HUSSAIN ABDU LLAH SHELFAH
Dammam,Saudi Arabia
Summary
Experienced financial controller with over 18 years in corporate accounting and financial management. Skilled in preparing financial statements, leading budgeting processes, and ensuring regulatory compliance. Proven ability to enhance financial reporting and operational efficiency.
Overview
1
1
Language
21
21
years of professional experience
Work History
Financial Controller
Baas Global Marine Services
Dammam
02.2021 - Current
- - Prepared and presented monthly, quarterly, and annual financial statements to management and board members.
- Led annual budgeting processes and long-term financial forecasting, identifying opportunities for cost savings.
- Supervised financial operations, ensuring accurate management of billing, accounts receivable, and accounts payable.
- Managed external audit engagements, facilitating communication with independent auditors for smooth audit completion.
- Ensured compliance with regulatory requirements by auditing and submitting monthly VAT and annual Zakat filings.
Senior Accountant / Acting Chief Accountant
Hadi Hamad Al-Hammam Holding Co.
KSA
10.2018 - 02.2021
- Consolidated financial statements, monitored budget performance, and delivered periodic analytical reports to management, enhancing decision-making.
- Spearheaded tax compliance activities, ensuring accurate calculation and timely submission of quarterly VAT and annual Zakat returns.
- Managed daily accounting workflows across holding operations, including AP/AR management, GL reconciliations, and payroll supervision.
- Coordinated with commercial banks to manage daily banking requirements and secure credit facilities, supporting smooth operational cash flow.
General Accountant
Kettaneh Construction Saudi Arabia Co.
KSA
06.2012 - 05.2018
- Executed general ledger accounting and project cost accounting, ensuring accuracy in monthly balance sheet reconciliations for construction projects.
- Managed vendor payments and client progress billings, overseeing collection tracking and facilitating month-end journal closing entries.
- Developed monthly budget variance reports, providing project managers with insights to support effective cost containment.
Senior Accountant
SABIC (Saudi Kayan Petrochemical Co.)
KSA
06.2008 - 05.2010
- Reconciled complex balance sheet accounts and validated financial records, ensuring compliance with corporate accounting policies and enhancing financial integrity.
- Oversaw financial tracking, contract expenditure verification, and cost allocation to ensure accurate contractor operations.
- Secured contracting services through TAACA Co. for various projects, facilitating timely project execution.
General Accountant
Gulf Consolidated Contractors Co. (G.C.C.)
KSA
06.2005 - 06.2008
- Verified accuracy of general ledger, processed supplier invoices, performed daily bank reconciliations, and facilitated audit activities.
- Completed detailed reviews of accounts and bookkeeping records to verify compliance with standards.
- Reconciled monthly bank statements and resolved discrepancies.
- Facilitated payroll processing, ensuring accurate calculation of wages, deductions, and tax contributions for all employees.
Education
Bachelor's Degree - Business Administration
King Faisal University
Saudi Arabia01-2017
Diploma - Accounting
Jubail Industrial College
Saudi Arabia01-2003
Skills
- Financial statements
- Variance Analysis
- Forecasting & Budgeting
- Financial modelling
- Cash Flow Management
- General Ledger (GL)
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Revenue Recognition
- Cost Accounting
- Inventory Accounting
- Reconciliations
- Financial Auditing
- ZATCA Portal Operations
- Value Added Tax (VAT)
- Withholding Tax (WHT)
- Annual Zakat Reports
- Statutory Filings
- SAP
- Oracle ERP
- Advanced MS Excel
- Executive Dashboards
- Letters of Credit (LC)
- Internal Controls
- External Audit Coordination
- Team Management
- Cost management
- Risk assessment
- Financial strategy
Custom
SAP, Oracle ERP, Accomax ERP System, Advanced MS Excel, Financial Modeling, General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Revenue Recognition, Cost Accounting, Inventory Accounting, Reconciliations, Financial Auditing, Financial Statements Preparation (P&L, Balance Sheet, Cash Flow), Executive Dashboards, Variance Analysis, Forecasting & Budgeting, ZATCA Portal Operations, Value Added Tax (VAT), Withholding Tax (WHT), Annual Zakat Reports, Statutory Filings, Cash Flow Management, Commercial Banking Relations, Letters of Credit (LC), Bank Guarantees (GL), Credit Facilities, Team Management, Internal Controls, External Audit Coordination, Payroll Administration, Strategic Planning
Languages
English
Advanced
C1
Timeline
Financial Controller
Baas Global Marine Services
02.2021 - Current
Senior Accountant / Acting Chief Accountant
Hadi Hamad Al-Hammam Holding Co.
10.2018 - 02.2021
General Accountant
Kettaneh Construction Saudi Arabia Co.
06.2012 - 05.2018
Senior Accountant
SABIC (Saudi Kayan Petrochemical Co.)
06.2008 - 05.2010
General Accountant
Gulf Consolidated Contractors Co. (G.C.C.)
06.2005 - 06.2008
Bachelor's Degree - Business Administration
King Faisal University
Diploma - Accounting
Jubail Industrial College