Experience

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  Al-maslamani for transport and supply

  Mar 2013 - Apr 2014

  Treasury accountant | debt management

  Key Highlights: - Cash Management: Monitoring and managing the company's cash flow to ensure sufficient funds are available for day-to-day operations and strategic investments.- Banking Relationships: Establishing and maintaining relationships with banks and financial institutions to facilitate banking transactions, negotiate terms, and secure credit facilities if needed.- Financial Forecasting: Creating cash flow forecasts and financial models to predict future cash needs and identify potential surpluses or deficits.- Risk Management: Assessing and managing financial risks, including interest rate risk, currency risk, and credit risk, and implementing strategies to mitigate them.- Investment Management: Evaluating investment opportunities and recommending appropriate investment vehicles to maximize returns on surplus cash.- Debt Management: Managing the company's debt, including loans and credit facilities, and ensuring timely payments and compliance with covenants.- Financial Reporting: Preparing accurate and timely financial reports related to treasury activities, including cash balances, cash flows, and investment portfolios.- Compliance: Ensuring compliance with financial regulations, accounting standards, and internal policies governing treasury operations.- Documentation: Maintaining comprehensive records and documentation related to treasury transactions.- Payment Processing: Overseeing payment processes, including vendor payments, and payroll disbursements.- Cash Forecasting: Developing short-term and long-term cash forecasts to guide financial decision-making.- Working Capital Management: Optimizing working capital by managing accounts receivable.- Tax Planning: Collaborating with tax professionals to develop tax-efficient treasury strategies and minimize tax liabilities.- Treasury Policies: Assisting in the development and implementation of treasury policies and procedures to safeguard financial assets and streamline treasury operations. Show less

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  El amin for gelatin

  Jun 2014 - May 2017

  Senior cost accountant | compliance assurance

  Key Highlights: - Cost Accounting Systems Oversight: I assumed the role of developing, enhancing, and meticulously maintaining our cost accounting systems, documentation, and records. This was imperative for ensuring the precision and efficiency of our accounting procedures.- Contributions to HR Tasks: I actively participated in various departmental administrative functions, including conducting personal interviews with potential candidates. My role extended to assessing their technical proficiencies and compatibility within the team, with my insights playing a part in final hiring decisions.- Cost Analysis and Efficiency Enhancement: My role necessitated an in-depth examination of our company's cost structure. I was tasked with identifying areas of inefficiency and recommending strategies for cost reduction and operational efficiency, ultimately aimed at maximizing profitability.- Internal Cost Auditing: I diligently conducted routine internal audits of our cost data. My objective was to verify the precision of cost records and reports while rectifying any discrepancies that arose to uphold financial accuracy.- GAAP Compliance Assurance: A paramount aspect of my role involved ensuring that our cost accounting practices and financial statements adhered strictly to Generally Accepted Accounting Principles (GAAP). This unwavering commitment to compliance served as a cornerstone for fostering transparency and bolstering trustworthiness.- Data-Driven Decision Support: I proficiently harnessed various datasets to facilitate pricing decisions, budgeting processes, and profitability analyses. This data-driven approach was pivotal in guiding our strategic planning.- General Ledger Auditing: My contributions extended to participating in the auditing of our general ledger.- Profit Margin Analysis: Notably, I was responsible for the calculation, comprehensive analysis, and subsequent reporting of our company's profit margins for various products. Show less

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  Athb dental clinic

  Jun 2017 - Apr 2022

  Accounting manager | inventory management

  Key Highlights: - Establishment of a Cost Unit: I took the initiative to create a dedicated cost unit within the organization, tasked with the meticulous tracking and analysis of all expenses associated with our daily operations.- Demonstration of Financial Analysis Proficiency: My adeptness in financial analysis played a pivotal role in my promotion to the position of Deputy General Manager. This role underscored my substantial impact and leadership within the organization.- Implementation of Cost-Reduction Strategies: I devised and executed effective strategies aimed at curtailing variable costs in our procurement processes, thereby enhancing the company's profitability and overall cost-efficiency.- Success in Inventory Management: Through strategic interventions, I achieved a noteworthy reduction in the proportion of stagnant inventory, resulting in a substantial improvement in turnover rates and the reduction of wastage.- Establishment of a Resilient Financial and Administrative System: I led the establishment of a robust financial and administrative system. This system played a pivotal role in assisting the company in navigating challenging periods, such as the coronavirus crisis, ensuring business continuity and resilience.- Creation and Management of the Human Resources Department: I played a central role in establishing and overseeing the human resources department, a critical function in effective employee management, recruitment, and retention.- Involvement in Key Aspects of Incorporation: I actively participated in critical facets of the company's incorporation process, including the drafting and adherence to covenants, management of revenues and expenses, and the preparation of financial statements. My role was instrumental in shaping the company's establishment and financial structure.- Management of Government Platforms: I efficiently managed relevant government platforms within Saudi Arabia, such as the "Nitaqat" and "Muqeem" portals. Show less

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  Al mokhlif oud

  May 2022 - now

  Executive director | revenue growth

  Key Highlights: - Impressive Revenue Growth: Witnessed significant financial growth over the years.- Expansive Client Base: Achieved a remarkable 120% increase in the client base, reflecting the effective deployment of growth strategies and adept customer acquisition.- Customer Service Enhancement: Established a customer service department, which expanded from a single employee to a team of five, greatly enhancing customer engagement and overall satisfaction.- Systems Implementation: Spearheaded the development of essential financial management, social media, and IT management systems. Additionally, introduced a new CRM system and devised a comprehensive sales growth plan.- Profitable Operations: Despite rising operating expenses, managed to increase net profit by 100%, underscoring effective cost management and profit-centric strategies.- Inventory Management Success: Addressed a significant challenge of analyzing inventory data, successfully processing 7 million riyals' worth of dead stock, and directed the purchasing department to focus on high-demand products. Implemented a plan to sell the dead stock.- Workforce Expansion: Successfully grew the number of employees from 3 to 25, highlighting effective recruitment and management practices.- Market Research and Cost Reduction: Conducted comprehensive market research and competitor analysis, meticulously studied competitor liquidity, increased sales, and achieved a 30% reduction in costs.- Diversification: Initiated the establishment of a new company targeting merchants and formulated plans for a third company focused on improved incense production, recognizing it as a cost-effective product with significant market potential. Show less