Rizwan Qureshi Email & Phone Number

Riyadh, Saudi Arabia

• Evaluated credit applications, determining risk classification and approving credit requests totaling SAR500K, demonstrating sound judgment & risk management expertise.• Conducted thorough analysis of daily sales orders amounting to SAR800K+, promptly releasing or holding orders based on real-time demand fluctuations, ensuring optimal inventory management and customer satisfaction.• Managed cash flow effectively and reduced debtor days through proactive communication with customers, enhancing liquidity & financial stability.• Implemented & optimized credit management processes, ensuring smooth operations and minimizing credit risk exposure, contributing to overall financial health & sustainability.• Established a robust Accounting Management Information System (MIS), enhancing AR/AP reporting & data management capabilities, facilitating accurate financial projections, credit analysis & audit compliance.• Collaborated with Business Units & the Head of Finance to conduct a comprehensive working capital study, closely monitoring trade receivables to eliminate overdue balances & optimize working capital efficiency.• Led a team of 5 Credit Department personnel across KSA, UAE, Egypt & Turkey, resulting in a significant improvement in Cash Collection Rate by 40%, demonstrating effective leadership and team coordination skills.

Saudi Arabia

•Conducted in-depth analysis of fixed asset general ledger accounts & depreciation expenditure, providing insightful reports to management regarding fluctuations, thus enabling informed decision-making.• Facilitated Enterprise Risk Management and Measurement Process by working with management to ensure key business risks were identified, internal controls exist to mitigate risks, and risk indicators are developed and monitored regularly.• Development of the internal audit strategic plan and annual risk-based audit plan and managed all aspects of the audit process. In addition, worked to ensure efficiency and effectiveness of the audit process.• Lead audits to execute against the department’s Audit Plan, provide assurance over, make recommendations, report results and develop mutually agreed upon findings and corrective actions for continuous improvement of financial, operational, regulatory, and other business processes and internal controls. This includes the assessment of the adequacy of internal controls over financial reporting.• Audited tax computation, submission, and internal/external audits, ensuring adherence to regulatory requirements and minimizing financial risks.• Assisted in audits related due diligence activities on potential mergers and acquisitions.• Developed and maintained relationships with internal audit stakeholders including senior management, business process owners, external auditors, regulators, board of directors and audit committee.• Provided value added recommendations to management on various consulting engagements requested from senior management and coordinated with external auditors on various accounting treatments.• Executed risk based internal audit reviews to different divisions which includes Finance, Marketing and Sales, and Operation Divisions using different applications, such as SAP, Focus.• Prepared reports of observations leveraging best practices and aligning recommendations with regulatory requirements.

India

• Assisting the auditor in designing the client annual audit plan and the engagement's audit programs.• Conducted client audit assignments: Account Payable, Procurement audit, Payroll audit, Cash audit, inventory control.• Assist in writing client final audit reports documenting the findings and recommendations.• Communicating with audit team and advising on correction and improvement of issues detected in audits.• Suggest and prepare appropriate adjusting entries to amend errors found during the audit.

Master Of Business Administration - Mba, Accounting And Finance, First

Master Of Business Administration - Mba, Accounting And Finance

Bachelor In Commerce, Accounting, 1St