Othman Zoonoorine Alghali Alghali, Financial Advisor

Othman Zoonoorine Alghali Alghali

Financial Advisor

Sahara Petrochemical Company

Location
Saudi Arabia - Jubail
Education
Diploma, Bachelor of Commerce Degree - Major Accounting
Experience
34 years, 0 Months

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Work Experience

Total years of experience :34 years, 0 Months

Financial Advisor at Sahara Petrochemical Company
  • Saudi Arabia - Eastern Province
  • My current job since July 2007

•Reporting to Corporate General Manager Finance
•Advised on several of accounting/finance, administration and other business matters to senior management as well provide some guidance to Finance managers of subsidiaries.
•Participate in senior management meetings and closely work with the CEO, GM-Finance as well as head of subsidiaries on high level legal, contractual and other business matters.
•Involved in the strategic planning and oversaw the annual budgets preparation and coordinate the periodic review of actual performance against budget
•Responsible for affiliates matters; coordinate and analyse affiliates financial and management reports as well as board packages
•Play a lead role in the computation and update of product standard cost estimate in SAP for propylene and polypropylene and in analyzing variances
•Responsible for drafting and updating the group accounting policies and major procedures
•Deliver periodic presentation/training to middle management personnel in order to improve awareness/knowledge, strengthen control
•Review draft of loan plus other major contractual agreement and advice on implication of restrictive and implicit covenants.

Finance Manager at Arabian Alkali Company(SODA)
  • Saudi Arabia - Eastern Province
  • May 1997 to September 2001

Investment Management, Cash Management and Cash Flow projections, Preparation Progress Report for SIDF.

Management: Advisory Role includes Investment Appraisals, Products Costing, Cost-Volume-Profit analysis (Breakeven and Differential Cost) and Special Analysis.

Administrator for the Local Area Network (LAN): Control of electronic access privilege to Centralized data and Program.

Accomplishment Implemented computerized Accounting System (MCBA), which covers the design of Chart of Accounts, layout of Reports, Staff training and documentation of operating procedure.

Special Assignment Setting up of a similar computerized Accounting System for JANA (a major affiliate of SODA) including training.

Finance Manager at Jeddah Foam Laminates Factory
  • Saudi Arabia - Jeddah
  • November 1994 to May 1997

Cash & Credit Management; Supervision (Financial Reporting, Budget Preparation and Controlling Process)
Management Advisory Role - include Capital Budgeting, Breakeven and Differential Cost analysis.
Conducting interviews and testing the computer skills applicants for the Company as well as its Sister Concerns.

Accomplishment: Setting up a documented Financial Authority delegation schedule. Documentation and implementation of Internal Control procedure for various accounting cycles: preparation of documented Job descriptions for all employees in Accounts Department.

Other Assignment -Product costing & variance Analysis & reporting.
-Implementation of Budget Control System (BCS)

chief Accountant/management Accountant at various Companys
  • Saudi Arabia - Jeddah
  • July 1984 to September 1994

International Bakhsh Corporation (July 83 to May 89)
Position Chief Accountant (Head of Finance Dept).

Safra Company - Jeddah (1989/90 - 13 months)
Position : Audit Accountant (Cost Controller)

Al Afandi Est. - Jeddah (May 91 to Feb. 92)
Position : Finance Manager (Central Marketing Div.)

SAGE - Jeddah (Subsidiary of DMI - Geneva) (Feb 92 to January 94)
Position Acting Financial Manager

(1979 - 1981) Temporary student Job Documation GMBH/Alfa Romeo - Frankfurt, Germany
Position : Stores Record Assistant
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Education

Diploma, Bachelor of Commerce Degree - Major Accounting
  • at AICPA
  • June 1981

Specialties & Skills

Costing
Preparation
Marketing
Projections
Process Management
MS Excel
MS Word
Mini Computer Business Application (MCBA)

Languages

English
Expert
Arabic
Beginner
German
Beginner