Abdul Summad Abbas

United Electronics Company, widely known by its brand name eXtra, is a leading consumer electronics and home appliances retailer based in Saudi Arabia (Annual revenues over SAR 6 billion). Established in 2002 and headquartered in Al-Khobar, the company has grown into one of the most recognised retail chains in the Kingdom, operating over 50 stores across Saudi Arabia, as well as outlets in Bahrain and Oman.

Responsibilities :

• Overseeing group-wide financial reporting and consolidation in compliance with IFRS/GAAP.
• Managing the external audit process and ensure timely, accurate financial statements.
• Contributing in annual budgeting, forecasting, and long-term financial planning processes.
• Monitoring financial performance, analyzing variances, and providing strategic insights to senior management.
• Developing, implementing, and maintaining strong internal controls and financial policies.
• Ensuring tax, legal, and regulatory compliance across all operating jurisdictions.
• Overseeing cash flow, working capital, and treasury management for the group.
• Leading, mentoring, and developing finance teams across multiple locations and business units.
• Driving process improvements and efficiency through automation and best practices.
• Collaborating with cross-functional teams to align financial goals with business strategy.
• Acting as a key financial advisor to the CFO and senior leadership.

PKF Saudi Arabia (PKF Al Bassam & Co.) is a member firm of PKF International, a global network of independent accounting firms. With offices across Riyadh, Jeddah, Al Khobar, Madinah, and Qassim, the firm provides audit, tax, advisory, and accounting services to a diverse client base. Known for its partner-led approach and high-quality service, PKF combines global standards with deep local expertise, serving businesses across various sectors in Saudi Arabia.

Responsibilities :

• Completed audit planning documentation, verifying correct tests were applied to produce sufficient audit evidence.
• Facilitated smooth delivery of audit processes
• Guaranteed efficient audit execution, liaising with key stakeholders to understand business needs and operations.
• Facilitated managerial decision-making by creating audit findings reports
• Evaluated staff performance, implementing training and development programmes to maintain exceptional service levels.
• Trained staff on best practices to achieve optimal productivity.
• Trained new hires and set up mentoring relationships to drive team performance.
• Maintained profitability by constantly monitoring assignment progress against budget goals.
• Maintained cost control by constantly monitoring audit progress versus project budget.
• Assisted in billing and fee recovery, helping company to constantly meet and exceed cash collection targets.

Deloitte is one of the “Big Four” global professional services firms, providing audit, tax, consulting, risk advisory, and financial advisory services. With a presence in over 150 countries and territories, Deloitte employs more than 400,000 professionals worldwide.

Responsibilities :

• Liaised with management and operational teams to access key data and understand business processes.
• Guaranteed efficient audit execution, liaising with key stakeholders to understand business needs and operations.
• Maximised value of audit, conducting pre and post-audit reviews to review process efficiency and identify areas for improvement.
• Increased effectiveness and efficiency of audit by completing detailed, accurate working papers.
• Reviewed disclosure checklists to verify accuracy of financial statement disclosures.