Rakan Al-Mubarak, Senior Accountant

Rakan Al-Mubarak

Senior Accountant

dealcom

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Bachelor of Business Administration (BBA), Finance, investment
Experience
10 years, 0 Months

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Work Experience

Total years of experience :10 years, 0 Months

Senior Accountant at dealcom
  • Saudi Arabia - Riyadh
  • My current job since October 2023

. Leading the preparation and finalization of annual report with external auditors in accordance with IFRS standards.
. Leading the implementation of finance section in Odoo ERP system to streamline financial operations and reporting.
. Managing daily activities journal entries, bank reconciliations, and financial analysis.
. collaborating with cross-functional teams to optimize budgeting and forecasting processes.

General Accountant at Al-Babtain Power & Telecommunication Co
  • Saudi Arabia - Riyadh
  • August 2021 to September 2023

. Assessed in preparing periodic financial reports in accordance with IFRS and TASI standards.
. Implemented robust cash control measures on petty cash funds and optimizing cash flow management.
. Contributed to the successful implementation of Oracle 12 ERP.
. Improved data accuracy and efficiency.
. Led the clarification, clearance and analysis of accumulated accruals, prepayments and Clerance accounts.

Head Of Finance - Part Time at Al-Wyon Co.
  • Saudi Arabia - Riyadh
  • March 2019 to July 2023

. Managed financial operations, including accounts payable, accounts receivable, and payroll, ensuring accuracy and timeliness.
. Led the preparation and finalization of annual financial reports in accordance with IFRS Standard and collaborating closely with external auditors.
. Conducted in-depth financial analysis to identify cost-saving opportunities and improve profitability.

General Manager at Industrial Supplies Est.
  • Saudi Arabia - Riyadh
  • November 2014 to April 2022

. Founded and managed the establishment.
. Oversaw all financial aspects, including budgeting, forecasting, and financial reporting.
. Implemented cost-saving initiatives and optimized operational efficiency.

Treasury Manager at Al-Saad Group for Investment and Developmen
  • Saudi Arabia - Riyadh
  • July 2018 to March 2019

. Implemented cash control policies and monitored liquidity to support strategic decisions.
. Contributed to the implementation of 360 Dynamics ERP.
. Enhanced efficiency in financial management.
. Enhanced efficiency in Cash management.
. Contributed in preparing and finalizing the 2018 annual financial report in accordance with IFRS standers.
. Led the treasury team to ensure accurate and timely financial reporting.

General Accountant at Al-Saad Group for Investment and Developmen
  • Saudi Arabia - Riyadh
  • March 2018 to July 2018

. Prepared and finalized the 2017 annual financial report in accordance with Saudi GAAP standers.
. Contributed to the implementation of 360 Dynamics ERP
. Enhancing efficiency in financial management.

Chief Accountant at Al-Wyon Co.
  • Saudi Arabia - Riyadh
  • January 2016 to March 2018

. Led the accounting team to ensure accurate and timely financial reporting.
. Implemented internal controls to mitigate financial risks and improve. compliance.
. Conducted variance analysis and provided recommendations to improve financial performance.
. Led the preparation and finalization of annual report with external auditors in accordance with Saudi GAAP standards.
. Collaborated with cross-functional teams to optimize budgeting and forecasting processes.

General Accountat at Al-Wyon Co.
  • Saudi Arabia - Riyadh
  • November 2014 to January 2016

. Collaborated in the preparation and finalization of annual report with external auditors in accordance with Saudi GAAP standards.

Accounting Trainee at AL - BABTAIN LeBLANC
  • Saudi Arabia - Riyadh
  • January 2013 to June 2013

Co-op program

Education

Bachelor's degree, Bachelor of Business Administration (BBA), Finance, investment
  • at King Saud University College of Business Administration
  • July 2013

Finance - Investment

Specialties & Skills

Microsoft Excel
Financial Reporting
Financial Analysis
Cash Control
Accounting
ACCRUALS
BUDGETING
FINALIZATION
ACCOUNTING
ANNUAL REPORTS
MFG/PRO (ERP)
OPERATIONS
VARIANCE ANALYSIS
CONSOLIDATION
EXTERNAL AUDITOR
JOURNALS
PETTY CASH
RECONCILIATION
Financial analysis
Cash forecasting
Financial forecasting
Cash control
Management
Administration
Finance
Banking
Financial Reporting
Microsoft Excel
Auditing
Payments
Teamwork
Financial Accounting
Microsoft Office
Treasury Management
Accounts Payable
Financial Management
Payroll
Planning

Social Profiles

Personal Website
Personal Website

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Languages

Arabic
Expert
English
Expert

Hobbies

  • Chart Analysis
    . Classic Analysis . Elliot Wave Analysis . ICT Analysis