Accounts Professional with 8+ Years of Finance Experience
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Tousif Ahmed Naseer
+965 99 31 99 20 tausifahmad982@gmail.com
Profile
An accounts professional offering over 8 years of diversified experience within the finance and
accounts function of large group of companies in Kuwait. The experience mainly entails Food &
Beverage and Consumer Finance industries.
Hands on experience of various accounting functions including accounts payable, accounts receivable, stock
costing, bank reconciliations, related party accounting, payment processing, petty cash management,
prepayments and accruals.
Periodic reporting for management purposes as well as regulatory requirements.
Preparation of dashboards and summary reporting and cash flow statement for monthly closing and management
decision making.
Experienced in using Oracle Financials and other ERP systems for accounting.
Successfully implemented Material control system for restaurants and had been part of steering committee for
system implementation.
A reputed professional known for discipline, commitment, team playing, meeting deadlines, working under pressure,
multi-tasking and delivering solutions.
Experience
The Sultan Center Group, Kuwait Senior Accountant Apr 2008 till date
The Sultan Center (TSC) is a diversified and one of the largest groups of companies listed on Kuwait
Stock Exchange. TSC is the largest retailer in Kuwait. Other TSC business including Food & Beverage /
Catering, Clothing & Fashion, Telecommunication and Security.
Joined as an Accountant and got promoted to Senior Accountant position within a short span of 2 years.
Successfully carried out general ledger accounting, including posting journal entries, account analysis and
reconciliations, month end closing and other daily tasks – acted as chief accountant in the absence of the chief
accountant.
Assisted Chief Accountant in monitoring cost of the restaurants on monthly basis; investigated any differences in
the cost of sales.
Carried out payment processing including dealing with local and international suppliers for any payment related
issues and account reconciliations.
Prepared monthly payables dashboards on aging, payment forecast and other creditor KPIs for management
information, control and treasury management.
Performed inventory accounting and control that entailed analysis, work in progress reporting, investigation of
variance and stock counts. This also included updating recipes and master data on FMC for corrections and
update.
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Experience (Cont’d)
Monitoring of daily purchase cycle on FMC (Fidelio Material Control) and notifying errors and pending requisitions
to the related authorities.
Cash and bank accounting including bank reconciliations and petty cash recording and control.
Prepared and recorded sales transactions.
Ad-hoc management reporting and analysis, marketing impact analysis and expense summarization.
Al Mulla Int’l Financing & Investment Co. Accountant Jul 2006 – Mar 2008
Al Mulla Group is one of the largest privately owned businesses in Kuwait and the Gulf region. With
over 12,000 employees, over 30 different Group companies and subsidiaries, operating in 8 different
countries and affiliations with over 200 international brands. Responsibilities included the following:
Preparation of monthly and quarterly consolidated and stand-alone financial statements of Al Soor Financing &
Leasing Co. (K.S.C.C) – the parent company of Al Mulla Int’l.
Preparation of monthly and quarterly CBK (Central Bank of Kuwait) reports for Al Soor Financing & Leasing Co.
(K.S.C.C). The purpose of these reports is to show the financial position of the company at each month end. The
reports also include the Foreign Currency and borrowings distribution, credit granted (secured and un-secured) to
residents and non-residents clients.
Preparation of Daily Cash Collection summary for Al Mulla Int'l, posting of daily loan transactions in the Retail
Finance Management System.
Maintaining supplier accounts, posting debit and credit notes and processing payments. payments
Kuwait Aviation Services Co. Operations Coordinator Dec 2004 – Jun 2006
(KASCO)
KASCO is a subsidiary of Kuwait Airways that runs the airline’s kitchen and catering operations.
Customer Services – it includes dealing with customers (the airlines, other departments of KAC and any local
customers) for any catering requirements.
Preparation of daily flights movement – including co-ordination with Kuwait Airways flight movement schedule
department.
Preparation of daily meal order for flights, sending text messages to int’l customers and parties
Professional Qualification
ACCA (Association of Chartered Certified Accountant) - Student UK
Certified Accounting Technician UK
Diploma in Information Technology and Hardware Certification Pakistan
Higher Secondary School Certificate FPS College, Kuwait
Personal information
31 years old Male Married
English, Arabic (basic), Urdu Place of birth: Pakistan Muslim