Summary
Overview
Work history
Education
Skills
Personal Information
Languages
Timeline
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Mahmoud Eltorifi

Mahmoud Eltorifi

Al-Khobar,Saudi Arabia

Summary

Accomplished finance professional with extensive expertise in treasury operations, ERP systems, and financial analysis. Demonstrates strong negotiation skills, executive communication, and ethical leadership. Proven track record in strategic visionary thinking, risk analysis, and global market understanding. Adept at managing banking relationships, cash flow management, and financial forecasting. Committed to enhancing stakeholder relationship management and delivering accurate financial reporting.

Overview

12
12
years of professional experience

Work history

Treasury Manager

Al Sheikh Group
Al Khobar, Saudi Arabia
01.2023 - 10.2024
  • Cash Flow Management: Forecasted and managed cash flows to ensure optimal liquidity, including investing surpluses or arranging financing in cases of cash deficit.
  • Financial Risk Management: Analyzed financial risks and implemented strategies like hedging and insurance to mitigate exposure.
  • Investment Management: Directed surplus funds into secure investment instruments to maximize returns, monitoring performance and regulatory compliance.
  • Banking Relationships: Cultivated strong relationships with financial institutions, negotiating favorable financing terms and ensuring regulatory compliance.
  • Financial Reporting & Analysis: Prepared and presented comprehensive financial reports, analyzing trends to support strategic, data-driven decision-making.

Treasury Section Head

Energy and Contracting Solutions (ECS)
Cairo
01.2021 - 12.2022
  • Daily Cash Management: Prepare daily cash position reports and oversee cash flow, ensuring optimal liquidity.
  • Bank Reconciliation & Loan Oversight: Monitor loan reconciliations, validate interest expenses, and review all bank charges.
  • Financial Reporting: Generate management reports and support the CFO in cash forecasting and strategic planning.
  • Debt & Facility Management: Manage debt facilities, safeguarding company interests in loan and facility agreements.
  • Currency Exposure: Oversee foreign currency exposure, payments, and hedging strategies as needed.
  • Treasury Policies: Develop and implement treasury controls in alignment with company policies.
  • Liquidity & Banking Relations: Ensure effective liquidity management and maintain strong bank relationships.

GL Accounting Section Head

Al Sheikh Group
Al Khobar
12.2018 - 12.2020
  • Managing the company’s overall financial position and matching it to the firm’s financial targets
  • Keeping accurate tracks of all expenses, liabilities and projects costs
  • Tracking profitability by creating a budget for each project
  • Assist management with important financial decisions and participate in Department Meetings
  • Plan, direct, or coordinate the activities of team members in this department
  • Monitor the day-to-day financial operations within the company including AP, AR and treasury team
  • Evaluate data pertaining to job costs and planning Department budgets
  • Keep up-to-date on the financial market to understand how to maximize profits and find new expansion areas
  • Develop and maintain relationships with banking, insurance, and external accounting personnel to facilitate financial activities
  • Year End Closeouts and Quarterly Financial Statements.

Accounting Supervisor

Saudi call – Mobily
Al Khobar
04.2016 - 11.2017
  • Manage accounts of sales & services delivery activities
  • Prepare sales reports & deposits for FTTH sales and reconditions
  • Manage inventory & stocks of main warehouse, salesmen & Service delivery teams
  • Review of bank deposits, bank statements and recondition reports as part of financial follow up
  • Perform data entry of all financial records, posting accounts, reviewing ledger, checking TB and reviewing statements in SAG ACCPA ERP
  • Prepare & follow up staff & clients balances, credits & debits to make adjustments to reconcile all pending issues
  • Manage the invoicing process as per Mobily project management, procurement & financial standards and process
  • Mange all suppliers & vendors POs, payments, follow up delivery of materials or vendors deliverables & reconcile dues
  • Prepare staff clearance, payments of salaries, commissions & incentives through bank accounts.

Senior GL Accountant

Saudi call – Mobily
Al Khobar
04.2014 - 03.2016
  • Transaction Oversight: Manage daily transactions, including AP/AR, bank reconciliations, and fixed assets.
  • Reporting & Analysis: Support management reporting, conduct monthly fluctuation and account analyses.
  • General Ledger Review: Oversee monthly GL adjustments and monitor expense variances and accrual balances.
  • Account Verification: Reconcile accounts with Trial Balance and maintain account backups.
  • Inventory Management: Conduct stock control activities.
  • SAP Proficiency: Skilled SAP user for streamlined financial operations.

General Accountant

Saudi call – Mobily
Al Khobar
12.2012 - 03.2014
  • Sales & Service Accounts Management: Oversee accounts for sales and service delivery, including inventory and stock control.
  • Reporting & Financial Tracking: Prepare sales reports, deposits, and recondition reports; review bank deposits and statements.
  • Data Entry & Financial Reconciliation: Manage financial records, post accounts, review ledgers, and reconcile balances in SAG ACCPA ERP.
  • Client & Staff Account Management: Track balances, credits, and debits to ensure accurate adjustments and reconciliation.
  • Invoicing & Procurement: Handle invoicing, supplier POs, payments, and material deliveries as per Mobily standards.
  • Payroll & Staff Payments: Process staff clearances, salaries, commissions, and incentives via bank accounts.

Education

Master of Business Administration -

Swiss School of Management
Cairo, Egypt
01.2024 -

C -

The Association for Financial Professionals (AFP)
01.2022 - 12.2022

Bachelor of Commerce -

Mansoura University
07.2007 - 01.2010

Oracle financial Consultant -

Next Academy
Egypt

Skills

  • Knowledge in ERP systems
  • Treasury operations
  • Decision making under pressure
  • Knowledge of treasury software
  • Strong negotiation
  • Executive communication
  • Strategic visionary thinking
  • Ethical leadership
  • Banking relationships
  • Global market understanding
  • Cash handling
  • Financial reporting
  • Excel proficiency
  • Stakeholder relationship management
  • Budget preparation
  • Debt management
  • Risk analysis
  • Cash flow management
  • Financial Forecasting
  • Financial modelling
  • Budget management
  • Business analysis
  • Cost-benefit analysis
  • Financial planner
  • Stakeholder communication
  • Financial analysis

Personal Information

  • Dependents: 2
  • Date of birth: 07/03/88
  • Gender: Male
  • Nationality: Egyptian
  • Marital status: Married

Languages

Arabic
Native
English
Upper intermediate

Timeline

Master of Business Administration -

Swiss School of Management
01.2024 -

Treasury Manager

Al Sheikh Group
01.2023 - 10.2024

C -

The Association for Financial Professionals (AFP)
01.2022 - 12.2022

Treasury Section Head

Energy and Contracting Solutions (ECS)
01.2021 - 12.2022

GL Accounting Section Head

Al Sheikh Group
12.2018 - 12.2020

Accounting Supervisor

Saudi call – Mobily
04.2016 - 11.2017

Senior GL Accountant

Saudi call – Mobily
04.2014 - 03.2016

General Accountant

Saudi call – Mobily
12.2012 - 03.2014

Bachelor of Commerce -

Mansoura University
07.2007 - 01.2010

Oracle financial Consultant -

Next Academy

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Mahmoud Eltorifi