Nazem Mostafa Sleihat, Head Of Internal Audit

Nazem Mostafa Sleihat

Head Of Internal Audit

Adawilah holding co.

Lieu
Arabie Saoudite - Riyad
Éducation
Baccalauréat, Accounting Information Sys
Expérience
15 years, 10 Mois

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Expériences professionnelles

Total des années d'expérience :15 years, 10 Mois

Head Of Internal Audit à Adawilah holding co.
  • Arabie Saoudite - Riyad
  • Je travaille ici depuis septembre 2021

Head of Internal Audit

Accounting Manager à aDawliah Holding
  • Arabie Saoudite - Province de l'Est
  • août 2020 à septembre 2021
Accounting Manager à A.Al-Fares company
  • Arabie Saoudite - Dammam
  • juillet 2019 à juillet 2020

Accounting Manager

• Evaluate Balance Sheet Accounts Using Financial Ratios
• Prepare financial statements (Income Statement, Statement of R.E, T.B & B.S)
• Responsible for day to day finance and accounts operations.
• VAT requirements & Monthly submittal file
• Perform full set of accounts and ensure timely closing of accounts( PAC check list).
• Handle full spectrum of financial and cost accounting role.
• Develop and maintain internal control and effective accounting system and policies for the setup.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting.
• Review & approve payment vouchers & journal entries.
• Perform project cost forecasts/budgets, cost tracking, monitoring, and controls.
• Review and approve the periodical general ledger journal of the entries posted in the system within the period and keep it on file. Run / review and approve the integrity reports between the ledgers and take actions for reconciliations
• Daily control on: All cashiers & cash control accounts in all branches, refund payments, bank accounts (banks reconciliation), approving the performing reconciliation (banks, suppliers, clients)
• Organize and conduct periodical surprise check on petty cash holders (boxes), store keepers,
• Review, follow up and communicate with sales / operations were applicable with respects to the dues from clients and periodically analyze and highlight comments to the management on the ageing reports in order to identify the next action to be taken whether to allocate doubtful provisions, legal actions where required
• Monitoring all cost centers, Profit Centers & ensuring correct allocations
• Reviewing all works (cash & bank transactions) and approving it
• Reviewing LC’s Invoices & Approve it
• Interviewing Accountants & Hiring them

Accounting Supervisor à Saudi Ready Mix Concert Company
  • Arabie Saoudite - Khobar
  • février 2016 à juin 2019

Supervise the works of subordinates and make sure all follow the policies procedures manuals in addition to compliments with international accounting standards and ethics.
•Attend the Credit Control Meeting with Top management & discussing about all customers
• Responsible for day to day finance and accounts operations.
• Handle full spectrum of financial and cost accounting role.
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring, and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting.
• Review & approve payment vouchers & journal entries.
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
• Issue project cost reports for review and approval.
• Develop and maintain internal control and effective accounting system and policies for the setup.
•Evaluate Balance Sheet Accounts Using Financial Ratios
•Prepare financial statements (Income Statement, Statement of Retained Earnings, trail balance & balance Sheet)
•Review and approve the periodical general ledger journal of the entries posted in the system within the period and keep it on file. Run / review and approve the integrity reports between the ledgers and take actions for reconciliations
•Daily control on: All cashiers & cash control accounts in all branches, refund payments, bank accounts (banks reconciliation), approving the performing reconciliation (banks, suppliers, clients)
•VAT requirements & Monthly submittal file
•Organize and conduct periodical surprise check on petty cash holders (boxes), store keepers, running assets holders to make sure about the compliance with the group policies and procedures and the
•Review, follow up and communicate with sales / operations were applicable with respects to the dues from clients and periodically analyze and highlight comments to the management on the ageing reports in order to identify the next action to be taken whether to allocate doubtful provisions, legal actions where required
•Monitoring all cost centers and ensuring correct cost allocation
•Reviewing all works (cash & bank transactions) and approving it
•Reviewing LC’s Invoices & Approve it

Senior Accountant à Universal Motors Agencies co
  • Arabie Saoudite - Riyad
  • juin 2012 à février 2016

Daily control on : All cashiers & cash control accounts in all branches, refund payments, bank accounts ( banks reconciliation ), approving the performing reconciliation ( banks, suppliers, clients)
•Managing the staff of accountants & reviewing all works done by them
•Monthly closing entries and financial reports (accruals, allocations, expenses ) & financial statements
•Assistance with chief accountant for monthly closing
•Preparing all required reports
•Assists in preparation of annual budget and quarterly forecasts for approval by management
•Coordinate with internal & external audit
•Prepare variances analysis from budgets
•Advice on improvement of financial management system, internal control system
•Follow up sales cars deals with all banks & make monthly claim with them
•Reviewing & reconciliation the accounts with sister company
•Reviewing all works (cash & bank transactions ) and approving it
•Annual inventory & checking on the fixed assets and the stored goods
•Develop and maintain financial accounting system for cash management, accounts payable, accounts receivable, credit control and petty cash
•Monitoring all cost centers and ensuring correct cost allocation
•Assures compliance with corporate policies, regulation and laws
•Support the company's mission, vision, values & goals in the performance of daily activities
•Reconcile various financial statements with GL and make adjustments as necessary

Accountant – Senior Accountant à Almajal Alarabi GroupDulb Trading & contracting LLC
  • Arabie Saoudite - Riyad
  • août 2008 à juin 2012

Preparing daily accounting records & during monthly, quarterly, yearly closing
•Reviewing all works (cash & bank transactions ) and approving it
•Control on petty cash
•Ensuring the smooth operations of the accounting processes: GL, AR, AP, Payroll, closing and reporting etc.
•Participating in the regular and annual inventory checking on the fixed assets and the stored goods
•Preparing all required reports
•Reviewing & reconciliation the accounts with sister company
•Coordinating with the internal & external Audit
•Responsible about suppliers & their payments
•Preparing & booking the monthly closing entries (Accruals, allocations, expenses, and prepayments for rentals )
•Maintain & prepare payroll for company employees
•Prepare payment vouchers & managing payments to suppliers
•Assistance and coordination with chief accountant for preparing of financial statements ( balance sheet, income statement, cash flow )
•Responsible of Letter of credit & letter of guarantee
•Responsible about subcontractors & their invoices
•Perform bank & cash reconciliation

Éducation

Baccalauréat, Accounting Information Sys
  • à Al- Balqa Applied University
  • janvier 2008

Etudes secondaires ou équivalent, Accounting Information Sys
  • à Al- Foqaha’a High School
  • juillet 2004

Specialties & Skills

Analytics
Teamwork
Compliance
Accounting
CASH FLOW
CLOSING
ACCOUNTANCY
BALANCE
FINANCIAL STATEMENTS
MICROSOFT WORKS
ACCOUNTING
ACCRUALS
BUDGETING

Langues

Anglais
Expert

Formation et Diplômes

CMA Part 1 (Formation)
Institut de formation:
New Way
Date de la formation:
March 2014
Durée:
180 heures

Loisirs

  • Reading Books