Financial Consultant – Saudi Electricity Company (SECO), Riyadh, KSA: Jul 2009 onwards
Saudi Electricity Company (SECO)الشركة السعودية للكهرباء ابراج غرناطة
Total years of experience :33 years, 1 Months
Key Deliverables:
Reporting to the CFO.
Managing diversified activities via usage of the ERP System, namely SAP.
Providing the Business Managers with a Financial Insight into the Business Performances, while Explaining the Variances and Providing Support for the Budgets.
Offering Analytical Support for a variety of Ad-hoc Projects, requiring the Comprehension of a Wide Variety of Commercial Issues and Provision of a Sound Financial Analysis.
Imparting a Support Service via Coordination with the Management Team to assist in making Financial Decisions.
Elucidating the Business Strategies into effective Financial Plans via Partnership with various Departments,
Key Deliverables:
Piloted the organization’s Financial Planning & Accounting Practices, and their Relationship with Lending Institutions and the Financial Community.
Generated various Reports & Materials for Analysis & Presentations, while undertaking Responsibility for Overall Coordination, Management, and Delivery of Business Plans.
Drafted, monitored, and assessed the Financial Aspects of the Business and Development Plans.
Assessed various Options for streamlining Activities, Procedures, and Systems to promote Internal Control Policies and Practices, while coordinating/developing the Funding base with Treasury Manager to secure Present/Future Services.
Sustained adequate Periodic Financial Control over the Businesses with the Agreed Budget Heads of Top Management.
Monitored the accurate sustenance/administration of Finances, encompassing Credit Control issues.
Imparted advice on the Proper Allocation of Resources, while ensuring apposite Financial Regulations & Controls in place and in use at all times.
Generated and reviewed Detailed Budgets and ensured Approval by the Top Management.
Developed Reports for the Top Management to measure the Operating and Financial Performances, while ensuring the fulfillment of Financial Reporting Obligations.
Monitored the Delegation of Responsibilities as appropriate, to ensure adequate management of each Service Location.
Supervised the adherence to Policies & Procedures, while assisting other Chief Accountants and promoting a jovial and coordinating Team Environment within the Department.
Applied robust Analytical Capabilities backed by Openness to New Ideas and Ways of Thinking.
Defend fact-based Points of View and Debated & Challenged other Team Members with a Professional Outlook.
Managed the Review of various Monthly and Annual Forecasts.
- Finalized F. S. Balance sheet & Income statement, cash flow, Budget
- PC, IM and c interface.
- F. Assets depreciation runs.
- Petty cash, checks and telex. Transactions verify.
- Debit credit notes to other regions and divisions.
- Accruals, provisions and prepayments
- Local suppliers invoice booking.
- Preliminary general ledger prints out for over review.
- Data entry and posting of adjustments transactions if any.
- Adjustment entries.
- Medical & vehicles insurance claims.
- Bank, vendors, inters regions division accounts conciliation
- Oriental Weavers Co. - Cairo -10 Ramadan
Calculation of direct materials used on products cost centers
- Physical stock tacking for all raw and packing materials finished goods
- Calculation of work in process inventory
- Calculation of direct manufacturing labor cost & over head. Factory
- Sales, marketing and administrative, general, over head. And COGS
- Calculation of cost of new products.
IFRS
CMA
Memberships Of Saudi Orgnzation Certifed Puplic Accounts ( SOCPA 2006 )
GPA : Very Good