TALAL ALTARFAN FMVA®, CertIPSAS®,CertIFRS®

Work History

Oversight and Anti-Corruption Authority

Riyahd, Al Riyadh

05.2020 - Current

Develops comprehensive departmental annual budget and detailed forecasts.
Develop rolling periodic forecasting, internal goals of the organization, and approved annual budget updates to provide senior management and the board of directors with continuous insight for 12 months.
Ensure solid financial assumptions are made and used in preparing the annual budget (submitted to the board of directors), forecast (submitted to the board of directors) and internal objective (submitted to the CEO and senior management).
Ensure that best industry practices for financial planning and budget control are followed up and shared if required.
Conduct continuous monitoring and analysis of all business performance indicators in general to ensure consistency with the short-term financial plan, as well as an understanding of the in-depth details of actual business processes that will then be reflected in future plans.
Submit reports periodically to senior management on results and differences against the plan.
Maintaining a budget controller on ERP, analyzing current and future obligations periodically and assessing their impact on the future status of the organization.

Oversight and Anti-Corruption Authority

Riyahd, Al Riyadh

11.2017 - 05.2020

Follow up on all administrative, technical, and legal aspects related to contracts.
Monitor supplier/contractor implementation of all contract terms and conditions.
Ensure that the contractor abides by its contractual obligations, including ensuring good execution, clearing the down payment, and procedures for ending and closing the contract.
Reviewing the contracts/invoices of the supplier/contractor.
Entering contract requirements and data in the Oracle system, Sibel system, or Etimad system.
Review the supplier/contractor monthly abstracts and follow up on the completion of their procedures with the relevant departments.
Inspected account books and accounting systems for efficiency, effectiveness and use of accepted accounting procedures to record transactions.
Reviewed information provided by business partners to confirm client compliance and accuracy with established policies and procedures.
Analyzed risk and evaluated internal and management controls.
Confirmed company's profitable holdings, account balances and debt obligations by reviewing databases and other financial sources of information.
Developed audit guides promoting economy, efficiency, and accountability in operations management.

Oversight and Anti-Corruption Authority

Riyahd, Al Riyadh

09.2013 - 11.2017

Designing and preparing budget preparation models and instructions according to the system of (economic classification system for government financial statistics 2001) under the supervision of the Director General and distributed to the Authority's departments to prepare budget estimates accordingly.
Examine departmental estimates of their needs and submit them to the Director general, in preparation for the preparation of the Committee's annual estimated budget.
Budget items shall be sent after approval to the organizational units of the Authority.
Follow up the implementation of the approved budget of the Commission, prepare comparative reports, with recommendations and observations.
Prepare and submit conversion decisions for approval.
Presented financial aid workshops to help groups of students and parents navigate process.

General Court of Audit

Riyahd, Al Riyadh

04.2012 - 05.2013

Integrity of the issuance of the general financial system for current expenditures.
Cash flow follow-up Special financial system for capital expenditure.
Check the validity of the monthly financial transfer procedures related to the related expenses.
Ensure availability of cash (financial ceiling) and that it is enough to cover the amount of maintenance.
Ensure that provisions are available for capital expenditures.
Check for conversions between budget items that have been made in accordance with the rules and regulations and have been made by those authorized.
Make sure that the Commissioner supervises the tunnels and that maintenance is within the jurisdiction of the authorized person.
Consider the implementation of the provisions of the applicable financial laws and regulations in relation to alimony.
Led organizational cash flow and cash flow forecasting initiatives.

Sale Distribution & Communications Limited (STC Channels)

Riyahd, Al Riyadh

04.2008 - 03.2012

Work with procedures for preparing salaries, accounts receivable, and accounts receivable.
Processing incoming payments by check and credit card.
Receiving, processing and regularizing data.
Preparing the monthly, quarterly and annual financial statements.
Create and review monthly and periodic reports.
Preparing and preparing bank deposits.
Help prepares for annual audits.
Preparing and distributing samples of annual tax files.
Ensure that internal accounting procedures are complied with.
Strengthened financial management processes to bring errors to near-zero in reporting, payroll administration and general bookkeeping.