Soliman Mohamed
Riyadh
Summary
Accomplished accounting professional with over 15 years of experience in financial management, cost analysis, and reporting across diverse industries. Proven expertise in preparing financial statements, managing payroll, and optimizing cash flow. Adept at leveraging ERP systems (SAP S4HANA, Odoo) and advanced Excel skills to drive data-driven decision-making. Certified in multiple financial and investment management qualifications, with a commitment to continuous professional development.
Overview
16
16
years of professional experience
2010
2010
years of post-secondary education
Work History
Financial Controller
Jadwa Investment Company
11.2021 - Current
- NAV Management: Oversee the preparation and issuance of Net Asset Value (NAV) packs for more than 35 real estate investment funds including two listed funds (Tadawul), managing assets under management (AUM) totaling $5.5 billion
- Financial Reporting: Lead the annual and semiannual financial statement projects for all 35 funds, ensuring accuracy from NAV preparation through to signed-off report issuance
- VAT Management: Manage VAT filings on a monthly, quarterly, and annual basis, including handling VAT refunds for qualifying developers and managing rulings and appeals with ZATCA & GSTCS
- Payment Processing: Review and approve payment requests to ensure compliance and accuracy
- KPI Reporting: Report on financial Key Performance Indicators (KPIs) for real estate investment funds to fund managers, providing insights to support decision-making
- Regulatory Compliance: Respond to Capital Market Authority (CMA) inspections relevant to financial requirements, ensuring adherence to regulatory standards
- Investment Analysis: Collaborate with investment teams to evaluate potential investment opportunities
- Analyze financial metrics and performance indicators to support decision-making
- Team Leadership: Supervise and mentor finance staff, fostering a collaborative environment
- Coordinate with other departments, including legal, tax, and operations
- Cash Flow Management: Monitor cash flow and liquidity to support investment activities and Prepare cash flow projections and reports
- Budgeting and Forecasting: Develop and manage the annual budget process and Conduct variance analysis to compare actuals against budgets and forecasts
Chief Accountant
White Crystal for Filling and Packaging
10.2018 - 10.2021
- Daily Transactions: Reviewed daily accounting transactions including sales, purchases, cash management, CAPEX, and expenses
- Reporting: Prepared daily reports on receivables, payables aging, accruals, and production volume achievements
- Purchasing Orders: Approved purchasing orders in alignment with cash flow budgets and payable days
- Reconciliation: Executed monthly reconciliations for bank accounts, inventory adjustments, provisions, accruals, and prepaids
- Payroll Management: Prepared and executed monthly payroll and bank transfers
- Bank Facilities: Managed bank facilities, including issuing Letters of Credit (L/Cs) for suppliers
- Financial Statements: Prepared financial statements and coordinated with external auditors for approval
- Data Analysis: Analyzed financial data and generated reports for management decision-making
Costing Section Head
United Food Industries Corporation Ltd. (UFIC/Deemah)
01.2015 - 10.2018
- Cost Management: Oversaw costing, stock control, and coordinated activities across operations and supply chain departments
- Landed Costs: Maintained and reported on landed costs for imported materials and price fluctuations
- Variance Reports: Prepared variance reports for materials and activities
- Cost Calculations: Managed provisional and final costing calculations
- Monthly Closing: Executed monthly closings, including inventory adjustments and material ledger updates
- Cost Analysis: Analyzed costs of raw materials, created cost-benefit analyses, and verified Bill of Materials and production versions
Senior Accountant
Future Orbit Trading Est.
02.2011 - 05.2013
- Financial Transactions: Recorded financial transactions and assisted with budget preparation
- Financial Reporting: Analyzed financial information and summarized financial status
- Payroll: Prepared monthly payroll and reconciled prepaids and accruals
- Stock Control: Managed stock control and conducted inventory adjustments
Junior Accountant
El Hoda for Trading
05.2009 - 01.2011
- Journal Entries: Posted and processed journal entries
- Accounts Receivable: Updated accounts receivable and issued sales invoices
- Expense Review: Assisted in reviewing expenses and performed physical stock counting
Education
Bachelor of Science - Accounting
Alexandria university
Skills
Financial Management
Management accounts
Budget preparation
Economic awareness
Solid Costing Background
Interpreting financial data
Strategic thinking
High levels of integrity
Predicting future trends
Supervisory skills
Decision making
Timeline
Financial Controller
Jadwa Investment Company
11.2021 - Current
Chief Accountant
White Crystal for Filling and Packaging
10.2018 - 10.2021
Costing Section Head
United Food Industries Corporation Ltd. (UFIC/Deemah)
01.2015 - 10.2018
Senior Accountant
Future Orbit Trading Est.
02.2011 - 05.2013
Junior Accountant
El Hoda for Trading
05.2009 - 01.2011
Bachelor of Science - Accounting
Alexandria university