Summary
Overview
Work history
Education
Skills
Additional Information
Languages
Personal Information
Timeline
Generic
Osama Salahat

Osama Salahat

Riyadh,Saudi Arabia

Summary

To seek a challenging position as Assistant CFO or Manager Department with opportunity & growth that would best fit qualifications and skills for continues improvement.

Goal 2024-2025 Certified Public Accountants have registered for the membership of the Saudi Organization for Certified Public

Accountants

Damin Insurance Broker Co

Specialized in insurance brokerage of all types and has an online insurance brokerage platform .

The Absal Group includes 11 companies, I work as a Senior Accountant and Assistant CFO for Absal Investment Company (Hold Co.), which owns share in most of these companies.

Overview

19
19
years of professional experience
2007
2007
years of post-secondary education

Work history

CFO

Damin Insurance Broker Company
Riyadh, Saudi Arabia
08.2022 - Current
  • Generated and presented monthly financial statements to Top management.
  • Partnered with auditors to prepare yearly audits and ensure compliance with tax guidelines.
  • Led team of staff to achieve goals through proactive planning and coaching.
  • Know requirements of Insurance Authority
  • Knowledge of financial procedures and insurance brokerage Online (Aggregator ) .
  • Knowledge of requirements of IFRS for proving intangible assets
  • Prepared monthly bank reconciliations with ( Online Aggregator ) .
  • Analysed monthly Suppliers balance accounts for corporate reporting.
  • Created periodic reports comparing budgeted costs to actual costs.
  • Analysed monthly reporting to reconcile production operations and general ledger.

Assistant CFO

Absal Group
Riyadh, Saudi Arabia
01.2020 - 08.2022
  • Make full financial statement ( Stand-alone & Consolidation).
  • Analysis financial statement.
  • Zakat and Tax.
  • Internal Audit.
  • Bank relations officer (Facilities and Loans).
  • Increased accuracy of cost analysis by introducing effective costing system.
  • Produced Cost reports comparing actual performance to budget and provided expert commentary of possible causes of variances.

Senior Accountant

Absal Group
Riyadh, Saudi Arabia
01.2014 - 01.2019
  • Bank Reconciliation,
  • Report Of Bank Facilities
  • Report Of Revenue & Expenses (Group Department)
  • Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
  • Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
  • Created periodic reports comparing budgeted costs to actual costs.
  • Reviewed and processed employee expense reports and vendor invoices for payment.

Accountant

Astra Food Co.
Khamis Mushit
02.2006 - 01.2014
  • Data Entry (Expenses & AR Collections), Inventory Control, AR Control, Sales Control

Education

Bachelor of Accountant - Accounting

University of Jordan
Amman, Jordan

Skills

  • Excellent Microsoft Office
  • Good at negotiations
  • ERP System
  • Team worker
  • Leadership
  • Analyze financial Statement
  • Preparing Financial Reports
  • Maintain Financial Records
  • Managing Accounts Department
  • Conducting meetings
  • Problem solving
  • VAT returns
  • Payroll
  • Data analysis
  • Budget management
  • IFRS knowledge ( Course Only )
  • CMA Part One ( Course Only )

Additional Information

Make Financial Statement ( Abdullah Al-Shoial and Sons Real Estate , Corderoy and Partner (Consultant Co.), Absal Rent a Car (Rent a Car) , Absal Steel Factory.

- VAT Guideline

- Follow up installment requests

- VAT returns.

- Follow up with zakat Requirements.

- Tax and Zakat Relation Officer Open new account

- Update account - Issues LC & LG.

- Bank Relations Officer Monthly budget

- Annual budget.


Languages

Arabic
Fluent
English
Intermediate

Personal Information

  • Date of birth: 11/07/83
  • Nationality: Jordanian
  • Marital status: Married
  • Wife & 4 Child

Timeline

CFO

Damin Insurance Broker Company
08.2022 - Current

Assistant CFO

Absal Group
01.2020 - 08.2022

Senior Accountant

Absal Group
01.2014 - 01.2019

Accountant

Astra Food Co.
02.2006 - 01.2014

Bachelor of Accountant - Accounting

University of Jordan

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Osama Salahat