Awais Jadoon

Senior Accountant, Modern Chemicals and Services Company Ltd, Saudi Arabia

(September 2013 to Present)

• Manage monthly closing process, including reconciliations and analysis of related accounts;
• Prepare and analyze monthly and quarterly Financials in accordance with IFRS to specific deadlines, both consolidated and location wise;
• Prepare and submit various group reports including monthly cash forecast and aged receivables along with receivables movement as per Group calendar;
• Prepare monthly Magnitude reports for the Group and report on SAP after review;
• Prepare monthly variance reports (P&L and Cash flows) from the established budget (or forecast) for management and give reasons for those variances;
• Record intercompany transactions, reconcile intercompany (IC) balances and report on SAP on a semi-annual basis;
• Support the Financial Controller in preparing the annual budget through preparing the required data /analysis and uploading on SAP;
• Provide daily cash positions;
• Prepare and submit various internal reports including sales summary report, weekly cash balance, payables and receivables reports etc.;
• Prepare and record asset, liability, revenue, and expenses entries by compiling and analyzing account information and process staff expenses;
• Maintain and update fixed assets register as well as prepayments, interests, payables, advances and accrued expenses schedules; 
• Book sales invoices and inventory transactions in the absence of related staff;
• Prepare CAPEX requests for submission to Group and maintain track of requests;
• Coordinate the preparation of annual tax returns;
• Calculate and book the exchange gain/loss on foreign currency transactions on semi-annual basis;
• Participate in the annual audit preparation with the Financial Controller;
• Coordinate with external and internal auditors by providing all the needed financial records, data and information to ensure accuracy of reports;
• Handle ad hoc assignments as directed by management;
• Checking the overtime calculations prepared by HR department;
• Reconcile and maintain balance sheet accounts;
• Maintain a well-managed structured filing system of financial transactions in order to comply with auditing standards;
• Interface with other departments to clarify accounting data and issues;
• Send weekly status email to CFO regarding reports submitted for the week and due reports for the next week;
• Follow up on various tasks and outstanding issues in a timely manner; and
  
   
• Support other team members whenever required so as to ensure an effective teamwork of the finance department and other departments.

CA finalist of The Institute of Chartered Accountants of Pakistan 

Certified Financial Consultant (CFC) of the Institute of Financial Consultants (IFC) USA