Muhammad Ansar Shaikh, Acca Email & Phone Number

Saudi Arabia

Dammam, Eastern, Saudi Arabia

Led regular project review meetings with cross-functional teams, ensuring projects were progressing on schedule and within scope.Performed in-depth analysis of margin variances at various project stages, comparing forecasts and budgets, and provided actionable insights to senior management.Identified project risks and opportunities, analyzed their potential impacts on margins, and developed strategies to mitigate risks.Reviewed and approved project-related purchase orders, ensuring… Show more Led regular project review meetings with cross-functional teams, ensuring projects were progressing on schedule and within scope.Performed in-depth analysis of margin variances at various project stages, comparing forecasts and budgets, and provided actionable insights to senior management.Identified project risks and opportunities, analyzed their potential impacts on margins, and developed strategies to mitigate risks.Reviewed and approved project-related purchase orders, ensuring compliance with budgets and project plans.Collaborated with project teams to optimize margins during the execution phase, including revising cost forecasts for change orders and scope adjustments.Advised on the financial impacts of foreign currency transactions and implemented hedging strategies to mitigate forex risks.Managed treasury operations, including loans, letters of credit (LCs), and bank guarantees (BGs), ensuring effective cash management.Coordinated with the sales team to optimize payment milestones, aligning with the cash flow cycle to minimize impact on working capital.Handled local tax-related matters, including managing withholding tax compliance and related financial reporting.Organized regular accounts receivable (AR) and unbilled revenue meetings, ensuring timely cash inflows in line with financial forecasts. Show less

Dammam, Eastern, Saudi Arabia

Directed cash flow management and forecasting, ensuring liquidity optimization and financial planning aligned with organizational objectives.Prepared and presented various management reports to provide senior leadership with key financial insights and performance metrics.Managed all finance functions for a subsidiary overseas, overseeing financial reporting and ensuring alignment with corporate standards.Coordinated business trips and handled payroll-related matters, ensuring… Show more Directed cash flow management and forecasting, ensuring liquidity optimization and financial planning aligned with organizational objectives.Prepared and presented various management reports to provide senior leadership with key financial insights and performance metrics.Managed all finance functions for a subsidiary overseas, overseeing financial reporting and ensuring alignment with corporate standards.Coordinated business trips and handled payroll-related matters, ensuring compliance with policies and timely processing.Supervised, mentored, and trained junior accounting staff to foster a high-performing team and ensure adherence to best practices.Ensured compliance with the authority matrix, internal controls, and applicable laws and regulations, maintaining financial integrity.Facilitated communication with senior management, providing financial updates, insights, and strategic recommendations.Led process improvements in accounting operations, resulting in enhanced accuracy and efficiency.Managed withholding tax preparation and compliance, ensuring timely and accurate reporting.Conducted regular monitoring of general ledger accounts, identifying and resolving discrepancies to ensure financial accuracy.Led the preparation and execution of financial audits, including IKTVA and local content audits, ensuring compliance with regulatory requirements.Prepared annual budgets and oversaw their integration into SAP, supporting strategic financial planning.Identified potential financial risks, developed mitigation strategies, and improved overall risk management processes.Reviewed subordinate assignments, providing guidance and ensuring accurate and timely completion of tasks. Show less

Dammam

Prepared and managed bank loan requests and bank guarantees, ensuring compliance with financing agreements.Administered import/export letters of credit (LCs), ensuring proper documentation and timely payments.Managed vendor payments and recorded them in SAP, ensuring accuracy and compliance with payment terms.Conducted vendor and bank reconciliations, preparing journal entries (JVs) to maintain accurate financial records.Recorded and allocated collections according to IFRS… Show more Prepared and managed bank loan requests and bank guarantees, ensuring compliance with financing agreements.Administered import/export letters of credit (LCs), ensuring proper documentation and timely payments.Managed vendor payments and recorded them in SAP, ensuring accuracy and compliance with payment terms.Conducted vendor and bank reconciliations, preparing journal entries (JVs) to maintain accurate financial records.Recorded and allocated collections according to IFRS standards, ensuring proper revenue recognition.Assisted in year-end external audits, financial audits, and IKTVA audits, ensuring comprehensive and accurate reporting.Supported monthly closing activities, ensuring timely and accurate financial reporting.Monitored fixed assets and managed monthly depreciation schedules, ensuring proper accounting treatment.Processed accruals and other adjustment entries to maintain accurate financial records.Conducted data reviews to verify the accuracy of reported financial information and identified discrepancies for resolution. Show less

Bedford , United Kingdom

Master Of Business Administration - Mba, Financial Management, Merit

Member, Accounting And Finance

Advanced Diploma In Accounting And Business, Accounting, Pass

A Levels, Accounting And Business/Management