Chief Financial Officer CFO
MBRS Group LLC
Total years of experience :21 years, 0 Months
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CURRICULUM VITA
NEZAR JASER MADRA
II
Job Description
Direct and coordinate company financial planning and budget management functions.
Compliance with set regulations.
Monitor and analyze monthly operating results against budget.
Oversee daily operations of the finance department.
Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
Prepare financial analysis for contract negotiations, location rentals, and product investment decisions.
Ensure compliance with the mandatory legal budgetary, accounting, and tax reporting requirements.
Work with department staff to develop both short term and long term business plans for the company.
Direct financial audits and provide recommendations for procedural improvements.
Provide financial statement reporting and analysis, cash flow analysis, budgeting, and forecasting.
Track the company's financial status and performance to identify areas for potential improvement.
Seek out methods for minimizing financial risk to the company.
Manage account payable, receivable, budgeting, planning financial reporting, general ledger, and fixed assets.
Direct month-end closings, financial reporting, and coordination of audits with external auditors.
The anticipation of company funding requirements and coordinating with external lenders i.e. Banks,
Investment Lenders to source investment funding and meet capital expenditure objectives.
Auditing, taxation, and accounting policies:
Adherence to the company and department policies, processes, and procedures.
Policies, Processes, and Procedures:
Apply approved functional policies, processes, and procedures and monitors adherence so that work is carried
out in a controlled manner.
Planning and Development
Establish and implement short and long-term departmental goals, objectives, policies, and operating
procedures.
Provide an independent, objective assurance and consulting to management, with the principal aims of
evaluating and improving the effectiveness of risk management, control, and governance processes.
Recommend benchmarks for measuring the financial and operating performance of divisions and departments
in the company.
Timely achievement of targets with defined quality standards.
Leadership
Motivate teams to produce quality materials within tight time frames and simultaneously manage several
projects.
Supervise the activities and work of subordinates by providing formal and informal feedback to ensure that
all work within a specific reporting area is carried out in an efficient manner and in accordance with set
individual and departmental targets.
Compliance
Ensure company accounting procedures conform to Saudi Accounting Principles
(SOCPA, IFRS, and other Accounting and Financial Standards).
Assist in the development, management, and growth of the core business functions.
Perform other related duties or assignments as directed.
CURRICULUM VITA
NEZAR JASER MADRA
III
➢ Mohammad Ali Saad Eddin and partners co. ( in Saudi Arabia )
Manufacturing and selling sweets and pastries in KSA and Kuwait and Bahrain
Processes accounting transactions for the parent companies.
• Performs various accounting tasks, including cooperation with subsidiaries in AR/AP reconciliation and
following up the subsidiary's accounting departments.
• Monitoring the accounting transactions at subsidiaries level
• Guiding other accountants when needed.
• Monitoring expenditures, analyzing revenues and determining budget variances, and reporting the same to
management.
• Ensures that the company’s policies and procedures are in place.
• Proactively performs preventive quality controls and initiates corrective actions when necessary
• Perform a full set of accounts and ensure timely closing of accounts.
• Produces accounting reports and monthly/quarterly/yearly statistics
• Processes and controls invoices, bank statements, and salaries.
• Cooperates with tax authorities in case of tax reviews
• Cooperates with Auditors
Job Description
❑ Responsible for day to day accounting work, supervision of maintenance of books of accounts, bank
reconciliations sales tax returns, accounts receivables, accounts payables, cash flows, finalization of
annual accounts and liaison with auditors.Bank Transfer, Loan and Note Receivable,
❑ Contracting Accounting and make comparison analyses for The Projects.
❑ Letter of Credit (L/C), Foreign and Domestic,
❑ Letters of guarantee
❑ Follow-up of due Banknotes and loans
❑ Inventory Rec & COGS analysis & Other comparison & Cost analyses
❑ Prepare Cash Flow and Financial Position Report.
Ability to prepare the journal entries, recording in the accounting books.
Prepare bank Reconciliation.
Make review for accounts & statement dependence on audit standards.
B.Sc. of Economies & Administrative Science Major Accounting