Oracle Fusion
Ihab Nassar
Finance Manager
Dammam,04
Summary
Business-minded Finance Manager promoting more than 18 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement.
Proactive Finance Manager with strong background in financial analysis, budgeting and forecasting. Develops and implements financial plans and delivers strategic financial advice.
Results-driven Finance Manager experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.
Overview
18
18
years of professional experience
10
10
Certifications
2
2
Languages
Work History
Finance Manager
Saeed Raddad Holding Group (TSTF, SICT, FLCN)
DAMMAM
10.2017 - Current
- Led financial planning and analysis by managing key metrics, analyzing data, and providing support and insight for strategic planning.
- Set accounting's policies and procedures coordinating with group CFO.
- Established budgetary benchmarks and formulated financial management strategies by researching operating and historical financial records.
- Developed annual budgets in collaboration with CEO, group CFO and group CSO.
- Tracked monthly financial performance to find ways for profitability improvement, revenues generation and costs reduction by recommending suitable alternatives.
- Identified and investigated variances to optimize financial plans and forecasts.
- Presented financial data, financial statements, and variance narratives to Board of Directors monthly, quarterly, and annually.
- Ensure compliance of authority matrix, approval cycle automated and manual as per firm polices.
- Risk assessment to determine likelihood of especially on non-current assets and inventory.
- Drove process improvements and transformations to organization by leading [Oracle Fusion] implementation, streamlining corporate transactions.
- Created and implemented effective accounting systems, best practices, and policies.
- Improved sales system [Oracle -OM] by automatic monthly E-invoices.
- Transformed operational metrics, planning and systems for [Delivery and accomplishment percentage] business model to revenue recognition and cost estimation.
- Forecasted operating costs for scheduled projects by strategizing with other departments.
- Oversee day-to-day finance and accounting operations including GL, AP, AR, Treasury, and Payroll.
- Managed accounting-team data using [Oracle Fusion], including payroll, adjustments, monthly accrual expenses, invoicing, and other transactions.
- Enhanced business support thru transform accounting & operating team directions to provide data from transactional to analytical.
- Liaise with external audit-KPMG for closing the year-end of audited financial statements as per (SME - IFRS) since 2017 till date.
- Providing IFRS (09-ECL, 16-Lease & 19-EOSB) requirements to external audit PKF.
- Engaged with external audit consultant-Deloitte to get local content certificate.
- Participated with CEO & Operation manager at bidding & Tender studies.
- Reviewed VAT return report, checking ZAKAT return calculation with KPMG.
Accounting Supervisor
Al Jabr Trading Co. (KIA, NISSAN)
Alasha
10.2007 - 09.2017
- Contributed to close the year-end of financial statements.
- Reviewed and adjusted region branches trial balance.
- Matching balances among ledger and sub ledger.
- Make sure accounting cycle process passed thru recording, posting and analyzing.
- Calculating accumulated depreciation of non-current assets.
- Submitted doubtful, EOS and vacation allowance provisions.
- Leading physical inventory committee for cash, vehicles, spare parts, receivable notes and fixed assets and settle inventory adjustments.
- Manage and coached team of accountants, cashiers and banks rep.
- Monitor sales pricing among company pricing list and sales documentation cycle.
- Provide several activities sales report with analytic presentation.
- Investigate that branches cash receipts daily deposited at bank.
- Update branches cash verification summary report and daily bank transactions.
- Reconcile banks accounts statement against bank sub ledger.
- Follow up petty cash and custodies balance to be cleared monthly and annually.
Accountant
Abdulfatah charted accountant office
Cairo
06.2005 - 04.2007
- Bookkeeping and Prepared monthly and annually trial balances.
- Participated in preparation of balance sheet and final accounts & cash flows.
Education
Bachelor of Science - Accounting Technology
Faculty of Commerce
Banha, Egypt 10.2001 - 2005.05
Skills
Financial Statements Balance Sheet Income Statement Cash Flow Statement Change in Equity Disclosures
Accomplishments
- Achieved applied new accounting system by completing Oracle Fusion implementation.
- Achieved published of financial statements by completing 12 time corresponding with IFRS and SMEs with accuracy and efficiency.
- Collaborated with team in the management of traffic signal maintenance project at three regions of KSA for three years.
- Supervised, Coached and trained accounting and HR team of 10 staff members.
Affiliations
- SOCPA Associate membership No. 64576
Additional Information
- Joining: Immediately
- Iqama: Transferable Visa
- Dependents: 4
- Driving License: A
- Disability: N/A
Software
FACTS
Kerridge
ACC
Certification
Certificate Fundamentals of Data Analysis in Excel
Interests
Technology
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Finance Manager
Saeed Raddad Holding Group (TSTF, SICT, FLCN)
10.2017 - Current
Accounting Supervisor
Al Jabr Trading Co. (KIA, NISSAN)
10.2007 - 09.2017
Accountant
Abdulfatah charted accountant office
06.2005 - 04.2007
Bachelor of Science - Accounting Technology
Faculty of Commerce
10.2001 - 2005.05
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