Mohd Waleed` Abu Sharikh

Experience

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  Ibrahim Hamdan Auditing Office

  Jun 2000 - Aug 2001

  Accounting/Auditing

  Auditing Of Five Companies Preparing the Auditing Working Sheets Helping in Preparing the Financial Statements

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  Enmaa Real-estate Company

  Aug 2001 - Nov 2003

  Accountant

  Responsible For the Security Sector Accounting Containing three Departments (Static Security, Cash In Transit And Electronic Security). -Responsible Of The Full Accounting Cycle Of the Departments From Preparing Entries To Preparing the Financial Statements And Discussing them With The Assistants General Manager For Security. -Preparing the Annual Budget For the Sector And the Departments. -Comparing the Actual Figures With the Budgeted Amounts And Reporting the Variances. -Making An Income Statement For each Project For the Electronic Security Department. -Preparing the Invoices. -Controlling Inventory. Show less

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  AAYAN LEASING HOLDING

  Nov 2003 - Apr 2015

  Finance Manager

  My Main Role At the company is to direct and carry on the full accounting functions of the finance department, for the holding company and all its Kuwait subsidiaries. (A’ayan Kuwait Auto, Budget rent a car ( International franchise ), Rekab rent a car, Garage A’ayen ( Automotive Garage ), A’ayan Leasing Holding)Main Responsibilities:•Supervision of the finance department team, (More than 20 employees).•Reviewing and approving Monthly, Quarterly, and Yearly financial Statements.•Issuance of the Consolidated Financials.•Analysis of financial Reports & Discussing the variances with Senior Management and Department Heads.•Directing MIS team in the preparation of the Annual budgets.•Identifying areas of cost cutting and Business improvements.•Ensuring that all financial controls are met and adhered to at all times.•Giving advice, guidance and support to the company directors.•Monitoring company’s cash flows by preparing weekly, monthly, and yearly cash flows and comparing them to the expected.•Carrying Out the Internal and External Audit Requirements.•Preparing feasibility studies, decision Scenarios, and business Plans•Enhancement of the ERP system.•Involved with IT Department to analyze and develop new system functions and new controls. •Preparation of presentations of the financial data for the board of directors meetings.•Making sure that the Company is operating its Activities in Compliance with governmental rules and regulations. Show less

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  AL MANA Group

  Apr 2015 - Oct 2015

  Finance Manager

  My Role at the company is handling the Accounting and Finance activities of the following companies: * Hertz Rent Car. * Al Mana Used cars. * AL MANA MOTORS (FORD / Lincoln / Peugeot Dealer) * UNITED CARS AL MANA (Jeep / Chrysler / Dodge Dealer) 1) Supervision of the finance department team 2) Reviewing and approving Monthly, Quarterly, and Yearly financial Statements. 3) Identifying areas of cost cutting and Business improvements. 4) Work Flow enhancement 5) ERP System Enhancement 6) Policy and procedure setting 7) Collection Follow up (Manage Collection Department) 8) In House Finance (Give approval and manage Credit controls) 9) Analysis of financial Reports & Discussing the variances with Senior Management and Department Heads. 10) Monitoring company’s cash flows by preparing weekly, monthly, and yearly cash flows and comparing them to the expected. 11) Contacting Banks for Loans and LCs 12) Carrying Out the Internal and External Audit Requirements. 13) Preparing feasibility studies, decision Scenarios, and business Plans ( for Current and Future Locations) 14) Management of Postdated Chqs and Discounting in the Banks 15) Day to Day Work 1) Reduced the Purchase Prices for Car Purchases for Hertz Rent a car and saved More 1,500,000 QR through establishment and heading a Purchases Committee 2) Reduced the Prices of Tires By 20% by negotiations with the suppliers 3) Established a Fleet Plan for the Company with time lines for Buying and selling cars for better negotiation with the car dealers 4) Reduced Replacement Cost by Reviewing the Policies and procedures and suggesting the required changes. 1) Established a Committee for Bulk sales to Make sure that Company Gets the Best selling Prices 2) Reviewed Policies and procedures and Did Changes that resulted in Better Sales. 1) Post Dated Chqs Management 2) Established Collection department 3) Established Credit Control Department Show less

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  Gulf Buisness And recruitment group

  Oct 2015 - Jul 2018

  Chief Financial Officer

  Gulf Business Services and Recruitment Group (Kanee) started its operations in 1999 and for more than eleven years the company is providing Recruitment, Human Resources and Outsourcing Services to the labor market in Kuwait. KANEE is the first Kuwaiti closed joint-stock company with the capital of one million Kuwaiti dinars specialized in this field to meet the needs of its clientsRoles:1) Manage the Finance team2) Reviewing and approving Monthly, Quarterly, and Yearly financial Statements. 3) Identifying areas of cost cutting and Business improvements. 4) ERP System Implementation & Enhancement 6) Policy and procedure setting 7) Collection Follow up 8) Manage Cash Flow 9) Analysis of financial Reports & Discussing the variances with Senior Management and Department Heads. 10) Monitoring company’s cash flows by preparing weekly, monthly, and yearly cash flows and comparing them to the expected. 11) Contacting Banks for Loans and LCs 12) Carrying Out the Internal and External Audit Requirements. 13) Preparing feasibility studies, decision Scenarios, and business Plans.14) Prepare Budgets & Forecasts.15) Setting Companies Breakeven point16) Evaluating Business Lines17) Providing Management with Department wise & project wise Financials Show less

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  AAYAN Leasing KSA

  Jul 2018 - May 2022

  Chief Executive Officer

  Aayan Leasing Saudi Arabia and Daleel Rent A Car are prominent car leasing and rental companies in Saudi Arabia, With a combined fleet of over 2000 cars1)Oversee all aspects of operations, strategy, and growth for Aayan Leasing Saudi Arabia and Daleel Rent A Car.2)Lead the vision and mission of the companies, ensuring alignment with Aayan Leasing and Investment Group's objectives and values.3)Develop and implement strategic plans to enhance market presence, expand business operations, and maximize profitability.3)Manage a fleet of over 2000 cars, ensuring optimal utilization and maintenance.4)Lead and motivate a dedicated team, fostering a culture of excellence, innovation, and customer-centricity.5)Utilize expertise in the automotive industry to drive sustainable growth and success in the competitive Saudi Arabian market.6)Develop and maintain strong relationships with key stakeholders, including customers, suppliers, and regulatory authorities.7)Drive business development initiatives to expand market share and identify new revenue streams.8)Led the restructuring efforts of the companies, optimizing organizational structure, processes, and resources to improve efficiency, reduce costs, and enhance overall performance.9)Implement best practices in operations, finance, and human resources to ensure efficient and effective management of resources.10)Lead and oversee the implementation of technology solutions to enhance operational efficiency and customer experience.11)Stay abreast of industry trends and developments to identify opportunities and mitigate risks.12)Monitor and analyze financial and operational performance metrics to track progress against goals and drive performance improvements.13)Successfully transformed the companies from a state of losses to profitability through strategic initiatives, cost optimization, revenue enhancement strategies, and operational improvements. Show less

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  Rawahel Holding Company K.S.C ( Holding)

  Mar 2022 - now

  Chief Financial Officer

  Rawahel is a reputable transportation company in Saudi Arabia, specializing in providing Hajj and Umrah pilgrimage services. Known for its commitment to customer satisfaction and safety, the company offers a range of transportation options, including buses, vans, and private cars, to ensure a comfortable journey for pilgrims. With a focus on excellence and quality, it is a trusted partner for pilgrims traveling to Makkah and Madinah, providing logistical support and assistance to ensure a memorable pilgrimage experience.1)ensuring the financial health and sustainability of the organization2)responsible for overseeing all financial activities3)financial planning and analysis4)budgeting, forecasting5)financial reporting6)drive financial growth and profitability7)ensuring compliance with regulatory requirements and industry standards8)work closely with the executive team to develop and implement financial strategies that align with the company's overall objectives.9)managing financial risks10)optimizing capital structure11)identifying opportunities for cost savings and revenue enhancement.12)building and maintaining relationships with financial institutions13)play a critical role in shaping the financial strategy of the company and driving its long-term success in the Hajj and Umrah services sector in Saudi Arabia.14)In-depth understanding of Saudi and Kuwaiti regulatory frameworks, including zakat laws, enabling accurate financial planning and compliance with local tax obligations.15)Proficient in navigating the complexities of Saudi and Kuwaiti labor laws, ensuring adherence to regulations in areas such as employment contracts, wages, and working conditions.16)Experience in providing strategic guidance on Saudi zakat calculations and compliance, contributing to effective financial management and regulatory compliance for the organization. Show less