بدر المقرن

- Managing the Treasury function, ensuring sufficient working capital is available to fund business growth, implemented robust cash management policies & procedures and to manage lock ups and cash forecasting.
- Providing recommendations to strategically enhance financial performance and business opportunities.
- Ensuring that effective internal controls are in place and ensure compliance with IFRS and applicable local regulatory laws and rules for financial and tax reporting.
- Preparing quarterly financial statements presented to Senior Management and Board of Directors.
- Design of cash management strategies and cost-effectiveness and monitor their implementation.
- Responsible for the Financial Planning & Analysis to support the CEO to manage the business. 
- Coordinate with departments heads to develop annual budgets, and its implementation, and determine areas of potential cost reduction.
- Responsible for all accounting operations including Billing, A/R, A/P, GL, Cost Accounting, and Revenue Recognition.
Performing analysis for short-term and long-term cash inflow and outflow.
Forecasting financial needs and establishing a mechanism to meet these needs.
- Maintaining regular interaction with banks, tax officials, insurance companies, external auditors and lawyers pertaining to organizational business operations.
Implementing tax accounting policies and procedures regarding tax provisions, tax forecasting and budgeting, and tax basis balance sheets.
- Managing all local tax and legal declaration processes in accordance with the regulation and within the legal deadline.

ERP System Responsibilities:

- Involved in the selection and adaptation of a qualified ERP system for the company.
- Ensured that the ERP system is fully integrated and interfaced with company departments (Finance, accounting, inventory, purchasing, cash flow management, fixed assets, HR and projects sites).
- Ensured that all control considerations are built-in the ERP system.
Responsible for developing and tracking budgets and supporting the company in minimizing costs while maximizing performance and profitability through the ERP System.

- Reporting directly to the President and CEO, lead corporate operations including finance and contract management as well as oversee human resources, facilities and IT management.
- Restructured the finance and accounting department, with all loans rescheduled over four years.
- Initiated cost reduction and improved profitability, monitoring budgets and overseeing improved efficiencies, risk management and the bidding process for projects.
- Implemented a new ERP system with relevant policies and procedures, introduced the accounting system for budgeting and reporting, and oversaw risk management and regulatory compliance.
- Improved internal control systems and the accuracy of reporting to meet regulatory and corporate governance requirements, and also managed project budgets.
Headed a team of 30 and reported to CEO and BOD`s.
- Created Structure and discipline in the monthly closing and reporting process, improved the closing cycle by 4 working days and reduced the rationalized staff numbers.
- Maintained control of cash flow, directed HR, Payroll and Logistics departments, and provided administrative support.
Saved substantial costs in the operation of individual Finance Departments, and increased liquidity with enhanced supply contracts, and augmented internal controls to mitigate risk.
- Manged projects over 1.5 Billion SAR and a back log of 3 Billion SAR.
- Develope financial policies and procedures according to Saudi GAAP (Generally Accepted Accounting Principles) and the International Financial Reporting Standards (IFRS).
- Oversee operating budgets for the company and exercise controls to ensure expenditures do not exceed budgetary limits as well as provide variance analysis for budget deviations.
Prepare budget and review cycles efficiently by ensuring the timely and accurate compilation of the annual business unit budget, semi-annual forecasts, monthly mid-quarter updates, and quarterly close process and long term budgetary plan.
- Compare actual results of projects with those estimated, analyze deviations and discuss with projects managers to determine their causes and then take the necessary corrective decisions to be addressed.
- Maintain good relationships with Banks and proper administration of the credit lines and bank facilities. To secure continuous timely funds and make sure that banks are charging the company reasonable commission rates.

Chief Projects Accountant, 2006 - 2009

• Verify project expenditures and making sure that they comply with Ar-Riyadh Development authority policies and procedures.
• Prepare budget accounts for various projects undertaken by ADA.
• Prepare Monthly, Quarterly, and Annual Projects expenditures Reports.
• Examine and auditing projects' monthly invoices.

Senior Payroll Accountant, 2004 - 2006

• Manage Payroll Operations for Ar-Riyadh Development Authority.
• Audit daily and hourly time sheets each month for correct data and budget assignments.
• Prepare payroll deductions and compute payroll adjustments.
• Examine and auditing payroll documents.
• Taking responsibility for monthly bank reconciliations.
• Prepare Reconciliation reports for all the banks' accounts.

Accountant, 2002 - 2004

• Perform auditing work for all Ar-Riyadh Development Authority transactions.
• Check the monthly, quarterly, half-yearly and yearly accounts and bank transactions.
• Ensure Purchasing Policy & Authorization Signature.
• Monthly Preparation for Budget & Actual Expenses" Variance Report".
• Prepare Payments (Checks & Transfers) for all vendors.
• Handling the various types of invoices.
• Process payments for purchase orders.
• Assist in issuing and auditing checks