NABIL ELMAGHRABY

1. Strategic Financial Planning & Analysis

• Lead annual budgeting and reforecasting aligned with company strategy.
• Perform financial analysis and variance reporting with actionable insights.
• Support CFO in financial modeling for investments
• Collaborate cross-functionally to ensure data accuracy and drive efficiency.

2. Financial Reporting & Governance

• Oversee preparation and submission of IFRS-compliant financial statements.
• Ensure compliance with CMA, Tadawul, and regulatory requirements.
• Manage financial close, audits, and develop management reporting dashboards.
• Prepare clear, insightful reports and presentations for the Board and executives.

3. Regulatory Compliance & Statutory Reporting

• Ensure adherence to all financial regulations and statutory filings (tax, zakat, VAT).
• Monitor regulatory changes and implement required updates.
• Coordinate with tax advisors and manage audits and inquiries.
• Maintain compliance calendars and support internal governance.

4. Treasury & Cash Flow Management

• Manage cash flow forecasting, liquidity, and working capital optimization.
• Maintain banking relationships and oversee financing structures.
• Assess and mitigate treasury risks with appropriate hedging strategies.
• Provide regular treasury reports to senior management.

5. Internal Controls & Risk Management

• Strengthen internal financial controls and mitigate risks.
• Collaborate with audit and compliance teams to enhance control frameworks.

6. Financial Systems & Process Improvement

• Lead ERP implementation and financial system optimization.
• Automate reporting and ensure data integrity in collaboration with IT.
• Develop and enforce financial policies aligned with best practices.

7. Budget Control & Cost Management

• Monitor budgets, enforce controls, and conduct variance analysis.
• Drive cost optimization and promote financial discipline across departments.
• Support data-driven decision-making and resource allocation.

8. Team Leadership & Development

• Lead, mentor, and develop the finance team for high performance and accuracy.

9. IPO Preparation

• Manage IPO due diligence processes, coordinating with advisors and regulators.
• Ensure compliance with CMA and Tadawul requirements for successful listing.

10. Zakat & Tax Compliance

• Oversee tax and zakat filings, ensuring accuracy and timely submissions.
• Coordinate with external advisors and support tax audits.
• Implement controls to mitigate risks and maintain compliance.

Led all accounting operations to ensure compliance with International Financial Reporting Standards (IFRS) in Saudi Arabia.

Prepared timely financial statements and reports on performance, liquidity, and profitability.

Managed capital expenditure accounting, emphasising internal controls and asset record keeping.

Collaborated with finance teams and senior management on business analytics and financial planning.

Coordinated financial information for timely reporting to lenders as required.

Established robust internal controls to enhance operational efficiency and reliability of financial reporting.

Supervised approval processes for invoice payments and financial documentation to ensure compliance.

Monitored expenditures in conjunction with internal departments to support effective business operations.

Reviewed daily transactions and posted them to ledger accounts.

Tracked expenses and revenues against budget; analysed fluctuations.

Prepared monthly financial statements and executive reports.

Controlled costs for raw materials and manufacturing overheads.

Supervised implementation of department plans, ensuring compliance.

Supported back-office credit facilities and enforced company policies.

Coordinated annual budgets; monitored progress.

Organised financial data into usable information and maintained updated records.

Assisted staff in preparing monthly and quarterly accounting reports.

Analysed financial statements for accuracy and compliance with accounting standards.

Identified potential cash flow issues and financial discrepancies.

Liaised with department heads to maintain budget adherence across departments.

Performed reconciliations of general ledger accounts.

Supervised account clerks and junior accounting staff, providing guidance.

Delivered regular updates to management on company financial status.

Ensured compliance with all relevant accounting legislation.

• Managed full-cycle accounts payable and receivable functions for smooth financial operations.
• Led successful implementation of new billing system improving overall invoicing efficiency greatly.
• Coordinated internal audits; identified and rectified areas of non-compliance promptly.
• Mitigated financial risks with thorough credit control measures.
• Followed up with customers to collect specific financial information and verify details for preparation of [Type] forms.

Reviewed daily transactions to ensure accuracy and compliance.

Managed entire process of Letters of Credit from establishment to receipt of goods.

Prepared comprehensive financial reports for stakeholder review.

Operated over 10 bank accounts in local and foreign currencies, including cheque issuance.

Executed local and foreign bank transfers, providing timely cash reports as necessary.

Administered fixed asset accounts covering acquisition, depreciation, and disposal processes.

Oversaw payroll and employee accounts, ensuring accurate salary payments and benefits administration.

Recorded and analysed inventory movements, producing detailed inventory reports.

Recorded and analysed inventory movements, generating comprehensive inventory reports.

Managed daily expenses transactions to ensure accurate financial tracking.

Produced monthly reports to summarise financial performance.

Reviewed and reconciled petty cash to maintain precise records.