Ahmad ALJarboa

Saudi Skills Standards (SSS) acts as the regulatory and awarding body overseeing technical and vocational education and training (TVET) in Saudi Arabia. It is jointly owned by Technical and Vocational Training Corporation (TVTC) & Human Resource Development Fund (HRDF)

Accomplishments:
• Instrumental in establishing finance, administration and human resources department.
• Spearheaded the development and implementation of financial policies, procedures and operational plans.

Key Responsibilities:
Finance Management
• Executing financial stewardship responsibilities, ensuring financial integrity and reliability as well as compliance to the financial management legislative framework. Maintaining and monitoring the financial ratios to comply with TVTC KPIs.
• Scrutinizing and evaluating the adequacy/effectiveness of internal controls and quality of performance in carrying out the assigned responsibilities in compliance with organizational policies, plans, procedures, laws, and regulations.
• Ensuring adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
• Managing all aspects of fiscal set up, budgeting and reporting including financial statements and reports to the funding agency.
Strategic Planning and Business Support
• Determining strategies to achieve the organization's mission and move the organization forward, set goals, create and implement actions plans, and evaluate the process and results.
• Partnering with the CEO on the strategic vision including fostering and cultivating stakeholder relationships, as well as assisting in the development and negotiation of contracts.
• Formulating/implementing integrated & supportive policies & procedures ensured long-term budgetary & cost management plans are in alignment with organization’s strategic plans. Developing pricing model for company professional services.
• Commanding contract management initiatives. Ensuring best in class industry pricing and contract terms and conditions.
• Offering a comprehensive range of liquidity management solutions across the organization. Restructuring the current contracts payment schedules in order to secure company cash flow.
Administration
• Proffering administration vision and strategy to move the organization forward, set goals, create and implement actions plans, and evaluate the process and results.
• Refurbishing process to boost efficiency, consistency, and quality. Providing strategic support and guidance to the administrative cadre on implementation of the administrative policies.
Team Management
• Providing strong leadership and guidance through establishment of performance goals, allocation of resources and ensure that the team has an understanding of the vision and strategy and their part in its achievement.
• Facilitating organizational development, capacity building, succession planning and talent management, ensuring continuous learning is fully embedded within the culture of the company.

Executive Milestones
• Played a pivotal role in establishing the organization structure in liaison with leading professional firms - BCG, PwC and McKinsey & Company.
• Successfully designed and implemented fully-integrated ERP Solutions for Finance (GL, AR, AP, CM and Budget) Human Resource (payroll and employees self-services), both in Oracle E-Business Suite and MSDynamics AX
• Developed company chart of accounts during the ERP implementation project.
• Proffered high-level, strategic consultative advice for designing and implementing business process mapping for the finance department to ensure smooth daily work and business continuity.
• Dexterously managed restructuring and employees right sizing project.

Accomplishments:
• Played a pivotal role in company strategic planning.
• Member of the Financial Policies & Authority Matrix Committee.
• Successfully managed the monthly closing process and achieved two working days target since March 2007.

Key Responsibilities:
Accounting
• Managed the accounting department. Planned, organized, assigned, reviewed, and evaluated all accounting procedures and policies to ensure transactions are efficient and effective and accounting is accurate and complete.
• Supervised preparation of AP, AR, FA, GL, CM, monthly budgets, periodic closing of accounts and bank reconciliations enabling smooth finalization of accounts.
• Responsible for accurate monthly financial reporting and quarterly audit and review by Deloitte, E & Y and KPMG.
Financial Operations
• Streamlined the preparation of monthly, quarterly and annual financial reports/ consolidating financial statements that summarize and forecast the company's financial position as well as business departments and capital investments performance.
• Maintained the required ratios including ROE, ROA, Debit/Equity and Cost/income.
• Fostered business relationships with Banks, financial institutions and various regulatory authorities.
Reporting
• Responsible for the obligatory reporting of financial statements and minimum capital requirements to CMA.
• Developed financial reports using (FSG) financial statement generator on Oracle financials, and ensured the same are submitted before deadlines.
Budgeting and Cash Flow Management
• Assisted in preparation of annual budget and monthly management report, accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports and provided follow-up and documentation for significant variances.
• Conducted cash flow analysis and utilized excess cash in Islamic time deposit “Murabaha”.

Accomplishments:
• Member of the bid opening committee and the financial evaluation committee.
• Led the AP team for Oracle 11i new implementation after the creation of the new SBU Gold & its separation in November 2004.
• Entrusted to represent the AP in the 11i migration process in November 2003.

Key Responsibilities:
• Prepared and reviewed all monthly reconciliations for accounts payable & banks accounts, cash flow projections, cost lists, aging analysis, other cost-benefit analysis and financial management reports.
• Reviewed and prepared contract payment certificate for supplier and contractors.
• Monitored and ensured monthly reconciliations for accounts payable, monthly closing transactions & accruals using the Oracle and Excel. Monitored and controlled prepayments.
• Handled employee payments including vacation and salaries advance, cash advance, payroll, medical, travel, etc.
• Prepare and reconcile company inter-bank transfers, checks and transfers using Oracle
• Performed general accounting functions, including operation of the general ledger system, journal entries and month-end/ quarter-end/year-end closing process.

Accomplishments: • Participated in the first implementation and transfer process from manual to Oracle system. • Effectively closed the manual general ledger (GL) and transferred all balances to the Oracle system. • Member of the warehouse inventory committee and managed physical count of inventory. • Treasurer for a period of three months.