Ayman Mohammed Felmban, Director Accounting Arabsat Group – Finance Department

Ayman Mohammed Felmban

Director Accounting Arabsat Group – Finance Department

ARABSAR – Arab Satellite Communications Organization

Lieu
Arabie Saoudite - Riyad
Éducation
Diplôme, CICA – Certified Internal Controls Auditor
Expérience
26 years, 6 Mois

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Expériences professionnelles

Total des années d'expérience :26 years, 6 Mois

Director Accounting Arabsat Group – Finance Department à ARABSAR – Arab Satellite Communications Organization
  • Arabie Saoudite - Riyad
  • Je travaille ici depuis mars 2016

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.

BoD - Board of Director Member and Chairman of the Audit Committee à Hellas Sat subsidiary company of ARABSAT
  • Chypres - Limassol
  • juillet 2018 à février 2022

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.

Financial Director - Finance Department à Al-Jaber Group, Riyadh
  • Arabie Saoudite - Riyad
  • juillet 2015 à janvier 2016

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.

Chief Auditor, Financial Control à KFSH&RC – King Faisal Specialist Hospital & Research Center
  • Arabie Saoudite - Jeddah
  • janvier 2009 à mai 2015

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.

Financial Controller à Islamic Development Bank - IDB
  • Arabie Saoudite - Jeddah
  • août 2005 à décembre 2008

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.

Head of Accounting à Saudi Bin Ladin Group Operation & Maintenance
  • Arabie Saoudite - Jeddah
  • décembre 1999 à juin 2005

*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.

Senior Accountant à NCB-National Commercial Bank
  • Arabie Saoudite - Jeddah
  • novembre 1996 à février 1999

• 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).

Éducation

Diplôme, CICA – Certified Internal Controls Auditor
  • à THEIIC-The Institute for Internal Controls
  • juin 2013

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)

Diplôme, CFE - Certified Fraud Examiners
  • à ACEF-Association of Certified Fraud Examiners
  • octobre 2012

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.

Diplôme, CSAA Degree Certified Shari ‘a Adviser and Auditor
  • à AAOIFI-Accounting & Auditing Organization for Islamic Financial Institutions
  • novembre 2008

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

Master, M.S ( Master of Business Administration In Accounting)
  • à Ambassador University Corporation
  • août 2006

GPA = 4

Diplôme supérieur, Certified Public Accountant CPA
  • à The California Board of Accountancy - CBA
  • novembre 2002
Baccalauréat, B.S ( Bachelor of Business Administration In Accounting)
  • à Manhattan College
  • février 1996

GPA = 3.276

Specialties & Skills

ISO 9001/2000 Q.M.S
Computer concepts / Professional Excel 2002 Level 1, 2, 3
Computer concept / MS-DOS & Microsoft Office
Computer concepts / Microsoft Word Level 1, 2, 3
ACL 105-Foundation of ACL Concepts & Practices,
ICDL International Computer Driving License

Profils Sociaux

Langues

Arabe
Langue Maternelle
Anglais
Expert

Adhésions

ACFEI
  • Member of American College of Forensic Examiners
  • November 2002
ACFE Association of Certified Fraud Examiners
  • Member ID# 556727
  • May 2010
SOCPA
  • Member of Saudi Org. for Certified Public Acct.
  • February 2004
IIA - The Institute of Internal Auditors
  • Member ID#1614246
  • January 2009
IMA – Institute of Management Accountants
  • Member of the IMA
  • January 2009

Formation et Diplômes

Corporate Governance Workshop update (Formation)
Institut de formation:
KPMG, Riyadh – KSA
Date de la formation:
January 2018
CFMP - Certified Financial Management Professional (Formation)
Institut de formation:
LEORON, Dubai – UAE
Date de la formation:
October 2018
Advance Financial Statement Analysis (Formation)
Institut de formation:
Informa, Dubai – UAE
Date de la formation:
October 2019
CIFRSS - Certified IFRS Specialist (Formation)
Institut de formation:
LEORON, Dubai – UAE
Date de la formation:
May 2017
Durée:
39 heures
IFRS Seminar (IFRS 15, IFRS 9, IFRS 16 and VAT-Value Added Tax) (Formation)
Institut de formation:
KPMG, Riyadh – KSA
Date de la formation:
May 2017
Durée:
9 heures
Zakat, Tax and VAT update 2018 (Formation)
Institut de formation:
KPMG
Date de la formation:
October 2017
Durée:
9 heures
1- Conducting an Internal Fraud, 2- Auditing Procurement (Formation)
Institut de formation:
MIS Training Institute, London - UK
Date de la formation:
May 2011
1- Effective Audit Committees, 2- Auditing Technique for Lead Auditors (Formation)
Institut de formation:
MIS Training Institute, London - UK
Date de la formation:
May 2012

Loisirs

  • Social media
  • Traveling