ILIAZ RAICHUR
Financial Controller
Riyadh,01
Summary
Experienced Financial Controllerwith more than 10+years of success. Skilled in uncovering opportunities to improve financial growth, risk management and internal controls when managing all accounting functions. Prepared to bring talent and expertise to organization offering opportunities for advancement.
Overview
13
13
years of professional experience
Work History
Financial Controller
KFB Holding Group / MEMF Ideal Technical Solutions Co. Ltd.
10.2020 - Current
- Led financial reporting processes to ensure compliance with regulatory standards and accuracy.
- Streamlined budget forecasting methods, enhancing financial insight and resource allocation.
- Managed month-end closing procedures, resulting in timely financial statements and improved reporting.
- Monthly MIS Report drafting
- Annual Budgeting & Comparisons with Budget Vs Actuals
- Oversaw audit preparation and coordination, ensuring adherence to financial policies and regulations.
- Trained and mentored junior finance staff, promoting a culture of accuracy and continuous improvement.
- Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
- Managed payroll data entry and processing for 80 employees to comply with predetermined company guidelines.
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
- Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
- Enhanced cash flow management with timely accounts receivable monitoring and collections efforts.
- Oversaw accounts payable and receivable operations for the business with in monthly expenses.
Senior Accountant & Treasury Manager
AlGihaz Holding’s Ideal Technical Solutions Co.
12.2016 - 09.2020
- Managed accurate and timely processing of over 80 invoices per month.
- Reduced payment discrepancies with thorough invoice review, analysis, and reconciliation efforts.
- Reviewed monthly expense reports for accuracy, identifying opportunities for cost savings and efficiencies.
- Closely monitored accounts to post timely payments and resolve billing discrepancies.
- Collaborated closely with procurement on purchase orders to streamline approval processes while ensuring adherence to established budget guidelines.
- Streamlined invoice processing for improved efficiency and reduced processing time.
- Managed a team of accounting staff, providing guidance and support to ensure accurate financial reporting.
- Improved vendor relationships through timely payments and clear communication of company policies.
- Partnered with finance team to complete month-end accruals and account reconciliations.
- Developed reports for senior management to outline expenditures, vendor spend, and forecasting.
- Managed vendor contracts effectively, reviewing terms periodically to ensure alignment with company objectives.
- Collaborated with other departments to resolve billing issues promptly and maintain accurate financial records.
- Supported audit processes with well-organized documentation of accounts payable transactions, minimizing errors or discrepancies found during audits.
- Built strong relationships with vendors to enhance cost offerings and accomplish favored customer status.
- Optimized cash flow management by negotiating favorable payment terms with vendors.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Accountant
KDMPS Manpower Co. India
06.2013 - 07.2015
- Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Managed tax compliance tasks, filing accurate returns on time to avoid penalties or interest charges.
- Streamlined payroll processing through automation improvements resulting in reduced errors and increased efficiency.
- Identified cost-saving opportunities through thorough budget analysis and expense tracking.
- Input financial data and produced reports using Tally.
Education
MBA - Finance, Marketing
Osmania University
Hyderabad01-2013
B.Com. - Computer Science, Advance Accountancy & Computer Science
Sri Krishna Devaraya University
Anantapur01-2011
Skills
Financial analysis
Budget management
Forecasting accuracy
Financial reporting
Audit preparation
Internal controls
Accounts reconciliation
Cash flow management
Expense tracking
QuickBooks & Odoo Expertise
IFRS & GAAP Standards Compliance
Disclaimer
Date: Place: Riyadh, KSA (ILIAZ RAICHUR)
SOFT-SKILLS
- 1. ORACLE Financials R12 AADS EDU. SOCIETY
- 2. Quickbooks Desktop & Online Version 10Years Experience
- 3. Odoo13 Accounting,CRM, Inventory & Sales Modules 3 years Experince.
- 4. Zoho Books Basics
- 5. MS- Office (Word, Excel, Power point & Out look)
Timeline
Financial Controller
KFB Holding Group / MEMF Ideal Technical Solutions Co. Ltd.
10.2020 - Current
Senior Accountant & Treasury Manager
AlGihaz Holding’s Ideal Technical Solutions Co.
12.2016 - 09.2020
Accountant
KDMPS Manpower Co. India
06.2013 - 07.2015
MBA - Finance, Marketing
Osmania University
B.Com. - Computer Science, Advance Accountancy & Computer Science
Sri Krishna Devaraya University