BAHA SAFFARINI
Riyadh
Summary
Finance professional with expertise in financial analysis, budgeting, and reporting. Strong command of accounting principles and internal controls ensures accuracy and compliance in financial operations. Proven leadership in managing accounts payable, receivable, and payroll processing. Proficient in ERP systems and knowledgeable in IFRS standards, focused on driving organizational success.
Overview
13
13
years of professional experience
12
12
years of post-secondary education
1
1
Certification
Work history
Accounting manager
United Natural Company - Rootura
Riyadh, Saudi Arabia
07.2024 - Current
- Streamlined financial operations by implementing efficient accounting processes.
- Ensured accuracy in financial reports for enhanced decision making.
- Facilitated smooth audits with meticulous record keeping.
- Maintained company budget to ensure fiscal responsibility.
- Implemented new payroll system to increase staff satisfaction rates.
- Enhanced fiscal reporting standards with precise bookkeeping practices.
- Prepared detailed tax returns, ensuring compliance with HMRC regulations.
- Spearheaded cost reduction initiatives for operational efficiency enhancement.
- Conducted comprehensive risk assessments, improving overall financial security.
- Improved profit margins by identifying and cutting unnecessary expenses.
- Managed cash flow efficiently, maintaining a healthy business operation.
- Developed robust financial strategies for long-term business sustainability.
- Oversaw team of junior accountants, cultivating a culture of excellence within the department.
- Reduced discrepancies in financial statements by enforcing stringent audit procedures.
Chief Accountant
Halm Company
01.2019 - 02.2024
- Company Overview: Start-up company with investment in F&B Through franchises and home brands MOO - DOA-ALBAO - Bait AL Kil - Siwa.
- Managed the financial operation of the company, including budgeting, financial analysis, forecasting and financial planning.
- Prepare financial reporting, provide an overview of the company`s financial performance and help decision making.
- Ensures that the company complies with accounting standards, regulation, and tax laws.
- Establishes and enforces internal controls to safeguard the company assets.
- Oversees a team of accountants and finance professionals. They provide guidance, training, and efficient financial operations.
- Inventory management and analyze inventory cost.
- Manage all Banks Accounts, including opening bank account, managing the transfer transaction, loans.
- Managed relationships with banks, ensuring efficient and effective banking operations and services.
- Start-up company with investment in F&B Through franchises and home brands MOO - DOA-ALBAO - Bait AL Kil - Siwa.
- Experienced finance professional seeking a Chief accountant position responsible for overseeing and managing the financial operation of the company.
- They play a crucial role in maintaining accurate and timely financial records, preparing financial reports, and ensuring compliance with accounting standards and regulation, and provide financial analysis to support decision making processes within the organization.
Senior Accountant
International food company-IFC Saudi Arabia
01.2016 - 01.2019
- Company Overview: A holding Company with investments in F&B through operating franchises and developing home grown brands.
- Conducted financial due diligence and feasibility studies.
- Developed performance dashboards and led progress meetings.
- Reviewed accounting transactions and reconciliations.
- Identified cost savings through payroll and process reviews.
- Collaborated with auditors during annual audits, providing necessary documentation and support.
- A holding Company with investments in F&B through operating franchises and developing home grown brands.
Senior Accountant
MUNCH INTERNATIONAL HOLDING
Jeddah
01.2012 - 12.2016
- Company Overview: Start-up turned into a Holding Company with investments in Retail, F&B, FMCG and Manufacturing.
- Consolidated financial statements of 4 sister companies.
- Interviewed and onboarded junior accountants.
- Performed monthly bank reconciliations.
- Liaised with auditors on financial reporting.
- Implemented ERP accounting module.
- Start-up turned into a Holding Company with investments in Retail, F&B, FMCG and Manufacturing.
Education
Bachelor of Science - Finance
University of Jordan
01.2010 - 01.2016
Accountant - undefined
Roshen Market
01.2010 - 01.2016
Skills
- Financial Analysis
- Budgeting
- Financial reporting
- Accounting principles
- Internal controls
- Team Leadership
- Accounts Payable
- Accounts receivable
- Payroll processing
- ERP Systems
- IFRS familiarity
Certification
- Accounting Cycle Certificate, 01/01/11
- QuickBooks Certified, 01/01/13
- Socpa Vat Specialist certificate, 01/01/23
Timeline
Accounting manager
United Natural Company - Rootura
07.2024 - Current
Chief Accountant
Halm Company
01.2019 - 02.2024
Senior Accountant
International food company-IFC Saudi Arabia
01.2016 - 01.2019
Senior Accountant
MUNCH INTERNATIONAL HOLDING
01.2012 - 12.2016
Bachelor of Science - Finance
University of Jordan
01.2010 - 01.2016
Accountant - undefined
Roshen Market
01.2010 - 01.2016
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