Please turn on your javascript Tarek Saleh - Finance manager - Mobile Business CO LTD, - Riyadh, Saudi Arabia

Summary

A Highly professional Finance Manager with over 20 years experience in Accounting, communications, revenue
recognition, payable section, financial planning, management reporting, competitive intelligence amp customer
service . Possessing excellent management skills and having the ability to work with the minimum of supervision
whilst leading a team . Having a proven ability to lead by example, consistently hit targets, improve best practices
and organised time efficiently. Now looking forward to a making a significant contribution with a company that
offers a genuine opportunity for progression.

Projects

Revamped the accounting system which ended up in increased efficiency in ha

Experience

Company Logo
Finance manager
Mobile Business CO LTD,
Aug 2018 - Present | Riyadh, Saudi Arabia

Preparation of division wise management reports primarily consisting of Profit & Loss,
Cash Flow, projects on hand, variance
analysis, ratio analysis. In depth Profit and Loss variance analysis (MTD & YTD) with
budget and previous years. handle and Keep
a close watching the bank facilities with the assistance of department heads. Prepared
product costing sheets for work-in-process,
finished goods and new products. Resolved month-end inventory reconciliation. Prepare
monthly, quarterly and annual budgets
with the assistance of department heads. Keep a close watch on the Opex / Capex
budgets and highlight any likely overages on a
timely basis. Authorized payments, bank reconciliation and depreciation calculations.
Letter of Credit documents for major import
orders. Facilitated hiring and interviewed staff members. Trained new employees in the
Department. Responsible for cost reporting
system for more than 500 employees. Prepare day to day financials, including payroll
accuracy and monthly financials for the
Board and Division Directors. Completed balance sheet reconciliations and made
necessary accrual adjustments as needed.
Performed month-end and year-end closing and bank statements reconciliations.
Managed accounts payable responsibilities.
Quarterly and Annual reports, reconciliation, budget and capital expenditures. Tracking
business results and cash flow. Managed,
supervised and trained accounting staff. Prepared daily cash collections and bank
deposits. Assisted in external audit at the end of
the fiscal years. Audited of physical inventories. Prepared job cost analysis. Prepare
monthly, quarterly and annual budgets with
the assistance of department heads.
Supervised payroll function for three separate entities. Responsible for planning and
establishing deadlines for financial statements
and other reports. participate in the preparation of Zakat declaration and keep traking
withholding tax based on the agreed DIZT
and release the same up on receipt of the Zakat certificate. Prepare VAT Return filing to
ensure all entries are prepared accurately
and submitted in due time. Conduct aging analysis for accounts receivable and account
payable, calculate turnover ratios, assess
the position of AP and maintain a healthy balance in cash inflow-outflow situation. Assist
the management with capital expenditure
planning, apply capital budgeting techniques to compare profitability of projects, calculate
opportunity costs and identify sources of
finance.

Company Logo
Finance manager
Almutlaq Group
Apr 2007 - Jul 2018 | Riyadh, Saudi Arabia

Preparation of Financial reports (P & L, Balance sheet and Cash flow) with previous year’s
comparison.
Consolidation &Analysis of financial reports.
Budget preparation, Cash flow and Capex.
Generate forecasted reports for higher management.
Calculation of Zakat according to Saudi policy.
Played a big role to expand company relation with banks.
Sharing ideas with higher management.
Financial Analysis for the company investments in local markets and foreign markets.
Controller of the letter of credit and documents checker.
Negotiations with the banks for L/C financing .
Controlling the Local investments portfolios.
Controlling foreign investments portfolio with International Institutions and banks.
Preparation of Budget.
Monitors and control the flow of funds into and out of the company and to plan for the best
use of any surplus funds with in the auspices of liquid fund investment

Company Logo
Chief accountant
Arkan Contracting Co
Oct 2004 - Mar 2007 | Dammam, Saudi Arabia

Perform financial analysis and reporting to management as needed.
Evaluate computerized accounting systems and provide recommendations to IT team for
performance improvements.
Assist in budget preparation and expense management activities for assigned accounts.
Assist in auditing activities by providing necessary information and preparing requested
documentations.
Monitor and record financial transactions according to company policies and regulations.

Company Logo
Senior Accountant
Nile Construction CO
Jun 1998 - Sep 2004 | Cairo, Egypt

Prepares and records asset, liability, revenue, and expenses entries by compiling and
analyzing account information.
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling
transactions; resolving discrepancies.
Produces payroll by initiating computer processing; printing checks, verifying finished
product. Completes external audit by analyzing and scheduling general ledger accounts;
providing information for auditors.
Protects organization's value by keeping information confidential.

Education

Cairo University
Bachelor, Bachelors, Bachelors in Commerce, Bachelor degree in accounting‎
Bachelor degree in accounting
Percentage 80%
1998

Skills

Expert Accounts Administration
Expert Capable of working cohesively with vario
Expert ERP system implementation
Expert Excellent eye for detail, diligent knowl
Expert Excellent Problem-Solving Skills
Expert Production Quality Monitoring
Expert Record keeping
Expert Strong demonstrable negotiating skills
Expert Well versed with US GAAP & IFRS

Languages

Expert Arabic
Expert English