Navaskan
Mobile: +966 538868725
Email: [email protected]
Professional Summary
Results-driven Finance Manager and Cost Controller with 15 years of experience in financial planning, analysis, and management. Demonstrates a strong understanding of both IFRS and GAAP standards. Proven ability to enhance financial performance through strategic planning, budgeting, and forecasting. Expertise in leading teams, optimizing financial processes, and implementing robust financial controls. Adept at providing actionable insights to support organizational goals and drive profitability.
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Skills
• Financial Planning & Analysis
• Team Management
• Policy Implementation
• Strategic Initiatives
• Senior Management Coordination
• Monthly Closing & Reporting
• Budgeting & Forecasting
• Transaction Management
• Records Maintenance
• Document Issuance
• Accounts Management
• Tax Compliance
• Payroll Administration
• Financial Analysis
• Reporting
Professional Experience
Chief Accountant
Ez Al Sahra Holding Company – Riyadh, Saudi Arabia
Sep 2024 – Present
Financial Oversight: Manage financial operations across multiple sectors, including medical pharmacy, agriculture, security services, and real estate, ensuring timely and accurate financial reporting and full compliance with regulatory requirements.
Consolidated Reporting: Prepare and present consolidated financial statements (balance sheets, income statements, cash flow reports), and provide quarterly and annual forecasts for the holding company, supporting senior management in decision-making.
Intercompany Accounting: Oversee intercompany transactions and ensure proper allocation of revenues and expenses across subsidiaries, ensuring seamless reconciliation and minimizing discrepancies.
International Trade Compliance: Supervise accounting for international transactions, ensuring compliance with trade regulations, VAT, customs duties, and foreign currency exchange for pharmaceutical imports and exports.
Agricultural Cost Accounting: Manage cost accounting for agricultural operations, including inventory management, cost of goods sold (COGS), and profitability analysis for crops and livestock.
Real Estate Financials: Oversee financial operations for the real estate division, managing property valuations, rental income, asset management, and depreciation calculations to maximize profitability.
Cost Control & Profitability: Review and analyze financial reports for the security services division, focusing on cost control, project profitability, and ensuring compliance with labor laws and industry standards.
Financial Analysis & Budgeting: Provide detailed financial analysis to senior management, ensuring budgets are adhered to and financial targets are met across all subsidiaries, while identifying areas for cost reduction.
Tax Compliance & Transfer Pricing: Collaborate with tax advisors to ensure compliance with local and international tax laws, including managing transfer pricing for intercompany transactions.
Audit Support: Assist with internal and external audits, providing necessary documentation for all entities under the holding company structure, and ensuring smooth audit processes.
Professional Experience
Accounts Manager
Power Industrial Contracting Co., Saudi Arabia - Jeddah
August 2018 – October 2020
• Monthly Closing & Reporting: Supervised the preparation of monthly financial reports including Profit and Loss Accounts, Balance Sheets, and other financial statements. Conducted comprehensive analysis to offer insights into financial performance.
• Budgeting & Forecasting: Developed, managed, and monitored budgets, forecasts, and cash flow statements to guide financial planning and strategic decision-making.
• Transaction Management: Directed all journal entries, payment vouchers, and ensured precise record-keeping. Verified financial transactions and reconciled discrepancies.
• Verification & Management: Conducted detailed verification of bills and payments. Managed cash flow, bank transactions, and ensured timely submission of financial reports.
• Record Keeping: Administered daily cash books, prepaid expenses, receipt books, sales registers, and managed filing systems to ensure accurate and organized financial records.
• Credit Control: Oversaw credit control processes including receivables management, payables management, and implemented measures to ensure timely collections and payments.
• Reconciliation: Executed thorough bank reconciliations and reconciled customer account statements to maintain financial accuracy.
• Document Issuance: Issued and managed receipts, payment vouchers, debit notes, and credit notes. Maintained comprehensive journal and ledger records.
• Accounts Management: Monitored accounts receivable and payable, enforced credit control policies, and performed regular bank reconciliations.
• Tax Compliance: Prepared VAT returns, GOSI payments, and withholding tax statements. Ensured adherence to tax regulations and timely submissions.
• Payroll Administration: Managed monthly payroll, leave salaries, end-of-service benefits, and handled all related cash and bank transactions.
• Financial Analysis: Conducted analysis of monthly profit and loss accounts, asset depreciation, and trial balances. Provided actionable insights to improve financial health.
• Reporting: Compiled quarterly and annual balance sheets. Coordinated with external auditors and managed Zakat filings.
• Asset Managed and Depreciation: Managed asset depreciation schedules in line with IFRS and GAAP standards, ensuring accurate financial reporting and compliance.
• ERP Implementation: Spearheaded the implementation of ERP for Finance & HR, significantly enhancing operational efficiency in financial and HR processes.
Professional Experience
Chief Accountant and Cost Controller
Indian Summer Restaurant Management Co, Riyadh, Saudi Arabia
January 2013 – July 2017
• Led Financial Closures: Oversaw monthly financial closing processes, producing detailed financial reports including profit and loss accounts, balance sheets, and cash flow statements.
• Budget Management: Developed and managed monthly budgets and forecasts, ensuring financial stability and operational efficiency through precise daily allowances reports.
• Accounting Oversight: Directed the preparation and verification of journal entries, payment vouchers, receipts, and debit and credit notes, ensuring accurate and timely financial documentation.
• Record Maintenance: Maintained comprehensive records including daily cash books, prepaid expenses, receipt books, sales registers, and filing systems to ensure organized financial documentation.
• Accounts Management: Managed accounts receivable and payable, implementing effective credit control processes to ensure timely collections and payments.
• Bank Reconciliation: Executed bank reconciliations and managed credit and debit