Feras Al Sayed Sulaiman

• Manage month-end closing activities and reporting financial statements to senior management.

• Review monthly payroll with all related accruals.

• Manage an attractive and economical sales commission incentive-scheme to entice sales force to increase sales.

• Ensure the calculation of sales commission as per sales incentive scheme.

• Manage accounts receivable and developing a collection plan.

• Manage account payable and setting a payment plan.

• Manage the annual budget and forecasting according to company's liquidity and profitability.

• Coordinate with legal department to provide full documents required for the court cases filed against defaulting clients.

• Manage cost reduction plan once required.

• Ensure applying the company's authority matrix and policies and procedures.

• Manage insurance lists of all types and discussing insurance companies to obtain the best price commensurate with the company's liquidity and financial position.

• Ensure adjust accrued vacation and accrued end of service at year end according to Saudi labor law and manage the required information for actuarial report of end of service at year end.

• Ensure for the provision of the inventory and doubtful debts and review the related policy with senior management. • Manage annual declaration of Zakat and Tax.

• Manage all the requirements from Zakat, VAT, Custom, Internal Audit and External Audit.

• Manage daily bank transactions.

• Manage monthly VAT report.

• Manage letters of guarantee for the clients against advance payments.

• Ensure applying business plan and strategic planning.

• Ensure to the implementation of company policy in various fields.

• Manage monthly fixed assets depreciation and prepayments report.

• Manage the company's cash flow.

• Participate in the required merger processes to achieve reduced expenses and higher profitability

• Study purchase order and sales order to ensure higher profitability.

• Manage inventory net realizable value report.

• Analyze financial data to identify trends, variances, discrepancies, or opportunities for improvement. • Provide guidance on accounting issues with solving skills.

• Advise senior management on best practices for improving profitability.

• Supervise junior staff in daily accounting operations.

• Manage relationships with banks and other third parties involved in finance matter.

• Mitigate corporate risk by identifying process inefficiencies and errors.

• Oversaw multiple accounts and worked diligently to meet and exceed performance goals.

• Develop successful customer relationships and quickly resolved service requests to increase sales.