Marwan Foudah
Jeddah,SAUDI ARABIA
Summary
Accomplished finance professional with extensive expertise in financial management, accounts management, and vendor negotiation. Proven track record in process improvement and automated payment systems, ensuring compliance and accuracy in financial reporting. Skilled in bank reconciliation, GL reconciliation, and VAT submission to ZATCA. Adept at operational excellence through creative problem-solving, time management, and teamwork. Proficient in Microsoft Office Suite, Oracle EBS and Fusion, and SAP systems. Committed to optimizing cash flow and enhancing vendor relationships while leading teams to achieve strategic objectives.
Overview
9
9
years of professional experience
5
5
years of post-secondary education
Work history
Accounts Payable Manager
Petromin Corporation ( Petrolube Oil Co. )
Jeddah
01.2024 - 11.2025
- Updated and maintained vendor database for efficient access and reference.
- Reviewed purchase orders and audit logs, reconciling discrepancies in records.
- Negotiated favourable payment terms with suppliers, enhancing cash flow.
- Supervised accounts payable clerks to ensure high-quality work output.
- Streamlined invoice processing by implementing new software solutions.
- Coordinated financial reports for management review on a monthly and quarterly basis.
- Directed Accounts Payable team to meet strict payment processing deadlines.
- Secured new clients while supporting B2B business development initiatives.
Credit controller focal point
Petrolube Oil Co
Jeddah, Mecca Region
04.2025 - Current
- Conducted regular account reviews to ensure accurate financial records.
- Managed customer accounts to foster positive client relationships.
- Negotiated repayment arrangements to enhance cash flow.
- Monitored outstanding balances and followed up on overdue payments.
- Communicated with customers regarding overdue payments through various channels.
- Performed stringent credit checks to mitigate business risk.
- Informed customers of potential legal action and required remediation actions.
Accounts Payable Supervisor
Petromin Corporation
Jeddah
05.2022 - 12.2023
- Analysed financial data to identify expenditure trends.
- Supervised team of accounts payable clerks to ensure quality output.
- Processed invoices accurately and promptly, reducing payment delays.
- Handled confidential information in compliance with data protection regulations.
Accounts Payable Senior
Petromin Corporation
Jeddah
01.2020 - 04.2022
- Executed daily duties with accuracy and efficiency.
- Acquired and applied new skills swiftly, enhancing productivity.
- Delivered tasks consistently within stringent deadlines.
- Exhibited respect and friendliness while assisting colleagues and clients.
Accounts Payable Accountant
Petromin Corporation
Jeddah
10.2016 - 12.2019
- Produced detailed financial reports monthly for management review.
- Reduced errors in financial reports through meticulous data entry.
- Maintained vendor files to enhance organisation and accessibility.
- Completed month-end closing activities punctually to prevent reporting delays.
Education
Bachelor of Business Administration - Accounting
University of Business Technology (UBT)
01.2010 - 01.2015
Skills
- Vendor negotiation
- Invoice processing
- KPI development
- Payment processing
- Supplier management
- Tax compliance
- Accounts management
- Credit control
- Cash flow oversight
- Bank reconciliation
- Account management
- Accounts payable compliance
- Team leadership
- SAP and Oracle proficiency
- Account reconciliation accuracy
- Tax preparation knowledge
- Coaching and training
- VAT submissions
Accomplishments
- Successfully led the integration of a new Oracle system for enhanced financial processes.
- Received departmental Excellence Awards in 2017, 2018, and 2019.
- Implemented B2B functionality, enabling direct payment from Oracle to the bank.
- Developed reports and established control measures.
- Reduced payment processing to one day per week only.
Languages
Arabic
Proficient (C2)
English
Advanced
Timeline
Credit controller focal point
Petrolube Oil Co
04.2025 - Current
Accounts Payable Manager
Petromin Corporation ( Petrolube Oil Co. )
01.2024 - 11.2025
Accounts Payable Supervisor
Petromin Corporation
05.2022 - 12.2023
Accounts Payable Senior
Petromin Corporation
01.2020 - 04.2022
Accounts Payable Accountant
Petromin Corporation
10.2016 - 12.2019
Bachelor of Business Administration - Accounting
University of Business Technology (UBT)
01.2010 - 01.2015
Additional Experience
- Worked across all finance departments, including Accounts Payable, Accounts Receivable, General Ledger, and Treasury.
- Developed a comprehensive understanding of financial operations and how different departments collaborate to achieve the company’s objectives.