Abdulkarim Siddiqui Email & Phone Number

Riyadh, Sa

Riyadh, Saudi Arabia

Roles and Responsibilities• Managing team of Accountants. Reporting to CFO• Supervising Monthly closing and preparing Segmental Financial Reporting along with variance Analysis for Monthly Board presentation.• Developing and Managing Internal Accounting practices.• Ensuring compliance with relevant IFRS as well as ZATCA regulations, and adherence to Company Policies.• Overseeing Treasury function including cash management, Cash forecast and Bank facilities. • Reviewing Daily Branch-wise Sales reports• Supervising and reviewing monthly VAT Returns and monthly Withholding Tax Returns.• Liaising with External Auditors and managing quarterly Audit Review as well as Annual Financial Audit.• Supporting Management with Budget preparation. Achievements• Successfully managed migration of 3-year financial data to the newly implemented Oracle ERP. • Successfully automated Accounts Payable function by implementing Supplier Portal integration with ERP.• Maintained the Company’s tax file in good shape without incurring significant amount in additional tax liabilities from Tax Authorities.

Riyadh, Saudi Arabia

Roles and Responsibilities• Supervised team of Accountants.• Conducted the Monthly financial closing and prepared Segmental Financial Reporting along with variance Analysis for the Management.• Maintained Accounting processes and reviewed all accounting transactions.• Ensured compliance with relevant Accounting Standards and company policies.• Reviewed Daily, Weekly and Monthly bank reconciliations• Reviewed Daily Branch-wise Sales reports• Managed and maintained company’s corporate bank accounts for CAPEX and OPEX transactions. • Managed the company’s financing facilities with bank. • Prepared monthly VAT Returns and monthly Withholding Tax Returns• Liaised with External Auditors and managed quarterly Audit review as well as Annual Financial Audit.• Prepared periodic payables and short-term cash management reports for management. • Supported Management with Budgeting and Cash flow forecasting.

1St Industrial City, Dammam

• Worked with Junior Accountants to ensure completeness of accounting data.• Maintained internal controls and an effective accounting system and policies.• Ensured regulatory compliance with accounting standards.• Responsible for timely quarterly closing and assisting in preparation of financial statements for the Management.• Worked with external auditors during the annual financial audits.• Reviewed, investigated, and corrected errors and inconsistencies in financial entries and reports.• Assisted in the preparation of the Annual forecast and financial budgets for the Group.• Monitored Receivable and Payable and processing all necessary payments.• Assisted in preparation of Investment Appraisals when needed using the required and applicable Investment Appraisal techniques (e.g. ARR, Payback, Discounted Cash flow).• Reviewed and finalized monthly payroll.

1St Industrial City, Dammam

• Handled full spectrum of financial and cost accounting e.g. AR, AP, GL;• Prepared assets, liability, and capital account entries by compiling and analyzing information.• Performed timely closing of financial periods and prepared draft final accounts for review.• Performed cost tracking and reporting where necessary.• Prepared work papers and supporting schedules for the annual financial audit.• Prepared monthly payroll for review.• Reconciled receivable and Payable Accounts and prepared monthly Aging Analysis.• Supervised quarterly and annual inventory count.• Prepared monthly bank reconciliation statements.• Assisted in the preparation of special financial and non-financial reports as required by the management.

Novotel Business Park, Dammam, Saudi Arabia

Gosaibi Village, Al Khobar, Saudi Arabia

1St Industrial City, Dammam, Saudi Arabia

Acca, Accounting And Finance

Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering.

Cma, Management Accounting

Bsc (Hons) In Applied Accounting, Upper Second Class Honours

Advanced Diploma In Accounting & Business

Diploma In Accounting & Business, Accounting And Business/Management

Gce A Level (High-School), Accounting, Business Studies, Mathematics, A