Mohammad Faraz Rabbani CMA

Experience

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  International Moving & Trading Corp

  Dec 2009 - Mar 2011

  Accountant

  Took active part in preparation of cost reports with close interaction of Senior Accountants and Finance Manager, to generate reports incorporating comments on status on variations, claims, receivables, etc as part of cost report. Identifies and examines costs inconsistent with projected values, unusual cost records and accuracy of cost data. Review cost and cost benefit analysis related to projects. Processing and analyzing engineering projected costs, including: tooling, samples, account payable and receivables. Show less

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  The Institute of Swift Learning

  Apr 2011 - Jun 2012

  Instructor

  Conducted Seminars in Numerous Universities departing American Certification's Benefits. Assisting and Mentored Associates pursuing for Certifications. 1) Financial Planning, Performance and Control;- Planning, Budgeting and forecasting- Performance measurement- Cost management- Internal Controls2) Financial Decision making;- Financial statement analysis- Corporate finance- Decision analysis and Risk management- Investment decisionConducts Financial Analysis Courses for SABIC covering topics of Due Diligence, Financial Ratios, Statement Analysis, Derivatives, Investment Alternatives, Merger & Acquisition, Financial Scams and Detail Analysis of SABIC Financials data of 2010. Show less

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  Universal Cold Stores Trading Company Limited

  Jun 2011 - Oct 2011

  Accounts Manager

  Managing 5 Retail branches of UCS operating in Al-Khobar, Saudi Arabia using Oracle and Al-Ameen and assigned duties of Posting Journal and Ledger Entries, Creation of the trial balance of Branches, Bank Reconciliation, Stock Reconciliation, Physical Cash Checking and Reconciliation, Payroll Management of Branch Employees, Management of Petty Cash of Branches, Monthly Reports and Other Duties Assigned by Management about Branch Management.

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  Assystem Radicon

  May 2012 - Dec 2012

  Chief Accounts Manager

  Reporting to Finance Controller and Finance Manager for Accounts of 2 Companies: 1) Radicon Gulf Consult 2) Skin Clinic & Medical CenterJob Description:1) Daily bank Reconciliations from Online Bank of Saudi Hollandi, Riyad Bank, SAMBA and ANB.2) Montioring Receivables, Payables and Vacations Settlement of 220+ employees Company.3) Monitoring ERP system of QuickBooks, HRMS and FOCUS systems.4) Monthly Reporting of Complete Financials Report including cash flows.

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  Skin Clinic & Laser Medical Center

  Dec 2012 - May 2013

  Assistant Financial Controller

  After successful implementation of QuickBooks software in Skin Clinic & Laser Medical Center, the company started its Dental Services Division with Partnership Agreement. Job Description includes updating and monitoring Internal Controls by defining Job Descriptions of each employee for segregation of duties. Covering all areas of Accounting and Finance and Managing Payroll of 40 Employees including Professional Doctors with End of Service Benefits as per Saudi Labor Law. Managing Payables, Receivables, Administration, and Human Resource which can be considered operational services in general.Mr Ali Khudair Al Harbi, Chairman of Ali Al Harbi Group owns more than 20 companies operating in diversified industries. Radicon Gulf Consult (RGC) is Head office for the rest of companies. Business Industries Include Construction, Civil Engineering, Designing, Landscaping, Real Estate, Dermatology, Dental Services, Furnished Apartments, Ladies Centers, Sports Center and Health Clubs. Show less

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  Gulf Gardens Constructions

  May 2013 - Feb 2014

  Manager - Accounts & Finance

  Job Description includes Implementation of Accounting Software and Internal Controls from scratch. Ensuring Implementation of Controls and Covering all modules of Accounts & Finance and reporting to Management Monthly, Quarterly and Semi-Annually. Dealing with clients & Banks, Collections from Customers.Estimating Manpower hours, Cost Budgeting for Projects and tracking variances to monitor performance and working closely with Engineering Team to assist for Project Completion with deadlines.Mr Ali Khudair Al Harbi, Chairman of Ali Al Harbi Group owns more than 20 companies operating in diversified industries. Radicon Gulf Consult (RGC) is Head office for the rest of companies. Business Industries Include Construction, Civil Engineering, Designing, Landscaping, Real Estate, Dermatology, Dental Services, Furnished Apartments, Ladies Centers, Sports Center and Health Clubs. Show less

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  Enjaz Energy & Projects

  Feb 2014 - now

  Ensuring submission of MMR reports to leadership team based on agreed timelines.Prepares budget formats and maintain analytical reports to control performance.Monthly review of Financials before closing of books and highlight any exceptionsMonthly review and analysis of overheads, capex and inventoryEnsure the compliance with IFRS and tax regulations, and establish and enforce proper accounting methods, policies and principles.Control accounting activities and reports related to inventory, fixed assets, receivables, treasury and cash flows.Review and files all appropriate tax forms (ZAKAT, VAT, WHT) and reports with government agencies.Prepares financial analysis & reports for both internal and external audit purposes and replies all Governing bodies inquiries.Preparation of Board presentations for Budgets, Qrtly performance etc (P&L,BS and CF)Ensures maintenance of proper audit trails and verification and reconciliation actions for all processed work.Coordinate with external auditors and facilitate financial statement validation Show less Ensure accounts reconciliation including bank accounts and related party transactionsOverview and Maintain Contract Assets and Liabilities (manage billing to customers in timely manner)Follow up with banks to:Prepare and issue guarantees and LC'sManage the credit working capital facilitiesActively participating in assigned accounting and month end closing processes under IFRSParticipate in month-end closings, assist accounting team in general ledger account analysis and Balance Sheet account reconciliations, Show less Accurate and timely recording of accruals, reallocations journal entries and reconciliationsRecording & reconciliation of process Inventory, COGS and other variable costsCycle count accuracy and review cycle count results and accuracy according to policyPreparation of cost analysis reports for the projectsCost analysis by cost centre, operational unitResponsible for forecasting, budgeting, and business plansPreparation of Monthly Business Review PackagesDefine product cost master data and overhead (Bill of Materials and Standards)Create product cost estimates (actuals, budget, and forecast) Show less

  • Finance Manager

    Feb 2020 - now

  • Chief Accountant

    Feb 2018 - Jan 2020

  • Management Accountant

    Feb 2016 - Jan 2018

  • Accounting Specialist

    Feb 2014 - Jan 2016