Mohamed Hamdy Nasr
Summary
Accomplished finance professional with over 15 years of progressive experience in financial management, strategy development, and operational leadership. A results-driven leader with expertise in driving profitability, implementing innovative cost-saving measures, and fostering high-performing teams. Recognized for delivering world-class financial solutions, exceeding organizational objectives, and navigating complex business environments with precision.
Overview
16
16
years of professional experience
4
4
years of post-secondary education
Work history
Financial Controller | Store Finance Manager
Majid Al Futtaim
01.2020 - 11.2024
- Company Overview: Carrefour KSA
- Directed the preparation and analysis of financial statements, ensuring alignment with corporate objectives
- Spearheaded cost-saving initiatives that reduced annual operating expenses by SAR 2.5M
- Carrefour KSA
Chief Accountant | Acting GL Manager
Majid Al Futtaim
01.2016 - 12.2019
- Company Overview: Carrefour KSA
- Enhanced accounts payable processes, reducing overdue payments by 40%
- Played a pivotal role in optimizing cash flow management, improving liquidity by 15%
- Carrefour KSA
Assistant Chief Accountant | Senior Accountant
Majid Al Futtaim
03.2012 - 12.2015
- Company Overview: Carrefour KSA
- Delivered cost-saving measures that reduced operating expenses by SAR 800K annually
- Played a central role in transitioning to a new ERP system, reducing errors by 30%
- Carrefour KSA
Financial Accountant & Auditor
Majid Al Futtaim
10.2008 - 12.2011
- Company Overview: Carrefour KSA
- Conducted financial audits, ensuring compliance with GAAP and company policies
- Prepared journal entries, reconciled accounts, and ensured accurate financial reporting
- Carrefour KSA
Education
Bachelor's - Accounting
Benha University
09.2006 - 05.2010
Skills
- Financial Leadership
- Strategic planning
- Financial reporting
- Budget management
- Process Optimization
- Operational efficiency
- Team Development
- Cost Control
- Compliance & Governance
- IFRS
- GAAP
- Internal controls
- ERP systems
- Advanced analytics
- Payroll
- Financial planning
- Financial management
- Internal controls development
- Financial auditing
- Inventory Accounting
- Balance sheet reconciliation
- Accounting management
Accomplishments
- Achieved 98% compliance in external audits, showcasing expertise in regulatory adherence.
- Delivered SAR 3M in cumulative savings through innovative cost-reduction strategies.
- Led cross-functional teams on strategic financial initiatives, contributing to sustainable growth.
- Consistently recognized with awards and commendations for outstanding contributions.
Timeline
Financial Controller | Store Finance Manager
Majid Al Futtaim
01.2020 - 11.2024
Chief Accountant | Acting GL Manager
Majid Al Futtaim
01.2016 - 12.2019
Assistant Chief Accountant | Senior Accountant
Majid Al Futtaim
03.2012 - 12.2015
Financial Accountant & Auditor
Majid Al Futtaim
10.2008 - 12.2011
Bachelor's - Accounting
Benha University
09.2006 - 05.2010
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