rashed alghamedi, Chief Specialist ,Reporting and Budgeting

rashed alghamedi

Chief Specialist ,Reporting and Budgeting

Saudi Stock Exchange (Tadawul )

Location
Saudi Arabia - Riyadh
Education
Diploma, SOCPA
Experience
17 years, 11 Months

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Work Experience

Total years of experience :17 years, 11 Months

Chief Specialist ,Reporting and Budgeting at Saudi Stock Exchange (Tadawul )
  • Saudi Arabia - Riyadh
  • My current job since April 2011

Team Leader, Reporting and Budgeting, May 2011 until now
- Preparing the annual report and the report of the Board of Directors based on the governance requirements of Capital Market Authority.
- Management Report, summarized and analysis the financial performance as monthly wise with comparing the actual with historical, budget and strategic by using PowerPoint with high quality.
- Financial Reports prepared the balance sheet, income statement and cash flow with related disclosure and coordinated with the external auditor, furthermore setting all financial report in ERP system by using FSG to minimize the manual reporting.
- Budget Perpetration, setting the budget plan with guidelines, coordination with the department to prepare their budget than consolidation the budget, analyzed and prepared the budget presentation to the Board of Directors for approval.
- Budget department Report, monitoring and reporting the actual performance with the budget by prepares dashboards report for each department contents the revenue and cost.
- Costing Report, reallocation the cost to services provided to get the P&L by services.
- Prepare the zakat and tax returns submit to DZIT.
- Benchmark report (comparing the financial result with the similar industry).
- Weekly report of market performance and forecasting the income statement of the month on this basis.
- Any other financial report (Cost optimization, Forecasting, Key business indicator, and any specifics financial report )

Main Accountant Costing and Budgeting at The National Agricultural Development Company ( NADEC )
  • Saudi Arabia - Riyadh
  • June 2006 to March 2011

 Main Accountant Costing and Budgeting, Jul 2006 to Apr 2011 (Five Years’ Experience)
o The National Agricultural Development Company ( NADEC ) Riyadh,
I work in finance division - General account department.
Duties and Responsibilities:
- 9 months I work in Accounts Payable invoices register and payment.
- Then 7 months I work in Accounts Inventory Receipt and issuing the material, finish good spare parts with summarized the movement and the balance.
- Then 5 Months I work in fixed asset register, capitalization and reallocated the assets.
- And 3 years I work in budgeting and costing of dairy plant, job description to organized plant costs, products and materials preparing monthly costing report including the COMS and COGS also calculated the product cost breakdown than I matched with sales to get the P&L of product that was the beginning of management to focus on the current and new profitability of products, also I Involved in the preparation of feasibility studies for production lines, expanded factories sales channels and distribution in addition, preparing the budget of the plant, also creating transfer price between the scoter.

Education

Diploma, SOCPA
  • at SOCPA -Saudi Organization for Certified Public Accountants
  • October 2010
Bachelor's degree, Human Resource Management
  • at King Saud University
  • June 2010
Bachelor's degree, Accounting
  • at King Saud University
  • May 2006

Specialties & Skills

Budgeting
Reporting
Annual Reports
Oracle Reports
Cost Reporting
All programs office
Experienced in financial models.
 Experienced in Costing and cost allocation
Experienced in Reporting
 Experienced in Budgeting

Languages

English
Intermediate

Memberships

Saudi Organization for Certified Public Accountants
  • A key member
  • March 2010
The Institute of Management Accountants-CMA
  • Professional
  • February 2014