Faris Alghamdi

▪ Spearheaded the development and enforcement ofrobustcreditcontrol policies, ensuring strict adherence to compliance standards.▪ Crafted and refined customer and supplier creditassessmentcriteriatooptimizefinancial health and minimize risk exposure.▪ Strategically set customer credit limits through meticulous financial analysis, balancing revenue growth and risk saudi, Saudi ArabiaABOUT MEWith a robust background as aFinancial Controller for multiplebranches, I bring a wealth ofexperience in overseeing thecomplexities of financial operationsacross a multi-branch landscape. Myexpertise extends to leading variousfinancial departments with a proventrack record in the following areas: -Treasury Management: I am adept atmanaging cash flows and securingliquidity, ensuring the financialheartbeat of the organizationremains strong. - AccountingOversight: Under my supervision, accountants deliver precise financialstatements, reflecting mycommitment to accuracy andintegrity. - Collections Vigilance: Myproactive approach has consistentlyresulted in the minimization of baddebts through diligent receivablesfollow-up. - Credit Analysis: I possess akeen ability to assess credit risks andset customer credit limits, safeguarding the company's financialinterests. My key skills include: - TeamLeadership: I excel in steering andnurturing multidisciplinary teamstowards achieving collective goals-. Data Analysis: Utilizing tools like SAPand Power BI, I adeptly dissectfinancial and credit data to informstrategic decisions. - RiskManagement: I am experienced incrafting policies that mitigatefinancial and credit risks, protectingthe organization's assets. - EffectiveCommunication: My interactions withcustomers and senior managementare characterized by my ability toarticulate innovative financialsolutions clearly and persuasively. Inmy current role as Credit ControlManager, I am instrumental insculpting credit policies for theregion and ensuring they aremeticulously followed. My analyticalprowess is applied to evaluating thefinancial standing of customers forcredit limit determinations.Additionally, I am responsible for thepreparation of insightful periodicreports on financial and credit riskassessments. My collaborative spiritshines through as I work hand-in-handwith other departments, promotingan integrated financial operationalframeworNGUAGESArabicEnglish▪ Conducted thorough credit risk assessments, evaluatingcustomer financial stabilityand compiling comprehensive risk reports.▪ Diligently monitored credit accounts, ensuring timelycustomer payments andimplementing effective debt collection strategies tominimize baddebtratios.▪ Led and optimized the performance of the creditcontrol team, providingtrainingon cutting-edge policies and risk analysis tools.▪ Negotiated favorable payment and credit terms withcustomers, adeptly handlingpolicy-related complaints to maintain strong client relationships.▪ Fostered interdepartmental collaboration, aligningcreditpracticeswithsalesobjectives and coordinating with finance teams to streamline collections.▪ Delivered insightful financial reports, identifying trends andpotential risks, andproposed actionable strategies to enhance creditpolicyefficiency.▪ Leveraged technology to advance credit managementsystems, creatingacomprehensive customer credit history databaseforinformeddecision-making.▪ Proactively developed and implemented credit riskmitigationplans, reducingdependency on high-risk customers and forecastingfuture challenges.▪ Ensured full compliance with local and international creditregulations, workingclosely with auditors to uphold financial integrity andlegal standards.

▪ Spearhead financial performance management andanalysis across regionalbranches.▪ Compile and scrutinize financial data, delivering timelymonthly, quarterly, andannual reports.▪ Identify variances and strategize actionable insights forfinancial enhancement.▪ Oversee accounting operations, ensuring adherence toIFRSanddaily transactionaccuracy.▪ Conduct thorough ledger reviews, aligning bank andcorporate records.▪ Collaborate with leadership to formulate precise budgetsandmonitorfiscalexecution.▪ Analyze operational expenditures, proposing cost-efficiencyandsavings initiatives.▪ Champion financial compliance, auditing processes topreventdiscrepanciesandviolations.▪ Empower strategic decision-making through comprehensive financial reportingandanalysis.▪ Facilitate seamless communication and policy implementationbetweenbranchesand HQ.▪ Benchmark regional financial metrics, advising onprocess optimizationandresource distribution.▪ Lead, mentor, and develop regional accounting andfinance teams tomeetorganizational objectives.▪ Coordinate internal and external audits, ensuring preparedness andaddressingfindings.▪ Proficient in advanced financial software includingSAPS/4HANA, Sales Buzz, CognosXi Reports, and SAP Analytics Cloud.

SAVETO | JEDDAHJ AN 2 0 1 8 - AUG 2 0 1 91. Supervising the recording of daily financial transactions- Reviewing and recording daily transactions (revenues, expenses, purchases, andsales).- Ensuring the validity and accuracy of accountingentriesinallbranches.- Directing accountants in the branches to recordtransactions inline withthecompany's policies.2. Preparing periodic financial reports- Preparing monthly financial reports for each branchseparatelyandforallbranchesin a unified manner.- Submitting reports on financial performance to seniormanagementperiodically.- Analyzing financial results and clarifying gaps withspecifiedbudgets.3. Following up on bank and accounting reconciliations- Reviewing bank reconciliations on a monthly basis foreachbranch.- Ensuring that account balances match the financial records.- Addressing accounting discrepancies in coordinationwithaccountants.4. Controlling costs and expenses- Reviewing operating expenses for each branch toensure thatthe allocatedbudgetsare not exceeded.- Analyzing costs and providing suggestions to reduce unnecessaryspending.- Following up on capital expenditures and special projects.5. Supervising compliance with accounting policies- Ensuring the application of the company's approvedaccountingpoliciesineachbranch.- Training accountants to comply with local and international standards (suchas IFRS).- Ensuring that internal and control procedures are appliedefficiently.6. Supporting the periodic financial closing process- Leading the monthly, quarterly and annual closingprocess forallbranches.- Reviewing financial statements before submittingthemtomanagementorauditors.- Reconciling accounts and updating records to ensure the accuracyofreports.7. Managing accounting operations for branches- Following up on the performance of accountants inthe branchesandensuringsmooth implementation of daily operations.- Reviewing the financial operations of the branchesandensuringtheircompatibilitywith the headquarters.- Providing solutions to any accounting problems facingthe branches.8. Providing support to the Chief Accountant- Preparing data and analyses to support the ChiefAccountant's decisions.- Participating in the development of the budget andfinancial planning.- Coordinating financial statements from the branchestoprovide unifiedreports.9. Supervising fixed asset management- Monitoring the fixed assets of each branch and updatingtheirrecords.- Ensure assets are protected and maintained.10. Coordinate cash flows between branches andheadquarters- Monitor cash flow for each branch and ensure itsavailabilitytomeetoperationalneeds.- Submit periodic reports on cash flows to the headquarters.- Manage the transfer of funds between branchesas needed.11. Solve accounting problems- Intervene to solve complex problems facing accountants inbranches.- Provide innovative solutions to unusual accountingissues.- Act as a link between branches and senior managementtoensure smoothworkflow.12. Support internal and external audits- Prepare documents and papers required for audits.- Follow up on audit' orscomments and implement necessaryrecommendations.- Ensure accurate and comprehensive data is providedtointernal andexternalauditors.The programs I work with include JD Edwards

Daily work closing
Work on the daily accounting book
Warehouse inventory
Work salary marches
Pay the bill
Paying dues to employees
Termination of employment services
Working on office programs
Work on the easiest accounting program
Renewal and payment of foreign labor fees
Follow up on company licenses
Pay company fees