SAUD ABDULMOHSEN ALSAADI
Jeddah
Summary
Experienced accounting supervisor with a strong background in managing financial operations for government and Joint Stock Companies. With 15 years of experience, successfully served as an external auditor, ensuring compliance with regulatory standards and identifying areas for improvement. Skilled in analyzing financial data, preparing accurate reports, and implementing effective strategies to optimize financial performance.
Overview
16
16
years of professional experience
Work History
Accounting Supervisor
Arabian Cement Company
09.2019 - Current
- Control and verification of the documentary cycle of supplier invoices and payments.
- Supervision the preparation of the suppliers register and following up on the payments.
- Supervision the prepayments to suppliers and following up with the Procurement Department.
- Controlling the asset (Additions - Disposals - Amortization).
- Supervision the preparation and submission of VAT returns.
- Supervision and controlling customer transfers and collections.
- Collaborated with external auditors and Internal auditors for timely completion of annual audits, addressing inquiries promptly and accurately..
- Preparation of clarifications to financial statements.
- Preparation and entries of monthly settlement entries (accrued expenses-prepaid expenses) and posting them to the audit balance.
- Controlling the trial balance and its adjustments.
- Assistant to the account manager.
- Collaborated with external auditors for timely completion of annual audits, addressing inquiries promptly and accurately.
- Successfully managed multiple projects concurrently while maintaining strict deadlines and high-quality deliverables.
- Provided journal entries and performed accounting on accrual basis.
Budgeting Specialist
National Water Company
02.2018 - 07.2019
- Preparation of operating expenses budget
- Approval all purchase requisitions
- Preparation of transfers between budget items
- Monitor Budget items analysis
- Provide management with analysis and feedback about budgetary problems
- Created and managed project plans, timelines and budgets.
Accountant
National Water Company
11.2010 - 01.2018
- Analysis of accounts and reclassified
- Monthly reviewing and monitoring of the trail balance accounts
- Preparation of bank reconciliations
- Preparation of reconciliations with related parties
- Preparation of Financial Statements
- Asset Management (Additions - Disposals - Amortization)
- Preparation & Amortization prepaid expenses
- Preparation of accrual expenses
- Provide requirement of internal, external and government auditors
- Check and closing all petty cash
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
Assistant Auditor
Sayed Ayouti & Co. Certified Public Accountants (Moor Stephen) International
02.2009 - 10.2010
- Developed strong working relationships with clients, fostering trust and cooperation throughout the audit process.
- Conducted detailed financial statement analyses to identify discrepancies and potential fraud risks.
- Recommended strategies to correct unsatisfactory conditions and reduce costs.
- Prepared balance sheets.
Trainee in the Accounting and Auditing
Ahmad A.Bajnied & Co. Certified Public Accountants
07.2008 - 08.2008
Education
Bachelor of Science - Accounting
King Abdulaziz University
Jeddah07.2008
Skills
- Outstanding computer skills MS
- Team Leader
- Time management
- Withstand the pressures of work
- Distance Communication skills
- ERP System Knowledge
- Internal Controls
- Teamwork and Collaboration
- Problem-Solving
- Attention to Detail
- Excellent Communication
TRAINING COURSES
- Modern Accounting.
- Oracle Business Suite - General ledger.
- Credit & Collection and Bank reconciliations program.
- SOCPA training Auditing Program.
- Preparation and Analyzing the Statement of Cash flows.
- Financial Statements Analysis Program.
- SOCPA Training - Accounting Program.
- Financial Risk & Root Cause Analysis and Problem Solving.
- Time management and work pressures bearing.
- CVM Company Valuation Modeling.
- VAT Course by SOCPA.
- I completed the third level of six in USA at North Seattle College
- Institutional Work Ethic.
- Asset Assessment and Management in Government institutions in light of the Shift to Accrual Accounting.
- Change Management and Challenges for The Transformation of Government in the Shift to Accrual Accounting
Languages
Arabic
Native language
English
Upper intermediate
B2
Timeline
Accounting Supervisor
Arabian Cement Company
09.2019 - Current
Budgeting Specialist
National Water Company
02.2018 - 07.2019
Accountant
National Water Company
11.2010 - 01.2018
Assistant Auditor
Sayed Ayouti & Co. Certified Public Accountants (Moor Stephen) International
02.2009 - 10.2010
Trainee in the Accounting and Auditing
Ahmad A.Bajnied & Co. Certified Public Accountants
07.2008 - 08.2008
Bachelor of Science - Accounting
King Abdulaziz University
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