Mohanad Alqisi

Reporting and Financial Analysis:
• produce various financial statements and accounting reports for an
organization.
• Reviewing accounting records, analyzing the data for specific reports, and
creating required reports for upper management.
• Develop account reconciliations, journal entries, data compilation and
analyses ensuring accuracy and timely delivery.
• Develop regular financial statements, prepare special projects and perform
analysis for senior management.
• Coordinate with various departments and perform variation analyses for all
technical accounting problems to frame accounting policies, and develop
annual capital expenditure budget.
• Coordinate with departments and compile and review all financial information
and prepare special reports and perform appropriate research.
• Reviews budget reports and assists other departments to prepare annual
budgets.
• Oversees the system of internal controls over Accounting functions to
minimize risk.
• Assists external auditors and provides required statements and information
for the annual audit.
• Implements training for new hires and identifies training opportunities for
current staff.
• Maintains a documented system of accounting policies and procedures.
• Identifies and recommends updates to accounting processes and procedures
Cost Recovery:
• ensure that the “Statement of Fees Due and Payable” (the ‘Invoice’) which is
issued by the Lead Contractor, accurately reflects the cost of the Operating
activities of the company and subsequently generates the appropriate Oil
Lifting Entitlements in accordance with the TSC (Technical Service Contract).
• Submission of Invoice on a monthly basis with the current and previous month
reporting actual numbers and a forecast for the subsequent months of the
quarter
• Support Financial Planning & Analysis (FP&A) business unit analysts by being
the first point of contact for issues and questions.
• Demonstrate appropriate understanding / working knowledge of accounting
principles and internal controls and apply them.
With Holding Tax (WHT).
• · Oversees Withholding Tax reporting, Payments and procedures.
• Assess and research difficult tax issues to identify solutions.
• · Developing and implementing an approved Withholding Tax (WHT) Process
for its operations in Rumaila Oil Field.
• · Preparing WHT payments for the General Commission for Taxes.
• · Maintaining records and reconciliations of WHT payments and receipts.
• Complete quarterly and annual tax reports
• Responding to suppliers’ WHT queries.
• Providing all the necessary information required by Tax authorities regarding
WHT payments, reconciliations.
• Reviewing the trading nature of all newly signed Contracts & Purchase Orders
and service provided by the contractors to assure applying the correct WHT
rates.
• Produce the WHT accounts ageing analysis report.
• Vendor’s accounts and WHT reconciliation

Financial & Business Analyst:
• · Perform financial forecasting, reporting, and operational metrics tracking
• Analyze past results, perform variance analysis, identify trends, and make
recommendations for improvements
• · Cash reconciliations, payment date accounting, monthly reporting and report
production, daily modeling, analysis and reporting and financial Analysis.
• · Responsible for the day- to-day general ledger accounting and reconciliation,
financial reporting and analysis for assigned functional areas.
• · Perform monthly balance sheet, income statement and changes in financial
position/budget variance analysis
• · Analyze data to ensure proper accounting procedures have been followed
• · Prepare financial reports, charts, tables and other exhibits as requested
• · Provide timely, relevant and accurate reporting & analysis of the results of the
division’s performance against historical, budgeted, forecasted and strategic
planning results to facilitate decision-making toward the achievement of the
budget and strategic plan.
• · Maintain and develop various financial models and standard templates
distributed for use by all of Finance during the planning processes, ensuring
quality, accuracy and focused analytic review.
Account Receivables:
• ·In-charge of all Revenue and Receivables recording including invoicing, follow
up on collections with clients and related reporting for all Segments of Oil Field
Services for eight departments.
• · Ensure that invoices follow-up is being done and to highlight any receivables
concerns to Finance and Operations Management.
• · Ensure revenue accounting processes being followed as per Financial
Procedures
• charged with the proper invoicing within standard polices reflective of the
customers' requirement.
• · Works with operation Managers, Unit VP’s to assure timely and accurate
invoicing and rating occurs.
• · Interface with operational managers and Finance Director.
• · Assure timely collection of monies due to corporation.
• · Manage cash application making sure all cash receipts are applied properly.
• · Assure that the companies standard template regarding invoice sample is in
place for every Customer.
• · Make recommendations to improve quality of invoicing and collection
procedures
• Weekly reporting of invoicing totals/aging totals/cash receipts/invoice
adjustments
Account Payables:
• Manage accounting functions including maintenance of general ledger,
accounts payable, accounts receivable, and project accounting; ensures
accuracy and timeliness
• Develop implements and maintains systems, procedures and policies,
including accounts payable functions to ensure adherence to company
guidelines.
• Manage monthly closing of financial records and posting of month end
information; ensures accuracy of financial statements.
• Provide accounting assistance to Country Controller and operations staff;
responds to financial questions/concerns to meet business needs.
• Works closely with the Operations to ensure that the operations within the
Unit are conducted in compliance with the local laws.
• Ensure that all financial transactions are recorded in compliance with the
company policies and procedures. Ensure adherence to corporate ethical
policies and internal controls. Organize periodic audits internally and assist
in external audits.
• Ensure that the accounting transactions are recorded in compliance with the
local accounting regulations and practices

Oversees Accounting operations, which include financial accounting, accounts
payable, and payroll.
• Oversees the system of internal controls over Accounting functions to
minimize risk.
• Ensures that financial reports comply with generally accepted accounting
principles or financial reporting standards.
• Maintains a documented system of accounting policies and procedures.
• Participating in tax audits and payroll
• Manage month-end and year-end closing
• Organize financial data into useable information and maintain updated records

Continuously monitor the liquidity position of Company and its profit centers.
• Money Market (Fund the Bank Books, Place Excess Fund, And Borrow needed
funds).
• Prepare cash positions on a daily basis for Company and Company Profit
Center bank accounts
• FX (Taking speculation positions in the FX currency market and Commodities
(Gold & Silver).
• Quoting (Quoting Prices for customers and managing the positions).
• CD'S (Pricing the CD'S that the bank issues and control their value dates).
• JODIBOR (Pricing the local lending Tenor).
• Establishes and maintains good working relations with key external parties
relevant to Group Treasury.