Summary
Overview
Work history
Education
Skills
Languages
System Knowledge
References
Timeline
Generic
Mohamed Abdalla

Mohamed Abdalla

Riyadh,Saudi Arabia

Summary

Finance professional with expertise in budgeting, forecasting, and financial statement analysis. Proficient in CAPEX and OPEX management, working capital optimization, and investment decision-making. Experienced in conducting feasibility studies using NPV, IRR, and Payback Period methodologies. Successful in implementing internal controls and enhancing ERP systems to improve financial operations.

Overview

19
19
years of professional experience

Work history

Finance Manager

Lagate For Foodstuff Co
Riyadh, Riyadh Region
01.2023 - 12.2025

Core Responsibilities :

1) Strategic Financial Planning & Analysis
* Lead annual budgeting, rolling forecasting, and multi-year financial planning aligned with retail growth strategies.

* Develop detailed financial models that integrate sales trends, inventory performance, margin projections, and cost drivers.

* Provide actionable insights to senior management for pricing, promotions, store expansion, and capital allocation decisions

2) Financial Reporting & Governance

* Prepare timely and accurate management accounts, P&L statements, balance sheets, and cash-flow reports consistent with IFRS and internal standards

* Ensure compliance with statutory, tax, and regulatory requirements; interface with external auditors and tax advisors.

* Implement and monitor robust internal controls to safeguard assets and prevent financial leakage.

3) Retail Performance & Commercial Finance

* Translate retail KPIs (e.g., same-store sales, gross margin, inventory turnover, shrinkage) into actionable financial insights

* Collaborate with merchandising and operations to optimize inventory investment and pricing strategies.
* Evaluate store and channel profitability; build investment cases for new store roll-outs or closures.

4) Cash Flow & Working Capital Management

* Monitor cash conversion cycles, receivables, payables, and inventory to improve liquidity.

* Govern capital expenditures and cash forecasting to support operational needs without overleveraging.

5) Leadership & Cross-Functional Collaboration

* Lead, mentor, and develop the finance team; set performance expectations and career development plans.

* Partner with commercial, supply chain, and IT functions to integrate financial insights into operational decisions.

Chief Accountant

Romana Stores Trading Co
Riyadh, Riyadh Region
12.2021 - 12.2022

Core Responsibilities :

1) Accounting Operations & Ledger Control

* Oversee daily accounting activities including general ledger, accounts payable, accounts receivable, and bank reconciliations

* Ensure timely and error-free posting of transactions and monthly, quarterly, and year-end closings.

* Monitor retail-specific accounting areas, such as inventory valuation and cost of goods sold if applicable.

2) Financial Reporting & Compliance

* Prepare and deliver periodic financial reports (monthly management accounts, P&L, balance sheets, cash flow summaries).

* Coordinate with external auditors and support audit cycles and statutory reviews with complete and accurate documentation

3) Team Leadership & Collaboration

* Mentor and supervise accounting staff; set performance expectations and ensure knowledge transfer.

* Collaborate with retail operations (sales, supply chain, merchandising) to align accounting output with business needs.

Accounts Section Head

SASCO Palm -A subsidiary wholly owned by SASCO
Riyadh, Saudi Arabia
10.2020 - 12.2021

Chief accountant

Albuainain Group
Jubail, Eastern Province
04.2018 - 09.2020

Senior GL & AP Accountant

Al-buainain Group
Jubail, Eastern Province
11.2015 - 03.2018

Accounting officer

Muneer Altarouty Trading & Contracting Est
Al Qatif, Eastern Province
03.2007 - 05.2015

Education

Professional Qualification - Accounting & Finance

ACCA
UK
06.2023 -

Bachelor of Commerce - Accounting

Sohag University
Egypt
09.1999 - 10.2003

Skills

* Lead annual budgeting, forecasting, and periodic re-forecasting cycles

* Financial Statements Preparation & Analysis on Monthly , Quarterly ,

Annual basis

* Ensure robust governance of financial statements, audits, tax filings, and statutory compliance

* Budget VS Actual variance Analysis

* CAPEX & OPEX Management

* Working Capital Management ( AR-AP-CASH-INVENTORY)

* Investment & Financing Decision

* Feasibility study for new project through financial tolls such as NPV , IRR , Payback Period

* Financial & Non Financial Key Performance Indicators

* Internal controls implementation & Enhancement

* ERP System implementation & Enhancement

* Retail Financial Operations such as treasury , Cash Management ,

Cost reduction & control

* Lead ERP integration, optimization, financial automation, and reporting

* Liaise with internal C external auditors, financial institutions, regulators, and advisors

* Build and mentor a hands-on finance team supporting retail operations, treasury

* Oversee accounting, reporting, treasury, and cash management

Languages

English
Arabic

System Knowledge

- Microsoft Dymanic 2012 - 365

- Odoo Community

- Almalath 

References

References available upon request.

Timeline

Professional Qualification - Accounting & Finance

ACCA
06.2023 -

Finance Manager

Lagate For Foodstuff Co
01.2023 - 12.2025

Chief Accountant

Romana Stores Trading Co
12.2021 - 12.2022

Accounts Section Head

SASCO Palm -A subsidiary wholly owned by SASCO
10.2020 - 12.2021

Chief accountant

Albuainain Group
04.2018 - 09.2020

Senior GL & AP Accountant

Al-buainain Group
11.2015 - 03.2018

Accounting officer

Muneer Altarouty Trading & Contracting Est
03.2007 - 05.2015

Bachelor of Commerce - Accounting

Sohag University
09.1999 - 10.2003
Mohamed Abdalla