Mohamed Saad, Group Financial Manager

Mohamed Saad

Group Financial Manager

A. R. Albisher & Z. Alkazemi Co.

Location
Kuwait
Education
Bachelor's degree, Accountancy
Experience
24 years, 11 months

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Work Experience

Total years of experience :24 years, 11 months

Group Financial Manager at A. R. Albisher & Z. Alkazemi Co.
  • Kuwait - Al Kuwait
  • My current job since January 2019

Responsibilities: -
• Monitor day-to-day financial operations within the company.
• Oversee financial department employees.
• Contract outside services for auditing, banking, investments, as necessary.
• Track company's financial status and performance to identify areas for improvements.
• Seek out methods for minimizing financial risk to the company.
• Research and analyses financial reports and market trends.
• Provide information and expectations to senior executives to aid in decision making.
• Review financial data and prepare monthly and annual reports.
• Present financial reports to board members, stakeholders, executives, and clients.
• Stay up to date with accounting software to be used for financial purposes.
• Establish and maintain financial policies and procedures for the company.
• Understand and adhere to financial regulations and legislation.

Chief Accountant at A. R. Albisher & Z. Alkazemi Co. (Mercedes-Benz Kuwait)
  • Kuwait - Al Kuwait
  • May 2009 to December 2018

Responsibilities: -
• Perform financial analysis and reporting to management as needed.
• Perform month-end accounting activities such as reconciliations and journal entries.
• Coordinate with finance team to complete assigned accounting tasks within deadlines.
• Evaluate accounting system & provide recommendations to IT team for improvements.
• Generate financial reports and statements to Managers for review.
• Analyze financial discrepancies and recommend effective resolutions.
• Monitor expenditures, analyze revenues and determine budget variances.
• Respond to accounting inquiries from management in a timely fashion.
• Provide guidance to other Accountants when needed.
• Assist in budget preparation and expense management activities for assigned accounts.
• Assist in auditing activities by providing necessary information and documentations.
• Monitor financial transactions according to company policies and regulations.

Accountant at Al-Sabriyah Elevators & Escalators Co. (KONE Elevators)
  • Kuwait - Al Kuwait
  • September 2002 to April 2009

Responsibilities: -
• Accounts receivable and collection follow-up.
• Accounts payable recording invoices & preparing payments.
• Payroll, salary allocation and staff receivables.
• Preparing of deferred revenue statement.
• Reconciles bank statements.
• Fixed asset accounting.
• Preparing of Income Statement and Balance Sheet.
• Preparing of management reports as required.
• Managing of year end external audit.

Education

Bachelor's degree, Accountancy
  • at Helwan University
  • May 1999

Bachelor of Commerce. Faculty of Commerce & Business Administration. Helwan University.

Specialties & Skills

Accounting
Auditing
Budgeting
Cost Control
Financial Reporting
Accounting
Planning
Team Management
Analysis
Payroll
Auditing
Excellent Analytical skills
MS Word, MS Excel, Internet
Ability to perform under pressure
Communication & Interpersonal skills
Annual Budgets
ERP Systems (Oracle & Autoline Kerridge)
MIS Reporting
Investments
Negotiation
Treasury Management
Working Capital Management
Month End
Problem Solving
Time Management
Team Leadership
Risk Management
Teamwork
Marketing

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Expert
Arabic
Expert

Training and Certifications

IFRS for Retail & Automotive (Certificate)
Date Attended:
April 2012
Valid Until:
April 2012
IFRS update 2012 (Certificate)
Date Attended:
May 2012
Valid Until:
May 2012
CMA Part 2, Financial Decision Making (Training)
Training Institute:
UAC
Date Attended:
October 2014
CMA Part 1, Financial Planning, Performance and Control (Training)
Training Institute:
UAC
Date Attended:
January 2014
IFRS update 2012 (Certificate)
Date Attended:
December 2012
Valid Until:
December 2012

Hobbies

  • Chess, Football, Swimming & Video games
    * Implementing new and updates of ERP & HRM software projects as a representative of Finance Department. * Work with external auditors to issue the audited consolidated financials from year 2010 till date