ناصر الاحمري

• Supervising transformation project from cash basis to accrual basis on a weekly basis.
• Lead and direct the finance team with overall control of the accounting and finance function of the ministry.
• Provide leadership to the team of members in Riyadh and 2 direct report department managers.
• increase efficiency by introducing SLAs and establishing the concept of KPI measurement to enhance the workflow for both external and internal stakeholders.
• Develop financial model and reflect the reports in Microsoft Power Bi for management reporting indicators.
• Oversee the ministry financial performance report including financial statements, budget variance reports and financial performance reports for executive management to monitor ministry’s financial status.
• Consistently ensure compliance with regulatory requirements in terms of financial activities and reporting.
• Close Coordination with MOF (Ministry of Finance), GAB (General Auditing Bureau) and other governmental entities such as Public Pension and GOSI.
• Systems used : (Oracle, HFM, & Etimad Portal )

• Support all transformation from government cash basis to accrual basis.
• Lead and direct the finance team with overall control of the accounting and finance function of the Authority to optimize the authority’s financial performance and strategic position.
• Provide leadership to the team of approximately 38 members in Riyadh and 3 direct report managers.
• Lead and manage the development and unification of finance departments’ and accounting policies & procedures in accordance with both IPSAS & IFRS.
• increase efficiency by introducing SLAs and establishing the concept of KPI measurement to enhance the workflow for both external and internal stakeholders.
• Close and constant alignment with ERP (Oracle - including Hyperion for budgeting) implementation process to ensure testing is meeting the financial requirement for outputs.
• Oversee the authority’s financial performance report including financial statements, budget variance reports and financial performance reports for executive management to monitor company’s financial status.
• Consistently ensure compliance with regulatory requirements in terms of financial activities and reporting.

• Lead and direct the finance team with overall control of the accounting and finance function of the company to optimize the company’s financial performance and strategic position.
• Provide leadership to the team of approximately 40 members in Riyadh and control over 48 finance departments in ports all over the Kingdom.
• Responsible for all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as development of internal control policies and procedures.
• Collate and analyze financial data to prioritize financial planning and budgeting among SC departments.
• Lead and manage the development and unification of finance departments’ and accounting policies & procedures in accordance with both IPSAS & IFRS.
• Represent the finance division in Automation committees to integrate finance and other departments in SC.
• Support all transformation from government cash basis to accrual basis in coordination with EY advisory in accrual transformation and BCG in zero-based budgeting implementation.
• Spearhead efforts to enhance the workflow within departments to increase efficiency by introducing SLAs and KPIs.
• Monitor the daily performance of the accounting department, schedule jobs and delegate responsibilities to accounting department employees; monitor the progress of financial and accounting objectives.
• Liaise with banks to integrate and provide financial solutions and tools to facilitate trades and customs overall.
• Oversee the company’s internal & external financial reporting including financial statements, budget variance reports and financial performance reports for executive management to monitor company’s financial status.
• Consistently ensure compliance with regulatory requirements in terms of financial activities and reporting.

• Directed and managed company’s financial operations and accounting tasks to achieve financial objectives and improve profitability, cash flow and support business growth.
• Managed and controlled daily accounting operations including month-/year-end activities, AR/AP, general ledger, cash forecasting, budgeting, revenue and expenditure variance analysis, fixed asset and debt activity.
• Developed and implemented financial and accounting policies and procedures in accordance with IPSAS and IFRS; developed financial management mechanisms that minimize financial risk of the organization.
• Rendered strategic support for all transformations from government cash basis to accrual basis along with EY advisory, Control Owner, internal & external audit support.
• Member of dynamic change committee in the transformation process; supported shared services automation process.
• Analyzed costs, pricing, variable contributions, sales results and the entity’s actual performance compared to the business plans, and accordingly prepared financial reports for executive management and board members.
• Prepared annual budget, financial forecasts and followed up with department head for variance analysis to determine projected vs. actual; noted variance and implemented corrective actions during the next budget cycle.
• Prepared timely and detailed reports on company’s financial performance on a quarterly/annual basis including income statements, balance sheets, revenue/expense statements and analysis of future earnings or expenses.
• Ensured that critical financial analyses are performed to determine present and forecasted financial health of the company; present potential scenarios and outcomes to the executive management team.

• Managed all finance & accounting operations of the company while leading a team of 28 members across KSA & UK.
• Led all finance managers for Operations, Treasury and Payroll; ensured that the financial policies and procedures are operating effectively to safeguard the company assets.
• Led and supported all audit activities including self-assessments, peer review, internal & and external audits, preparation of audit reports and implementation of audit findings.
• Delivered and maintained various SLAs to meet the agreed standards.

• Provided leadership to the team to optimize operational activities, developed and implemented operational policies and procedures, and ensured complete adherence with set policies.
• Managed, coordinated and monitored daily accounts payable operations for BAE systems and 5 affiliates with cash on banks via treasury team both in KSA & UK.
• Reviewed and approved major/unusual transactions, reports or claims for proper investigation in case of violations.
• Member of dynamic change committee in the transformation process in the company; supported the appropriate change management for and on behalf of the business.

• Prepared technical project roadmap and worked with IT teams to implement long-term solutions to optimize the productivity and add values of the global Finance Operations team.
• Instrumental in the implementation of new software solutions development such as Concur.
• Managed and ensured professional development of the team through appropriate training in technical accounting,
• Managed the company’s GOSI adjustments project and reviewed reconciliations with GOSI
• Part of BAE GOSI committee to negotiate solutions with GOSI officials and governor

• Managed overall finance and accounting operations of the program (NICDP), organized the department to meet its goals, and focused on increasing efficiency of the department.
• Developed and implemented budget, and supported the executive management team by offering insights and financial advice assisting them to make the best business decisions.
• Reviewed financial statements on monthly basis in both, cash basis and accrual basis, prepared financial reports and interpreted financial information to managerial staff while recommending further courses of action.
• Applied financial ratios analysis to provide clear report of the program financial needs in accordance with budget.
• Maintained the books, cash projection of program (month-wise) and highlighted any budget overrun to the senior management in order to avoid any cash deficit.
• Coordinated with external auditors (on annual basis), provided them with required accounting and financial information, and ensured successful completion of audits.
• Presenting financial reports to board members on quarterly basis and review with Audit committee.

cash flow statements, and retained earnings statements on a monthly basis.
• Provide financial analysis and ratios, and monthly reporting to management.
• Prepare Service Entry Sheet (SES) for services received at SK Finance Department and manage GR/IR report and make all necessary follow ups with end-users, customers or vendors for proper treatment of Goods/Services.
• Maintain general ledger of SaudiKayan’s posting transactions, manual entries during the month, and month end closing after appropriate approvals requirements
• Reconcile and maintain books with Tax-VAT records and communicate with authorities for any adjustments needed to reflect in the company’s book.
• Calculate matching and managing depreciation and amortizations of tangible and intangible assets of the company.
• Prepare sales, cost of goods sold values, and production quantity on monthly bases to CEO.
• Maintaining accruals and reconciling meter readings for pipeline accruals with actual bills on a monthly basis, especially fuel/gas and Marafiq, (fresh Water, sea Water and electricity).
• Point of contact for internal audit for ISO certification of SaudiKayan
• Point of contact for external auditors for all quarterly review statements, annual audit statements, and facilitate reports and supporting documents they need to accomplish audit.
• Prepare Net realizable value test for stocks on quarterly bases for any possible provisional adjustments if needed.
• Point of contact for Finance department in reliability program SRRP in SK in 2011 & 2012.
• Prepare status of accounts on monthly basis and keep track of all reconciliations for accounts
• Ensure the proper treatments of each account in financials such as Bank reconciliations, HR accounts reconciliations (EOSB, GOSI, Housing, Saving plans, furniture allowances).
• Analysed production reports, investigated royalties’ contracts, prepared monthly performance reports to plant managers & their GM respectively.
• Provided monthly review of updated cost allocation rates sheet and highlight any budgets over run during the period.
• Coordinated with plants operators, planners and finance departments during month end closing activities, ensuring tracking of costing cycle process during Month End Closing.
• Conducted analytical reviews of all possible risks in plants supervised. Plants I handled: Ethanolamine, Ethoxylates, Phenol, Cumene and Bisphenol A “BPA”.
• Maintained a focal point with strategic business unit - SBU - Riyadh.
• Conducted analysis of allocation rates used for depreciation, amortization, and utilities for each of my given plants.