Summary
Overview
Work History
Education
Skills
Certification
Languages
Title
Personal And Leadership Skills
Professional Memberships
Timeline
AdministrativeAssistant

MAHER ELKHATEEB

Riyadh

Summary

Accounting Manager and Chief Accountant with 12+ years of progressive experience in financial accounting, statutory reporting, budgeting, treasury support, and internal controls across Food & Beverage, Retail, and Industrial sectors. Expertise in IFRS compliance, VAT & Zakat regulations (ZATCA), audit leadership, ERP integration, and financial performance optimization. Proven ability to lead accounting teams, strengthen governance frameworks, improve profitability, and deliver executive-level financial insights supporting strategic business decisions.

Overview

14
14
years of professional experience
1
1
Certification

Work History

Accounting Manager (Promoted Internally)

Simple Bread Co.
Riyadh, Saudi Arabia
03.2023 - Current
  • Direct end-to-end accounting operations (GL, AP, AR, Fixed Assets, Inventory) for a company generating SAR 45-50M annual revenue.
  • Deliver financial statements in line with IFRS and Saudi statutory requirements, ensuring continuous audit readiness.
  • Lead budgeting and forecasting for an annual budget of SAR 38-40M, improving forecast accuracy by 18%.
  • Reduced receivables cycle (DSO) from 62 days to 41 days.
  • Executed cost optimization initiatives delivering a 10% reduction in operating expenses.
  • Enhanced internal controls, reducing reporting discrepancies by 30%.
  • Trained, supervised, and mentored a team of 4 accountants.
  • Accelerated month-end closing from 10 days to 5-6 days.
  • Oversaw VAT, Zakat, and ZATCA compliance with zero regulatory findings.
  • Developed executive KPI dashboards supporting senior leadership strategy.
  • Upper Medium - Food & Beverage

General Accountant

Simple Bread Co.
Riyadh, Saudi Arabia
04.2022 - 02.2023
  • Oversaw general ledger accuracy across revenue, payroll, procurement, and inventory accounts with 99.8% accuracy.
  • Reconciled 20+ balance sheet accounts, ensuring full financial consistency.
  • Supported month-end closing, reducing adjustment entries by 20%.
  • Assisted in inventory costing and variance analysis, reducing stock discrepancies by 8%.
  • Prepared VAT schedules and statutory documentation.
  • Coordinated audit support files, improving documentation quality.
  • Food & Beverage

Senior Accountant

EXCECHO - Excellence Eco
Riyadh, Saudi Arabia
01.2021 - 12.2021
  • Managed accounting operations for industrial activities generating approximately SAR 14M annual revenue.
  • Prepared accruals, financial statements, and revenue recognition schedules aligned with IFRS.
  • Delivered monthly cost and profitability reports supporting executive decision-making.
  • Improved cost monitoring accuracy by 20%.
  • Reduced project cost overruns by 10%.
  • Coordinated audit preparation and statutory compliance.
  • Medium Size - Industrial

Senior Accountant

Al-Omran Industries
Riyadh, Saudi Arabia
10.2015 - 06.2020
  • Oversaw accounting operations across multiple cost centers supporting operational efficiency.
  • Managed GL, payroll, fixed assets, and inventory valuation processes.
  • Improved ERP efficiency, reducing manual journal entries by 25-30%.
  • Prepared VAT and Zakat schedules with 100% on-time compliance.
  • Strengthened inventory controls, reducing discrepancies by 12%.
  • Supported annual external audits with no major observations.
  • Medium Size - Industrial

Accountant

Al Wataniya Trading Co.
Egypt
07.2012 - 08.2015
  • Managed accounting operations for two retail branches.
  • Improved reporting accuracy by 15% through reconciliations.
  • Assisted in profitability analysis and expense monitoring.
  • Supported inventory accounting and stock reconciliation.
  • Followed up AP/AR activities ensuring timely payments.
  • Assisted year-end closing and audit documentation.
  • Retail

Education

Bachelor of Commerce - Accounting

Menoufia University
Egypt

Skills

  • ERP Systems: Odoo
  • Zoho Books
  • Microtec
  • Foodics
  • Advanced Excel: Pivot Tables
  • Power Query
  • Dashboards
  • Forecast Models
  • Reporting: IFRS Reporting
  • KPI Analytics
  • Executive Reports
  • Tax Compliance: VAT Filing
  • Zakat Regulations
  • ZATCA Standards
  • Accounting Modules: GL
  • AP
  • AR
  • Inventory
  • Fixed Assets
  • Payroll
  • Internal Controls: Policy Development
  • Audit Support
  • Risk Mitigation

Certification

  • Professional Financial Accountant (PFA) Diploma - Al-Fath Group
  • Electronic Accounting (English Track) - Al-Fath Group
  • Computerized Accounting - Faculty of Commerce, Menoufia University
  • Financial Accounting Practices - CPA Office (Dr. Emad El-Din El-Sayed)
  • Information Technology (IT) - Pioneers for Training Systems
  • ICDL Certification - Faculty of Computers & Information

Languages

English
Full Professional
Arabic
Native or Bilingual

Title

 Accounting Manager | Chief Accountant

Personal And Leadership Skills

  • Strong leadership experience supervising and mentoring accounting teams.
  • Detail-oriented with high commitment to compliance and governance.
  • Proven ability to manage multiple priorities under pressure.
  • Strong analytical mindset in financial optimization and problem-solving.
  • Effective communicator with senior management and external auditors.
  • Skilled in cross-functional collaboration across operations and finance.

Professional Memberships

Saudi Organization for Chartered and Professional Accountants (SOCPA), 38028

Timeline

Accounting Manager (Promoted Internally)

Simple Bread Co.
03.2023 - Current

General Accountant

Simple Bread Co.
04.2022 - 02.2023

Senior Accountant

EXCECHO - Excellence Eco
01.2021 - 12.2021

Senior Accountant

Al-Omran Industries
10.2015 - 06.2020

Accountant

Al Wataniya Trading Co.
07.2012 - 08.2015

Bachelor of Commerce - Accounting

Menoufia University
MAHER ELKHATEEB