Senior Accounting Officer / Executive Manager
Banque Saudi Fransi
Total years of experience :16 years, 8 Months
Part of the Accounting & Financial Control Division (AFCD), leading the Business Projects & Financial Analysis Department with a team of five. Main responsibilities are;
• Analyze the performance of Business Lines, Products/Services and Clients in a monthly performance monitoring report. Objective is to identify areas of possible improvement such as “cross selling”
• Analyze the Bank’s performance in comparison to peer group banks in a detailed report addressed to the Division Heads & CFO.
• Assist the CFO in the development of strategic plans such as the Medium Term Business Plan, Business Segment Performance review and Annual reports etc.
• Assist Business Lines in analyzing the feasibility of introducing new products/services.
• Lead the Second Level of Control Function (SLC) across the Bank. SLC is a mechanism aimed at strengthening internal controls and processes across critical banking products/services.
• Assisted in the execution of special projects across the bank. Main projects completed in recent years involve;
a) FATCA Implementation,
b) Mainframe Decommissioning (Oracle GL Implementation) and Oracle Fixed Asset Upgrade,
c) Bank’s first Delegation of Authority Matrices,
d) Bank’s first Internal Account Mapping,
e) Revamping the reconciliation practices and critical processes involving ATM, POS and Credit Card (Visa, MasterCard) Business,
f) Implementation of SAS an enterprise fraud management solution,
g) Creation of internal control unit for Retail and Corporate Banking etc.
• Supervise Division’s Local Internal Control Committee for highlighting internal control issues.
• Internal Audit, Operational Risk and Compliance Coordinator for the Division.
• Budget Controller for the Accounting & Financial Control Division. Responsible for developing the Annual Budget of the Division along with the proposals for material CAPEX projects.
Covered engagements related to the Development (NGO), Construction, Manufacturing and Financial Services sector. Responsibilities were to;
• Understand the client’s business and identify related financial risks for developing the Audit Plan in line with International Auditing Standards (IAS).
• Exercise knowledge of International Financial Reporting Standards (IFRS), related Regulatory and Tax Matters for interpreting complex transactions.
• Identify important accounting (IFRS or Local GAAP) or internal control issues on a timely basis for discussion with the client.
• Assist the engagement manager in preparation of important deliverables such as the Audit Report and Management Letter.
Started Last Semester Jan 2015. Expected to Graduate by June 2015. Major Courses Completed include; Managerial Economics, Marketing , Financial Analysis , Comparative & International Business, Strategic Management and Investment and Portfolio Management
Qualified Member
BSc (Hons.) in Applied Accounting. Graduated with First Class Honours.