Mustafa Deodate , CFA

Experience

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  Ali Zaid Al-Quraishi & Brothers Co LTD

  Nov 1998 - Jul 2009

  Senior Accountant

  • Involved in preparation & closure of monthly financial statements & audit reports. • Reconciled monthly accounts and monitored general ledger transactions. • Liaised with the controller to ensure accuracy & integrity of financial information.• Generated periodic financial reports for the senior leadership team.• Developed customized chart of accounts and ensured compliance to accounting procedures.• Maintained monthly accruals, adjustments, bank reconciliation and amortization schedules.• Coordinated with external/ internal auditors and bank representatives. Show less

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  Swicorp

  Oct 2009 - Sept 2016

  Financial Controller

  • Reported directly to CFO • Involved in development of monthly/quarterly financial statements, financial forecasts and budgets.• Coordinate general accounting functions with regards to AR/ AP, account reconciliation and cash management. Prepare business plans, P&L, balance sheet and liquidity plans.• Evaluate, integrate & administer new applications to the financial management systems. • Render financial, commercial & strategic support to the business and generate various reports.• Ensure production of monthly management accounts, budgets, forecasts & tax returns including presentation of monthly results, budget variances and analysis.• Monitor accounts receivables/ payables. Coordinate with internal/ external auditors and bank representatives.• Groom/ mentor team members and conduct training sessions aligned to business requirements. Show less

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  BRC Industrial Saudia

  Oct 2016 - now

  Finance Director at BRC Industrial Saudia

  • Reported directly to CEO and Audit Committee, when required.• Managed a team of 10 staff and was held responsible for the performance of Finance Department.• Develops Financial and Dashboard Reports.• Manages preparation and communication for all internal and external financial reporting.• Develop and maintain supporting documents for all financial reports and evaluate it for various departments and committees.• Research and resolve accounting issues including evaluation and implementation of new accounting pronouncements to ensure IFRS and GAZT compliance • Manage communications with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.• Perform continuous assessment of the close process and process re-engineering to reduce the timing to close the financial period.• Coordinate, develop and update written policies and procedures over the financial reporting process.• Develop regular financial reports and analysis forecasting and trending budget performance• Lead development of planning and budgeting process, including the development of the budget manual and templates Show less