A professional finance manager with over 22 years of experience in financial management, analysis, and reporting. My skills include, financial modeling, DCF valuation, business, strategic, and financial planning, forecasting, and budgeting.
Hi, I’m
Sherif Mosalam
Finance Manager
Riyadh
Summary
Overview
22
years of professional experience
2
Languages
Work History
Ibrahim M Bin Saedan Investment CompanyRiyadh
Finance Manager
12.2021 - Current
Job overview
- Re-structured finance department (function wise rather than company wise)
- Developed finance policy & procedures manual in-line with overall company policies
- Implemented new ERP system (MS Dynamics 365) with huge data migration
- Coordinated and supervised annual audit closures
- Developed cash flow management mechanism
- Developed business plans and feasibility studies for a number of RE projects (some of which are mega projects exceeding SR 2 billion
- Re-designed the chart of accounts for the new system with proper classification
- Designed the financial dimensions for each GL account (Dimensions include worker, contract, cost centers, departments, and projects)
- Re-worked the work flow within finance and between finance and other departments
- Designed a monthly reporting package to be presented to MD &
- Chairman
- Maintained & built strong relations with banks (creditors) considering the long term loan agreements for our projects pipe line
- Activated power BI and designed all of our reports accordingly
Abdulla Fouad CompanyDammam
FP&A Reporting & Budgeting Controller
07.2019 - 12.2021
Job overview
- Created a financial reporting tool (excel) and published to all business units (companies & departments)
- Re-gathered the files with financial data as per TB
- Prepared individual business unit report
- Prepared reports analyzing specific aspects of department structures, functions and operational procedures and recommended ways to improve productivity.
- Retrieved and organized data into required reporting formats to provide basis for comparison and evaluation.
- Consolidate the results (properly as per audit standards)
- Developed a budgeting tool and published to all BUs
- Gathered the files and develop individual BU budget report
- Consolidate the budget into one single budget for the group
- Developed a comprehensive annual report
- Developed advanced costing sheet (to be used by all BUs when bidding or pricing)
- Developed capital structure analysis for all BUs and holding company
- Developed a monthly reporting package with full details about each BU and for the consolidated results
- Developed a monthly executive summary (in Arabic) to be presented to BOD and Chairman
- Assisted in annual audit finalization
- Handled credit department for about 9 months
Al Issa Holding CompanyRiyadh
Finance Manager
01.2015 - 05.2019
Job overview
- Maintained vendor setup and payment, administration of bank accounts and account reconciliations.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Developed corporate investment strategies to drive growth and security (including feasibility for a number of projects)
- Forecasted trends and recommended improvements based on financial risk analyses.
SAED Holding CompanyRiyadh
Director of Finance & BD
09.2011 - 01.2015
Job overview
- Established a number of start-up companies in a process of establishing a holding company
- Developed a business plan for the group and for each subsidiary (including Sanabel Al Salam Company)
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Drove revenue stream development through strategic collaboration and partnerships.
- Evaluated project applications and verified with outline specifications to approve, reject and recommend adjustments.
- Generated financial and operational reports to assist management with business strategy.
Ajeej CapitalRiyadh
Investment Senior Analyst
05.2008 - 08.2011
Job overview
- Monitored market trends and news to identify emerging opportunities.
- Developed financial projections and forecasts to guide investment decisions.
- Generated comprehensive reports on portfolio performance and risk assessment.
- Developed trading strategies to maximize returns on investments.
- Created and maintained precise and accurate models, charts and reports.
- Conducted due diligence on potential investments and presented findings to investors.
- Assisted in preparation of presentations, data tables and other documents for investor meetings.
- Researched macroeconomic, industry and company-specific data to inform investment decisions.
- Developed financial models to assess potential investments and identify potential risks.
- Participated in client meetings to discuss financial analysis and investment strategies.
- Tracked prices, yields and other trends to correctly interpret impacts on investment programs.
Olayan Food Services Company (Burger King ME)Riyadh
Various Positions Within Finance Department
07.2001 - 04.2008
Job overview
- Joined OFC in 2001 in its operations (all the way to restaurant manager)
- after 2 years in the operations, i was selected by the head office to work as an internal auditor (both financially and operationally)
- Developed an audit mechanism that allowed me to spot many fraud cases
- Developed a (Food Cost Calculator), a very sophisticated spreadsheet that calculates both ideal and actual cost on daily basis and shared the findings with store managers and regional managers
- Developed a report package which included a comprehensive analysis for the performance by restaurant wise and consolidated
- Acted as a chief accountant from 2005 to 2007
- Promoted to Business Optimization manager in 2008
Education
Bachelor Degree from Finance &
Business Administration
University Overview
Skills
Financial analysis
Cost control and reduction
Business Development
Strategic and financial planning
Budget forecasting
Financial reporting
Valuation (DCF)
Financial modeling
Timeline
Finance Manager
Ibrahim M Bin Saedan Investment Company
12.2021 - Current
FP&A Reporting & Budgeting Controller
Abdulla Fouad Company
07.2019 - 12.2021
Finance Manager
Al Issa Holding Company
01.2015 - 05.2019
Director of Finance & BD
SAED Holding Company
09.2011 - 01.2015
Investment Senior Analyst
Ajeej Capital
05.2008 - 08.2011
Various Positions Within Finance Department
Olayan Food Services Company (Burger King ME)
07.2001 - 04.2008
Bachelor Degree from Finance &
Business Administration
1 1999