Summary
Overview
Work History
Education
Skills
Timeline
Generic
Mohamed Talaat Ali

Mohamed Talaat Ali

Finance And Accounting Manager
Riyadh

Summary

Finance & Accounting Manager with 15 years’ experience in MENA region. looking for an appropriate opportunity to contribute and
develop the diverse finance functions. well-qualified financial systems leader offering demonstrated skill and success in managing internal accounting processes, improving controls and strengthening systems for optimal performance. Proficient in all aspects of Finance & Accounting , including accounts payable and receivable, budget administration and payroll. Gifted in building and leading solid teams to handle high-volume operations with consistency, accuracy and full compliance with regulatory requirements.

Overview

15
15
years of professional experience
6
6
years of post-secondary education
1
1
Language

Work History

Finance Manager

Senbar International Co.
Riyadh
02.2022 - Current
  • Created organizational structures to improve accounting and finance functions.
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
  • Executed vendor setup and payment, administration of bank accounts and account reconciliations.
  • Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
  • Reviewed documentation and identified financial discrepancies where applicable.
  • Researched and facilitated software integration to streamline accounting and financial processes.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Directs and plans the financial activities of a company or organization. Prepares financial statements and business activity and forecasting reports
  • supervises accounting and preparation of financial reports
  • advises management with regard to finance decisions
  • Working closely with the Team to update on the Financial Policies and Procedures and make sure to Align with the company policies & Procedures
  • Maintaining A Good Healthy Relationship with Customers & Suppliers
  • Handling Relationship with the banks
  • Evaluated project applications and verified with outline specifications to approve, reject and recommend adjustments.
  • Developed corporate investment strategies to drive growth and security.

Accounting Manager/GL

Art Dimension Group
Riyadh
02.2019 - 12.2021


  • Leading the accounting function, ensuring proper Bookkeeping
  • Managing cash flows & Payment to the suppliers, bank reconciliation And Cash
  • Variance reconciliation
  • Monitoring daily Sales & Cash collection deposit on daily basis
  • Preparing financial &management reports – P&L Per branch Per Concept Monthly
  • Work with external auditors to ensure correct and timely closing and reporting at year-end up to final Financials Submitted and Zakat Payment
  • Supervising Monthly inventory Physical count Make Proper Reconciliation as per
  • Physical count
  • Lead Monthly closing Process & Procedures
  • Managing Fixed Assets Module
  • Preparing & Submitting VAT report Monthly
  • Supervise Intra Company Transactions
  • Cash flow Weekly Updates
  • Assist in Group Budget Preparing
  • Work with external auditors to ensure correct and timely closing and reporting at year-end up to final Financials Submitted and Zakat Payment
  • Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships.
  • Managed banking reconciliations and monthly balance sheet statements.
  • Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
  • Collaborated with other departments to achieve accurate and prompt financial reporting.
  • Developed and maintained system of internal controls to prevent fraud and abuse.
  • Educated accounting team on forecasting, financial statuses and financial strategies to assist in annual budget creation.
  • Monitored budget allocation and expenditures to enforce compliance with company policies.

Accounting Manager

Ram Food Co. – Ram Holding Group, Pastalita
Riyadh
01.2017 - 08.2018
  • Completed Monthly payroll for company employees.
  • Managed banking reconciliations and monthly balance sheet statements.
  • Investigated daily variances and corrected errors to resolve discrepancies.
  • Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
  • Leading the accounting function, ensuring proper Bookkeeping.
  • Managing cash flows & Payment to the suppliers, bank reconciliation And Cash Variance reconciliation.
  • Monitoring daily Sales & Cash collection deposit on daily basis.
  • Preparing financial &management reports – P&L Per branch Per Concept Monthly.
  • Work with external auditors to ensure correct and timely closing and reporting a year-end up to final Financials Submitted and Zakat Payment.
  • VAT Reconciliation Monthly.
  • Supervising Monthly inventory Physical count Make Proper Reconciliation as per physical count.
  • Monthly closing Process & Procedures.
  • Managing Fixed Assets Module.

Senior Financial Officer

DAT Electro Mechanical Co.
Riyadh
01.2014 - 11.2016
  • Leading the accounting function with two accountants, ensuring proper Bookkeeping.
  • Managing cash flows,
  • Managing bank Relationship and facilities, preparing trade finance documentation,
  • handling LC’s & LG’s preparation submitting and extending to closing procedures.
  • Preparing management reports- P&L for Company and Project Wise – Project Status Reports. Cash flow Project Wise.
  • Monitoring projects progress, dealing with clients for Collecting as per the schedule and progress report.
  • Vendors Management in terms of contract and progress report.
  • Work with external auditors to ensure correct and timely closing and reporting at year-end up to final Financials Submitted and Zakat Payment.
  • Reporting directly to the General Manager.

Senior Accountant

Al Mashrik Technology & Controls Company
Riyadh
12.2007 - 08.2013
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Joined as Accountant and promoted to Senior Accountant in Jan 2012.
  • Key responsibilities include Bookkeeping and GL management preparing vouchers,
  • preparing payroll, collection, banking, trade finance documentation including LCs ,LGs, Insurance, discounting.
  • Assisting in Internal Audit, external audit and zakat and tax preparations.
  • Reporting to Finance manager.
  • Follow up on Project Status with the Project management Team to ensure invoices issued on time
  • handling Fixed Asset
  • follow up and keep the system updates with all entries on monthly basis
  • follow up with customer for collection
  • Updated general ledger with latest entries.
  • Completed year-end closing processes with controllers and external auditors.
  • Reviewed documents and accounts for discrepancies and resolved variances.

Education

Major Accounting

Cairo University
Egypt
05.2003 - 05.2007

Mini MBA Diploma - Business Administration And Management

International Business Management Institute
UK
04.2020 - 05.2020

Certified Financial Consultant : - Finance

IFC
Canada
01.2009 - 12.2009

IFRS - Financial Standard

Piron Academy
India
03.2013 - 07.2013

FMVA - Financial Modeling

CFI
UK
10.2022 - 01.2023

Skills

    Financial Reporting

undefined

Timeline

FMVA - Financial Modeling

CFI
10.2022 - 01.2023

Finance Manager

Senbar International Co.
02.2022 - Current

Mini MBA Diploma - Business Administration And Management

International Business Management Institute
04.2020 - 05.2020

Accounting Manager/GL

Art Dimension Group
02.2019 - 12.2021

Accounting Manager

Ram Food Co. – Ram Holding Group, Pastalita
01.2017 - 08.2018

Senior Financial Officer

DAT Electro Mechanical Co.
01.2014 - 11.2016

IFRS - Financial Standard

Piron Academy
03.2013 - 07.2013

Certified Financial Consultant : - Finance

IFC
01.2009 - 12.2009

Senior Accountant

Al Mashrik Technology & Controls Company
12.2007 - 08.2013

Major Accounting

Cairo University
05.2003 - 05.2007

Similar Profiles

CREATE PROFILE
Mohamed Talaat AliFinance And Accounting Manager