Experience as Business Admin Team Leader/Project Commercial Manager

• Employer

  SIEMENS, Kingdom of Saudi Arabia

• From

  19 June 2002

• To

  22 September 2009

• Detail

  As a Business Admin Team Leader in SIEMENS LIMITED(Saudi Arabia)
  -Responsible for controlling long term Turnkey projects of worth over SAR.300mio’
  as follows:
  -Percentage of completion (POC), -Completed Contract Method Projects (CCM)
  -Product Business., -Services Orders.
  
  • During my working in Siemens Ltd KSA, I had successfully achieved & improved the project margin by 50% Via claim management & Risk management implementation.
  • Achieved annual saving by 2million by implementing cost controlling techniques for the On- going Projects.
  • Mapped business objectives and strategic goals for the department through a series of meetings with Project manager’s and team delivered a balanced scorecard and establish it as a regular reporting tool.
  • Successfully negotiated the contract commercial clauses by communicating and delivering the interest and mutual benefits of both the parties.
  Following are the tasks under my area of responsibility:
  Responsible for Profit/Cost center of the department.
  • Cost controlling & improvement in margins of assigned projects.
  • Budgeting/Forecasting.
  • Monthly & quarterly closing.
  • Orders booking through SAP PS Module.
  • Development of Work Break Down Structure in SAP.
  • Preparation & regular updating the Project’s forecast or KPIs.
  • Monitoring of Cash Flows & Currency Hedging.
  • Review of relevant/ non relevant costs for POC accounting.
  • Coordination of monthly sales booking and timely revenue recognition
  • Mid Term Calculation for transparent business results and for audit purposes.
  • Preparation of contract Agreement for sub-contractor & Suppliers.
  • Coordination with supply chain for RFQ’s and issuance of Purchase orders.
  • Improvement for quality of budget and forecast figures.
  • Internal, / External CFA audit compliance / processes.
  • Dealing with Logistic department and forwarding agent for the clearance of incoming shipments for the project’s as w well keeping the track of all the project related shipment delivery dates
  With the suppliers.
  • Risk / Claim Management techniques & implementations.
  • Support in commercial offer preparation.
  • Dealing with Banks / Customers, LC's.
  • Project’s Erection All Risk Insurance (EAR) with coordination of technical manager.
  • Reporting of monthly project's result to Management & analysis of forecast Cash in/out flow.
  • Keeping track of contract clauses provisions till completion.
  • Project billing as per contract clauses and milestones.
  • Project negotiation with international customers and meetings (Italy, Germany, China, UAE) together with sales team.
  

Experience as Senior Accountant

• Employer

• From

  10 May 2011

• To

  14 November 2012

• Detail

  As an Senior Accountant in BOHEMIA CRYSTAL:
  • Establish and implemented internal control (e.g. IAS compliance) throughout the company in order to maintain integrity and accuracy of financial reports.
  • Designed the monthly closing process including segmental reporting as per IAS; redesigned and upgraded the fixed asset and depreciation process.
  • Streamlined the accounting process such as Journal entries, Payment, Voucher, Bank vouchers and the timely entries in the system.
  • Preparation and review of Final Accounts in compliance with IAS & IFRS.
  • Preparation of monthly Bank reconciliation statement.
  • Streamlined the process of inventories/ Stock Taking.
  • Responsible for issuance of L.P.O’s & Sales Orders
  • Monthly review of financial reports and necessary action for the adjustments.
  • Responsible for posting of suppliers’ invoices and payments. (A/P)
  • Follow up of incoming shipments and close coordination with Forward Agent and custom.
  • Preparing Monthly Payment Schedule and ensuring timely payments to creditors.
  • Preparation of cash flow statement on a Monthly basis.
  • Fixed asset accounting, preparing depreciation & prepaid expenses schedules
  

Experience as Senior Accountant

• Employer

• From

  11 December 2012

• To

  01 November 2014

• Detail

  As an Senior Accountant in HERITAGE HOMES L.L.C:
  • Responsible for Journal entries of Cash receipt, Payment, Voucher, Bank’s Vouchers & JV’s.
  • Preparation of monthly Projected Cash Flow for management decision.
  • Preparation and review of Final Accounts in compliance with IAS & IFRS.
  • Preparation of Account Payable/Receivable reconciliation.
  • Preparation of monthly employee’s payroll as per WPS and online salaries transfer in a bank.
  • Monthly review of financial reports and necessary action for the adjustments.
  • Keeping record for existing tenants and their updated record of the expiration of tenancy contracts
  

Experience as Senior Accountant/VAT Controller

• Employer

• From

  29 December 2014

• To

  02 January 2020

• Detail

  As an Senior Accountant/VAT Controller in LAVAJET & N.B.H.H:
  • Responsible for general accounting functions and the preparation of reports and statistics, reflecting earnings, profits, cash balances, balance sheet reconciliations and other financial results.
  • Manage the working capital of the entity by ensuring timely receivables actions expediting vendor payables in a manner beneficial to the entity and in a socially responsible manner whilst keeping tight control of inventory levels.
  • Interact with the department heads to resolve budget issues and financial needs monitor all financial transactions in order to ensure purchasing activities comply with agreed, budgets and highlight deviations from budgets.
  • Functioning as the head of the team for preparing the tax returns.
  • Conducting accurate calculations, backed-up with due documentation, and be able to submit VAT refund claims.
  • Coordinate periodic VAT reporting with support of business operations and Company indirect Tax.
  • Timely response to queries from tax authorities, including local VAT audit.
  • Reporting and calculation of VAT risk assessment and precautionary measures.
  • Preparation of monthly vendor’s ageing report.
  • Monthly fixed asset register record updating, adjustments/Addition and entries.
  • Assisting the reporting managers for the preparation and review of Final Accounts in compliance with IAS & IFRS.
  • Preparation of monthly Projected Cash Flow for management decision.
  • Preparations of monthly sale invoice and follow up.
  • Keeping the record for recurring entries on monthly basis.
  • Bank & Vendor/Customer reconciliations.
  • Successfully provide the solution of cost saving for the vehicle’s repair cost in specific area by own execution which
  save approx. AED200,000/- for the company.
  • Successfully re-designed and upgraded the company owned/rented vehicles monthly reporting procedure for the effective cost measures (e.g. spare parts & maintenance cost)
  • Successfully streamlined the process of inventories/ Stock Taking.
  • Preparation & Negotiation of sub-Contract Agreements of the supplier.
  • Assistance HR in preparation of employee’s end of service indemnities and payments.
  • Arrangement and assistance in staff payroll and release of funds, entries/adjustments.
  • Conducting & assisting internal & external audit, fulfilling the requirement for the desire records & documents complying the financial data with the implementation of IFRS.