Raed Al-Mobayed
Riyadh,KSA
Summary
Deputy CFO with 12 years of experience in directing financial operations and management, developing and establishing corporate financial structures, managing a large team and increasing revenue while decreasing costs to achieving the goal of the company.
Overview
13
13
years of professional experience
4
4
years of post-secondary education
Work history
Deputy CFO
Shababco Lifestyle co- Batarjee Group
Riyadh, Saudi Arabia
10.2019 - Current
- Driving the company's financial planning
- Performing risk management by analyzing the organization's liabilities and investments
- Deciding on investment strategies by considering cash and liquidity risks
- Preparing Financial Model, Pricing Models, Market Research
- Update & study the changes in the Government Regulations having impact on Companies Financial
- Providing supports needed by other Business Units
- Localization, Implementation, advising Top Management to achieve business Goals
- Control and evaluate the organization's
- Manage vendor relationships
- Prepare reliable current and forecasting reports
- Manage team of financial controllers and financial analyst
- Managing Tax, & zakat returns
- Freelancer at Establishing online stores (Sewar Store, Home - sahm for real estate services)
Supervisor Accounting
Unified Real Estate Development
Riyadh, Saudi Arabia
06.2014 - 10.2019
- Reconciled accounts from income and expense data to net worth and assets.
- Maintained integrity of general ledger, including chart of accounts.
- Prepared monthly bank reconciliations with 100% accuracy.
- Analyzed monthly balance sheet accounts for corporate reporting.
- Created periodic reports comparing budgeted costs to actual costs.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Prepared VAT and income tax forms for commercial and individual clients.
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Provided accurate monitoring information to budget holders on monthly basis.
- Investigated budget variances to identify causes and suggest corrective action.
- Collected and collated information and data to prepare annual budgets and forecast projections.
- Checked and imported payroll and pension data to pay salary deductions.
Tax Consultant
Bayouk chartered Accountants
Riyadh, Saudi Arabia
02.2012 - 07.2013
- Oversee the preparation of tax payments
- Estimating and tracking tax returns
- Complete tax reports (periodic and annual)
- Organizing and updating the bank's database and tax files
- Recommend tax strategies that align with business goals
- Prepare the necessary paperwork for tax payments and returns
- Share financial data with the accounting department within the organization
- Identify tax savings and suggest ways to increase profits
- Coordination with internal and external auditors
- Tax forecast forecasts for senior management.
Accountant
Trolley Carriage, works Factory
Riyadh, Riyadh Region
03.2011 - 01.2012
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Updated journal entries and accounts on accrual basis with Xero software.
- Prepared VAT and income tax forms for commercial and individual clients.
Education
Bachelor of Commerce - Accounting
IUG
Gaza, Palestine 06.2006 - 07.2010
certified Finance Manager (CFM) - Finance
GAQMA
Certified Project Management (PMP) - Management
Project Management institution
Diploma - Tax
SOCPA
Riyadh, Saudi ArabiaDiploma - Financial Data Modeling
Mind Cypress
Riyadh,Saudi ArabiaSkills
- Accounts Management
- Experience in budget management
- Understanding the analysis for the financial statements
- Strong understanding of accounting & financial principles, processes and practices
- Ability to predict monthly, quarterly and annual results
- Strong financial, analytical and accounting skills
- Excellent level of accuracy to a high level of detail
- Good calculation and analytical skills
- High planning ability
- Excellent communication and people skills
- High ability to conduct negotiation processes
- Possess analytical and organizational skills
- Ability to strategize and solve problems
- Ability to supervise and track various operations
- Customer service
- Can work under pressure while maintaining high level of energy adaptation
- Ability to use Office programs (QuickBooks Accounting, Excel, Word, PowerPoint, Access, Outlook)
- Ability to use programs (ERP System)
- Excellent Command of Computer
- Business administration
- Business planning
- High-value project management
Languages
Arabic
Native
English
Advanced
Timeline
Deputy CFO
Shababco Lifestyle co- Batarjee Group
10.2019 - Current
Supervisor Accounting
Unified Real Estate Development
06.2014 - 10.2019
Tax Consultant
Bayouk chartered Accountants
02.2012 - 07.2013
Accountant
Trolley Carriage, works Factory
03.2011 - 01.2012
Bachelor of Commerce - Accounting
IUG
06.2006 - 07.2010
certified Finance Manager (CFM) - Finance
GAQMA
Certified Project Management (PMP) - Management
Project Management institution
Diploma - Tax
SOCPA
Diploma - Financial Data Modeling
Mind Cypress
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