Director Accounting Arabsat Group – Finance Department
ARABSAR – Arab Satellite Communications Organization
Total years of experience :26 years, 6 Months
Founded in 1976 by the 21 member-states of the Arab League, Arabsat has been serving the growing needs of the Arab world for over 40 years, operating from its headquarter in Riyadh-KSA and two Satellite control stations in Riyadh and Tunis. Now one of the world’s top satellite operators and by far the leading satellite services provider in the Arab world, it carries over 500 TV channels, 200 radio stations, pay-tv networks and wide variety of HD channels reaching tens of millions of homes in more than 80 countries across the Middle East, Africa and Europe—including an audience of over 170 million viewers in the Middle East and North Africa (MENA) region alone tuned into Arabsat’s video “hotspot” at 26° E.
The role holder is responsible for providing general management and operational oversight to the Accounting Department including account receivables, account payables, fixed assets, general ledger and cash management with the objectives of ensuring adherence to accounting procedures in line with corporate policies, strategies and plans.
oDevelops and implements the Accounting Department plans in line with stated Sector objectives.
oPrepares and manages the annual budget for the Department and reporting sections in conjunction with the Sector budget and secures subsequent approval, tracks expenditure and ensures adherence to the budget.
oSupports the development of the workforce plan for the Sector by providing inputs for own Department.
oManages and controls change in the Accounting Department providing guidance and support, necessary for continuous improvement.
Providing the executive body of the company with the required advice and support from the financial and economic point of view in order to achieve the efficient financial performance of the financial management and the company.
Al Jaber Group is a privately owned and multi-dimensional group of companies based in Abu Dhabi, the capital of the UAE. With a growing workforce of over 55, 000 employees, Al Jaber Group has grown from strength to strength to achieve the status of market leader across the industries it operates in.
o Led and developed finance teams while managing the budgeting process and cash management on an on-going basis.
o Developed annual budgets and targets, also controlled all financial transactions and accountancy matters, including audit systems, preparation and submission of weekly and monthly updates to the management.
o Evaluated and prepared submissions, insurance/ risk management, also set annual cost rates and prices for customers.
o Prepared financial reports including authority’s trust accounts for monthly board meetings.
o Prepared quarterly and annual financial statements and ad hoc financial reports.
King Faisal Hospital a non-profit based specialist treating diseases of the highest international standards and includes a lot of specialized departments in Riyadh and Jeddah.
o Establishing and building a new department from the scratch with strong strategic Internal Audit function.
o Accountable for leading and managing a team of auditors while working under BOD to ensure overall effectiveness of the audit performance.
o Preparing annual plan & analyzing achievements by auditors & periods, also reviewing audit and investigation reports.
o Overseeing the implementation of audit plans along with directing the activities of the section auditors and reporting on progress and problems in timely fashion to director.
o Developing and maintaining Internal Policies and Procedures (IPP) while resolving requests of different departments.
o Analyzing risks of individual projects, providing guidance in preparing audit programmers, participating in bids examination committees and strategically planning monthly audit assignments.
o Ensuring adherence with all hospital-related policies and procedures as well as SOCPA and GAAP standards.
IDB is an international financial institution established in pursuance of the Declaration of Intent issued by the Conference of Finance Ministers of Muslim Countries held in Jeddah in December 1973, The purpose of the Bank is to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with the principles of Shari'ah i.e., Islamic Law, The functions of the Bank are to participate in equity capital and grant loans for productive projects and enterprises besides providing financial assistance to member countries in other forms for economic and social development.
o Managed monthly closing of accounts including income statement, balance sheet and cash flow statement.
o Ensured adherence with the Shari’ah standards, US GAAP and IFRS.
o Handled various aspects of cash flow & treasury management while recording and controlling dividend for stockholders.
o Prepared consolidated financial reports, managed working capital and bank reconciliation as well as participated in implementing new account software and preparing the chart of accounts.
o Analysed and evaluated the investment in bank fund, also evaluated Sukuk, Ijarah Murabaha and Istisna in the community projects and bank members’ countries.
o Prepared monthly comprehensive financial reporting for regional offices in Rabat, Kuala Lumpur, Almaty and Dakar.
*Oversaw the daily accounting activities required to maintain the authority’s general ledger.
*Supervised, directed and evaluated performance of accounting staff including, but not limited to, cash reconciliations, trust account statement reconciliations, check runs, accounts receivable transactions, fixed asset activity, payroll, accounts payable transactions, debt activity and recording of revenue and expenses.
*Managed various aspects of CASH management including placement/movement of funds in various trusts.
*Maintained an organised set of detailed records and files to document financial transactions.
*Resolved complex accounting issues as well as assisted other authority personnel in resolving financial issues.
*Reviewed general ledger monthly to ensure accuracy of posting.
*Prepared financial reports involving the authority’s trust accounts for monthly board meetings.
• Analysis of budgeting.
• Supporting other sections like payroll, Tax.
• Analysis of GL.
• Reconciling balance sheet accounts on monthly & Quarterly
basis.
• Experience with Treasury department.
• Bank reconciliation with SAMA.
• Participated in an investing of different funds, therefore
understanding the cycling of IPO.
• I have an experience with Bank products (loan, credit card,
accounts, investment).
The Institute for Internal Controls is dedicated to promoting an effective internal controls environment in all organizations by providing high quality research and education in all areas of internal controls. As an indicator of expertise in internal controls, The Institute for Internal Controls grants the designation of Certified Internal Controls Auditor (CICA)
a Certified Fraud Examiner (CFE) will position you as a leader in the anti-fraud community and a specialist in the prevention and detection of fraud.
شهادة مهنيه في المراجعه والتدقيق الشرعي تؤهلني للعمل في المؤسسات والمنشات الماليه التي تعمل تحت مبادئ الشريعه الإسلاميه والمرخصه من هيئة المحاسبه والمراجعه للمؤسسات الماليه الاسلاميه-البحرينAAOIFI
GPA = 4
GPA = 3.276
