Mohammed Al-Shuraihi, CAT

Experience

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  Tamam for Building Maintenance and Cleaning Services

  Apr 2014 - May 2015

  General Accountant

  Pioneered the establishment of the accounting section from inception, laying the foundation for precise financial management.Formulated and enacted financial policies, bolstering transparency and ensuring alignment with industry standards.Performed daily accounting duties, including journal entries, petty cash management, payments, and bank transfers, maintaining the integrity and accuracy of financial records.Implemented an efficient accounting system, streamlining processes for recording and managing financial transactions.Introduced online transfer and payroll banking systems, optimizing payment procedures and improving operational efficiency.Generated monthly financial reports, encompassing balance sheets, income statements, and sales reports, furnishing valuable insights into financial performance.Directed budgeting processes, facilitating effective resource allocation and strategic financial planning.Managed payroll entries and end-of-service provisions, guaranteeing precision and compliance with regulatory requirements.Effectively utilized accounting software systems such as Smac Accounting system and Xero Accounting system, enhancing productivity and ensuring accuracy.Handled settlement entries, meticulously recording and reconciling financial transactions to maintain financial integrity. Show less

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  IYA Investment Company

  Jun 2015 - Dec 2019

  Diligently reviewed and verified the accuracy of journal entries, bank reconciliations, sales reports, and expense reports, upholding financial integrity.Efficiently handled depreciation entries, monthly adjustments, and inventory adjustments, enhancing asset management procedures.Guaranteed the precision of the final trial balance, enabling accurate financial reporting and informed decision-making.Conducted meticulous reviews of payroll entries, end-of-service provisions, and settlements to ensure adherence to regulatory standards. Show less Effectively managed journal entries, sales reports, sales invoices, and petty cash reviews, maintaining detailed financial records with precision.Oversaw transportation memos, payments, and bank reconciliations, guaranteeing seamless financial transactions.Handled payroll entries, end-of-service provision entries, and settlement entries with accuracy and in compliance with regulations.Utilized the Delta Accounting system and Netsoft Accounting system adeptly, optimizing accounting procedures and improving efficiency. Show less

  • Chief Accountant

    Jan 2019 - Dec 2019

  • General Accountant

    Jun 2015 - Jan 2019
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  Self-Financing Fund Development at KFMC

  Dec 2019 - now

  Responsible for the timely and accurate preparation of financial statements and consolidated accounting reports on monthly, quarterly, annual, and ad-hoc bases, in collaboration with various business units.Handles all financial entries, including journal entries, postings, and ledger entries, ensuring precision and completeness in financial records and computerized systems.Designs budget formats and maintains analytical reports to oversee and manage performance, aligning with organizational objectives.Ensures adherence to generally accepted accounting standards, company policies, and procedures to uphold integrity and accuracy in financial reporting.Establishes and maintains robust audit trails, verifying and reconciling all processed work to guarantee the accuracy and completeness of financial records.Manages the payable section, supervising payment transactions and conducting periodic reconciliations with suppliers to manage accounts payable effectively.Oversees accounting activities and reporting for inventory, fixed assets, receivables, treasury, and cash flows, implementing controls to protect assets and uphold financial stability.Files tax forms, including ZAKAT, and reports with government agencies, ensuring compliance with regulatory requirements and deadlines.Prepares financial analysis and reports for internal and external audit purposes, addressing inquiries from regulatory bodies to ensure transparency and accountability.Demonstrates flexibility and adaptability by performing additional tasks and duties as assigned by superiors to meet evolving organizational needs and priorities. Show less Conducted an in-depth analysis of current donation tracking processes, pinpointing inefficiencies and areas ripe for enhancement.Collaborated with cross-functional teams to delineate requirements and objectives for an improved system.Researched and assessed various donation-tracking software solutions to pinpoint the optimal fit for our organization's needs.Guided the selection process and closely collaborated with IT teams and external vendors to seamlessly implement the chosen system.Supervised the customization of the donation tracking system to harmonize with our distinct fundraising requirements and seamlessly integrate it.Ensured data integrity and precision throughout the migration phase.Crafted comprehensive training materials and led workshops to familiarize staff members with the functionalities and workflows of the new system.Leveraged the new system's capabilities to produce detailed reports and analytics on donor contributions, campaign efficacy, and fundraising patterns.Implemented robust controls and protocols within the donation tracking system to adhere to regulatory standards and donor specifications.Augmented transparency and accountability in fund usage and reporting processes. Show less Successfully spearheaded the rollout of a new ERP system, revolutionizing financial operations and driving efficiency across departments.Crafted comprehensive policies and procedures for revenue management, guaranteeing precision and adherence to regulatory guidelines.Produced detailed monthly reports encompassing revenues, expenses, petty cash management, and bank balances, furnishing key insights for strategic decision-making.Championed a departmental transformation initiative, optimizing workflows and elevating overall performance standards.Introduced an innovative online payment gateway, simplifying transactions and heightening convenience for clients and stakeholders.Implemented strategic initiatives to bolster revenue collections across departments, resulting in heightened profitability and financial robustness.Pioneered the establishment of an online store to offer services, diversifying revenue streams and broadening our reach.Expertly managed financial transactions utilizing the QuickBooks accounting system, ensuring punctual and accurate financial reporting and analysis. Show less

  • Chief Accountant

    Jan 2023 - now

  • Accounting Supervisor at SFFD

    Dec 2020 - Jan 2023

  • Senior financial coordinator

    Dec 2019 - Dec 2020
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  Booklet.sa

  Jan 2020 - now

  Co-Founder

  API Booklet is a compliant electronic invoicing system compatible with the Kingdom's technical systems and capable of working with application interfaces. Booklet issues electronic invoices and allows for the exchange and storage of invoices, credit notes, and debit notes between the seller and the buyer electronically in compliance with national laws and regulations.Managed the administration of the Booklet system, covering accounting, invoicing, and inventory management, and ensured seamless integration with other systems.Handled sales activities, including engaging with companies and clients, and conducted system demonstrations to facilitate understanding and adoption.Prepared feasibility studies and financial statements for the project, while also engaging with investors to secure capital investments.Collaborated with developers to validate built modules, oversaw updates, addressed technical issues, and coordinated with programmers for resolution, ensuring smooth integration with other technical systems.Oversaw the recruitment of sales personnel and programmers internally and externally, aligning with project requirements.Served as the linchpin for the entire project, overseeing all aspects of the system and ensuring cohesion between accounting and programming teams. All inquiries and developments were routed through for guidance and resolution. Show less

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  Self Resources Limited Company (SRLC)

  Sept 2021 - now

  Accounting Supervisor

  Instituting the accounting division involved the development of protocols, procedures, and the organizational framework.Implemented an accounting software system to streamline financial operations and ensure precise transaction recording.Overseeing the management and execution of a payment framework to efficiently monitor outgoing funds.Introduced a bank payment system to facilitate secure and effective financial transactions.Ensuring the accuracy of the audit trail post-accounting team's activities and reconciliations.Coordinating with external auditing entities to aid in the creation of yearly financial statements.Created a system to manage receivables for both individuals and corporations.Produced financial reports to offer insights into the organization's financial standing.Conducted audits on financial payments to uphold policy compliance and transaction precision. Show less

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  Riyadh Second Health Cluster تجمع الرياض الصحي الثاني

  Jan 2024 - now

  Advisor - Accrual Accounting

  Currently, I am spearheading the implementation and training initiatives for the accounting team, focusing on the application of accounting principles and guiding them in accurately recording invoices, journal entries, and receipts.I provide ongoing comprehensive training on the accrual basis of accounting, ensuring the team comprehensively grasps and effectively applies the concept in their daily tasks.My responsibilities extend to overseeing the entire accounting process, from recording transactions to completing the audit trail and finalizing financial statements.I am actively involved in developing and implementing standard operating procedures (SOPs) for the accounting department, ensuring workflow consistency and efficiency.Continuous review and evaluation of accounting procedures are integral to my role, identifying areas for improvement and implementing necessary changes.Collaboration with cross-functional teams is paramount to ensure alignment between accounting processes and organizational objectives.I play a pivotal role in ensuring compliance with accounting regulations and standards, including GAAP (Generally Accepted Accounting Principles) and IPSAS (International Public Sector Accounting Standards).Providing ongoing guidance and support to team members is essential in fostering a collaborative and high-performing work environment.I regularly prepare and present financial reports to management, delivering insights and analysis to facilitate decision-making processes.Leading the reconciliation process is another key aspect of my role, where I ensure the accuracy and integrity of financial data.Acting as a primary liaison between the accounting department and external auditors, I facilitate smooth audit processes and promptly address any audit findings. Show less