Abdullah Ahmed Mohammed Al Shateri, Financial Director

Abdullah Ahmed Mohammed Al Shateri

Financial Director

Orbital Horizon Industrial Factory

Location
Saudi Arabia - Jeddah
Education
Master's degree, MBA - Finance & Accounts
Experience
24 years, 3 Months

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Work Experience

Total years of experience :24 years, 3 Months

Financial Director at Orbital Horizon Industrial Factory
  • Saudi Arabia - Jeddah
  • My current job since January 2014

• Develops implements and maintains systems, procedures and policies. Develops accounting policies to comply with generally accepted accounting principles, tax requirements, and management reporting requirements.
• Acts as a liaison between the company, government and external accountants to meet information needs and to ensure that proper information maintenance for historical purposes.
• Selects and hires employees for the groups mentioned above. Trains and evaluates employees to enhance their performance, development, and work product. Prepares and recommends operating and personnel budgets for approval.
• Generates timely and accurate financial and management reports on a consistent basis: weekly, monthly and quarterly.
• Interprets operating results as they affect the financial aspects of the organization and makes specific recommendations for cost reduction and/or profit improvement.
• Participates in quarterly Board of Director meetings and present as necessary
• Assist in due diligence and post-acquisition integration for add-on investments
• Accounting control to insure that expenditures are within budgeted and planned
• Establishes formal internal control policies and procedures.
• Prepare monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks.
• Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
• Providing Board of Directors with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintaining Cost Accounting System

Group Finance Manager at Al Saggaf Trading Co. Ltd.
  • Saudi Arabia - Jeddah
  • January 2010 to December 2013

- Work as Finance Manager to oversee and ensure complete and compliance of final statements
- Prepare credit analysis reports and financial review for different departments and divisions to top management and internal use.
- Prepare Reports for risk section with remarks and recommendations for decisions
- Work on new subsidiaries establishment of policies and costing procedures

Finance Manager at Al Saggaf Trading Est., Jeddah
  • Saudi Arabia - Jeddah
  • September 2008 to January 2010

* Handle and supervise different operational and financial functions
* Prepare credit analysis reports and financial reporting review for credit applications of different divisions in the group.
* Prepare Risk Reports for group's board of directors with remarks and recommendations for decisions
* Play key role in turning potential financing opportunities into successful applications
* Review company compliance with all applicable laws and procedures for further legal actions.

Administrative Manager at White Horizon Est., Jeddah
  • Saudi Arabia - Jeddah
  • March 2006 to September 2008

• Handled different operational functions
• Worked as data processing executive of daily operations.
• Assisted the front line and customer services, in order to handle and meet clients operational needs

Assistant Manager at Al Saggaf Trading Est., Jeddah
  • Saudi Arabia - Jeddah
  • June 2003 to March 2006

• Engage in the procurement process from overseas suppliers.
• Evaluate Suppliers and work on bid analysis.
• Plan and oversee the company purchasing needs and budgets

Administrative Manager at Union Favor Limited
  • China
  • February 2001 to June 2003

• Manage and handle different operational functions
• Oversee the periodical financial reporting and preparation of statements
• Manage the budgets of Company
• Develop, Review & Analyze strategies and business plans for new leads
• Review all banking and treasury operations to ensure risks are adequately managed.
• Ensure all Policies & Procedures are adhered to and all Regional and Corporate deadlines are met.

Assistant Auditor at Bajunid and Co
  • Saudi Arabia - Jeddah
  • August 2000 to January 2001

• Work in preparation of clients files, and complete all required credentials and documents.
• Arrange for onsite visits to clients to verify procedures and accounting policies compliance.
• Work closely with senior auditors to rectify and disseminate audit points with clients, and to prepare the required auditors' reports

Management Trainee at RHB Bank
  • Malaysia
  • January 2000 to June 2000

• Assisted divisions managers in preparation IBD (Islamic Bank Department) Corporate Planning
• Worked in loan consumers' application appraisal
• Programmed Pricing Schedule and evaluation forms in MS Excel

Education

Master's degree, MBA - Finance & Accounts
  • at The University of Liverpool
  • July 2013

Master of Business Administration - Finance & Accounts The University of Liverpool, United Kingdom Undertook a Dissertation paper of "Islamic Insurance and Takaful Applicability to non- Muslims consumers"; Awarded July 2013

Bachelor's degree, Business Administration
  • at International Islamic University Malaysia
  • January 2000

2000 Bachelor Business Administration International Islamic University Malaysia, Kuala Lumpur, Malaysia

Diploma, Intensive English Language Program
  • at International Islamic University Malaysia
  • January 1999

1996-1999 Completion of Intensive English Language Program International Islamic University Malaysia, Pre-university Language Studies, Kuala Lumpur, Malaysia Passing University EPT English Test with average score of 6.5 (An Equivalent Scale to IELTS test.

High school or equivalent, Applied Sciences Discipline
  • at Um Al Qurra Secondary School
  • June 1994

Secondary School - Applied Sciences Discipline Um Al Qurra Secondary School, Jeddah, Saudi Arabia 1994

Bayt Tests

Financial Analysis Test
Score 68%

Specialties & Skills

Financial Analysis
Risk Management
Foreign Exchange Management
Islamic Finance
Change Management
ADMINISTRATIVE MANAGER
BANKING
BUDGETS
CLIENTS
CREDIT ANALYSIS
FINANCE
FINANCIAL REPORTING
OPERATIONS
ERP Environment

Languages

Arabic
Expert
English
Expert