Beshr Hammoud Al Ali Al Saleh, Chief Financial Officer

Beshr Hammoud Al Ali Al Saleh

Chief Financial Officer

Arabian Printing & Publishing House Co. Ltd.

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Accounting
Experience
14 years, 6 Months

Share My Profile

Block User


Work Experience

Total years of experience :14 years, 6 Months

Chief Financial Officer at Arabian Printing & Publishing House Co. Ltd.
  • Saudi Arabia - Riyadh
  • My current job since November 2009

Designation Chronology:
Nov 2019: Chief Financial Officer (CFO)
Jun 16 - Nov 19: Head of Accounting Department
Nov 09 - May 16: Senior Accountant

Key Accountabilities
• Distinguished efforts towards managing the complete accounts and finance activities, purview of the role includes but is not limited to:
o Preparing final and periodic financial statements as per the International Accounting Standards (IFRS) standardsand representing the general trend of the company with reports and graphs.
o Monitoring financial reports and periodic financial statements to be in line with the planned financial system.
o Ascertaining general financial health of the company, keeping track of the organisation’sobjectives and the direct investments.
o Follow-up on banking facilities procedures and leveraging themas per the company's priorities and strategies.
o Defining long and short-term financial strategies and plans, preparing the necessary budgets to achieve goals, and following up on deviations, if any.
o Identifying investment opportunities and maximizing profits.
o Analysing investment data, prepare financial documents, business reports, and ensure all transactions as per legal regulations.
o Compiling financial analysis reports, using charts, and preparing tax reports.
• Promoting data driven decision making amongst the management and making appropriate financial recommendations to the leadership.
• Additionally, responsible for:
o Monitoring debt aging and ensuring the integrity of ratios and indicators.
o Overseeing production processes, monitoring waste, andensuring that the standard and planned ratios match what they are.
o Reviewing periodic reports from the accounts department with regards to day-to-day operations and monthly closings.
o Coordinating import and logistics operations as per the production plans.

Notable Credits
• Involved in identifying investment opportunities, got in investments worth USD 35, 000, 000.
• Managing annual financial budget worth USD 100, 000, 000, and ensuring roll out/ distribution of the same, also report deviations, if any.
• Appointed partners and tasked then to cascade down the company’s goals and mission to the wider audience across the organisation.
• Saved over USD 100, 000 by introducing and implementing an administrative and financial review system during 2019 and 2020.
• Improved the reporting efficiency by over 50% by introducing an effective financial reporting system.
• Played a key role in managing large financial budgets, with required results, between 2020 and 2021.
• Rolled out core finance coverage plans which resulted in significantly reducing the financial risk for the organisation.
• Made significant contributions to the development of an effective integrated cost system for the production cycle as well as supply chain system.
• Capably handles gamut of activities under finance management andensured optimum utilisation of resources alongside streamlining and improvising the company's internal structure and its performance.

PREVIOUS ASSIGNMENTS


• 2017 - 2019: SHIFT TIK CAR Care, Riyadh, Saudi Arabia as Financial Consultant (Freelance)
• 2006 - 2008: Saturn Factory, Riyadh, Saudi Arabia as Senior Accountant
• 2003 - 2006: Ahmed Bakkar Company, Syrian Arab Republic as Accountant
• 2002 - 2003: Tabakh Garments Factory, Aleppo, Syrian Arab Republic as Accountant

Education

Bachelor's degree, Accounting
  • at University of Aleppo
  • January 2008

Bachelor’s Degree in accounting from University of Aleppo – Syria, 2008

Bayt Tests

Financial Analysis Assessment
Score 68%
English To Arabic Translation Skills Assessment
Score 93%

Specialties & Skills

Accounting
Microsoft Office
Microsoft Windows XP
Microsoft Excel
Financial Planning & Budgeting
Accounts & Finance
Corporate Investment
Fund Management
Taxation & Audits
Financial reporting
Process Management & Improvement
Organisational Leadership

Languages

English
Expert
Arabic
Native Speaker

Memberships

The Saudi Organization for Charted and Professional Accountants (SOCPA)
  • Membership
  • August 2009
IMA® (Institute of Management Accountants)
  • Membership
  • August 2009

Training and Certifications

Certified Financial Consultant (CFC) from The Institute of Financial Consultants(IFC), Canada (Certificate)
Date Attended:
January 2018
Certificate in International Financial Reporting (CertIFR) from ACCA, (Certificate)
Date Attended:
January 2018
Certified Management Accountant(CMA) from Institute of Management Accountants, Pursuing (Certificate)
Certified Financial Modelling & Valuation Analyst (FMVA)® from Corporate Finance Institute® (CFI) (Certificate)
Date Attended:
January 2022

Hobbies

  • Traveling