Imad Semsom

17Sixty - Dallah Group, Jeddah
• Participate in the ongoing strategic planning process as an integral member of the senior
management team.
• Engage senior management and department heads to align financial management with short-
and long-term financial planning and projections.
• Develop finance organizational strategies by contributing financial and accounting information,
analysis, and recommendations to strategic thinking and direction and establishing functional
objectives in line with organizational objectives.
• Manage cash flow and forecasting; direct all financial, project-based, and departmental
accounting.
• Ensure that finance staff maintains financial record systems in accordance with Generally
Accepted Accounting Principles and monitor the use of all funds.
• Review bank account reconciliations, daily cash monitoring and payroll control.
• Managing bank Relationship for facilities contract and follow up on guarantees.
• Maintain system of accounts & keep records on all company assets.
• Issue Trial Balance, Balance Sheet and P&L and Zakat declarations (KSA).

Direct Source Engineering Solutions, Jeddah
• Reducing Liabilities and Expenses by reorganizing the financial strategies and improve
profitability.
• Setting a new business strategy that led to enhance the internal communication between
departments.
• Managing the company’s financial situation to minimize the risk during pandemic.
• Perform detailed account analysis and corporate month-end processing and reporting.
• Financial planning and budgeting, cost tracking and business plans.
• Prepare work papers and supporting schedules for the annual financial review.
• Track payables and debtors.
• Review bank account reconciliations, daily cash monitoring and payroll control.
• Managing bank Relationship for facilities contract and follow up on guarantees.
• Maintain system of accounts & keep records on all company assets.
• Issue Trial Balance, Balance Sheet and P&L and Zakat declarations (KSA).
• Monitoring VAT reports. Managing statutory and management audit with external auditors.

Saudi International Company for Agencies and Commerce, Jeddah
• Perform detailed account analysis and corporate month-end processing and reporting.
• Review and authorize the weekly accounts payable run.
• Discussing and implementing the various financial plans offered by the management.
• Review, Investigate and correct errors & inconsistencies in accounting entries,
documents and reports.
• Planning and reporting for revenue and cost management.
• Prepare work papers and supporting schedules for the annual financial review.
• Track payables and debtors reporting.
• Review & Check all the Bank Reconciliations.
• Prepare and follow up Letter of Credit / guarantee - financing.
• Maintain system of accounts & keep records on all company transactions & assets
• Review & Check the Payroll.
• Issue Trial Balance, Balance Sheet and P&L and Zakat declarations (KSA)
• Cash flow management.
• Budgets tracking and ensure meeting the spend budget. Identify cost saving initiatives
to deliver saving vs budget.
• Managing the finance team to deliver with integrity and develop department synergies
• Initiated an internal audit project which led in identifying fraud.
• Implemented the system and workflow for the whole company (4 Sales Points in KSA,
Factory and Projects).

Jeddah
• Review, investigate, and correct errors & inconsistencies in accounting entries,
documents, and reports.
• Monitor compliance in accordance to Socpa standards, generally accounting principles
(GAAP) and company procedures.
• Compile and analyzes financial information to prepare entries to GL accounts, cost
center.
• Prepare work papers and supporting schedules for the annual financial review.
• Track payables and debtors, ensuring collections are according to the payment terms.
• Review all the bank reconciliations and managing the company liquidity.
• Prepare and follow up Letter of Credit / guarantee - financing.
• Maintain system of accounts & keep records on all company transactions & assets.
• Maintain Fixed Assets registrar.
• Review & check the payroll.
• Issue Trial Balance, Balance Sheet and P&L and Zakat declarations (KSA).
• Prepare cost forecast and assist in preparing the revenue budget.
• Managing the development plan for the employees within the department.

Rabiya Agriculture and Trading Co., Jeddah
• Handling daily finance operation.
• Track payables/receivables and collections/payments Review all the accounting
transactions JV’s before posting & give the final approval.
• Issue Trial Balance, Balance Sheet and Income statement.
• Prepare all the Zakat declaration requirements / forms.
• Daily cash movement and cash flow management.
• Prepare Forecast and Assist in preparing the Budget.
• Closely maintain and monitor the fixed assets system.
• Assure issuance of financial reports on timely basis.
• Preparing the physical inventory, reconcile the same with the ERP system & report
discrepancies.
• Managing the internal and external auditors in preparation of the audited financial
statements.

Mirage Travel (Rabya Group), Jeddah
• Team Manager for 10 accountants In Head Office / 4 Branches in KSA
• Maintain the Accounts receivable, payables and general ledger
• Issue credit notes, debit notes, receipt vouchers and payment vouchers
• Collections of debtors according to the agreed payment terms
• Payments (BSP)
• Prepare payroll and manage the banks/third party reconciliations
• Issue Trial Balance, Balance Sheet and P&L

All accounting duties