Financial Controller - Head of Treasury
Saudi Real Estate Construction Company (Tamear)
Total years of experience :9 years, 5 Months
• Provided overall financial planning, reporting and analytical support to operations to help them to achieve business and financial results
• Coordinated and reviewed financial closing and consolidated results in accordance with US GAAP, IFRS and other regulatory requirements
• Managed financial accounting, month end closing and controlling various financial and accounting systems
• Led monthly forecasting, annual budgeting, and strategic planning processes
• Managed and developed relationships with service providers effectively
• Provided monthly presentations at board meetings
• Ensured treasury management, cash flow reporting and liaison with local banks
• Arranged payments cheques/wire transfers & letter of credits
Understand and analyze cash flow forecasts and support managers in identifying gaps and requirements.
Identify the requirements to develop new banking relationships for new account requirements, manage payments and extend lines of credit.
Process payments in accordance with company policy
Handles Letters of credit and other forms of guarantees
Maintains relationships with banks, manage day to day banking activities, handles opening and closing bank accounts, explores financing options and etc.
Prepares and reviews reports such as Cash forecast and daily Cash position.
Liaise with counterparties, Head Office and to the Company’s other departments as required.
Prepare cash management reports for submission to management, auditors, investors, and key stakeholders.
Supports payments processing, reconciliation of collections, and bank balance reconciliations.
Support on execution and documentation of risk management and hedging activities as well as front office tasks such as FX/Interest rate/Investments transactions
Support in the execution of treasury asks as per treasury policies and processes.
Support the implementation of new treasury initiatives and technology solutions.
• Oversaw the financial operations, financial budgets, financial reporting, forecasts, and financial plans.
• Managed and led the finance team.
• Drove, implementation, and maintenance of the ERP system.
Accountable for managing accounts payable, accounts receivable, and payroll departments; developing annual company accounts and reports; oversaw online banking functions.
Successfully managed payroll function and monitored and recorded company expenses; produced financial statements
Performed bookkeeping, general ledger functions. Prepared financial reports and statements for the management. Responded to complaints and resolve issues to the satisfaction and to maintain the company’s reputation
Provided financial information to management by researching and analyzing accounting data, preparing reports. Answered accounting procedure questions by researching and interpreting accounting policy and regulations.
Reconciled financial discrepancies by collecting and analyzing account information
