Moinuddin Shaikh

Chief Accountant at ALMAJD ALARABIAH
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Riyadh, Saudi Arabia, SA

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
You need to have a working account to view this content.

Experience

    • Saudi Arabia
    • Hospitality
    • 1 - 100 Employee
    • Chief Accountant
      • Apr 2018 - Present

      Reporting Line Owning Company Director of Finance. I was the Finance Lead in this newly opened hotel with approximately 2000+ rooms in Makkah Mukarramah. Managed and reviewed all accounting operations including A/P, A/R, F/A, and Internal Controls. Reporting Line Owning Company Director of Finance. I was the Finance Lead in this newly opened hotel with approximately 2000+ rooms in Makkah Mukarramah. Managed and reviewed all accounting operations including A/P, A/R, F/A, and Internal Controls.

  • Tiara Hotel
    • Al-Riyadh Governorate, Saudi Arabia
    • Finance Manager
      • Dec 2016 - Nov 2017

      Reporting Line Owning Company Chief Finance Officer. Ensuring accuracy of forecast, budget, profit & loss statement, and compliance reports for the business. Analyze financial data, trends, and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize hotel’s bottom line. Calculate ROI for capital projects. Review and ensure cash flow performance of the hotel through controls on inventory credit collection, disbursements, deposits, and remittances. Review Finance department employee’s performance recommend actions – where required Show less

    • Hospitality
    • 1 - 100 Employee
    • Ast Finance & BS Manager
      • Aug 2009 - Nov 2016

      • Handled Finance & Business Support Manager’s responsibilities from May, 2012 to Nov, 2016. • Fully responsible for month end closing and reporting. • Assisted in dept team KPO and performance evaluation. • Assisted in preparation & reporting of budget and forecast • Handled IHG fee payments & WHT as per management contract and government requirements. • Reviewed all GL accounts reconciliations and action taken to resolve the issues. • Implemented daily department meeting to discuss and resolve the department issues. • Interacts with other departments for internal controls accounting related matters. • Coordinated with Internal and External Auditors. • Assisted in Preparation and Implementation Internal controls and policies. • Performed monthly inspections and test to ensure all departments are complying with P&P. Show less

    • Saudi Arabia
    • Hospitality
    • 1 - 100 Employee
    • Various Positions in Finance dept
      • Nov 1998 - Jul 2009

      Fully handled month end closing and reporting to head office, area office, owning company etc. during Financial Controller’s vacation. Participated in annual budget preparation using ERP. Prepared all journal vouchers including allocation JVs for the month end closing. Performed month end closing independently, prepared monthly reports for head office & corporate office submission. Performed monthly balance sheet accounts reconciliation. Prepared monthly Financial Statements and distributed to Area Office & HOD. Written monthly financial statements comments. Defined Accounts and department codes in COA definition at the time MFF installation. Written many programs for Accounts, Sales & Front Office in MS Excel using Visual Basic. Income Auditor Worked under the direct supervision of the AFC/FC, responsible for ensuring all revenues generated in the hotel are recorded accurately and discrepancies reported on a timely basis. Produces daily revenue report and reconciles all revenues against cash banked and accounts receivable movements for each day. Ensures that all revenues are recorded and reported on a daily basis and all control procedures for Rooms, Food & Beverage etc. etc. are in place relating to the income process. Ensures all rebates and miscellaneous charges are supported by documentation detailing the charges. Cost Controller/Financial Accountant Worked under the direct supervision of the AFC/FC responsible for ensuring “Food Cost” report for Executive Chef and senior managements, produce costing for Food Transfers, Banquet Buffet & Functions, and Restaurant’s Menu/Buffet. Assisted for all F&B outlets Beverage, Main Kitchen Food & All Stores inventory taking. Produce month end F&B, General Main Store & Engineering closing reports. Reconcile all inventory accounts with balance sheet. Show less

Education

  • Trans World Tutorial College - UK
    Diploma in Bookkeeping and Accounts, Accounts
    1985 - 1986
  • Karachi University
    Bachelor's degree
    1981 - 1983
  • Trans-World Tutorial College Greate Britain
    Diploma in Bookkeeping and Accounts, Finance

Community

You need to have a working account to view this content. Click here to join now