Nasser El-Kodsi

• I was responsible for the daily journal entries and bank reconciliation in addition to safe keeping.

• Where in the first year I was trained on auditing and accounting transaction and later on I was responsible for direct auditing of several types of Establishments and
• Companies.

• Responsible for all daily accounting transaction such as preparing journal entries, entering journal entries
• Posting journal entries into General Ledger
• Handling Accounts Payable and Accounts Receivable
• Preparing Income Statement and Balance Sheet
• Responsible for the L/C’s and foreign purchases
• Responsible for all banks reconciliation
• Assists users in resolving software problems
• Install and configure the LAN software
• Prepared working papers, reports and supporting documentation for audit findings.
• Expedited payroll and invoicing by streamlining billing systems.
• Monitoring payment process to our vendors

• Using Oracle system and my duties were as follows:
• Responsible for subcontracts and related issues
• Preparing work sheet for each subcontractor and for the accrual of expenses
• Preparing daily journal entries
• Posting in to General Ledger and checking of that posting
• Responsible of the A/P and A/R
• Preparing of the semi-annual and annual income statement
• Dealing directly with insurance companies and handling the entire Medical and general insurance transaction
• Responsible for the accounting transaction of tow of our sister companies
• Monitoring payment process to our vendors
• Negotiated price and service with customers and vendors to decrease expenses and increase profit.

• Prepare monthly, Semi Annual and Annual financial reports
• Provide detailed Analysis for each Service Order
• Inspect contracted report progress on a daily basis
• Prepare and follow up PAF and its related issues
• Perform job completion evaluations and acceptance reviews
• Responsible for project commercial proposals
• Development of project procedures and guidelines
• Development of unit rates, salary structures
• Responsible for man power changeability on Service Order
• Enhanced project efficiency by implementing streamlined processes and optimizing resource allocation.
• Scheduled and facilitated meetings between project stakeholders to discuss deliverables, schedules and conflicts.
• Negotiated contracts with vendors for optimal pricing while maintaining quality standards across all stages of the project lifecycle.
• Reviewing proposals and subcontracts
• Coordinate with the billing section for common reports
• Prepare and follow up PAF and the related issues
• Prepare the SO estimates and organization charts
• Prepare the weekly and monthly cost reports
• Prepare the loading and of loading reports
• Review time sheets and preparing weekly time sheets summary
• Prepare PES periodical reports
• Perform job completion evaluations and acceptance reviews
• Coordination with the PMS Aramco team
• Coordinate with the SAPMT of each SO

• Saudi Aramco
• One of six people selected in March 2005 to establish a new strategic long term joint venture in conjunction with Saudi Aramco in the Eastern Province city of Al-Khobar
• The purpose of the joint venture is to undertake engineering and construction of complex hydrocarbon projects for Saudi
• Aramco worldwide
• Some of the major highlights were as follows:
• Established project design office in just under one month from signing of Contract
• Rapid mobilization of initial project team comprising 52 local and expatriate personnel
• Involvement in all aspects of people logistics including visas and work permits
• Very quickly established a good rapport with key Saudi Aramco personnel
• Implemented project controls and systems in compliance with the Consortium Policies and
• Saudi Aramco’s Program Administration Controls Procedures
• Established local project financing and banking facilities
• Established the Billing system
• Established the cost report structures
• Developed a strong project controls team comprising Saudi nationals and expatriates
• Well-managed operating profit and positive cash flow from inception of the project
• Provide detailed analysis for each project
• Personally involved in the continuous improvement of all aspects of project performance through the facilitation of Saudi Aramco’s Lessons Learned Best Practices
• Involved in all aspects of statutory reporting and local taxation issues
• Ongoing mentoring and OJT of junior personnel in the project controls team
• Produced monthly financial reports and KPI/ KPO reports
• Produced monthly status report to Saudi Aramco covering all aspects of contract
• Involved in training fresh graduate Saudi employees
• Very talented and powerful in preparing presentation using Power Point
• Some of the major projects undertaken by the JV were as follows:
• Preliminary Engineering BI 10
• Project J-508: Expand Sanitary waste water Treatment Project (LSPB) Location: Abqaiq, Main Contractor: Saudi Aramco
• Project J-509: Install East West Sales gas pipeline Extension (LSTK) Location: Khurais, Main Contractor: Saudi Aramco
• Project J-510: Install Pipeline Scrapping Facilities (LSTK) Location: Abqaiq, Mubarraz, Udhaliyah, Main Contractor: Saudi Aramco

• Established a branch in KSA for one of the biggest contracting companies in UAE
• Established performance goals for employees and provided feedback on methods for reaching those milestones.
• Some of the major highlights are as follows:
• Finalized all the registration requirements for the company
• Established the financial software
• (Microsoft ERP)
• Established the financial and administrative procedures and policies
• Established local project financing and banking facilities
• Established the Billing system
• To ensure the overall smooth running of the Company’s internal administration and its cost- effectiveness
• Well-managed operating profit and positive cash flow from inception of the project
• Provide detailed analysis for each project
• Managed all the bank transaction (bid bonds , performance bonds, L/Cs, credit facilities)
• Established a detailed data base for procurement department
• Implemented project controls and systems
• Produced annual and semi-annual financial budgets
• Produced monthly KPI/ KPO reports
• Produced monthly, Semi Annual and Annual financial reports
• Provide detailed analysis for each project

• Providing financial analysis of the ongoing projects with an overall control on the cost and cash flow reports in addition to maintain a daily follow up on our collection and invoicing process
• Determined pricing, margins and risk factors for active and proposed projects.
• Handled Budgets and Financial reports analysis for projects with a value of more than 1 Billion SR
• Reviewed Bids Estimations for new targeted projects
• Applied “ Lesson Learned “ sessions related to completed projects
• Generated new SAP modules with the IT Department
• Established Projects Profit and loss
• Established the cost reports (estimate to complete) for all ongoing projects
• Established an invoice tracking system
• Established reliable cash flow reports
• Provide detailed analysis for each project
• Produced monthly KPI / KPO reports
• Over all control on our invoicing process
• Follow up and help in resolving any pending issues related to our invoices payment
• Conducted a weekly Progress meeting with PMT to resolve pending issues
• Built a strong relation with Clients representatives
• Some of the major projects undertaken by the JV were as follows:
• Project J-508: Expand Sanitary waste water Treatment Project (LSPB)
• Location: Abqaiq, Main Contractor: Saudi Aramco
• Project J-509: Install East West Sales gas pipeline Extension (LSTK)
• Location: Khurais, Main Contractor: Saudi Aramco
• Project J-510: Install Pipeline Scrapping Facilities (LSTK)

Location: Abqaiq, Mubarraz, Udhaliyah, Main Contractor: Saudi Aramco

• Responsible for the efficient running of the all back-office operations, the effective control of its financial and human resources, and of the technical, IT and administrative systems, in order to contribute to the delivery of the company’s overall artistic and commercial objectives
• Manage the Company’s financial affairs, including management and statutory accounts together with longer term financial projections and to ensure that the most efficient and effective financial control systems and reporting mechanisms are in place
• Prepare quarterly management accounts and projections and other relevant reports, in consultation with the General Director and other departments
• Prepare the year-end financial accounts for audit and to liaise with the Auditors prior to sign- off
• Supervise the production of regular salary payments and records
• Deal with the company’s bank in respect of payments and receipts, foreign currency rate and currency hedging negotiations
• To ensure that all bank accounts and credit card statements are regularly reviewed and reconciled
• Efficiently manage all external contracts and to ensure that all the Company’s expenditure is correctly authorized and accounted for
• Ensure the overall smooth running of the Company’s internal administration and its cost- effectiveness
• Manage, in conjunction with the Managing Director, staff contracts and HR matters
• Created and updated records and files to maintain document compliance.
• Ensured compliance with relevant regulations by updating policies and procedures in accordance with legal requirements.