Jamal Alawneh

Identify weaknesses in the system, initiate improvement that focus on controls and accountability.
Manage and monitors the activities of the Finance staff, setting goals and deadlines to measure their performance.
Produce accurate financial reports to specific deadlines
Supervise the monthly closing process, ensuring that all entries are correctly taken up.
Liaise with other departments to get information required to produce a reliable forecast.
Analyze and interpret financial results, providing explanations for material variances against budget.
Lead and/or present financial analysis and results to business unit head.
Attend to tax/zakat and other government agencies queries without delay.
Coordinate the annual audit to ensure completeness by deadline set.
Provides all the information required by auditors without delay.
Monitors the progress of the auditors regularly during the period

Lead full finance and accounting operations for multiple contracting projects including
budgeting treasury reporting compliance and financial governance
Develop rolling cash flow models aligned with operational timelines improving liquidity visibility
funding stability and subcontractor payment planning
Work closely with project management procurement teams and senior leadership to monitor
cost performance cash flow exposure budget adherence and financial risk across active
operations
Design project profitability dashboards enabling real time cost tracking margin control and
variance analysis
Manage banking relationships credit facilities leters of credit and bank guarantees optimizing
financing structure
Implement internal control systems covering revenue recognition project costing procurement
accounts payable accounts receivable and payroll
Prepare annual budgets rolling forecasts monthly financial statements and executive
performance reports
Integrate finance with procurement operations and HR enhancing cost discipline financial
accountability and interdepartmental coordination
Lead finance team of 6 staff overseeing full cycle accounting treasury operations and financial
reporting

Manage all accounting operations including Billing, A/R, A/P, Cost
Accounting, Inventory Accounting and Revenue Recognition
- Coordinate and direct the preparation of the budget and financial forecasts
and report variances
- Prepare and publish timely monthly financial statements
- Coordinate the preparation of regulatory reporting
- Research technical accounting issues for compliance
- Support month-end and year-end close process
- Ensure quality control over financial transactions and financial reporting
- Manage and comply with local, state, and government reporting
requirements and tax, Vat filings
- Develop and document business processes and accounting policies to
maintain and strengthen internal controls
- Additional controller duties as necessar

Managed end to end accounting operations including receivables payables inventory treasury
and financial reporting
Formalized credit policy procurement authorization matrix and delegation of authority
framework
Improved working capital cycle and strengthened collection processes reducing overdue
balances
Prepared budgets forecasts variance analysis and executive financial summaries
Supervised VAT and zakat compliance ensuring regulatory adherence
Led finance team of 4 professionals ensuring reporting accuracy internal control compliance and
financial discipline

Prepare and review journal entries.

Analyze financial transactions, determine accuracy

Ensure the smooth operations of the accounting processes; treasury, GL, AR, AP, closing and reporting etc.

Support and participate in all accounting activities during the monthly/quarterly close, including the preparation of account reconciliations.

Control all documents imported and exported to the accounting department, and to ensure its accuracy and validity.

Reviews, investigates and corrects errors and inconsistencies in financial entries, documents and reports.

Participate in the annual inventory checking.

Control and follow up commercial invoice ( LC payments )

Developing guidelines for the collection process.

Reviewing and approving “New Customers Applications” to insure proper credit check.

Ensure that debts are paid in a timely manner

Maintain accurate records of all chasing activity

Handle disputed bills and negotiate to bring payment within the agreed terms

Undertake account reconciliations as required

Send out monthly client statements/letters as may be agreed from time to time
Controls Petty Cash.

Prepare payments for vendors, and collect checks from customers, and manage the cash flow of the project

Prepare cash flow reports in coordination with the cost consultants, and heads of departments for preparing updated forecasts

Cash management of the project, and accurate cash flow forecasting

Prepare budgets, for both operations and development activities, and prepare budget reports

Reconcile the records with vendors and clients on a timely basis

Prepare bank reconciliations on a monthly basis

Assist in hiring and leading the finance team of the project

Prepare miscellaneous reports as requested by management

Managed general ledger receivables payables treasury trade finance and cost control operations
Controlled cost structures margin analysis and inventory valuation processes
Supported audit processes financial statement preparation and compliance reporting
Supervised finance operations team of 34 staff across accounting receivables payables treasury
and reporting functions

To ensure that monies from debtors come in within the credit limit periods

Responsibility for a client ledger of around 600 accounts ranging From SAR 10 million - 16 million per month

Dealing with any queries relating to client list and escalating where needed.

Management of Direct Debits. Processing, inputting.

Management of freelancer ledger. Ensuring Direct Debits received prior to commencement of service and liaising closely with sales Team to ensure the ledger runs smoothly.

Monthly reporting to high level internal management, sales & Account management teams on outstanding issues and inform them of potential debtors’ problems.

Document all the relevant correspondence related to outstanding Invoices and communication from clients.

Liaise with other departments within the company to ensure the Best possible service is given to the client as well as ensuring prompt payment is received.
Assisting with invoicing and ad hoc manual invoicing when required

Managed large debtor portfolio structured collection strategies and improved cash inflow
Established credit evaluation procedures including scoring limit seting and risk classification
Prepared aging reports credit risk dashboards and collection performance analysis
Led credit control team overseeing collection targets risk monitoring and receivable
performance

Obtaining customers satisfaction with regards to timely delivery of invoices
Developing guidelines for the collection process.

Reviewing and approving “New Customers Applications” to insure proper credit check.

Managing collectors’ plans to optimize collection targets.

Complying with departmental policies and procedures to reduce the average collection period.

Ensuring that discounts are applied based on Company’s policy.

Doing general accounting transactions.

Managed corporate customer accounts ensuring timely invoicing optimized collection cycle and
stable cash flow
Reviewed and approved new customer credit applications conducting structured credit checks
and risk assessment prior to onboarding
Developed collection process guidelines improving efficiency and reducing average collection
period
Supervised collectors plan to achieve monthly targets and maintain performance discipline
Ensured proper discount application in line with company policy protecting margin integrity
Performed general accounting transactions reconciliations and accounts receivable monitoring

Conducted SME credit analysis including financial statement analysis cash flow assessment and
structured risk evaluation
Prepared credit proposals for credit commitee and monitored portfolio performance

Analyze financial statements and credit data in order to determine the degree of risk involved in extending credit or lending money.

Applying the proper financial ratios, using computer programs, to evaluate how fit the customers’ financial status to the lending department’s scheme.

Prepare reports that include the degree of risk involved in extending credit or lending money.

Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.

Comply with credit association and other business representatives to exchange credit information.

Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.

Determine cash available in the Branch.

Coordinate between tellers by sending and receiving cash among them.

Receiving large amounts of cash orders from customers.

Selling and buying local and foreign currencies.

Reconcile end of day cash with tellers.

Responding to the VIP customers inquiries about their statements, accounts or new services of the Bank.

Take all opportunities for cross selling of different products to increase sales volume and profitability in marketing Bank products to achieve branch targets and goals.

Issuing and receiving certified checks, remittance

Managed teller operations cash controls reconciliations and compliance procedures