Finance Manager
Naba Al Saha Medical Services Company
Total years of experience :12 years, 9 Months
• Reporting to the Executive General Director as acting finance manager
• Managing all aspects of financial department activities
• Establish, update, and maintain financial department procedures and policies
• Manage the budget and forecasting process
• Monitor and manage cash flow and plan payments
• Preparing reports, analyzing and evaluating financial performance data.
• Ensure that the company operations and financial transaction are run in accordance with the company policy and statutory requirements.
• Supervision, of month-end closing process, including review of GL entries, preparing accruals and other closing journals as deemed necessary.
• Review financial data and prepare the monthly, quarterly and annual reports
• Present financial reports to board members, audit committee, executives, etc
• Understand and adhere to financial regulations and legislations
• Dealing with external auditors
• Monitor the day to day financial operations
• Oversee financial and accounting department employees
• Tax preparation, auditing, banking, investment, and other financial needs as necessary
• Track the company’s financial status and performance
• Identifying areas for potential improvement
• Seek out methods for minimizing financial risk
• Provide insightful information and expectations to senior executives to aid in long term and short term decision making
• Established the Internal Audit Department
• Established risk-based audit framework to reflect in the audit policy, building the audit universe, risk assessment, and three years audit plan.
• Established the audit follow-up framework and system to ensure that recommendations and corrective work has been implemented properly to correct the identified deficiencies.
• Prepared comprehensive risk-based audit plan managing a variety of operational, financial, special reviews, and compliance with the firm policies, government, and industry regulations.
• Worked on governance regulations, BOD work regulations, audit committee regulations, internal audit charter, internal audit policies, etc
• Present findings to audit committee and executive management.
• Organizing audit committee meeting by calling for the meeting, prepare the agenda, prepare the minutes of meeting, communicate the decisions, follows up on the action plans, etc.
Organizing audit committee meeting by calling for the meeting, prepare the agenda, prepare the minutes of meeting, communicate the decisions, follows up on the action plans, etc.
In addition to the roles of the senior auditor, I performed the following:
• Responsible for the preparation of audit strategy and business plans, setting budgets and pricing, scheduling audits, selecting staff and assigning workloads, and financial reporting.
• Responsible for small and medium size components of engagements and contribute to a strong client relationship through interactions with client personnel.
• Plan and manage engagements and people along with ensuring deliverables meet work plan specifications and deadlines.
• Develop and motivate all audit staff and provide them with counseling and career guidance.
As a senior, I carried out the audits covering all major functions of the organization where my key responsibilities were:
• Planning, managing and controlling the overall audit of companies through co- ordination with clients’ staff to meet the targets in respect of completion of audit effectively.
• Single-handed managing audits of medium sized companies in various sectors.
• Preparing final deliverables and financial statements for managers and directors review.
• Continuous liaison with client’s senior and middle management for audit execution and finalization.
• Executing work in line with international accounting and auditing standards as well as Saudi standards (SOCPA).
• Meeting stringent timelines for work completion.
In addition to the roles of the audit assistant, I performed the following:
• Identify accounting and auditing issues; perform research to solve issues that arise
• Be responsible for the preparation of develop an understanding of the Deloitte audit approach, methodology & tools
• Establish working relationships with client personnel
• Prepare financial statement reports and documentation supporting Deloitte's audit opinions
• Demonstrate ability to plan and manage engagements and people along with ensuring deliverables meet work plan specifications and deadlines
• Assist in performing analytical review of audit documents
• Vouching of P&L
• Review of bank reconciliations
• Performing confirmations procedures on bank balances, accounts receivable, accounts payable, etc.
• Review client accounting and operating procedures and systems of internal control
• Provide recommendations for improved controls and enhanced business efficiency
Dean's List: (Fall 2007, Spring 2008) Scholarship: King Abdullah Scholarship Program