Abdulmontalip Abdullah Salama

Finance Manager - CFO

Address: Jeddah, K.S.A

Mobile: +966-0582510002

Email: adkhat@r.postjobfree.com

Career Objective

To contribute relevant experience and education background to my working field. Looking to join a well-organized structure to participate in achieving the corporate objectives through strategic finance management. My commitment to a quality work will be assisting in translating the strategies into actionable programs. And to be:

- Responsible for accounting, financial and treasury functions.

- Implement the financial policies.

- Prepare the Company/s budget.

- Responsible for periodical Financial Reports & analysis related.

- Performance Management

Personal Information

Nationality : Egyptian

Birth Date : 29/09/1977

Gender : Male

Marital Status : Married & have 4 children

Military Status : Completed

Background

19 Years’ experience.

BOD Meetings.

IFRS & VAT

Consolidation Finance.

Budget:

oPrepare the Group budgets (by Company by Cost Center and consolidated) including P&L, Balance Sheet, Cashflow and Ratios Related.

oPrepare the company master-budget through consolidation of various functional/ departmental budgets.

oPrepare the manpower budget by cost center,

oPrepare the comparative Budget Report with prior years.

oPrepare and control Variance Reports compared with Actual expenses.

oReview the Budget with Actual Expenses to ensure achievement of Company objectives.

oPrepare the periodic financial position of the company through the preparation of monthly/ annual financial reports and statements according to international accounting standards.

oDesigning chart of accounts to present all accounts needed to reflect the company activities in coherent manner.

oAssisting the Group Finance Manager to implement and develop systems and procedures.

oUnderstanding and implementing Established Financial Policy, Procedures and Rules.

oProviding necessary financial analysis to the management on various activities.

oTo apply the Accounting system Designed,

oPrepare any other periodical Accounting Statements and reports as required by the management.

oTo ensure accuracy and authenticity of the Financial Documents

oTo determine the Accounting entry in each transaction and approve the entry voucher.

oTo supervise posting and processing of Accounting Entries and the proper filing and preservation of documents.

oDesigning & monitor internal control systems & set controls for all types of transactions occurred inside the company.

oTo adjust monthly accrual accounts accounting to a standard checklist using approved rates in accumulation of depreciation, amortization and other significant accrued costs.

oPrepares Zakat declarations.

TREASURY ISSUES:

oManaging the company cash flow report.

oResponsibility for ensuring the viability at all times by ensuring optimum liquidity is available to meet the due obligations on time

oReview the daily Cash report.

oMonitor Bank account balances of the various banks and propose appropriate transfers if required.

oControl the actual payments comparing with the forecast payments.

oReview the monthly bank reconciliation statements.

Financial Analysis.

Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation.

Verifies assets and liabilities by comparing items to documentation.

Completes audit work papers by documenting audit tests and findings.

Appraises adequacy of internal control systems by completing audit questionnaires.

Maintains internal control systems by updating audit programs and questionnaires, recommending new policies and procedures.

Communicates audit findings by preparing a final report, discussing findings with auditees.

Complies with federal, state, and local security legal requirements by studying existing and new security legislation; enforcing adherence to requirements; advising management on needed actions.

Prepares special audit and control reports by collecting, analyzing, and summarizing operating information and trends.

Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

Contributes to team effort by accomplishing related results as needed.

Prepares asset, liability, and capital account entries by compiling and analyzing account information.

Documents financial transactions by entering account information.

Recommends financial actions by analyzing accounting options.

Summarizes current financial status by collecting information, preparing balance sheet, profit and loss statement, and other reports.

Substantiates financial transactions by auditing documents.

Maintains accounting controls by preparing and recommending policies and procedures.

Guides accounting clerical staff by coordinating activities and answering questions.

Reconciles financial discrepancies by collecting and analyzing account information.

Secures financial information by completing data base backups.

Maintains financial security by following internal controls.

Prepares payments by verifying documentation and requesting disbursements.

Answers accounting procedure questions by researching and interpreting accounting policy and regulations.

Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.

Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.

Maintains customer confidence and protects operations by keeping financial information confidential.

Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

Accomplishes the result by performing the duty.

Contributes to team effort by accomplishing related results as needed.

Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations

Determine internal audit scope and develop annual plans

Obtain, analyze, and evaluate accounting documentation, previous reports, data, flowcharts

Prepare and present reports that reflect audit’s results and document process

Act as an objective source of independent advice to ensure validity, legality and goal achievement

Identify loopholes and recommend risk aversion measures and cost savings

Maintain open communication with management and audit committee

Document process and prepare audit findings memorandum

Conduct follow up audits to monitor management’s interventions

Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards

Handle the complete account departments and their employees

Apply all the latest accounting laws and procedures

Develop accounting procedures specific to their own company

Teach the new accounting programs to the new employees

Help with calculations of the taxes

Report any financial discrepancies to the proper authorities

providing and interpreting financial information

monitoring and interpreting cash flows and predicting future trends

analyzing change and advising accordingly

formulating strategic and long-term business plans

researching and reporting on factors influencing business performance

analyzing competitors and market trends

developing financial management mechanisms that minimize financial risk

conducting reviews and evaluations for cost-reduction opportunities

managing a company's financial accounting, monitoring and reporting systems

liaising with auditors to ensure annual monitoring is carried out

developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers, and statutory organizations such as the Inland Revenue

producing accurate financial reports to specific deadlines

managing budgets

arranging new sources of finance for a company's debt facilities

supervising staff

Keeping abreast of changes in financial regulations and legislation.

Work Experience

Jan 2012 to June 2020 Chief Accountant (assigned CFO from 01-2018)

Employer

: Red Sea Markets Co. Ltd. – Red Sea Mall – One of SEDCO Holding Companies

Employer Country

: Jeddah, KSA

Job Description

: Manage Finance Department.

May 2008 to 2011 Accountants Supervisor

Employer

: United Matbouli Group (Samsung & Terim)

Employer Country

: Jeddah, KSA

Job Description

: Manage Purchases & Logistic Department accounts.

2006 to 2008 Accountant A

Employer

: Alesayi Motors (Mitsubishi)

Employer Country

: Jeddah, KSA

Job Description

: Catch Foreign Creditor's Books for spare parts, vehicles and industry equipments

2005 to 2006 Chief Accountant

Employer

: Alhuda Est.

Employer Country

: Jeddah, KSA

Job Description

: Manage accounts department teamwork and prepare final financial statements.

2004 to 2005 Senior Auditor

Employer

: Ibrahim Abu Sha'ar Auditors

Employer Country

: Jeddah, KSA

Job Description

: Audit and prepare final statements for the following confirms:

Alesayi Motors.

Alesayi Marketing.

Alesayi Electronics.

Aqar Development (Contracting Company).

National Company for Biscuits and Pastries Manufacture.

Yami Group (Whole Sales Companies & Contracting Company).

2003 to 2004 Junior Auditor

Employer

: Ibrahim Abu Sha'ar Auditors

Employer Country

: Jeddah, KSA

Job Description

: Audit and prepare final statements for the following confirms:

Alesayi Motors.

Alesayi Marketing.

Alesayi Electronics.

Aqar Development (Contracting Company).

National Company for Biscuits and Pastries Manufacture.

Yami Group (Whole Sales Companies & Contracting Company).

Years of Experience

19 Years

Education

University Degree : Bachelor of Commerce

University : Tanta University - Egypt

Faculty : Commerce

Major : Accounting & Finance

Graduation Year : 2001

Languages

Arabic : Mother Language

English : Good

Computer

Computer Skills : Very Good.

Microsoft : Very Good.

Accounting Programs : Very Good.

Skills

Audit, Legal Compliance, Documentation Skills, Attention to Detail, Reporting Research Results, Thoroughness, Presentation Skills, Financial Software, Corporate Finance, Objectivity

Accounting, Corporate Finance, Reporting Skills, Attention to Detail, Deadline-Oriented, Reporting Research Results, Confidentiality, Time Management, Data Entry Management, General Math Skills

Proven working experience as Internal Auditor

Advanced computer skills on MS Office, accounting software and databases

Ability to manipulate large amounts of data and to compile detailed reports

Proven knowledge of auditing standards and procedures, laws, rules and regulations

High attention to detail and excellent analytical skills

Sound independent judgment

commercial and business awareness

excellent communication and presentation skills

an analytical approach to work

high numeracy and sound technical skills

problem-solving skills and initiative

negotiation skills and the ability to influence others

strong attention to detail and an investigative nature

the ability to balance the demands of work with study commitments

good time management skills and the ability to priorities

the ability to work as part of a team and to build strong working relationships

the capacity to make quick but rational decisions

the potential to lead and motivate others

Availability

Availability : Immediately

Contact this candidate