Waleed Hamdan, CPA

● Provide analysis and advice to the Group Financial Controller and Financial Director on the potential implications of proposed changes in accounting rules/ policies and legislation/ government rules. ● Responsible of preparing Consolidation Financial statement along with the required disclosures ● Make recommendations on how the organization should adopt best practice in terms of financial reporting (wherever applicable). ● Manage the medium-term cash forecasting process and reporting the cash requirements. ● Responsible for producing statutory based set of management accounts, including balance sheet on monthly basis, using this information to assist the Finance Manager/ Regional Controller planning with the production of the monthly management accounts. ● Responsible for preparing, reviewing, and analysing actual, forecasted, and budgeted financial results utilized by both the BU and corporate management team in decision-making processes. ● Monitoring and assessing fixed costs of all business unitsaccording to corporate guidelines and communicating any variances on a timely basis. ● Responsible for managing and controlling the Chart of Accounts. ● Leading the annual audit process. ● Through preparation/ review (as appropriate) of balance sheet/ control accounts reconciliations, ensure the balances reported in the financial statements are complete and accurate. ● Manage the fixed assets register of the organization. ● Ensure that key financial processes are properly documented,updated and reviewed

● Develop the charts of accounts for the entities in accordance with IFRS. ● Review the operational model of the finance function ● Enhance and develop finance policy and procedures ● Update finance organization structure and define job description. ● Prepare comprehensive financial reporting packages timely and accurately in accordance with internal ● Train, coach and support accounting team members; trouble-shoot complex issues; Escalate team, client, or ● Leads team in serving a group of clients, including multiple strategic and/or key clients; Facilitates ● Develop direct reports (as applicable) through goal setting, conducting mid-year and year-end performance

• Oversee the flow of cash and financial instruments • Provide financial reports and interpret financial information to managerial staff while recommending further courses of action. • Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans • Support in oversee operations of the finance department, set goals and objectives, and design a framework for these to be met. • Support top Management in the preparation process of the university budget. • Revise and streamline inefficient work procedures with new process and procedures • Liase with auditors to ensure appropriate monitoring of company finances is maintained. • Align all financial activity with the regulation of IFRS • prepare reports as required by law, regulations or company policies • Correspond with various other departments, discussing company plans and agreeing on future paths to be taken. • conducting reviews and evaluations for cost-reduction opportunities

• Planning and conducting the internal audit reviews to scrutinize systems, manuals, software, procedures, records and management controls. Further, ensuring that audits are completed on time and in accordance with departmental standards and annual plan. • Identifying opportunities for profit improvement and cost reduction through audit examinations, reviewing management controls, and operating efficiency. • Producing well-drafted Audit Reports and reporting the Findings to Deputy Manager - Internal Audit including identified deficiencies, inherent risk, event impact, and recommendations for corrective action. • Developing and updating the Risk Register of the "Auditable Area" including: Sales, Purchase, Warehouse & Inventory and Corporate Functions (HR, Administration, Finance, Credit Control, etc.). • Conducting of Special Purpose Audit (SPL) based on Management Request / Self-Initiative highlighting Significant Control Weaknesses or Contributing to improve the Internal Control System. • Preparing of Working Papers in accordance with Departmental Procedures and Best Practice.

• Conduct compliance and operational audits in accordance with accepted internal audit standards established by Institute of Internal Auditors. • Evaluate the adequacy and effectiveness of internal controls of business functions and processes. • Execute detailed audit procedures, including reviewing transactions, documents, records, reports, and policies and procedures for accuracy and effectiveness. • Prepare working papers which record and summarize performed audit programs. • Participate in prepare comprehensive written reports. • Follow-up on the issued reports to insure timely and adequate corrective actions based on agreed action plan.

• Auditing many types of firms in compliance with International Auditing Standards. • Involving in all stages of the audit, including planning and fieldwork. • Understanding client’s business cycles, test of control environment and system documentation and Accounting system. • Preparing draft financial statements with disclosure’s accordance with International Financial Reporting Standards. • Preparing management letters, comment on weaknesses in the accounting records, systems and controls, reports findings of procedures that could possibly put the company at risk of possible fraud. • A response to identified risks involving the nature, timing, and extent of the auditing procedures to be performed. • Considering a company’s internal controls and procedures, and how these are implemented, when planning the audit; • Designing and conducting audit procedures to respond to the risk that management could override internal controls and procedures; • Preparing Working paper of each audit engagement & Training new employees and trainees.