing
Preparation of Ageing Analysis of Receivables
Calculation of Commission for brokers & agents
Preparation of reinsurance bordereaux of treaties/cessions
Preparation of reinsurance claims facultative bordereau and other insurance bordereaux
Making journal vouchers for reinsurance accounts.
Reconciliation of Complex Account
Supervising Accountants, Junior Accountants, and trainees.
Prepared, analyzed, and distributed financial results including variance explanations with
a graphical presentation.
Preparation of Budget
Handling and supervising all expense payments such as Governments, Vendors’
Suppliers’ Invoices, Petty Cash, Cheques, Staff Reimbursements on travel and Final
Settlement, etc.
Meeting deadlines and working well under pressure to produce accurate results
Furnishing all details and documents required by Auditors
Plan, organize, and assign day-to-day work to the Accountants and Assistant
Accountants.
Loop Reconciliations.
Period : November 2007 to December 2008
Company :Solidarity Insurance Company Riyadh
Position : SENIOR ACCOUNTANT
JOB DESCRIPTION:
Lead Role in the Implementation of ERP Premia/Orion from Finance Dept.
Calculation of Unearned Premium and Unearned Commission
Preparation of reinsurance bordereaux of treaties/cessions
Coordinating with the HR department for payroll additions & deductions.
Preparation of reinsurance claims facultative bordereau etc.
Making journal vouchers for reinsurance accounts.
Reconciliation of Complex Account
Prepared, analyzed, and distributed financial results including variance explanations with
a graphical presentation.
Furnishing all details and documents required by Auditors
Handling Banking Transactions
Period : April 2006 to October 2007
Company : AHAD CO-OPERATIVE INSURANCE CO. Riyadh
Position : SENIOR ACCOUNTANT
JOB DESCRIPTION:
Preparation of Trial Balance, Profit and Loss, Account, and Balance Sheet.
Routine accounting tasks, such as receivable & payable accounts, petty cash, preparation of reimbursement,
and other reports.
Preparation of payroll.
Bank reconciliation statements.
Generating reports as per the requirement.
Period : May 2003 TO March 2006
Company : Saudi Company NOOR For Cooperative Insurance Riyadh
Position : Assistant Internal Audit Manager
Key Roles and Responsibilities
• Leads audits of all types with the highest levels of complexity or potential technical, financial risk exposure for the business.
• Assists in the development and preparation of the internal audit strategy, risk assessment and annual audit plan.
• Helps to