MOHAMMAD IHTSHAM ABBASI
Jeddah,Makkah
Summary
Accounting professional versed in internal controls, taxation and business accounting practices. Focused on helping improve financial solvency with optimised systems and accurate forecasting. Diligent about auditing records and maintaining compliance standards.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Chief Accountant
Shangri-la Hotel Jeddah
Jeddah, Saudi Arabia
10.2023 - Current
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Advised management on financial details related to business operations, inventory levels and budgets.
- Organised and carried out month-end, quarterly and year-end processes.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Analysed budgets and financial projections for accurate reporting of company performance.
- Compiled financial data for business forecasting and budgeting.
- Trained new employees on accounting principles and company procedures.
- Conducted regular reviews and official audits to validate recordkeeping and controls.
- Managed financial updates, watch lists and insurance files.
- Prepared detailed models, reports and charts highlighting complex financial information.
- Installed internal controls and set up standard procedures for business accounting systems.
- Produced accurate tax returns complying with official requirements and serving client needs for minimising liabilities.
- Tracked tax, invoicing and budget information accurately using QuickBooks.
Chief Accountant
Assila, a Luxury Collection Hotel
Jeddah, KSA
01.2022 - 10.2023
- Preparing financial reports and budgets, as well as controlling and forecasting income and expenditure.
- Overseeing accounting procedures and supervising junior financial department staff.
- Handling month-end and year-end end reports.
- Ensuring that financial management policies and procedures adhere to regulatory standards.
- Performing financial recordkeeping, as well as protecting sensitive and confidential information.
- Communicating with all levels within organization and being able to present financial information to non - finance members of staff
- Expedited payroll and invoicing by streamlining billing systems.
- Leveraged finance knowledge to strengthen controls and improve transparency.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Advised management on financial details related to business operations, inventory levels and budgets.
- Organised and carried out month-end, quarterly and year-end processes.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Compiled financial data for business forecasting and budgeting.
- Analysed budgets and financial projections for accurate reporting of company performance.
- Trained new employees on accounting principles and company procedures.
- Conducted regular reviews and official audits to validate recordkeeping and controls.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Managed financial updates, watch lists and insurance files.
- Prepared detailed models, reports and charts highlighting complex financial information.
- Installed internal controls and set up standard procedures for business accounting systems.
- Assisted with developing and ongoing control of costing and pricing systems for business goods.
- Produced accurate tax returns complying with official requirements and serving client needs for minimising liabilities.
Management Accountant
Assila, a Luxury Collection Hotel
Jeddah, KSA
01.2018 - 12.2021
- Monitored company sales, spending and budgets.
- Prepared thorough reports, commentaries and financial statements.
- Supervised team of accounting technicians, liaising between colleagues and management.
- Identified past financial trends, performed risk management and predicted future outcomes and needs.
- Assisted company leaders with financial decisions.
- Posting journal entries and performed accounting on accrual basis.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Trained new employees on accounting principles and company procedures.
- Prepared working papers, reports and supporting documentation for audit findings.
Income Auditor
Rocco Forte Hotel
Jeddah, KSA
11.2016 - 12.2017
Income Auditor
Le Meridien Towers
Makkah, KSA
01.2011 - 11.2015
- Analyzed data and findings to prepare reports detailing financial information.
- Control to ensure that any discrepancies between housekeeping and front office room status are reported. Total rooms available for sale agrees with the contracted rooms available.
- Check rebate report, discount report, complementary and house use report, no show posting, late check out ect. To ensure that every complimentary room, house use room, discount or rebate of revenue must have adequate explanation in the approval form.
- Reconcile all credit card collections again cashier summary and again lists received from bank.
- Having all voided checks, corrections and unsettled checks approved by the Restaurant Supervisor or Manager.
- Performs spot checks.
- Monitors the buffet controls, especially over cash settled checks to prevent reuse ensuring all revenue is recorded.
- Ensures all rebates and miscellaneous charges are supported by documentation detailing the charges. All rebate credits must be in accordance with Finance Policy. The rebate credits, miscellaneous charges and paid outs must be summarized and sent to the Finance Manager and General Manager for review daily.
Night Auditor
Le Meridien Towers
Makkah, KSA
06.2010 - 12.2010
- Looked over pending check-ins and payment processes to complete closing procedures.
- Investigated auditing discrepancies by reconciling cash drop and credit card transactions.
- Kept accounts in balance and ran daily reports to verify totals.
- Controlled cash and credit card payment transactions at front desk to successfully reduce errors.
- Completed night audit for guest ledgers to close bank and cash registers, reconciling issues quickly, and marking discrepancies.
- Generated and printed daily financial reports to track hotel performance.
Administrative Assistant
Le Meridien Towers
Makkah, KSA
10.2009 - 06.2010
- Scheduled office meetings and client appointments for staff teams.
- Executed record filing system to improve document organization and management.
- Answered multi-line phone system, routing calls, delivering messages to staff and greeting visitors.
- Drafted correspondence and other documents for higher management and department heads in company's voice.
- Coordinated and scheduled meetings and conference calls to optimize scheduling of senior staff.
- Assisted coworkers and staff members with special tasks on daily basis.
Inventory Controller
Pearl Continental Hotel Bhurban
Murree, Pakistan
04.2008 - 10.2009
- Completed physical inventory counts each month.
- Completed daily cycle counts to maintain accuracy of records.
- Recorded information, shortages, and discrepancies to keep records current and accurate.
- Audited and corrected discrepancies in inventory numbers.
- Posting of ledgers on month end.
- Assisting accounts payable and cost controller for day to day operation.
- Verified incoming products and checked delivery totals to keep system records current and accurate.
- Completed stock inventories to identify and address issues negatively impacting controls.
Secretary to Director Finance
Pearl Continental Hotel Bhurban
Murree, Pakistan
04.2006 - 04.2008
- Produced accurate office files, updated spreadsheets, and crafted presentations to support executives and boost team productivity.
- Interacted with vendors, contractors and professional services personnel to receive orders, direct activities, and communicate instructions.
- Handled scheduling for executive's calendar and prepared meeting agenda and materials.
- Responded to emails and other correspondence to facilitate communication and enhance business processes.
- Transcribed phone messages and relayed to appropriate personnel.
- Documented and distributed meeting notes to identify, analyze, and improve workflows.
- Handled confidential information in professional manner.
- Collated and distributed agendas and minutes for all executive meetings.
- Assisted in preparation of financial reports, budgeting and forecasting for executive office.
- Coordinated travel arrangements and bookings for executive staff.
Secretary to Chief Engineer
Pearl Continental Hotel Bhurban
Murree, Pakistan
10.2005 - 04.2006
Education
No Degree - Accounting
ACCA
No Degree - Accounting
ACCA
No Degree - Accounting
ACCA
No Degree - Accounting
ACCA
Skills
- Ul>
- Month-end closure reports
- P>Internal controls & audit support
- P>Financial Reporting & Management
- P>Cash Flow analysis
- P>Budgeting & Forecasting
- P>Internal/External Audits
- Microsoft Excel
- Bookkeeping
- Financial planning
- Payroll
- Database management
- [Type] Account reconciliations
- VAT returns
- Financial Forecasting
- Financial audits
- PeopleSoft knowledge
- Cash Flow analysis
- Budget forecasting expertise
- Tax return filing
- Understands foreign tax reporting
- Budget analysis
Accomplishments
Nominated as employee of the month in June-2009 by the management of Pearl Continental Hotel Bhurban.
Nominated as employee of the month in January-2011 by the management of Le Meridien Towers Makkah.
Certification
Train the Trainer
Service Culture Training
Managing Learning and Development
References
References available upon request.
Timeline
Chief Accountant
Shangri-la Hotel Jeddah
10.2023 - Current
Chief Accountant
Assila, a Luxury Collection Hotel
01.2022 - 10.2023
Management Accountant
Assila, a Luxury Collection Hotel
01.2018 - 12.2021
Income Auditor
Rocco Forte Hotel
11.2016 - 12.2017
Income Auditor
Le Meridien Towers
01.2011 - 11.2015
Night Auditor
Le Meridien Towers
06.2010 - 12.2010
Administrative Assistant
Le Meridien Towers
10.2009 - 06.2010
Inventory Controller
Pearl Continental Hotel Bhurban
04.2008 - 10.2009
Secretary to Director Finance
Pearl Continental Hotel Bhurban
04.2006 - 04.2008
Secretary to Chief Engineer
Pearl Continental Hotel Bhurban
10.2005 - 04.2006
No Degree - Accounting
ACCA
No Degree - Accounting
ACCA
No Degree - Accounting
ACCA
Train the Trainer
Service Culture Training
Managing Learning and Development
No Degree - Accounting
ACCA
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