Summary
Overview
Work history
Education
Skills
Accomplishments
Languages
CERTIFICATIONS & IT PROFICIENCY
Affiliations
Timeline
Generic

ALHASSAN ALMUHATHIL

Jeddah,Saudi Arabia

Summary

A Financial Professional with more than 11 years of experience in financial reporting, budgeting, valuation, pattern analysis serving strategic directions including strategy design, implementation, and integration. Deep researcher of global and local economies, markets, new business models, micro & macroeconomic indicators, technological developments to assess their economic impact and identify potential targets and opportunities. Proven experience in financial analysis, financial reporting, financial modeling, business strategy, due diligence, and risk management.

Overview

12
12
years of professional experience
6
6
years of post-secondary education

Work history

Chief Financial Analyst

Saudi Airlines
Jeddah, Mecca Region
09.2023 - Current
  • Leading group wide end to end investment projects including identifying potential opportunities, structuring valuation, due diligence, and negotiations.
  • Dealing/engagements with external consultants/advisors (when required) for preparing market reports, feasibilities, business plans, Sale & Purchase agreements.
  • Team lead for in-depth analysis of various business sectors (Micro & Macro Level), economy, monetary& fiscal policies, and identifying opportunities of new investment and their impact on current business operations.
  • Corporate Planning & Analysis and devised corporate financial reporting framework, identifying critical areas, exception reports and devising Key Performance Indictors including Critical Success Factors.
  • Leading for automation/digital transformation of investment appraising process, financial reporting, operational & management reporting, and dashboards using Business Intelligence tools (SAP).
  • Team lead for providing guidance and formulating assumptions (strategy, inflation rates, growth rates, money market rate etc.) for budgeting & forecasting of company.
  • Ensuring compliance with local rules and regulations, company’s law, competition law and any other relevant laws across company with support of compliance and legal teams.
  • Conducted several in-house training and development programs and member of hiring committee for interviewing several positions.

Senior Financial Analyst

Saudi Airlines
09.2017 - 01.2022
  • Identifying relevant risks including mitigating plans considering overall financial or non-financial exposure to the entities.
  • Developing reports that help in assessing foreign exchange risks on Saudia's sales and overall financials and provide recommendations and action plans required to mitigate those risks.
  • Ensuring compliance with local rules and regulations, company’s law, competition law and any other relevant laws across company with support of compliance and legal teams.
  • Develop Pattern Analysis Framework that led to enhancement to Audit Process and result in a decrease on operational cost.



Accounting Specialist

Saudi Airlines
09.2013 - 01.2017
  • Enhance the accounting treatment document of revenue system in compliance with global and local accounting standards.
  • Ensure that sales and revenue data is accurately and completely transferred to Financial System (SAP) in compliance with the systems’ parameters.
  • Complete the settlement process for customers under custody through revenue and financial System as per procedures and policy.

Customer Care Representative

Albilad Bank
03.2013 - 09.2013
  • Drove bank business through advising on products and services according to customers’ needs and requirements; referring to bank specialist and coordinating with credit department, which ended in helping the branch exceeding the target by 20%.
  • Exhibited excellent problem-solving skills for effective dispute resolution.
  • Handled sensitive information confidentially to protect customer privacy rights.

Education

Master of Business Administration - Finance

University of Business and Technology
Dahaban
01.2015 - 08.2016

Bachelor of Science in Business Administration - Finance

Colorado State University
CO, USA
05.2007 - 05.2011

Chartered Financial Analyst (CFA), Level III Candidate - Finance

CFA Institute
Virginia

Skills

  • Financial modelling
  • Risk management & strategy development
  • Business valuation
  • Regulatory compliance
  • Income statement analysis
  • Profitability analysis
  • Investment strategies

Accomplishments

  • Successfully designed Investment Appraisal Framework (Process, methodologies, authorities, result evaluations etc.) and developed/appraised/evaluated financial models, business plans, feasibilities including of several projects involving investments that added value to the organization.
  • Negotiated several projects including due diligence and project capital valuations.
  • Successful formulation of strategies of the company for existing businesses and new opportunities in line with strategic directions, exploring hidden opportunities which helped the business to add value either by optimizing existing resources or with minimal investments.
  • Designed overall financial reporting/analysis framework that covers monthly, quarterly & annual dashboard reporting, consolidation, financial analysis, exception reports, KPIs reports etc.
  • Successfully devised & implemented strategies & action plans either through automation of processes, implementation of Business Intelligence tools and identification of cost cutting areas, including duplication of job roles across the group.
  • Proven leadership skills, team player and led teams along with developed staff members and conducted many in-house training courses. Key success factor is to maintain alignments with all stakeholders and concerned while initiating and execution each project to achieve the best desired outcomes with uniformity.
  • Designed reports that perfectly serve top management’s goals in monitoring and analyzing the financial position and performance of the organization.
  • Designed and automated a new process that examined the quality of large data sets through Visual Basic for applications VBAs.
  • Revolutionized the process of Sales Audit Dept by incorporating pattern analysis alongside manual auditing, which eventually led to decreasing operational cost by 15%.

Languages

Arabic (Native)
Native
English (Fluent)
Fluent

CERTIFICATIONS & IT PROFICIENCY

  • User of Bloomberg, Investing, and WSJ platforms and research tools
  • Proficient in Financial Modeling in Excel with Advanced excel tools, Macros & VBAs for capital allocation, feasibilities, business plans etc.
  • Proficient in SAP Business Intelligence and Power Business Intelligence
  • Regularly attended various Seminars arranged by professional Organizations related to Investments, Personal Development, Leadership & Management Skills etc.
  • Expertise in developing dynamic financial models for projects, feasibilities, management reporting templates

Affiliations

  • Having membership of the WSJ, Harvard Business Review and TED Talks.
  • Reading books related to strategy, leadership, motivational, psychology, Artificial Intelligence.

Timeline

Chief Financial Analyst

Saudi Airlines
09.2023 - Current

Senior Financial Analyst

Saudi Airlines
09.2017 - 01.2022

Master of Business Administration - Finance

University of Business and Technology
01.2015 - 08.2016

Accounting Specialist

Saudi Airlines
09.2013 - 01.2017

Customer Care Representative

Albilad Bank
03.2013 - 09.2013

Bachelor of Science in Business Administration - Finance

Colorado State University
05.2007 - 05.2011

Chartered Financial Analyst (CFA), Level III Candidate - Finance

CFA Institute
ALHASSAN ALMUHATHIL