Hisham Alghalayini M Sc Accountancy

The Environment Fund finances the operating budget of five national centers specialized in the environment (Meteorology, Vegetation, Wildlife, Compliance, and Waste Management) • Ensure the accuracy and timely submission of environment fund budget and submit it for board approval. • Review, challenge and ensure the timely submission of Centers budgets. • Periodic monitoring, review, and approval for the environment fund and Center by comparing budget vs actual and monitor spending • Circulate long range forecast templates for budget and assist centers in tracking and linking strategic pillars • Review and approve budget requests, track expenditures and revenues and forecast future budget needs • Improve the budgeting cycle and flow in the ERP system

• Issued year-end financial statements approved by audit committee on timely basis • Manage all transactions in the Oracle system including accruals and amortization schedules are properly recorded based on accounting standards. • Ensure financial policies are followed including zakat and tax. • Prepare monthly and quarterly consolidated financial statements. • Submit reports to STC Head Office. • Prepare and present board and audit committee presentations.

• Played important role in analyzing the sales and security of goods • Scenario analysis for complicated sales contracts • Increase the efficiency of operations by automating the process using Oracle ERP system • Manage and accrue for bank time deposits, bank loans, and intercompany loans on monthly basis • Manage mutual funds and reevaluate the investments in accordance to IFRS 9 • Accurately record fixed assets additions and disposals as well as maintaining depreciation records accurately • Ensure the timely submission of VAT and withholding tax reports to the authority • Record the profits earned through the investment in another company using equity method • Month end financial reports and capture key data to make decisions and drive the business

• Consolidate periodic financial statements for twenty one operating companies. • Draft, review, compile, and analyze budget information for senior management including rolling forecasts. • Monitor operating companies and improve timeliness and quality of submissions. • Verify, analyze, and upload Key Performance Indicators (KPIs) on behalf of operating companies. • Build long range strategic plans for operating companies with Group Finance Managers and Vice Presidents. • Review capital expenditures (CAPEX) of subsidiaries companies. • Participated in mapping and uploading of SAP systems. • Performed Equity Accounting on all operating companies and recorded the related entries. • Prepared presentations for External Committee (ExCom) and upper management. • Manage, review, and approve financial as well as management reports. • Verify and analyze payroll functions for operating companies before final transfer of funds.

• Prepare monthly estimated and actual financial statements. • Reconcile the subsidiaries financial statements with Head Office records. • Manage the purchase functions and ensure timely payment. • Assisted external auditors along with year-end closing. • All tasks as “Controller - Corporate” refer to the below.

• Record investment entries based on equity method. • Prepare cash position and cash flow statement. • Prepare accrual and closing entries for the month. • Prepare and manage bank reconciliation and book all necessary adjustment entries. • Prepare, reconcile, and record intercompany transactions involving over forty companies. • Ensure the company dividends were properly distributed and zakat calculated. • Handle all treasury transactions in coordination with Group Treasury Department. • Record loans, time deposits, interest and accruals.

During this period, the company rotated me among threw different finance departments - Financial Planning Department - Treasury Department - Finance Operation Department

- Prepare price and usage variance - Process purchase orders to suppliers - Identify past due customers and followup with key customer - Rout with salesman to understand sales process - Consignment of goods - Understand cost of sales components - Understand warehouse management - Understand fleet department, cooling department, and spare parts using job orders Plant department

During my 6 months in Internal Audit Department, I have audited several companies such as Saudi Xerox Enayah medical Arabian Business Machine Voltas The training had multiple training sessions and seminars including - Financial moduling - Private equity - Cost accounting - Financial accounting standards - Excel - Flow charts - Presentation skills. All of which were performed by well known training institutes. The training program was a great contribution to my career path.

In my 8 months as a senior accountant, I have worked in real estate and investment. I was dealing with daily entries, preparing amortization reports, agining reports, and bank and intercompany reconciliations. I was part of the integration from the old accounting system (Microsoft Dynamics GP) to the new ERP system (SAP). I have affixed bar codes to all fixed assets in the company which was around 3000 items. These bar codes were then triggered by numbers and description to SAP system. Also helped in transfering the data to SAP. I took training sessions before going live into SAP. All of these were a great startup for my career.

• Record all receipts on timely basis. • Maintain and verify receipt vouchers. • Prepare bank reconciliation on monthly basis and clear outstanding balances. • Ensure cash on hand are deposited timely. • Maintain record of all maintenance expenses. • Communicate with customers to ensure that accurate and timely payments. • Distribute dividends to shareholders.