SQ
Sawal Qayum
Assistant Finance Manager at Redco International Contracting Company
Neom, Saudi ArabiaWork Experience
Redco International Contracting Company
Jun 2024 - Present -1 yr, 3 months
Saudi Arabia
- Job Details:Prepared comprehensive monthly financial reports and periodical statements in compliance with IFRS standards. Led and managed all accounting activities, ensuring accuracy and compliance with internal procedures. Developed and implemented a streamlined process for managing OPEX and CAPEX budgets, enhancing financial oversight. Identified risks and opportunities for cost savings, optimizing financial performance across projects. Collaborated with shipping agents to ensure timely shipment clearances, improving operational efficiency. Monitored cash flow and ensured sufficient liquidity for operational needs. Investigated & reported on budget variances & suggested actions to be taken. Managed tax returns and ensured compliance with regulations, reducing potential liabilities for the company.
Assistant Manager Consolidation & Reporting
Afiniti Software Solution Private Limited
Mar 2023 - Nov 2023 -8 months
Pakistan
- Job Details:Assisted senior manager accounts in month closing process of company at consolidation level including subsidiaries outside Pakistan. Preparation of profit & loss and balance sheet at consolidation level by commenting on variance in expense and flex in balance sheet MoM and YTD. Preparation of department slides and presenting it to top management by explaining MoM variances. Preparation of department relocation schedules. Doing transfer pricing of multinational entities.
Sarak Pe Kharak Restaurant LLC
Nov 2021 - Feb 2023 -1 yr, 3 months
- Job Details:Management of all financial activities of business as owner of business. Management of investing and borrowings activities of business. Preparation of budget for business. Preparation of feasibility report of F&B business.
Origami Japanese Cuisine & Sushi Bar
Aug 2019 - Oct 2021 -2 yrs, 2 months
- Job Details:Managed financial borrowing and proposed financing options for new projects, optimizing interest rates. Prepared monthly management accounts and annual budgets, providing insights that improved profitability by 15%. Developed and implemented accounting policies in compliance with IFRS, enhancing financial integrity. Streamlined the working capital cycle, resulting in a 20% reduction in financing costs.