SAAD ALSHAZLI

About JTECO:

• Top-end building materials company that manages and markets wide range of multi-national brands within Saudi Arabia.
• Part of E.A. Juffali Group.

Work Experience:

• Lead and manage Accounting team, providing guidance, mentorship, and support.
• Ensure compliance with accounting standards, regulations, and local tax requirements.
• Provide accurate, comprehensive and timely information regarding financial status.
• Prepare accurate and timely financial statements, reports, and presentations for management and external stakeholders.
• Coordinate with external auditors during annual audits and manage preparation of audit schedules and documentation.
• Prepare and manage annual budgeting process, including development of financial forecasts and targets in coordination with financial Controller.
• Manage organization's cash flow, including monitoring cash balances, cash forecasts, and liquidity requirements.
• Optimize banking relationships and negotiate favourable terms with financial institutions.
• Ensure KSA VAT and Zakat compliance. Preparation and submission of monthly VAT return report.

About Al-Mutlaq:

Leading Retail Company specialized in Home Furniture.

Work Experience:

• Develop Accounting Function's strategic objectives and business plans in coordination with Director of Finance.
• Develop adequate policies and processes for Accounting function to maintain efficient operational excellence, and communicate with accounting team to ensure clear understanding of these policies and processes.
• Manage and Monitor Accounting activities.
• Verifying accuracy and compliance of all accounting and financial transactions with established rules and accounting principles (IFRS and SOCPA).
• Facilitate periodic audit activities with internal and external auditors.
• Manage Zakat optimization issues and ensure to ensure that company's Zakat policies and practices are consistent with local governmental laws and regulations.
• Implementation of financial system to be applicable with VAT law, and manage preparation of monthly VAT return report and related analysis.
• Provide guidance to team work of accounting function to ensure effective and efficient flow of work.
• Prepare periodic reports of cash flows current position and forecast.
• Manage liquidity and ensure funds are available to meet short term business needs.
• Manage budget preparation process in coordination with all department heads.

• Supervises Accounting Function's team.
• Reviewing daily accounting transactions.
• Handling full spectrum of financial and cost accounting role (AR, AP, FA,GL,CM and budgeting).
• Coordinate with operational Excellence management in developing policies and procedures of Finance management.
• Participating in ERP system (Oracle) implementation process.
• Cooperates with internal audit team to facilitate accomplishment of all required reports.

• Preparation and monitoring of cash flow forecasting and cash projection.
• Preparation of Bank reconciliations for all company's Bank accounts.
• Supervises all showrooms cashiers.
• Following up Daily cash collections of stores.
• Following up all bank claims.
• Managing of refinancing and long term loans.
• Following up L/Cs (opening, amendments, closing and outstanding balances).
• Coordinate with other financial functions.

• Manage daily transactions required for HO.
• Review monthly payroll in coordination with HR function.
• L/Cs management.

• Daily financial transactions.
• Manage all accounts related to customers, suppliers & subcontractors.
• Invoices preparation and billing.
• Prepare monthly payroll.
• Prepare budgets & cash flows for projects.
• Prepare financial statements (quarterly and annually)
• Prepare monthly bank reconciliation.

• Participating in companies' auditing process.
• Prepare audit plan.
• Prepare work sheets & audit notes.
• Participate in preparation of financial statements for companies.

• Participating in companies auditing process.
• Book keeping.
• Support companies to pass tax inspections.