Parvez Siddiqui Email & Phone Number

United Kingdom

Manage finance function and hold executive director representations for Gibraltar based insurance companies of QIC Group.

Zurich

• Managing core financial functions: accounting, controlling, risk management and internal reporting• Coordinating and evaluating financial programs, budgeting, processes, IS/IT and strategic projects • Leading advanced fiscal analysis of financial data and segment/customer profitability• Coaching and motivating managers and teams, providing support and development opportunities• Monitoring and assessing asset versus liability to ensure a good balance and a robust fiscal position• Ensuring financial statements are issued on timely basis and according to local and group standards• Preparing documents for Board/Committees, contributing to company strategic planning process• Collaborating with external auditors/tax advisors to ensure compliance to local & international standards

Riyadh, Ksa

- Manages the core financial functions: accounting, controlling, treasury, risk controlling, and internal reporting.- Creates, coordinates and evaluates the financial programs and supports the information systems of Company.- Manages the processes and systems for formulating and evaluating business strategies/performance including planning, forecasting and budgeting, advanced analysis of financial data and segment / customer profitability.- Ensures that all financial statement are issued on timely basis and according to local and Group Standards.- Leads the Finance team to ensure the successfully and timely implementation of the agreed initiatives.- Coaches, develops and ensures the motivation of the managers & team and provide them with the needed support.- Establishes and follows up the investment strategy to maximize the return within the agreed framework.- Closely monitors the asset versus liability to ensure a good segregation of Assets and Liability.- Ensures secured accounting and collection of receivables via Branches.- Coordinates with the external auditors & tax advisors to ensure compliance with local & international standards- Prepares the documents for the Board & the Board Committees - Actively contributes to the Company Strategic Planning process.

Doha

- Consolidation and reporting on Group companies across Gulf- Preparing, monitoring and reporting on budgets- Accounts finalization and consolidation of all branches and company’s into Head Office financials- Compliance reporting and AML monitoring- Process and maintain treaty and reinsurance accounts- Reinsurance MIS including assimilation of underwriting/risk data.- Prepare and submit returns to regulating authorities- Build client relationships for ensuring prompt realization of receivables - Reviewing and authorizing all payments (insurance, reinsurance, claims and administration)- Cash flow management and reporting.- Generating on demand MIS and preparing monthly management reports for COO/CEO.

Head of finance & accounts, Administration, HR and IT

Included underwriting of Premium as per the Reinsurance Program, corresponding with re-insurers for cessions and claims, submitting Reinsurance accounts and returns to General Insurance Corporation (National Reinsurer), Insurance Regulatory & Development Authority, Reserve Bank of India (for foreign exchange remittance), and treaty re-insurers, and overseeing the accounting function in the Reinsurance Department. • The job profile also included gleaning and assimilation of data for Reinsurance Management Information Systems and also the preparation of statistics for submission to various reinsurers and brokers at the time of the RI Program renewal• Processing of payments, control of administrative costs at various area offices through budgeting, monitoring accounting and control of premium receipts, corresponding with banks in relation to investments, operation of accounts and cash management, accounting of general expenses and incomes, TDS, Service Tax, assisting in accounts finalization and audit, preparing weekly cash flows and financial MIS, monitoring funds for expenses and reporting surplus for investments, and other administrative work

Mumbai Area, India

Operational and Internal Audit

Aca, Acccounts And Finance

Associate, Finance & Accounts

Completed Articleship (Training) under Chartered Accountants Regulation Act with S. R. Dinodia & Co., K-39, Cannaught Place, New Delhi

Bachelor Of Commerce - Bcom, Accounting And Finance