IBRAHIM SAMI
Riyadh,SA
Summary
Strategic Senior FP&A Analyst with 7+ years in accounting, financial planning and analysis, and business performance management within multi-brand QSR and retail sectors. Transforms Oracle Fusion ERP data into financial models and insights that optimise costs and enhance EBITDA. Leverages strong accounting foundations and analytical skills to drive informed business decisions and foster commercial partnerships.
Overview
2
2
Languages
1
1
Certification
7
7
years of professional experience
Work history
Senior analyst
Americana-Restaurants Division
Riyadh, Saudi Arabia
2024.04 - Current
- Support financial planning and analysis activities across multi-brand restaurant portfolio operating across Saudi Arabia, Perform Like-for-Like (LFL) and variance analysis across revenue, costs, and profitability, translating financial and operational data into dashboards, insights, and recommendations for Business Review Meetings and management decision-making.
- Own monthly P&L reviews, analyzing performance against budget, forecast, and prior periods to identify key variances, unusual movements, and misclassifications and lead pre-close P&L meetings with Finance Director and Finance Managers to validate financial results before month-end close.
- Led annual budgeting for Rent, IT, Transportation, Utilities, and Insurance
- Analyzed staff accommodation costs, prepared related reports, and conducted feasibility studies for new business initiatives, sharing findings with decision-makers to inform strategic decisions.
- Conducted store closure studies, encompassing pre-closure feasibility assessments and post-closure financial impact analysis to aid decision-making on underperforming locations.
- Own the end-to-end financial management and accounting of the company’s insurance portfolio, covering employee medical, life, and accident insurance, as well as company-wide general insurance.
- Reviewed insurance policies, premiums, coverage periods, and related invoices, ensuring accurate recording and reconciliation, prepaid insurance amortization, and timely monthly expense recognition.
- Coordinate with insurers, brokers, and internal stakeholders on policy matters, invoices, and insurance claims, while tracking outstanding claims and providing management visibility over insurance-related financial commitments and balances.
Senior Accountant
Americana-Restaurants Division
Riyadh, Saudi Arabia
2023.02 - 2024.03
- Performed monthly closing activities for prepaid expenses and payable accruals, including variance analysis to ensure accurate financial reporting.
- Prepared monthly financial reports and supported Profit & Loss and Balance Sheet reviews.
- Managed end-to-end processing of PO and non-PO invoices — creation, coding, validation, and approval routing — including three-way matching against purchase orders and goods/service receipts.
- Coordinated with vendors and internal stakeholders to resolve invoice discrepancies and payment-related queries, ensuring timely processing of payments.
- Posted accounting transactions to journals and ledgers and performed bank reconciliations.
- Participated in implementation of new Oracle Fusion ERP system, facilitating migration and aligning processes for accounts payable.
- Collaborated with Infosys on implementation and training rollout for invoice registration project, enhancing user proficiency and system adoption.
Leasing Accountant
Americana-Restaurants Division
Riyadh, Saudi Arabia
2021.02 - 2023.02
- Managed monthly rent prepayments, accruals, and closing activities across a portfolio of 490+ stores, 190 accommodations, and 30 departments.
- Reviewed lease contracts for compliance with IFRS 16 and ensured accurate financial treatment and reporting.
- Prepared monthly financial reports and schedules covering lease payments, rental expenses, and prepaid rent accruals.
- Conducted variance analysis and reconciliation of lease-related accounts and accrual balances.
- Participated in the implementation and setup of Tango, the company’s lease accounting system.
General Accountant
Ajbas Trading CO.
Riyadh, Saudi Arabia
2019.11 - 2021.01
- Recorded daily accounting transactions using double-entry system (SMACC6), performing month-end closing activities, reconciliations, and financial analysis to ensure accurate financial reporting.
- Prepared weekly cash flow and management reports for sales, expenses, purchases, inventory, AP, and AR, facilitating informed decision-making for management.
- Managed Accounts Payable balances exceeding SAR 58 million and Accounts Receivable balances exceeding SAR 50 million, including monthly aging reports and collections follow-up.
- Managed inventory accounting and supervised warehouse stock movements across 11 branches, ensuring compliance with accounting standards and accurate stock valuation.
- Supported preparation of financial statements, including the Statement of Financial Position, Income Statement, and Cash Flow Statement.
AR Accountant
Alex Express
2019.04 - 2019.10
- Performed bank statement and account receivable reconciliations, maintaining financial accuracy and integrity.
- Generated sales invoices using ERP system (QuickBooks), facilitating timely billing processes.
- Executed data entry for bank deposits, ensuring accuracy of financial records.
Education
Bachelor of Commerce - Department of Accounting
Zagazig University
Egypt /2014 - /2018
Skills
- Financial analysis
- Budgeting & Cost Control
- Financial modelling
- Data Accuracy & Reconciliation
- Data consolidation
- Cost optimisation
- Excel management reporting
- Oracle Fusion ERP
LANGUAGE
Arabic (Fluent)
Native
English
Advanced
Accomplishments
- Certificate of appreciation for being the best accountant in Q2 of 2021
- Certificate of appreciation business ownership mindset, Succeeded in getting more than 1M SAR as rent savings from landlords.
INTERSHIP EXPERIENCE
- Accountant under training | International Group of Accounting, Auditing
- Using excel in preparing reports and schedules.
- Participate in the preparation of income statement, balance sheet and final accounts.
- Prepare all kinds of Vouchers, accounting adjustments till Trial Balances & Balance Sheet.
- Record the company's daily transactions.
Certification
Financial Modeling & Valuation Analyst (FMVA)
Timeline
Senior analyst
Americana-Restaurants Division
2024.04 - Current
Senior Accountant
Americana-Restaurants Division
2023.02 - 2024.03
Leasing Accountant
Americana-Restaurants Division
2021.02 - 2023.02
General Accountant
Ajbas Trading CO.
2019.11 - 2021.01
AR Accountant
Alex Express
2019.04 - 2019.10
Bachelor of Commerce - Department of Accounting
Zagazig University
/2014 - /2018