Accounting Financial

EMAD ABDUL-AZIZ SADAQAH

Saudi Arabia, Dammam • +966-*-***-**-*** • *************@*****.***

Senior Executive: Accounts and Finance

Dynamic and resourceful professional with extensive experience of 18+ years in accounting and financial management for large- scale business operations. Demonstrated expertise in heading finance function, defining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial control. Insightful experience pertaining to end-to- end accounting of organization, which includes payables and receivables management, bank reconciliations, closure of book of accounts, preparation of financial statements, etc. Adroit in handling complex accounting and financial data to provide reliable business information, strengthen financial reporting and maintain compliance with statutory guidelines. Extensive exposure in the multi nationality companies which has improved & settled personal skills in communicating and coordinating with the people from various cultures & environments. Skilled at leading cross-functional teams and encouraging employees and staff to perform competently. Exploring challenging opportunities to work in a senior managerial role, with a view to utilize a strong set of transferable skills in financial planning and management. Key Skills

Accounting Standards

Financial Reporting

Accounting Procedures

Financial Analysis

Cost Optimization

Interpersonal Skill

Expense Estimations

Cash-flow Management

Accounts payable

Management Reporting

Accounts receivable

Cost Accounting

Budgetary Control

Cost Analysis

Financial Accounting

IFRS Compliance

Budgeting & Forecasting

Team Management

Professional Experience

Finance manager - (March 2013 – September 2017)

Aesseal Saudi Arabia Co. Ltd., Dammam, Saudi Arabia. Highlights:

Successfully managed & supervised the process of rectifying the stock records & balances.

Effectively developed and implemented a new inventory control system.

Diligently rectified petty cash procedure and developed a new cash management & control system.

Played a stellar role in analysis and execution of new policies and procedures in the finance department.

Piloted to bring all finance departments work into daily basis. Key Responsibilities:

Financial Management

Oversee the development and implementation of policies, procedures and controls covering all areas of finance so that all relevant procedural/legislative requirements are fulfilled.

Efficiently direct the finance function & coordinate for the relevant internal control operations.

Effectively determine the financial goals, objectives and formulate the overall financial strategy. Develop & review the annual budgets & forecasts, with the supporting tables and explanations.

Efficiently monitor the execution of the budgets and evaluate the actual performance against the budgeted numbers. Financial Administration

Establish & apply a strong cash management system. Design & refine the costing systems based on the company’s actual operations flow.

Regularly liaise with banks & complete all necessary banking documentations to ensure the smooth flowing of the banking transactions and services. Ensure the accuracy of the general ledger and adherence to the accounting rules & standards.

Diligently reconcile bank statements and rectify all discrepancies. Financial Reporting

Successfully develop & prepare the necessary reports to summarize & evaluate the business financial position. Prepare the final trail balance for internal and external reporting purposes.

Review & discuss all reports, policies & procedures, directly with the Head Quarter in the UK Rotherham.

Effectively monitor the day to day financial transactions. Ensure prompt monthly, quarterly and annual closing of books of accounts, lead the preparation of the statement of financial position and variance explanations. Internal Control

Ascertain that a strong and efficient control and procedure system is operational by conducting a frequent updates on the entire system.

Effectively conduct the required control on the Inventory to guarantee the accuracy & correctness of the daily transactions.

Exercise a strong control over accounts receivable, ensured payments from customers are received as per the prescribed credit norms of the company.

Auditing

Coordinate & lead the Auditing missions (External / Internal) and review the findings report with the Auditing team.

Ascertain full compliance with standard accounting practices and procedures, assisted auditors by providing documents and reports during audits.

Provide valuable support for audits and coordinate for the finalization of various account statements.

Interact with auditors and function as key contact by supporting them with explanations during the audit process. Senior Accountant (September 2010 – February 2013) Crowncork & Seal Corporation (Crown Arabia Can Co. Ltd), Jeddah, Saudi Arabia Key Responsibilities:

Accounting

Coordinated operations of the accounting department, & ensured accounting standards are followed.

Monitored daily transactions and ensured their proper treatment in accounting books, maintained accurate record of transactions.

Diligently communicated and reconciled with relevant authorities and ensured compliance to all accounting and internal control procedures. Efficiently monitored and coordinated for daily accounts department work.

Effectively liaisoned with banks and resolved all pending issues. Reconciled bank statements and rectified all discrepancies. Processed and settled all suppliers’ invoices and all transactions by ERP system. Financial Analysis

Organized and maintained accurate company accounting records. Investigated, analyzed and dealt with financial irregularities.

Ascertained that the finance department functions efficiently and ensured all business processes beyond that function align with organizational goals of maintaining positive cash flows and maximizing profitability. AR and AP Management

Oversaw the accounts receivable and payable functions, maintained appropriate balance to ensure that all payables are adequately covered by receivables in any given accounting period.

Obtained invoices from vendors and suppliers, formally communicated with external entities to resolve invoicing discrepancies (if any) and released payments as per the credit policy of the company.

Expedited receivables / dues from debtors / customers, prepared and forwarded invoices in time to facilitate cash inflows as per the credit policy and improved debtors’ turnover ratio. Senior Accountant (August 1999 – August 2010)

Saudi Plastic Products (Sappco) – Olyan Group, Dammam, Saudi Arabia Highlights:

Successfully completed the execution of a new ERP system – MFGPRO.

Actively participated in refining the company system.

Played a pivotal role in controlling and training other team members on the new ERP system. Key Responsibilities:

Successfully prepared monthly and yearly set of financial statement (Balance sheet, Income statement, Statement of cash flows), and supporting reports. Examined future vision and developed the yearly master budgets.

Efficiently organized, verified and processed accounts payables, receivables, expenses revenues fixed assets. Directed and ensured the monthly end closing process and produced the adjusted trial balance.

Prepared monthly account reports and reconciliation in accordance with generally accepted accounting principles and statutory requirements. Perform bank reconciliations to determine any inaccuracies of the bank statements.

Diligently reconciled accounts identified discrepancies and rectified errors. Prudently controlled and processed finance department work by using (ERP) system. Regularly controlled and produced the various types of the costing reports. Education

University degree – Accountancy, Zarqa Private University – Zarqa, Jordan, August 1998 Professional Development

TRAINING COURSES AND WORKSHOPS:

English Language Course, The Horizon institute, Dammam, August /September - 2005

English Language Course, Al-Hamadi Languages Institute, Dammam, November 2005 till March 2006

Introduction course to the new accounting standards IFRS, Mercure Hotel, Khobar, January 2016

One day seminar for the new tax system VAT, Meridian Hotel, Khobar, January 2016

Two days training course of VAT regulations, Al-khobar Dec, 2017. Personal Details

Nationality: Jordanian

Date of Birth: 21 February, 1977

Marital Status: Married

Languages: Arabic and English

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