طه عبداللطيف صادق ابوبكر

• Group CFO (Jan 2013 to up to date) at “Group of holding company, based in Saudi Arabia. Engaged in mainly manufacturing of Steel Pipes, Tubes, and Sheets, Steel Fabrication and Steel Structure. Concrete Factories, Contracting Company, Crushers and industrial Supplies Distribution (Retail). • Responsibility over preparation the monthly financial reports, Budget statement, Break Even Analysis, Product wise cost analysis and Cost controlling. • Responsible for all financial matters resulting in a corporation & taking care of all inner and outer financial situations reporting results to appropriate executives. • Responsible for Product Costing, Product pricing, Market price analysis. • Responsible for selecting product mix and ranking products based on the profitability. • Reviewing and approving all kind of contracts. • Reviewing working capital/cash flow requirements and control cash flow of receipts and disbursements. • Negotiation with banks for arrangements of short term & long term loans including rescheduling / restructuring of loans & LG/LC issues. • Analyzing all short term decision from finance perspective. • Provides operating managers with statistical analyses of operating results and plans. • Controlling receivable and credit management including handling and managing LCs and LGs • Developing KPIs for monitoring the company performance and providing improved working capital, ROE, ROA and business profitability. • Supervising monthly payroll for over 1, 500 employees. • Developing and updating accounting, finance and management policies and procedures. • Cash Forecasting, budgeting, and conducting analysis and review of financials and reporting both Financial & Management accounting information to the senior management on monthly basis. • Active member in formulating long term and strategic business plans and served as key leader in effectively managing company growth • Strategically restructured financial reporting process in accordance with organizational changes and served as change agent. • Designing and implementing internal control systems to achieve financial discipline and improve the overall efficiency of the organization. • Supervises the staff in the accounting departments making sure that the department runs smoothly.

• Responsible for all financial matters resulting in a corporation & taking care of all inner and outer financial situations reporting results to appropriate executives.

• Oversee cash flow planning and ensure availability of funds as needed.

• Oversee cash, investment, and asset management.

• Oversee financial strategies and activities, as well as banking relationships.

• Oversee the accounting department to ensure proper maintenance of all accounting systems and function
• Supervises the staff in the accounting department making sure that the department runs smoothly.
• Ensures maintenance of appropriate internal controls and financial procedures.
• Ensures timeliness, accuracy, and usefulness of financial and management reporting for board of directors. & makes sure that all reports are made to all the appropriate departments in a timely manner.
• Ensures all legal and regulatory compliance regarding all financial functions is kept.
• Conduct test of internal controls to sustain a well controlled environment.
• Coordinate with legal counsel, treasury and tax advisors as needed.
• Prepare and review detailed budgets, expenditure and any variations from budgets.

• Managing the organization’s, liquidity portfolio, and investments.
• banks negotiations & develop annual facility to get the best result and deduct its cost.
• Directing special projects related to financial decisions.
• Supervising treasury analysts and other personnel assigned to the department.
• control daily work and following daily loan payments transaction over 3 billion SAR total banks facilities

Duties and responsibilities:


• Analyzes complex financial data and extracts and defines relevant information; interprets data for the purpose of determining past financial performance and/or to project a financial probability.
• Oversees the preparation of working papers and approved budgets; ensures that expenditures for budgets, and grants and contracts are monitored and that reports are prepared to maintain balanced accounts.

• Develops and oversees the maintenance of budget monitoring systems.

• Develops complex financial reports for forecasting, trending, and results analysis.
• Monitors and approves expenditures throughout the budgetary period.

• Maintains individual attendance records and payroll processing.

• Assists in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll.

• Supervises and participates in the preparation of various financial statements and reports.

• Directs the installation and maintenance of accounting records to show receipts and expenditures.

• Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records.

• Directs and participates in cost analyses and rate studies.

• Prepares statements and reports of estimated future costs and revenues.

• Directs internal audits involving review of accounting and administrative controls.

• Establishes system controls for new financial systems and develops procedures to improve existing systems.

• Coordinates preparation of external audit materials and external financial reporting.