Mohamed Al Ghaish
Jeddah,Western
Summary
Loyal employee with solid understanding of training and mentoring employees. Dedicated team player, proactive and hands-on in task completion. Results-driven, ambitious and competitive business leader focused on transformative leadership and continuous improvement to drive growth and maximize profits. Tenacious executive ready to take on challenging role, meet goals and surpass expectations. Loyal employee with solid understanding of training and mentoring employees. Dedicated team player, proactive and hands-on in task completion.
Overview
33
33
years of professional experience
Work History
Finance manager
Ekthar & DSAMC Medical Centers (IVF)
Jeddah , Saudi Arabia
01.2022 - 08.2024
- Ensured complete adherence to financial controls and regulations, preparing financial statements and reporting results to multiple external stakeholders.
- Preparing Dynamic and Static cash flow to determine company's financial weaknesses and propose corrective action to Operation team, leading to avoid liquidity issues.
- Thoroughly maintained archiving of financial documents to maintain compliance with quality control and Financial protocols.
- Processed journals and compiled supporting documentation to maintain quality control standards.
- Provided financial performance and utilization reports as part of monthly reporting, monitoring data and information processing to minimize leaked revenue by 15%.
- Evaluated Actual VS Budget information to prepare realistic, balanced forecasts to inform sound economic decision-making.
Director of Finance and Admin
Al Warood Medical Services Co. LTD,
Riyadh , Saudi Arabia
09.2019 - 12.2021
- Expert in Budget preparation according to Market situation and future economic forecasts.
- Preparation of Monthly Financial Reports (Trial Balance - Performance Reports - Income Statement - Cash Flow - Balance Sheets) in Accordance with accepted GAAP with Yearly Budget and IFRS standard.
- Monitoring and reviewing Reconciliation of Banks Accounts, Point of Sales Account and Affiliate Accounts).
- Monitoring Accounting System, Billing System to confirm accuracy and Stability.
- Controlling and Reviewing Payroll Monthly wise with all policies and MOL regulations, including uploading Monthly Payroll on HSBC online banking and MOL site.
- Finalization and coordination with External Auditor according to their Requirements and supporting them by required data and reports policies and MOL regulations, including uploading Monthly Payroll on HSBC online banking and MOL site.
- Preparation of Utilization report for Higher Management and monthly Meeting with BOD for discussing Monthly results for Hospital.
- High skills in preparing reports for higher Management for decision makers in addition to regularly monthly reports.
- Team Management and high skilled in utilization of team resources within Finance Department under high pressure work field and strictly finishing required data within targeted dead lines.
- The Ability to Maintain Archiving systems (Different Modules) if applicable and use Scan-jet Machines to save Important and Valuable files and Data for Future needs which is Mandatory for Management and Audit process (External & Internal) .
- High skilled and creative participator in maintaining, reviewing organization policies which achieve satisfaction and judgement between organization staff.
- Monitoring Utilization and Performance through Various KPI's Quarterly Basis and supporting higher management by vital recommendations to improve results.
- VAT Report Preparation according to GAZT requirements
- Supervised and developed high-achieving staff, providing orientation, training, support and direction.
- Expert in Budget preparation according to Market situation and future economic prediction.
- Identified and resolved Financial issues impacting Cash flow, performance or profitability which lead to reduction of 10% from Staff Cost after assessment.
Finance Manager
Mouwasat Medical Services Co
Riyadh , Middle County - Saudi Arabia
04.2008 - 09.2019
- Leader of Finance team in following departments (Accounts Department, Admission and Discharge department and Billing department (Including GOSI and MOH). Total of (34 Staff under Supervision)
- Expert in Budget preparation according to Market situation and future economic forecasts.
- Monitoring and verifying Ledger Accounts through ERP System (Enterprise Resources Planning) and (HIS) Hospital Information System (Microsoft Dynamics) (A.R Module, A.P Module, F.A Module, I.M Module, Payroll Module ... Etc.) and Verify Accuracy and integration of all Financial Data in System Modules as all.
- Preparation of Monthly Financial Reports (Trial Balance - Performance Reports - Income Statement - Cash Flow - Balance Sheets) in Accordance with accepted GAAP with Yearly Budget and IFRS standard.
- Monitoring and reviewing Reconciliation of Banks Accounts, Point of Sales Account and Affiliate Accounts).
- Monitoring Accounting System, Billing System and their Stability.
- Controlling and Reviewing Payroll Monthly wise with all policies and MOL regulations, including uploading Monthly Payroll on HSBC online banking and MOL site.
- Finalization and coordination with External Auditor (E&Y and Deloitte) Big Four Audit Firms in world according to their Requirements and supporting them by required data and reports mandatory for Auditing Procedure till finalized.
- Preparation of Utilization report for Higher Management and monthly Meeting with BOD for discussing Monthly results for Hospital.
- High skills in preparing reports for higher Management for decision makers in addition to regularly monthly reports.
- Team Management and high skilled in utilization of team resources within Finance Department under high pressure work field and strictly finishing required data within targeted dead lines.
- Ability to Maintain Archiving systems (Different Modules) if applicable and use Scan-jet Machines to save Important and Valuable files and Data for Future needs which is Mandatory for Management and Audit process (External & Internal) .
- High skilled and creative participator in maintaining, reviewing organization policies which achieve satisfaction and judgement between organization staff.
- Participate in CBAHI, JCI Binder for Accreditation Process specially in Budgeting part for all departments.
- Monitoring Utilization and Performance through Various KPI's Quarterly Basis and supporting higher management by vital recommendations to improve results.
- VAT Report Preparation according to GAZT requirements
- Reviewed bookkeeping and management accounts to achieve clear and correct reports.
- Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
- Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
- Managed cash flow and liquidity, mitigating financial risks and ensuring stability.
- Created and presented accurate, detailed financial forecasts.
- Analyzed financial performance to implement key improvement strategies.
Accounting Manager
Al Turki Trading and Contracting Est
Dammam , Eastern Province - Saudi Arabia
04.2003 - 04.2008
- Leader of accounting department Staff.
- Helping in developing accounting process and team information.
- Following up projects improvement schedule process.
- Following up and controlling trading Sector profitability.
- Following up and controlling farms.
- Following up and controlling projects under construction and financing process.
- Negotiation with banks for facilities (refinancing process).
- Finalizing annual reports.
- Report periodically to General Manager.
- Other consultation procedures.
- Oversaw documentation and reporting of expenses, sales and other transactions.
- Compiled monthly journal entries into general ledger system.
- Success to increase Bank Facilities 100%.
- Refund penalties against delay of project deduction of 5% thorough initiative of delay of Bills payment on time.
Under Training Auditor
Confidential Company
Dammam , Eastern Province - Saudi Arabia
04.2003 - 03.2008
- Execution of major audits including planning, fieldwork; analysis of findings and generation of audit reports and presentation of results.
- Prepare periodic reports to owners and managements of companies, summarizing results of audit activities; keep informed of emerging trends and successful practices in internal auditing; recording accounts of reality of documents in payment voucher, Cash receipts or JV and migrate to ledger and preparation of trial balance to prepare financial statements in accordance with foundations of international standards.
- Preparation of audit program on financial statements audit delay to ensure fairness in light of test samples; which picked up or selected according to audit plan.
- Overseeing annual inventory to make sure company's implementation of inventory must also review confirmation letter which sent to banks and customers.
- Review confirmation letters sent to Suppliers and other external parties to ensure health of their assets or liabilities in company's books.
- Preparation of statement for settlement bank accounts,
- Examination of internal control in accordance with standards and rules governing company's business, whether for public or private money.
- Prepare visibility study for small projects, Prepare documents flow charts.
- Finalized over 250 Audited Financial Statements.
Senior Accountant
El Faleh Sports House
Riyadh , Middle County - Saudi Arabia
02.1992 - 11.2002
- Senior Accountant, Finance Department, Head Office
- Following Up Sales of 30 Branches all over Kingdom
- Reconciliation of Banks Statement.
- Verification of Data Entries in Accounting Program.
- Contribution in Creating and programming in home Accounting Program Designed by IT department in Company.
- Full control of real-estate Department, contribution of creating and preparing new Home made accounting and administration program specific for controlling real-estate section.
- Preparing (quarterly - Annually) financial reports and statements (Trail Balance - Balance Sheet - Income statement - Retained Earnings- Cash flow - Notes on financial statements) which helping decision maker to take action against any remarks or problems needs solution.
- Control and reconciliation of intermediate Accounts for (sister companies - real-estate accounts).
Education
Bachelor of Business Administration - Finance & Accounting
Faculty of Commerce
Egypt - Tanta 1991
Skills
- General accounting and GAAP compliance
- Budgeting and financial management
- Advanced computer proficiency (PC)
- Quantitative and qualitative analysis
- Complex problem solving
- Cash and liquidity risk management
- Financial analysis
- Performance reviews
- Written And Interpersonal Communication
- Cost Control And Reduction
Accomplishments
- Decreased company costs by 5% through accurate financial modelling, budgeting and process improvements.
- Won the “Appreciation Certificate with award recognition ” for the Chief of Accounting Department title in [2011].
- Promoted to (Finance Manager) in year (2016).
- Handled and resolved the largest number of reporting discrepancies in (three weeks) for the Billing to insurance Companies and reduce the rejections ratio's for the M.O.H Invoices.
- Computer Proficiency
Used Microsoft Excel to develop inventory tracking spreadsheets. - Supervision
Supervised team of 38 staff members in Finance Department (Admission & Discharge), (Billing) and (Accounts Department).
Quote
The way to get started is to quit talking and begin doing.
Walt Disney
Timeline
Finance manager
Ekthar & DSAMC Medical Centers (IVF)
01.2022 - 08.2024
Director of Finance and Admin
Al Warood Medical Services Co. LTD,
09.2019 - 12.2021
Finance Manager
Mouwasat Medical Services Co
04.2008 - 09.2019
Accounting Manager
Al Turki Trading and Contracting Est
04.2003 - 04.2008
Under Training Auditor
Confidential Company
04.2003 - 03.2008
Senior Accountant
El Faleh Sports House
02.1992 - 11.2002
Bachelor of Business Administration - Finance & Accounting
Faculty of Commerce
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