SYED ZAHID HASHMI

Mobile: +966566647541 ~ E-Mail: [email protected]

LOCATION : Riyadh Saudi Arabia

SENIOR ACCOUNTS & FINANCIAL MANAGEMENT PROFESSIONAL

Led the design of optimum capital structure and financial strategy for the company keeping in mind capital expansion for existing business, investment in new businesses/projects, and short-term cash optimization

PROFILE SUMMARY

·          24 years of commendable success in Financial Planning & Control, Accounting Operations & Fund Management, Costing and Budgeting as well as Team Management

·          Currently working with Dubai Saudi Arabian Contracting Company as Senior Accountant

·          Pioneer in the design & delivery of innovative financial assignments; leader in facilitating change through redesign of internal operating and business processes

·          Demonstrated  business acumen in managing finance operations and contributing higher rate of organic growth; proficient at handling Foreign Currency based operations; dealt with international banks

·          Successfully reviewed as well as enhanced all accounting procedures; automated & integrated accounting information systems, prepared accounting forecasts with coordinated budget projections and developed a plan to finance significant unfunded capital authorizations

·          Possess excellent communication, analytical, decision making, time management and leadership skills with proven ability in planning & managing resources

DOMAINS EXPERTISE

CAREER CONTOUR

Since Oct’09: Dubai Saudi Arabian Contracting Company as Senior Accountant – Riyadh KSA

Jan’07-Jun’09: Eastern Duty Free Services Pvt. Ltd. (E.D.F.) For Jinnah International Terminal, Karachi as Chief Accountant

Aug’03-Dec’06: Adam Pakistan Ltd. (Groups), Karachi, Pakistan as Chief Accountant

Feb’98-Aug’03: Siddiqsons Denim Mills Ltd., Karachi, Pakistan (GROUPS) as Accountant

Jan’96-Jan’98: Rebel Pelle (Pvt.) Ltd., Karachi, Pakistan as Accountant

Jan’93-Apr’95: Drilltech Engineering (Pvt.) Ltd., Karachi, Pakistan as Assistant Accountant

Key Result Areas:

·          Performing the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals

·          Creating budgets & conducting variance analysis to determine difference between projected & actual results and implementing corrective actions for the same

·          Overseeing all financial transactions, reporting and policies for multiple companies and locations including:

o    General ledger account transactions and reconciliations prepared by accounting staff

o    Fixed asset management and depreciation schedules

o    Monthly variance reports for the service and operations departments

o    External & internal audit information requirements for timely completion of audit schedules

·          Overseeing financial statements including Trial Balance, Profit & Loss A/c, Age-Wise Accounts Payables and Receivables Statements and Balance Sheets

·          Liaising with banks for optimum utilisation of available Cash Credit Limit; taking care of financial systems and management procedures by means of proper budgeting & ensuring that controls are adequate

·          Administering treasury functions including optimum utilization of surplus funds; controlling management of funds & securities ensuring pay-in/ pay-out of funds in time without fail

·          Maintaining the financial accounts and records with supporting documentations for General Ledger, Accounts Payable, Accounts Receivable, Treasury, Wages and Fixed Assets Register

·          Overseeing advance controls for advance payments & following up with purchaser, cost centre wise consumption & analysis with average consumption

·          Following up of bills receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control

·          Evaluating computerized accounting systems and providing recommendations to IT team for performance improvements

·          Reviewing daily summary of cash disbursements & cash receipts; working with the company’s other accounting executives regarding the cash receipts and disbursements

·          Assisting with tax audits & tax returns; preparing the monthly statement of IT2A and u/s 50 for tax department

SCHOLASTICS PORTFOLIO

Masters in Business Administration – Finance in 2009

Hamdard University

Bachelors in Science in 1991

Karachi University, Pakistan

Bachelors in Commerce in 1994

Karachi University, Pakistan

IT Skills: Comprehensive exposure to Oracle (ERP), MS Office, Quick Book Pro (ERP), Visual Basic, FoxPro, Peachtree and Internet Applications

PERSONAL SNIPPETS

Date of Birth:                 2nd August, 1970

Current Location:           KSA

Nationality:                    Pakistani

Marital Status:               Married

Driving License:             Valid Pakistani / Saudi Car Driving License