Group Finance Director
AbuNayyan Holdign Company
Total years of experience :16 years, 6 Months
• I am responsible for the finance management and control of all statutory and regulatory requirements for the Saudi and Bahrain Location
• Managing the budgeting and forecasting process for the company with over USD 0.5 billion
• Supporting the delivery of services and ensuring delivery quality in terms of accuracy, completeness and timeliness on a daily basis.
• Responsible for the development and training of all employees under this department
• Working with Project Accountants to ensure all projects are set up correctly in GBS as per the contractual terms and that any statutory requirements are understood and correctly accounted for.
• Responsible for the following deliverables:
- Monthly reconciliation of all balance sheet account in all entities
- Complies with approved Delegation of authorities when processing invoices
- Meet all regulatory requirements and ensure all filings are accurate and filed on time
- Ensure that adequate and appropriate controls are in place and followed to ensure accurate reporting of the results.
- Review all provisions and Accruals on a monthly basis to ensure they are appropriate and accurately recorded
- Ensure Accounts payable, Accounts receivable, Payroll and Payments function are effectively runs and appropriate controls and processes are in place.
- Manage the preparation of the Cash flow for each entity
• Identifying, recommending and developing improvement solutions.
• Completing regulatory task such as internal / external audits, and to provide information and answers as per required (or as assigned by management).
• Dealing with multiple tasks whiles meeting reporting deadlines
• Supporting management & Corporate initiatives in promoting and cultivating a high performance culture by getting involved in:-Training, Seminar, Workshop, Team-Building
•Supervise and manage the revenue and PNL report •Meeting the customer and satisfy their needs •Manage the
cost allocation and reduction •Manage teams with different backgrounds & mentality •Strategic planner to reduce
the overdue AR balances •Improve the process of billing, pricing, and controlling •Oversees the commission policy
for the team •Perform revenue, cost, and expense analysis •Assure timely and accurate invoicing •Make
recommendations to improve quality of invoicing and collection procedures •Reviewing and approving new
contracts •Budgeting & KPIs •Develop internal policies to enhance internal control & standardize the code of
conduct •Supporting operation team with analysis & recommendations •Leading collection department and credit
controller •Providing trends and forecasts; explaining processes and techniques; recommending actions •Oversees
the revenue recognition •SAP implementation team •Accounting systems: Vale, Manual, and under SAP process
•Ensure timely and accurate bookings and perform monthly closing activities to report US GAAP financials to Regional Management in Europe and the consolidation team in the United States
•Perform and/or review specific account analysis and reconciliations on a periodic basis to ensure compliance with internal policies, Sarbanes-Oxley (SOX) and internal control system standards.
•Support the external auditors during the annual statutory audit, including preparation of financial statements, respective documentation and assistance during the audit process.
•Perform analysis on operating expenses by cost center and division to support the financial analysts
•Key contact person for numerous internal stakeholders such as shared service centers, internal audit, Group consolidation team, payroll, tax and treasury
•Assist the Chief Financial Officer in leading the accounting team
•Ad-hoc tasks and projects as required
•Payroll issues handling and timely resolution,
•Assist the Financial Planning team on headcount and cost center expense analysis
•Review disbursement transactions including compliance with financial controls and Foreign Corrupt Practice Act (FCPA requirements),
•Manage audit processing of employee expense reimbursements and American Express activity monitoring,
•Manage monthly expense budget versus actuals, including but not limited to sponsorship activities and its financial compliance approvals,
•Monthly accruals process,
•Work with Shared Service center for payment processing, follow up and timely conflict resolution,
•Timely identification and resolution of disbursement related issues
•Assure timely collection of monies due to corporation.
•Assure timely and accurate invoicing.
•Manage cash application making sure all cash receipts are applied properly
•Make recommendations to improve quality of invoicing and collection procedures.
•Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustments
Conducting assigned audit engagements successfully from beginning to end• Identifying and communicates issues raised, offering recommended solutions relevant to business and risk• Supervising junior auditors assigned to engagements providing guidance and overall review of deliverable• Ensuring audit conclusions are based on a complete understanding of the process, circumstances, and risk• Developing audit programs and testing procedures relevant to risk and test objectives.• Obtaining and reviewing evidence ensuring audit conclusions are well-documented• Ensuring adherence at all times to all applicable department and professional standards• Communicating assigned tasks to engagement team in a manner that is clear and concise ensuring high quality, accurate, and efficient results• Organizing personal effort along with those of junior auditors to be risk-based, productive, and efficient at all times• Analyzing and forecasting the business risk• Conducting profitability analysis• Performing other related duties as assigned.
• Planned strategically, designing the organizational structure and achieving the center's goals and objectives• Managed daily activities, cash handling, fundraising, and managing other non-financial operations• Controlled the budget, compiling, analyzing accounting records, and performing cost-benefits analyses• Motivated volunteers, employees, and visitors• Maintained a documented system of accounting policies and procedures.
Auditing utility bills for more than 10, 000 accounts at Utility Cost Management Consultant, and using my Excel skills such as: Regression analyses, Solver, PivotTable, Sensitivity test, and @Risk• Utility bill analysis and cost-reduction discovery• Identification of billing errors, overcharges, and account alternatives• Provide clients with written recommendations with supplemental client interaction.
• I was elected to be the official voice of the graduate and professional student body at the Southern Utah University. Tackle issues specific to graduate and professional students and provide venues for interaction beyond the academic realm. Participated all Graduate Student Government meetings, Senate meetings, and Graduate Council and University Graduate Curriculum meetings. Disseminated with due diligence all communications between Graduate School and their department/school.
Under graduate courses in accounting (51 credits)