Ali Saoud

Assistant Restructuring Trustee in the financial restructuring procedures of JBF – Ras Al Khaimah, contributing to financial data preparation and analysis, evaluating the company’s financial position, and studying restructuring strategies in line with UAE Bankruptcy Law.

Assistant Insolvency

Trustee through following up bankruptcy procedures across all stages, including initial reports preparation, assets and liabilities assessment, creditors’ list organization, and supporting experts while coordinating with judicial authorities. Follow-up of various cases including commercial, civil, labor, appeal, and insolvency cases, as well as contract-related disputes, through coordination with lawyers and experts and tracking case progress to advanced stages.

Assistant Restructuring Trustee / Assistant Insolvency Trustee at Victorious Auditing (2023-09 – Present)

• Assistant Restructuring Trustee in the financial restructuring procedures of JBF – Ras Al Khaimah, contributing to financial data preparation and analysis, evaluating the company’s financial position, and studying restructuring strategies in line with UAE Bankruptcy Law.
• Assistant Insolvency Trustee through following up bankruptcy procedures across all stages, including initial reports preparation, assets and liabilities assessment, creditors’ list organization, and supporting experts while coordinating with judicial authorities.
• Follow-up of various cases including commercial, civil, labor, appeal, and insolvency cases, as well as contract-related disputes, through coordination with lawyers and experts and tracking case progress to advanced stages.
• Contributed to the preparation of financial and technical reports submitted to courts.
• Prepare monthly, quarterly, and annual financial reports for enior management.
• Analyse financial statements (Balance Sheet, Income Statement, Cash Flow Statement) and identify key performance trends.
• Conduct budget preparation, forecasting, and variance analysis between actual and budgeted results.

Financial Reporting Specialist at Syriatel Telecom (2020 – 2023-05)

Prepared financial reports for the Board of Directors regarding company performance (Income Statement & Balance Sheet).

• Compared company performance with competitors.
• Worked on increasing company revenue by identifying new profit sources and reducing costs.

Accounting Manager at Vertica (2019 – 2020-06)

• Prepared financial statements and ensured financial accuracy.
• Performed reconciliations with clients and bank reconciliations.
• Participated in meetings aimed at improving company performance and reducing costs.

Senior Accountant at Alwassel (2015 – 2020-05)

• Verified sales and expenses.
• Performed client reconciliations and bank reconciliations.
• Prepared payroll and social insurance tax statements.
• Participated in company development meetings to improve financial performance.
• Prepared company tax statements.
• Participated in performance improvement meetings.

Auditor at Al Zamel Auditing Office (2011 – 2015-05)

• Reviewed accounting cycles and ensured compliance with internal systems.
• Performed reconciliations with clients and bank reconciliations.
• Evaluated internal control systems.
• Conducted internal audits (invoices, payroll, bank reconciliation, taxes).

PhD in Financial & Banking Sciences – Damascus University (2020 – 2023)

MBA in Financial Management – Arab Academy for Banking and Financial Sciences

Bachelor’s in economics – Damascus University