Mohammed  Alansari, Group Financial Director

Mohammed Alansari

Group Financial Director

SIRC

Location
Saudi Arabia
Education
Diploma, International Public Sector Accounting
Experience
19 years, 11 Months

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Work Experience

Total years of experience :19 years, 11 Months

Group Financial Director at SIRC
  • Saudi Arabia - Riyadh
  • My current job since July 2021

KEY DELIVERABLES

- Strategic Planning: Evangelizing the transformation of business & financial outlook, establishing financial strategies. Developing and directing all short-term and long-range financial plans consistent with corporate philosophy and strategies; providing direction to all financial operations to ensure financial data is as accurate and timely as possible, cash and assets are maximized, and accounting systems are reliable and efficiently implemented.
- Finance Management: Formulating, developing, and directing various financial verticals, such as accounting, budgeting, financial and accounting systems, internal controls, decision support systems, auditing, cash management, financial benchmarking, general ledger systems, financial analysis, and long-range financial planning. Handling all the accounting, planning, and budget functions for the Group.
- Internal Audit: Conducting audits highlighting shortcomings & implementing recommendations, recognizing & communicating the internal control weaknesses/issues, and recommending corrective actions to enhance internal controls.
- Financial Statement Preparation: Monitoring & analyzing the accounting data and producing financial reports or statements. Maintaining accurate and complete financial records and participating in audits or reconciliations to eliminate variances. Producing the consolidated financial statements.
- Budgeting: Formulating budgets and conducting variance analysis to determine the difference between projected & actual results and taking corrective actions.
- Accounting: Reviewing, verifying, and recording the financial information and transactions of the organizations appropriately into the systems. Maintaining a financial overview of the firm in the accounting systems. Posting the day-to-day entries of the organization.
- Auditing: Performing internal audit engagements from planning to issuance of the final report, including strategic, operational, compliance, and financial audits focusing on primary business risks and major corporate initiatives.
- Statutory Compliance: Complying with the statutory requirements by reviewing the compliance function for the business. Overseeing the auditing, recording, and reporting compliance issues as appropriate.
- Financial Reporting: Proactively handling the month-end closing and financial reporting process, including account analysis and reconciliation, following group reporting instructions.
- Reconciliations: Carrying out the reconciliations throughout the accounting systems & transactions to determine discrepancies.
- Team Management: Accountable for managing accounting and financial requirements and providing financial support, advice, and expertise to maximize value and deliver leadership, direction, and management to the finance and accounting teams.

VALUE-PROPOSITIONS

- Contributed to developing and implementing the financial policies and procedures for the Group.
- Dexterously steered the SAP implementation.

Senior Director at AlKhorayef Group
  • Egypt
  • January 2017 to January 2018

KEY DELIVERABLES
* Associated with the Project Director for revamping and transforming the Finance Department
* Handled the core accountability of day-to-day financial operations and cash position & assets.
* Played an integral role in Financial Reporting Supervisions.
* Served as the

Senior Project Manager
  • January 2013 to January 2017
Project Manager
  • January 2011 to January 2013

for ERP implementation and operational excellence.
* Restructured the financial and procurement processes across the Group.
* Actively engaged in revamping one of the Strategic Business Unit (SBU)
* Strengthened Internal Control through improvisation.
VALUE-PROPOSITIONS
* Successfully concluded the two ERP implementation projects within the time & budget constraints.
* Contributed to the IFRS transformation project.
* Carried out and completed the restructuring project and established a sustainable financial model.
* Played a significant role in setting up the center of excellence for the finance department.
* Improvised the project financing processes and hedging process.
PRIORWORKHISTORY

General Accounting
  • January 2010 to January 2011
Cost Analyst
  • January 2004 to January 2010
Senior Cost Accountant at P&G
  • United Arab Emirates
  • January 2002 to January 2004
Accountant
  • January 2001 to January 2002

Education

Diploma, International Public Sector Accounting
  • at IPSAS
  • January 2021

courses: Certified Public Accounting

Diploma, Chartered Accountant
  • at SOCPA
  • December 2011
Bachelor's degree, Accounting
  • at KAU
  • May 2001

Specialties & Skills

MS Project
DIRECTING
FINANCE
FINANCIAL
FINANCIAL PLANNING
FINANCIAL STATEMENTS
LEADERSHIP
POLICY ANALYSIS
STRATEGIC
BUDGETING
FINANCIAL REPORTING

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

Arabic
Native Speaker
English
Expert

Memberships

Saudi Organization for Chartered and Professional Accountants - SOCPA
  • main member
  • December 2011