Mohammed Areef

Assistant Financial Controller at Alargan Projects Co. مشاريع الأرجان
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Contact Information
us****@****om
(386) 825-5501
Location
Riyadh, Saudi Arabia, SA

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Mr. Areef is a conscientious hard working individual. He is trust worthy and good at what he does. I recommend him whole heartedly.

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Experience

    • Saudi Arabia
    • Real Estate
    • 1 - 100 Employee
    • Assistant Financial Controller
      • Jun 2021 - Present
    • United States
    • 1 - 100 Employee
    • Chief Accountant/Accounting manager
      • Oct 2007 - May 2021

      Look after all financial and accounting activities which include budgeting,financial analysis and reporting Look after all financial and accounting activities which include budgeting,financial analysis and reporting

    • Saudi Arabia
    • Oil and Gas
    • 1 - 100 Employee
    • Financial Accounting & Reporting
      • Oct 2007 - May 2021

      Managing and overseeing all accounting/ financial disciplines, including financial budgeting and forecasting, management reports in alignment with the company's strategy and operations.* Monitoring processing of month and year-end close for numerous companies under the HBW umbrella including intercompany activity.* Supervising all accounting procedures, maintaining general ledgers, reconciliation of accounts, preparation of trial balance and financial statements. * Facilitating internal & external audit of company's accounts and providing required reports/ information to the auditors to assure timely completion in compliance with established audit processes.* Liaising with bankers regarding financial transactions, tracking bank balance as well as for issuance of LG and/or LC's from correspondent bank for clients and vendors respectively.Budgeting & Forecasting:* Preparing and coordinating in consolidated annual master budget including subsidiaries, arranging meetings with department heads including Budgeting Manager and CFO and reviewing their submitted data as per the company long and short term planning and making sure that the budget is align with the company strategy, preparing sensitivity analysis for the budgeted figures, making variance report vs. budgeted & actual for taking timely corrective actions for achieving the established goals, preparing PowerPoint budget presentation for presenting to board member for their approval. Liaising with Financial Controller & to department heads to solve day to day budget issues. Project Cost & Internal Controls:* Generating project reports on a regular basis, analyzing the discrepancies and reporting the findings to management for further action. * Time to time necessary visits to projects to ensure the internal controls, Budgets, audits, and submitting the reports to the department heads/CFO. Show less

    • Chief accountant/Accounting manager
      • Oct 2007 - May 2021

      please refer to attached resume

    • United States
    • Individual and Family Services
    • Accountant Cum Procurement coordinator
      • Apr 2000 - Sep 2007

      Key Responsibilities:* Examined/analyzed journal/ledger entries, bank statements, inventories, expenditures, tax returns, other accounting/financial records, documents and systems to ensure accuracy and compliance with established accounting standards and procedures. * Assisted in compilation of financial planning/ forecasting reports, budget/ planning exercise for investments or financial opportunities, general ledger and sub-ledger systems reconciliations within specified time. * Prepared monthly budgets, financial statements, trial balance, bank reconciliations enabling smooth finalization of accounts. * Analyzed accounts, provided segment level explanations of balance and fluctuations during trial balance reviews, performed risk assessment for accounting positions and promptly communicating issues to management with options and/or recommendations. * Streamlined and controlled accounting activities, ensuring the timeliness, accuracy and analyzed variance and implemented corrective actions as required by management.* Assisted & Coordinated with Procurement manager, related vendors in procuring required material for various projects. Show less

    • Accountant Cum Procurement coordinator
      • Apr 2000 - Sep 2007

      Saudi Arabia Key Responsibilities:• Examined/analyzed journal/ledger entries, bank statements, inventories, expenditures, tax returns, other accounting/financial records, documents and systems to ensure accuracy and compliance with established accounting standards and procedures. • Assisted in compilation of financial planning/ forecasting reports, budget/ planning exercise for investments or financial opportunities, general ledger and sub-ledger systems reconciliations within specified time. • Prepared monthly budgets, financial statements, trial balance, bank reconciliations enabling smooth finalization of accounts. • Analyzed accounts, provided segment level explanations of balance and fluctuations during trial balance reviews, performed risk assessment for accounting positions and promptly communicating issues to management with options and/or recommendations. • Streamlined and controlled accounting activities, ensuring the timeliness, accuracy and analyzed variance and implemented corrective actions as required by management.• Assisted & Coordinated with Procurement manager, related vendors in procuring required material for various projects. Show less

Education

  • Osmania University
    Osmania University, Hyderabad, India, Business/Commerce, General
    1995 - 1997
  • Osmania University
    Bachelor's degree; diploma, Advanced, Management and Cost Accounting
  • Kakatiya University
    Master of Business Administration (M.B.A.), Open university
    2011 -
  • Cheonggang Academy

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