Saeed Ahmed Moh'd Al-Gailany, Group CFO

Saeed Ahmed Moh'd Al-Gailany

Group CFO

Al-Esayiah Holding Company

Location
Saudi Arabia
Education
Bachelor's degree, Joining for AICPA
Experience
23 years, 1 Months

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Work Experience

Total years of experience :23 years, 1 Months

Group CFO at Al-Esayiah Holding Company
  • Saudi Arabia - Jeddah
  • My current job since August 2018
CFO at ABAR LLAYENA
  • Saudi Arabia - Jeddah
  • September 2016 to July 2018

Direct finance team, encompassing controllership, Business Operations, Decision Support, Financial Planning & Analysis, Resource Management, (Collating, preparing and interpreting reports, budgets, accounts, Trail balance and financial statements), Business systems and IT team, Legal team, implement and setup Oracle account system.

FINANCE DIRECTOR 3 Reporting lines 1- (DG) Director Gen. 2- (VSG) Vice Secretary Gen.-ECA), 3- BOD at CADRE ECONOMIC CITIES
  • Saudi Arabia - Jeddah
  • August 2011 to September 2016

Highly accomplished, result-driven (meeting objectives, delivering to the required time, cost and quality, and holds performance to be more important than procedures), senior accounting and financial management executive with more than 12 years of progressive experience in finance and operations management within start-up and millions dollar organizations, demonstrated ability to streamline business operations (Improvement the efficiency of a process, business by simplifying or eliminating unnecessary steps) that drive growth and increase efficiency and bottom-line profit, experience in developing and implementation financial controls and processes in addition to productivity improvements, (Ability to compile, verify, analyze, interpret and disseminate financial data (actual, forecast and budgeted)), skilled at learning new concepts quickly, working well under pressure, and communicating ideas clearly and effectively, communication and interpersonal skills to establish rapport with all levels of staff and management.
 Accounting & Financial Management
 Controllership & Decision Support
 Business Planning & Analysis
 Preparing and Analysing Financial and Accounting policy and procedures.
 Performance Measurement
 Operations Efficiencies.
 Financial Analysis & Reporting
 Resource Management

Direct finance team (9 employees: 1 Chief Accountant, 3 Accountant-receivable, 2 Accountant-payable, 1 Accountant-cash and bank, 1 Chief Accountant-payroll and 1 Accountant-payroll) with more than 4000 labor under our sponsorship, encompassing controllership, Business Operations, Decision Support, Financial Planning & Analysis, Resource Management, (Collating, preparing and interpreting reports, budgets, accounts, Trail balance and financial statements), Business systems and IT team, Legal team

Selected Achievement
 Increased revenue by 10% through reduced and minimize expenses without parallel the operations.
 Saved SR 13 million through an efficient cash management and budgeting systems for 2 years with total 26 million.
 Designed an effectiveness and sufficient ERP accounting system - Oracle as team leader of this project
 Established and implemented an efficient Accounting Policies and Procedures.

Audit senior at Deloitte & touche bakr Abu Alkair and Co.
  • Saudi Arabia - Jeddah
  • February 2008 to July 2011

• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Preparing audit program
• Preparing the financial statement according to (IAS) International Accounting Standard
• Preparing income statement
• Preparing cash flow statement
• Management letters with recommendations
• Preparing the accounting reconciliation
• Following and making the work plan for employees

The following companies and tasks have been achieved worthily in my experience.

• Investement Industry and Companies
- Kabbani for Decoration and Contracting.
- Kabbani for Electrical Trading.
- Kabbani association for Trading.
- Medad for Real Estate Co.
- Bemco. Arabian Contracting.
Audit senior, complete the most important field work (Cash, receivable, other current receivable, fixed assets, payable, other payable, ...etc), preparing the management letters, financial statement, (SRM) Summary Review of Memorandom. (on year- final audit).

Audit senior- supervisor in charge at Associated Accountant, Corresponding Grant Thronton
  • Yemen
  • November 2005 to February 2008

• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Preparing audit program
• Preparing the financial statement according to (IAS) International Accounting Standard
• Preparing income statement
• Preparing cash flow statement
• Management letters with recommendations
• Preparing (SOE) Summary Of Expenditures according to expenses categories
• Preparing the accounting reconciliation
• Following and making the work plan for employees

The following companies and tasks have been achieved worthily in my experience.

• Investement Industry and Companies
- Al- Lawzi Group
Audit senior, complete the most important field work (Cash, receivable, other current receivable, fixed assets, payable, other payable, ...etc), preparing the management letters, financial statement, (SRM) Summary Review of Memorandom. (on year- final audit)

Special consultation;

• Al- Lawzi Group
• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Prepare the following:
- Flow chart
- Documents cycle
- Chart of account
- Documents model

• Sabco for trading and Agencies
• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Prepare the following:
- Flow chart
- Documents cycle
- Chart of account
- Documents model

• Canadian Nexen Petroleum East Al-Hajr "Block- 51" and,
• Canadian Nexen Petroleum Yemen "Block- 14"
- Audit Senior, Follow and complete the most important field work for special porpose audit (one year audit):
- Calculate the revenue
- Ensure the company work and calculate as per the (PSA) Production Share Agreement
- Recalculate the Government share of profit oil
- Recalculate the contractors share of cost oil and profit oil

Audit Senior at Mohammed Taha Hamood & co. (correspondent for Ernst & Young)
  • Yemen
  • April 2002 to November 2005

· Evaluating and analyzing the internal control and accounting proc's to definition the risk side
· Preparing audit program
· Preparing the financial statement according to (IAS) International Accounting Standard
· Management letters with recommendations
· Preparing (SOE) Summary Of Expenditures
- Checking and Covering several kind of accounts (Cash/bank, receivable, investment, affiliates, payable, loans, revenue, sharecapital, expenses, ….etc)
- Passing and Posting the entries
- Bank reconciliation
- Preparing payroll
- Preparing the monthly trail balance
- Preparing the adjustment entries
- Submitting all other reports (aging, bank, creditors and debetors’ confirmations, sales reports, production, ….etc)
- installing and evaluating the cash and stock system and reporting the observations
- Handling and reviewing all registers (fixed assets, capital and shareholders, ….etc)
- Financial statment analyzing
The following companies and tasks have been achieved worthily in my experience.
- Central Bank of Yemen
- Credit Agricultural Cooperation Bank
- MB Petroleum Services (Yemen Branch)
- Yemeni Company for Heavy Transport
- Zhongyuan Petroleum Exploration Bureau (Yemen Branch)
- Yemen Logistics and Supply Company Ltd
- Marib Yeman Insurance Co.
- (EC) European Commission
- (SFD) Social Fund Development
- (FSP) Food Security Project
- (WB) World Bank Project
- (SASP) seeds Agricaltural Esrvice Projcet
- (BEEP) Basic Education Expansion Project
- (ESIP) Education Sector Investement Project
- (UNDP) United Nation Development Projcet:
- (EPP) Environment Protaction Project
- Yemani Company for Cement Silos
- Arabian Tyres Establishment
- Aden Silos and Mills
- Tahama Sacks Manufacturing Co.
- Aden Cement Enterprise
- Gulf Agency Company (Yemen Limited)
- Rada’a Water Project
- Lion and Jambia Club
- Yemen Kwaiti Real Estate

Accountant in inventory Department at YEMEN HUNT OIL CO.
  • Yemen
  • December 2000 to November 2001

· Prepare Inventory register
· Prepare Inventory items slip/receipt
· Passing and posting entries to system
· Prepare a monthly movement reports
· Prepare the adjustment entries

Education

Bachelor's degree, Joining for AICPA
  • at AICPA
  • December 2016

Joining AICPA, Part 1 Financial and Accounting Report (FAR), this part including The Financial and Accounting reporting including overview of IAS and IFRS reversing GAAP. Time of exam will be May, 2014

Bachelor's degree, Chartered Accountant
  • at Yemen Association Of Certified Public Accountant
  • December 2008

Yemen Association Of Certified Public Accountant (YACPA) is a professional certification for the professional auditor.

Bachelor's degree, Accounting
  • at SANA'A UNIVERSITY
  • October 2001

Bachelor in audit and accounting from 1997-2001 In my study years, Istudied many of kind of accounts book for example: - Financial account - Account of Administrative - Tax account - Cost account - Financial Administration - Analyzing account - Oil and Petroleum account -Account theory -Govermental account -Account for partnerships -Accounting study

Specialties & Skills

Microsoft Access
Administration
Management
Software Development
- Excellent communication
- Using perfectly MS package
- Translation
- Administration work
- Work on diedline
Hard Worker
Teams Leader
ERP system - oracle
Yemensoft ERP system - Oracle
Microsoft, AX dynamic ERP system
Microsoft, AX dynamic 365 ERP system

Languages

English
Expert
Arabic
Expert

Memberships

YACPA
  • Certified Accountant
  • December 2008

Training and Certifications

Project Management (Training)
Training Institute:
• Project Management, Yemensoft, Yemen, July 10, 2005 to July 17, 2005
Date Attended:
July 2005
• Transfer and Exchange system-Oracle, Yemensoft, Yemen July 9, 2005 to July 19, 2005 (Training)
Training Institute:
• Transfer and Exchange system-Oracle, Yemensoft, Yemen July 9, 2005 to July 19, 2005
Date Attended:
July 2005
• Accounting system (Onyx Pro system-Oracle), Yemensoft, Yemen, May 30,2005 to June 15, 2005 (Training)
Training Institute:
• Accounting system (Onyx Pro system-Oracle), Yemensoft, Yemen, May 30,2005 to June 15, 2005
Date Attended:
May 2005
New Horizon for English, Yemen (Training)
Training Institute:
5 English Levels, New Horizon for English, Yemen
Date Attended:
December 2005
• Fixed assets system-Oracle, Yemensoft, Yemen July 1, 2005 to July 9, 2005 (Training)
Training Institute:
• Fixed assets system-Oracle, Yemensoft, Yemen July 1, 2005 to July 9, 2005
Date Attended:
July 2005
Yemensoft, Yemen (Training)
Training Institute:
The Utomst Customers Caring, Yemensoft, Yemen
Date Attended:
September 2005
Payroll system-Oracle, Yemensoft, Yemen June 10, 2005 to June 20, 2005 (Training)
Training Institute:
• Payroll system-Oracle, Yemensoft, Yemen June 10, 2005 to June 20, 2005
Date Attended:
June 2005

Hobbies

  • Sporting, reading, Travelling