JERRY BIHAG-LOQUIAS
Dammam
Summary
Gained much knowledge in Cost Monitoring & Analysis, Inventory Control, Payroll Management, Cash Management, Financial Statement Analysis and Preparation and in General Accounting Functions. Experienced in various companies set up, from Furniture Processing, Communications & Multi-Media Services, Outsourcing, Real Estate Brokerage, Marketing Services, Metals Reprocessing and Manufacturing, and trading.
Overview
22
22
years of professional experience
1
1
Certification
Work History
GROUP TREASURY SENIOR SUPERVISOR
AL-QARYAN GROUP FOR TRADNG, INDUSTRY & CONT.
12.2020 - Current
- Implemented cost-saving initiatives, reducing operational expenses without compromising quality or productivity.
- Enhanced team productivity by implementing efficient workflow processes and providing consistent guidance.
- Mandated policy, procedure, and performance adherence for continued and increased operational efficiency and profitability.
- Mentored junior team members for accelerated professional growth and skill development.
GROUP SENIOR FINANCIAL ANALYST
AL-QARYAN STEEL CO.
12.2018 - 12.2020
- Provided valuable insights by leading monthly variance analysis reviews between actual results and budget/forecast expectations.
- Enabled informed decision-making by presenting key findings from complex data sets in clear, concise formats for senior leadership team members.
- Reviewed statistical information to determine financial trends for use in investment planning.
- Facilitated accurate expense tracking through diligent maintenance of general ledger accounts and reconciliations.
- Increased financial accuracy by conducting in-depth analyses of financial data and trends.
CHIEF ACCOUNTANT
METALS RECYCLNG CO. LTD. – QARYAN GROUP
09.2010 - 12.2018
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Completed year-end closing processes with controllers and external auditors.
- Maintained accurate financial records by overseeing general ledger reconciliation efforts on a monthly basis.
- Safeguarded company''s financial health by implementing robust internal controls and risk mitigation measures across various departments.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
GROUP FINANCIAL CONTROLLER
UMBRELLA GROUP OF COMPANIES
04.2008 - 04.2010
- Managed complex multi-currency transactions, mitigating exchange rate risks and ensuring timely settlements.
- Established policies governing treasury activities to enhance liquidity management capabilities while minimizing exposure to market fluctuations.
- Optimized cash flow management with effective forecasting, budgeting, and reporting systems.
- Provided strategic financial guidance to senior management, supporting informed decision-making processes across the organization.
- Collaborated with external auditors during annual audit processes, ensuring timely completion and accurate representation of the company''s financial position.
- Improved cost efficiency through meticulous analysis of financial data and identification of areas for potential savings.
- Strengthened financial control by implementing rigorous internal audit processes and risk management strategies.
- Prepared balance sheets, cash flow reports and income statements.
- Managed payroll data entry and processing to comply with predetermined company guidelines.
- Accurately completed financial statement audits and thoroughly reviewed results.
JUNIOR ACCOUNTANT
VIVA COMMUNICATIONS GROUP
05.2006 - 04.2008
- Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
- Reconciled month-end totals for timely and accurate reporting of financial information.
- Compiled and analyzed financial information to prepare entries for general ledger accounts.
- Supported inventory control measures by performing physical counts and reconciling discrepancies.
- Reduced discrepancies in accounts payable and receivable through diligent tracking and follow-up.
COST & INVENTORY IN-CHARGE
SAKS INTERIORS INC.
08.2003 - 05.2006
- Identified discrepancies between physical counts and system records, initiating investigations and making necessary adjustments for accurate financial reporting.
- Developed robust internal controls for accurate product costing and valuation, ensuring compliance with GAAP standards.
- Implemented best practices for tracking consigned inventory, safeguarding company assets while maintaining strong relationships with suppliers.
- Enhanced financial reporting quality for better decision-making by conducting regular audits and reconciliations of inventory accounts.
- Evaluated existing cost allocation methods, recommending changes that resulted in more accurate product profitability analysis.
- Reduced risk of material misstatements through diligent monitoring of slow-moving or obsolete items, recommending write-offs as needed for accurate financial reporting purposes.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
PURCHASING OFFICER
PACIFIC TRADERS & MFG . CORP.
08.2003 - 08.2003
- Computed and created purchase orders to monitor stock levels, verify purchase requisitions and expedite customer orders.
- Fostered strong relationships with internal stakeholders by providing timely updates on procurement activities and addressing any concerns promptly.
- Negotiated favorable payment terms with suppliers, resulting in improved cash flow management for the company.
- Streamlined procurement processes for increased efficiency and cost savings by implementing effective negotiation strategies.
- Managed supplier contracts to ensure compliance with company policies and legal requirements, safeguarding against potential risks.
Certification
- Certified Management Accountant (CMA) Institute of Certified Management Accountant – Australia & New Zealand
- Certified Financial Modeling & Valuation Analyst (FMVA) Corporate Finance Institute – USA
- Certified FinTech Industry Professional Corporate Finance Institute – USA
- Certified Business Analyst (CBA) Institute of Certified Management Accountant – Australia & New Zealand
- Certified Professional Financial Accountant (CPFA) Institute of Financial Consultant – Canada
- Certified Financial Planning & Wealth Management (FPWMP) Corporate Finance Institute – USA
- Certified Capital Markets & Securities Analyst Corporate Finance Institute – USA
- Certified Financial Services Auditor (CFSA) Institute of Internal Auditor – USA
- Associate Member – SOCPA Saudi Organization of CPA
- Certificate in International Auditing (Cert IA) Association of Chartered Certified Accountants – UK
- Diploma in Accounting & Finance Brentwood Open Learning – UK
- Certificate in Islamic Finance London School Business & Sciences
- Graduate in Bachelor of Science in Accountancy (BSA) Zamboanga del Sur Maritime Institute of Technology - Philippines
LANGUAGE
English : Fluent
Tagalog : Fluent
Arabic : Conversational
Training
- Executive International Financial Reporting Standards (IFRS)
- Value Added Tax & Transfer Pricing
- Anti Money Laundering
- Commercial Real Estate Finance
OTHERS
- Keen Knowledge in SAP
- Keen Knowledge in MS Office
- Transferrable Iqama
- Willing to go for an interview to discuss more on my experiences and qualifications mentioned above.
Timeline
GROUP TREASURY SENIOR SUPERVISOR
AL-QARYAN GROUP FOR TRADNG, INDUSTRY & CONT.
12.2020 - Current
GROUP SENIOR FINANCIAL ANALYST
AL-QARYAN STEEL CO.
12.2018 - 12.2020
CHIEF ACCOUNTANT
METALS RECYCLNG CO. LTD. – QARYAN GROUP
09.2010 - 12.2018
GROUP FINANCIAL CONTROLLER
UMBRELLA GROUP OF COMPANIES
04.2008 - 04.2010
JUNIOR ACCOUNTANT
VIVA COMMUNICATIONS GROUP
05.2006 - 04.2008
COST & INVENTORY IN-CHARGE
SAKS INTERIORS INC.
08.2003 - 05.2006
PURCHASING OFFICER
PACIFIC TRADERS & MFG . CORP.
08.2003 - 08.2003
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