Head of Accounting
Saudi Electric Services Polytechnic (SESP)
Total years of experience :18 years, 5 months
Saudi Electric Services Polytechnic is a public-private partnership between the Technical and Vocational Training Corporation (TVTC) and industry partner (Saudi Electricity Company) to establish a world-class vocationally focused institution aimed at up skilling
Key Responsibilities:
• Leading operations of the finance department and enhancement of organizational capabilities.
• Developing and implementing policies and procedure of SESP to promote continuous improvement methodology .
• Association of implementation SAP for finance department.
• Preparing the department budget in compliance with the firm’s strategy.
• Conducting annual financial audit and collaborating with external auditors to assure a clean and timely year end audit.
• Undertaking different accounting tasks, such as creation of chart of accounts, reconciliation of control accounts and bank statements, etc. to ensure excellence in compliance framework.
• Auditing and processing staff salaries for timely payment of salaries.
• Overseeing financial reporting practices to ensure compliance with the Saudi accepted accounting principles (SOCPA) requirements.
Key Responsibilities:
• Analyze the policies & procedures and preparing the recommendations.
• Analyze the system and find the weakness & the strengths and preparing the recommendations.
• Manage the annual financial audit and work with external auditors to ensure a clean and timely yearend audit.
• Manage the financial statements preparing with Saudi accepted accounting principles (SOCPA) requirements.
• Other financial management duties assigned by the Management Director.
Saudi General Investment Authority is a governmental body responsible for overseeing investment affairs in the kingdom
Key Responsibilities:
• Training staff members in SAP and financial management to deliver on the assigned financial/operational KPIs.
• Supervising accountants in private and government sectors to improve operational efficiency and processes.
• Preparing financial reports to assure excellence in compliance framework and assist management in problem solving and decision making.
• Overseeing several accounting functions including preparation and adjustment of chart of accounts and bank reconciliation to assure seamless functioning of the department
• Implementing SAP for the finance department - private sector to effectively bridge gaps between organizational and technology needs.
• Supervising and correcting SAP transactions for government sector to achieve performance optimization.
• Comparing the accounting information between the Hassib and SAP systems to assess and rectify any variances.
• Organizing workshops for the activation of SADAD system in the firm to ensure integrity and information security.
Almarai is the largest vertically integrated dairy company in the world
Designation Chronology:
February 2008 - July 2009: Accounting Supervisor (Reporting)
February 2007 - January 2008: GRIR Accountant
November 2005 - January 2007: Cash and Bank Accountant
Key Responsibilities:
• Compiling executive reports and financial statements in compliance with the internal and external reporting guidelines.
• Minimizing advances, GR/IR liability and vendor balances in the balance sheet to improve risk management, capabilities and practices.
• Developing and maintaining the divisional balance sheet to assess and rectify any variances.
• Preparing the PRO, withholding tax and zakat and other requirements of DZIT to drive seamless delivery of services.
• Assuring compliance with the Capital Market Authority (CMA) and SIDF requirements to ensure excellence in compliance framework.
• Conducting GR/IR clearing to improve operational efficiency and processes.
• Conducting vendor reconciliation for fortifying operations and financial control systems.
• Analyzing and reporting the advances paid to vendors to maintain up-to-date records of cash flow.
• Overseeing preparation of monthly and weekly reports to ensure compliance with the reporting requirements.
• Handling cash and journal vouchers; voiding cheques; reconciling funds transfer from locations; monitoring control accounts and preparing monthly audit file-cash and bank
• Making stop payment instructions for stale cheques; and preparing daily reconciliation reports of bank accounts to accomplish performance indicators in sync with growth goals, corporate vision and additional established targets.
• Processing floats of employees; conducting employees’ reconciliation; and reconciling loan and advances of group executive accounts to maintain up-to-date records and rectify errors or variances that might exist.