LULUH FAHAD ALAJMI
Riyadh
Summary
Detail-oriented finance professional with extensive experience in financial operations, reconciliations, and reporting within fintech and financial services. Demonstrates proven ability in managing financial controls, general ledger oversight, and month-end closing processes, ensuring accuracy and compliance with regulatory standards. Skilled in analyzing discrepancies and optimizing processes to provide senior management with actionable financial insights.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Reconciliation Officer
Smart Payment Digital (Tiqmo)
Riyadh
07.2024 - Current
- Manage reconciliation of remittance transactions by aligning third-party statements with internal financial data.
- Perform GL account reconciliations (bank, clearing, payable/receivable accounts).
- Lead month-end closing activities, ensuring timelines and accuracy of financial data.
- Analyzed and resolved variances, escalating complex issues as necessary.
- Collaborated with Operations and Product teams to optimise reconciliation processes, improving accuracy and efficiency.
- Generate financial reports and provide insights to senior management (FC/CFO/DMD).
- Prepare and post journal entries in the General Ledger with proper documentation.
- Maintain and update the Chart of Accounts (COA), ensuring proper classification and structure.
- Support audit requirements by preparing schedules and documentation.
- Ensure financial controls are implemented and followed across processes.
- Review trial balance and identify unusual or incorrect balances.
- Conduct vendor reconciliations and support ad-hoc financial requirements.
- Perform monthly VAT reconciliation and ensure compliance with ZATCA requirements.
- Monitored internal control procedures for finance operations, identifying areas for improvement and implementing enhancements.
- Participated in the implementation and enhancement of ERP and Core Banking systems, including Oracle and internal Wallet Portal.
- Supported the mapping of Chart of Accounts (COA) within ERP to ensure accurate financial reporting and system alignment.
- Collaborated with Finance, IT, and Product teams to define business requirements and validate financial flows within the core system.
- Ensured proper GL integration and posting logic between the wallet system and ERP.
- Conducted UAT testing for financial modules, identifying gaps to ensure system readiness and alignment with business requirements.
- Monitored and validated end-to-end transaction flows from wallet operations to accounting entries.
- Worked on reconciliation between core banking system, wallet platform, and GL to ensure data accuracy and completeness.
- Supported automation of reconciliation and reporting processes through system enhancements.
- Assisted in resolving system-related discrepancies and improving financial data integrity and controls.
- Assisted in resolving system-related discrepancies and improving financial data integrity and controls.
Payment & Reconciliation Manager
Amlak International Finance Company
08.2023 - 06.2024
- Managed payment operations and reconciliation processes, ensuring alignment with financial standards.
- Ensured accuracy of financial transactions and timely issue resolution.
- Ensured compliance with financial policies and internal controls.
- Supervised GL postings for payments and settlements.
- Assisted in monthly closing and financial reporting processes, contributing to timely and accurate financial insights.
- Collaborated with internal departments and external partners to streamline operations and enhance communication.
TPA & Reconciliation Officer
GlobeMed Company
05.2022 - 06.2024
- Managed reconciliation activities, processing insurance-related transactions to ensure accuracy.
- Identified discrepancies, ensuring accurate financial recording and compliance with standards.
- Verified claims and ensured compliance with company policies.
- Assisted in GL reconciliation and reporting, enhancing overall financial oversight.
TPA Officer
GlobeMed Company
12.2021 - 05.2022
- Processed claims and coordinated with stakeholders to ensure timely resolution.
- Managed team of junior officers, providing leadership and guidance for operational efficiency.
- Prepared detailed reports for senior management, outlining operational performance and strategic recommendations.
- Responded to emergency calls for service, providing timely assistance and support to individuals in distress.
Field Representative
GlobeMed Company
04.2018 - 12.2021
- Coordinated customer interactions and supported operational activities to enhance service delivery.
- Implemented quality control measures to maintain high standards of service and customer satisfaction.
- Fostered strong relationships with key clients, becoming a trusted advisor on technical and operational matters.
- Prepared detailed project proposals and budgets, securing management approval and funding for new initiatives.
Sales Representative
Al Najmiah
01.2018 - 04.2018
Receptionist
Al Hammadi Hospital
05.2017 - 01.2018
Education
High Diploma - Business Administration (Insurance Management)
King Saud University
01-2024
Bachelor of Science - General Biology
Princess Nourah University
01-2019
Skills
- Financial reconciliation and analysis
- General ledger management
- Month-end closing and reporting
- Financial control and compliance
- VAT and ZATCA compliance
- Data analysis and problem solving
- Process improvement and automation
- Advanced Microsoft Office skills
- Attention to detail and accuracy
- Teamwork and communication
- Variance analysis
- Internal controls management
- Compliance oversight
- Oracle ERP proficiency
- Bank reconciliations expertise
- Decision making skills
- Effective communication abilities
- Product knowledge and service expertise
Certification
Insurance Foundation Certificate Exam (IFCE)
Languages
English
Timeline
Senior Reconciliation Officer
Smart Payment Digital (Tiqmo)
07.2024 - Current
Payment & Reconciliation Manager
Amlak International Finance Company
08.2023 - 06.2024
TPA & Reconciliation Officer
GlobeMed Company
05.2022 - 06.2024
TPA Officer
GlobeMed Company
12.2021 - 05.2022
Field Representative
GlobeMed Company
04.2018 - 12.2021
Sales Representative
Al Najmiah
01.2018 - 04.2018
Receptionist
Al Hammadi Hospital
05.2017 - 01.2018
High Diploma - Business Administration (Insurance Management)
King Saud University
Bachelor of Science - General Biology
Princess Nourah University