محمد سعد ناصر

Establishing Company Branches in KSA & Egypt

• Assist in formulating the company's future direction and supporting tactical initiatives.
• Monitor and direct the implementation of strategic business plans.
• Manage the capital request and budgeting processes.
• Develop performance measures that support the company's strategic direction.
Operations
• Participate in key decisions as a member of the executive management team.
• Manage the accounting, investor relations, legal, tax, and treasury departments.
• Oversee the company's transaction processing systems.
• Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package.
Financial Information
• Oversee the issuance of financial information.
• Report financial results to the board of directors.
• Directs budget and cost controls, financial analysis, accounting practices and reports. Analyzes and interprets financial data and recommends changes to improve systems and financial performance. Supervises exempt and non-exempt accounting staff.
• Maintain appropriate insurance coverage.
• Ensure that the company complies with all legal and regulatory requirements.
• Ensure that record keeping meets the requirements of auditors and government agencies.
• Report risk issues to the audit committee of the board of directors.
• Maintain relations with external auditors and investigate their findings and recommendations.
Funding
• Monitor cash balances and cash forecasts.
• Arrange for debt and equity financing.
• Manage all free cash flow, working capital, assets totaling about 200 Million, budgeting and business risk functions. Monitor business operations for compliance with debt to equity requirements.
• Dispense growth funds, minimize foreign currency risk, and execute strategies to increase market presence.
• Successfully improve business processes that increased available cash flow and provided funding for organic business growth.

• Determining financial objectives. Designing &implementing systems, policies & procedures to
facilitate internal financial
• Preparing Annual Budget and forecasting trends.
• Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
• Developing and updating accounting, finance and management policies and procedures.
• Effective Cash Flow Management.
• Monitoring budgets and comparing them with actual cost and revenues related to production, marketing and capital.
• Coordinating the preparation, maintenance and filing of projected P&L Account, Bills discounting and Balance Sheet as required by bank authorities and other financial institutions.
• Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
• Getting control accounts reconciled and sorting out the discrepancies.
• Liaison with business related organizations such as Banks, Ports, and GAZT & Etc...
• Handling Reserve with Banks queries for export/import matters and carrying out all correspondence with the bank.
• Fully handle the VAT file and commit to submitting the report in time to avoid any fines.
• Negotiating with the banks for export documentation requirement.
• Opening letters of credit in the case of purchase terms with scheduling and follow-up payments with banks.
• Processing of Purchase Bills of Raw Material, Asset & Passing Bills of expenses from various departments.
• Review & approve payment vouchers &journal entries.
• Work consultative with the respective departments on cost reduction initiatives.
• Work with both internal and external auditors during financial and operational audits.
• Maintain system of accounts and keep records on all company transactions.
• Provide guidance to other Accountants when needed.
• Responsible for auditing activities by providing necessary information and preparing requested documentations.
• Monitor and record financial transactions according to company policies and regulations.
• Review and recommend changes to existing accounting procedures.
• Monitoring financial matters of overseas business in UK, Europe & Asia and report to Board

• Worked directly with CFO to build company accounting system From A to Z and Applied New System for it
• Developed training manual for new staff to ease transition for new employees.
• Handle full spectrum of financial and cost accounting role eg. (AR, AP, GL, forecasting, budgeting etc...).
• Responsible for day to day finance and accounts operations.
• Perform full set of accounts and ensure timely closing of accounts.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow, and management reporting for submission to Management.
• Review & approve payment vouchers &journal entries entries.
• Work consultatively with the respective departments on cost reduction initiatives.
• Closely maintains and monitors the fixed assets system.
• Coordinate monthly closing process and reconciliation of general ledger accounts.
• Responsible for all taxes obligations.
• Work with both internal and external auditors during financial and operational audits.
• Maintain system of accounts and keep records on all company transactions.
• Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
• Provide guidance to other Accountants when needed.
• Assist in budget preparation and expense management activities for assigned accounts.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Monitor and record financial transactions according to company policies and regulations.
• Review and recommend changes to existing accounting

• Preparation of Financial Accounting Reports (Administration Expenses, Cash Flow, Income statement, Balance sheet, Capital Expenditure & Employee Expenses).
• Handling Monthly Adjustment & Closings for accounts (Accrual Expenses, Prepaid Expenses amortization calculation and assets' Depreciations).

• Handling monthly GOSI Calculations.
• Accounts Receivables recording, Reconciling & Preparation of Debit Advices.
• Accounts Payables recording, Reconciling & Preparation of Debit Notes.
• Handling All Bank Accounts Reconciliations.
• Preparation of Payroll.
• Handling All Kind of Employees Provisions (EOSB, Vacation& Tickets)
• Assist in Budget Preparation.
• Assist in Audit File Preparation

• Accounts Receivables & Preparation of Debit Advises.
• Accounts Payable & Suppliers closing and Reconciliation.
• Preparation of Payroll.
• Employees Expenses
• .Banks Reconciliation.
• Monthly Closings
• Assist in Budget Preparation
• Assist in Audit File Preparation. .

• Accounts Receivable
• Recording Journal entries.
• Reconciliations

• Accounts Payables
• Accounts Receivables
• Bank Reconciliations.
• Payroll Preparation.
• Employees Expenses.