CHEF FINANCIAL OFFICER (CFO)
TORATHUNA SOCIAL RESPONSIBILITY CO.
Total des années d'expérience :17 years, 6 Mois
Working as secondee for establishing a subsidiary that operates the Corporate
Social Responsibility (CSR) program of SATORP. Main duties are:
• Building the initial team to establish the company.
• Setting the legal and organizational structures for the company
• Building the Payment/Repayment Process with Banks.
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• Preparing and implementing all Policies and procedures.
• Preparing business and operating plans.
• Building the Feasibility Study Template which is used by all Torathuna’s
candidates.
• Reviewing and analyzing all Feasibility Studies provided by entrepreneurs.
• Preparing Financial Statements.
• Working with Internal and External auditors during their engagements.
• Managing all daily Finance activities.
• Providing continuous consultations as a Mentor to all Torathuna’s entrepreneurs (77 Projects over the Kingdom).
• Managing the formation of financial forecasting and reporting.
• Analyzing financial data and creating financial models for decision making.
• Evaluating and reporting on financial performance for monthly accountability
meeting with the top management.
• Working closely with the finance department team and other proponent to
ensure the accuracy of financial reporting.
• Providing analysis of trends and forecasts and recommend actions for best
optimization.
• Coordinating with all auditors - externally and internally - and monitoring
clearing observations.
• Leading ad-hoc special projects.
Main duties were:
• Monthly closing activities.
• Daily monitoring G/Ls and recording.
• Special Projects: Solving the invoices overdue and bank reconciliation issues.
Engaged in:
• Saudi Aramco Oil Company (ARAMCO) - Year End Audit 2011 & 2012.
Areas: Sales and Revenue, Purchasing and Payables, Other Accrued Liabilities, Inventory, and Employee Benefit Plans.
• Kafji Joint Operations (KJO) - Year End Audit 2011.
Areas: Property, Plant, and Equipment, Assets Under Construction, and Participants’ Accounts.
• Red Sea Refining Company (RSRC) - Year End Audit 2011.
Areas: Cash and Cash Equivalents, Assets Under Construction, Accounts Payable, Accruals, Equity, and Expenses.
• Sino Saudi Gas Ltd. (SSGL) - Year End Audit 2011.
Areas: Cash and Cash Equivalents, Assets Under Construction, Accruals, Equity, and Expenses.
• Maaden Phosphate Company (MPC) - Q1 Quarterly Review 2011.
• Aramco Gulf Operations Company Limited Provident Fund Savings Plan (AGOC PF) - Year End Audit 2011.
• Saudi Aramco Total Refining and Petrochemical Company (SATORP) - Q2, Q3, & Q4 Quarterly Review 2012, Q1 Quarterly Review 2013, and Year End Audit 2012.
The Establishment markets body care, hair care, skin care, baby care, man toiletries and cosmetics under many brand names through counters set up in mass merchandising outlets and salons in Saudi Arabia, Bahrain, Emirates, and Kuwait. Main duties were:
• Ensuring reliability and adequacy of internal control and accounting systems.
• Reviewing and verifying records to ensure its compliance with policies and standard.
• Perform tasks like recommending necessary changes and ensures that the policies and procedures are strictly maintained.
• Handling the tasks of establishing techniques to identify and prevent fraud cases.
• Make recommendations on the systems and procedures being reviewed, report on the findings and recommendations and monitor management's response and implementation.
• Review and report on the accuracy, timeliness and relevance of the financial and other information that is provided for management.
• Working with management to ensure a system is in place which ensures that all major risks are identified and analyzed, on an annual basis.
• Report on the value for money that the organization obtains in all its activities with special regard to economy, efficiency and effectiveness.
• Provide management with an opinion on the internal controls in the organization.
• Analyze operational and management processes and system controls' effectiveness and efficiency in view to improve them and propose value-added recommendations.
The Establishment markets body care, hair care, skin care, baby care, man toiletries and cosmetics under many brand names through counters set up in mass merchandising outlets and salons in Saudi Arabia, Bahrain, Emirates, and Kuwait.
I report to my supervisor.
Main responsibilities:
- Assist my supervisor with payroll system and payroll related items.
- Process Accounts Payable paperwork at completion of the check run.
Co-op training in the payroll department.
Master of Science Degree, University of Houston-Clear Lake, Houston, Texas, USA. Major: Accounting - GPA (3.69).
Graduate from Language & Culture Center – an accredited Intensive English Program at University of Houston-main campus, Houston, Texas, USA.