Owais Rashid
Finance and Accounting Executive
Tabuk
Summary
Detail-oriented with financial data and careful to follow accounting best practices and regulatory requirements. Helps drive financial improvements with reliable, accurate and compliant records for forecasting and business planning.
Overview
10
10
years of professional experience
1
1
Certification
Work history
Accountant
Webuild Group
Tabuk , Saudi Arabia
2024.06 - Current
- Monitor daily cash flow to ensure funds availability for ongoing construction projects
- Manage project-wise cash allocation based on site requirements and timelines
- Prepare monthly payment projections and track actual payments against forecasts
- Support in preparing rolling cash flow reports, showing projected inflows, outflows, and payment status
- Handle supplier, subcontractor, and vendor payments according to contracts
- Process progress payments and track project-related client receipts
- Perform bank reconciliations and resolve discrepancies promptly
- Coordinate with banks for LCs (Letters of Credit), LGs (Bank Guarantees), and project financing
- Maintain and monitor loan schedules, interest payments, and financing arrangements
- Ensure proper fund utilization across multiple construction sites/projects
- Support month-end closing by preparing treasury-related reports and entries
- Monitor cash position and provide management with insights for decision-making
- Ensure compliance with company policies and financial controls
- Assist in external and internal audits by providing treasury documentation
- Manage petty cash and site-level cash requirements when needed
- Track and manage advance payments, retention amounts, and project-related liabilities
Accountant
Samsung C&T Corporation
Tabuk , Saudi Arabia
2022.08 - 2024.06
- Creating AP (Cost ) for the invoices in the SAP for preparing the payment requests of the project .
- Payment transfer to the suppliers and Subcontractors from the HSBC banking portal .
- Handing petty cash and making entries of petty cash in the SAP.
- Creating Vendors in the SAP .
- Clearing the AP against the payment done to the vendors in the SAP
- Documentation of the payment files and petty cash transactions.
- Compiled financial data for business forecasting and budgeting.
- Trained new employees on accounting principles and company procedures.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Resolved invoice coding and tracked recurring expenses for accrual entry.
- Opening Of Fixed Term Deposits and share the Cash Flow Reports With the Management on Weekly Basis.
- Handling the New SAP Asset Management Accounting (PPE) in the Ongoing Project (Neom).
Accountant
Vinci Construction
Abu Dhabi , United Arab Emirates
2021.03 - 2022.08
- Scanning , Booking and Posting of the invoices received physically or electronically in the SI COMPTA ( SAGE X3).
- Prepare payment request form for all the suppliers and subcontractors
- Processing payment to the suppliers and subcontractors as per payment request form signed by all signatories.
- Posting the bank entries in the SI COMPTA.
- Review the journal entries posted in SI COMPTA .
- Reconciliation of the invoices in the Cassius as per cost centre ,work order and purchase order .
- Follow up with the suppliers and subcontractors for the payment receipts.
- Create suppliers in the SI COMPTA received from the procurement department.
- Follow up with the Adhoc Activities received from the suppliers and subcontractors over the email.
- Create sales invoices in the SI COMPTA.
- Generating all the reports from the SI COMPTA
- Auditing the payroll of all employees working for the project
- Verify petty cash form received from the employees working on the site .
- I prepare reports for Month end account preparation
- Prepare monthly Bank Reconciliation.
Audit analyst
Genpact
Delhi , India
2020.01 - 2021.02
- Auditing the expenses report submitted by the employees.
- Processing the payments of the expenses report to the employees in SAP concur
- Posting the journal entries for the manual expenses in the SAP
- Review the electronic payment run of the employee expense reports
- Review the concur and cognos files in the SAP
- Follow up with the Adhoc Activities over the email .
Operations Associate, Accounts Payable Analyst
NTT DATA - Worked For Client SABRE USA
Gurgaon , India
2017.10 - 2019.02
- Invoice Processing in the SAP as per general ledger account and cost centre
- Creating vendors in the SAP
- Processing manual expenses in the SAP
- Verify Electronic payment run in the SAP
- Follow up with Ad-hoc activities received over the email
- Streamlined office operations by computerizing activities, managing customer communications, scheduling payments and tracking records and documents.
- I did payroll processing for the employees of SABRE Corporation USA .
- Quarterly VAT returns for SABRE .
Process Associate
Genpact
Delhi , India
2016.03 - 2017.09
- Verify and Auditing the media invoices received from the Dentsu Aegis Media in the Sales force.
- Coding the invoices in the sales forces as per business entity.
- Prepare electronic payment run as per invoices approved in the sales force.
- Follow up with the Adhoc Activities received over the email
Education
Master Of Business Administration - Accounting And Finance
- Awarded Topper in the Academics
Bachelor Of Business Administration - Business Administration And Management
Graduated with Honors
Skills
- SAP FICO
- Ms Excel
- Financial Reporting
- Auditing
- Accounts Payable
- SAP S/4HANA
- SAP reporting and analytical tools
- SAP Materials Management (MM)
Accomplishments
- Achieved Result by completing Task with accuracy and efficiency.
Certification
SAP FICO CERTIFIED
Languages
7,3
Affiliations
- Sports & Term Deposit
Languages
English
Timeline
Accountant - Webuild Group
2024.06 - Current
Accountant - Samsung C&T Corporation
2022.08 - 2024.06
Accountant - Vinci Construction
2021.03 - 2022.08
Audit analyst - Genpact
2020.01 - 2021.02
Operations Associate, Accounts Payable Analyst - NTT DATA - Worked For Client SABRE USA
2017.10 - 2019.02
Process Associate - Genpact
2016.03 - 2017.09
Maharishi Dayanand University - Master Of Business Administration, Accounting And Finance
Punjab Technical University - Bachelor Of Business Administration , Business Administration And Management