MuhammadZouq Falak

A Saudi–Turkish collaboration between Al Rashid Trading & Contracting (RTCC) and IC ICTAS Construction (an IC Holding subsidiary), delivering large-scale infrastructure and aviation projects aligned with Saudi Arabia's Vision 2030.

Scope — Lead the complete financial governance and accounting operations for the King Khalid International Airport Expansion Project, valued at SAR 3.8 billion — ensuring compliance with IFRS, ZATCA and Turkish HQ standards while driving transparency, cost efficiency and audit excellence in coordination with KPMG.

• Independently manage end-to-end project accounting — cost tracking, general-ledger management, ERP-based accounting (SAP & Delta) and monthly financial closings per Turkish HQ standards and IFRS
• Direct full project financial control over SAR 4 billion budgets, applying IFRS 15 cost-to-cost revenue recognition with monthly variance analyses to keep projects within approved margins and timelines
• Prepare and submit comprehensive monthly financial statements to head office, ensuring accuracy, compliance and transparent visibility of project financial performance
• Coordinate with project managers, procurement and engineering teams to align cost estimates, billing milestones, disbursement schedules and contractual terms for optimal fund utilisation
• Oversee cash flow management, treasury operations and bank relations — preparing rolling forecasts and negotiating credit facilities for uninterrupted funding and optimised financing costs
• Monitor budget consumption, cost structures and cash positions to strengthen financial discipline, mitigate risk and support strategic decision-making
• Ensure full compliance with Saudi financial regulations, ZATCA and VAT — maintaining audit readiness and achieving clean audit opinions with zero penalties
• Supported interim and annual external audits by KPMG — preparing audit schedules, reconciling balances and resolving auditor queries for a smooth, timely process
• Act as the primary finance liaison between local operations and Turkish headquarters, enabling transparent cross-border financial reporting and governance
• Implemented cost-control dashboards and KPI tracking tools (Excel / Power BI) to enhance management visibility on profitability and cost drivers
• Supervise and mentor junior finance staff and project accountants, standardising reporting practices and strengthening internal controls and data accuracy

A leading Saudi-based steel manufacturer established in 2006, delivering innovative fencing and smart solutions for the Kingdom's security and smart-city needs with quality, value and expertise.

• Oversaw full-cycle accounting — month-end closing, P&L reporting, project profitability analysis and cash flow management — delivering accurate, timely insights for strategic decisions
• Designed and implemented financial and operational policies with the CFO, focusing on receivables recovery, inventory control, payroll structure and end-of-service benefits
• Drove ERP adoption and optimisation using Odoo, automating finance processes, improving reporting accuracy and strengthening internal controls
• Streamlined financial and operational workflows to optimise cash flow, reduce bad debts and enhance overall company performance
• Collaborated cross-functionally with HR and management on strategic financial planning, Iqama renewals and ZATCA / Saudi tax compliance
• Participated in weekly policy and month-end review meetings with the CFO and management, providing actionable insights to improve business performance
• Monitored key performance metrics and financial KPIs, providing data-driven recommendations for efficiency, profitability and growth

A certified accounting firm serving over 1,600 SMEs across the UK, UAE and Pakistan.

• Managed statutory accounts and prepared corporation-tax computations, ensuring timely, fully compliant filings under UK regulations
• Prepared and submitted VAT and corporation-tax returns in line with HMRC requirements, maintaining 100% compliance
• Supported the Accounts Manager in quality control, raising service standards and strengthening client satisfaction
• Led weekly issue reviews and facilitated monthly core-team meetings, driving better communication and faster task resolution
• Finalised year-end trial-balance adjustments, delivering accurate and complete financial statements
• Collaborated with a nine-member accounting team, meeting tight deadlines and ensuring timely completion of all client projects
• Introduced streamlined working papers and checklists, improving audit readiness and reducing year-end close time