ABAYAZEED ISMAIEL
Riyadh,Saudi Arabia
Summary
Results-driven Chief Accountant specialising in financial management and internal auditing. Oversee financial statement preparation under IFRS/GAAP, budgeting, forecasting, and tax compliance. Enhance internal controls to mitigate financial risk and fraud. Lead cross-functional teams and liaise with auditors to ensure regulatory compliance.
Overview
2
2
Languages
1
1
Certification
11
11
years of professional experience
Work History
CHIEF ACCOUNTANT
Elmuneef Co. for Trade, Industry, Agriculture & Contracting
Riyadh, KSA
04.2025 - Current
- Direct and oversee full-cycle accounting operations, ensuring accurate financial records and full compliance with GAAP/IFRS and Saudi tax/VAT regulations.
- Lead month-end, quarter-end, and year-end closing processes, general ledger reconciliations, and financial reporting.
- Assisted senior management with financial planning, annual budgeting, variance analysis, and forecasting to support strategic decision-making.
- Supervised and mentored accounting team, ensuring accuracy through quality control reviews of key transactions and financial entries.
- Managed accounts payable (AP) and accounts receivable (AR) workflows to enhance liquidity and cash flow management.
- Coordinate and manage relations with internal and external auditors, providing required documentation and resolving inquiry points.
SENIOR INTERNAL AUDITOR
African Relief Committee (ARC)
Hargeisa
05.2023 - 08.2024
- Analysed complex financial data and operational trends, providing actionable insights that informed executive decision-making.
- Validated accuracy of 90%+ financial reports through reconciliations, addressing control gaps and reducing weaknesses below 5%.
- Established robust internal control systems to safeguard company assets, resulting in a 15% decrease in fraud and theft instances.
- Assessed organisational financial risks and implemented mitigation strategies, achieving a 20% reduction in overall risk exposure.
SENIOR ACCOUNTANT & FINANCE SPECIALIST
African Relief Committee (ARC)
Hargeisa
11.2019 - 04.2023
- Audited revenue transactions, enforced accurate invoice coding, calculated monthly tax liabilities, and prepared financial forecasts to ensure compliance and financial integrity.
- Overhauled Accounts Payable (AP) posting workflows, reducing posting errors by 95% and ensuring general ledger accuracy.
- Managed banking operations, fund transfers, and cash flow monitoring to maintain targeted liquidity and achieve 96% accuracy in financial transactions.
- Executed month-end close processes, journal entries, and accruals with 100% accuracy while consistently meeting tight deadlines.
TRANSPORT ACCOUNTANT SENIOR SPECIALIST
Oil Energy Co. Ltd
Khartoum
12.2018 - 11.2019
- Formulated transportation department annual budget with 95%+ accuracy, enabling timely accounting adjustments to reflect financial needs.
- Controlled AP/AR functions and documented payroll data, ensuring timely vendor payments and accurate financial processing.
- Recorded daily financial transactions in Sage 300 ERP system, managing customer claims and petty cash to ensure accurate financial records.
MANAGEMENT ACCOUNTING SPECIALIST
Oil Energy Co. Ltd
Khartoum
02.2018 - 11.2018
- Compiled and prepared annual financial statements with 100% accuracy, ensuring timely and reliable financial reporting.
- Monitored complex accounts and high-value transactions, reducing reporting delays by 30% while maintaining 95% data accuracy.
- Reconciled AP/AR balances with 98% accuracy, decreasing outstanding balances by 15% and boosting cash flow.
- Conducted internal audit reviews and assisted external auditors, resolving 95% of control discrepancies to strengthen compliance.
EXECUTIVE DISPATCH COORDINATOR (FUEL)
Oil Energy Co. Ltd
Khartoum
05.2017 - 01.2018
- Resolved customer complaints and logistics issues, maintaining order incompleteness below 5% while ensuring 100% adherence to dispatch targets.
- Executed daily sales distribution plans for service stations and commercial clients, producing sales execution and stock reports to inform decision-making.
- Delivered high level of service to customers in effort to build upon future relationships.
- Formed and sustained strategic relationships with clients.
- Ensured compliance with company regulations and internal requirements through regular audits.
EXECUTIVE INVENTORY CONTROLLER (FUEL)
Petronas Marketing Sudan Limited
Khartoum
11.2015 - 04.2017
- Assessed supplier performance on delivery reliability and quality, achieving 95% on-time delivery and 99% quality while securing 5% cost savings.
- Optimised inventory holding costs (storage, insurance, financing) maintaining below 20% of total inventory value.
- Recalculated safety stock levels to mitigate supply chain disruptions, leading to over 10% reduction in total safety stock holding value.
Education
BACHELOR'S DEGREE - ACCOUNTING AND FINANCIAL MANAGEMENT
School of Management Studies - University of Khartoum
Khartoum09-2015
Skills
- Financial Statement Preparation (IFRS/GAAP)
- Financial reporting
- Financial modelling
- Budgeting & Forecasting
- Cash Flow Management
- General ledger management
- Tax & VAT Compliance
- Internal Controls
- Financial Risk Analysis
- Audit coordination
- GAAP compliance
- Bank reconciliations
- Microsoft Dynamics 365
- SAGE 300
- Odoo
- Power BI
- Advanced Excel (Financial Analysis)
- Team Leadership
- Cross-Functional Collaboration
- Asset Management
- Policy Compliance
Certification
- Diploma in International Financial Reporting (DipIFR), Association of Chartered Certified Accountants / ACCA, Cert #3246625847612, Reg #6625847, 2026-06-01
- Certified Management Accountant (CMA), IMA, USA, Cert #117453, 2022-12-01
- Financial Modeling and Valuation Analyst (FMVA), Corporate Finance Institute / CFI, Canada, Cert #175608848, 2026-02-01
Languages
Arabic
English
Custom
- Advanced Financial Analysis - Virginia Institute of Finance
- Advanced Business & Financial Reporting - MEIRC Training & Consulting
- Creative Problem Solving & Decision Making - MEIRC Training & Consulting
- Logistics & PSEA Certifications - UNICEF AGORA Platform
Timeline
CHIEF ACCOUNTANT
Elmuneef Co. for Trade, Industry, Agriculture & Contracting
04.2025 - Current
SENIOR INTERNAL AUDITOR
African Relief Committee (ARC)
05.2023 - 08.2024
SENIOR ACCOUNTANT & FINANCE SPECIALIST
African Relief Committee (ARC)
11.2019 - 04.2023
TRANSPORT ACCOUNTANT SENIOR SPECIALIST
Oil Energy Co. Ltd
12.2018 - 11.2019
MANAGEMENT ACCOUNTING SPECIALIST
Oil Energy Co. Ltd
02.2018 - 11.2018
EXECUTIVE DISPATCH COORDINATOR (FUEL)
Oil Energy Co. Ltd
05.2017 - 01.2018
EXECUTIVE INVENTORY CONTROLLER (FUEL)
Petronas Marketing Sudan Limited
11.2015 - 04.2017
BACHELOR'S DEGREE - ACCOUNTING AND FINANCIAL MANAGEMENT
School of Management Studies - University of Khartoum