Current Position: Chief Accounting Analyst
Education: Master of Accounting & Finance
Experience: 13 Years
Mobile: +966-582209867
Current Location: AL-KHOBAR, KINGDOM OF SAUDI ARABIA
E-Mail: [email protected]
LinkedIn Profile: www.linkedin.com/in/muhammad-tayyab-shah-880297108/
PROFESSIONAL SUMMARY: -
Financial professional with 13 years of experience in oil & gas, contracting, and F&B sectors. Expertise in financial planning, budgeting, and analysis, driving cost optimization and profitability improvements. Skilled in financial reporting, variance analysis, and financial modeling. Strong background in ERP systems, VAT, IFRS compliance, and strategic decision-making. Proven leader with experience in digital transformation projects and team management, aiming to deliver data-driven insights to enhance business performance.
SKILLS & EXPERTISE: -
• Financial Reporting • Financial Statements • Variance Analysis • Cash Flow Management • Scenario Planning • Financial Planning • Financial Analysis • Financial Modeling • Budgeting • Forecasting • OPEX and CAPEX
• Taxations / VAT-Taxation • IAS/IFRS Compliance • WPS Payroll Processing • GL Reconciliations •GL Closing • Accounts Payable • Account Receivable • EOS • Monthly Closing • Accruals •
• Internal Audit • Microsoft Excel, Microsoft Word, Power Bi
ERP SOFTWARE EXPERTISE: -
• ERP Next • ERP Focus • Oracle • Navision • Odoo ERP• Quick Books • Zoho Books • XERO • Foodics
WORK EXPERIENCE
Name of Organization: - Axis Inspection Contracting Joint Stock Co شركة محور الفحص للمقاولات مساهمة مقفلة
Industry: - Oil and Gas
Services: - Inspection, Maintenance, Industrial Services
Position: - Chief Accounting Analyst
Job Period: - 29th November-2019 to 30th November-2024 (5 years)
Location: - Al-Khobar, Kingdom of Saudi Arabia.
• Financial Statement Preparation & Reporting: Lead the preparation of accurate and timely financial statements, including comprehensive financial reporting and month-end/year-end closings in adherence to IFRS standards.
• Strategic Financial Planning & Analysis: Develop and present detailed financial plans, forecasts, and analyses, leveraging Power BI to provide actionable insights and enhance decision-making.
• Tax Compliance & Regulatory Liaison: Manage VAT compliance and liaise with the ZATCA Authority to resolve queries related to Zakat, VAT, Tax, and Withholding Tax (WHT), ensuring strict regulatory adherence.
• Accounts Management: Oversee the complete lifecycle of accounts payable (AP), accounts receivable (AR), fixed assets, and inventory, ensuring operational efficiency and accuracy.
• General Ledger & Budgeting: Perform general ledger reconciliations and actively participate in the budgeting process, including variance analysis and cost management.
• Audit Management: Coordinate and manage annual audit processes, acting as the primary liaison with external auditors to ensure successful and timely audit completion.
• Multi-Entity Financial Oversight: Supervise financial operations and reporting for associated entities, including Drilling Services Co. and Food & Beverages franchises owned by the group, ensuring consistency and alignment with organizational objectives
• ACHIEVEMENTS: - Implemented software’s in drilling services & food and beverage entities.
• Awarded with Appreciation Certificate on best performance
Name of Organization: - Sargodha Gymkhana Club
Business Type: - Social, Entertainment, Hospitality, Sports
Position: - Accounts Manager
Job Period: - June-2018 to September-2019 (Contractual 01 Year)
Location: - Sargodha, Pakistan.
As a head of department managing all financial activities of the social organization like;
• MIS reporting to elected Secretary of Club and to Government bodies i.e. Secretary Finance;
• Managing Financial reporting of Restaurant, Café, Gymnasium, Shooting/Ridding Club;
ACHIEVEMENTS: -Implemented and integrated of Proper Accounting System & software
Name of Organization: - Broad Way Contracting Co.شركة الطريق العريض للمقاولات
Business Type: - Civil Contracting
Position: - Chief Accountant
Job Period: -May-2015 to April-2018 (03 Years)
Location: - Al-Khobar, Kingdom of Saudi Arabia.
• Managed and prepared Financial Statements and Financial reports;
• Prepared analysis and budgets;
• Managed annual audit processes liaise with external auditors;
• Managed payroll of the employees as per Govt. Wage Protection System (WPS);
ACHIEVEMENTS: -Implemented reporting procedures to maintain internal control.
• Contributed to the development and implementation of VAT principles for the Company.
Name of Organization: - Husayn Foods (Pvt) Ltd.
Business Type: - Restaurant, Café, Bakery
Position: - Assistant Manager Accounts & Finance
Job Period: - April -2013 to February-2015 (02 Years)
Location: - Bahria Town Islamabad, Pakistan.
• Prepared financial reports of financial statement and reported to Managing Director and CEO;
• Prepared e-filing annual income tax returns and Sales tax returns;
ACHIEVEMENTS: -Contributed in transformation from a sole investment in franchise to creating a new venture
Name of Organization: - Q Mart Corporation (Pvt.) Ltd.
Business Type: - Retail Industry – Super Market (Subsidiary of Kohinoor Mills Ltd)
Position: - Accounts Officer
Job Period: - March -2010 to December-2012 (02 Years)
Location: -Lahore, Pakistan.
• Handling of Account Payable, Account Receivable by Oracle ERP;
• Reconciliations of Banks, Reconciliations of Parties & Vendors;
• E-Tax filling.
ACHIEVEMENTS: -Assessment of differences in physical verses systematic inventory in different locations and assessment