Waqas Iqbal

About

I bring to the table more than 10 years of experience in financial analysis & reporting, budgeting, joint venture accounting, bank reconciliations, fixed assets, inventory, accounts payable & receivable and GL accounting. Throughout my career, I have utilized my leadership, planning and financial skills to consistently drive financial and operational deliverable.

Experience

Thabat Construction Company

Feb 2012 – Jan 2019

Dammam - Saudi Arabia

Accounting Supervisor

Achievements: • Developed and implemented mechanism for charging manpower cost. • Developed monthly revenue and cost reports for operations support ancillary businesses. • Mapped and Implemented Fixed Asset Module in Sage Accpac for our Joint venture projects. • Implemented Tracking System for Fixed Assets. Responsibilities: • Project wise management reporting on Revenue, Cost, Billing and Collection Analysis along with their variance and reasons. • Monitor Actual vs Budget (Capex & Opex) for Head Office and projects and supervise the entire fixed assets accounting. • Bi-weekly reporting to management on company’s total Accounts Payable, Retention and Advance Balances. • Supervise the monthly closing, coordinate with respective personnel and ensure timely closing of accounts along with the preparation of GL schedules. • Prepare monthly financials of Joint Venture projects and coordinate for all financial matter with JV management.

Engineer's Office

Aug 2008 – Dec 2011

Dubai - United Arab Emirates

Accountant - Fixed Assets & Inventory

Responsibilities: • Maintain Fixed Assets Register in SAP and consolidation of CAPEX budget for management reporting. • Preparation of GL schedules on periodic basis and assist in the finalization of accounts. • Booking of vendor invoices and clearing of vendor advances. • Prepare inventory ageing report and monthly provision estimation along with the reconciliation. • Prepare cost wise analysis and high-level summary of selected Projects.

Education

University of the Punjab

Jul 2006 – Jun 2008

Bachelor of Commerce, Accounting

Skills

Languages