Mahmood Alsayed
Jeddah
Summary
Business-minded Finance Manager promoting more than 22 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Finance Manager
Saudi Tunneling Co. Subsidiary Of Hassan Allam
03.2017 - Current
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Ensured compliance with local, state, tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Researched and facilitated software integration to streamline accounting and financial processes.
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Reviewed and approved capital expenditure requests, aligning with corporate objectives.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Developed comprehensive financial reports for executive decision-making support.
- Spearheaded implementation of financial software systems to enhance productivity and reporting capabilities.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Maintained responsive organization with sustained revenue growth through industry forecast monitoring and deliberate financial planning.
- Created organizational structures to improve accounting and finance functions.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Increased profitability by identifying underperforming investments, reallocating resources accordingly.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Created financial dashboards to provide insights into key performance indicators.
- Designed and maintained financial models to identify and measure risks.
Senior Accountant
Al-Mobty Contracting Co
11.2014 - 09.2016
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Prepared monthly journal entries and reconciliations.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
Chief Accountant
Egyptian Contracting Co - Cairo, Egypt
09.2011 - 11.2014
- Prepared monthly journal entries and reconciliations.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Completed year-end closing processes with controllers and external auditors.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Reviewed budgets and communicated discrepancies to senior management.
- Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
- Developed and implemented effective accounting systems.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
Chief Accountant
Al-Tammeria Contracting Co - Riyadh, Saudi Arabia
05.2007 - 07.2011
- Prepared monthly journal entries and reconciliations.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Completed year-end closing processes with controllers and external auditors.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Reviewed budgets and communicated discrepancies to senior management.
- Evaluated and improved financial records to make important business decisions.
- Leveraged finance knowledge to strengthen controls and improve transparency.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Increased efficiency within the accounting department through continuous process improvement initiatives and staff training programs.
- Developed and implemented effective accounting systems.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Enhanced financial transparency for stakeholders through accurate and timely financial reporting.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
Accountant
Fayafer Contracting Co
07.2005 - 04.2007
- Handled day-to-day accounting processes to drive financial accuracy.
- Gathered financial information, prepared documents, and closed books.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
Accountant
Misr El-higaz Industry Co. Egypt
01.2002 - 06.2005
- Handled day-to-day accounting processes to drive financial accuracy.
- Gathered financial information, prepared documents, and closed books.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
Education
Bachelor of Accountancy - Accounting
Faculty Of Commerce
Ain Shams University-cairo10.1999
Skills
- Financial Modeling
- Financial Budgeting
- IFRS Knowledge
- Financial auditing
- Leadership
- Financial Analysis
- Negotiations
- Contact Skills
- Strategic Planning
- Internal Controls
- Working capital management
- Performance Reviews
Certification
Certified Finance Manager -CFM
Languages
Arabic
Native language
English
Advanced
C1
Timeline
Finance Manager
Saudi Tunneling Co. Subsidiary Of Hassan Allam
03.2017 - Current
Senior Accountant
Al-Mobty Contracting Co
11.2014 - 09.2016
Chief Accountant
Egyptian Contracting Co - Cairo, Egypt
09.2011 - 11.2014
Chief Accountant
Al-Tammeria Contracting Co - Riyadh, Saudi Arabia
05.2007 - 07.2011
Accountant
Fayafer Contracting Co
07.2005 - 04.2007
Accountant
Misr El-higaz Industry Co. Egypt
01.2002 - 06.2005
Bachelor of Accountancy - Accounting
Faculty Of Commerce
Certified Finance Manager -CFM
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