Associate Consultant
United Consulting Group
Total des années d'expérience :12 years, 10 Mois
Current Projects:
1. Consultancy services for Funding Initiatives to be taken by Saudi SME Authority and Ministry of Commerce and Investments as per Saudi Vision 2020:
o Performed benchmarking study for Government Fund of Funds, Government VC Fund, and SME Fund.
o Developed Fund Structure for FoFs, VC and SME Fund
o Developed Operating and Financial Model for the Government VC Fund and SME Fund
o Defined Fund KPIs
o Developed Fund Manuals (Fund Strategy and Governance Structure, Investment Policy Statement, Investment Mandate, Policies and Procedures manual, Operating Manual, Screening and Reporting Criteria and templates)
o Defined the Co-Investment Scheme structure for the Government SME fund and the screening criteria for the participant Co-investment companies/Angel Investor Groups/ HNWIs
2. Report to Advisor to the Governor on VC & Seed Fund and several other Funding initiatives
o Update and present reports to the Advisor to the Governor on the progress of on-going projects on weekly basis
o Prepare presentations for the Governor of SME Authority for updating on previous work and to obtain approval for next steps.
3. Financial Consultancy Services for VentureSouq Dubai for closing deals in KSA
o Prepared financial models for companies within KSA and Analyze the Financial models for potential investment opportunities in UAE.
o Prepared Investment Structure upon deal closing
o Prepared Investment Term Sheets upon deal closing
4. Fund Structuring, Fund Management, Financial Valuations, Mergers & Acquisitions
o Developed Fund Structure, Fund Manuals (Fund Strategy and Governance Structure, Investment Policy Statement, Investment Mandate, Policies and Procedures manual, Operating Manual, Screening and Reporting Criteria and templates) for several clients including Wadi Jeddah Techno Valley Fund, King Abdullah Economic City Fund, Wadi Makkah Fund)
o Executed and implemented the policies and procedures for fund operations for Wadi Jeddah and Wadi Makkah Fund
o Re-structured Funds for High net worth investors and private VC firms
o Developed financial valuations for SMEs and assisted in Mergers and Acquisitions.
5. Providing Investment advises and Business Assessment services to SMEs and high net worth investors.
o Evaluated investment opportunities
o Prepared financial models and performed DCF and Asset based Valuations
o Developed growth strategies for SMEs by assessing market trends and how to tap new areas
o Performed Financial evaluation check for assessing the company health and provided customized solutions
6. Business Model Development and Financial Modeling
o Prepared business models and financial models for Small and Medium businesses in several industries including Healthcare, Transportation, Education, ICT.
7. Consulting services for Ministry of Interior Musharakah Program
o Performed Commercial and Financial Due Diligence of several Investment companies licensed for the extension of Takamol Fund.
o As a part of team, I reported to Takamol after analyzing company’s;
Strategies of Private Equity Funds and Venture Capital Funds
5 year investments and Financials
1. Financial Reporting
Maintain timely and accurate financial statements and reports
Develop and implement internal policies and procedures and ensure compliance
Prepare all supporting information for annual audit
Develop and maintain financial accounting system
Reconcile bank accounts
Review monthly results and develop monthly variance reporting
Oversee the book keeping function performed by accountants
2. Budget Preparation
Establish guidelines for budget and forecast preparation
Prepare the annual budget in consultation with the board
Upgrade the annual budget
Prepare quarterly report on variance from budget and reasons for variance
Assist management in the formulation of its overall strategic direction
3. Management Reporting
Prepare monthly, quarterly, and annual management reports
Provide accurate and timely reporting on financial activity
Interpret the financial results to management and recommend improvement activities
4. Financial Analysis
Cost reduction analysis in all areas of the company
Review the performance of competitors annually and report on key issues to the management
Highlight and review company bottlenecks and recommend changes to improve
Prepare monthly analysis of COGS and Operational expenses against budget
Partner with purchasing team in determining financial impact due to product cost reductions, new product roll out, etc.
Assist in the determination of product pricing in relation to the features offered and competitor pricing
Create additional analysis and reports as required.
Responsibilities undertaken:
Payment Accountant Duties:
• Prepared petty cash reimbursements
• Code the payments and ensured appropriateness of supporting documents in accordance with the company policies and procedures
• Prepared payment vouchers and cheques /transfers
• Prepared payments based on approved invoice verification
• Settle suppliers’ advances, payment setting off.
• Prepared monthly salary payment vouchers.
• Prepared month end rents and utility bills payment.
• Post transactions to journals, general ledger schedules and other company records.
• Attended to all queries of suppliers.
• Any other duties assigned from time to time by the superior staff
Administrative Duties:
• Filed invoices, vouchers as appropriate
• Follow up on pending issues/queries
• Monitored attendance and punctuality of department staff.
Candidate of CFA Level 2 Passed level 1 of CFA in 2013
I received a merit scholarship in one semester at a gpa of 3.8, I worked in Royal Bank of Scotland, Main Branch, as a Payment Accountant in Finance Department,.