طارق فؤاد صالح, Finance Manager

طارق فؤاد صالح

Finance Manager

Masaraat Holding group., Riyadh, KSA (Responsible for three companies Masaraat Holding, ICS, MISCO

البلد
المملكة العربية السعودية - الرياض - العليا
التعليم
بكالوريوس, Finance and Accounting
الخبرات
25 years, 11 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :25 years, 11 أشهر

Finance Manager في Masaraat Holding group., Riyadh, KSA (Responsible for three companies Masaraat Holding, ICS, MISCO
  • المملكة العربية السعودية - الرياض
  • أشغل هذه الوظيفة منذ ديسمبر 2019

• Managing treasury and cash flow
• Managing financial forecasting and budgeting
• Managing and implementing financial controls
• Managing and mentoring a team of finance professionals
• Communicating and presenting financial information to the board of directors
• Identifying and implementing process improvements to enhance efficiency and performance.
• Managing and implementing financial systems and software
• Managing relationships with external stakeholders such as banks, investors, and auditors
• Managing financial risk
• Managing regulatory compliance.
• Managing and analyzing financial data to provide valuable insights and support business decision-making.
• Developing and implementing financial strategies to support company growth and expansion.
• Leading and managing financial projects such as mergers and acquisitions, divestitures, and financing activities.
• Managing tax compliance and filing of tax returns.
• Developing and maintaining financial models and tools to support forecasting and budgeting.
• Managing financial compliance with laws and regulations such as GAAP, IFRS, and SOX.
• Managing the financial aspects of special projects such as expansions, new product launches, and IT projects.
• Building and maintaining relationships with financial institutions and investors.
• Providing training and support to finance team members and other departments on financial matters.
• Continuously monitoring and analyzing the company's financial performance and identifying areas for improvement.
• Managing and implementing cost-saving measures to improve the company's bottom line.
• Supporting the development and maintenance of financial databases and systems.
• Collaborating with other departments such as sales, marketing, and operations to ensure financial targets are met.
• Led risk management efforts to protect the company's financial well-being and enhance systems for compliance and legal concerns.
• Developed and executed strategic business plans to achieve accounting, compliance, and revenue targets, and provided advice to executive leaders on financial growth strategies.
• Implemented policies and procedures to improve productivity and maximize return on investments.
• Built and deployed strategies to achieve company vision and enhance tactical operations, and directed all financial activities including budget development, recordkeeping systems, and investment management.
• Negotiated contracts and secured financing for diverse business projects.
• Collaborated with the audit team to prepare accounts, documentation, and conduct audits according to regulatory requirements.
• Devised forward-thinking initiatives to drive corporate vision and outperform revenue targets and developed performance optimization strategies to enhance company objectives.
• Assessed company resources and made adjustments to keep operations efficient and cost-effective.
• Analyzed company financial information and oversaw preparation of financial reports for stakeholders.
• Managed all financial operations company-wide, including budgets, payroll, accounts payable, and accounts receivable.
• Negotiated and approved all supplier and distributor agreements.
• Conducted detailed analysis of operational issues and implemented corrective action plans to improve profitability and efficiency.
• Developed strategies for monitoring, evaluating, and tracking operational achievements.
• Analyzed operational performance and efficiency to identify and implement cost reduction initiatives and process improvements.
• Oversaw all production, pricing, sales, and distribution activities.
• Developed future financial plans to support company objectives.

Finance Manager في Mobile Business CO LTD., Riyadh, KSA
  • المملكة العربية السعودية - الرياض
  • أغسطس 2018 إلى نوفمبر 2019

• Manage financial risks, including foreign exchange, interest rate, and commodity risks.
• Develop and implement financial reporting systems to provide accurate and timely financial information to management and stakeholders.
• Utilize financial modeling techniques to evaluate strategic business decisions and assess potential impact on financial performance.
• Develop and manage financial forecasting and budgeting processes, including preparing and analyzing financial reports, identifying trends, and making recommendations for improvement.
• Manage and oversee the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
• Develop and implement financial controls, including internal audit procedures and risk management systems.
• Coordinate and lead the annual audit process, including working with external auditors to ensure compliance with accounting standards and regulations.
• Develop and maintain financial policies and procedures to ensure compliance with legal and regulatory requirements.
• Review and advise on contracts, agreements, and other legal documents to ensure compliance with financial policies and regulations.
• Monitor and analyze financial market trends and assess potential impact on the organization.
• Lead and participate in financial audits, reviews, and financial statement preparation.
• Provide insight and recommendations to improve financial performance and reduce costs.
• Ensure compliance with all tax laws and regulations.
• Collaborate with other departments and divisions to identify opportunities for cost savings and process improvement.
• Provide strategic financial guidance to executive management to support decision-making and long-term planning.
• Manage and mentor a team of financial professionals to develop their skills and knowledge in financial management.
• Communicate effectively with internal and external stakeholders, including board members and investors.
• Develop and maintain financial policies and procedures to ensure compliance with legal and regulatory requirements.
• Review and advise on contracts, agreements, and other legal documents.
• Develop and maintain financial forecasting and budgeting models.
• Monitor and analyze financial market trends and assess potential impact on the organization.
• Lead and participate in financial audits, reviews, and financial statement preparation.
• Provide insight and recommendations to improve financial performance and reduce costs.
• Ensure compliance with all tax laws and regulations.
• Assessed expansion plans and presented cost-benefit analysis to recommend changes and forecast trends.
• Built and maintained key industry partnerships to drive collaboration, engagement, and revenue stream development.
• Created and maintained financial reports and data using ERP systems.
• Identified and implemented improvements to internal controls and accounting procedures.
• Analyzed financial statements against forecasts to prepare high-level variance analysis and identify trends.
• Performed spending analysis and refined policies to develop recommendations for improvement.
• Provided training and mentorship to new and existing staff members on financial procedures and best practices.
• Developed and executed strategic plans for day-to-day financial operations.
• Evaluated applications and recommended adjustments to ensure compliance with organizational standards and policies.
• Executed core financial processes, including vendor setup and payment, operational expenses, bank account management, and account reconciliations.
• Created and maintained organizational structures to improve accounting and finance functions.
• Analyzed competitor data and statistics to develop business investment strategies and drive growth.

Finance Manager في AL Mutlaq Furniture, Riyadh, KSA
  • المملكة العربية السعودية - الرياض
  • أبريل 2007 إلى يوليو 2018

• Collaborate with other departments to provide financial guidance and support.
• Communicate financial information to the board of directors and other stakeholders.
• Identify and mitigate financial risks.
• Continuously improve financial systems and processes
• Represent the company in financial negotiations or deals.
• Oversee tax compliance and filing.
• Develop financial strategies to reduce costs and increase revenues.
• Led financial forecasting and budgeting efforts to inform expansion plans and identify areas for cost savings.
• Established and nurtured industry partnerships to drive revenue growth and collaboration.
• Analyzed competitor data to inform business investment strategies and drive growth.
• Implemented process improvements and cost-saving measures to increase profits.
• Trained and mentored staff on financial procedures and best practices.
• Overseen Accounts Receivable, ensuring timely collection of payments and resolution of overdue invoices.
• Managed payroll for a large workforce, including auditing, balancing, and reconciling payroll records.
• Developed forecasting tools and analyzed revenue variances to inform strategic decision-making.
• Networked with local businesses to identify and capitalize on new opportunities.
• Led all operational functions, including account openings, trades, documentation, regulatory compliance, and marketing.
• Led improvements in internal controls and accounting procedures.
• Collaborated with IT, business development, and operations leadership to develop financial business plans.
• Developed strategic plans to optimize day-to-day financial operations.
• Conducted spending analysis and recommended policy changes to improve financial performance.
• Monitored industry forecasts and adjusted budgets and marketing strategies to maintain revenue growth.
• Consulted with regulatory agencies to ensure compliance with all applicable laws and regulations.
• Ensured compliance with internal policies and controls.
• Streamlined financial reporting processes to improve overall reporting accuracy and efficiency.
• Reviewed and evaluated applications for compliance with established specifications.
• Managed core financial processes, including vendor payments, operational expenses, bank account administration, and account reconciliations.

Chief Accountant في Arkan Contracting Co, Dammam, KSA
  • المملكة العربية السعودية - الشرقية
  • أكتوبر 2004 إلى مارس 2007

• Developing and implementing financial policies and procedures to ensure compliance with accounting standards and regulations.
• Overseeing and managing the accounting team and providing guidance and training to team members
• Managing financial reporting and analysis activities, including the preparation of financial statements and other reports
• Identifying and assessing financial risks and implementing strategies to mitigate them.
• Managing and maintaining financial systems and software
• Participating in financial audits and ensuring that the organization is in compliance with audit requirements.
• Building and maintaining relationships with external stakeholders such as banks, auditors, and tax authorities
• Collaborating with other departments and managers to provide financial support and advice.
• Identifying areas for cost savings and process improvement and implementing change to achieve these goals.
• Keeping up to date with changes in accounting standards and regulations and ensuring that the organization is compliant.
• Established and optimized accounting systems and procedures to align with business objectives and enhance operational efficiency.
• Conducted advanced analyses of business performance and future obligations to generate accurate forecasts.
• Assessed and strengthened the accuracy and completeness of financial records.
• Reconciled balance sheets and developed best practices for balance sheet management.
• Led year-end closing processes in collaboration with controllers and external auditors.
• Investigated and resolved discrepancies in financial documents and accounts.
• Negotiated capital requirements with bank representatives.
• Prepared financial documents such as variance reports, regulatory filings, and schedules.
• Coordinated monthly general ledger closing activities including journal entries and reconciliations.
• Composed financial statements and consolidations following general ledger account reconciliation.
• Monitored and recorded all expenses.
• Reduced invoicing and receivable cycle times by implementing streamlined billing systems.
• Analyzed financial audit results and made recommendations for improvement.
• Reviewed budgets, including capital appropriations and operating budgets, and reported findings to senior management.

Senior Accountant في Nile Construction CO , Cairo, Egypt
  • مصر - القاهرة
  • يونيو 1998 إلى سبتمبر 2004

• Preparing and reviewing financial statements, such as balance sheets, income statements, and cash flow statements
• Managing the general ledger and ensuring that all transactions are recorded accurately.
• Managing and overseeing the work of junior accountants
• Participating in the development and implementation of accounting policies and procedures
• Supporting the financial forecasting and planning process
• Collaborating with internal and external auditors to ensure compliance with accounting regulations.
• Providing financial guidance to other departments and senior management
• Identifying and implementing process improvements to increase efficiency and accuracy of financial reporting.
• Keeping abreast of new accounting regulations and standards to ensure compliance.
• Tax compliance: ensuring compliance with tax laws and regulations and preparing and filing tax returns.
• Treasury management: managing cash flow and working with banks to ensure that the organization has adequate funding.
• Cost accounting: analyzing costs and developing cost-saving strategies.
• Financial modeling: creating financial models to forecast future performance and inform strategic decision-making.
• Fraud detection: identifying and preventing financial fraud.
• External reporting: preparing reports for external stakeholders such as investors, regulators, and creditors.
• Mergers and acquisitions: leading due diligence and integration efforts for mergers and acquisitions.
• Contract review: reviewing contracts to ensure compliance with financial regulations and to identify potential financial risks.
• IT systems: managing and maintaining financial systems and software to ensure that they are up to date and functioning correctly.

الخلفية التعليمية

بكالوريوس, Finance and Accounting
  • في Cairo University
  • مايو 1998

Bachelor of Science in Finance and Accounting - Cairo University (1994-1998) Certificate in International Financial Reporting (IFRS) from ACCA (2017) Self-study in Certified Management Accountant (CMA) and Certified Financial Manager (CFM)

اختبارات بيت.كوم

English for Business Skills Test
Score 80%
IQ Test
IQ Test
Score 99%
Management Skills Assessment
Score 90%

Specialties & Skills

Software Proficiency
Project Management
Financial Analysis
Budgeting and Forecasting
Strategic Planning
Financial reporting
Analytical ability
budgeting and forecasting
Problem-solving skills
Advanced Quantitative analysis
Proficient Financial Management
Risk management
Strong communication & presentation skills
project management
Expert Operational decision making
Skilled Strategic Planning
Business Planning
Treasury management
financial modeling
Excel proficiency
Negotiation and Technical skills

حسابات مواقع التواصل الاجتماعي

الموقع الشخصي
الموقع الشخصي

لقد تم حذف الرابط بسبب انتهاكه لسياسة الموقع. يرجى التواصل مع قسم الدعم لمزيد من المعلومات.


اللغات

العربية
اللغة الأم
الانجليزية
متمرّس

العضويات

ACCA
  • Certifr
  • May 2017

التدريب و الشهادات

Certificate in International Financial Reporting Standards (IFRS) (تدريب)
معهد التدريب:
ACCA
تاريخ الدورة:
May 2017

الهوايات

  • programing using excel , access VBA,playing chess