Chief Financial Officer

• Dec 2020 - Present

• Connecting the internal platform "Platform" with the Odoo system and creating accounting entries, and directing them to the general ledger accounts, taking into account bank fees on transfers or credit cards. • Preparing a business model for bank reconciliation of investors deposit accounts between the bank statement and the platform. • Meet the requirements of the external auditor and submit all the requirements for reviewing the annual financial statements and value added tax • Submit the required reports to the Capital Market Authority for the crowdfunding service. • Providing the CEO with the required reports, the financial position and the income statement compared to past years, and setting up a cash management plan and following it up • Preparing a "budget" and coordinating with other departments to present each department's expected revenues and expenses. • Assistance installing ERP system Odoo program, preparing the accounting tree, cost centers, profit centers, preparing financial statements and periodic financial reports.

Head Of Accounting Department

• Feb 2020 - Dec 2020

Chief Accountant and Operations Manager

• Mar 2018 - Feb 2020

• Prepare timely and accurate Net Assets Values (NAVs), yields, distributions, performance & management fees, and other fund accounting output for subsequent review.• Record accurately, and in accordance with the Department policies and procedures, such accounting records as securities positions, and journal entries.• Reconcile various accounts, or reviewing reconciliations prepared by others, and promptly researching and correcting any variances.• Assist, as assigned, in preparing audit schedules, compliance reports, financial statements, or other reports.• Ensuring consistent application of International Financial Reporting Standards (IFRSs).• Follow up on dues from projects investments, send repayment notification, and prepare reports detailing receipts and overdues.• Process disbursements for redemption of units by investors and payment of other operating expenses.• ensure timely and accurate processing of all transactions/ dealings• Interact with other divisions and departments to maintain compliance in all the aspects.• Ensure Shariah clearance for all related investments.Reporting and Communication:• Report to management the overall quality of the funds, progress status key changes, and status of adherence to the risk management guidelines.• Prepare weekly cash reconciliation and position report.• Provide timely and accurate information to the external and internal auditors, the Compliance function and Group Risk, as and when required.• Share Follow up & portfolio monitoring information with the related business managers to build operations management knowledge and enable them to use this knowledge to benefit their business decisions.

Chief Accountant

• Jan 2013 - Feb 2020

• Manage complete accounting cycle inclusive of analyzing financial transactions, passing journal entries, posting them in relevant general ledgers, preparing financial statements (Income Statement, Balance Sheet and Cash Flow Statements) and consolidating reports for the senior leadership• Align the internal controls with global best practices to mitigate risks associated with frauds and embezzlements. • Touch base with bank representatives for updates on Murabaha based investments by the company. • Conduct variance analysis between budgeted and actual figures and share key areas of concern with the senior leadership for timely action.• Facilitate the CFO in the preparation of ICAAP and Pillar III reports that have to be submitted with the regulators (Capital Market Authority) on a yearly basis.• Prepare Capital Adequacy Model in Excel and CAM Online; share it with the regulators (Capital Market Authority) on a monthly basis.• Develop cordial working relations with all internal and external parties so that all financial transactions are recorded and reported completely, accurately and transparently.• Collaborate with external auditors from Big 4 Audit Firms for finalizing audit and zakat.• Reconcile Debtors/Creditors Ledgers and Bank Statements on a monthly basis.

Senior Accountant

• Oct 2006 - Jan 2013

• Prepare journal entries for the Headquarter and all offices. • Assure that all acquisitions, disposals, revaluations and cost allocations linked with Fixed Assets are properly recorded in the financial accounting system. • Record overheads and assure that these are within budgeted limits to maintain profitability at the budgeted level. • Provide support and assistance in tasks pertaining to monthly closing with the intent of completing the cycle and furnishing accounts in a timely manner. • Evaluate intercompany, bank, debtors and creditors reconciliations and resolve discrepancies in an efficient and effective manner. • Compute monthly profitability from investments in sync with contracts and deals with counter parties. • Perform ratio analysis of financial statements to gauge liquidity, profitability and solvency of the company.

Accountant

• Jun 2003 - Sep 2006

• Analyze financial transactions, pass journal entries and post them in relevant general ledgers. • Ensure accuracy and completeness whilst punching gold invoices in the financial accounting system. • Reconcile Bank Statements and Vendors Statements and make corrections in a timely manner to avoid re-work later. • Prepare financial statements (Incomes Statement, Balance Sheet and Cash Flow Statement) in sync with applicable financial reporting standards; share key financials with the senior leadership to assist them in evaluating the current financial situation of the company • Reduce the negative impact of volatility in the prices of gold through hedging and by re-evaluating the position in gold at regular intervals. • Provide requisite data to external auditors and address their concerns in a satisfactory manner.