Saud AlToaimy

 Develops adequate policies, procedures and processes for the Finance function to maintain efficient operational excellence in order to achieve MEFSCO overall strategic objectives.
 Contributes to MEFSCO's overall strategy development and implementation.
 Contributes to the achievement of MEFSCO's objectives through timely and effective financial counseling to the General Manager.
 Reviews trial balance to ensure that all transactions are properly recorded and in accordance to the accounting rules and principles.
 Manages general accounting, annual financial statement audits, internal and external financial/ statistical reporting, and zakat reporting functions, as well as indirectly overseeing clients' accounting, revenue cycle, payroll, and accounts payable functions
 Reviews the company annual budget in line with the company strategic objectives and plans, discusses.
 Tracks actual versus budget expenditures of the company and report any deviations to the General Manager.
 Reviews MEFSCO financial plans, cash forecasts, reports and analytics, and submits management to support the decision making.
 Liaises with the ARASCO corporate Finance function for funding requirements and arrangements.
 Consolidates and periodically reports on the financial position and results of operations to the General Manager.
 Oversees year-end closing process, and finalizes periodic financial statements and reports to be submitted to the General Manager
 Monitors the cash, debt and liquidity position of MEFSCO
 Develops executive summaries and presentations to communicate overall financial performance to the General Manager and MEFSCO Board
 Advises on the financial implications of management decisions
 Coordinate the company external audit with external auditors.
 Ensures management accounting support MEFSCOs decisions (e.g. financial feasibility review, ad hoc management reporting, make/buy analysis, cost accounting, etc.),
 Monitors the adherence of finance function employees to MEFSCO's guidelines, policies and procedures.
 Ensures effective departmental performance through the selection, development, deployment and motivation of competent staff.

 Developing relationships with the investment community, institutions, and high net worth individuals, to create both the deal flow and placement capacity for the Investment Banking Group (IBG);
 Preparing proposals to prospective clients;
 Planning projects including preparation of work plans, resource planning and mobilization, etc.;
 Managing client relationships and building good rapport;
 Performing financial restructuring, financial modelling, valuation, and investment opportunities analysis;
 Assisting clients to appoint other advisors (Legal, Market, Technical, Accounting, PR, etc);
 Managing the transaction and following-up on a regular basis with the clients and their other advisors;
 Preparing and providing the clients with periodic status reports;
 Drafting transactions documentations (.e.g. IPO prospectus, Valuation reports, Road-show presentation, Private placement memorandums, Teasers, etc );
 Assisting clients in preparing road-show presentations and conducting institutional book building;
 Assisting in submitting applications to and obtaining approvals from regulatory agencies (CMA).

Major Achievements:

Initial Public Offerings
 Flotation Manager and Co-Underwriter for Abdullah Al Othaim Markets Co. with paid-in Capital of SR 270 million
 Exclusive Financial Advisor, Flotation Manager, and Lead Underwriter for United Wire Factories Company with paid-in Capital of SR 206.5 million
 Exclusive Financial Advisor, Flotation Manager, and Lead Underwriter for an Insurance Company with paid-in Capital of SR 320 million

Private Placement Transactions
 Financial Advisor & Placement Agent for a newly established logistics and warehousing company with paid-in capital of SR 260 million

Feasibility Studies:
 Team member in a feasibility study of a commercial project entailing office spaces, and a mall.
 Team member in a feasibility study of a Business Park entailing a hotel, furnished apartments, office spaces, shops, and showrooms.
 Team member in a feasibility study for a real estate development company. The study included an overview of the economic situation in general with a special focus on variables affecting on the real estate demand, supply, and competition.
 Team member in a feasibility study for establishing a for Real Estate Installment Company.

Business Plan:
 Conducted a Business Plan for Real Estate Installment Company.