Imad Semsom, Fmva, Cbap©, Cfm, Cfc Email and Phone Number
Highly experienced Finance Manager with a proven track record of 13 years in financial reporting, IFRS, and corporate finance across diverse industries, spanning from start-ups to company closures. Strong leadership skills in team management and process improvement, with a commitment to optimizing financial operations and ensuring compliance with regulatory standards. Proven ability to deliver actionable financial insights and foster cross-functional collaboration to achieve business objectives effectively. Seeking to leverage expertise in strategic financial planning, budgeting, and financial analysis to drive sustainable growth and profitability within a dynamic organization.
17Sixty
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Finance Manager17Sixty Sep 2021 - PresentJeddah, Makkah, Saudi Arabia• Provide strategic financial guidance and collaborate with senior management in setting and achieving financial goals that are aligned with overall corporate objectives and industry trends• Prepare comprehensive financial statements, including Trial Balance, Balance Sheet, Profit and Loss statements, and Zakat declarations (KSA)• Conduct detailed financial analysis to provide insights into financial performance, trends, and forecasts to support strategic decisions• Manage cash flow effectively, ensuring liquidity and financial stability during periods of business expansion and market volatility• Ensure compliance with regulatory requirements and Generally Accepted Accounting Principles (GAAP) in all financial activities and reporting• Monitor fund utilization, financial controls, and internal audit processes to safeguard company assets and maintain financial integrity• Maintain accurate records of company assets, liabilities, and banking transactions to ensure financial transparency and compliance• Implement effective cost control measures and financial strategies to optimize profitability and operational efficiency -
Finance ManagerDirect Source Engineering Solutions Mar 2020 - Aug 2021Jeddah, Makkah, Saudi Arabia• Implemented strategic financial restructuring initiatives to optimize profitability by reducing liabilities and expenses• Managed the company's financial situation during the pandemic, minimizing risk and ensuring stability through proactive financial management• Conducted detailed account analysis, executing precise month-end processing, and producing accurate financial reports• Collaborated closely with external auditors to ensure accurate and seamless audit processes through comprehensive preparation and timely response to audit queries• Cultivated positive relationships with banks for facilities contracts, diligently following up on guarantees, and ensuring compliance with financial reporting requirements• Reviewed bank account reconciliations, monitored daily cash flow, and ensured strict payroll control to maintain financial discipline• Monitored financial performance against budgets, identifying variances, and recommending corrective actions as needed• Maintained a comprehensive system of accounts, recording all company assets, liabilities, and financial transactions
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Financial AnalystSaudi International Company For Agencies And Commerce Feb 2016 - Feb 2020Jeddah• Performed detailed account analysis and oversaw corporate month-end processing and reporting, ensuring accuracy and adherence to deadlines• Discussed and implemented financial plans proposed by management to achieve profitability and operational efficiency goals• Reviewed, investigated, and corrected errors and inconsistencies in accounting entries, documents, and reports to maintain financial accuracy• Reviewed and verified all bank reconciliations and managed Letter of Credit/guarantee financing to support operational and financial activities• Identified cost-saving initiatives and financial efficiencies, implementing controls to achieve savings against budgetary targets• Provided leadership and guidance to the finance team, overseeing general ledger accounting, accounts payable, accounts receivable, and payroll functions• Successfully acquired and integrated a new factory, expanded operations, and contributed to a significant increase in annual revenue to 3 million SAR in the first year• Reorganized and developed new financial procedures and controls, enhancing efficiency, accuracy, and transparency across multiple sales points in KSA, the factory, and project sites
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Head Of AccountingFirst Western Company Oct 2013 - Jan 2016• Monitored compliance with Socpa standards, GAAP, and company procedures, ensuring financial transactions were recorded in accordance with regulatory requirements• Compiled and analyzed financial information, accurately preparing entries for General Ledger (GL) accounts and cost centers• Prepared comprehensive work papers, supported schedules, and managed the annual financial review process to ensure precision and adherence to regulatory requirements• Managed payables and debtors, implementing strategies to optimize collections and align with payment terms to improve cash flow management• Demonstrated strong leadership by monitoring Letter of Credit/guarantee financing and ensuring compliance with contractual obligations• Managed the development plan for department employees, fostering growth, enhancing skills, and promoting a culture of continuous improvement• Conducted thorough reviews, investigations, and corrections of accounting entries, documents, and reports to ensure accuracy and consistency
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Chief AccountantRabya Trading And Agriculture Co Sep 2008 - Oct 2013
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Senior AccountantMirage Travel Mar 2012 - Oct 2012Jeddah, Makkah, Saudi Arabia
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AccountantRabiya Agriculture And Trading Co Sep 2008 - Mar 2012
Imad Semsom, Fmva, Cbap©, Cfm, Cfc Education Details
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Business Administration And Management, General
Frequently Asked Questions about Imad Semsom, Fmva, Cbap©, Cfm, Cfc
What company does Imad Semsom, Fmva, Cbap©, Cfm, Cfc work for?
Imad Semsom, Fmva, Cbap©, Cfm, Cfc works for 17sixty
What is Imad Semsom, Fmva, Cbap©, Cfm, Cfc's role at the current company?
Imad Semsom, Fmva, Cbap©, Cfm, Cfc's current role is Finance Manager | Senior Financial Controller | Financial Analyst | Financial Consultant.
What schools did Imad Semsom, Fmva, Cbap©, Cfm, Cfc attend?
Imad Semsom, Fmva, Cbap©, Cfm, Cfc attended Saint Joseph University Of Beirut.
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