Senior Manager, Corporate Finance
Sunbulah Group
Total years of experience :11 years, 9 Months
KEY RESPONSIBILITIES:
Monthly financial closing and reporting, including preparation of monthly financial statements and financial reports for executive management.
Analyzing financial & other key operational information to identify key drivers of operational performance.
Ensuring compliance with applicable accounting standards i.e., IFRS and local laws.
Supervising zakat & tax filings, audits, finalization of assessments for prior years with Zakat and Tax Department.
Handling quarterly review and statutory audit with the external auditors.
Ensuring compliance with policies, processes, and internal control guidelines, including monthly account reconciliations.
Working with Group CFO and CEO to support them with monthly business reviews, analysis, and business requests.
Preparation of recommendation for BoD Chairman relating to matters such as restructuring, potential acquisitions, carve outs and dividend distributions etc.
Attending Group Audit Committee meetings and handling the queries and requirements from its members.
ACHIEVEMENTS:
Developed and implemented a consistent management reporting structure across all group entities which helped in gauging the performance of each entity and timely identification and mitigation of operational and financial issues.
Revamped process workflows, accounting policies and reporting packages.
Successfully completed the carve-out of four business units into independent reporting entities.
Formulated accounting for complex business combinations and transactions including acquisitions and carve-outs.
Streamlined operational and financial processes by successfully developing a delegation of authority matrix.
Brought efficiencies and process improvements by automating various processes and transactions including IFRS 16, VAT accounting and bank reconciliations.
Worked as Manager, in Audit & Assurance Services Department of PwC and handled my portfolio of clients consisting of entities and groups across multiple industries and multinational companies.
The experience gained was instrumental in enhancing ability to lead, adapt, manage time, work within a team, interact with clients and deliver result-oriented & timely outputs and manage job economics. Key highlights of my experience at PwC, Saudi Arabia, while working in different capacities from Senior Associate to Engagement Manager include:
Managed a diverse pool of resources, including group audits across territories, setting priorities, promoting team culture, and coaching team members.
Achieved the departmental objectives while completing the audits as per International Standards on Auditing and PWC best global auditing practices.
Identified business process control deficiencies with recommendations to improve internal control environment.
Gained extensive experience in business reporting, IFRS, corporate finance, budgeting, costing, internal controls & corporate governance.
Conducted training sessions for associates and seniors on PwC methodology, audits, and audit tools.
Prepared job budgets and ensured the economics of the job are achieved while ensuring delivery of quality services to our clients.
Lead IFRS implementation services for various clients.
Prepared and reviewed standalone and consolidated financial statements in accordance with IFRS.
Undertook planning and finalization of engagements, resolution of key issues arising out of engagements, reporting on compliance with statutory requirements and mandatory communication with those charged with governance.
Managed projects, in my capacity from Lead Business Solution Consultant to Project Manager, relating to business process analysis, internal control evaluation and redesign, and implementation of Oracle based ERP solutions.
Supervised teams in conducting business process studies, process flow mapping with Oracle applications while suggesting process and control improvements to clients.
Gathered reporting requirements from client senior management and ensured their incorporation in system.
Ensured timely and successful completion of projects by continuously coordinating with firm Partner and Senior Manager with respect to Implementation progress - issues, variances from plan in terms of time, budget, cost & billing.
Worked in capacities ranging from Audit Associate to Audit Senior and undertook multiple annual financial audits, risk based internal audits, operational audits, compliance audits and accounting services projects.
Coordinated with various professionals such as lawyers, actuaries, independent valuators, and information technology experts;
Gained extensive experience in business processes, IFRS, costing, internal controls & corporate governance.
Improved design and effectiveness of internal control system by recommending remedial actions.
Prepared and filed Income Tax returns of corporate clients.
Assisted in preparation and filing of appeals before appellate authorities including preparation of appeal grounds.
Assisted in compliance of notices from tax authorities relating to income tax audit and VAT.
CHARTERED ACCOUNTANT
