Cheif Financial Officer ( CFO )
Alkhudair Holding Group
Total years of experience :29 years, 0 Months
1. Develop a financial management plan and budget estimates in line with the plan and goals of the company
2. Develop and review of the list of administrative and financial policies in the various companies.
3. Supervision and follow-up on the financial accounting system application
4. Supervising the preparation of budget estimates for each company and the preparation of the necessary forms and the necessary instructions and sent to various departments for discussion and approval by the list of powers
5. Supervising the preparation of the estimated budget for financial management and the completion of the procedures according to the list of powers
6. Accountants working on the distribution of the sections management and Branches
7. Ensure of fixed assets entries and accumulated depreciation restrictions have
8. Follow-up of accounts receivable and accounts payable with corporate accounting departments to complete the payment and collection appropriately and submit the data and reports about that operations
9. Follow-up of local and international bank accounts and matches them with periodic and submit a report on any observations around and around their balances
10. Provide analytical reports profit and loss associated companies
11. Supervising the opening letters of credit and follow-up it entries in accordance with the approved procedures in the company
12. Supervision of transfers between bank accounts, according to the approved company's actions
13. Supervising the preparation of audited balance monthly financial statements and other periodic
14. Cooperate with the chartered accountant to provide all the documents it requests and put all the records in his hands to do his job as it should
15. Control the inventory and periodic sudden and it being in accordance with recognized assets and is working to address its consequences.
16. Overseeing the design and printing of forms used so as to be pre-numbered models constraint bonds and capture and exchange cash checks and bonds receipt and expenditure of the warehouse materials and so on and on receipt and delivery of assets and save heels notebooks used operations after receiving, and determine who was responsible for it and grab the necessary record for this purpose
17. Approving receiving and paid transactions according to the format established in the company and approved by the authorized certifying to the owner of Merit himself or his agent, according to the approved list of powers
18. Make Sure to audit the documents and the documents submitted to the Exchange prior to the preparation of their bonds and direct correct expenses to accounts and cost centers
19. Confirm the payroll and wages by the Human Resources Department and submit to the Assistant General Manager of Support Services for the draw to take the necessary procedures for disbursement to beneficiaries
20. A review of receivable accounts periodically and coordination with the concerned authorities in the company to collect the amounts due and deposit designated for that company accounts
21. A review suppliers accounts periodically and follow up on them to pay appropriate payments in coordination with the procurement department stores
22. Directive granting cash advances or covenant to those who decide to give them the administration of such advances or cash Testament as one of the workers in the project after confirming their adoption of the authorized
23. Follow-up cash advances accounts or regular opponent of the employees' salaries in accordance with the approvals granted advances
24. Follow-up cash Testament and match them with the reason given for him and work on the liquidation of what the purpose of the grant ended her
25. Testament to do an check of cash fund at the end of the period to make sure of its existence actually
1. Full understanding of the working document and a list of administrative and financial policies the company and its branches.
2. Verification of the application of financial regulations and policies approved by senior management, and monitoring of actual results and the extent of its agreement with the plans and the estimated budget and recommend treatment of deviations, if any
3. Verification of the sufficiency and appropriateness of evidence, regulations and internal control systems, and provide legal and regulatory documents and records
4. Verification of the application process, which will help to implement policies, plans and programs established procedures
5. Verification of the sufficiency and appropriateness and safety of computer systems used in the proof of the company's resources and obligations, assets and expenditures, plans and financial statements
6. Verification of conservative measures on the company's money and property
7. Verification of the adequacy and safety of procedural plans for the financial departments of the company and its subsidiaries, and the achievement of the health of the various activities in accordance with the general objectives of the Company and its subsidiaries
8. Follow the foundations of the financial audit in accordance with the accounting principles and generally accepted standards, rules and regulations of the company.
9. Verification of financial and accounting data and reports statistics from the other departments in accordance with the accounting software
10. Verification of the integrity of financial procedures followed in the implementation of contracts and agreements entered into by the company with third parties, and examination of documents and verification of the proof of payment and receipt depending on the situation.
11. Check on the correct of the financial liabilities of the company and makes sure correct repaid
12. Check and review the financial debits of the company and to ensure collection of the company
13. Validation of exchange bonds, according to standard procedures the company
14. Validate received bonds according to standard procedures of the company
15. Verifying the integrity of the audit process for company accounts in banks
16. Verification of safety procedures and exchange deposit accounts at banks Company
17. A review of the company's loans and checking accounts of repayment obligations on time
18. Validation aspects of exchange in which the loans were used and the extent necessary
19. Verification of fixed assets accounts and depreciation calculated in accordance with the financial regulations and company policies
20. Verification of safety measures related to adding new assets or the sale or destruction of existing assets, according to expiry
21. Verification of safety procedures for the exchange of administrative expenses and operating, marketing and transportation accounts in accordance with the rules the company
22. Review payrolls and validated according to the agreed wages and overtime is calculated and his authority and check what deducted from the wages employee and workers by the advance funding or administrative penalties
23. Verification of the health and safety of exchange allowances for workers and workers the company and its subsidiaries measures
24. Verification of the correct safety of worker’s rights of workers resigning procedures or folded enrolled or ending their services in accordance with the rules and regulations and labor laws Office
25. Verification of safety procedures in opening letter of credit and upload their own thing, including expenses and closing it and deported to the accounts related holders
26. Verification of the safety procedures and local procurement documents and it has for the company in accordance with regulations approved
27. Verification of the safety review procedures for inventory accounts
1. Make estimated budget plan in line with the financial management plan and the goals of the company
2. Ensure the application of rules and regulations, financial accounting and evidence with precision and efficiency
3. Distribution of work on the section Accountants to ensure specialization, taking into account the need for flexibility at work
4. Contribute to the preparation of budgets and cash statements of the company and project schedules and monitor adherence to and reporting on abuses when access
5. Organize transactions, bookkeeping and follow-up journal entries up to date on automated program accounts computer in accordance Saudi accounting standards.
6. Organizing and supervise of accounting materials warehouse operations and do matches with the storekeeper entries.
7. Supervising the issuance letters of guarantee in favor of the company or third parties, in particular for entrepreneurs, which is progress or calling them on the company
8. Confirm an accounting entries in terms of accounting guidance related to revenues and expenses, fixed assets, receivables and payables, salaries and wages and fund accounts, banks, letters of credit and letters of guarantee ... etc.
9. Work on opening letters of credit and follow-up loaded with all of the allocated expenses till closing in account Goods or the asset to which they relate
10. Follow-up account receivables and payables to complete the payment and collection appropriately and raise the reports about that operations
11. Review bank accounts and matches them with periodic reporting on any observations around and about their assets to direct Boss.
12. Review cash fund daily and make sure that the treasurer deposited collected amounts daily in the banks that are not directly exchange revenue
13. Work on the financing of the main fund what is necessary at the request of disbursements official
14. Preparation of trial balance of the monthly and other financial statements rotating and non-rotating when necessary
15. Final preparation of financial statements in coordination with the charge of Internal Audit and External Auditor
16. Cooperation with the chartered accountant to provide all the documents it requests and put all the records in his hands to facilitate its work
17. Post project management in pricing operations and prepare for projects BOQ
18. Work to provide funding for projects and actions implemented by the company
19. Study extracts owed and make appropriate suggestions to the Director General
20. A review of receivable accounts and entrepreneurs periodically and coordination with the concerned authorities in the company to collect the value of the CAS and other amounts due and deposit designated for that company accounts
21. Be sure to review contracts with others for the benefit of the company's subcontractors for example, or have the staff periodically to learn about the benefits and work to put it in a timely manner
22. Any actions need to take out of my superiors within the scope of work
Tasks & Duties
1. Managing all financial duties through controlling production process steps; starting by raw materials till the final product.
2. Directing all daily accounting duties and auditing; in addition to approving all requested documents within the financial department.
3. Guidance the accounting policies in the firm a Clear & Accurate understanding for the accounting auditing science appearing the accounting data by simply style according to showing and fluency way.
4. Emplacement strategy and institute treatment with customers, suppliers through follow-up & collection system for the treasury has been no losing.
5. Preparing job description for all the firm and definition details every title as accounting, operations, and production, purchasing, and human resource, divisions pre-requisite for the position
6. Preparation budgets and business plans and good financial analysis skills to assist management in the decision making process & a good knowledge of risk and treasury management.
7. Preparing the financial Reports to the GM weekly, monthly, through follow-up variant company business to make a good decision to develop execution, skills the staff team work.
8. Implementing reaction financial policies and procedures control the activities & accounting operation.
9. Preparing monthly reports for activities & making
Tasks & Duties
1. Preparing contracting accounts, investment architecture, revolution vouchers for contracting companies' ex. Subcontractor, operation contracts and auditing customer's invoices, suppliers, locations assurance, and analysis operations costs.
2. Responsible for directing the company's overall financial function including, treasury storehouse accounts, budgeting creditors, insurance, and tax.
3. Preparing journal vouchers, using computer in working accounts by designing and instant programs.
4. Preparing the treasury accounts including the deposit and cash, closing the daily statement.
5. Facilitating for banks, credit, and letter credence accounts, banks' contention and guarantee letters.
6. Preparing payroll and auditing subcontractor invoices after the approval of the quantity from location engineer, arrangement deserved employees' vacations.
7. Guidance, the accounts treasury, payroll control and tax compliance according as low and facing the tax problems. Doing clarify the main and subsidiary storehouse with making necessary arrangement within the figuration committee.
8. Preparing final accounts, financial statements & business results profit or loss.
9. A good awareness of financial analysis techniques in - depth knowledge and experience of computerized financial applications, some costing application
10. Command, financial planning and accounting Guidance Reporting directly to the managing director and management the finance accounting and Preparing Company Tax, correction the vouchers revolution accounting & the internal control system.
11. Sharing in the responsibility of the overall financial stability and successful daily operations of the organization.
12. Keeping the obligations of accounting policies & the preferential work inside division a first key an oracle financial planning manager to be a good view in case of making any decision also a best treatment with a financial system.
Tasks & Duties
1. Preparing financial statements, analysis results, apportionment profit and loss between the partnerships.
2. Preparing and accommodation for the tax examination and sales tax with making necessary arrangement for examination successful.
3. Performing Import & Export commercials for the entire industrial, services, and the contracting company.
4. Auditing the foreign companies' accounts. And treasury, personal co. also doing final accounting and financial statement.
5. Establishing treasury and personal companies.
6. Using my computer skills as pre-requisite for the position
Bacalore of commerce