Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Travelling, sailing, and gardening
Timeline
Generic

Khalid Jalili

Chief Financial Officer
Manama,Manama

Summary

Accomplished Chief Financial Officer highly effective at driving strategic initiatives with solid financial backing. Eager to leverage 23 years of experience in dynamic new role at Auditing, Banking, and Transportation sectors. I also see myself as a proficient Chief Financial Officer knowledgeable about financial leadership and operational needs. Resourceful and tech-savvy decision-maker with a deep understanding of market conditions.

Overview

25
25
years of professional experience
5
5
years of post-secondary education
2
2
Languages

Work History

Vice President & CFO

King Fahd Causeway Authority
10.2020 - Current
  • Responsible for Group Finance, Investment and Treasury
  • Responsible of 12 employees across the two departments
  • Responsible for setting, monitoring and supervising a discretionary investment fund managed by two international Investment Banks
  • Took major role in financial due-diligence projects such as the new causeway project, and other classified projects
  • Awarded excellence appraisal rating in one year since the joining date.
  • Demonstrated proficient leadership skills to motivate employees and build competent teams.
  • Spearheaded cross-functional initiatives across departments to achieve business goals for bottom-line profits.

Group Head of Finance Operations

National Bank of Bahrain
05.2020 - 10.2020
  • Heading four units within Finance, Taxation unit, Internal Controls, Account Payable and Technical
  • Responsible of 14 employees across the four units, and reporting to Group CFO In charge of financial integration with an acquired subsidiary
  • Mandated to achieve cost and operational synergies among the parent and subsidiary
  • Ensure unification of policies and procedures between the Bank and its subsidiaries
  • In charge of ensuring zero-tolerance of fee leakage across the bank’s business units

Head of Finance

Al Salam Bank
Manama
02.2009 - 05.2022
  • Preparation of financial statements as per applicable Islamic (AAOIFI) and International accounting standards (IFRS)
  • Preparation of regulatory reports to the Central Bank of Bahrain in accordance to the CBB rules and regulations
  • Monitoring Bank’s overall financial position and performance
  • Preparation of annual budget and periodic forecast
  • In charge of expenditures control processes
  • Responsible for Value Added Tax invoicing and periodic returns to National Bureau of Revenue (“NBR”)
  • Took major part in core banking system migration post two major business acquisitions
  • Automating processes of preparing and reporting MIS reports
  • Involved in structuring strategic investment deals within GCC countries and MENA region
  • Monitoring financial performance and activities of business units
  • Took major roles in M&A transactions
  • Revamping new budgeting reporting framework
  • Involved in the acquisition transaction of Bahraini Saudi Bank and ensured full compliance of Central Bank of Bahrain Takeover Merger & Acquisition (TMA) rulebook
  • A steering committee member of the post-acquisitions committee to ensure synergy and effective unification of functions across all departments.

Controls –Vice President

Gulf International Bank B.S.C, Financial
03.2001 - 01.2009
  • Promoted 4 times in 7 years) Preparation of the quarter-end and year-end financial statements, for the Headquarters and the branches (London, New York, and Riyadh)
  • Liaise with the external and internal auditors and address respond to audit’s queries and requirements
  • Preparation, analysis of monthly management information report (MIS) and comment on major budget variances and KPIs
  • Preparation of quarterly Group’s forecast reports Took the lead in annual budget preparation

Auditor

Ernst & Young
02.1999 - 02.2001
  • Carried out a number of different assignments across sections and different sizes and types of industries and business such as ABC Bank, BiSB, SIO, Civil Aviation Affairs, BDF, Sheraton Hotel, Golden Tulip, and others.
  • Was engaged to carry out a special fraud audit of a one of the clients.

Education

ACCA –Membership Registration No. 0769874 -

Association of Chartered Certified Accountant
United Kingdom
09.2015 - 01.2017

Bachelor Degree - Accounting - Accounting

University of Bahrain
Kingdom Of Bahrain
04.1996 - 04.1998

The Irish Leaving Certificate -

The Institute of Education
Republic Of Ireland
01.1993 - 01.1994

Al Nai’m Secondary School
Kingdom Of Bahrain
01.1992 - 01.1993

Skills

    Presentations

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Accomplishments

  • Jan 2015 – May 2020 Al Salam Bank - Bahrain
  • Group Head of Finance – Senior Vice President Preparation of financial statements as per applicable Islamic (AAOIFI) and International accountingstandards (IFRS) Preparation of regulatory reports to the Central Bank of Bahrain in accordance to the CBB rules andregulations Monitoring Bank’s overall financial position and performance Preparation of annual budget and periodic forecast In charge of expenditures control processes Responsible for Value Added Tax invoicing and periodic returns to National Bureau of Revenue(“NBR”)
  • Jan 2015 – May 2020 Al Salam Bank - Bahrain (continued…)
  • Group Head of Finance – Senior Vice President Took major part in core banking system migration post two major business acquisitions Steering major project implementations, such as but not limited to:o Core banking system migration – Temenos T24o Internal Capital Adequacy Assessment Process (“ICAAP”)o Basel III – Liquidity Risk Management Frameworko Fund Transfer Pricing framework (“FTP”)o Robotic Process Automation (“RPA”)o IFRS 3/ FAS30 implementationo Implementation of new accounts payable system (“Great Plane”)
  • Apr 2012 – Jan 2015 Al Salam Bank - Bahrain
  • Financial Controls & Strategic Support – Vice President Automating processes of preparing and reporting MIS reports Involved in structuring strategic investment deals within GCC countries and MENA region Monitoring financial performance and activities of business units Took major roles in M&A transactions Revampping new budgeting reporting framework Involved in the acquisition transaction of Bahraini Saudi Bank and ensured full compliance of Central
  • Bank of Bahrain Takeover Merger & Acquisition (TMA) rulebook A steering committee member of the post-acquisitions committee to ensure synergy and effectiveunification of functions across all departments
  • Feb 2009 – Apr 2012 Bahraini Saudi Bank– (A subsidiary of Al Salam Bank- Bahrain)
  • Seconded as Acting CFO Fiscal leadership on all external reporting financial statements, prudential reporting, and publicdisclosures Involved in a major role in core banking migration project from Finacle (conventional core bankingsystem) to Temenos T24 Responsible for MIS divisions, internal control functions, and accounts payable Close monitoring on profitability and cost/yield analysis Budgeting and cost management Member of MANCO, ALCO, IT, Remuneration Committee, and Migration Steering Committee

Software

MS Excel

Travelling, sailing, and gardening

I love exploring and adventuring new countries and take part of lots of outdoor activities such as hiking, diving, and cycling. In my country, one of my best hobbies is sailing my boat.

Timeline

Vice President & CFO

King Fahd Causeway Authority
10.2020 - Current

Group Head of Finance Operations

National Bank of Bahrain
05.2020 - 10.2020

ACCA –Membership Registration No. 0769874 -

Association of Chartered Certified Accountant
09.2015 - 01.2017

Head of Finance

Al Salam Bank
02.2009 - 05.2022

Controls –Vice President

Gulf International Bank B.S.C, Financial
03.2001 - 01.2009

Auditor

Ernst & Young
02.1999 - 02.2001

Bachelor Degree - Accounting - Accounting

University of Bahrain
04.1996 - 04.1998

The Irish Leaving Certificate -

The Institute of Education
01.1993 - 01.1994

Al Nai’m Secondary School
01.1992 - 01.1993
Khalid JaliliChief Financial Officer