Financial & MIS Analyst
Alrajhi Bank
Total years of experience :21 years, 7 Months
Maintenance of daily performance dashboard of all SME products and services, reporting to General Manager.
Preparing BRDs for Directors and Unit Head for HMC Approval.
Preparation of reports for AGM by collating data from all Regions for SME Business Segment.
Data Extraction from various Data management systems used by Business units.
Performing data analysis of different banking products on periodic basis.
Generate both periodic and ad hoc reports for operations team and senior management.
Analyse business information to identify process improvements for increasing business efficiency and effectiveness.
Closely monitor performance of POS finance, analyse, and identify root cause for portfolio fluctuations.
Provide support as required to ensure the availability and performance of developed reports and dashboards for SME Product Development team.
Dashboards to track achievement against Annual operating plan.
Financial Accounting & Reporting
Management of all activities related to Accounts Payable, Accounts Receivable and month end closing.
Implemented automation of the clinic’s billing system, supervision of invoicing processes and regulating invoicing as per VAT.
Supervision of revenue and expense accounts and bank reconciliation.
Preparation of financial reports including Profit and Loss Statement and Cash Flows.
Negotiation and preparation of debit & credit notes as per requirement for suppliers.
Preparation of VAT statements and submission to GAZT (General Authority of Zakat and Tax).
Payroll Management & Administration
Implemented MenaPAY module (MenaITech) with necessary internal controls resulting in a zero-error rate.
Responsible for payroll through electronic salary transfer system WPS (Wages Protection System).
Familiar with relevant labour laws and regulations in case of termination, resignation, E.O.S., etc.
Budget Preparation & Audit
Performing budget forecasts and consistently working on costs reductions.
Preparing audit schedules for external auditors and liaising between the organization and auditors.
Treasury
Managing bank accounts and authorization of online payments.
Responsible for day-to-day control over cash transactions.
Other Responsibilities
Maintaining inventory and approving purchase orders.
Assisted Finance Manager in generating reports; summarising and forecasting project activity and financial position in areas of income, expenses and earnings based on past, current, and expected operations for specific projects (cash flow forecasting).
Liaised with the projects department on on-going basis, ensuring that the information flow is maintained, and financial accounting support is provided as per normal accounting practices.
Performed all activities related to financial accounting, such as invoicing, management of supplier payments, and maintaining cash flow analysis.
Assisted in analysis and preparation of monthly project financial statements to include analysis of key financial performance indicators and trends, comparison of “actuals” to budget, with corrective actions/ recommendations, as required.
Drew up a weekly invoice query list for the procurement department for their follow up and action.
Responsibilities as GENERAL ACCOUNTANT:
Maintained general ledger, including preparing general entries, accounts analysis and reconciliation, closing books monthly, and setting up new accounts.
Reconciled monthly bank statements, verified all deposits, and handled discrepancies and problems.
Prepared and analysed financial and operational reports; performed variance analysis.
Maintained payroll, including record keeping, processing pay checks, etc.
Updated records for fixed assets and all other financial documents as necessary.
Generated financial reports related to budgets, account payables, account receivables & expenses.
Responsibilities as MIS ANALYST:
Develop MIS system for customer management and internal communication.
Evaluated data that came in from different departments of sales, purchase & marketing and generated daily dashboards.
KPIs and profitability of each of the Retail Asset & Liability products.
Plan and budget the incentive scheme allocations.
Generate both periodic and ad hoc reports and dashboards.
Analyse business information to identify process improvements for increasing business efficiency using MIS tools.
Responsible for all accounting and financial information of branch activities, sales, finance, and marketing.
Performed monthly, quarterly, and annual reconciliations and audit work papers, and schedules as requested.
Provided assistance to departmental personnel with budget questions, proper expenditure coding, document processing and other accounting related activities.
Performed financial and fixed asset accounting as well as annual and mid-year budgets.
Performed monthly close processes to increase accuracy of recording financial transactions and analysing results in a timely manner.