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Summary

A seasoned finance & accounting professional, U.S.  certified public accountant (CPA) & a certified management accountant (CMA) with a diverse & professional experience of more than 10  years in the accounting & finance fields with business leaders in banking, FMCG, oil & gas and insurance sectors.

Work History

Mednet, Healthcare Sector

may 2016present

Finance & Administration manager

Leading the organization's finance & administration department to oversee the financial management & control over the activities of medical healthcare services at Mednet:

  • Lead the budgeting process for the company by engaging the entire different departments of the company (HR, IT & operations) and achieved a forecast accuracy of 89% vs. actual results in 2017.
  • Managed the implementation of Oracle Financials from April 2017 to July 2017 with go-live date of August 2017.
  • Managed claims payment to UAE, Oman & International healthcare providers which exceeded 0.6 billion Dhs. in 2017, while ensured payments to healthcare providers in the UAE & Oman are done within acceptable turnaround times and achieved 76% of contractual turnaround time for UAE network healthcare providers and 91% of the targeted payment TAT to insured covered members.
  • Managed the risk reporting of the company and mitigated the risk by implementing risk-controlling measures to ensure exposure to risk is minimized.
  • Developed new financial policies, especially concerning internal controls for the company to ensure the company is carrying out its day-to-day operations as per the set internal control procedures and within an internal control framework.
  • Reported financial results  of the company on a monthly basis to Munich Re Underwriting Agents and integrated Oracle with Microsoft office to produce highly professional management reports.
  • Supported the General Manager in the decision making process and delivered a bottom-line cash flow saving of 1.8 million Dhs., by focusing on re-negotiating supplier contracts and third-party agreements.

Aramco Overseas Company, Oil & Gas Sector

Sep 2013may 2016

Sr. Project Controller (Business administrator)

Lead an EPC project valued at more than 276 million SAR and managed a business staff which includes; a cost engineer, an accountant, a scheduler, two document controllers, one IT admin and an HR admin. My responsibility, under the general direction of the Project Manager in assigned division or project, was to control and coordinate a variety of business-related activities, such as contract administration, cost control, project scheduling, estimating, and general administrative services such as human resources, budgets and accountability, management presentations, etc.

  • Setting & updating accounting policies & instructions for the company to ensure compliance with the latest international standards (IFRS) across the company.
  • Functional review and support of the due diligence process in major financial activities (e.g. M&A, spin-offs).
  • Financial analysis of joint ventures (JV) performance and provide support to the board of directors on financial decisions concerning the companies' performance and future plans. 
  • Full accounting & reporting of equity investments in JV's according to IAS28 (Investment in Associates & Joint Ventures) and IFRS 11.
  • SAP JV control and reporting - Inter-company profit analysis and support.
  • Supported the consolidation of Saudi Aramco's financial statements in accordance with IFRS10 and IFRS11. 
  • Finance operational excellence leader:  responsible for supporting the finance department's transition into a world-class finance organization.

Emerson Process Management, Manufacturing Sector

Apr 2013Sep 2013

Country Financial Controller

  • Managed a team of 3 finance professionals as part of the finance department within Emerson process management in Saudi Arabia.
  • Reported the financial statements for the local business to Emerson's HQ and ensured compliance with company and country's reporting , rules and regulations. 
  • Provided detailed financial analysis, comparing actuals to business expectations by BU and for KSA and reporting any material variances thereof. 
  • Ensured the corporation's ethics policy is followed for all financial transactions in KSA, ensuring all aspects of financial internal control are adhered to (e.g. SOX, FCPA etc.)
  • Filed income tax and WHT monthly returns, accurately and in a timely manner. 
  • Responsibility for all cost centers within the country and applied the allocation calculation within the site facilities. 
  • Site headcount reporting and control. 
  • Ensured completing of annual KPMG audit with nil non compliance comments by corporate due date.

Olayan Financing Company, Investment Management Sector

Oct 2012Apr 2013

Financial Analysis Manager

  • Performance supervision of Olayan industrial group of companies (approx. SR 2 billion in annual turnovers).
  • Financial analysis/ statement analysis & periodic financial forecasting for the group to support the growth of the business, including analysis of financial ratios such as Profit Margin %, Gross Profit Margin %, ROE, ROA, ROI (ROCE), DSO, DPO, EPS and other useful financial ratios.
  • Supported the decision-making process at an executive committee level by providing meaningful analysis and providing the financial perspective on decisions concerning performance, risk and internal control for the industrial group of companies.
  • Balance sheet audit review of the operating companies, ensured that all assets, liabilities & equities are accounted for according to local policies. 
  • Working capital management & safeguarding of company's assets including but not limited to: Cash & bank reconciliation, inventory & receivables reporting, tracking & analysis (e.g. DIO & DSO). 
  • Variance analysis of the group companies main financial KPI's. 
  • Financial modeling & spread sheeting to aid investment decisions in M&As.

Procter & Gamble, FMCG Sector

Dec 2009Jul 2012

Finance Manager

  • Cost analysis & forecast of P&G's products standard costs (prices, FX, Bill of materials etc.) and variances (Price variances, Usage variances etc.) to head office. 
  • Ensured manufacturing cost targets are controlled by proofing the actual costs & variances and addressing any deviations from plan to management and head office. 
  • Performance measurement of plant production costs. 
  • Carried out sensitivity analysis, NPV, IRR and other investment appraisal techniques to evaluate potential expansions & investments. 
  • Analyzed Inter-company sales; ensuring that inter-company sales mark-up target is achieved. 
  • Explored saving opportunities within product supply by leading loss analysis process at P&G site. 
  • SAP cost master data & pricing set-up leader.
  • Led more than two regional projects in product supply finance, leading a team from all across EMEA (Europe, Middle East & Africa).
  • Notable Achievements:
  • Forecast accuracy in fiscal year 2009/2010 of more than 98%.
  • Delivery of a regional competitive analysis report to understand the competition in FMCG sector, leading a multi-national team across Europe, Middle East & Africa
  • Saving of $600,000 in material utilization losses area.

National Commercial Bank, Banking Sector

Sep 2005Mar 2008

Financial Analyst

  • Forecasted annual and rolling monthly operating budgets (retail banking sector).
  • Analysis of actual expenses versus the forecast & address any deviations from plan to division financial controller. 
  • Budget actuals proofing & performance management reporting to management. 
  • capital expenditure budgeting and actual cost proofing. 
  • Accounts payable, accruals and other liabilities leader. 
  • Processed general ledger account entries for the retail banking sector. 
  • Processed payments to suppliers for different departments (marketing, ATM etc.).

Education

University of Southampton

20082010

Masters of science (MSc.)

Accounting & Finance (Full time)

Graduated

CBA, University of Business & Technology

20032007

Bachelor of Business Administration (BBA)

Finance

GPA : 4.73 / 5.0 (Second Honors)

Certifications

Washington State Board of Accountancy

Nov 2014Present

Certified Public Accountant (CPA)

License No. 33170

www.cpaverify.org

Institute of Management Accountants

Nov 2012Present

Certified Management Accountant (CMA)

License No. 37923

www.imanet.org

ACCA

Jan 2013Present

Association of Chartered Certified Accountants

9 out of 13 papers complete, expected completion date : December 2019

Skills

PROFESSIONAL SKILLS

  • Professional leadership skills to lead finance & accounting teams to deliver and achieve company targets.
  • Strong practical experience in financial reporting according to local laws, US GAAP & IFRS.
  • Excellent experience in budgeting, costing and preparing financial forecasts with sound financial & analytical judgment to ensure data reliability.
  • Knowledge & experience of regulatory and local tax & U.S. statutory tax reporting requirements (e.g. Zakat/tax returns, withholding tax returns, U.S. tax returns).
  • Strong knowledge & experience in applying internal control principles and standards (e.g. SOX, FCPA & PCAOB standards etc.) statutory reporting requirements for multinational companies.
  • Professional experience in preparing performance measurement and monthly financial data analysis reports with exceptional integration between financial reporting and Microsoft office spread sheeting to produce highly professional financial reports for management.