Rene Lebores, FCCA, CPA, CIA

Experience

• 

  SGV & Co.

  Jul 2010 - Aug 2013

  - Prepared and executed audit plan. Supervised the team to ensure proper execution of the plan.Directly accountable to audit managers and partners-in-charge;- Reviewed clients’ strategy, operations, performance and information sytems and processes in support for identifying and assessing risks and internal controls;- Ensured audit risks are addressed and audit issues noted are discussed with the audit team andcommunicated with clients;- Performed engagement management activities such as preparing proposals, monitoring budgetsand costs;- Reviewed financial statements, tax returns, and other regulatory reports;- Participated in various advisory engagements such as review of internal credit risk rating system,IFRS 9 conversion projects and SOX audit;- Prepared and reviewed training materials for Basel, financial risk management and IFRS/PFRSseminars; Show less - Prepared and executed audit plan. Supervised the team to ensure proper execution of the plan.Directly accountable to audit managers and partners-in-charge;- Reviewed clients’ strategy, operations, performance and information sytems and processes in support for identifying and assessing risks and internal controls;- Ensured audit risks are addressed and audit issues noted are discussed with the audit team andcommunicated with clients;- Performed engagement management activities such as preparing proposals, monitoring budgetsand costs;- Reviewed financial statements, tax returns, and other regulatory reports;- Participated in various advisory engagements such as review of internal credit risk rating system,IFRS 9 conversion projects and SOX audit;- Prepared and reviewed training materials for Basel, financial risk management and IFRS/PFRSseminars; Show less

  • Audit Senior

    Aug 2012 - Aug 2013

  • Audit Associate

    Jul 2010 - Jul 2012
• 

  BDO in Australia

  Sept 2013 - Nov 2014

  Audit Senior

  - Prepared and executed audit plan. Supervised the team to ensure proper execution of the plan.Directly accountable to audit managers and partners-in-charge;- Reviewed financial statements, tax returns, and other regulatory reports;- Participated in special audit engagements such as wage and payroll audits, real estate booksaudit and self-managed superannuation funds audit;- Conducted program audits for non-profit and government organizations;

• 

  RGP Asia

  Dec 2014 - Jan 2016

  Project Consultant

  - Executed operational risk policies and controls of a major foreign bank’s ROHQ located in thePhilippines;- Participated in client’s Continuity of Business initiative, determined gaps and recommendedpossible actions to gaps noted;- Performed regular internal controls assessment and check to validate compliance to client’spolicies;- Assisted in the Company's transition to new GL system.

• 

  Deloitte Middle East

  Feb 2016 - Sept 2019

  - Prepared and executed audit plan. Supervised the team to ensure proper execution of the plan.Directly accountable to audit managers and partners-in-charge;- Reviewed clients’ strategy, operations, performance and information systems and processes in support for identifying and assessing risks and controls;- Ensured audit risks are addressed and audit issues noted are discussed with the audit team andcommunicated with clients;- Performed engagement management activities such as preparing proposals, monitoring budgetsand costs; Show less - Prepared and executed audit plan. Supervised the team to ensure proper execution of the plan.Directly accountable to audit managers and partners-in-charge;- Reviewed clients’ strategy, operations, performance and information systems and processes in support for identifying and assessing risks and controls;- Ensured audit risks are addressed and audit issues noted are discussed with the audit team andcommunicated with clients;- Performed engagement management activities such as preparing proposals, monitoring budgetsand costs; Show less

  • Assistant Audit Manager

    Oct 2017 - Sept 2019

  • Audit Senior

    Feb 2016 - Sept 2017
• 

  Alinma Bank

  Oct 2019 - now

  Key roles:• Leads and manages the Financial and Basel Reporting Department in its regular and ad hoc financial and Basel reporting activities, including the group consolidation process;• Ensures timely completion of the quarter and annual external audit/review process and manages the statutory interim and annual financial statements' preparation to publication cycle;• Oversees the preparation and submission of financial reports, forecasts and analyses to senior management; • Participates in the Bank’s budgeting and strategy process by reviewing financial budgets and forecasts ensuring that key regulatory and performance ratios are within management’s targets and risk limits; • Participates in the Bank’s capital and liquidity planning exercises and reports including its ICAAP, ILAAP, Pillar 3 and ALCO reports;• Develops/reviews finance, risk management and other Bank-wide policies and provides advice and recommendations to senior Finance executives on IFRS and Basel standards • Collaborates and partners with various Bank departments and business units such as Risk Management, Treasury, Corporate Banking, Retail and Digital Banking, IT and Operations;• Coordinates and liaise with the Bank’s credit rating agents and major shareholders/investors.• Assists in Saudi Stock Exchange announcements, investor relations presentations and responses.Key special projects / roles to date:• Alinma Bank’s SAR 5 bn Tier 1 Sukuk (Islamic bond) issuance;• Alinma Bank’s USD 500 mn Subordinated Sukuk program and its listing in the London ISM;• Implementation of Basel III Post-crisis reforms;• Automation projects for IFRS 9 ECL calculation, Basel capital adequacy and Liquidity risk management regulatory ratios;• Secretary of the Bank’s IFRS 9 BM and SPPI Work Group;• Secretary of the Bank’s Liquidity Work Group monitoring the Bank’s liquidity, compliance with minimum liquidity ratios and its effect to the Bank’s NII. Show less Key roles:• Leads and manages the Financial and Basel Reporting Department in its regular and ad hoc financial and Basel reporting activities, including the group consolidation process;• Ensures timely completion of the quarter and annual external audit/review process and manages the statutory interim and annual financial statements' preparation to publication cycle;• Oversees the preparation and submission of financial reports, forecasts and analyses to senior management; • Participates in the Bank’s budgeting and strategy process by reviewing financial budgets and forecasts ensuring that key regulatory and performance ratios are within management’s targets and risk limits; • Participates in the Bank’s capital and liquidity planning exercises and reports including its ICAAP, ILAAP, Pillar 3 and ALCO reports;• Develops/reviews finance, risk management and other Bank-wide policies and provides advice and recommendations to senior Finance executives on IFRS and Basel standards • Collaborates and partners with various Bank departments and business units such as Risk Management, Treasury, Corporate Banking, Retail and Digital Banking, IT and Operations;• Coordinates and liaise with the Bank’s credit rating agents and major shareholders/investors.• Assists in Saudi Stock Exchange announcements, investor relations presentations and responses.Key special projects / roles to date:• Alinma Bank’s SAR 5 bn Tier 1 Sukuk (Islamic bond) issuance;• Alinma Bank’s USD 500 mn Subordinated Sukuk program and its listing in the London ISM;• Implementation of Basel III Post-crisis reforms;• Automation projects for IFRS 9 ECL calculation, Basel capital adequacy and Liquidity risk management regulatory ratios;• Secretary of the Bank’s IFRS 9 BM and SPPI Work Group;• Secretary of the Bank’s Liquidity Work Group monitoring the Bank’s liquidity, compliance with minimum liquidity ratios and its effect to the Bank’s NII. Show less Key roles:• Leads and manages the Financial and Basel Reporting Department in its regular and ad hoc financial and Basel reporting activities;• Ensures timely completion of the quarter and annual external audit/review process and manages the statutory interim and annual financial statements' preparation to publication cycle;• Oversees the preparation and provision of financial reports, forecasts and analyses to senior management; • Participates in the Bank’s budgeting and strategy process by reviewing financial budgets and forecasts ensuring that key regulatory and performance ratios are within management’s targets and risk limits; • Participates in the Bank’s capital and liquidity planning exercises and supervises/support the preparation, review and submission of the Bank’s Basel capital adequacy and liquidity reports including its ICAAP, ILAAP, Pillar 3 and ALCO reports;• Develops and reviews finance, risk management and other Bank-wide policies and provides advice and recommendations to senior Finance executives on IFRS and Basel standards • Collaborates and partners with various Bank departments and business units such as Risk Management, Treasury, Corporate Banking, Retail and Digital Banking, IT and Operations;• Coordinates and liaise with the Bank’s credit rating agents and major shareholders/investors.Key special projects / roles to date:• Alinma Bank’s SAR 5 bn Tier 1 Sukuk (Islamic bond) issuance as Finance Group’s lead coordinator;• Alinma Bank’s USD 500 mn Subordinated Sukuk program and its listing in the London ISM as Finance Group’s lead coordinator;• Implementation of Basel III Post-crisis reforms;• Automation projects for IFRS 9 ECL calculation, Basel capital adequacy and Liquidity risk management regulatory ratios;• Secretary of the Bank’s IFRS 9 BM and SPPI Work Group;• Secretary of the Bank’s Liquidity Work Group monitoring the Bank’s liquidity, compliance with minimum liquidity ratios and its effect to the Bank’s NII. Show less - Deals with preparation /review of regular and ad hoc financial reports for senior management- Deals with preparation / review of quarterly and annual statutory financial statements of the Bank and related disclosures and disclosure workings in compliance with IFRS adopted in KSA- Deals with preparation / review of regular and ad hoc regulatory reports to Saudi Central Bank (SAMA), Capital Markets Authority and other regulatory bodies - Supports senior Finance management team on IFRS, business process, Bank policies and regulatory issues such as Basel, taxation Show less

  • Director, Head of Financial Reporting

    Oct 2024 - now

  • AGM, Head of Financial Reporting

    Jan 2024 - Oct 2024

  • Senior Manager, Head of Financial Reporting

    Jan 2021 - Jan 2024

  • Financial Reporting Manager

    Oct 2019 - Jan 2021