Work Type
Full timePart timeContract workGig workConsultingVolunteerSeasonal workLocation preference
HybridLocation: Riyadh, Saudia Arabia
Open to relocation: Yes
Muhammad Hayat
Riyadh,Saudia Arabia
Work preference
Summary
Strategic finance professional specialising in revenue growth analysis, financial modelling, and corporate finance. Leads regulatory reporting, ERP implementation, and financial project coordination to enhance efficiency and uphold ethical standards. Delivers precise financial planning and reporting through critical evaluation and decision-making, while leveraging strong analytical skills to support organisational objectives.
Overview
1
1
Language
8
8
years of post-secondary education
13
13
years of professional experience
Work history
Financial analyst
Emaar Executive
Riyadh, Saudi Arabia
2025.01 - Current
- Worked on complex financial models for accurate predictions of future revenues.
- Managed risk by conducting comprehensive investment analyses.
- Identified cost-saving opportunities with thorough expense analysis.
- Conducted regular financial audits to ensure compliance with regulations.
- Reviewed balance sheets and income statements to assess corporate financial health.
- Improved forecasting accuracy with periodic analysis of historical data.
- Assisted in budget planning to maximise company profits.
- Provided detailed financial reports for improved business decision-making.
- Developed and presented financial presentations to company stakeholders.
- Improved efficiency in the accounts department by introducing automated systems.
- Issued financial information and margin data to support revenue recognition.
- Complied with all IFRS regulations, preparing and presenting financial reports in alignment with requirements.
Contract Analyst Consultant
Al Moammar Information System
Riyadh, Saudi Arabia
2022.09 - 2025.03
- Reviewed contracts, enhanced company's risk management efforts.
- Increased contract compliance by implementing rigorous review process.
- Facilitated accurate revenue tracking and reporting by maintaining detailed records of contract terms and conditions, ensuring completeness and accuracy in revenue recognition.
- Prepared comprehensive contract assessment documents to ensure compliance with IFRS 15 revenue recognition standard.
- Evaluated and revised contract documentation to maintain accuracy and compliance with current standards. Revenue quantification sheet, facilitating the Revenue department in mitigating revenue recognition errors.
- Coordinated audits of third-party agreements, uncovering improvement opportunities for compliance.
- Managed dispute resolution efforts to strengthen vendor relationships and mitigate conflicts.
- Achieved cost savings with strategic negotiation tactics.
- Review and resolve auditors' queries related to completion of documentation, incorporating changes in the contract assessment documentation for ongoing projects.
- Provide data and analysis to facilitate managers in making informed decisions in time sensitive situations.
- Monitored key contract milestones to ensure timely progress updates were communicated to stakeholders. and update stakeholders to facilitate project progress.
- Ensure compliance with Local Content certification and CMA rules and regulations, aligned with IAS/IFRS and applied consistently throughout the organisation.
- Enhanced contract transparency by developing an accessible database for efficient retrieval.
- Review and ensure the completeness of the latest available documents for the purpose of contract assessment.
Assistant Manager Accounts
Excel Cotton (Pvt) Limited
Lahore, Pakistan
2019.01 - 2022.05
- Prepared, analysed, and reported monthly, quarterly, and yearly financial results to the top management, providing insights for strategic decision-making.
- Conducted comprehensive reviews of financial budgets and projected cash flows, ensuring effective planning and streamlined operations management.
- Managed vendor payments, implementing strategies to mitigate risks and optimise working capital.
- Liaised with Revenue Manager to ensure accurate revenue recognition, compliant with International Financial Reporting Standards (IFRS).
- Acted as the main point of contact with the external auditor to provide a timely response to any audit requests.
- Documented and ensured adherence to accounting policies aligned with International Accounting Standards (IAS) and IFRS throughout the organisation.
- Conducted timely reconciliations for inventory, debtor, and creditor balances, ensuring accuracy and completeness of recorded transactions.
- Updated and reported Accounts Receivable (AR) collection status daily for all customers and retail businesses, ensuring timely payments.
- Compiled and updated Customer and Vendor Master Data, maintaining accuracy and completeness.
- Ensured accuracy and completeness of recorded transactions.
Senior Audit Associate
Nexia International
Lahore, Pakistan
2014.01 - 2018.11
- Application of IAS/IFRS and ensuring its compliance while reviewing client financial statements.
- Evaluated the implementation of International Financial Reporting Standards and actively participated in the preparation of Financial Statements as per IFRS.
- Planning the engagement, managing resources, time framing activities and creating an overall audit strategy.
- Ensured effective utilisation of resources and adherence to timelines during audit assignments.
- Maintained direct and effective communication between the audit team and clients, fostering transparency regarding audit progress, issues, and deadlines.
- Set up fieldwork, established client understanding, and clarified requirements for effective audit execution.
- Facilitated discussions to clarify complex financial concepts and audit processes., advising, making research, and concluding matters considering applicable frameworks.
- Provide basic advisory services to clients, offering insights on taxation, accounting treatment of transactions, and compliance with secretarial practices.
- Created deliverables based on conclusions drawn during audit work, assisting Managers and Partners in the finalisation of audit deliverables
Education
Diploma - Accounting and Finance
Institute of Certified Public Accountant
Pakistan 2023.01 - 2023.09
Postgraduate Degree - Accounting and Finance
Institute of Chartered Accountants of Pakistan
Pakistan 2014.01 - 2018.11
Bachelor of Commerce - Commerce
University of Karachi
Pakistan 2015.01 - 2017.12
Skills
- Financial analysis
- Financial modelling
- Financial reporting
- Financial management
- Financial planning
- Revenue forecasting
- Data analysis
- ERP implementation
- ERP system integration
- Project coordination
- Analytical assessment
- Corporate finance knowledge
- Decision-Making efficiency
Languages
English
Fluent
References
References available upon request.
Timeline
Financial analyst
Emaar Executive
2025.01 - Current
Diploma - Accounting and Finance
Institute of Certified Public Accountant
2023.01 - 2023.09
Contract Analyst Consultant
Al Moammar Information System
2022.09 - 2025.03
Assistant Manager Accounts
Excel Cotton (Pvt) Limited
2019.01 - 2022.05
Bachelor of Commerce - Commerce
University of Karachi
2015.01 - 2017.12
Senior Audit Associate
Nexia International
2014.01 - 2018.11
Postgraduate Degree - Accounting and Finance
Institute of Chartered Accountants of Pakistan
2014.01 - 2018.11