Muhammad Bin Khalid, ACA (ICAEW)

Experience

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  JS PARTNERS

  May 2016 - Sept 2016

  Accounting Intern

  Outsource Accounting: 2.5 months (18-22 client accounts done)Carrying out transaction entry into system software (MYOB) based on client documentation provided.Performing bank reconciliation of multiple banks.Carrying out necessary provision entries in the general journal.Settling suspense accounts by discussing with clients.Publishing final balance sheet, income statement, general ledger & other important financial documents to be sent to client.Audit: 1.5 months (10 clients audited)Conducting full audit of various companies' Balance Sheet & Income Statement.Sample testing to check whether accounts are accurate.Asking clients to provide supporting documentation where necessary.Asking banks to verify clients' bank account(s).Asking client accountants to make necessary adjustments to accountsPublishing the audit report with the final balance sheet & income statement. Show less

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  Inpana & Associates

  Nov 2016 - Dec 2016

  Tax Associate

  Computing Tax returns for a Corporations and Individuals.Liaising with LHDN Tax Office with regards to delayed payments from clients.Filing tax payments from client or on behalf of clients in the LHDN online system.Publishing various forms (Form C, Form CP204, Form CP7, Form CP21) to send to client for filling.Sending back tax refunds to respective clients.

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  Inpana & Associates Sdn. Bhd.

  Dec 2016 - Jun 2017

  Audit Associate

  Key Responsibilities:- Assisting senior auditors with planning audit of client financial statements- Recommending and applying means of obtaining, analyzing and evaluating evidentiary data- Reviewing transactions, documents, records, reports and methods to establish accuracy and effectiveness.- Preparation of working papers to record and summarize data on assigned audit segments- Reporting audit findings and performing audit adjustments for correction of unsatisfactory conditions.- Preparing and finalizing draft audit reports- Other assigned duties such as special reviews, compliance checks and updates in standard working paper formats based on recent developments in accounting standards Show less

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  Danube Co. Ltd.

  Aug 2017 - Sept 2017

  Accountant

  Key Responsibilities:- Extracting daily terminal sales reports from 34 branches around the Kingdom- Performing bank reconciliation of with sales reports to ensure that all credit payments are received- Resolving issues involving non-receipt of payments or double receipts by liaising with banks and branch managers- Maintaining documentary evidence of cash deposits for all branches and providing banks with supporting slips of conflicting transactions- Lodging claims based on amounts not credited and presenting to banks in order to recover the balances- Clearing checks based on bank statement- Posting G/L entries of payments made as per bank statement- Assisting the Finance Manager with special tasks, such as drafting departmental policies and performing analysis on conversion of group accounting standards from SOCPA to IFRS Show less

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  BinDawood Holding

  Oct 2017 - Feb 2022

  Key responsibilities:- Leading the cash management and treasury function including the sales, treasury and cash accounting function- Preparing and presenting quarterly and monthly cash-flow forecasts to plan financing and working capital needs- Managing the group-wide cash & debt portfolio, bank accounts and treasury accounting process- Maintaining relationships with local and international banks and agreeing financing facilities as per requirement- Preparing and updating the 5-year Financial Model and Reporting Pack- Presenting financial data for Internal (Board Meeting & AGM) and External stakeholders (Analyst Calls)- Identifying and explaining variances from budget and past year performance- Assisting Legal and Communications department with preparation of annual Board of Directors’ Report- Preparing ad-hoc financial analysis such as feasibility studies for new store openings, investments in real estate and other medium-term investments- Assisting group financial controller in preparation and audit of financial statements for all group entities- Assisting Finance Director in design and development of reporting procedures and departmental policies- Assisting Legal and Communications department with external stakeholder reporting through publishing of financial data on Tadawul, Company website and Press Releases- Ensuring sufficient cash availability and smooth process flow of dividend payments to shareholders Show less Key Responsibilities:IPO of Bindawood Holding- Worked with PWC to update departmental policies and draft corporate governance, responsibility chart and organizational structure to be compliant with CMA regulations for IPO readiness.- Assessed and reviewed 18 local and international bank presentations and drafted a shortlist to IPO advisor and board for selecting the most appropriate Joint Financial Advisors (JFAs)- Assisting JFAs by providing reliable projections of financial data for valuation exercise- Liaising with legal counsel to complete legal due diligence (LDD) and draft prospectus for CMA filing- Checking and critically reviewing all reports drafted by legal counsel to reduce inconsistencies- Provided all financial data for Financial Due Diligence (FDD) to deal advisor for drafting FDD report and Management Discussion and Analysis (MD&A)Treasury- Managing the group financing portfolio of over 2bn Saudi Riyals (USD 600m) including tracking repayments, negotiating appropriate pricing and new facilities with banks.- Performing due diligence on minority overseas investments, short-term deposits and managing currency & interest rate risk through hedging.- Acting as main point of contact between the group and banks for resolution of material issues including, but not limited to, POS claims, Letters of Credit, ATMs/CDMs, and other extraordinary issues.Financial Analysis:- Assisting FD in collating and preparing reasoned analysis of financial data for presentation in quarterly board meetings and to be used in budgets- Playing a key role in the conversion of the group accounting policies from SOCPA to IFRS by applying, assessing and quantifying the impact on FS of various standards including leases, borrowing costs, employee benefits, etc- Involved in update and drafting of group-wide departmental policies in accordance with PWC standards for IPO readiness Show less

  • Treasury and Finance Manager

    Nov 2020 - Feb 2022

  • Treasurer & Financial Analyst

    Oct 2017 - Nov 2020
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  Jamjoom Pharma

  Jan 2022 - now

  As Head of Investor relations, I am responsible for maintaining transparency, building trust with the investment community, and ensuring that the company's performance and strategy are well-understood by stakeholders. Below are some of my key activities in this role:- Develop and implement an effective investor relations communication strategy through messaging that accurately reflect the company's performance and strategy.- Coordinate the preparation and release of financial reports, earnings releases, and other relevant financial information to market regulators (CMA/Tadawul) and the investment community.- Organize and participate in meetings, conferences, and 1x1 discussions with investors and analysts.- Provide insights into the company's performance, strategy, and financial outlook.- Cultivate and maintain strong relationships with existing and potential investors, analysts, and the investment community.- Monitor and analyze market trends, competitor activities, and industry developments. - Provide senior management with insights into investor sentiment and expectations.- Develop and implement communication strategies during periods of crisis or significant market events.- Manage relationships with existing shareholders and address their inquiries. - Work closely with the legal department to ensure compliance with CMA's corporate governance regulations.- Assist in the preparation of materials for annual meetings and other material announcements.- Collaborate with internal teams, especially finance, legal, and executive management, to gather information for external communication.- Contribute to the development of the company's overall strategic plan and communicate this to the investment community.- Work with senior management to establish and communicate financial guidance.- Collect feedback from investors and analysts and communicate it to management for decision-making. Show less Financial Reporting:- Prepare accurate and timely financial statements in accordance with IFRS.- Ensure compliance with regulatory requirements and reporting deadlines for listed companies- Provide financial forecasts and projections to support strategic decision-making.- Establish and implement effective policies and procedures to safeguard company assets and ensure accurate financial reporting.- Analyze financial data and trends to provide insights into the company's financial performance to senior management to support strategic planning.- Monitor cash flow and manage working capital cycle to meet liquidity needs.- Implement cash management strategies to optimize financial resources.- Ensure compliance with tax regulations issued by ZATCA and coordinate with external tax advisors and regulators- Oversee the prepare and file accurate and timely tax returns.- Collaborate with senior management to develop financial strategies aligned with overall business objectives.- Assess financial risks and propose risk mitigation strategies.- Implement improvements in financial processes to streamline operations.- Identify opportunities for cost savings and efficiency improvements.- Coordinate and liaise with external auditors during the annual audit process, addressing audit findings and implementing recommendations.- Stay informed about changes in IFRS, SOCPA and other regulatory developments and ensure compliance.- Assess and manage financial risks, including currency and interest rate risks.- Manage and lead the finance team, providing guidance and support.- Prepare presentations to communicate financial results and analysis to senior management, board members, and other stakeholders.- Prepare financial analyses and feasibilities to assess organic and inorganic growth opportunities. Show less As IPO Project Manager, I am responsible for managing the full IPO cycle from ideation to listing. Below are some key highlights of my role:- Developing an in-depth understanding of Pharma Manufacturing by meeting with key stakeholders and industry veterans- Collating information for purposes of IPO Readiness from all departments (including manufacturing, commercial, finance, regulatory, R&D & Human Resources)- Understanding the IPO Readiness gaps identified by the Consultant and ensuring all key red flags are addressed- Obtaining and Analyzing proposals received from Banks for the role of Financial Advisor and Bookrunner and presenting these to the IPO Steering Committee for action- Appointing other IPO advisors and overseeing all related workstreams including but not limited to Financial Due Diligence, Legal Due Diligence, Market Study, Prospectus Drafting, Investor Engagement Presentations, Valuation and Roadshow Meetings- Resolving all regulator (CMA & Tadawul) comments to obtain a smooth approval for listing- Assisting the Steering Committee in Go/No-Go Decision by providing detailed analysis on valuation, investor feedback and timing of listing Show less

  • Associate Director of Finance

    Jan 2024 - now

  • Head of Investor Relations

    Jun 2023 - now

  • Financial Controller

    Jan 2022 - Mar 2024

  • Project Manager for the Initial Public Offering (IPO)

    Jan 2022 - Jun 2023