Associate Financial Consultant
Aldukheil Financial Group
Total years of experience :14 years, 7 Months
The Aldukheil Financial Group is the oldest and one of the largest Financial Advisory and Investment Banking Firm in the Kingdom of Saudi Arabia. Established in 1979 by Dr. Abdulaziz M. Aldukheil, AFG has executed over 800 projects in various sectors for over 300 public and private organizations, both in Saudi Arabia and abroad. AFG (and previously CCFI) has executed more than SR 8 Billion of, private and public, equity capital raising transactions in the Kingdom. As Financial Analyst- Transaction and Corporate Advisory, my primary responsibilities are:
Private Equity (merger and Acquisitions)
• Advised clients on private equity transactions, develop valuation models (DCF, Market & Asset based Approach) and conducted preliminary financial feasibility studies & detailed due diligence.
• Developed & maintained financial models (In MS Excel), conducted Stress tests and scenario analysis of target companies for equity valuation and due diligence for acquisition.
• Negotiated on behalf of clients as Lead Private Equity Analyst for the acquisition of companies in different sectors.
• Assisted clients from different sectors in buyout transactions, either Management buyout (MBO) or Leverage buyout (LBO).
• Supported and managed various stakeholders in the deal / acquisition including bank, legal advisors and financial due diligence advisors.
Private Placement
• Assisted clients in raising finance from banks and private investors for the purpose of financing existing operations as well as for starting new projects.
• Developed private placement memorandum and other materials for clients.
Equity Capital Market transactions
• Assisted clients in Planning and Executing Initial Public Offerings (IPO) and Rights issue (RI).
• Supported and managed various stakeholders in the IPO or Right Issue transaction including bank, legal advisors and financial due diligence advisors.
Debt Advisory
• Assisted clients in identifying the optimal capital structure and advise on suitable sources for finance.
• Assisted clients in debt restructuring, consolidations and debt realignment to reduce cost.
Financial Advisory and business development activities
• Conducted financial feasibility study on new projects to assess its commercial viability.
• Assisted clients from different sector in development of business plan.
• Develop proposal and marketing materials for business development purposes.
Some of selected Transactions are the following:
• Team member in an Initial Public Offer (IPO) transaction for a company in the Education Sector.
• Team member in a rights issue (RI) transaction for a company in the agriculture industry.
• Team member in a merger and acquisition (M&A) transaction for a company in the Mining Sector.
• Team member in a merger and acquisition (M&A) transaction for a company in the Higher Education Sector.
• Team member in a merger and acquisition (M&A) transaction for a company in the Retail Sector.
• Team member in private placement transactions for companies in different sectors including retail sector, sugar refining, real estate development, Food sector.
• Team leader in valuation for IFRS Adoptions of companies in electrical appliances and Tourism sector.
• Team leader in conducting the financial feasibility studies for projects in food sector.
• Team leader in a private placement transaction of company in food sector.
• Team member in a diagnostic study for appropriate funding sources for a company in industrial sector.
Medical Transcription Billing, Corp. (MTBC) is headquartered in NJ USA, registered on NASDAQ and is one of the leading healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers in more than 48 states of United States of America. As Financial analyst, my primary responsibilities were:
• Financial planning including financial modeling, budgeting & forecasting including cash flows budgeting and variance analysis and corrective action identified, to be taken as a result thereof;
• Prepared Information Memorandum for Investment Bankers, to secure finance for new project of the Company;
• Development of financial projections including forecasted financial statements and Cash flows forecasts;
• Participated in the development of complex models that support the financial modeling related to potential Mergers and acquisition activity;
• Lead the conducting of financial feasibility studies for new projects;
• Developed and presented various presentation to higher management of the Company to assist them in the investment decisions;
• Perform business analysis, using various financial and non-financial KPIs;
• Modernization of existing financial / production reporting suites to deliver timely and accurate dashboards of financial and other network related KPI information;
• Supervise the execution of internal and external audits for efficient and effective completion of audits and to ensure that all the required support has been provided by finance team;
As Assurance & Business Advisory trainee I was involved in Advisory engagements for clients from various industries. My responsibilities included the following spread across a portfolio of assurance clients;
• Financial Analysis including ratio analysis, horizontal and vertical analysis of financial statements and identify the significant business and financial risks faced by the client and share valuation;
• Evaluate various potential financial and business strategies available and recommend the most appropriate strategy to the client;
• Engage the client, have open communication with them, assess and understand their requirements and ensure that services provided exceed their expectations;
• Prepare draft information memorandum required for the purpose of presenting it to client or investment bank in order to secure funding;
My roles and responsibilities as accountant were
• Prepare budgets and investigate variances
• Preparing monthly reports showing the percentage of work completed and percentage of budgeted cost incurred.
• Maintain asset register
• Forecasting the expected cash needs daily, monthly and quarterly
• Prepare plans for capital expenditure
The Chartered Financial Analyst® (CFA) credential has become the most respected and recognized investment designation in the world. The curriculum for the CFA program is based on a Candidate Body of Knowledge established by the CFA Institute. The curriculum comprises the topic areas below. There are three exams ("levels") that test the academic portion of the CFA program. All three levels emphasize the subject of ethics. The material differences among the exams are: *The Level I study program emphasizes tools and inputs, and includes an introduction to asset valuation, financial reporting and analysis, and portfolio management techniques. *The Level II study program emphasizes asset valuation, and includes applications of the tools and inputs (including economics, financial reporting and analysis, and quantitative methods) in asset valuation. *The Level III study program emphasizes portfolio management, and includes descriptions of strategies for applying the tools, inputs, and asset valuation models in managing equity, fixed income, and derivative investments for individuals and institutions.
The Association of Chartered Certified Accountants (ACCA) is the global body for professional accountants. Chartered Certified Accountant is the professional body's main qualification. Following completion of up to 14 professional examinations, three years of supervised, relevant accountancy experience and a professional ethics module, it enables an individual to become a Chartered Certified Accountant.
