Faisal Almalki Email & Phone Number

Riyadh, Sa

Riyadh, Saudi Arabia

Riyadh, Saudi Arabia

- Leading and supervising the Accounting team to ensure precise task execution and adherence to deadlines.- Compiling comprehensive monthly reports covering sales, receivables, payables, assets, investments, VAT, Withholding tax, customer contract updates, aging analysis, and trial balance.- Actively contributing to the refinement of procedures and policies, especially in areas like project funds, write-offs, disposals, capitalization, communication, and documentation.- Developing and presenting a detailed managerial dashboard, highlighting Balance Sheet, Profit & Loss, and critical financial ratios.- Leading the budgeting process to guarantee effective financial planning and optimal resource allocation.- Conducting thorough monitoring of expenditures, revenue analysis, and identifying budget variances for proactive financial management.- Orchestrating the successful transition and integration process to the ERP system, serving as the project manager.- Providing direct financial insights to the General Manager, facilitating strategic decision-making.

King Abdullah Economic City, Makkah, Saudi Arabia

- Conducted precise audits of fund transfers, ensuring compliance with internal policies.- Implemented monthly reporting, analyzing cash flows and processing times for improvement.- Compiled accurate cash flow reports, providing critical financial insights.- Managed debtor analysis and updated balance reports, optimizing cash flow.- Demonstrated proficiency in prompt intercompany balance collection.- Acted as primary liaison with HSBC, maintaining an effective banking relationship.- Ensured compliance with all banking regulations and standards.- Prepared comprehensive Capex & Opex reports for project management.- Generated progress reports for projects funded by external institutions.- Managed unused cash effectively through strategic trading.- Ensured accurate recording of investment gains, losses, and dividend income.- Pitched the presentation Oracle cash management module to the top management and secured the approval to go with it.- Provided regular reports and updates to the Senior Treasury Manager and Finance Operations Director.

Riyadh, Saudi Arabia

Marafiq Co. Subsidiary of SMASCO- Oversaw team to ensure timely task completion.- Led FY2020 closing with Baker Tilly Firm.- Reviewed and posted AP, AR, and GL Operations.- Maintained clear monthly Trial Balances.- Implemented effective collection policy and aging follow-up strategies.- Orchestrated payment scheduling for defaulting clients.- Monitored inventory for cost efficiency.- Prepared detailed asset depreciation reports.- Spearheaded targeted collection initiative during pandemic recovery, achieving 92% of goal with a team +60M.- Managed seamless transition of opening balances, conducted CRM integration tests with Dynamics AX, and customized roles for accounting team.- Reported directly to Finance Manager.

Jeddah, Makkah Region, Saudi Arabia

- Oversaw and managed meticulous AP and AR Operations, ensuring accuracy and compliance.- Compiled detailed SADAD and bank reconciliation reports, emphasizing precision in financial records.- Implemented a rigorous aging report system, actively liaising with the collection team to expedite the payment process.- Maintained stringent control over petty cash disbursements.- Provided comprehensive financial updates to the Chief Accountant, highlighting key auditing insights and financial compliance matters.

Riyadh, Riyadh Region, Saudi Arabia

- Managed AR and led collection efforts.- Prepared detailed reconciliation and aging reports, ensuring financial accuracy.- Implemented strict cash control measures and oversaw banking transactions.- Reported directly to the General Accountant, emphasizing auditing insights and financial updates.

Riyadh, Riyadh Region, Saudi Arabia

- Conducted thorough audits of product transactions, ensuring compliance with regulations.- Prepared reports to enhance procedures, aligning with Central Bank recommendations.- Maintained regular communication with the Auditing Supervisor, providing updates on audit progress and findings.- Underwent a specialized program sponsored by the bank, acquiring a proficient grasp of auditing principles, particularly tailored for the banking industry.- This role honed my skills in precise auditing, regulatory compliance, and generating insightful reports to optimize operational efficiencies.

Bachelor Of Business Administration - Bba, Accounting

Diplom Management Technology, Accounting

Professional Diploma, Banking And Investment Operations