Financial Director
Sharqia Development Authority
Total years of experience :10 years, 7 Months
Responsibilities:
-Financial Reporting
-General Ledger
-Fixed Assets
-External Audit Focal Point
Accomplishments:
-Issuing 2017 & 2018 audited financial statement (first in GAZT history)
-Team member in the Financial Transformation Project from Cash Basis to Accrual Basis (IPSAS standards)
-SAP Implementation Team Member (tested and approved GL and FA modules)
-Worked with EY team to develop, review and approve the Finance department policies, procedures and authority matrix.
Head of finance & accounting.
Responsibilities:
-Controller of all accounting & finance department activities
-Regulatory reporting to Saudi Arabian Monetary Authority (SAMA)
-Financial Reporting to CEO, Board of Directors and Audit Committee
-Monthly KPI Reporting
-Payroll Approval
-Loans and collaterals management
-Consolidation Reporting to Almajdouie Holding
Accomplishments:
-IFRS Conversion
-Implementation of IFRS 9 (Project Manager)
-Implementation of VAT (Project Manager)
-Awarded Employee of the year at Almajdouie Group (2017)
-Signed off four audited financial statements
-Prepared the Budget for 2018
Responsibilities:
-Supervision of all accounting transcations and reports
-Bank Relations
-Suppliers Relations
-External Auditor Requirements
-Operations Accounting: Payables, receivables, fixed assets, general ledger, bank reconciliations & payment.
Developed deep expereince of all matters related to Fixed Assets accounting and controlling. In addition to that, became familiar with SAP.
Responsibilities:
-Trained and supervised a team of two fixed assets accountants
-Reviewed Purchase Requests against CAPEX
-Tagging
-Capitalization and Depreciation
-Disposals & Auctions
-Physical Count
Accomplishments:
-Processed more than 500 million SAR worth of fixed assets
-Did a 100% physcial count on all company locations
-Passed a suggestion to the board of directors to extend the useful-life of some equipments and change the depreciation method from Straight-Line line to Units of Production method
-Participated as a team member in the Annual Audit of several clients
Prepared, revised and entered payment requests into Oracle.
Majored in accounting & did my co-op training at deloitte.