Saddam Haddadin
Riyadh, Saudi Arabiya ,Saudi Arabiya
Summary
I am A Can-Do professional who is aggressive to deliver and seeks to work in reputable growing learning environment organization, I am experienced in financial reporting, auditing, and accounting practice, with a demonstrated history of working in Media Industry and Big Four firms, Skilled in Auditing, Finance, Accounting, Forecasting, Budgeting, Planning, Project Management and Financial Statements.
Overview
15
15
years of professional experience
Work history
Finance Manager
MBC Group, Middle East Broadcasting Center
Riyadh
12.2022 - Current
- Managing the preparation and closing of the company financial statements that represents month-endclosing process for the income statement and the balance sheet in accordance with IFRS, and thecompany policies and procedures along with being part of the year end budgeting process across thecompany
- Performing analysis and reviews of the company's financial statements with the CFO and preparing amonthly management report package that includes flux/variance analysis on the income statementalong with P&L actuals versus budget / forecast analysis
- Successfully manage inter-company transactions between global entities, ensuring accurate and timelyreconciliation of balances
- Collaborated with cross-functional teams to streamline financial operations and optimize financialperformance
- Oversee the fixed assets accounting, including depreciation schedules, asset tracking, and compliancewith relevant accounting standards
- Manage accruals processes, ensuring accurate and timely recognition of expenses and revenues,collaborate with department heads to develop and track budget forecasts, providing insights forinformed decision-making, conduct financial analysis and provided recommendations to enhanceoperational efficiency and profitability
- Been part of migration project from Oracle EBS to Oracle Fusion, ensuring a seamless transition andminimal disruption to financial operations
- Collaborated with IT and finance teams to map business processes, data structures, and hierarchies fora smooth system migration
- Successfully migrated trial balances for the entire group, ensuring accuracy and completeness duringthe migration process
- Oversaw data validation and testing to verify the integrity of financial data post migration, ensuringdata accuracy for financial reporting
- Streamlined migration processes, resulting in enhanced efficiency and reduced migration timelines
- Implemented post migration support measures, addressing any issues or concerns promptly.
INTERNALFinance Supervisor
MBC Group, Middle East Broadcasting Center
Dubai
01.2014 - 12.2022
- Generate monthly financial reports for all MBC Group's entities and business units
- Manage internally the annual financial audit process (interim audits and the scheduled internal audits)
- Lead the preparation of audit requirements with the external auditors and relevant finance sections andbusiness units
- Ensure timely and accurate submission of audit requirements by all sections and business units
- Review monthly financial closing reports of all the Group's departments
- Analyse discrepancies and verifyfigures
- Perform variance and revenue analysis for all departments, on the monthly quarterly and annual basis
- Prepare annual budget and arranged departmental budget reviews
- Create alternatives and recommended courses of action to reduce costs and improve the group's financialperformance
- Consult with upper management to influence long-term strategic decisions
- Propose and discuss with management and section heads process improvement ideas and ways ofimplementation
- Develop and revise department's policy and procedures to ensure and enforce the implementation of thesepolicies to all sections within the department.
Senior Auditor
Ernst and Young, EY
Dubai
09.2010 - 01.2014
- Understanding the client's businesses by conducting meetings with various key personnel from differentdepartments in order to gain a better understanding of the business's flow of operations, related controls, andmajor business cycles
- Examining various analytical procedures belonging to different financial statement accounts to better analyzethe variations in the statement of comprehensive income & statement of financial position
- Delegating relevant audit tasks to junior team members and supervising them to ensure timely and effectivecompletion of the work done by them
- Performing substantive procedures for critical areas of the audit in accordance with ‘International standards on
- Auditing' and insuring compliance with IFRS and other relevant rules and regulations
- Reviewing financial statements and preparing all deliverables in a timely manner, including the presentation onfinancial highlights to audit committee, management letters (highlighting control weaknesses andrecommendations) and other deliverables
- Updating the Partners and Managers in charge of the audit engagements with the issues, findings and results ofthe field work conducted
- Preparing engagement budgets and continuously monitoring KPIs of the engagements.
INTERNALAccountant
General Electric, GE
10.2008 - 07.2010
- Maintained the financial ledger of legal entity in compliance with local laws and GE GAPs
- Booked journals to reflect financial activities in compliance with the local laws and GE GAPS (includingaccruals, fixed assets, stock/inventory, accounts receivables, accounts payables and expenses)
- Ensured timely and error free account reconciliations
- Performed regular balance sheet and variance reviews
- Ensured all expenses paid and recorded in GE accounts system, ensuring compliance with the standardoperating procedures and company policies
- Generated reports upon corporate request.
Education
CMA Candidate - Completed Part (1) -
Wiley Efficient Learning
Bachelor of Commerce - Accounting
Philadelphia University
2008
Skills
Technical Experience
- Proficient with
- Microsoft Office (Excel, Access, Word, PowerPoint, Power BI)
- Experienced in finance ORACLE EBS software
- Experienced in finance ORACLE Fusion software
Training Courses
- Attended online courses for:
- International Financial Reporting Standards (IFRS), Generally Accepted
- Accounting Principles (GAAP), Generally Accepted Auditing Standard (GAAS) and EY audit methodology
Languages
Arabic
Native
English
Fluent
Timeline
Finance Manager
MBC Group, Middle East Broadcasting Center
12.2022 - Current
INTERNALFinance Supervisor
MBC Group, Middle East Broadcasting Center
01.2014 - 12.2022
Senior Auditor
Ernst and Young, EY
09.2010 - 01.2014
INTERNALAccountant
General Electric, GE
10.2008 - 07.2010
CMA Candidate - Completed Part (1) -
Wiley Efficient Learning
Bachelor of Commerce - Accounting
Philadelphia University
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