Khalid Elhashimi CMA DipIFR CME , Audit Supervisor

Khalid Elhashimi CMA DipIFR CME

Audit Supervisor

Althunayyan Company for Professional Consulting

Location
Saudi Arabia
Education
Higher diploma, المحاسبة
Experience
24 years, 9 Months

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Work Experience

Total years of experience :24 years, 9 Months

Audit Supervisor at Althunayyan Company for Professional Consulting
  • Saudi Arabia - Riyadh
  • April 2018 to November 2023

• Leader of several consulting and special assignments teams.
• Supervising teams of Auditing the client's financial statements.
• Help the clients in order to convert to the IFRS according to SMEs standards & full IFRs and continue to apply the international standards.
• Work together with the special purpose reports team.
• Forensic accounting & Judicial disputes reports that send to the Courts or the Saudi Center for Commercial Arbitration.
• Prepare & submission the Zakat returns, VAT returns & Income tax returns.
• Translate the client's financial statements to English Language.
• Prepared, planned and executed statutory accounts in line with IFRS guidelines.
• Acted as the team leader & point of contact for Off-plan sales clients, delivering excellent customer service.
• Supervised a number of audit trainees by reviewing their work and promoting development.
• Counselled clients on customised improvement plans with targeted suggestions to achieve the targeted increased profitability.
• Reviewed audited financial, operational and regulatory compliance deficiencies and conducted follow-ups.
• Other duties and responsibilities assigned by the partners.
What I learn during my experience at Althunayyan Co.
1- Completing multiple tasks at the same time.
2-Time management and assessing the priorities.
3- Patience and work under pressure.
4-work within teamwork soul.
5-Good behavior and good communication.

Senior Accountant at Alwadi Poultry Farms Company
  • Saudi Arabia - Riyadh
  • November 2006 to December 2017

Responsibilities
• Supervise complete processing of transactions and oversee all accounting processes that comprise Receivable, Accounts Payable, General Ledger, Fixed Assets, Cost Allocation and Payroll Processing.
• Keep a consistent follow-up with clients and supplier accounts and ensure payments are received from clients within the defined credit period.
• participation in monthly, quarterly and annual financial statements and prepare various reports for the top management that include Balance Sheet, Income Statement, Cash Flow, and other interim reports that would aid in decision making.
• Provide support in developing and implementing Internal Control Policies, Guidelines and Procedures to ensure reliability and integrity of financial information, as well as compliance to regulations.
• Provide assistance in preparation of monthly and annual bonus statements for various departments viz. sales, production, administration etc.
• Assist the Finance Manager in preparing annual budgets and oversee the fixed assets and depreciation process.
• Involved in preparation and implementation of budget in coordination with the Finance Manager.
• Participating in research on current market trends, competition and other aspects to support critical analysis and enable informed decision making.

General Accountant at Gazi Al-Otaibi Trading Group
  • Saudi Arabia - Riyadh
  • June 2001 to September 2006

Responsibilitiesu**
Finance and Accounts Management
• Generated and presented statements like Statement of Financial Position, Statement of Financial Performance (Profit and Loss) and Statement of Cash Flow to various stakeholders to ascertain financial health of the organization.
• Monitored business transactions and day to day operations related to sales, purchasing, invoicing, credit management, accounts payables, payroll, general ledger and debt closing activities.
• Liaised with various support teams on issues related to month-end and/or other required periodic closings and consolidation of entries.
• Prepared budgets, detected and highlighted variances and initiated corrective actions.
• Ensured compliance to accounting principles, organizational policies and statutory regulations.
Other Activities
• Updated knowledge and acquainted team members on relevant local regulations like taxation, financial disclosure. Reporting etc.
• Liaised with banks to negotiate terms of service avail of special facilities offered by the bank.
• Rendered assistance to purchase and human resource department by processing payroll for the employees..

Coordinator of Administration and Finance at National Service – Ministry of Defense - Sudan
  • Sudan
  • October 1998 to April 2001

Responsibilitiesu**
• Ensured smooth functioning of operations through efficient coordination between departments.
• Ensured accurate processing and recording of daily transactions.
• Maintained regular interaction with government agencies and non-government bodies for identifying and approaching sources of funding based on business plans.
• Generated and updated various status reports for the senior management team and other stakeholders to provide accurate data that facilitated decision making.
• Assisted managers in preparation and processing of payroll of employees; resolved payroll related queries.

Education

Higher diploma, المحاسبة
  • at Association of Chartered Certified Accountants
  • January 2021

Diploma in international financial reporting (DipIFR) from ACCA

Master's degree, Certified Management Accountant (CMA)
  • at Institute of Management Accountants (IMA) USA
  • October 2014

one of the most important professional qualification round the world

Higher diploma, Post Graduate Diploma in Banking and Exportation
  • at Sudan University for Science and Technology
  • May 1998

With grade Verey Good

Bachelor's degree, Accounting
  • at Omdurman Islamic University.
  • December 1996

With Good Grade

Bayt Tests

Accounting Skills Test (Reporting Earnings)
Score 60%

Specialties & Skills

Accounting Procedures
Budgeting and cost control
Financial Management
Business Process Improvement
Strategic Planning
القيادة
معايير المحاسبة
ادارة الخزانة
تحليل البيانات
التدقيق الداخلي
Report Generation, Balance Sheet, Profit and loss A/c
Department Supervision, Operational Protocols, Performance Analysis
Bank Reconciliation, Balancing Ledgers, Liaising with Banks and FIs
Management Accounting, Accounting Procedures, Internal Controls
Payroll Management, Coordinating with Various Internal Departments
Financial Statements, Financial Analysis, Financial Reporting
Administrative Management, Standardizing Policies & Procedures
Budgeting, Costing, Accounts Receivable, Accounts Payable
Cost Control, Cost Reduction, Initiating Cost Saving Measures

Social Profiles

Personal Website
Personal Website

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Languages

Arabic
Expert
English
Intermediate

Training and Certifications

Certificate of qualification for dealing in securities from the Capital Market Authority- KSA (CME1) (Certificate)
Date Attended:
October 2023
Valid Until:
December 2023
Auditing & Attestation Professional (Audit ) program (Training)
Training Institute:
New Way Institute
Date Attended:
May 2015
Duration:
50 hours
Financial Accounting and Reporting (FAR) program (Training)
Training Institute:
New Way Institute
Date Attended:
March 2015
Duration:
75 hours
English Language Training (Training)
Training Institute:
Wall Street English
Date Attended:
August 2015
Duration:
360 hours
Computer Applications - MS Office, Email and Internet (Training)
Training Institute:
Institute, Sudan
Date Attended:
December 2008