Financial Controller Specialist
confidential
Total years of experience :5 years, 4 Months
Notable Achievements:
• Successfully created an internal procurement governance guide in accordance with the rules and regulations issued by the legislative and oversight bodies.
• Responded to the observations of the General Court of Audit.
• An inventory of all ongoing Saudi Fund for Development projects for the current year and the previous 3 years.
Key Deliverables:
• Provide financial leadership to the organization and support the team in developing and executing the business strategies and provide financial systems/ controls/ advice to achieve overall organizational goals.
• Formulate strategic & long-term plans, and financial mechanisms to minimize financial risk of the organization.
• Analyze costs, pricing, variable contributions, sales results, and the organization’s actual performance compared to the business plans for maintaining the financial health of the organization.
• Supervised bank facility and prepared cash flow analysis to recommend improvements; analyzed the income statement and recommended the means to decrease expenses.
• Ensure strong financial governance and maintain robust financial systems and processes to ensure integrity and accuracy of the organization financial statements (both statutory for legal entity and management).
• Develop the annual budget, control the operating cost, compare the actual achievement vs. budget and report to management on variances from the established budget along with the reasons for those variances.
• Review the structure of the finance division to ensure maximum efficiency; develop and implement financial accounting policies and procedures.
• Prepare monthly financial report, quarterly forecast, statement of financial position, and other reports to interpret current and projected organization’s financial position.
• Perform product costing for the purpose of customer pricing and approve the purchase orders and compare the supplier prices with the price used in the costing.
• Assist in business planning process across all business units and maintain the organization KPI performance of each department to ensure all business objectives and targets are met.
Notable Achievements:
• Played a key role in linking the Project Management Office of the Saudi Fund for Development to the Financial Controller.
Key Deliverables:
• Handled all accounting operations of the organization including supervising and managing general accounting activities, analyses and maintenance of effective internal controls while ensuring statutory compliance in all accounting initiatives.
• Reviewed and analyzed financial statements, tax information packages and all documentation to ensure precision and their compliance with countries’ regulations and organization’s procedures.
• Assisted in developing the organization’s annual plan and budget; also assisted in development and implementation of goals, policies, priorities & procedures related to financial management, accounting, and payroll.
• Ensure strong financial governance and maintain robust financial systems and processes to ensure integrity and accuracy of the organization financial statements.
• Ensure that critical financial analyses are performed to determine present and forecasted financial health of the organization; present potential scenarios and outcomes to the senior management team.
• Developed detailed accounting reports and submitted to management to provide needed information for operation monitoring and effective decision-making.
• Prepared detailed reports on organization’s financial performance on a quarterly basis, including balance sheets, and expenses.