MUATH BINHUWAYMIL
RITADH,SAUDIA ARABIA
Summary
Business-minded Finance Manager promoting more than [12] years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team collaboration and decision making skills.
Overview
12
12
years of professional experience
4
4
years of post-secondary education
1
1
Certification
Work history
General manager of Finance
Strategic management Office
RIYADH
04.2025 - Current
- Led forecasting exercises to anticipate future business needs.
- Implemented new financial systems enhancing data accessibility and reliability.
- Streamlined financial procedures to improve efficiency and accuracy.
- Provided key input in strategic decision-making meetings, influencing company direction.
- Prepared regular cash flow reports assisting in better fund allocation.
- Analysed complex financial data, providing meaningful insights for company leadership.
- Managed a team of junior finance professionals, promoting professional development.
- Conducted thorough risk assessments to mitigate potential losses.
Accounting Director
General Authority for Military Industries
11.2019 - 03.2025
- To fully enable the Enterprise Resource Planner, I redefine the end to end budget, procurement and HR processes with multiple stakeholders to work as one ecosystem in SAP. Which increase the integrity and accuracy of the financial reporting. In GAMI we use tow system cash and accrual basis (flow International Public Sector Accounting Standers) that help us to submit and approved all financial reports for 2019, 2020 and 2021. I have extensive experience in dealing with the observations of the external, internal auditor and GCA. Finally, as a one team we help budget department to build yearly budget from the all department requirement until we get the budget from MOF.
- - Follow up on all purchase orders and their correct accounting classification in the financial system.
- - Supervising all contracts with suppliers, checking invoices for those contracts, and disbursing all related invoices on time, after verifying their validity.
- - Approval of all accounting operations in the SAP financial system related to fixed assets, AP and AR.
- - Close the books of accounts according to IPSAS monthly basis.
- - Preparing all financial reports for the Ministry of Finance on a monthly basis and the final account report on an annual basis.
- - Prepare financial statements report on an accrual basis in accordance with International Public Sector Accounting Standards (IPSAS).
- - Monitor the budget and purchase plan on a monthly basis, analyse deviations, and raise recommendations for transfers or reinforcements.
- - Extensive understanding of government procurement methods, including general and limited tender, direct purchase, and framework agreements, and dealing with them.
- - Preparing the financial policies and procedures, the powers matrix, and the forms used.
- - Reviewing all employees' salaries, periderm and bonuses, and approving end-of-service benefits.
- - Creating a system for archiving all financial management documents to facilitate the process of reviewing and reviewing them at any time.
- - Full knowledge of the application of VAT and WHT and the making report by monthly basis.
- - Managing the budget for the International Defence Exhibition for the fiscal year 2022.
Accounting Supervisor
Small and Medium Enterprises Authority
04.2017 - 11.2019
- During three years working in the Public Authority for Small and Medium Enterprises, it was an interesting journey because I considered the first employee in the financial department to have the honer to establish the financial department. We faced all the challenges, as it was my first experience in the government sector, but we did a great job and many initiatives that had an impact on the owners Small and medium enterprises.
- - Governance and organization of the initiative to recover government fees for small and medium enterprises and pay them on a monthly basis.
- - Implanted the International Public Sector Accounting Standards (IPSAS).
- - Prepared financial reports on accrual basis and cash basis.
- - Prepared weekly/monthly/quarterly reports comparing to budget report.
- - Prepared and sending the MOF report on Monthly basis.
- - Reviewed and Bookkeeping AP, AR, and GL.
- - Reconciled banks accounts and MOF account on monthly basis.
- - Assisted business with preparing and executing financial plans based on sound Accounting practices.
- - Created, verified and added new journal entries in SAP system.
- - Secured sensitive and confidential information against unauthorized access by Carefully following information protection protocols.
- - Trained staff on correct accounting methods to enforce financial policies.
Acting Head of Finance and Support Services Department
Saudi Industrial Development Fund
05.2013 - 04.2017
- During my period of work in the Industrial Fund after my graduation from the university, it was a very nice experience, as I started my career path as an accountant to the Acting Head of Finance and Support Services Department. It was an exceptional stage because the Fund is considered one of the leading semi-governmental entities I did a lot of errands during that time:
- - Manage purchasing and finance for Kafalah program.
- - Manage all financial operations, procurement and budget.
- - Managing the Guarantees Committee and approving the projects that are guaranteed through the program after studying the program's finance consultants.
- - Presenting all reports to the program board members and the necessary financial analysis.
- - Study of raising the capital of the program and investing its funds to ensure its sustainability.
- - Signing all contracts that enable the program to carry out its work and following them up on a weekly basis.
Education
Bachelor Degree - Accounting
King Saud University
01.2009 - 01.2013
Skills
- Good communication
- Excellent conceptual and analytical skills
- Effective interpersonal skills
- Ability to work under time pressure
- Ability to work as a team
Certification
- Course in accounting standards for the public sector (IPSAS)
- Course in International Financial Reporting Standards (IFRS)
- Accounting and auditing in house program held at SIDF
- Course in English at SIDF
- General & Business English course
- International Financial Reporting Standards
- Budgeting, Accounting & Cost control
- International Computer Driving Licence
- Understanding psychologist's course
- Course in the conceptual framework of Accounting
- International Financial Reporting Standards and Update
- Communication Skills
Timeline
General manager of Finance
Strategic management Office
04.2025 - Current
Accounting Director
General Authority for Military Industries
11.2019 - 03.2025
Accounting Supervisor
Small and Medium Enterprises Authority
04.2017 - 11.2019
Acting Head of Finance and Support Services Department
Saudi Industrial Development Fund
05.2013 - 04.2017
Bachelor Degree - Accounting
King Saud University
01.2009 - 01.2013
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