general finance manager
mtm
Total years of experience :20 years, 11 Months
• Supervising on Implementing Oracle Financial system
• Implementing automated audit system to generate cost savings
• Applied Six Sigma methodology to evaluate and make informed process improvement recommendations
• Trained and mentored staff to perform best audit practices and improve quality standards
• Prepared audit reports, providing clear description of findings and issues identified and recommending appropriate solutions
• Establish new financial procedures to be applicable with new financial program
• Establishing and following up new financial procedures for related parties companies applicable with new TAX and VAT Laws
• Streamlined workflows by identifying bottlenecks in existing systems and proactively addressing these challenges through appropriate solutions implementation.
• Ensured compliance with industry regulations and legal requirements by implementing comprehensive policies and training programs for staff members.
• Managing Financial department
• Establishing and following up on implementation of accurate financial procedures.
• Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
• Delivered timely internal reports to various stakeholders detailing key aspects of companys financial health, ensuring transparency and clear communication.
• Increased financial efficiency by streamlining budget processes and implementing cost-saving measures.
• Optimized cash flow management strategies, ensuring sufficient funds were available for daily operations while maximizing returns on idle cash balances.
• Complied with all relevant regulations by maintaining detailed records of financial transactions, minimizing risk of penalties or fines from regulatory authorities.
• Provided strategic financial guidance during mergers and acquisitions, contributing to successful integration efforts and long-term value creation.
• Cultivated relationships with banking institutions, securing favorable loan terms that supported business expansion initiatives.
• Implemented new accounting software to automate manual tasks, significantly reducing errors and processing time.
• Developed and maintained financial models for forecasting, enabling more accurate predictions of future revenue and expenses.
• Managed team of financial analysts, resulting in increased productivity and better performance metrics.
• Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision making capabilities.
• Collaborated with tax professionals to ensure accurate and timely filing of all required documents, minimizing risk of costly penalties or audits.
• Implemented comprehensive employee training program for financial software, increasing staff efficiency and reducing need for external support.
A- Accounting manager of international & Mega projects:
• King Abdullah palace - Morocco
• Dakar international airport - Senegal
• Ream towers Abu Dhabi - UAE
• King Abdulaziz international airport
• Jamarat bridges - Mena
• Development of king Abdulaziz endowment
• Massaa extension 1 & 2 & 3
• MOI prisons Phases 1 & 2
• King Abdullah private Villa - Riyadh
• Pilgrims Hall Phase 1
• Issuance projects financial reports (cash flow & cost & budget comparing & deviation analysis)
• Coordinated efforts between accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
• Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
• Monitored budget allocation and expenditures to enforce compliance with company policies.
B- Issuance financial Reports(Projects & Accounting) and auditing process:
• Issuance timely General Financial reports (annually/ periodically / Monthly)
• Responsible for SBG related parties - 175 company - local & foreign across the world for accounts reconciliations, adjustments and consolidated reports
• Streamlined month-end closing procedures resulting in reduced processing time without compromising accuracy or completeness of reports generated.
• Reviewed analyzed, and improved overall effectiveness of existing internal controls over financial reporting.
• Managed successful audits by collaborating effectively with internal and external auditors.
• Created and maintained financial databases for data entry, tracking and reporting.
• Developed and implemented various procedures to improve accounting process.
Participate in issuance balance sheets
• Participate in Auditing several of large companies
• Preparing the documents of social insurance, tax authority and commercial registrations
• Carrying out the procedures of loans and bank facilities
• Prepared VAT and income tax forms for commercial and individual clients.