SM
Shoaib Iqbal Malik
Head of Finance / Finance Manager
Dammam, Saudi ArabiaWork Experience
Head of Finance / Finance ManagerFull Time
Pipe & Well O. & M. Services Co. (Dammam- KSA)
Oct 2023 - Jan 2025 -1 yr, 3 months
- Job Details:Worked as Head of Finance / Finance Manager with Pipe & Well Services Co., established to render a wide range of services for inspection, testing, and its certification for oilfield, petrochemical, and marine industries. The following are the key responsibilities: Collaborate with Senior Management to align financial goals with business strategy, optimizing profitability and minimizing risk. Conduct financial modeling and risk assessments for ongoing as well as prospective projects. Maintain a robust financial system, and controls to ensure efficiency, reliability, and transparency. Ensure that financial statements are in line with IFRS and pronouncements that are endorsed by SOCPA. Liaise with auditors for routine audits, as well as audits related to LCGPA "Local Content" and "IKTVA" programs. Leading the role in financial planning as well as finalization and implementation of the company’s annual budgets and ensuring that all key staff especially budget holders are properly trained and oriented. Responsible for ensuring compliance with ZATCA rules and regulations for VAT/Zakat, related payments, filing thereof, and obtaining Zakat Certificate on a timely basis. Responsible to manage the employees' end-of-service benefits (EOSB) and annual vacation settlement fund in accordance with the KSA labour law.
Senior Financial ControllerFull Time
Plant Tech Arabia Company Limited
Nov 2021 - Jul 2023 -1 yr, 8 months
- Job Details:Worked as Senior Financial Controller with Plant Tech Arabia which is incorporated to provide highly specialized plant and maintenance services for refineries, petrochemical, fertilizer, and other allied process plants. The following were the key responsibilities: Responsible for ensuring the financial system adhere the both local regulations and IFRS guidelines. Responsible for ensuring that the Financial Statements are prepared in accordance with the IFRS for Small and medium-sized enterprises (SMEs) and other standards and pronouncements that are endorsed by SOCPA. Responsible for the preparation and implementation of the company’s annual budgets and ensuring that resources are allocated efficiently to support strategic initiatives and business growth. Responsible for ensuring compliance with ZATCA rules and regulations in respect of monthly VAT payments, withholding taxes (WHT) payments and filing thereof (monthly/Annual) and obtaining Zakat Certificates. Responsible for coordinating external/internal audits and ensure that information is provided as requested and keep audit deadlines and deliverables on track.
Management ConsultantFull Time
Nafees Ahmed & Co.
Feb 2020 - Oct 2021 -1 yr, 8 months
- Job Details:Worked as Consultant with Nafees Ahmed & Co. and responsible for the supervision of wide range of professional services being provided to the clients which helps them to enhance the efficiency and productivity to achieve their business objectives. These professional services include: External/ Internal audits Business valuations Risk advisory Internal controls Assessments Business development Tax Management Accounting & Bookkeeping Client’s capacity building
Interim Head of FinanceFull Time
CARE International in Pakistan (CIP)
Jul 2019 - Jan 2020 -6 months
Pakistan , Islamabad
- Job Details:Worked as Interim Head of Finance with the following responsibilities: Responsible to develop and maintain sound financial management systems for transparency, compliance and assist senior management team (SMT) in risk management on regular basis. Responsible to share financial reports along with analysis with management for decision making. Responsible for the financial closing along with external/internal audit related to the country office’s & donor related reports. Responsible to supervise grants & contacts function and ensure the compliance of agreed procedures by the major donors i.e., USAID/ UNOCHA and CARE Member Partners (CMPs). Responsible to perform special assignments / investigations and procurement spot check (PSC) to ensure that compliance matters are appropriately observed throughout the organization.
Education
Master's Degree in Cost & Management Accountancy
Institute of Cost & Management Accounatnts of Pakistan (ICMAP)Jan 2001