Waseem Shafi is a 29-year-old Pakistani male currently living in Riyadh, Saudi Arabia working as a Senior Accountant. He has a Master's degree in business administration with a focus on banking and finance. He has over 10 years of experience in accounting roles for various companies in Saudi Arabia and Pakistan. His responsibilities have included financial reporting, budgeting, auditing, and implementing new accounting systems.

1. WASEEM SHAFI
 +966-599950407
 +966-1-4763416 Ext. 1005
waseemshafi85@gmail.com
s.waseem@senddex.com
SHORT SUMMARY
• Profile Male, 29, Single
• Nationality Pakistani
• Iqama # 2305797264
• Current Location KSA- Riyadh
QUALIFICATIONS
• Master’s Degree holder – MBA – Banking & Finance
• Association of chartered certified accountant - ACCA (Part-11)
WORK EXPERIENCE
May 2011 - Present Xenel Group of Companies Riyadh, KSA
Saudi Bulk Transport Ltd. (SBT)
Arabian Bulk Trade (ABT)
SBT Logistics Solution (4PL)
Senior Accountant
The group is conglomerate of energy, petrochemicals, construction, infrastructure development, healthcare,
industrial services, IT, logistics, real estate and global investing.
Directly reportable to GM Operation and Manager Accounts.
Managing an accounts department comprising of team of 03 persons.
I am responsible for:
a) Assist in managing the financial budget, planning and analysis required for strategic purpose,
vision, core values and missions;
b) Preparation of Monthly Financial Statements of Project Logistics.
c) Assist in preparation of annual financial statements for Monthly, Annual reporting and audit with
Manager Accounts for SBT- SENDDEX.
d) Reconciling balance sheet accounts.
e) Preparing and posting of monthly journal entries
f) Reporting daily and monthly Revenue analysis (Kingdom wide)
g) Monitoring Accounts Payable (daily cash and Banks Payments).
h) Monitoring Accounts Receivable for invoicing and debtors ageing.
i) Monthly Time Sheet Preparation for drivers (Units & Trips)
j) Setting monthly Collection target for Sales staff (Kingdom wide).
k) Marinating daily sales collection report and bank details.
l) Monitoring and coordination of all accounting activities.
m) Monthly reporting of debtors ACP & >120 days.
n) Monthly reporting of hire Dayna, DN, CN and Cost report preparation.
o) Analyzing income & expenses, comparison with budgets and variance analysis
p) Kingdom wide Top customer revenue analysis for Senddex & Contract Logistics.
q) Coordinating with operation staff at JIP for containers clearing and other charges payment and
invoicing. (Duty payment , Security deposit, DO and other charges)
r) Controlling over the accuracy, completeness, preparation and submission within the legally
required financial and accounting framework;
s) Developing external relationships with appropriate contacts e.g. auditors, Customers & Vendors;

2. My main achievements in this job include:
t) Devising an effective system for collection of debts, responsibility transfer to related departments
down the line;
u) During SAP implementation play a vital role in Reconciliation of Legacy System with new ERP
system and got hand on training on related different modules AP, AR & GL
v) Smooth lining the system of accounts receivables & payables;
w) Finalizing the basic cost sheet of SBT & Project Logistics
x) Marinating Pricing Master Data (Kingdom wide).
May 2008 - April 2011 Ahmed Fine Textile Mills Ltd Multan, Pakistan
Fazal Rehman Fabrics Ltd.
Assistant Manager Accounts- Weaving Unit
The Company with one Spinning & three Weavings, represents a very successful business unit of Multan’s one
of the biggest textile based group (Fazal Group).
Directly reportable to GM Finance & Manager Accounts.
I was responsible for:
a) Assist in Preparation of monthly Profit & Loss, Balance Sheet and other financial reports.
b) Preparation of monthly Inter-unit/Inter-company reconciliations;
c) Coordinate with reporting team to ensure necessary journals are made on provision/ accrual of expenses.
d) Analysing income & expenses, comparison with budgets and variance analysis;
e) Interact with internal and external auditors in completing audits;
f) Checking of monthly AP Accrual Reconciliation and finalizing it;
g) Formulating strategic and long-term business plans;
h) Evaluations for cost-reduction opportunities;
i) Booking of L/C’s and dispensing with completion of related Assets’ cost;
INTERNAL ASSIGNMENT - ERP (Oracle 11i) IMPLEMENTATION
Directly reportable to IT Steering Committee (comprising Functional heads of departments, Managers and
support staff), managing the smooth implementation of ERP software within due course of time.
I was responsible for:
a) Participating responsibly in the ORACLE implementation team.
b) Conceive the idea and identify the requirements of the company to move to ORACLE based systems to
cater with the current business requirements.
c) Preparing data based on old systems in accordance with the requirements of ORACLE systems thus
providing a bridge between legacy system and ORACLE system.
d) Functionally work, monitor and control the implementation of following modules of ORACLE ERP
Systems: Inventory module, Accounts payable, Accounts Receivable & GL.
e) Reconciling modules with General ledgers, review the individual modules entries for accuracy of data.
Dec 2004 - April 2008 Ahmed Fine Textile Mills Ltd. Multan, Pakistan
Accountant
Reportable to Manager Accounts while assisting and managing the job on different Modules.
I was responsible for:
a) Fixed Assets Depreciation calculations
b) To prepare variance analysis, investigations and reporting thereof to the management (Sizing and
Packing cost)
c) Preparing Bank Reconciliation
d) Department Wise Capital Cost Analysis
e) Preparation of Monthly store Consumption
f) Making Vendor Payments
g) Preparing Sizing and Packing cost of Fabric

3. h) Preparation of L/C documentation and keeping record of L/C’s.
i) Correspondence with Bank related to L/C matters.
PROFESSIONAL STRENGTHS
Professional attributes include:
• Excellent excel skills
• Innovation & Improvisation
• Lateral Thinking
• Decision Making
• Interpersonal Skills
• Creative Problem Solving
• Molding the pressure into motivation and get maximum potential from myself and the team
working with me.
References: Will be furnished on demand