BAQER AL-NAKHLI

Leading the company’s general financial planning processes, controlling and coordinating the operating plans, budget and forecasts.

- Manage budgeting and forecasting process, including variances.

- Oversee internal financial controls and compliance environment.

- Develop and implement company policies and regulations.

- Managing the job assignments of Accounting Staff and their appraisal report for management and develop the finance team to enhance functional competency level.

- A team member in ERP conversion project- Lead on the charts of accounts and implementation of ERP.

- Complete financial reports, lead the month-end closing process and conduct monthly financial forecast.

Preparing a financial Reports (Cash Flow, Income Statement, Balance Sheet) processing and review.

- Dealing with external auditors and tax advisory team for direct and indirect tax related activities

- Analysis revenue, expenses, cash flows, and balance sheets.

- Co-ordinate with Internal and Statutory auditors of the company.

Directed IFRS conversion projects for key clients like Al-Hilal FC, conducting comprehensive GAP assessments and preparing opening balances to ensure full compliance with IFRS 15 & 16.

Provided expert financial accounting consultation to SABIC Agri-Nutrients, enhancing the integrity and accuracy of their General Ledger and Chart of Accounts.

Managed complex financial reporting, including the development of dashboard reports and implementation of budgeting control activities, improving fiscal oversight and decision-making.

Conducted specialized financial engagements, including forensic accounting investigations, special purpose audits for a real estate family business, and accounts payable management for the Saudi Tourism Authority.

Prepared detailed project progress reports, performed variance analysis, and managed project closing activities, ensuring timely and accurate financial reconciliation and project completion.

Oversaw full-cycle bookkeeping, including monthly, quarterly, and year-end closings, ensuring the accuracy of financial reports and proper processing of adjustments.

Managed all bank-related activities, including monthly reconciliations, vendor payments, and fund management, maintaining effective communication with banking personnel.

Coordinated with internal and external auditors, ensuring timely provision of documentation and compliance with government accounting regulations.

Administered employee benefits and processed monthly payroll, ensuring timely and accurate compensation for all staff.

Managed fixed assets and accounts payable transactions, including monthly reconciliations, to maintain precise financial records and control expenditures.

Prepared all monthly brokerage and sales executive commissions, alongside updating accounts payable and performing reconciliations, ensuring accurate and timely payments.

Maintained comprehensive and complete filing systems for all accounting documents, journals, invoices, and trial balances, streamlining external audit and regulatory processes.

Generated inter-company reports, management reports, and financial statements, providing critical insights that supported management's strategic decision-making.

Identified and assessed material risks in financial statements during final and interim audits for a diverse client portfolio, enhancing audit efficiency and accuracy.

Executed comprehensive audit procedures, including substantive testing, controls testing, analytical procedures, and stock counts, to validate financial data integrity.

Prepared accurate financial statements and management letters for clients, ensuring full compliance with Deloitte's rigorous firm standards and regulatory requirements.

Gained deep understanding of client business operations, accounting processes, and internal controls to inform audit strategies and deliver actionable recommendations.

Managed comprehensive expense and revenue recording, posting, and creditor management, ensuring accurate financial records and timely payments.

Performed monthly bank reconciliations and managed accounting close processes, including accrual processing and check writing, to maintain fiscal accuracy.

Analyzed and updated balance sheet accounts, including assets, liabilities, and capital, contributing to precise financial reporting.

Actively participated in monthly close activities, ensuring timely and accurate preparation of financial statements.