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
Audit Coordination
Accounts Payable Mgt
Cost Control
Tax & Legal Coordination
Business Banking
Payroll & Visa Process
Project and Trade Finance
Budgeting and Variance Analysis
Teamwork & Leadership
Closing procedures
Budget projections
Month-end reporting
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