Hamid Raza
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Hamid Raza Email & Phone Number

Financial Operations Management | SAP ERP |
Location: Riyadh, Saudi Arabia 4 work roles 1 school
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Role
Financial Operations Management | SAP ERP |
Location
Riyadh, Saudi Arabia

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Hamid Raza is listed as Financial Operations Management | SAP ERP | based in Riyadh, Saudi Arabia. AeroLeads shows a matched LinkedIn profile for Hamid Raza.

Hamid Raza previously worked as Finance Manager at Al Ghassan Motors and Senior Accountant at Nawah Healthcare. Hamid Raza holds Bachelor Of Commerce - Bcom, Accounting And Finance from University Of The Punjab.

Profile bio

About Hamid Raza

Accomplished finance professional with extensive expertise in accounting and financial operations Led ateam of over 20 accounting specialists in managing high-volume accounting and finance operations,ensuring seamless daily financial activities in Automotive, Healthcare, FMCG, Manufacturing, and Tradeindustries in KSA, backed by over 15+ years of hands-on accounting experience. Exceptional communicatoradept at collaborating with individuals at all organizational levels to interpret, analyze, and derive insightsfrom complex financial data. Possesses outstanding technical skills, with a strong ability to integratetechnology to enhance the accuracy and efficiency of accounting practices.Core Skills:• Specialized in month-end closing activities, overseeing finance team operations including AccountsPayable (AP), Accounts Receivable (AR), General Ledger (GL), Inventory, Payroll and banking sections.Review & analyze trial balance.• Skilled in preparing & analyzing financial statements, ensured compliance with internal and externalaudits and led team management, budget comparison and variance analysis, managed loans and funds.• Certified in VAT (Morgan International Bahrain), Business Ethics, FCPA and Trade Sanctions Awareness.• Proficient in SAP ERP and Power BI reporting, with experience in Key loop Autoline, IBM CICS, IDS, and IScala software.

4 roles

Hamid Raza work experience

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Finance Manager

Jeddah, Makkah, Saudi Arabia

leading the way for luxury car sales and aftersales in the Kingdom of Saudi Arabia & Bahrain.Worked as Finance Manager, managed the accounting team, month end close, monthly consolidated reporting, internal controls and process improvements. Role included to accomplish financial tasks for showroom & aftersales operations in KSA.• Managed a team of 6 accounting specialists responsible for payroll, accounts receivables & payables, billing, collections, payments and overall Infiniti showrooms & aftersales financial operations.• Ensure accurate and efficient accounting while managing all financial aspects of daily operations.• Create and implement systems to significantly increased productivity, accuracy and the efficiency of accounting practices.• Analyze and interpret complex data and provide detailed financial reporting for the executive team. • Lead coordination to ensure completion of the month-end tasks, established Reconciliations Matrix which covers the ownership, timelines, documentation, reporting and maintaining accounting ledgers.• Generate financial reports, prepare income statement & analyze budget variances and respond to financial enquiries for the executive team timely.• Ensure accuracy of all transactions posted related to sales, purchases, operational expenses, cash accounts and all internal costs are charged accurately in compliance with the company policy.• Verify FA, prepayments, accruals schedules for recurring and validate Infiniti payroll for processing.• Review & approve vehicle sales deals, validate sale prices & ensure all costs to invoicing are accurate. • liaison with Accounts Receivables, manage rental agreements, monitor their revenue and collections. • Report daily sales forecast, Infiniti collections & projected collections, validate Infiniti sales commissions.• Ensure costing of new vehicles & parts are precisely updated, skilled in VSB.• Vehicle’s Inventory management; new car, used car, demo and company vehicles

Mar 2015 - Apr 2023

Senior Accountant

Riyadh, Saudi Arabia

Dealing in diverse range of medical products and services that set the reference standard for patient care expertise and medical technology in the Middle East.Worked as a Senior accountant actively Chief accountant for 4 years, supported the finance manager with all functional reporting, monthly close and transactional accounting process.Part of SAP core team in SAP implementation process. Key responsibilities included• Oversaw all cash disbursements, review all JV’s, bank reconciliations, general ledger postings, ensures all transactions conformity in compliance with company policy.• Coordinating with the team for timely month-end closing process, reconciliation of general ledger accounts, analyzing GL and variations in financial accounts & review balance sheet accounts.• Fixed assets management, processing recurring entries of prepayments, accruals and FA.• Inventory management- analyzed large volume of complex financial information, prepared monthly inventory aging & analysis repots, accuracy and timeliness of inventory controls, oversee Costing of material received for stocking, lead stock counts of medical equipment’s & spare parts.• Closely worked with the supply chain, review & verification of purchase orders (for customers & stock purpose) analyzing with the stock availability, Verification of prices & ordered quantity.• analyzing service contracts & monitor stock transfer to biomedical engineers for service contracts.

Jul 2011 - Feb 2015

Regional Accountant

Riyadh, Saudi Arabia

Luna is a famous & leading food stuff brand in Saudi Arabia. Worked as a Regional Accountant for 4 years of the central region (Riyadh/Qasim/Hail/Wadi Dawaser). Reporting to Finance manager, supported the wider sales and accounts team with accounts receivables, accounts reconciliations, customer’s management, comparison reports and assisted in branch operating budgets and cost reductions.Participated in SAP Implementation, skilled in SAP ERP, Internal controls, accounts receivables, • Maintained Account Receivables (Key account, whole sale, mini market, van sales) of the region, prepared weekly receivables status report of the region and follow up with regional sales managers/supervisors for outstanding collections. • Managed customer’s accounts and credit limits as per the contracts, credit analysis reporting & credit Control management of the central region.• Warehouses management, exercising monthly stock counts of Riyadh & Qasim’s warehouses, Van sales stocks and timely highlighting & reporting of near expire and damaged products in the warehouses.• Controlling expenses & cash disbursements of the central region.

Mar 2007 - Jun 2011

Accountant

Riyadh, Saudi Arabia

Worked as an Accountant in JAMED-Low Voltage Panel Board Factory (manufacturing division).Maintained receivable accounts, monitoring, reporting & follow up of receivable accounts, maintained local & foreign payable accounts (costing of material received from foreign suppliers) and Inventory management. Project costing (cost allocation & control of material issued to different projects). Expenses & cash management, Internal Controls, payroll processing of the JAMED-LVPB factory.

Oct 2004 - Mar 2007
1 education record

Hamid Raza education

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What is Hamid Raza's role at their current company?

Hamid Raza is listed as Financial Operations Management | SAP ERP |.

Where is Hamid Raza based?

Hamid Raza is based in Riyadh, Saudi Arabia.

What companies has Hamid Raza worked for?

Hamid Raza has worked for Al Ghassan Motors, Nawah Healthcare, National Food Industries Company Ltd., and Juffali.

How can I contact Hamid Raza?

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What schools did Hamid Raza attend?

Hamid Raza holds Bachelor Of Commerce - Bcom, Accounting And Finance from University Of The Punjab.

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