Syed Abdul Rasheed Email & Phone Number

Riyadh

Key Responsibilities Accounting • Head operations of the accounting and finance department aided by a team of junior accountants and ensure that standard accounting practices are followed. • Monitor accounting systems and procedures; ensure that these are in adherence with company policies and accounting standards. • Identify system impediments and procedural bottlenecks, diagnose causes and effect improvements to enhance system efficiency. • Prepare and review financial and… Show more Key Responsibilities Accounting • Head operations of the accounting and finance department aided by a team of junior accountants and ensure that standard accounting practices are followed. • Monitor accounting systems and procedures; ensure that these are in adherence with company policies and accounting standards. • Identify system impediments and procedural bottlenecks, diagnose causes and effect improvements to enhance system efficiency. • Prepare and review financial and accounting statements and reports, check for accuracy and respond to annual audit queries raised. • Complete and submit all statutory reports to regulatory authorities; responsible for disclosure of financial information as mandated. • Analyze monthly financial reports, highlight overheads and expenses, and suggest measures to reduce these. • As part of liquidity management monitor daily cash flow statement and maintain positive cash flow. • Oversee monthly bank reconciliation, detect discrepancies and complete bank reconciliation at regular intervals to ensure company’s cash records are accurate. • Prepare annual budget, exercise budgetary control, conduct variance analysis and take measures to correct deviations. • Manage accounts receivable and accounts payable, and ensure payments made and receipts are within established deadlines. Show less

Dammam

Key Responsibilities • Managed the preparation of payroll and disbursal of monthly payments for the company with employee strength of 2300, and made postings under accurate account heads• Supported in payroll applications incorporating all probale check and controls to generate the payroll and direct journal posting to accounts, which is still is use by the company. • Oversaw accounts reconciliation of general ledger accounts - debtors, creditors, pre-paid accounts; identified… Show more Key Responsibilities • Managed the preparation of payroll and disbursal of monthly payments for the company with employee strength of 2300, and made postings under accurate account heads• Supported in payroll applications incorporating all probale check and controls to generate the payroll and direct journal posting to accounts, which is still is use by the company. • Oversaw accounts reconciliation of general ledger accounts - debtors, creditors, pre-paid accounts; identified discrepancies (if any) and rectified them. • Managed trial balance reconciliation, and ensured that account balances were accurately extracted from accounting ledgers. • Handled passing of journal entries for reconciliation of P&L report, and reconciliation of bank accounts to match company transactions. • Prepared budgets and conducted variance analysis; monitored project performance and developed MIS reports to provide project status. • Coordinated with internal and external auditors during audits and provided necessary accounting records and financial statements to them. • Created data backups to facilitate data retrieval and ensured data integrity. Show less

Higher Diploma In Software Engineering (Hdse), Dbase Iv/ Foxpro / Cobol / Oracle / Unix / Windows

Bachelor Of Commerce (B.Com.), Business/Commerce, General

International Diploma In Computers Programming Applications ( Idcpa), Dbase Iv / Foxpro

Higher Secondary - Junior College, Commerce / Accounting /Maths

Secondary School, Business/Commerce, General