Mahmoud Al Ghanim

Xerox is a joint venture company which sells & provides services to international copy brand name i.e. Xerox machines.
Reporting to the country finance manager, main responsibilities are to:
• Report daily turnover and associated costs.
• Approve after calculating margins for ORS, lease and other special deals.

• Guide, manage & supervise collection process.
• Report monthly, quarterly & yearly accounting activities and results of the region.
• Reconcile sub-ledger system to GL (un-integrated system).
• Follow up customers with long outstanding balances, reconcile their balances and obtain confirmations.
• Lead, supervise and train subordinates.
• Report partially results in US GAAP, especially variances above certain limits.

ARARCO is a family owned company making business as a holding company with various local and foreign investments in both private and quoted.

Reporting to both CFO and CEO, I managed a team of five accountants, main responsibilities are to:

• Communicate with local and foreign banks for daily transactions, queries and conflict resolution;
• Ensure banks issues are dealt with in an efficient manner, inform the CFO and/or CEO of any problem that may arise and suggest and enact solutions;
• Own banks’ facilities, loans’ renewals, repayment schedules and recalculating interest;
• Provide regular two-way communication between the banks and finance team which leads to strong team representation;
• Lead and train other members of the finance team;
• Ensure necessary actions are undertaken by the finance team;
• Assists in strategy development of company;
• Record, analyze, report and administer finance information in accordance to SOCPA regulations and requirements;
• Present training session to finance team members and others to develop relevant knowledge, techniques and skills;
• Control expenses to meet budget guidelines and then report and analyze variances;
• Adhere to company policies, procedures and business ethics codes and ensure communicating and implementing within finance team;
• Prepare annual financial statements, combined and consolidated financial statements;
• Prepare and report monthly closing and management accounts;
• Prepare annual budget and forecasts, report and analyze variances; and
• Coordinates with external auditors to finalize their various reports.

Ernst & Young is one of the world's leading professional services organizations, helps companies across the globe to identify and capitalize on business opportunities. Its services include internal and external auditing, taxation and advisory.

I worked in the assurance division of Ernst & Young as senior auditor. I have leaded various audit teams to perform different types of statutory audits, group audits and contributed few of due diligence and other reporting jobs.

While at Ernst & Young I had the opportunity to develop the following skills:
• Insight and working knowledge of Generally Accepted Accounting Principles of Saudi Arabia;
• Analytical review of financial statements and understand the language numbers speak;
• Clear and objective report writing capabilities;
• Performing process level analysis to identify process level weaknesses in the business cycle of clients and provided process improvement suggestions to clients to overcome such weaknesses;
• Project management skills by managing number of assignments;
• Surviving in a highly demanding work environment;
• Adapting myself to working in a tough environment where multitasking is minimum requirements;
• Managing and motivating team members so as to perform better; and
• Worked with colleagues and clients of various nationalities. Have understood how to accept and respect cultural differences and work towards achieving targets.