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Shaheen Al-Dossary, Financial Analyst

Shaheen Al-Dossary

Financial Analyst ·Sipchem

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 14 years, 2 months

Financial Analyst

June 2023 - Present

Sipchem

Jubail, Saudi Arabia

June 2023 - Present

• Prepare financial Statements (Balance sheet, Income statement, and Cash flow)
• Prepare annual budget and three-years business plan with quantity and financial aspects
including income statement, balance sheet, and cash flow statement.
• Monitor fixed cost and variable cost before closing the month to ensure that all costs are
captured in SAP.
• Perform costing closing activities (cost estimate, cost center cycle, and material ledger).
• Prepare production cost report including variable cost, fixed cost, quantity reconciliation,
and inventory analysis.
• Prepare monthly update business forecast and cash flow statement.
• Prepare various monthly reports and analysis to monitor actual performance against the
budget.
• Prepare inventory valuation during monthly closing.
• Prepare and analysis monthly quantitative data sheet of production, sales, inventory feed
stock and utilities consumption costs and get confirmation from operation Dep. to ensure
that related data captured in SAP.
• Conduct monthly meeting with management to review financial performance.
Company industry:
1360
Job role:
Accounting and Auditing

Sr. Accountant Capex & Opex

June 2018 - Present

Perokemya (SABIC Affiliate)

Jubail, Saudi Arabia

I found this job using Bayt.com

June 2018 - Present

Working in Petrokemya (SABIC Affiliate) as a Sr. Accountant, Opex & Capex in Budget and Control Division.

• Preparation of the annual Fixed Cost, Capital Spares, and Capital Expenditure Budget.
• Report and review the performance of the Fixed Cost, Capital Spares, and Capital Expenditure.
• Project monitor and review the relevant cost as per IFRS.
• Responsible for creating WBS and supplement and transfers Fund and close WBS.
• Control and review all the outstanding (AUC) Asset under Construction to be capitalized.
• Ensure that all Capex costs to be settled to AUC monthly.
• Responsible for capitalizing all completed projects.
• Responsible for Finance Capital Lease (IFRS16).
• Financial month end closing activities.
• Preparing Capex monthly report for all outstanding projects.
• Control surplus and dispose material and ensure to comply with SABIC procedure.
• Involve in the audit activities with External Auditor and provide needed requirements.
• Engage with PMT to prepare the owner cost for Mega Project.
• A Team Leader of the audit physical count.
• A Team Leader of The Asset physical count assignment.
• Representing Finance for any plant incidents.
Company industry:
Petrochemicals & Refined Petroleum Products Manufacture
Job role:
Accounting and Auditing

Accountant

January 2017 - Present

Farabi Petrochemicals Company

Jubail, Saudi Arabia

January 2017 - Present

Working in Finance Department in Projects Section. Duties include several accounting activities:
Following up and reconciliation GL expense accounts.
Preparation of cash management reports.
Handing receivable.
Bank Reconciliation.
Reviewing new contracts.
Preparation of Account Payable reports monthly.
Invoice payments processing.
Uploading payments through online portal.
Handling petty cash.
Following up with end users and vendors.
Preparation of Withholding Tax report monthly.
Preparation of Withholding Tax schedule.
Uploading the Withholding Tax through online portal.
Payment of Withholding Tax.
Preparation of Withholding Tax letter to vendors.
Company industry:
Petrochemicals & Refined Petroleum Products Manufacture
Job role:
Accounting and Auditing

senior accountant

July 2022 - June 2023

Saudi Basic Industries Corporation - Sabic

Jubail, Saudi Arabia

July 2022 - June 2023

• Prepare and publish month-end and year-end closing activities.
• Maintain and reconcile GL accounts.
• Book and review monthly accruals.
• Preform period end closing activities.
• Maintain and monitor fixed assets and asset under contraction accounts.
• Analyzing abnormalities and work to resolve them.
• Support data analysis for management.
• Prepare and provide Zakat & Tax declaration.
• Monitor Intercompany reconciliation for Account payable and receivable.
Company industry:
1360
Job role:
Accounting and Auditing

Financial Analyst

November 2014 - December 2016

Saudi Electricity Company

Riyadh, Saudi Arabia

November 2014 - December 2016

Working in SEC as an Accounting Analyst in the finance Department. General Ledger and Consolidation Financial Statements Division. Duties include several accounting activities:
Reconcile various accounting entries and general ledger booking.
Reconcile all inter-Company accounts related to associated Company.
Analyze Consolidated Financial Statements.
Prepare the investment movement reports.
Reviewing Financial Statements which are issued by external auditors.
Reconcile fuel amounts and qualities with Saudi Aramco Company.
Prepare fuel consumption reports for SEC and IPPs power plants.
Prepare the annual and quarterly Consolidation Financial Statements.
Working to complete all requirements of Capital Market Authority and then uploading the financial statements and notes through the website.
Company industry:
Utilities
Job role:
Accounting and Auditing

Customer Service Officer

June 2010 - January 2012

Riyad Bank

Dammam, Saudi Arabia

June 2010 - January 2012

Worked as a Sales & Services Officer in Riyad Bank from June 2010 until January 2012. Duties Included supervising the work flow, handling customers complains and problems, investigating and reporting money laundry incidents, communicating with the head office and represent the branch in many occasions. I have been chosen by the head office to work with a marketing team to build a regional sales strategy.
Company industry:
Banking
Job role:
Customer Service and Call Center

Accountant

July 2009 - May 2010

Al-Shaheen Group

Dammam, Saudi Arabia

July 2009 - May 2010

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Education

King Faisal University

July 2009

July 2009

Bachelor's degree, Accounting

Saudi Arabia

GPA (point): 3.15 out of 5

GPA (point): 3.15 out of 5

Graduated from King Faisal University with Bachelor of Science Degree in Accounting in July 2009 with GPA (3.15 out of 5).

Skills

Accounting
Expert
Accounting
Expert
Auditing
Expert
Auditing
Expert
Office Administration
Expert
Office Administration
Expert
Professional Services Marketing
Expert
Professional Services Marketing
Expert
Customer Service
Expert
Customer Service
Expert
Team Working
Expert
Team Working
Expert
Problem Solving
Intermediate
Problem Solving
Intermediate
Microsoft Office
Intermediate
Microsoft Office
Intermediate
Accounting
Expert
Accounting
Expert
Auditing
Expert
Auditing
Expert
Office Administration
Expert
Office Administration
Expert
Professional Services Marketing
Expert
Professional Services Marketing
Expert
Customer Service
Expert
Customer Service
Expert

Languages

Arabic
Expert
English
Expert