Muhammad Naveed Hussain, ACA, CMA

Finance Manager at Tecon Limited
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Contact Information
us****@****om
(386) 825-5501
Location
Jeddah, Makkah, Saudi Arabia, SA

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Experience

    • United Arab Emirates
    • Construction
    • 200 - 300 Employee
    • Finance Manager
      • Jul 2019 - Present

    • Saudi Arabia
    • Construction
    • 400 - 500 Employee
    • Finance Manager
      • Oct 2010 - Jun 2019

      • Preparation of budgeted vs actual figures variance analysis, comparison of BUs financial performances based on KPIs, making the executive summary monthly and presenting it to the FD for the BOD. • Providing financial/ non-financial information to FP&A department, BU GMs and other executive staff to help them making important decisions. • Timely closure and reporting of management accounting books on a monthly basis for all the region legal entities and provision of monthly management information to all Business Unit managers within the reporting units. • Lead and mentor the accounting finance teams, managing and appraising a robust and driven finance team to support the region operations. • Compliance with all Statutory and Tax reporting requirements for assigned Legal Entities including acting as focal point for annual audits, tax returns and other legal filings. • Preparation and analysis of all Financial Planning (forecast and budget) for all business units within remit, in line with Corporate schedules, and as per ad hoc requests of Business Unit managers and VP Finance. • Act as business partner to General Managers and Operational Managers to develop tactical business plan and maximise growth opportunities. Regular visits to all sites in the region expected to support adequately. • Contribute to continual process improvements to develop and streamline existing processes and to ensure robust controls exist across the organisation (including control points managed by non-finance personnel). Ensure strict adherence to the Delegation of Authority policy and travel and expenditure policy. • Ensure that Balance Sheets are fully reconciled on Monthly basis in all the legal entities within reporting units. Show less

    • Business Consulting and Services
    • 700 & Above Employee
    • Audit Supervisor
      • Jan 2008 - Jun 2008

    • Audit Supervisor
      • Jan 2005 - Jun 2008

      • Conducted statutory and system audits.• Developed comprehensive understanding of business and operations as well as accounting and internal control system identifying risk areas during the process.• Set audit objectives, control risk assessment, make up of overall audit strategies, designed tests of controls (TOCs) and drawing detailed audit approach including substantive tests (TODs) in consultation with engagement partner.• Supervised execution of audit, monitoring and reviewing audit teams’ performance.• Prepared reporting documentation, discussion with client on highlighted matters, issuance and communication of final reports and other correspondence.• Planned and Developed work programs, methodology and disclosures.• Meetings with clients to research & resolve complex issues & removal of expectation gap.• Realization of audit objectives by execution of the audit as per audit planning while identifying critical issues having impact on audit planning• Preparation of interim and annual financial statements of different organisations• Assessment of financial statements to ensure their compliance with requirements of local laws, Regulation and International Financial Reporting Framework (IFRS)• Assistance in the conduct of QCR of the ICAP for the purpose of satisfactory rating Show less

    • Audit Supervisor
      • Jan 2007 - Jun 2007

Education

  • The Institute of Chartered Accountants of Pakistan
    Chartered Accountant, Finance, Accounts, Audit, TAX and performance evaluation
    2005 - 2010
  • Institute of Management Accountants, USA
    Cost and Management Accountant, Management Accountant
    2013 - 2015

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