VP Financial Planning & Accounting
Saudi Agricultural and Live Stock Company
Total years of experience :21 years, 1 Months
- Monitored reliable internal control and maintenance of financial records.
- Managed the preparation of SALIC’s consolidated financial statements.
- Monitored procurement process by implementing authority matrix.
- Managed preparation of monthly, quarterly and annual management reporting.
- Managed planning and preparation of annual budget.
- Presents final audit report to the CFO with observations and recommendations.
- Maintain relations with internal and external auditors as well as governmental authorities’ auditors and investigate their findings and recommendations to ensure full cooperation and compliance with all qualified requests.
- Directed and supervised subordinates to ensure they fulfill their duties and responsibilities.
- Improved, implemented and enforced policies and procedures of the organization by way of systems that enhanced the overall operations of the organization.
- Conducted frequent meetings with Oracle team to improve the current system.
- Communicated with subsidiaries/affiliates CFOs to discuss current and future financials.
- Controlled and maintained financial transactions of subsidiaries.
- Participated in integration projects with multinational companies to integrate different entities
• Providing the top management with financial reports along with detailed financial analysis for the financial position of the bank on a daily/monthly basis.
• Providing the top management with a forecast for the bank’s financial performance on a daily/monthly basis.
• Providing the top management with studies and analysis to be used for pricing and planning purposes.
• Control of the bank’s financial statements on a daily basis.
• Responsible for the preparation and discussion of the annual budget for the bank.
• Responsible for developing internal financial reports.
• Participating in new accounting cycles discussion.
• Participating in policies and procedures development.
• Working closely with other businesses segments to achieve the bank financial objectives.
• Supervised all daily accounting transactions and created accruals accounts, as well as making adjustments. Responsible for bank's central expenses and related accruals.
• Supervised all payments, pre-payment accounts and capitalization, as well as amortizations. Responsible for bank's payments to suppliers.
• Oversaw all fixed assets accounting transactions, such as adding, removing, selling, and daily depreciation. Responsible for bank's fixed assets accounts and related depreciation.
• Oversaw monthly payroll for more than 8, 000 employees, end-of-service benefits payments, and
miscellaneous payments. Responsible for payroll accounts, allowances, and benefit payments.
• Prepared and discussed requirements of external auditors and preparation of bank’s financial statements.
• Participated in yearly budget preparation for Financial Accounting department.
• Coordinated operations with other departments by exchanging ideas in order to improve office procedures.
Managed payroll section for over 8, 000 employees, including reports, accounts, setting up new employees on Oracle payroll system, and end-of-service benefits payments.
Worked in all sections of accounting department, leading to promotion to higher positions
• Prepared daily accounting transactions and reports. Responsible for production and inventory cost accounting.
Master in Finance
