Summary
Overview
Work history
Education
Skills
Languages
Certification
Timeline
Generic
Muwaffaq AlSharif

Muwaffaq AlSharif

Jeddah,KSA

Summary

Financial leader with proven track record in enhancing financial performance and strategic planning. Expertise in IFRS standards and effective financial leadership. Focused on achieving organizational goals and improving fiscal stability.

Overview

9
9
years of professional experience
1
1
Certification

Work history

Senior Finance Manager

Alvest Arabia
Jeddah
10.2023 - 08.2025
  • Presented detailed quarterly financial performance reports to Board of Directors, covering sales analysis and profitability.
  • Prepared annual budgets and forecasts while monitoring performance to adapt financial strategies.
  • Managed budget alignment with approved financial model to ensure fiscal integrity.
  • Collaborated with bankers, government authorities, and key vendors to facilitate smooth operations.
  • Oversaw treasury functions and daily transactions, ensuring efficient accounts department operations.
  • Identified opportunities to streamline financial reporting processes while maintaining IFRS compliance.
  • Established internal control procedures to safeguard assets and enhance report accuracy.
  • Regularly reviewed internal control policies to ensure reliability and prevent fraud.

Chief Accountant

Alvest Arabia
Jeddah
04.2021 - 09.2023
  • Managed and supervised accountants and financial professionals to ensure accurate financial data recording and reporting.
  • Prepared comprehensive financial statements, including income statements and balance sheets, reflecting company’s financial position.
  • Conducted regular audits of financial records to ensure compliance with accounting standards.
  • Closed all General Ledger accounts in a timely manner for monthly financial reporting.
  • Developed budgets and monitored expenses to align with company’s financial objectives.
  • Provided strategic financial advice to senior management for informed decision-making.
  • Maintained accurate, up-to-date, and organised financial records.
  • Ensured compliance with tax regulations, filing tax returns accurately and punctually.

Accounting Supervisor

New Products Industries Co. Ltd.
Jeddah
03.2016 - 03.2021
  • Ensured timely monthly account closures, including reconciliation of payables, receivables, and banks.
  • Regulated actual spending and revenue against allocated budgets, investigating significant fluctuations for CFO reporting.
  • Forecasted cash flow needs considering new CAPEX items, coordinating with bankers and shareholders to address shortfalls.
  • Controlled day-to-day production costs, calculating variances between standard and actual costs per product.
  • Prepared production and inventory reports, comparing inventory with market value to ascertain net realised value.
  • Liaised with bankers for short- and long-term financing, managing operational funding and letters of credit.
  • Reviewed inventory costing and monthly counting variances to maintain accurate records.
  • Assessed fixed assets register for additions, disposals, and depreciation management.

Education

Bachelor of Accounting - Business Administration

Umm Al-Qura University
Makkah, Saudi Arabia
/2011 - /2015

Skills

  • Driving financial performance
  • Strategic financial planning
  • Knowledge of IFRS standards
  • Financial leadership

Languages

Arabic
Native
English
Fluent

Certification

  • Effective Communication & Leadership Skills
  • VAT Specialist
  • WHT
  • Financial Reporting & Analysis

Timeline

Senior Finance Manager

Alvest Arabia
10.2023 - 08.2025

Chief Accountant

Alvest Arabia
04.2021 - 09.2023

Accounting Supervisor

New Products Industries Co. Ltd.
03.2016 - 03.2021

Bachelor of Accounting - Business Administration

Umm Al-Qura University
/2011 - /2015

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Muwaffaq AlSharif