Travelling
Usman Mohiuddin
Finance & Accounting
Jeddah
Summary
Finance professional and a Fellow Chartered Accountant and Certified Internal Auditor with over a decade of experience in Accounting and Auditing. Expertise in creating and managing budgeting models, analyzing and auditing financial statements and developing strategies for cost optimization. Seeking to achieve career excellence by working in a competitive business environment and contribute positively towards the objectives of the organization through a blend of intellect, teamwork and knowledge and to drive decision making through creative and innovative financial strategies and solutions.
Overview
2025
2025
years of professional experience
7
7
years of post-secondary education
3
3
Languages
Work History
Group Financial Reporting Manager
MEPCO
08.2024 - Current
- Preparing monthly consolidated management accounts of the Group and monthly executive committee presentation for monthly group performance analysis
- Leading the group team of financial reporting, accounting, budgeting and analysis
- Solely responsible for ensuring compliance with IFRSs in accounting & reporting at all group entities through review of monthly financials and key accounting transactions
- Preparing statutory quarterly & annual group consolidated financial statements and BOD presentation and liaise with external auditors and respective BU teams for audit requirements
- Preparation of relevant financial information & analysis for outside stakeholders including Investors, Tadawul, CMA etc. & ensuring submission within the statutory deadlines and responding to investors' queries
- Leading all the activities related to budget and forecast preparation and coordinating with other departments to obtain relevant information in the required formats to compile, consolidate and present to the management for its approval. Later on evaluating significant variances with the actual results
- Preparing ad-hoc information/reports/analyses at the request of CEO/CFO/BOD
- Involved in review of key accounting transactions of subsidiaries & ensuring timely submissions of VAT and Zakat
Group Financial Reporting Manager
Depa United Group
3 2023 - 07.2024
- Preparing consolidated financial statements of the Group on a monthly, quarterly and annual basis
- Ensuring compliance with Group's policies and procedures and proper reflection of transactional events in the accounts as per IFRS
- Providing support and guidance to the finance teams of the subsidiaries
- Ensuring adherence to the Group's accounting procedures and internal controls
- Preparation of cash flow forecast and efficient management of funds ensuring sufficient funds are available to meet the operational and CAPEX expenditures
- Uploading and reviewing the financials and supporting reports to Hyperion Financial Management
- Preparation and control of budget and reporting of budget variances with reasons for the variances
- Working closely with the group's executive team to develop and implement financial strategies
- Liaising with external auditors and ensuring that the group audit including standalone statutory financial statements are completed within the scheduled timeline
- Liaising with internal auditor during the course of internal audit of various functional departments and ensuring management responses are provided by respective department heads with responsibility and within the timelines
Audit Assistant Manager
Ernst & Young
04.2016 - 03.2023
- Variegated experience of external audit and other assurance related services in various industry sectors
- Managed all aspects of the auditing process, including end-to-end planning, development and implementation of statutory and review audits, taking a leadership role and working closely with Assurance Partners
- Applied proactive approach and resource planning to ensure timely completion of the audit engagements
- Conducted external audits and limited reviews of financial statements in accordance with International Auditing Standards (ISAs), EY Global Audit Methodology (EY GAM) and local laws and regulations
- Created detailed reports and memorandums on findings along with the final deliverables for clients
- Conducted group audits and prepared consolidated financial statements for large groups
- Proficient in the use of latest digital audit tools including use of Robotic Automation Process (RPA) and audit documentation software
- Trained and guided junior and senior staff to ensure their future development
Group Internal Auditor
Zahid Tractors H&M Ltd
04.2014 - 03.2016
- Performing full audit cycle including risk and control management over operations effectiveness, determining internal audit scope, financial reliability and compliance with all allowable directives and regulations
- Reviewing the systems established to ensure compliance with company policies, plans, procedures, laws and regulations
- Obtaining, analysing and evaluating accounting documentation, reports and flowcharts
- Identifying loopholes, recommending risk aversion measures, cost savings, maintaining open communication with management and audit committee
- Identifying and reporting internal control weaknesses in the system to Senior Management Level
- Preparing and presenting reports that reflects auditʼs result and document process
Education
Bachelor of Science Honours - Accounting & Finance
Oxford Brookes University
01.2011 - 01.2013
ACCA - undefined
Association of Chartered Certified Accountants
01.2011 - 01.2013
Certified Internal Auditor - undefined
The Institute of Internal Auditors
01.2014 - 01.2015
ACA - undefined
Institute of Chartered Accountants England & Whales
01.2014 - 01.2016
Skills
- Financial reporting, budgeting and analysis
- Team leadership and development
- Multitasking Abilities
- IFRS & IAS
- Compliance
- EY Audit Documentation and EY Data Analytics Tool
- Cross-functional communication and collaboration
- Microsoft Office
- ORACLE Hyperion Financial Management (Fusion)
- SAP Experience
- Management experience
- Relationship Building
- Cash Flow Management
Interests
Sports
Shopping
Accomplishments
- Designed and implemented a comprehensive Excel consolidation template to streamline financial reporting processes for MEPCO
- Led the finance team for implementation of Fund Management Module for Budget preparation and management at Depa Group
- Collaborated with the team that developed PowerBi for the analysis and presentations for Depa Group
- Part of the team that successfully implemented Oracle HFM at Depa Group
- Earned multiple Shukran Star Awards in Ernst & Young for outstanding performance in technical excellence, leadership and client handling
- Passed all of the 14 ACCA exams in first attempt
Courses
Data Analytics - 2020 (Ernst & Young)
New Senior Program - 2018 (Ernst & Young - Netherlands)
Auditing, Teamwork, Data Analysis, Problem solving and Leadership
International Accounting Standards (IFRS) - 2017 (Ernst & Young)
EY Global Audit Methodology - 2016 (Ernst & Young)
Information Security - 2016 (Zahid Tractors Learning Center)
Business Ethics - 2015 (Zahid Tractors Learning Center)
Timeline
Group Financial Reporting Manager
MEPCO
08.2024 - Current
Audit Assistant Manager
Ernst & Young
04.2016 - 03.2023
Group Internal Auditor
Zahid Tractors H&M Ltd
04.2014 - 03.2016
Certified Internal Auditor - undefined
The Institute of Internal Auditors
01.2014 - 01.2015
ACA - undefined
Institute of Chartered Accountants England & Whales
01.2014 - 01.2016
Bachelor of Science Honours - Accounting & Finance
Oxford Brookes University
01.2011 - 01.2013
ACCA - undefined
Association of Chartered Certified Accountants
01.2011 - 01.2013
Group Financial Reporting Manager
Depa United Group
3 2023 - 07.2024
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