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Saad Shoaib, Chief Accountant

Saad Shoaib

Chief Accountant·DaVita

Saudi Arabia

Master's degree, Masters in Business Administration

Work experience

Total years of experience: 8 years, 3 months

Chief Accountant

January 2023 - Present

DaVita

Riyadh, Saudi Arabia

January 2023 - Present

I supervise daily accounting operations, successfully assuming the responsibilities of the Accounting Manager and Financial Controller, ensuring seamless month-end and year-end closings. Achieved budget forecasts with only a 10% variance against actual results through effective cash flow forecasting and analysis. Streamlined approval processes as an ERP super user, reducing red tape and enhancing workflow efficiency, while implementing various ERP modules to optimize financial operations. Introduced new policies that qualified for ISO audit, ensuring compliance with GAZT Zakat, Tax & VAT, and SOCPA regulations, and facilitating efficient internal and external audits. Prepared accurate monthly, quarterly, and annual financial statements in accordance with IFRS, providing valuable insights for management decision-making.

Company industry:
Other Healthcare Services
Job role:
Accounting and Auditing

Chief Accountant (Acting Financial Controller

January 2023 - Present

DaVita Health Care

Riyadh, Saudi Arabia

January 2023 - Present

I supervise daily accounting operations, successfully assuming the responsibilities of the Accounting Manager and Financial Controller, ensuring seamless month-end and year-end closings. Achieved budget forecasts with only a 10% variance against actual results through effective cash flow forecasting and analysis. Streamlined approval processes as an ERP super user, reducing red tape and enhancing workflow efficiency, while implementing various ERP modules to optimize financial operations. Introduced new policies that qualified for ISO audit, ensuring compliance with GAZT Zakat, Tax & VAT, and SOCPA regulations, and facilitating efficient internal and external audits. Prepared accurate monthly, quarterly, and annual financial statements in accordance with IFRS, providing valuable insights for management decision-making. Sep 2021 Jan 2023

Company industry:
Other Healthcare Services

Senior Accountant

July 2019 - August 2021

Saudi Medical Care Group Ex NMC Healthcare

Riyadh, Saudi Arabia

July 2019 - August 2021

Prepared monthly consolidated financial statements and finalized audits for FY 2020 and 2021 within one audit season, overseeing compliance for consolidated financial statements. Developed financial models that identified key business factors, implementing a revenue reconciliation policy that reduced revenue rejection variances by 2% and improved accounts receivable days. Collaborated with the leadership team to formulate medium- to long term financial and strategic plans, resulting in a 15% projected revenue increase and enhancing market share by 20%. Took part in business acquisition transactions and was responsible for the implementation of IFRS 16, enhancing financial reporting accuracy. Jul 2019 Aug 2021

Company industry:
Other Healthcare Services

Senior Accountant

June 2019 - July 2021

TO YOU/ Arammeem

Riyadh, Saudi Arabia

June 2019 - July 2021

Promoted to Senior Accountant from General Accountant within 8 months of joining, reorganizing cash flow movement out of

Company industry:
Distribution, Supply Chain & Logistics

Audit Associate

January 2018 - June 2019

Deloitte & Touch Bakr Abulkhair & Co.

Riyadh, Saudi Arabia

January 2018 - June 2019

Conducted statutory and special audits, due diligence, compliance audits, and business advisory services across diverse sectors, including Banking, Oil and Gas, Manufacturing, and Construction, enhancing my understanding of various organizational environments. Assisted supervisors in planning and executing audits, supervising fieldwork, and ensuring deliverables met deadlines while preparing financial statements per International Accounting Standards (IAS/IFRS) and local regulations Evaluated clients internal controls, introduced best practices, and provided recommendations for governance and risk management, successfully managing a higher-than-average client load, including year-end and interim audits, while finalizing my ACCA papers.

Company industry:
Accounting

Associate

December 2016 - January 2018

HLB international

Riyadh, Saudi Arabia

December 2016 - January 2018

Prepares and records asset, liability, revenue, and expenses by compiling and analyzing account information. Verifying, allocating, posting, and reconciling accounts payable and receivable. Producing error-free accounting reports and present their results. Participate in financial standards setting and in forecast process. Support month-end and year-end close process. Conform with and abide by all regulatory guidance and internal policies & procedures. Performing variance analyses and preparing account reconciliations.

Company industry:
Accounting

Education

Oxford Brookes University

December 2025

December 2025

Master's degree, Masters in Business Administration

United Kingdom

ACCA

April 2021

April 2021

Master's degree, Accounting And finance

United Kingdom

GPA (percentage): 67%

GPA (percentage): 67%

The Association of Chartered Certified Accountants (ACCA) is a globally recognized qualification for finance and accounting professionals. It provides in-depth knowledge of accounting principles, finance management, auditing, taxation, and ethics, preparing students for a wide range of roles within finance. The ACCA program is structured around a series of exams that cover essential areas such as Financial Reporting, Performance Management, and Corporate and Business Law. Additionally, the qualification emphasizes ethical practices and strategic business skills, equipping candidates with both technical expertise and the ethical framework needed to handle real-world business challenges. Students who complete the ACCA qualification gain the title of Chartered Certified Accountant and can access a global network of career opportunities. ACCA is considered a rigorous qualification and is highly respected by employers, especially in finance, accounting, and management roles.

ACCA

April 2021

April 2021

Higher diploma, Post Graduate - Professional Certifaction

United Kingdom

Skills

Analysis

Expert

Accounting

Expert

Financials

Expert

Auditing

Expert

Accounting

Expert

Financial Analysis

Intermediate

Audit Internal and External

Expert

Taxation

Intermediate

BUSINESS ACQUISITION

Expert

RECONCILIATION

Expert

ACCOUNTS RECEIVABLE

Expert

ACCOUNTS PAYABLE

Expert

ACCOUNTING

Expert

FINANCIAL STATEMENTS

Expert

MFG/PRO (ERP)

Expert

FORECASTING

Expert

MANAGEMENT

Expert

CASH FLOW FORECASTING

Expert

Languages

English

Native Speaker

Training and Certifications

Training
CFI FMVA
CFI
Jan 2022

Hobbies and interests

Reading

Advanced A levels Top Achiever Edexcel Hafiz of Quran Jamia Al Kheriyaa Employee of the Month