Influential leader with over 15 years of experience and proven success directing staff, allocating resources, and managing key initiatives, Proven expertise in Financial accounting and reporting under GAAP & IFRS standards, committed Financial reporting Manager with experience delivering timely, quality month- and year-end account management functions, adept in standard and statutory reporting and accounts consolidation for insightful, accurate records, Collaborates well with transactional teams for good department communications and productivity.
Overview
17
17
years of professional experience
Work history
Financial Reporting & Budgeting Manager
AlSaedan Real Estate Co
Riyadh, Saudi Arabia
2023.08 - Current
Key Responsibilities
Manage preparation of monthly, quarterly and annual business unit and consolidated financial statements with courtyard by Marriott hotel
Prepare and analyze financial statements' reporting package on monthly basis
Perform data quality checks across all reporting systems to ensure integrity of reports published
Liaison with external auditors to prepare audited financial statements for each entity
Issuing monthly performance report (Actual vs YAGO and Actual Vs Budget)
Issuing Board of directors' report on quarterly basis
Issuing investments property report on weekly basis
Issuing quarterly KPIs report for financial & Budget results
Managing Reporting activities and representation during business meetings to understand and ensure needed information is delivered which meets strategies business goals
Ensuring reports are developed using most appropriate method and tools available
Designing effective budget models for departments and entire company
Analyzing financial information (e.g., revenues, expenditures and cash management) ensuring that company's financial operations do not exceed budget limits
Suggest spending improvements that increase profits
Ensures that company's budget complies with approved legal regulations
Comply with approved policy of budgeting regarding deadlines and management of budgeting process.
Chief Accountant
Schweitzer Engineering Laboratories, SEL (U.S. based Co.)
Khobar, Saudi Arabia
2016.10 - 2023.07
Key responsibilities
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Follow - up on irregularities/noncompliance with procedures and highlight them to Management.
Maintaining and monitoring all accounting records.
Getting books of accounts ready for various audits - statutory, IKTVA, internal, etc
Providing technical support and advice to junior staff
Verify, allocate, post, and reconcile accounts payable and receivable
Supervising all inter-company transactions and generating invoices as necessary
Preparing monthly Withholding Tax Schedules and ensuring timely payment to government
Preparing Tax Filing and Tax Returns on ZATCA platform with 100% Accuracy in submitting Tax files
Scanning, posting of bills payments and payments of all Supplier invoices
Monthly Intercompany Reconciliation with SEL India, SELINC USA, SEL UAE, and SEL Middle East
Liaised with and managed relationships with external auditors to prepare excellent audit reports.
Ensuring SEL's Values are fully implemented and sustained across all areas of responsibility
Full cycle preparation of Monthly & year-end close process.
Senior Cost Accountant
Pepsi Cola Al Jomaih Bottling & Can Making Plants
Riyadh, Saudi Arabia
2011.06 - 2016.09
Key responsibilities:
Maintaining, analyzing, and developing bills of material (BOMs)
Reviewing and analyzing manufacturing job orders (Batches) and closing them on time
Comparing budgeted overheads vs Actual, and analyzing reasons for variances
Performed variance analysis, determining root cause of variances with 100% success.
Perform and report performance indicators on daily basis for Sales & production dashboard
Reviewing Mfg (O/H) for all products, clearing and allocating over/under-applied amounts
Continuously checking purchase prices, determining effect of price fluctuation on product cost
Preparing contribution / Gross margins and profitability analysis
Performing and supervising month-end cost accounting duties (closing of production orders, reporting variances, efficiency, and spoilage reports) Inventory Control
Supervising physical inventory counts and validating Inventory variances report
Preparing Proper entries in General Ledger for all COGS / Inventory related entries (Material Cost / Overheads and Labor Costs)
Maintaining Spare Parts physical records and ensuring monthly calculation of Spare Parts provision
Validating Cost of goods sold (COGS) as part of monthly close
Ensuring all inventory sub-ledgers match with general ledger
Assisting in preparation of annual operating plan (AOP) and cash flow forecasts
Evaluating CAPEX proposals, comparing them with budgets, and advising management on feasibility
Making sure company's departments meet their budget submission deadlines
Issuing weekly & Monthly reports such as (Material Usage Variance, Sales & production reports), and preparing monthly flash P&L
Responding to accounting inquiries from management in timely fashion.
Accountant
Ajlan & Bros Holding Co
Riyadh, Saudi Arabia
2007.01 - 2011.06
Proficient in using accounting ERP System Microsoft Great Plains (GP)
Preparing payment vouchers, and controlling Petty cash and expense claims by verifying
Documentation, and requesting disbursements
Preparing and recording period-end accruals and adjustments
Full reconciliation of General Ledger accounts
Reviewing cash flow and ensuring funds are daily arranged
Preparing and reviewing bank reconciliations
Assisting in Preparing monthly/quarterly/annual financial statements.
Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
Education
Bachelor of Commerce - Accounting
Sohag University
Egypt
07.2006
Skills
ORACLE ERP System
Dynamics AX ERP System
MS Dynamics Great Plains (GP)
SAP Concur
Microsoft Office (Excel, Word, PowerPoint, Etc)
Power BI and Data Visualizations
Languages
Arabic
Native
English
Proficient
C2
Timeline
Financial Reporting & Budgeting Manager
AlSaedan Real Estate Co
2023.08 - Current
Chief Accountant
Schweitzer Engineering Laboratories, SEL (U.S. based Co.)
<ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.<ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.