Summary
Overview
Work History
Education
Skills
Languages
Timeline
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Yosry Hafiz

Yosry Hafiz

C F O
Riyadh,01

Summary

Offering strong foundation in financial principles and eagerness to excel in high-level finance role. Brings ability to quickly learn and integrate new financial strategies and regulatory requirements, combined with proficiency in financial analysis and reporting. Ready to use and develop analytical and strategic planning skills in [Desired Position] role. Developed financial expertise in fast-paced corporate environment, focusing on strategic planning and fiscal management. Skilled in optimizing financial operations and implementing cost-saving initiatives to drive organizational growth. Seeking to leverage transferable skills and experience in new and challenging field. Driven and analytical with robust understanding of financial strategies and operations, including budgeting and forecasting. Adept at implementing financial controls and risk management frameworks to ensure fiscal stability and compliance. Committed to driving financial performance and strategic growth through effective financial planning and management. Knowledgeable [Desired Position] with strong background in financial leadership and strategic planning. Successfully led financial transformations and streamlined operations to enhance profitability. Demonstrated expertise in financial analysis and risk management. Financial leader with strong track record in strategic planning, risk management, and financial analysis. Adept at driving financial growth through effective team collaboration and adaptive strategies. Known for reliability, flexibility, and results-driven approach. Skilled in budgeting, forecasting, and regulatory compliance, ensuring fiscal health and organizational success. Finance professional with extensive experience in financial strategy and corporate governance. Known for driving fiscal efficiency and implementing robust financial controls. Proven ability to collaborate with diverse teams and adapt to dynamic business environments, while excelling in financial reporting and strategic planning. Experienced with guiding financial strategy and organizational growth. Utilizes comprehensive financial analysis to support decision-making and optimize resources. Track record of fostering team collaboration and ensuring compliance with regulatory standards. Industrious Chief Financial Officer versed in compliance, documentation, reporting, and auditing. Demonstrated success in streamlining operations and increasing efficiency. Prepared to leverage [Number] years of experience to support operations in new role at [Company Name]. Seasoned Chief Financial Officer focused on helping companies accomplish missions and drive growth. Expansion-minded professional versed in navigating complex financial challenges. Dedicated Chief Financial Officer familiar with financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements. Offering [Number] years' experience in financial leadership. Financial Executive and Business Consultant with proven experience in business development, from startup to $[Amount] in annual revenues. Offering keen financial acumen to lead businesses to profitability in both lean times and periods of growth. Known for excellent recruiting, hiring and managing high-performance teams. Experienced in finance and accounting, operations, supply chain, and human resources. Talented Chief Financial Officer enthusiastic about developing policies, procedures, and both short- and long-range objectives for [Type] companies. Accomplished Chief Financial Officer highly effective at driving strategic initiatives with solid financial backing. Eager to leverage [Number] years of experience in dynamic new role at [Company Name]. Proficient Chief Financial Officer knowledgeable about financial leadership and operational needs. Resourceful and tech-savvy decision-maker with a deep understanding of market conditions. Persistent leader eager to lead and grow organizations. Skilled in strategic planning, problem-solving, and communication with good understanding of business principles, project management and team leadership. Collaborative with relentless work ethic. Top-notch [Job Title] with proven track record of success leading and growing organizations. Strong background in strategic planning, financial management and team development. Skilled in identifying opportunities and implementing practical business strategies with commitment to staying informed about latest trends, technologies and best practices. Pragmatic professional with solid experience in leadership roles. Adept at implementing strategic business plans, driving growth and improving operations. Skilled in financial management and stakeholder relations. Collaborative and dedicated to building and leading talented and motivated individuals. Thorough team contributor with strong organizational capabilities. Experienced in handling numerous projects at once while ensuring accuracy. Effective at prioritizing tasks and meeting deadlines. Tech-savvy innovator with hands-on experience in emerging technologies and passion for continuous improvement. Skilled in identifying opportunities for technological enhancements and implementing effective solutions. Adept at leveraging new tools and methods to solve problems and enhance productivity. Excels in adapting to fast-paced environments and driving technological advancements. Equipped with strong problem-solving abilities, willingness to learn, and excellent communication skills. Poised to contribute to team success and achieve positive results. Ready to tackle new challenges and advance organizational objectives with dedication and enthusiasm. Proactive and goal-oriented professional with excellent time management and problem-solving skills. Known for reliability and adaptability, with swift capacity to learn and apply new skills. Committed to leveraging these qualities to drive team success and contribute to organizational growth.

Overview

22
22
years of professional experience
4
4
years of post-secondary education

Work History

C F O

Samaya investment co
03.2022 - Current
  • Oversaw budgets, payroll, and accounts payable and receivable.
  • Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
  • Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
  • Spearheaded the implementation of a new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
  • Oversaw the preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
  • Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
  • Evaluated investment opportunities diligently, contributing to informed decisions regarding potential projects and their expected returns.
  • Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
  • Drove revenue growth by developing pricing strategies that maximized both sales volume and profitability.
  • Negotiated favorable terms with vendors and suppliers, achieving significant savings on procurement expenses.
  • Facilitated successful mergers and acquisitions by conducting thorough due diligence analyses and providing strategic guidance throughout the process.
  • Optimized working capital levels by closely monitoring accounts receivable/payable balances and taking appropriate actions as needed.
  • Refined internal control procedures, strengthening the overall integrity of financial data captured within the system.
  • Collaborated cross-functionally with other departments to drive process improvements that positively impacted bottom-line results.
  • Championed the adoption of new financial technologies, keeping the organization at the forefront of industry advancements while maximizing efficiency in daily operations.
  • Managed risk effectively through the establishment of a comprehensive risk management framework, safeguarding company assets against potential threats.
  • Streamlined financial processes by implementing automation and reducing manual tasks, leading to increased efficiency and accuracy.
  • Led budgeting process, collaborating with department heads to allocate resources strategically and ensure alignment with organizational goals.
  • Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Developed and oversaw yearly budgets and capital structure of company to determine best mix of debt, equity, and internal financing.
  • Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
  • Completed in-depth analyses of risks to control company profile, enhance systems, and track legal concerns.
  • Communicated business performance, forecasts and strategies to investors and shareholders.

Senior Financial Controller

Jazan development co - Jazadco
01.2020 - 02.2022
  • Improved financial accuracy by streamlining and automating reporting processes.
  • Managed a team of finance professionals, providing guidance and mentorship to support their professional growth.
  • Ensured compliance with regulatory requirements by staying up-to-date on changes in legislation and adapting internal policies accordingly.
  • Strengthened financial strategies with thorough evaluation of investment opportunities and risk assessments.
  • Streamlined month-end closing procedures which resulted in reduced timeframes for financial reporting.
  • Provided timely and accurate financial information to stakeholders through regular reports, presentations, and meetings.
  • Developed robust financial models that supported key decision-making processes at the highest level of management.
  • Increased efficiency in the finance department by identifying opportunities for process improvement, implementing new systems, and developing strong internal controls.
  • Secured favorable financing terms for capital projects by negotiating effectively with lenders and investors.
  • Reduced budget variances by implementing effective forecasting models and monitoring actual performance against projections.
  • Implemented best practices in corporate governance that enhanced transparency for shareholders.
  • Established positive relationships with external auditors, facilitating efficient annual audit processes.
  • Enhanced financial decision-making for executive management through comprehensive analysis and presentation of complex financial data.

Finance Manager

futuer co for ceramic and porcelain
02.2018 - 01.2020
  • Improved stakeholder confidence with detailed financial analysis and transparent communication.
  • Streamlined internal audit process, enhancing efficiency and reducing discrepancies.
  • Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
  • Improved financial forecasting accuracy, utilizing advanced analytical models.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
  • Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
  • Developed comprehensive financial reports for executive decision-making support.
  • Managed cross-functional teams to streamline project financing, reducing time to market for key products.
  • Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
  • Optimized cash flow management, allowing for timely investment and debt reduction.

Senior Finance Officer

Rabiah and Nassar GROOP
03.2014 - 02.2017
  • Mentored staff to foster professional development with tailored coaching and feedback sessions.
  • Fostered a patient-centered approach by creating a welcoming environment that encouraged open dialogue.
  • Monitored quality assurance metrics to identify areas for improvement and implement necessary changes.
  • Analyzed purchasing data for better negotiation with suppliers, leading to reduced procurement expenses.
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
  • Reviewed documentation and identified financial discrepancies where applicable.
  • Mentored junior finance staff, fostering professional development and strong team dynamics.
  • Processed invoices and contacted appropriate parties for timely payment receipt.
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Optimized cash flow with diligent monitoring of accounts receivable and payable.
  • Ensured compliance with local, saudi arabia tax and zakat regulations; timely filing of all required documents, mitigating potential penalties or fines.
  • Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
  • Created financial dashboards to provide insights into key performance indicators.
  • Played key role in strategic planning sessions, offering insights that shaped company direction and growth.
  • Improved forecasting accuracy, allowing company to make proactive adjustments with strategic initiatives.
  • Established robust financial controls and policies, significantly reducing risk of fraud and ensuring compliance with financial regulations.
  • Enhanced financial reporting accuracy by implementing advanced software solutions, leading to more informed decision-making processes.
  • Negotiated with suppliers to improve payment terms, enhancing cash flow management.
  • Implemented risk management strategies to protect company assets and minimize losses.
  • Complied with established internal controls and policies.
  • Collaborated with cross-functional teams for strategic business planning and growth initiatives.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.
  • Created and managed financial models to evaluate corporate investments and acquisitions.
  • Developed financial models for new business opportunities, supporting strategic expansion and portfolio diversification.
  • Analyzed business processes to identify cost savings and operational efficiencies.
  • Developed strategic plans for day-to-day financial operations.
  • Managed budgets, ensuring accurate allocation across departments.
  • Established internal audit procedures to validate and improve accuracy of financial reporting.
  • Implemented cost-control measures that substantially decreased unnecessary expenditures.
  • Managed budgets, ensuring accurate allocation across departments.
  • Improved financial forecasting accuracy, utilizing advanced analytical models.
  • Enhanced budget management by implementing expense tracking and cost reduction strategies.
  • Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
  • Improved profitability by driving cost reduction initiatives such as renegotiating vendor contracts and implementing inventory control measures.
  • Developed comprehensive financial models to support strategic decision-making and drive company growth.
  • Implemented new financial systems that streamlined data processing and reduced manual errors.
  • Assisted executive team with mergers and acquisitions activity, performing due diligence and valuation analyses.
  • Ensured accurate revenue forecasting by analyzing historical trends, market conditions, pricing strategy adjustments.
  • Reduced operating expenses by conducting thorough expense analysis and identifying opportunities for cost savings.
  • Provided leadership in finance department restructuring, resulting in increased efficiency and improved employee morale.

Accounting Manager

Asateer Co ltd
03.2012 - 02.2014
  • Managed journal entries, collection efforts, reconciliations, and payroll processing.
  • Managed banking reconciliations and monthly balance sheet statements.
  • Managed relationships with external vendors, ensuring timely payments and accurate recording of expenses.
  • Completed bi-weekly payroll for company employees.
  • Collaborated with other departments to achieve accurate and prompt financial reporting.
  • Managed successful audits by collaborating effectively with internal and external auditors.
  • Enhanced financial accuracy by implementing streamlined accounting processes and procedures.
  • Coordinated efforts between the accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
  • Monitored budget allocation and expenditures to enforce compliance with company policies.
  • Created and maintained financial databases for data entry, tracking and reporting.
  • Led a team of accounting professionals in achieving department goals while fostering a positive work environment.
  • Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports.
  • Analyzed and reported on financial data to support business decisions.
  • Optimized cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.
  • Facilitated staff development through regular training sessions on new accounting standards, software upgrades, or company-specific policies changes.
  • Conducted detailed variance analyses to identify areas of improvement in financial performance.
  • Assisted executive management in making informed business decisions with accurate ad-hoc financial analysis as needed.
  • Developed and maintained system of internal controls to prevent fraud and abuse.
  • Reviewed analyzed, and improved the overall effectiveness of existing internal controls over financial reporting.
  • Implemented efficient budgeting processes to forecast expenses and monitor actual performance against projections.

Chief Accountant

Rabiah and Nassar and Zamil Industrial co
04.2002 - 03.2012
  • Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
  • Completed year-end closing processes with controllers and external auditors.
  • Developed annual budgets in collaboration with senior management, aligning resources with company objectives.
  • Reduced discrepancies in financial records by conducting thorough audits and ensuring adherence to established protocols.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Safeguarded company''s financial health by implementing robust internal controls and risk mitigation measures across various departments.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Maintained integrity of general ledger and chart of accounts.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Increased efficiency within the accounting department through continuous process improvement initiatives and staff training programs.
  • Reviewed budgets and communicated discrepancies to senior management.

Cost Controller

Tourists Town
05.1999 - 03.2002
  • Evaluated vendor contracts, identifying areas for negotiation or alternative procurement methods to reduce expenses.
  • Monitored inventory levels, implementing controls to minimize stock discrepancies while maintaining adequate supplies for business operations.
  • Optimized budget allocation for increased efficiency and reduced waste in multiple projects.
  • Reduced project costs by streamlining processes and implementing cost-saving measures.
  • Managed payroll data entry and processing for employees to comply with predetermined company guidelines.
  • Analyzed cost trends, leading to timely identification of potential issues and proactive solutions.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
  • Improved cash flow management by closely tracking accounts payable/receivable activities and facilitating timely paymentscollections.
  • Implemented cost control systems, resulting in better project management and resource utilization.

Chartered Accountant Assistant

Hmed chartered accounting Office
06.1995 - 04.1999
  • Prepared insightful management reports that provided valuable insights into company performance, supporting strategic decision-making efforts.
  • Managed payroll functions efficiently, processing paychecks accurately, and ensuring timely disbursements while adhering to regulatory requirements.
  • Provided support during merger and acquisition transactions by conducting thorough due diligence reviews on target companies'' financial statements.
  • Facilitated smooth communication between finance teams and other departments within the organization, fostering a collaborative work environment.

Education

Bachelor of Science - Accounting And Auditing

Al Azhar University
Kairo Nasr City
09.1991 - 05.1995

Skills

Cash flow management

Audit coordination

Working capital management

GAAP

Internal controls

Tax compliance

Investment analysis

Cost accounting

Revenue recognition

Variance analysis

Business partnering

Financial statement review

Preparing financial statements

Internal controls development

Strategic planning

Internal control management

Accounting management

Project management

Statement reconciliation

Accounts receivable management

Risk management

Processing payments

Management accounting

Financial document review

Budget preparation

Financial management

Corporate finance

Expense control

Revenue generation

Budget development

Regulatory compliance

Financial planning

Finance

Financial statements expertise

Financial forecasting

Procedure development

Financial controls implementation

Policy planning

Budget administration

Month-end closing

Accounts payable management

Financial strategy management

Capital budgeting

Office workflow improvements

Grant administration

Month-end and year-end closings

GAAP compliance

Teamwork and collaboration

Corporate strategic planning

Expenditure review

Problem-solving abilities

Multitasking

Multitasking Abilities

Reliability

Excellent communication

Organizational skills

Team collaboration

Time management

Problem-solving

Attention to detail

Active listening

Effective communication

Adaptability and flexibility

Languages

English
Bilingual or Proficient (C2)

Timeline

C F O

Samaya investment co
03.2022 - Current

Senior Financial Controller

Jazan development co - Jazadco
01.2020 - 02.2022

Finance Manager

futuer co for ceramic and porcelain
02.2018 - 01.2020

Senior Finance Officer

Rabiah and Nassar GROOP
03.2014 - 02.2017

Accounting Manager

Asateer Co ltd
03.2012 - 02.2014

Chief Accountant

Rabiah and Nassar and Zamil Industrial co
04.2002 - 03.2012

Cost Controller

Tourists Town
05.1999 - 03.2002

Chartered Accountant Assistant

Hmed chartered accounting Office
06.1995 - 04.1999

Bachelor of Science - Accounting And Auditing

Al Azhar University
09.1991 - 05.1995

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Yosry HafizC F O