Toufiq Ahmed Siddiqui Email & Phone Number

Jeddah, Makkah, Saudi Arabia

• Assists in the implementation of assets handover and post hand over asset dealing assets periodic counting.• Monitor office and hotel's assets costs, and ensure these are within approved budgets• Implement overall Asset Management strategy for Thakher in line with the overall strategy and policy • Manage the team of the consultants to ensure timely delivery of asset list and there mapping in ERP.• Formulate reports for fixed assets• Work with management in handling conflicts or issues with the operators for asset handover• To represent Finance in meetings with the asset counting consultants. • Responsible for the physical tagging of the Thakher assets with the help from consultants.• Coordination with hotel management and concerned person at other offices for additions, transfers and retirements of assets.• Ensure effective communication and reports are being obtained from third party for Thakher properties and provide the same to the Management.• Ensure the asset register is kept up to date and meets the data standard requirements• Monitor expenditure against forecasts/budgets ensuring that funds are spent appropriately, • Assisting with budgets• Posting of asset depreciation and write off• Assist in vendor evaluation for fixed assets.• Assist in monthly closings and vendor reconciliations• Assist in reconciling all balance sheet and income statement accounts on a monthly/quarterly basis as indicated by the monthly closing schedule.• Provide help and necessary support to the finance function.

Jeddah Governorate, Saudi Arabia

I have been working on Oracle Financials System and have comprehensive knowledge and expertise of following modules:Accounts Payables (registering invoices / invoice bacthes, manual vouchers, receipt vouchers etc.) o Keep records of invoices, customers/suppliers/vendors and establish, maintain and balance various accounts payableso Post journal entries and reconcile accounts payables, prepare trial balance of books, maintain general ledgers and prepare financial statementso Calculate and prepare cheques for suppliers and other billso Prepare other statistical, financial and accounting reportsAccounts Receivables (creating invoices, debit / credit memos, etc.)o Keep record of invoices, customers/employees, and establish, maintain and balance various accounts receivableso Post journal entries, reconcile accounts receivables and maintain statement of accountso Identify and clarify payment discrepancieso Issue intercompany invoiceso Create Debit and Credit MemosGeneral Ledgero Post journal entries, reconcile GL trial balances of books, maintain general ledgers and prepare financial statementsPayroll (salaries, allowances, deductions, vacation pay etc. and uploading on banks payroll system)o Calculate salaries and allowanceso Keep track of employees receivableso Calculate and prepare cheques/online transfers for payrollso Calculate annual vacation payments, and other allowanceso Calculate accruals of vacations, airfare ticket, end-of-service benefits and other allowancesPrepare Bank ReconciliationPrepare other statistical, financial and accounting reportsMoreover, I am also responsible for correspondence with site offices and vendors.

o Accounts Payables (registering invoices / invoice bacthes, manual vouchers, receipt vouchers, petty cash expenses etc.) o Accounts Receivables (creating invoices, debit / credit memos, etc.)o Payroll (calculating, salaries, allowances, deductions, vacation pay etc. and uploading on banks payroll system)o Coordination between Sales and Administration departments o Work on SAP B1 (ERP) to prepare various documentso Preparation of all export and import documents which includes Form E, Commercial invoice, Packing list, Insurance, Certificate of origin, Form I etc.o Make arrangements with the clearing & forwarding agent for air or sea shipment.o Follow-up with the customer (export) for payment.

Major ResponsibilitiesGeneral management, Planning, Organizing, Directing, Controlling different functions, Budgeting, planning & organizing events which includes Seminars, Workshops & Exhibitions, Interaction with Students and Supervise juniors for other Operational affairs.Other ExperienceWeb Content Management and MaintenanceMaintain and manage the contents, layouts and records of different websites.