Motasem Irshaid
Riyadh,Riyadh Region
Summary
Dynamic professional with a strong foundation in problem-solving, public speaking, and communication skills. Demonstrates strategic planning and leadership capabilities, driving successful outcomes in various initiatives. Committed to leveraging expertise to achieve organizational goals and foster growth.
Overview
12
12
years of professional experience
4
4
years of post-secondary education
Work history
Global - Head of financial planning & analysis
Foodics
Riyadh, Saudi arabia
01.2025 - Current
Financial Planning & Reporting Manager
Foodics
Riyadh, Saudi arabia
01.2023 - 12.2024
- prepare the Monthly, Quarterly and Annual reporting deck which is communicate it to top management and stakeholders.
- Manage the annual budgeting cycle, considering the historical trends, benchmarking aligning with companywide strategy.
- Adhere control over CAPEX and OPEX through proper budget control procedures.
- Applying the variance analysis and deep dive analysis reports and communicate it with the stakeholders on monthly basis to ensure efficiency.
- Handling the country wise KPIs monthly reporting to stakeholders to ensure proper engagement with companywide strategy and targets,
Global Accounts Payables & Treasury Manager
Foodics
Riyadh
02.2022 - 12.2022
- Managing Payables & Treasury function Globally (KSA, Kuwait, Jordan, Egypt, UAE).
- Established Accounts payables policies and procedures.
- Established the supplier reconciliation policy.
- Handling VAT return reporting and disclosures.
- Producing Monthly Closing reports (Aging, cash Flow, cash burn).
- Working on Process automation project (ensuring Procure to pay cycle is fully automated).
- Collaborated with external auditors for annual financial review.
Senior Financial Planning & Reporting Analyst
EXTRA-United Electronics Company
Khobar, Eastern Province
07.2021 - 02.2022
- Enhanced business decision making by providing detailed analytics reports.
- Managed complex datasets, ensuring seamless information flow.
- Streamlined data collection processes to enhance reporting accuracy.
- Managed task delegation within the team, promoting a harmonious working environment.
- Producing supplier scorecard reports to assess profitability per supplier/brand/family.
- Producing monthly analysis Reports (Margin, aging, Prepayment, shrinkage, Damage, Debit Balance suppliers, Landed Cost)
- Producing monthly closing reports (KSA, Oman & Bahrain).
- Maintain the Back-end Margin report per (supplier/product category). (KSA, Oman & Bahrain).
- Executing Variance analysis for all landed costs vs budget/ LY.
Senior Accounts Payables Specialist
EXTRA - United Electronics Company
Al Khobar
05.2017 - 06.2021
- Producing supplier scorecard reports to assess profitability per supplier/brand/family.
- Producing monthly analysis Reports (Margin, aging, Prepayment, shrinkage, Damage, Debit Balance suppliers, Landed Cost)
- Producing monthly closing reports (KSA, Oman & Bahrain).
- Maintain the Back-end Margin report per (supplier/product category). (KSA, Oman & Bahrain)
- Executing Variance analysis for all landed costs vs budget/ LY.
- Executing quarterly/Annual reconciliation & balance confirmation process.
- Handling the Landed Cost process for all foreign supplies.
- Handling all Key Vendors with around 2 billion SAR business value.
- Handling Internal / external quarterly Audit process & requirements.
- Supervising team of 7 professionals.
- Handling VAT Return reporting and disclosure.
- Negotiated favorable terms with vendors, securing cost-effective deals for the company.
- Streamlined operational procedures with innovative system improvements.
Senior GL (General Ledger) Specialist
Extra - United Electronics Company
Al Khobar
05.2015 - 05.2017
- Maintaining All Accruals – Provisions accounts.
- Maintaining all Related parties – subsidiaries.
- Handling all external- Internal audit requests.
- Maintaining that all financial activities/ Disclosures are complied with IFRS.
- Producing GL monthly closing reports.
Accounts Payables Accountant
Umniah Telecommunication Company (Batelco)
Jordan
01.2013 - 04.2015
- Handling daily A/P processes.
- Managing vendors/suppliers’ relationship.
- Timely and accurate processing of invoices, purchase orders, expense reports, credit memos, payment transactions.
- Maintaining adherence corporate, accounting and International Financial Reporting Standards (IFRS).
- Addressing escalated issues from employees and vendors regarding accounts payable.
- Ensuring accurate and complaint A/P files and records in accordance with the company’s police and government regulations.
Education
BSc. - Accounting
University of Applied Sciences
01.2009 - 01.2013
Skills
- Problem-solving
- Public speaking
- Communication skills
- Strategic planning
- Leadership
Timeline
Global - Head of financial planning & analysis
Foodics
01.2025 - Current
Financial Planning & Reporting Manager
Foodics
01.2023 - 12.2024
Global Accounts Payables & Treasury Manager
Foodics
02.2022 - 12.2022
Senior Financial Planning & Reporting Analyst
EXTRA-United Electronics Company
07.2021 - 02.2022
Senior Accounts Payables Specialist
EXTRA - United Electronics Company
05.2017 - 06.2021
Senior GL (General Ledger) Specialist
Extra - United Electronics Company
05.2015 - 05.2017
Accounts Payables Accountant
Umniah Telecommunication Company (Batelco)
01.2013 - 04.2015
BSc. - Accounting
University of Applied Sciences
01.2009 - 01.2013
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