AHMED ABDELMOTALEB
Jeddah
Summary
Finance Manager with over 16 years of experience in accounting and financial management. Skilled in financial analysis, budgeting, forecasting, and preparing comprehensive financial reports. Strong leadership capabilities with a proven ability to enhance accuracy, optimize operational performance, and manage complex financial environments. Adept at supporting strategic decision-making and driving operational excellence across diverse business functions. I have experience working across multiple sectors such as Industrial sectors, Commercial companies and Real estate development. Experienced in working with various ERP (AX 2009, Dynamics 365and Odoo)
Overview
17
17
years of professional experience
Work History
Finance Manager
Tamayouz Fuel Company
Jeddah, Saudi Arabia
02.2025 - Current
- Preparing and analyzing monthly and annual financial statements.
- Preparing budgets, financial forecasts, and feasibility studies for new projects.
- Managing cash flows and ensuring sufficient liquidity for the stations.
- Monitoring costs and pricing to improve profitability.
- Implementing internal controls and ensuring compliance with taxes and Zakat.
- Supervising the accounting team and improving financial process efficiency.
- Overseeing ERP financial systems and ensuring data integrity.
- Supporting management in strategic decisions and business expansion.
- Coordinating and following up with the external audit office.
- Investment growth by developing project feasibility studies and presenting recommendations to the Board of Directors.
- Https://tamiyozfuel.com/
- Managed the partner settlement budget during shareholder separation, ensuring fair and accurate distribution.
- Optimized cash flow management and redistributed liquidity to safeguard the company against potential cash shortages.
- Reassessed fuel station investments and provided tailored recommendations to enhance performance at each station.
- Achieved 40% savings in administrative and general expenses and reduced operational costs by 20%.
- Led the successful migration to Odoo ERP, ensuring a seamless transition and data integrity.
Chief Accountant
Salem Ahmed Bin Yamani Group
Jeddah, Saudi Arabia
02.2023 - 02.2025
- Prepare and review monthly, quarterly, and annual financial reports (budget, P&L, etc.).
- Participating in annual budget preparation and monitoring performance against the budget.
- Manage fixed assets, payroll, accounts payable/receivable, and ensure data accuracy.
- Conduct cost management and improve accounting processes for efficiency and accuracy.
- Ensure compliance with accounting policies and international standards (IFRS/local).
- Coordinate with internal and external auditors and provide necessary documentation.
- Support senior management with financial analysis and strategic recommendations.
- Supervise inventory and fixed asset audit committees and perform necessary reconciliations.
- Https://binyamani.com/ar/
- Supervised fixed asset inventory, coding, and revaluation to ensure accurate records.
- Participated in reassessment of sales branches and contributed to strategic decisions regarding their operations.
- Developed and automated the payroll module to streamline salary and allowance calculations.
- Prepared and submitted the Local Content Certificate, ensuring compliance with regulatory requirements.
Chief Accountant
Mohammed Abdullah Sharbatly Company
Jeddah, Saudi Arabia
02.2019 - 02.2023
- Develop and monitor annual budgets, forecasts, and long-term financial strategies.
- Conduct variance analysis and recommend corrective actions.
- Manage cash flows and optimize the use of financial resources.
- Cost Management.
- Provide financial analysis and recommendations to senior management to support decision-making.
- Oversee accounting operations and internal/external audits.
- Work closely with operations to manage inventory valuation, standard costing, and bill of materials.
- Ensure compliance with financial policies and local/international accounting standards such as IFRS.
- Manage financial risks, insurance, and investments.
- Lead, train, and develop a team of accountants and finance professionals.
- Contribute to the preparation of feasibility studies for new projects and investments.
- Https://www.sharbatlyfruit.com/ar
- Centralized payroll at the Head Office and migrated from Microsoft Dynamics to SAP SuccessFactors.
- Supervised the payroll centralization and system transition.
- Achieved a 15% reduction in payroll costs by centralizing operations at the Head Office.
Account Manager
Al-Essa Ready Mix Concrete
Dammam, Saudi Arabia
02.2017 - 02.2019
- Develop and monitor annual budgets, forecasts, and long-term financial strategies.
- Conduct variance analysis and recommend corrective actions.
- Manage cash flows and optimize the use of financial resources.
- Cost Management.
- Provide financial analysis and recommendations to senior management to support decision-making.
- Oversee accounting operations and internal/external audits.
- Work closely with operations to manage inventory valuation, standard costing, and bill of materials.
- Ensure compliance with financial policies and local/international accounting standards such as IFRS.
- Manage financial risks, insurance, and investments.
- Lead, train, and develop a team of accountants and finance professionals.
- Contribute to the preparation of feasibility studies for new projects and investments.
- Https://www.saadalessa.com/
- Reduced maintenance and spare parts costs, especially diesel, by 30%.
- Turned an annual loss of 300k SAR into a profit of 500k SAR through effective cost control.
- Restructured warehouses and moved to continuous inventory.
Senior Accountant
Abdul Latif Jameel
Jeddah, Saudi Arabia
03.2012 - 02.2017
- Develop and monitor annual budgets, forecasts, and long-term financial strategies.
- Conduct variance analysis and recommend corrective actions.
- Manage cash flows and optimize the use of financial resources.
- Cost Management.
- Provide financial analysis and recommendations to senior management to support decision-making.
- Oversee accounting operations and internal/external audits.
- Work closely with operations to manage inventory valuation, standard costing, and bill of materials.
- Ensure compliance with financial policies and local/international accounting standards such as IFRS.
- Manage financial risks, insurance, and investments.
- Lead, train, and develop a team of accountants and finance professionals.
- Contribute to the preparation of feasibility studies for new projects and investments.
- Https://www.aljfinance.com/ar
- Reduced bad debts and improved sales quality by collaborating with the Credit & Risk Department.
- Developed new credit policies to minimize mis-selling losses.
- Lowered debt collection costs.
General Accountant
Saudi Binladin Group
Jeddah, Saudi Arabia
02.2009 - 02.2012
- Develop and monitor annual budgets, forecasts, and long-term financial strategies.
- Conduct variance analysis and recommend corrective actions.
- Manage cash flows and optimize the use of financial resources.
- Cost Management.
- Provide financial analysis and recommendations to senior management to support decision-making.
- Oversee accounting operations and internal/external audits.
- Work closely with operations to manage inventory valuation, standard costing, and bill of materials.
- Ensure compliance with financial policies and local/international accounting standards such as IFRS.
- Manage financial risks, insurance, and investments.
- Lead, train, and develop a team of accountants and finance professionals.
- Contribute to the preparation of feasibility studies for new projects and investments.
- Https://www.sbgom.com/?lang=ar
- Developed a structured item master (item cards) within the inventory system by organizing items into main categories, sub-categories, and classifying them based on product type, country of origin, and whether they are locally sourced or imported.
Education
Bachelor’s degree - commerce
Mansoura University
05.2007
Skills
- Budget Preparation & Control
- Cash Flow Management
- Cost Reduction & Efficiency Optimization
- Financial Planning & Forecasting
- Investment Analysis
- Team Leadership & Staff Development
- Financial Reporting & Analysis
- Treasury Management
- Investment & Project Evaluation
- Financial Statement
- Project Management
- Financial Modeling
- Risk Management & Compliance
- ERP Systems
- Cost & Expense Management
Professional Development
- CPA/FAR, Candidate, 2026
- FMVA (Financial Modeling & Valuation Analyst), Completed training, 2024
- Payroll Solutions, Soletechs, 2024
- Stock Market, Egyptian Central Agency for Organization and Administration, 2021
- Internal Audit, Abdul Latif Jameel Finance Institute, 2016
Experience Sectors
- Industrial Sector: ready-mixed concrete, blocks, steel, and wood industries
- Commercial Sector: building materials trading, automotive sales, wood trading, reinforcing steel (rebar) trading, and food & beverage.
- Real Estate Development: strong background in managing and operating fuel stations and related real-estate activities.
Iqama
Transferable
Personal Information
Visa Status: Transferable
Timeline
Finance Manager
Tamayouz Fuel Company
02.2025 - Current
Chief Accountant
Salem Ahmed Bin Yamani Group
02.2023 - 02.2025
Chief Accountant
Mohammed Abdullah Sharbatly Company
02.2019 - 02.2023
Account Manager
Al-Essa Ready Mix Concrete
02.2017 - 02.2019
Senior Accountant
Abdul Latif Jameel
03.2012 - 02.2017
General Accountant
Saudi Binladin Group
02.2009 - 02.2012
Bachelor’s degree - commerce
Mansoura University