Summary
Overview
Work History
Education
Certification
Skills
Timeline
BusinessAnalyst
Faizan Ahmed Khan

Faizan Ahmed Khan

Chief Accountant
Riyadh,Riyadh

Summary

Knowledgeable senior accounting professional offering 10+ years of experience in financial operations. Strategic business leader, communicator and people manager.

Overview

17
17
years of professional experience
1
1
Certification
7
7
years of post-secondary education

Work History

Monitor

Faizan Ahmed
  • Khan - page 1 -, expenditures, analyze revenues and determine budget variances and report the same to management
  • Respond to accounting inquiries from management in a timely fashion
  • Provide guidance to other Accountants when needed
  • Assist in budget preparation and expense management activities for assigned accounts
  • Assist in auditing activities by providing necessary information and preparing requested documentations
  • Monitor and record financial transactions according to company policies and regulations
  • Review and recommend changes to existing accounting procedures.

Group Chief Accountant

Sadana trading Company
Riyadh, Said Arabia
10.2021 - Current
  • Working experience on world wide most used systems "Oracle" & "Navision (Microsoft Dynamics)"
  • Monthly VAT for Sadana Trading and Quarterly VAT preparation for Sadana International
  • Monthly Group Payroll
  • Perform financial analysis and reporting to management as needed
  • Bank Reconciliations
  • Customer Reconciliations and aging reports
  • Accruals booking
  • Depreciation
  • Prepayments amortizations
  • Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements
  • Generate financial reports and statements to Managers for review
  • Stock evaluation and check (Variance Check)
  • Train and cope with branch & junior accountants
  • Assist in auditing activities by providing necessary information and preparing requested documentations
  • Monitor and record financial transactions according to company policies and regulations
  • Review and recommend changes to existing accounting procedures.

Chief Accountant

Modern
Riyadh, Saudi Arabia
08.2019 - 10.2021
  • Monthly VAT calculations and submissions as per the Saudi laws and regulations
  • Monthly Payroll preparation and finalization
  • Perform financial analysis and reporting to management as needed
  • Perform month-end accounting activities such as reconciliations and journal entries
  • Coordinate with finance team to complete assigned accounting tasks within deadlines
  • Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements
  • Generate financial reports and statements to Managers for review
  • Analyze financial discrepancies and recommend effective resolutions.
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.
  • Reviewed business operations and obligations to help organization function at acceptable level.

Senior Accountant

Whizbuy L.L.C
Riyadh, Saudi Arabia
05.2018 - 06.2019
  • 2 months)
  • Whizbuy is an E-commerce company working with Worldwide knows company Amazon.com
  • But at it’s beginning stages
  • My Duties Include: -Handle full spectrum of financial and cost accounting role eg
  • AR, AP, GL, forecasting, budgeting etc -Responsible for day to day finance and accounts operations
  • Perform full set of accounts and ensure timely closing of accounts
  • Perform project cost forecasts/budgets, cost tracking, monitoring and controls
  • Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to HQ in France
  • Review & approve payment vouchers & journal entries
  • Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis
  • Issue project cost reports for review and approval
  • Develop and maintain internal control and effective accounting system and policies for the set up
  • Support CFO in ensuring that inter-company cost allocations are in line with management agreements and transfer pricing policy
  • Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns
  • Work consultatively with the respective departments on cost reduction initiatives.
  • Updated general ledger with latest entries.
  • Prepared monthly journal entries and reconciliations.

Chief Accountant

Al Ghassan Motors
Riyadh, Saudi Arabia
05.2013 - 12.2017
  • Responsible for day to day finance and accounting operations
  • Perform Full set of accounts and ensure timely closing off accounts
  • Review and approve payment vouchers and journal entries
  • Recording sales invoices, collection receipts and follow up with customers for collections
  • Recording and validation of purchase invoices and their payments in Kerridge System
  • Manage and oversee the entire accounting team -Conduct all necessary training to keep the team’s skills and knowledge up to date, -Ensure that all necessary documents are requested, collected, and compiled -Review corporate and personal income tax returns to ensure accuracy
  • Maintain current and garner new client relationships
  • Monitor and mentor/train junior staff, clerks, and bookkeepers
  • Faizan Ahmed Khan - page 2 -Detect and address potential compliance issues proactively
  • Uphold the excellent reputation of our firm
  • Maintain constant communication with the IRS, state agencies, and our clients -Maintain highly organized and updated client files -Work collaboratively with other teams to achieve shared goals -Report directly to the Finance Manager.
  • Reviewed business operations and obligations to help organization function at acceptable level.
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.

Finance officer

Khan Traders
Karachi, Pakistan
02.2007 - 03.2013
  • Then shifted to assistant manager position
  • Worked directly with finance manager and other directing executives to coordinate in finance issues
  • Played key role in restructuring finance of the company
  • Booking of Provisions
  • Petty cash handling
  • Posting all receivable payment receipts
  • Posting all payable invoices for payments to vendors
  • Allocate Receivables and adjust down payment
  • Follow and control all receivable from sales engineers by ageing report
  • Prepare monthly collection report for monthly sales review meeting
  • Prepare billing as per B.O.Qs
  • Verifying the bill with site engineers.
  • Collaborated with team leaders to define standards, policies and procedures to meet company revenue goals.
  • Established and enforced controls on revenue and expenses to protect company assets.

Data Entry Team Leader

Tranzum Courier Service
Karachi, Pakistan
01.2006 - 02.2007
  • Analyzed current data records to provide detailed reports.
  • Utilized techniques for increasing data entry speed.
  • Developed and implemented data entry operations.
  • Followed data entry protocols, rules and regulations.
  • Managed documents by organizing forms, making photocopies, filing records, preparing correspondence, and creating reports.

Education

MBA - Banking & Finance

Mohammed Ali Jinnah University
Karachi, Pakistan
01.2009 - 12.2011

Bachelor of Commerce - BCom - Accounting and Finance

Karachi University
Karachi, Pakistan
01.2007 - 12.2008

SOCPA Certified - ‫واﻟﻤﺤﺎﺳﺒﻴﻦ‬ ‫ﻟﻠﻤﺮاﺟﻌﻴﻦ‬ ‫اﻟﺴﻌﻮدﻳﺔ‬ ‫اﻟﻬﻴﺌﺔ‬ SOCPA - ACCOUNTING

‫واﻟﻤﺤﺎﺳﺒﻴﻦ‬ ‫ﻟﻠﻤﺮاﺟﻌﻴﻦ‬ ‫اﻟﺴﻌﻮدﻳﺔ‬ ‫اﻟﻬﻴﺌﺔ‬
Saudi Arabia
01.2022 - 12.2023

Certification

Financial Accounting Account Reconciliation Value-Added Tax (VAT) Financial Reporting Analytical Skills Business Planning Account Management Forecasting Finance Accounts Receivable Faizan Ahmed Khan - page 3

Skills

  • Accounting System Design
  • Financial Projections
  • General Ledger
  • Financial Statements
  • Accounting Management Assessment
  • Financial Data Analyzation
  • Audit Support
  • Effective and Professional Communication
  • Inventory Assessments
  • Mathematical Accuracy
  • Oracle Financials
  • Accounting Procedures Validation
  • Financial Transactions
  • Staff Oversight and Leadership
  • Stock Valuation
  • Month-End Close
  • Data Integrity
  • Tax Return Preparation
  • Monthly Financial Statements
  • Payroll Auditing
  • Microsoft Office

Timeline

SOCPA Certified - ‫واﻟﻤﺤﺎﺳﺒﻴﻦ‬ ‫ﻟﻠﻤﺮاﺟﻌﻴﻦ‬ ‫اﻟﺴﻌﻮدﻳﺔ‬ ‫اﻟﻬﻴﺌﺔ‬ SOCPA - ACCOUNTING

‫واﻟﻤﺤﺎﺳﺒﻴﻦ‬ ‫ﻟﻠﻤﺮاﺟﻌﻴﻦ‬ ‫اﻟﺴﻌﻮدﻳﺔ‬ ‫اﻟﻬﻴﺌﺔ‬
01.2022 - 12.2023

Group Chief Accountant

Sadana trading Company
10.2021 - Current

Chief Accountant

Modern
08.2019 - 10.2021

Senior Accountant

Whizbuy L.L.C
05.2018 - 06.2019

Chief Accountant

Al Ghassan Motors
05.2013 - 12.2017

MBA - Banking & Finance

Mohammed Ali Jinnah University
01.2009 - 12.2011

Finance officer

Khan Traders
02.2007 - 03.2013

Bachelor of Commerce - BCom - Accounting and Finance

Karachi University
01.2007 - 12.2008

Data Entry Team Leader

Tranzum Courier Service
01.2006 - 02.2007

Monitor

Faizan Ahmed

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Faizan Ahmed KhanChief Accountant