Saleh Mahasneh, Vice President

Saleh Mahasneh

Vice President

Zohoor Alreef

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Finance Management
Experience
21 years, 3 Months

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Work Experience

Total years of experience :21 years, 3 Months

Vice President at Zohoor Alreef
  • Saudi Arabia - Khobar
  • My current job since November 2021
Chief Financial Officer at Safa Group
  • Saudi Arabia - Riyadh
  • May 2018 to November 2021

• Corporate Finance Management
• Strategic direction “Mission, strategic objectives and goals”
• Treasury and Private Equity Management
• Leverage and drive Net profit sensitivity .
• Allocating resources management.
• Utilize Insights organizational approach,
• Implement best practices financial Science’s.
• Offshore global business consultation and Investment Management.
• Business valuation, due diligence, Acquisition, Merging, Liquidation.
• Strat Up Business Modeling Projection and planning.
• IPO preparation and listing.
• Conducting Financial Derivatives FX, Option, Future’s
• Strategic Financial Planning and controlling
• Annual Budgeting and Cost Management
• Expansion Strategies
• Business Restructuring identifying and planning.
• Cash Flow Projection and Controlling
• Profitability and Cost Analysis
• Process Productivity Design and ERP Utilization
• Drive new Business investment Portfolio .
• Working Capital Facilities Management
• Leasing, MTL, LTL, Capex, Opex financing
• Zakat and Tax declaration and correlation
• Risk Management identifying, controlling and contracting

Finance Manager at Al Safa Store for Pharmaceutical Company
  • Saudi Arabia - Riyadh
  • April 2012 to November 2018

Financial Management
• Create and implement a working capital plan and investment direction.
• Build and managed Financial Budget & fixing override’s variance’s Monthly
• Develop a reliable cash flow projection process and reporting mechanism which includes Cash Gape analysis.
• Optimize overhead and operation expenditures
• maintain resources for capital, negotiating competitive rates, for WC Facilities, STL, MTL, & LTL.
• Restructure Financial Policies and Financial System development.
• Maintain stock turn over leverage to calculated Market Share change & current CPI.
• Oversee and direct the annual auditing process Along Financial Period including consolidating Financial Statement’s.
• Analyzing financial Statement and its enclosing numbering.
• Satisfy all regulatory income tax, Zakat and VAT compliance filing, report, explanation, declaration, correlation.
• Treasury Management as well as Banking facilities contracting and negotiation and crediting classification.
• Demonstrate IFRS and Internal Control to maintain and up to date reliable financial position.
• Demonstrate UCP version 10 roll’s for importing and global trade.
• Improving before-after direct sales behavior through retail banking product’s and adopt loyalty and point schema’s

Risk Management
• Maintain & negotiate all insurance policies & exposure& lost ratio of : Property, vehicles, Stock, Medical, and Marine.
• Develop a standard contract to be used by all of Account Services in the implementation of new relationships which minimizes risk and maximizes profitability
• Cash back Automation and protection, Stuff loan & Petty cash redemption and replacement by retail banking solution.
• Initiation continues stock portfolio preventing over stock level, expiry, and minimize provision
• Create Debit Policies and collection in order to maintain write off bad debit
• Continues oversees and recalculate client credit limit level parallel to sales target forecast and cash flow projection.
• Tracking Market trend and predicting its coming impact in molding Scenario’s.

Support
• Manage Big financial staff in order to provide reliable service and support to all related internal and external parties.
• Review, recommend appropriate capital expenditures tuner for business expansion modeling.
• Manage staff in compliance of closed highly efficiency environment.
• Develop and implement a disaster recovery plan and procedures to insure minimal interruption to business, as well as maintaining invoicing for cash flow.

Administrative
• Employee Cost analysis against productivity and maintain lowest employees turn over.
• Manage, motivate and provide leadership to an accounting staff of eight individuals
• Direct the controller in providing and directing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and overall performance.
• Monitor and evaluate subordinates’ performance and workloads
• Perform staffing functions (hire, test, train and Motivation )

Chief Accountant at AL Fawzani For Construction
  • Saudi Arabia - Riyadh
  • December 2009 to April 2012
Chief Accountant at Saygh Industrial Group
  • Jordan - Amman
  • October 2008 to December 2009
Senior Accountant at Houston Technology Limited
  • Saudi Arabia - Riyadh
  • October 2006 to September 2008
Accountant at CJC Joint stock Company
  • Jordan - Amman
  • February 2003 to September 2006

Education

Bachelor's degree, Finance Management
  • at Yarmouk University
  • February 2003

Banking and Financial Science's

Specialties & Skills

Feasibility Studies
Corporate Finance
Budgeting
Financial Analysis
Facility Management
Risk Management
Communication
Team building
Corporate Finance
Advanced IT skills
Negotiation Skills

Languages

Arabic
Native Speaker
English
Expert
Dutch
Beginner

Memberships

ACCA
  • ACCA Achievement
  • April 2013

Training and Certifications

Jordan Certificate of Public Accountant (Training)
Training Institute:
Jordan Accountant commission
Date Attended:
May 2005
Business Strategical Planner (Training)
Training Institute:
int’ Business Center
Date Attended:
October 2019
Corporate Risk Management CFI 2018 (Training)
Training Institute:
CFI Globe
Date Attended:
April 2018
Corporate Finance Practical case’s (Training)
Training Institute:
CFI Globe
Date Attended:
December 2017
Financial Modeling (Training)
Training Institute:
CFI Globe
Duration:
30 hours
ACCA (Training)
Training Institute:
ACCA - UK
Date Attended:
June 2013

Hobbies

  • Reading,