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Othman Al Hadi, Financial Director

Othman Al Hadi

Financial Director·Sharqia Development Authority

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 12 years, 8 months

Financial Director

September 2019 - Present

Sharqia Development Authority

Dammam, Saudi Arabia

September 2019 - Present

Company industry:
Public Administration
Job role:
Accounting and Auditing

Head Of Finance

July 2019 - September 2019

Petroleum & Energy Logistics and Services Co. (PETROGISTIX)

Khobar, Saudi Arabia

July 2019 - September 2019

Company industry:
Oil & Gas
Job role:
Accounting and Auditing

General Ledger Section Head

October 2018 - June 2019

GAZT- General Authority of Zakat & Tax

Riyadh, Saudi Arabia

October 2018 - June 2019

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.
Company industry:
Public Administration
Job role:
Accounting and Auditing

Acting Finance Manager

May 2017 - September 2018

Raya Financing

Dammam, Saudi Arabia

I found this job using Bayt.com

May 2017 - September 2018

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
Company industry:
Financial Services
Job role:
Accounting and Auditing

Finance Supervisor

September 2016 - April 2017

Raya Financing

Dammam, Saudi Arabia

September 2016 - April 2017

Responsibilities:
-Supervision of all accounting transcations and reports
-Bank Relations
-Suppliers Relations
-External Auditor Requirements
Company industry:
Financial Services
Job role:
Accounting and Auditing

Accountant

August 2015 - August 2016

Raya Financing

Dammam, Saudi Arabia

August 2015 - August 2016

-Operations Accounting: Payables, receivables, fixed assets, general ledger, bank reconciliations & payment.
Company industry:
Automotive Dealership & Distributor
Job role:
Accounting and Auditing

Fixed Asset Accountant

September 2014 - August 2015

ARGAS

Khobar, Saudi Arabia

September 2014 - August 2015

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
Company industry:
Oil & Gas
Job role:
Accounting and Auditing

Audit Assistant (Coop Training)

January 2013 - August 2013

Deloitte

Khobar, Saudi Arabia

January 2013 - August 2013

-Participated as a team member in the Annual Audit of several clients
Company industry:
Accounting
Job role:
Accounting and Auditing

Accountant (Summer Training)

October 2012 - December 2012

King Fahd University of Petroleum and Minerals (KFUPM)

Eastern Province, Saudi Arabia

October 2012 - December 2012

Prepared, revised and entered payment requests into Oracle.
Company industry:
Primary, Prep, & Secondary School
Job role:
Accounting and Auditing

Education

King Fahd University of Petroleum and Minerals (KFUPM)

January 2014

January 2014

Bachelor's degree, Accounting

Saudi Arabia

GPA (point): 2.72 out of 4

GPA (point): 2.72 out of 4

Majored in accounting & did my co-op training at deloitte.

Skills

Microsoft Office
Expert
Microsoft Office
Expert
SAP
Intermediate
SAP
Intermediate
Oracle
Expert
Oracle
Expert
Microsoft Excel
Expert
Microsoft Excel
Expert
Microsoft Office
Expert
Microsoft Office
Expert

Languages

Arabic

Expert

English

Expert

Hobbies and interests

Watching football
Reading