Abdul Basit

Abdul Basit Email and Phone Number

Manager Finance and Accounts @ None
Abdul Basit's Location
Jeddah, Makkah, Saudi Arabia, Saudi Arabia
About Abdul Basit

As ACCA qualified [UK], and Member [ACCA], possessing more than 12 years experience, I am proactive, with excellent organizational decision making skills, time management skills, negotiation skills, and have a proven track record of meeting the necessary performance objectives. My career in Accounting & Finance, working in diverse financial environment with multiple corporations. I have gained an extensive financial and management insight within this field. My key accounting and financial competence include, but are not limited to only,- Maintaining financial records, - Managing account balances, - Preparing financial statements, - Managing budgets & Forecast, - Financial Analysis, - Business strategy reviews.

Abdul Basit's Current Company Details
Tarmeez Almataqdema Ltd Company

Tarmeez Almataqdema Ltd Company

Manager Finance and Accounts
None
Abdul Basit Work Experience Details
  • Tarmeez Almataqdema Ltd Company
    Manager Finance And Accounts
    Tarmeez Almataqdema Ltd Company
  • Tarmeez Almataqdema Ltd Company
    Manager Finance & Accounts
    Tarmeez Almataqdema Ltd Company Nov 2020 - Present
    Jeddah, Makkah, Saudi Arabia
    Company provides Contracting & Logistic services to its client. It has huge network with regional branches; My job description are as follows, Works as Manager Finance & Accounts, report to chief executive officer at Head office. Preparing and maintaining the Systemized Reporting Structure, & update expense and revenue heads. Responsible for issuing IPC’s & Progress billing to Contracting Clients on Projects Sites, Neom, Turaif, Jeddah, Najran, Dammam by Contracting operation. Review the Project Costing, CWIP, BOQ’s, Outstanding parties, financing matters & fund requirement, Preparing the Project wise Reporting, Quarterly P&L , Cash flows, Profitability. Review & Submit VAT Return Quarterly. Responsible for issuing Invoices to Logistic customers like Amazon, Noon KSA by logistic operation. Review the Payable and Receivable and follow up Receipts and Payment to manage the cashflows. Reviewing inspection and defects in Vehicles and Issuing the Credit Notes to Supplier Responsible of Maintaining the lease matters, verifying the payment of lease installment according to lease schedule. Reviewing and analysis of strategic financial plans, budgets and targets. Preparation of annual final accounts and financial statements of company according to IFRSs. Responsible of annual audit of final accounts by external auditor.
  • Deloitte
    Senior Associate
    Deloitte Aug 2019 - Oct 2020
    United Arab Emirates
    As Senior Auditor audited different industries, having expertise in risk assessment, analyzing controls and audit planning and reporting during my job period with Deloitte UAE with Email: abdbasit@deloitte.com,My job description was as follows, Planning and execution of external audits of listed and non listed entities in stock exchange using risk- based audit methodology; Performing preliminary and concluding analytical procedures and analyzing key financial ratios; Testing the design & implementation and operating effectiveness of internal controls by completing walk- through of business processes and highlighting any control deficiency; Performing engagement using the Deloitte’s Audit Software EMS and IT related tools. Design and perform the substantive procedures in consultation with the engagement manager in order to Address the specific risk at assertion level or financial statement level. Preparation of Financial statements according to IAS, IFRS, and regulatory requirements of the country. Preparation of final audit findings reports for presentation to management /audit committees; and ensuring the financial statements issued before the deadline date.Performed Statutory Audits and Review engagements: Sunrays Textile Mills Private Limited (Interim Audit) December 31, 2019.  Gisco Llc December 31, 2019. Abu Dhabi The Reach Group December 31, 2019. Abu Dhabi Amana Construction & Steel Building Llc December 31, 2019. Dubai Emaratech Llc December 31, 2019. Dubai
  • Advance Tarmeez Contracting Company
    Manager Commercial & Finance
    Advance Tarmeez Contracting Company Mar 2016 - Jul 2019
    Dammam, Eastern, Saudi Arabia
    It is Electrical & Contracting company. Company provides testing, commissioning, termination of grid station and electrification of high voltage feeder route cables, Termination & energization of commercial and residential community; My job description was as follows, Worked as Commercial & Finance Manager under supervision of Project Director at site and report to Chief Executive Officer at head office. Responsible of preparation of interim payment running bills, as per work completion, and clearance of all documents with client. Responsible of valuation of work in progress on site. Responsible of authorized procurement, issuance of service/work orders at negotiated rates with suppliers according to cost controlling. Responsible of maintaining the updated accounts relating to expenses, trade payables, receivables. Responsible of dealing all financing matters, fund requirement, cash and bank payments to parties.
  • Husein Sugar Mills (Pvt) Limited.
    Deputy Chief Accountant
    Husein Sugar Mills (Pvt) Limited. Mar 2013 - Feb 2016
    Lahore, Punjab, Pakistan
    It is manufacturing FMCG production and processing finished Sugar, Distillery Ethanol & By Products, My job description was as follows,  Worked as Deputy chief accountant under supervision of Chief Financial Officer and report to Chief Financial Officer at Head Office. Preparation and Reconciliation of the accounts (Bank balance, Short & Long Term finance). Worked on Company’s long term investments, Net book value, Revaluation, Carrying Value of Non current assets & Fair Value of Financial instruments. Worked on Valuation of Finished Stock & Work in Process Monthly.  Preparation and Maintaining the General Ledger (Entry recording in assets, liabilities Accounts Balances, and all income and expenses heads. Preparation of half yearly and yearly final Accounts and financial Statements of company according toInternational Financial Reporting Standards IFRSs.
  • Deloitte
    External Auditor
    Deloitte Feb 2011 - Feb 2013
    Multan, Punjab, Pakistan
    I have worked as audit Semi Senior, and I have audited different sectors covering a broad spectrum of industries, my job profile was in this firm stated below. Textile  Cement  Engineering  Construction  National Highway Authority (NHA) Islamabad, National Highway Authority (Aided Project), Aided by GOP, Islamic Development Bank, Asian Development Bank, China Exim Bank, JICA Bank Japan.

Abdul Basit Skills

Fixed Assets Sarbanes Oxley Act Journal Entries Us Gaap Financial Analysis Tax Returns Financial Audits Accruals Cash Flow Variance Analysis Assurance Bank Reconciliation Payroll Tax Accounting Sales Tax Managerial Finance Consolidation

Abdul Basit Education Details

Frequently Asked Questions about Abdul Basit

What company does Abdul Basit work for?

Abdul Basit works for Tarmeez Almataqdema Ltd Company

What is Abdul Basit's role at the current company?

Abdul Basit's current role is Manager Finance and Accounts.

What schools did Abdul Basit attend?

Abdul Basit attended Oxford Brookes University.

What skills is Abdul Basit known for?

Abdul Basit has skills like Fixed Assets, Sarbanes Oxley Act, Journal Entries, Us Gaap, Financial Analysis, Tax Returns, Financial Audits, Accruals, Cash Flow, Variance Analysis, Assurance, Bank Reconciliation.

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