Finance Manager
Saudi Rubber Products Co.
مجموع سنوات الخبرة :20 years, 8 أشهر
Direct all corporate finance and accounting activities, including monthly/quarterly financial statement preparation and forecasting as well as budget development. Streamline overall accounting and finance operation by applying newly developed ERP System (SAP business). Organise and deliver training sessions for team members to maximise performance level and attain assigned business goals.
Key Contributions:
• Enhanced business operations by negotiating bank facilities.
• Managed overall account operations and executed compliance by adhering Zakat and VAT requirements.
• Developed innovative ideas and procedures in order to streamline payroll operations and reduce budget expenditure.
Rendered superior level of expertise for collecting, analysing, and interpreting data along with evaluating possible strategies to improve financial and budgetary condition of organisation. Provided effective business development and financial management consultancy and controlled several financial operations of projects to execute compliance as per prescribed budget. Organised effective five-year business development plan for the organisation. Critically analysed projects’ contractual agreements to ensure company’s adherence to all terms and obligations. Participated in formulation of budget and financial planning of major potential projects.
Key Contributions:
• Ensured successful completion of each project by actively managing and monitoring project operations against the work plan.
• Administrated overall accounting and finance operations of project and assured projects’ costs and revenues reported correctly in accordance with SOCBA, GAAP, and IFRS.
• Governed several operations associated with assets and facilities management.
• Implemented effective management strategies in development of newly purchased projects management information system under Oracle.
• Formulated numerous reports, highlighting the implications of the new tax law being introduced in Saudi Arabia on White Lands.
• Identified areas of improvement and new business development opportunities and implemented effective strategies accordingly.
Utilised effective accounting and finance management expertise in establishing new reporting and control tools to monitor projects performance and expenditures. Developed and executed cost-saving plans to ensure project compliance within given budget. Implemented newly developed ERP system to enhance operational and financial efficiency. Provided effective cost effective procedures and budget description by delivering presentation.
Key Contributions:
• Drove process improvement in various financial management by designing new mechanism for projects’ budgeting.
• Managed diverse range of mergers and accusations.
• Played an integral role in preparing effective cost management plans and procedures for mega projects.
• Collaborated with senior project managers to improve and analyse percentage of completion for each project.
Engineering and Construction Company based in Jordan with major projects in Iraq. SITCON specializes in providing cutting-edge technological solutions in the water and waste water sectors.
Achievements and responsibilities:
Control and compliance with all aspects of financial management include handling and supervising all accounting activities.
Initiated good relationship with local banks.
Responsible to issue different types of LGs and LCs together with securing financing loans.
Established and maintained proper financial procedures and controls.
Designed comprehensive financial and accounting reports to Management.
Developed and maintain a cash forecasting system to ensure availability of adequate funds.
Manage the overall implementation of the ERP system.
Participated in organizing warehouses, include automating of the whole warehousing process and interface with other modules.
Organized the mechanism of budget's preparation and thereafter conducting deviation analysis.
Enhanced compliance with local regulations in respect of financial and other matters (e.g. Registration, taxation and labor laws).
UNRWA considered as the largest Agency under the UN umbrella with more than 30, 000 employees and a budget of more than two billion dollars per financial period.
Activities of The Audit and Inspection Department cover the five operational areas of UNRWA: Jordan, Syria, Lebanon, West bank and Gaza.
Achievements and responsibilities:
Conduct both operational and financial audit assignments.
Design audit procedures and plans.
Test internal controls and analyze activities in term of potential risk and impact on operations.
Discuss findings and recommendations with Management and report them to UNRWA’s Commissioner General.
Follow-up on the consideration of audit findings and implementation of recommendations.
Writing Audit Reports in accordance with UN standards.
Perform especial inspection and investigation assignments.
Majoring in Accountancy from the School of Management. The Program consisted of two parts: 75% of the Program considered being taught courses, which focused on the most advanced current issues in accountancy. The second part was a project, which led to a written dissertation. The subject of the dissertation was about Lease Contracts and the accounting treatment for different types of lease contracts according to the UK, US and the International Accounting Standards (IAS).