Nasser Al Ghamdi, Executive Director of Finance Control

Nasser Al Ghamdi

Executive Director of Finance Control

Social Development Bank

Location
Saudi Arabia
Education
Bachelor's degree, Accounting
Experience
23 years, 1 Months

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Work Experience

Total years of experience :23 years, 1 Months

Executive Director of Finance Control at Social Development Bank
  • Saudi Arabia - Riyadh
  • My current job since January 2023

• Control and optimize processes and procedures to achieve financial objectives
• Exercise control over budgeted expenses for financial management, decision-making, & risk mitigation
• Collaborate with Senior Management & Board on various committees providing solid financial insight
• Optimize all processes and maintain control of budgeted expenses for efficiency & cost-effectiveness
• Identify training opportunities for the team within their areas of development
• Establish relationships with stakeholders, including auditors, regulatory bodies, & financial institutions

Senior Manager at The Saudi British Bank - SABB
  • Saudi Arabia - Riyadh
  • July 2018 to December 2022

• Led, oversaw, and conducted the various financial functions of the operation
• Developed cost-reduction strategies to guarantee the organization's financial health & profitability
• Cooperated closely with the COO to align financial and operational strategies
• Collaborated with the Risk Management team to gain insight into risk factors
• Positively impacted the company’s financial performance by interacting with various departments
• Streamlined processes and procedures by identifying areas for improvement
• Led and monitored a team of 14 by improving their output, leading to enhanced performance
• Identified the training needs to positively develop team members into a high-performing unit
• Leveraged OPI initiatives to deliver sustainable savings or cost avoidances through streamlining
• Established & amended SLAs, delegations, and internal policies and procedures
• Communicated effectively to staff on SLAs, policies, and procedures to create awareness of processes
• Collaborated with Internal Audit, Risk, Compliance and Operational Risk departments

Senior Finance Officer at الشركة الاسترالية لعلوم الطيران
  • Saudi Arabia - Riyadh
  • January 2016 to June 2018

Lead and manage finance officers
Ensure compliance of finance transactions with company’s policies
Review all Payroll transactions
Analyse and report monthly budget to respective managers
Report Month-end, quarter-end and year-End closing to management
Reconcile Balance sheet and analyse expenditure variances
Assist in producing monthly cash flow forecast reports
Improve company’s financial processes and policies
Participate in financial audits
Undertake other duties as required

Multiple roles and responsibilities at مستشفى الملك فيصل التخصصي ومركز الابحاث
  • Saudi Arabia - Riyadh
  • April 2001 to January 2016

Multiple roles all around Finance and investment departments.

Education

Bachelor's degree, Accounting
  • at Douglas College
  • August 2014

Bachelor of Business Administration - Accountancy

Specialties & Skills

Simply Accounting
Oracle Financials
Financial Analysis
Accounting
ACCOUNTS RECEIVABLE
BUDGETING
CASH FLOW
CLOSING
CUSTOMER RELATIONS
EQUILIBRIO
FINANCE
FINANCIAL
PAYROLL PROCESSING
POLICY ANALYSIS

Languages

English
Expert