ASAD ZAHEER's Resume

ASAD ZAHEER

Cost Controller

Male

Cost Administrator/Financial Analyst

Live in Saudi Arabia

Nationality Pakistan

Cost Controller
KSB Pumps Arabia Ltd - Abunayyan Holding Company
2025.04-Current
(a year)
Financial Cost Controlling and Performance Analysis • Analyzed planned vs actual production costs, identifying material variances and escalating corrective actions to management. • Performed gross profit analysis across business segments, supporting management decisions on low-margin and underperforming projects. • Monitored cost-of-sales trends and abnormal cost movements, improving visibility over margin drivers. Standardized Cost and Month End Close Activities • Determined standard product costs in coordination with Production, Supply Chain, and Product Planning teams. • Lead monthly production and sales order settlements, ensuring accurate financial postings and timely month-end close. • Proposed monthly accruals for cost of sales to ensure accurate financial results for the team. Group Stakeholder Management • Partnered with Group GRC to track and report progress on Risk Management initiatives. • Identified and managed risks related to working capital cycle, fixed asset management and potential write-ofs. • Supported internal and external audits including local content and royalty compliance. • Collaborated with the Group Finance Controller to ensure accurate and timely monthly reporting of sales, production orders, reworks, and upcoming order intake, supporting data-driven decisions at KSB. • Engaged with the Group Finance team on a project to calculate FY 2026 standard rates across work centers, providing detailed insights into overhead costs. • Monitored and controlled costs by evaluating rework orders raised by production and sales teams and analyzing past supplier orders to detect and minimize additional expenses. KSB Insurance Handling • Managed KSB’s insurance portfolio, including PPE, vehicles, fidelity, and marine policies, and coordinated with the insurance broker to provide quarterly financial data requested by insurers.
Senior Financial Analyst
Al Yusr Industrial Contracting Co-Nesma & Partners
2022.10-2025.03
(2 years)
• Prepare monthly in-house financial statements in accordance with company policies and reporting standards. • Prepare and present the company’s reporting package for the Board of Directors. • Perform project-wise bridge analysis for revenue and expenses to explain variances. • Manage and coordinate with external party for LC and IKTVA certification requirements. • Prepare monthly gross margin reports for management review and decision-making. • Responsible for overseeing & managing the financial aspects of diferent projects such as Aramco, Noma, Petrokemya & Others & ensuring cost control, budget adherence & accurate financial reporting. • Ensure timely filing of VAT and Withholding Tax (WHT) returns in compliance with regulations. • Monitor and review monthly accruals, project costs, and amortization schedules. • Coordinate with external auditor and ensure successful completion of the annual external audit. • Handled bank queries and provided the required data as per the request. • Ensure compliance across finance and accounting department.
Financial & Cost Reporting Analyst
National Care Company - SRG
2021.07-2022.09
(a year)
• Preparation of NCC group financial statements on monthly basis. • Responsible for making intercompany & supplier reconciliation on monthly basis. • Prepare monthly reporting package which includes financial indicators company wise, aging reports, financial reports to CEO. • Improve financial status by analyzing results, monitoring variance budget vs actual and identifying trends and recommending actions to management. • Responsible for making company’s VAT return and ensure that VAT accounts are fully reconciled.
Accounts Payable Supervisor
National Care Company -SRG
2020.10-2021.06
(9 months)
• Handled daily AP processes, supervising AP accountants, manage vendors & oversee the timely, accurate processing of Invoices, credit memos and payment transactions. • Report Performance results monthly/quarterly on an accurate and timely basis. • Monthly reconciliation of GL and subledgers of Payables. • Assist users in developing queries for payables. • Ratio analysis. • Ensure that the payments terms are updated as per the management’s decision.
Financial Analyst & Accountant
Nesma United Industries
2015.08-2020.09
(5 years)
• Prepared monthly divisional financial statements, ensuring accuracy and timely reporting. • Managed monthly intercompany reconciliations, resolving variances and maintaining clean balances. • Prepared monthly reporting packages, including key financial indicators, divisional aging reports, and detailed financial analyses. • Handled accounting activities for Bahraini entities through to successful completion of external audits. • Supported management in preparing materials for Board review meetings on a monthly, quarterly, and annual basis. • Assisted the FP&A team in finalizing the annual budget for Nesma, ensuring alignment with strategic objectives. • Coordinated with divisional Finance Controllers to compile and validate contract status reports for senior management. • Enhanced financial performance by analyzing results, monitoring variances, identifying trends, and highlighting key risks to management.
Assistant Manager Customer Services
Unilever
2012.02-2015.04
(3 years)
• Reported to Customer Service Director.