Experience

RAWEC - Rabigh Arabian Water & Electricity Company

• Saudi Arabia
• Utilities
• 1 - 100 Employee

• Chief Financial Officer

  • Feb 2022 - Present



Professional Accountants Forum

• Executive Committee Member

  • Jan 2000 - Present



Saudi Tabreed District Cooling Company

• Saudi Arabia
• Utilities
• 100 - 200 Employee

• Group Finance Manager

  • Mar 2009 - Feb 2022

  Joining Date; March 2009Directs the finance, accounting and control functions, managing the day-to-day accountingprocesses, and reporting the results of operations.Responsibilities and duties:• Responsible for the overall functions of the finance/accounting department including financialreporting and control, Budgeting & Forecasting, Cash flow management, Banks, Zakat &Taxation and project finance• Develops and implements accounting policies and procedures,• Provides advice on all financial matters to the management & Group CFO.• Management, development and motivation of the Accounts and Finance personnel• Ensures maintenance of the company's system of accounts and keep books and records on all company transactions and assets• Manages the financial reporting, present it to senior management and other stakeholders• Analytically review the performance against the budgets, interprets the results and provide to higher management for appropriate decision.• Review the profit planning and financing, sales forecasts, expense budgets and cost standards on periodic basis together with necessary controls and procedures to effectuate the plan• Ensures compliance with all accounting and financial policies and procedures• Coordinate year end audits and serves as a liaison between the company and auditor• Supervise the preparation of reports to government and regulatory agencies.• Provides departmental heads with information required by them to carry out their assigned responsibilities• Assures protection for the assets of the business through internal control, internal auditing and assuring proper insurance coverage• Maintains vendor and customer relations• Review & process monthly payroll



Institute of Chartered Accountants of Pakistan - KSA Chapter - Khobar Branch

• Member CPD Committee

  • Dec 2008 - Dec 2012



DP World

• United Arab Emirates
• Transportation, Logistics, Supply Chain and Storage
• 700 & Above Employee

• Finance Manager

  • 2002 - 2009

  Reporting to the CFO, principal responsibilities includes:Accounting & MIS• Supervise & manage all aspect of accounting• Provide timely & accurate financial reports to Region & Head Office• Establish & strengthen the controls for revenue realizations, revenue entrapment & payment processes• Ensure timely preparation of monthly accounts, five year plans, budget, quarterly reforecast & monthly Performance Review Process Report• Liaise with other departments to prepare departmental budget• Closely monitor effective working of various accounting software running in department & recommend changes where required due to any new development.Management / Banking / Taxation• Develop & maintain suitable methods of measuring the movements in identified costs• Develop & maintain efficient & effective financial processes, policies & systems• Review the budget submitted by departments & provides necessary advice to re-align with business plan• Monitor debtors, cash-flows, loan indicators including undertaking remedial action• Monitor the treasury function & manage the foreign exchange exposure of the company• Ensure all assets are properly insured & liaise with insurance companies• Liaise closely with Port Authority for all related issues• Liaise with regional / Head office for matters where required• Involve in process of wage fixation & implement increment structure for finance staff• Identify areas of cost control & provide suitable steps for cost reduction & cost control• Analyze the financial implications of the commercial terms agreed with customers & provide remedial advice to remove the implications\mitigate riskAdministration• Coordinate staff activities in department• Supervise team & provide support in prompt processing of task• Ensure statutory requirements are properly meets• Provide insurance, legal & taxation adviceOthers• Project Manager for Oracle Implementation• Certified Internal Quality Auditor• ISO 9001



SLB

• United States
• Technology, Information and Internet
• 700 & Above Employee

• Business Analyst

  • 1999 - 2002

  As Business Analyst, principal responsibilities for different product lines/ segments includes:• Add value to business by providing support to operations through understanding of business needs,• Preparation of ABS (approved bid statement) and forecast/tender P&L for Anadrill & SchlumbergerDrilling services,• Ensure proper maintenance of books of account for Anadrill & Geoquest,• Ensure implementation of company’s financial accounting and internal control polices,• Work closely with operation managers & provide support on finance related matters,In September 2001 became Controller of Karachi Branch office, looking after the business of Karachi.It includes:• Over all affairs of the branch including administration of Karachi office• All dealing with Karachi based clients namely BP Pakistan, Pakistan Petroleum Ltd, ENI Pakistan Limited.• Monitoring of treasury function including cash flow management of the company.



Eni

• Italy
• Oil and Gas
• 700 & Above Employee

• Joint Venture Accountant

  • 1995 - 1999

  As Financial Accountant, principal responsibilities for different joint ventures & concessions includes:JOINT VENTURE REPORTING• Financial reporting to Joint Venture Partners,• Preparation of monthly Joint Venture billing statements,• Preparation of monthly Joint Venture cash call.TREASURY FUNCTIONS• Reviewing Bank reconciliations,• Ensuring proper maintenance of bank books,• Coordinating with the banks.OTHERS• Preparation of monthly expenditure forecast,• Preparation of Authorization for Expenditure wise cost control report,• Monitor cash expenditure Vs cash call,• Reconcile ledger with billing statements,• Ensuring proper conduct of audit carried out by Joint Venture Partners.HEALTH & SAFETY ENVIRONMENT (HSE) RESPONSIBILITYMember fire fighting team.



A F Ferguson & Co

• Business Consulting and Services
• 700 & Above Employee

• Audit

  • 1990 - 1995

  Joined as “Audit Senior", responsiblefor various assignments pertaining to statutory audit, special audit, investigation and other allied matters. This interalia, includes:Audit planning, execution and finalization, Supervision and review of the work carried out by the audit staff, Discussions and meetings with various level of clients’ management, Advising clients on various accounting and taxation matters, Enhancing client/firm relationship.Special AssignmentsIndependently performed the following special assignments for various organizations:Preparation of joint venture accounts of different concessions, Review and evaluation of system of internal control, Internal audit functions, Preparation and maintenance of fixed assets register, Audit of Workers Profit Participation Fund, Audit of Provident and Gratuity Funds, Certification of Interest/DividendRemittance to foreign shareholders, Audit of Share Transfer, Other specialized audits under statutory requirements.