Muhasin KM

• Lead the preparation and analysis of financial forecasts, budgets, and long-term planning for the company's engineering consulting projects (PMO & PMC), ensuring alignment with overall business objectives.
• Provide accurate and timely financial reports to the Country CFO and Regional FP&A Manager, focusing on balance sheet, P&L, and free cash flow (FCF) forecasting.
• Develop, track, and report on key financial metrics, including project budgets, variance analysis, and cash flow projections to ensure timely and accurate financial reporting.
• Collaborate closely with project managers and other cross-functional teams to manage and analyze project financials, including revenue recognition, cost control, and profitability analysis.
• Oversee and control General & Administrative (G&A) expenses, conducting detailed analysis and variance reporting to ensure cost control and budget adherence.
• Monitor and assess financial performance against KPIs (DSO, DRO , DUO & DPO), providing actionable insights to improve cost efficiency and operational effectiveness.
• Consolidation Package Review and reporting to Group - Conso Team for the Actual and Forecasted Balance sheet, P&L, IFRS reporting and Accounting Blocking control eliminations.

Key Achievements:

• Coordinated and completed 16 audits for entities under the Egis Saudi Cluster, ensuring 100% compliance with local regulation.
Improvedmproved cash flow by analyzing DSO, DRO, DUO, and DPO, resulting in better working capital efficiency and optimized cash conversion cycles
• Led forecasting and reporting for the Egis Saudi Cluster (1.5B SAR), providing accurate P&L, balance sheet, and free cash flow forecasts to support data-driven decisions.
• Implemented Tagetik for FP&A and consolidation, and Lucanet for IFRS reporting, streamlining financial reporting and compliance.
• Worked with Deal Software, SAP, ERAF, Smartsheet (project budgets), and Diapason (treasury), optimizing financial processes and reporting.
• Currently leading the Oracle implementation for the Saudi Cluster, improving financial reporting and system integration.

Entities Under Current Role

• Egis Engineering Consultancy
• Omrania by Egis
• Egis Rail
• Egis Regional Headquarters
• Egis Project Management Company
• Egis Management Company
• Egis Projects Ltd.
• WME Saudi Consultants

• Head the entire finance and accounting operations for the Logistics Division (Bindajim Logistics – BDL), ensuring smooth and effective financial management across all logistics-related functions.
• Oversee the preparation, consolidation, and presentation of financial statements, including monthly, quarterly, and annual reports, ensuring compliance with both internal policies and external regulatory standards.
• Manage treasury operations, including cash flow forecasting, liquidity management, and strategic investment planning, to optimize cash utilization and support working capital requirements.
• Lead the management of accounts payable and accounts receivable teams, ensuring an efficient and effective working capital cycle while maintaining optimal cash flow across the logistics division.
• Prepare and present annual budgets, quarterly forecasts, and performance reports to top management, highlighting financial performance, key metrics, and variances, supporting strategic decision-making.
• Lead the investigation and reconciliation of all financial discrepancies, analyzing account data to resolve issues and ensure the integrity of financial records.
• Drive continuous improvement initiatives within the finance department, identifying areas for automation and streamlining processes to improve efficiency, reduce costs, and support scalable growth.
• : Evaluate the adequacy of internal control systems and risk management practices, recommending improvements to mitigate financial risks and enhance operational efficiency.

Key Achievements:

• Successfully streamlined accounting processes across the Freight Forwarding, Terminal Transportation, and Customs Clearance divisions, enhancing operational efficiency and financial reporting.
• Led the implementation of a monthly reporting system, ensuring timely and accurate financial reporting to Managing Director.
• Reduced working capital days by implementing tighter controls and establishing a robust AP & AR reconciliation system, resulting in improved cash flow and more efficient management of receivables and payables .
• Implemented a structured, focused customer follow-up system, ensuring faster collections and contributing to a reduction in outstanding receivables, enhancing liquidity.
• Successfully implemented internally built customized ERP software which integrated Freight forwarding, Terminal Transportation and Customs clearance divisions operations.

• Led audit assignments across diverse industries, including logistics, retail, healthcare, and manufacturing, overseeing all phases from planning to execution.
• Designed comprehensive audit plans based on thorough risk assessments, ensuring that audit objectives were aligned with business needs and industry best practices.
• Managed pre-audit evaluations, establishing objectives and scope, followed by post-audit follow-ups to ensure the implementation of recommendations.
• Conducted detailed analysis of financial statements of various entities and prepared financial analysis reports, providing valuable insights into financial performance.
• Oversaw the timely compilation and reporting of audit findings, delivering comprehensive audit reports to senior management.
• Managed domestic taxation assignments, providing tax advisory services related to withholding taxes, double taxation agreements, and compliance with local tax regulations for multinational clients across countries such as Slovenia, Netherlands, UAE, and Botswana.
• Advised clients on tax management, planning, and compliance with Zakat and VAT laws in the Kingdom.
• Developed and implemented Standard Operating Procedures (SOPs), ensuring efficient and effective internal financial controls within client organizations.
• Conducted internal audits to evaluate operational efficiency, internal controls, and compliance with company policies. Additionally, provided business valuation services to assess the financial health of client organizations, supporting key decision-making.

Led a 3-month contract with a leading financial consultancy firm (May 2018 to July 2018), where I managed an audit team, conducted internal audits, and provided advisory services to manufacturing, trading, and service entities, while preparing detailed audit and valuation reports covering all key financial aspects of the clients.

• Led an audit team to conduct internal audits and statutory audits for clients across diverse industries including manufacturing, broadcasting and telecommunication, automobile, software, hospitals, education, and retail.
• Prepared valuation reports for companies in the software, retail, and manufacturing sectors, providing financial insights for decision-making.
• Internal Control & Cost Optimization: Standardized costing processes for several manufacturing companies, reducing waste and increasing profitability by improving internal controls and cost management.
• Managed the preparation of financial statements, quarterly and monthly performance reports, and final accounts, resolving complex accounting issues and ensuring compliance with applicable laws and standards.
• Involved in accounting operations, including journal entries, reconciliations, accounts payable/receivable, and financial statement preparation, ensuring accuracy, compliance, and timely reporting to clients.
• Gained experience in secretarial work such as drafting agreements and incorporating private companies and LLPs, alongside expertise in accounting software including SAP, Tally ERP 9, and other customized systems.

Conducted statutory and internal audits for companies in the retail industry, participated in stock audits as per RBI requirements, and provided consultancy on income tax, Companies Act, sales tax, and other regulatory matters.