Faris Bafaqih

Director, Financial Control at Saudi Airlines Cargo

• Saudi Arabia - Jeddah
• My current job since April 2022

Manager General Ledger at Saudi Airlines Cargo

• Saudi Arabia - Jeddah
• November 2019 to April 2022

- Monthly Closure in charge
- BMR reveiew and meeting management requirements and targets

In charge of:
AP
Intercompany
Payroll
GL
Assets

Senior Financial Specialist at Saudia Airlines Cargo Co

• Saudi Arabia
• May 2019 to October 2019

In Charge of GLs (Creation - Change - Block) - Advising which GL to be used for other departments depends on Material or Service. Payroll GLs mapping with wage types project - Month End Accruals - Vendors project - Fund Management (reallocate - supplement).

Sr. Financial Analyst at Saudi Airlines Cargo Co LLC

• Saudi Arabia - Jeddah
• January 2018 to April 2019

-Revenue & Boarding Statistics vs Budget as per the TB ( Revenue - Tonnages - AKV) MTD & YTD
-GH Report (Import & Export)
-WHs Report
-GSA Commissions & Incentives Report
-Navigation - Landing - Parking Cost Updates
-Fuel Cost Update
-Routes monthly arranging with FLTs
-WHs Rates Updates due to invoices
-Actual & Accruals (Rental Agreements)
-Assisting in data migration (mapping CCs & profit centers-GLs with transactions ) - moving budget with open POs
- In charge of budget internal orders and Capex budget creation(projects).
- AACO requirements provider
-Uploading the budget(cost centers plan) in the new system.
-Sales Commission Validation.
-Charter Commission Validation.
-Assisting in updating the P&L
- In charge of distributing the budget FY 2019 templates and training the departments heads for the preparation as well as reviewing the Versions
-GLs Reconciliation and get the clearance done through who’s in charge.
- VAT in charge (report preparation for VAT return - validating the transactions - responding to the queries).

Treasury Accountant at Saudi Airlines Cargo Co L.L.C

• Saudi Arabia - Jeddah
• January 2016 to December 2017

Working with Treasury:
SABB RM and banking related -
PMTs initiator
- Cash Balance Report to CFO
-Liquidity Control
- Local Incoming PMTs posts
-IATA CASS joining association
-Working on TP project for employees
- Investment
Working with Financial Reporting & MIS:
-Actuals & Accruals (Rent Agreements)
-Sales Commission Validation
-Navigation Calculation
-Updating the WHs and Ramp Handling rates
-All Revenue & Statistics Report
-GH Report (Import-Export) Report & Analysis
-Transit Report

Cash Allocation Accountant at Abdul Latif Jameel Transportation Co. (FedEx)

• Saudi Arabia - Jeddah
• December 2014 to December 2015

Responsibilities:
o Country Cashiers in Charge (Collection & Petty Cash).
o Coordinating with the Credit Controller for the credit payments receive.
o Allocation.
o Bank Reconciliation .
o Fixed Assets Assistance.
o Payables Records and Payments Initiating (Oracle & HSBCnet)

G.S.C- part time at Le Meridien Jeddah Hotel

• Saudi Arabia - Jeddah
• March 2009 to June 2011

Responsibilities:
o Guest in House Reports.
o Assistance in Business Center Work.
o Shomoos Records and Reports.