Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Ayman Khalaf

Riyadh

Summary

Finance Manager with 20 years of experience across diverse industries in the MENA region with extensive knowledge of IFRS (International Financial Reporting Standards). Proven expertise in financial strategy, operational process enhancement, and business performance optimization. Recognized for adaptability, cross-industry expertise, and delivering high-impact financial solutions that drive profitability and informed decision-making.

Overview

24
24
years of professional experience

Work History

Independent Finance Manager

Interim
01.2024 - Current
  • Provide high-level financial expertise to businesses, helping them manage budgets, analyze financial performance, optimize costs, and ensure compliance with financial regulations.

Senior Finance Manager

Saveto Construction Company / RAR Group
09.2010 - 12.2023
  • Company Overview: Saveto is a leading manufacturer of construction materials in the MENA Region. Offering a large variety of products within the construction industry in the UAE such as plasters, renders, flooring, coating systems and waterproofing.
  • Directed the full financial cycle: planning, budgeting, forecasting, reporting, and variance analysis to support strategic decisions.
  • Managed cash flow, liquidity, and credit control, ensuring operational needs and reducing bad debts.
  • Led ERP system upgrades and optimized financial processes across sales, purchases, payroll, and accounts receivable and payable.
  • Maintained internal controls in compliance with IFRS, tax regulations, and company policies.
  • Conducted cost monitoring and pricing analysis to improve margins and profitability.
  • Coordinated with auditors, tax advisors, and stakeholders to ensure smooth audits and zero nonconformities.

Finance Manager

Kuwait Group for Publishing and Distribution / SRMG
09.2008 - 11.2009
  • Company Overview: KGPD is a leading distribution company located in Kuwait with experience in the publishing sector that mainly prints and distributes various publications.
  • Analyzed financial data to recommend system improvements, enhancing financial performance.
  • Developed and maintained general ledger accounts, ensuring accurate financial reporting.
  • Oversaw cash flow management, aligning with business and investment needs.
  • Collaborated with external auditors to ensure compliance and accuracy during annual audits.

Credit Control Manager

Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)
09.2004 - 07.2008
  • Company Overview: MEDGULF is one of the leading insurance companies in the KSA, with a wide range of services including heath, motor, property and more.
  • Prepared and monitored financial documentation and analytical reports for monthly review by top management.
  • Ensured timely collection of revenue from debtors, enhancing cash flow and financial stability.
  • Implemented effective credit policies and problem-solving measures to address payment delays.

Finance Manager

Canon County Knitting Mills Garments Manufacturing Co.
05.2001 - 07.2004
  • Company Overview: CCKM is an apparel and textile manufacturing company, transforming raw material into final goods for brands such as JCPenny, Koret and Hanes.
  • Oversaw financial analysis and compliance with company standards, enhancing operational efficiency.
  • Managed cash flow reports for headquarters, ensuring accurate financial forecasting.
  • Prepared monthly financial statements and approved payroll, contributing to timely financial operations.

Education

BSc - Computer Information Systems

Al-Ahliyya Amman University

Skills

  • Financial & Risk Analysis
  • Budgeting & Forecasting
  • Cost-Benefit Analysis
  • Internal Accounting Controls
  • Regulatory & Tax Compliance
  • Resource Allocation & Cost Optimization
  • Cash Flow & Credit Control
  • ERP Systems: Sage, JDE, Microsoft Excel

Languages

English
Arabic

Timeline

Independent Finance Manager

Interim
01.2024 - Current

Senior Finance Manager

Saveto Construction Company / RAR Group
09.2010 - 12.2023

Finance Manager

Kuwait Group for Publishing and Distribution / SRMG
09.2008 - 11.2009

Credit Control Manager

Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)
09.2004 - 07.2008

Finance Manager

Canon County Knitting Mills Garments Manufacturing Co.
05.2001 - 07.2004

BSc - Computer Information Systems

Al-Ahliyya Amman University

Similar Profiles

CREATE PROFILE
Ayman Khalaf