Ehab AlQarra

Assurance & Business Advisory Services (ABAS)
* IPO readiness to take private companies public.
* Financial Reporting Process (FRP).
* Carve Out transactions.
* Policies and Procedures development and improvement.
* Managed and handled the audit of key clients of the firm including large banks and listed companies.
* Involved in audit planning including timing, staffing and audit structure and execution of the audit of
financial statements, completion, and other related assurance engagements.
* Investment impairment and loan loss provision IFRS 9 (IAS 39)
* Auditing and reviewing financial statements in accordance with applicable accounting standards.
* Reporting directly to Partners on status of clients as well as liaising with other professionals and
departments including Tax, Business Advisory Services.
* Assist with the technical and business development initiatives within the audit team.
* Testing the operating effectiveness of controls (test of controls) and performing substantive procedures.
* Impairment analysis for loans and derivatives.
* Audits of privately owned financial institutions subject to FDICIA reporting requirements.
Client Exposure:
Financial Services:
Mercantil Commercebank, Miami; Mercantil Banco Curacao, Mercanitl Banco Agency Coral Gables,
Mercantil Bank Curacao, Mercantil Bank & Trust Limited (Cayman), Sabadell Bank, Sabadell Bank Miami
Branch, Bank United, EFG Capital, Ocean Bank, Riyad Bank, JP Morgan Branch, JP Morgan Company, JP
Morgan Group, Barclays Wealth Funds, Rana Investment Company, KSB Capital Group, National
Commercial Bank, T.H.I Insurance Company; Derayah Capital Co., Al Rajhi Capital, Shuaa Capital, United
Financial House, Kingdom Holding, Saudi Biladin Group.

Led, Supervised and sat the objectives for the finance department.
* Created new business opportunities.

Generated monthly & yearly financial statements for ten sites.
* Facilitated the yearly audits for those sites.
* Developed budgets for those sites.
* Deposits, Monthly bank reconciliation, and cash flow analysis.
* AR, AP, accruals, adjusting entries and daily accounting work.
* Managed the capital for each site in investment accounts.
* Continuous follow up and development of chart of account to serve the business requirements in
coordination with the finance director.
* Performed monthly accruals and provisions.
* Managing monthly performance meetings with all department heads, to review monthly profits,
expenses, strength and weakness and display the overall financial position of the company to the CFO.