Zohaib Idrees Email & Phone Number

Lahore, Pk

Lahore, Punjab, Pakistan

Jeddah, Makkah, Saudi Arabia

Monitor and Analyze accounting records and produce financials statements.Establish and enforce proper accounting methods, policies and procedures.Liaise with external auditor and facilitate in financial statement validation.Produce and analyze monthly revenue & collection reports by sector & region and investigate the variances with concern departments.Produce and analyze monthly customers aging reports and follow up with concern departments for collections.Review monthly and quarterly accruals, advances and amortization.Review and approve costing of projects and determine profitability.Calculate the expected credit loss on trade receivables.Review balance reconciliation on monthly and quarterly basis.Review and approve actuarial evaluation.

Riyadh, Saudi Arabia

Preparing Interim, Projected & Final Financial Statements (Financial Position, Profit & Loss, Cash flow and SOCE) according to IAS & IFRS.Reviewing departments budgets and provide feedforward and feedback decision to Management.Review monthly payroll and posting their accruals for Salaries, Vacations, Tickets & End of service.Preparing working capital cycle dashboard and investigate the findings with end user.Review LC, LG, Financial leases schedule & PFF loan reports on weekly basis.Reviewing stock reconciliation and inquire about discrepancies with warehouses director.Review monthly bank reconciliation and filling VAT, Withholding Tax & Income Tax. Review the costing of each projects & sites as per their costing drivers.Executing monthly closing of sub ledgers and ledger on time.Review WIP & POC reports on monthly basis.Posting of addition/disposal of fixed assets.Implementation of e-invoicing & dealing with GAZT to provide the detail invoices for payable & receivable VAT.

Riyadh, Saudi Arabia

Create and drive recommendations to executive leadership on Consumer pricing strategies portfolio vision and communicate pricing strategy structure policies and processes to organization.Contribute in developing competitive pricing structures and define prices for all consumer voice & data products & value propositions to achieve target revenue and profit marginsAnalyze reports/data competition and market trends to identify gaps and develop pricing proposals.Monitor pricing developments competitive moves and market trends in order to proactively adjust the prices of products and maintain competitive edge. Prepare and update competition landscape for the management across various segments.Evaluating financial aspects of products with variable and fixed factors.Review post launch evaluations of various promotions to gauge success and manage database for reference in order to have more effective price decisions in future.Maintaining portfolio of products enhance the profitability by effective relevant factor.

Riyadh, Saudi Arabia

Proposed accounting treatments in line with the International Financial Reporting Standards (IFRS).Prepared management visualized reports and dashboards by using Tableau & Think-cell.Reviewed departmental policies and accounting procedures on periodic basis to enhance the departmental productivity.Preparing Monthly payment plan for vendors in multiple currencies according to aging.Implemented the automation of P2P cycle.(Paperless environment) Analyzed and inquired expenses and accrual trends via oracle discoverer reporting tool and reporting to financial reporting department within deadline.Reporting budgeting of each cost centers vs actual and investigate the variances with head of department.Exporting Monthly all GL accounts and ensure each transaction recorded properly.Evaluated the terms and conditions of contracts and suggesting the changes in policies accordingly.Reconciled and consolidated Intercompany ledgers on monthly basis along Bank reconciliation.Supported Internal/External auditors quarterly by effective integrated reporting.Inquired hold events while closing period via period close exception report.Reviewed depreciation & amortization of prepaid expenses on the monthly basis.Justified budget variances to reviewing and analyzing by cost centers and accounts and suggesting feedforward recommendations.Approved purchase requisition by accounting allocation and responsible for improvements and modifications in the chart of accounts.

Riyadh, Saudi Arabia

Lead end-to-end internal audit assignments. Manage audit planning, fieldwork and reporting phases through annual risk assessments.Performed and controlled the full audit cycle including risk management and controlled management over operations, effectiveness, financial reliability and compliance with all applicable directives and regulations.Liaised with senior/middle management and client managers as appropriate in the planning and conduct of audit assignments.Developed and communicate internal audit activity report quarterly with the audit Committee. Obtained analyses and evaluate accounting documentation, previous reports and data flowcharts.Drove resilience and ability to thrive in a pressured environment.

Lahore, Punjab, Pakistan

Team member of ERP Implementation financials in textile sector, configuration and subledgers accounts payable and account receivables.Implement P2P and O2C full cycle.Transferred all clients records in ERP and configuration of asset module.

Accounting And Finance

Bachelor'S Degree, Accounting And Finance

Activities and Societies: Chess Played