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Work Background
Al Mojel For Home Appliances (subsidiary of Al Mojel co)Accounting Manager
May. 2024Saudi Arabia, RiyadhIntegrated Financial Systems: Directed the implementation of Odoo 17, aligning financial modules (AR, AP, GL, payroll, inventory, and purchasing) to enhance operational efficiency and ensure accurate data flow.
• Strategic Financial Oversight: Delivered IFRS-compliant financial statements and actionable analytics to support data-driven decision-making at the executive level.
• Budgeting and Forecasting: Led the annual budgeting process, improving forecast accuracy and ensuring alignment with organizational goals through detailed variance analysis.
• Cash Flow Management: Developed robust cash flow models, strengthening liquidity oversight and improving financial stability.
• Credit Risk Management: Restructured credit evaluation policies to minimize receivables risk while maintaining client satisfaction and operational cash flow.
• Pricing Strategy: Designed pricing models for retail and wholesale operations, driving revenue growth while safeguarding profitability and market competitiveness.
• Audit and Compliance: Partnered with external auditors to deliver accurate, timely, and compliant financial reports, consistently achieving clean audit results.
• Policy Implementation: Established and enforced corporate policies and procedures, streamlining workflows and strengthening internal controls.
• Ad-Hoc Reporting: Produced high-quality, on-demand financial and operational reports tailored to management needs, facilitating informed decisions.
• Team Leadership: Managed and mentored a high-performing accounting team, enhancing productivity and fostering professional development.
• Executive Reporting: Provided detailed financial insights to senior leadership, supporting strategic business planning and organizational growth.
Ajlan&brosChief accountant
May. 2021 - May. 2024Saudi Arabia, Riyadh• Coordinate and review the monthly, quarterly, and annual financial close processes.
• Handle supervision of all entities financial accounting (A/R, A/P, G/L) through corporate systems.
• Prepare and analyze financial statements ensuring accuracy and compliance with IFRS and company policies.
• Responsible for day-to-day finance and accounting operations, responsible for the review of transactions booked by the finance team, e.g., accounts payable aging, review classification for all l/t and s/t accounts, doubtful debtors, etc.
• Supervision of fixed assets to review the reasonableness of depreciation expense and NBV per store, BPC control of acceptable accounting system movements, control CIP for store opening dates, and closed stores with movements.
• Analytical review: Provide insightful financial analysis, identify unusual deviations, and take corrective actions.
• Lead and mentor the accounting team, providing guidance, training, and performance evaluations.
• Prepare and manage the annual budgeting process, including the development of financial forecasts and targets.
• Conduct financial analysis and provide insights to senior management for effective decision- making.
• Monitor financial performance against budgets, identify variances, and recommend corrective action.
Ajlan&brosInventory and Cost accountant
May. 2018 - May. 2021Saudi Arabia, Riyadh• Process new items costing.
• Create additive cost estimates, mark, and release cost estimates, and execute and monitor costing runs.
• Execute product costing period end close by monitoring all product costing and inventory valuation.
• Perform results analysis related to product cost and product revenue.
• Review product cost lines, relate with business key indicators, and provide cost variance analysis, highlighting opportunities or negative trends.
• Prepare balance sheet reconciliations for relevant accounts and certify completeness.
• Process product costing and production order settlement, monthly material ledger close.
Ajlan&brosAccounts Payable Team Lead
May. 2015 - May. 2018Saudi Arabia, Riyadh• Process outgoing payments in compliance with financial policies and procedures.
• Perform day-to-day financial transactions, including verifying, classifying, and recording accounts payable data.
• Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
• Verify and investigate discrepancies, if any, by reconciling vendor accounts and monthly vendor statements.
• Generate reports detailing accounts payables status.
• Understand expense accounts and cost centers.
Ajlan&brosAccounts Receivable Supervisor
May. 2012 - May. 2015Saudi Arabia, Riyadh• close the module every month end to verify the accuracy of the transactions with the Aging report and GL.
• Lead the team in GCC (KUWAIT, UAE, QATAR, BAHREIN)
• Prepare and revise the salesperson commission.
• Process accounts and incoming payments in compliance with financial policies and procedures
• Perform day-to-day financial transactions, including verifying, classifying, computing, posting and
recording accounts receivables’ data.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Verify discrepancies and resolve clients’ billing issues.
• Generate financial statements and reports detailing accounts receivable status and prepare AD- HOC report according to the management request
ElectroluxACCOUNTANT
Sep. 2008 - May. 2012Egypt, Alexandria• A/R responsible for following up on the customer balance and doing the authentication.
• INVENTORY: responsible for doing the physical count and solving the issues Of the Alexandria branch
• Trace the safe balance (cash management module)
• Coordinate with logistics to trace orders and inter-organization transfer.
• Responsible for follow-up on collection remainder.
• Contact with business department and prepare the daily sales report.
• And the comparative sales data of precedent years.
• Compare the average growth of performance during years by charts.
• Responsible for the installment system to calculate the installment every month for
customers and coordinate with the bank for any new conditions.
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