Maytham Al-Baqshi CMA (Certified Management Accountant), Financial & Budgeting Manager

Maytham Al-Baqshi CMA (Certified Management Accountant)

Financial & Budgeting Manager

Al Rajhi Bank

Location
Saudi Arabia - Riyadh
Education
Master's degree, Master of Business Administration
Experience
17 years, 1 month

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Work Experience

Total years of experience :17 years, 1 month

Financial & Budgeting Manager at Al Rajhi Bank
  • Saudi Arabia - Riyadh
  • My current job since February 2010

- Assigned responsibility of managing Books of accounts and consolidation of Financial Statements as per IFRS & IAS including disclosures and conducting stress testing and indicating the key risk indicators.
- Involved in the review and implementation of financial planning policies and procedures and defining short-term and long term strategic points, evaluating market and economic trends affecting the business.
- Analyzing and evaluating capability models of proposals, assessment of critical success factors, cash flow projections, business structuring and forecasting financial results.
- Involved in the financial statements preparation for Management Reporting as per IAS/ IFRS.
- Ensured production of monthly Dashboard for senior management including significant KPIs, financial statements, variance analysis, scenario analysis, cost allocation, profit sharing and FTP reports.
-Plan, execute, finalize budget according to bank short & long terms strategy.
- Responsible for the implementation and maintenance of Oracle based (OFSA) Profitability and reporting tool.
- Instrumental in budgeting and variance reporting including the linkage of the budgeting & forecasting to the Bank wide risk appetite along with stress testing.
Key achievements:
- Successfully implemented the roll out of OFSA (Oracle financial services application) and Oracle Budget module.
- Credited for introduction of Profitability reporting by Product, branch, segment, sub-segment, Branch, Customer and Account Cost and profit centre concept, target setting and reporting and Sensitivity Analysis etc.
- Successfully handled projects including Cost/ Profit center, Cost allocation, GL restructuring, FTP (funds transfer pricing) application, Balance scorecards/KPIs and ERP Implementation.

Country Financial Manager at Samba Financial Group
  • Saudi Arabia - Riyadh
  • March 2007 to January 2010

Key Responsibilities:
- Establish and manage the MIS functions of Corporate Banking Group (CBG).
- Budgeting, variance analysis and evaluation of credit control procedures.
- Ensure that appropriate systems, processes and procedures are in place to facilitate the financial control requirements are met and meet exceed compliance needs.
- Provide appropriate inputs to meet audit requirements.
- Preparation and issuance of financial statements including consolidated financial statements.
Key Achievements:
- Prepare product-set financial performance minimums report and their best measurement tools (e.g. ROA, ROTA and ROE) to support business’s profitability goals
- Prepare sales and productivity metrics (Pipeline) required to meet business’s production goals in support of the monthly/yearly financial plan.
- Provide detailed business performance MIS on a weekly, monthly and as-needed basis. - Principal scenario planning on issues of macro and micro country and business economics.
- Successfully handled special assignments like Develop performance incentive Models and KPI models.

Education

Master's degree, Master of Business Administration
  • at Saudi electronic university
  • March 2014
Diploma, Management Accounting
  • at IMA (Institute of management accounting)
  • March 2013

CMA (Certified Management Accountant)

Bachelor's degree, Management Information System
  • at KFUPM
  • August 2006

Bachelor degree in Management Information System (MIS) from King Fahd University of Petroleum & Minerals (KFUPM).

Specialties & Skills

Strategic Planning
Project Management
Project Finance
Accounting Standards
Cost Management
ASP and ASP.NET
2008 Excellence Service Award

Languages

Arabic
Expert
English
Expert