Head
Total years of experience :19 years, 10 Months
Saudi Emirate Transportation (SEITCO) Riyadh, KSA.
Implement ERP system for AlNagleen company.
Solve the cash problem for Asateer Factory, by raising finance.
Apply standard costing system for Asateer company.
Solve Accounts receivable and collection problem for AlNagleen company.
Recommend Expansion for AlNagleen company.
Implement Accounting System for AlRashedi Establishment.
Developed risk register for Seitco company.
Implement ERP system for AlNagleen company.
Solve the cash problem for Asateer Factory, by raising finance.
Apply standard costing system for Asateer company.
Solve Accounts receivable and collection problem for AlNagleen company.
Recommend Expansion for AlNagleen company.
Implement Accounting System for AlRashedi Establishment.
Developed risk register for Seitco company.
Implement ERP system for AlNagleen company.
Solve the cash problem for Asateer Factory, by raising finance.
Apply standard costing system for Asateer company.
Solve Accounts receivable and collection problem for AlNagleen company.
Recommend Expansion for AlNagleen company.
Implement Accounting System for AlRashedi Establishment.
Developed risk register for Seitco company.
Main responsibilities & Capabilities:
Internal Audit, Risk & controls:
* Provide management with reasonable assurance that procedures & controls being complied with,
* Ensure the risk within acceptable level, hence assist the company to accomplish its objectives.
* Ensure that policies and procedures are complied with and updated frequently.
* Ensure the cost was minimized and cut and there are no over need expenses.
* Oversee the budget execution and the integrity of the financial reports.
* Conduct risk assessment and develop risk register.
* Develop and execute internal audit risk based plan.
* Determine the audit scope based on controls and establish audit programs.
* Supervised the field work and Conduct audit testing of specified.
* Attend meeting, interview managers and communicate with management.
* Identify reportable issues and Prepare internal audit report including recommendations.
* Discuss the report with board and audit committee and conduct the follow up.
* Review the IT function (ERP, backup, privacy, security …. etc.).
WALEED MOHAMMED ALI. CPA, CMA & CIA
Email: wleed_amin125@hotmail.com Telephone: 00966596444916
Accounting:
* Direct and control finance staff to ensure that they are appropriately motivated so they carry
out their responsibilities to the required standards.
* Contribute to the achievement of the company’s business objectives by providing advice and
guidance on financial strategy.
* Provide financial advice and guidance to the company’s managers and staff to enable them to
achieve their objectives.
* Oversee the preparation of the company’s financial accounts to ensure that these are
presented accurately and on time.
* Carry out all necessary action to ensure that the company meets its financial and legal
obligations.
* Maintain a working relationship with external auditor to insure that they have all information
they might require.
* Financial statement analysis and link the result with performance.
* Research and reporting on factors influencing business performance.
* Understanding of how management evaluate and make decision based on knowledge of risk
and return concept.
Finance & treasury:
* Planning cash flows and predicting future trends through developing financial
management mechanisms that minimize financial risk.
* Ensure there are available fund when needed and any excess cash are invested.
* Mange cash and assets investment and interest Calculation.
* Oversee financing strategies as well as financial institutions relationship.
Planning and Control:
* Develop and monitor the company’s annual operating budget to ensure that all financial
targets are met and financial and statutory regulations complied with, Assist in formulating
strategic and long-term business plans.
* Develop and implement an internal audit program to ensure that the company complies
with financial procedures and regulation.
* Develop and maintain all necessary system, policies, and procedures to ensure effective
and efficient financial management within the company.
* Monitor external contracts and services provided by suppliers to ensure that these are
operating effectively and provide the best value to the company.
* Develop all necessary segregation of duties and controls to insure that financial systems
operate effectively and to identify potential problems.
* Evaluate and review credit limit for customers and sales agent.
* Financial analysis and variance reporting.
* Feasibility studies and capital budgeting for projects and expansion.
courses: Certified public Accountant, CPA, USA
