Finance Director
SRACO
مجموع سنوات الخبرة :18 years, 4 أشهر
Oil & Gas Sector
SRACO is one of the largest groups in the eastern region with an employee count of 35K and a turnover of approx. 500
Million USD, operating in Facility Management, Manpower Supply, construction and Oil and Gas upstream and
downstream services.
I currently serve as the
Responsible for all aspects of Company’s financial management and monitoring of the internal control
environment.
• Reporting to CFO
• Cash Management
• Ensure the preparation of timely and accurate monthly consolidated management accounts and reports for
operational management
• Responsible for all journals and final GL Balances including review of month end balance sheet reconciliations and
control accounts
• Responsible for management of the Company’s Accounting and financial systems
• Responsible for all statutory requirements
• Preparation of budgets, forecasts and business plans and continuous monitoring & review of performance against
them and reporting of variances to the CFO
• Management of overheads.
• Responsible for Taxation related activities(VAT, Zakat, Withholding Tax)
• Responsible for all external audits
Reported to CFO
• Preparing project budgets and cash flows
• Monitoring project costs, margins and division profitability.
• Verification of all accounting transactions
• Preparation of monthly reporting package
• Monitoring collection
United Group is a key player in the FMCG industry which consists of 6 companies under the umbrella of the Holding
Company.
Accomplishments:
• Set up Internal Audit Department specialized in conducting different audit assignment on before-mentioned
entities
• Designed and implemented reporting tools for live data collection and financial reporting, linked to the ERP.
• Assessed internal control efficiency and audited performance of companies owned by more than 50% .
Job Profile:
• Reported to CFO/COO
• Set up operational and financial policies and procedures for the finance department.
• Preparation of monthly reporting package
• Monitoring company/group margins and profitability.
• Preparing company/group budgets and cash flows
• Responsible for all external audits
• Responsible for all Taxation related activities(Zakat, Withholding Tax
Reported to Audit Partner/Audit Manager
• Performed multiple Due Diligences for potential investments
• Perfumed external audits and issued financial statements for over 100 companies in KSA in operating in multiple
industries.
Major Audit Clients
Cement/ Real Estate
• Al Rashed Real Estate Company
Manufacturing Companies
• Hempel paints
• Eastern Carton Manufacturing Company
Service Companies
• Honeywell Arabia
• Al Suheimi Fugro Geotechnical services
• Rabigh Petrochemical Logistics
• Pan Gulf Welding Solutions
Trading Companies
• Al Bawardi Group
• PEPSI (Al Gosaibi Bottling Company)
• United Group (Khalid Al Hajj and Sons)
• Al Fozan Group
Others
• Arabian Insurance
• Gulf Consolidated Contractors
Academics
courses: Certified Management Accountant, Institute of Management Accountants