Acting Chief Financial Officer

• Sep 2022 - Present

Finance Manager

• Sep 2020 - Sep 2022

- Effective participation in transferring the company to a public joint stock company (listed company). - Apply and keeping abreast of changes in IFRS. - Apply and keeping abreast of changes in VAT, WHT & Zakat. - Monthly Vat return, WHT and yearly Zakat return submit to GAZT department. - Provide strategic support, feasibility studies to the CFO. - Applying effective internal control system within the overall organization. - Design an effective performance management system through clear goals and objectives communications. - Distribute the authorities, responsibilities and monthly closing deadlines over finance department staff. - Mange all monthly reporting and variance analysis functions. - Assist and manage communications with external and internal auditors to accomplish their duties. - Participation in the meetings of the Board of Directors and give an opinion on the results and decisions. - Provide justifications for major fluctuations between actual, budget and prior period’s results. - Provide financial reports (monthly, quarterly and annual) and analysis to the CFO and his Deputy to discuss these reports at the regular meetings of the Board of Directors. - Prepare the Actual and Budgeted Financial Statements (Balance Sheet, Income Statement, Statement of Changes in Partners’ Equity and Statement of Cash Flows). - Provide justifications for major fluctuations between actual, budget and prior period’s results. - Prepare the consolidated financial statements. - Analyze the results and the performance of the companies and activities. - Training financial management personnel on their work and transfer his experience to them so that they are qualified to replace him in case of absence of his absence. - Developing financial management mechanisms that minimize financial risk. - Contentiously focuses on cost deduction plans while keep smooth business functions and environment. - Expert in cost accounting . Show less

Finance Manager

• Nov 2014 - Aug 2020

- Apply and keeping abreast of changes in IFRS. - Apply and keeping abreast of changes in VAT, WHT & Zakat. - Monthly Vat return, WHT and yearly Zakat return submit to GAZT department. - Applying effective internal control system within the overall organization. - Design an effective performance management system through clear goals and objectives communications. - Distribute the authorities, responsibilities and monthly closing deadlines over finance department staff. - Mange all monthly reporting and variance analysis functions. - Expert in cost accounting and cost benefit calculations to take the right decision. - Assist and manage communications with external and internal auditors to accomplish their duties. - Participate in the development of the main objectives of the company and participate in the formulation. - Participation in the meetings of the Board of Directors and give an opinion on the results and decisions. - Provide justifications for major fluctuations between actual, budget and prior period’s results. - Provide the financial reports (monthly, quarterly and annual) and analysis to the Director- General and his Deputy to discuss these reports at the regular meetings of the Board of Directors. - Training financial management personnel on their work and transfer his experience to them so that they are qualified to replace him in case of absence of his absence. - Contentiously focuses on cost deduction plans while keep smooth business functions and environment. - Developing financial management mechanisms that minimize financial risk. - Manage all accounting functions starting from treasury, banks facilities, cash flows, AR, AP, Inventory, fixed assets, revenues, cost of revenues etc. that is comply with either the(GAAP) or (IFRS). - Review and approve application of accounting standards & revenue recognition. Show less

Audit Manager

• Jun 2011 - Nov 2014

- Audit and Preparing Financial Statements for various organizations including Trading, Industrial, Insurance, Constructions, Agriculture, Hotels, Factory, retail, etc. - Understand the client's business. - Obtain understanding of internal control and assess control risk. - Plan the audit engagement and prepare the audit programs. - Perform tests of control if there is a plan to rely on them. - Perform substantive tests. - Complete the Audit. - Prepare the Independent Auditor’s Report and the related financial statements including the notes. - Take responsibility for the planning, execution, and closure of procedures, paying special attention to preparation of work, risk areas, carrying out general audit procedures, and preparation of summary review memorandum. - Perform audit of financial statements (including consolidation) prepared in accordance with IFRS and SOCPA for Saudi Arabian Companies as well as foreign companies with operations in Riyadh. - Identifying, researching and helping to resolve complex audit issues. - Analyze the financial statements of previous years, and issue a report that includes methodology adopted, ratios used, conclusions, and recommendations. - Provide consulting services to clients, in the field of evaluating the client’s business, identifying risk areas, and providing recommendations for improvements. - Prepare the required Letter of Recommendations - Participate in Due Diligence. - Supervising the staffing of assignments with the appropriate professional staff capable to perform the assigned work. - Participate in preparing Tax and Zakat Returns. Show less