Ali Bin Tairq

Experience

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  M. Yousuf Adil Saleem & Co.

  Oct 2009 - Dec 2011

  Trainee

  Worked in the Audit Department to provide assurance & financial services to a range of diversified clients. During this tenure, I took part in conducting of audits (statutory audit) of Public Limited Companies, Public unlisted Companies, Private companies, and Government Institutions. I also gained the experience of internal & special audit assignments including client system review, appraisal of control environment and reporting on the internal control system including the impact of control weaknesses and suggestions to overcome/confine these weaknesses. I got the skills of self-management, professional behaviour, communicating with others internally as well as externally, managing sub-ordinates & meeting deadlines in time bound assignments. Show less

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  Aziz Fatima Trust Hospital

  Dec 2011 - Jul 2013

  Assistant Manager Finance & Accounts

  Core Responsibilities:a. To maintain Books of Accounts and to assist department In-charge and Management.b. To perform all activities of Accounts, including Payables and Purchases, Receivables and Billing, Payroll & Govt. Dues, Expenses, Store transactions, Cash handling, etc. according to laid down procedures and policies.General Responsibilities:1. To prepare the Financial Statements for the top management to make strategic decisions accordingly.2. Liaison with external auditors and support them in yearly statutory audit and provide them the necessary details, documentation, explanation, etc. to aid the smooth working.3. Support the internal auditors in their working and provide them the required details & explanation on timely basis.4. Management of cash flows and maintain & improve the working capital of hospital.5. To check the PO with all other documents & last purchase prices of the items with other formalities, i.e. Store indent, authorization, etc.6. Supervising the recording & preparation of Purchase Voucher: (JV) to ensure other formalities have been completed, i.e. PO, SRNs, date of receiving, item codes. Special consideration to be given to classify consumables and non-consumable (fixed items). 7. Maintenance of Main Ledger & Sub–Ledgers of suppliers & due dates.8. Checking of validations of store receipts & reconciliation of store receipt with general ledger.9. Oversee the daily collection and timely deposit in bank account and investigate any variance. 10. To supervise/ check all the operation, recording and function of Payable Section.11. Supervise the inter-group transactions and follow-up the monthly/yearly funding from the trustees. 12. To follow up for timely receipts of SRNs, Bills and other documents from Procurement/Commercial department and to check of liabilities together with bills, SRNs, IGP and other related documents.13. To arrange and ensure for timely submission of Tax Returns to Tax department and other concerns. Show less

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  NADEC Foods

  Feb 2014 - Mar 2020

  Credit Accountant

  Worked in the 2nd largest dairy company of Saudi Arabia on different positions as “Reporting Accountant” in Head Office to “Credit Accountant” in South Region to “Reconciliation Accountant” for the biggest super market (Panda) in KSA. Reported directly to Manager Sales Accounting/Regional Accounts Manager for the daily, weekly, monthly, quarterly and yearly reports of the Sales, A/c receivables, stores and MIS reports. Core responsibilities included:• Took care & followed up the receivables on week & monthly basis and ensured that the collection from them should be as per the target amount.• On monthly closing, ensured the accurate posting of data to SalesPro & ERP for customers & salesmen.• Made certain that the customers & salesmen balances showing the true position & do reconciliation to solve the variances.• Prepared report for TC (temporary credit) of salesmen and followed-up for the collection.• Ensured that the centres were working in adherence to the company’s policies and procedures and to provide them the required support.• Prepared different reports on receivables & DSO report for management for strategic decision making.• Prepared report for the “stock discrepancies” in van and “daily cash shortage” from salesmen on daily basis & pushed centres to ensure these as low as possible.• Made report to evaluate the promotion schemes (Free from stores, regrouping, etc.) and ensured that these expenses are within the monthly & yearly budgets.• Made manuals, controls & SOPs for different operations as needed.• Liaised with other departments and provided them the requisite data, information & explanation as required.• Occasionally, visited centres for any special assignment & to check the general operations from audit perspective.• Monthly reconcile the payment made by Panda super market with our record & followed up with them for any discrepancy & to get copy of DN for any weekly promotions done by our sales team & cross check with our annual budget. Show less

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  Alvi Trading Company Limited

  Aug 2020 - now

  Financial Controller

  Alvi Trading Company Limited is a medium-sized trading business that deals in Mercedes/Man trucks spare parts in Kenya. As a “Financial Controller” evolving the company’s organisational structure, system developments, process improvements, and internal control systems, implement the new operational software, making SOPs for each department/process, and supervise the accounts department. Core responsibilities are:• Shaped the overall accounting department by streamlining processes, removing disconnects, segregation of duties, and job-related training.• Led the transition to automate practices by accelerating the tasks/reports via Microsoft Excel that reduced the cost of labor by 40% and operational overhead expenses by 10%.• Spearheaded a training program in MS Excel for finance team members as per their JDs which enhanced their abilities to discharge duties effectively & efficiently.• Developed new reporting procedures including thorough resigning of financial processes, resulting in a lowered reporting timeline and error-rate by 30% • Established a verification system where data is collected, posted & verified among different processes, and turned into MIS reports that improve the management's decision-making promptly.• Overseeing and leading a team of 4 to achieve regulatory financial reporting requirements every month.• As a team member, implemented & executed the new operational software successfully (Automan) which boosted our customer service, stock management, and ordering system.• Been part of the team, developed SOPs of various processes/functions & departments, and implemented them successfully. Show less