Results-driven Chief of Accounts with extensive experience in managing comprehensive financial operations for high-value projects, suitable for roles such as Accounts Manager or Internal Auditor. I have demonstrated expertise in overseeing daily financial activities, including accounts payable, receivable, payroll, and general ledger management. I am proficient in preparing and analyzing detailed financial statements, audit balances, and budget reports, ensuring accuracy and compliance. Skilled in coordinating with department heads, external auditors, and stakeholders, I have a proven ability to optimize cash flow and manage large-scale budgets exceeding 1 billion SR. I am adept at implementing financial procedures that enhance operational efficiency while maintaining a strong commitment to International Financial Reporting Standards (IFRS) and driving continuous improvement in financial processes.Let's connect to explore opportunities where I can bring my financial acumen and strategic insight to your organization!
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Chief AccountantAltoukhiRiyadh, Sa -
Chief Of AccountsAltoukhi Oct 2022 - PresentOversee daily financial operations, managing over 1,500 transactions per month across accounts payable, receivable, payroll, and general ledger entries, ensuring adherence to internal controls and financial regulations.Prepare, analyze, and validate monthly audit balances and reconciliation statements for all general accounts, ensuring accuracy and completeness.Ensure the timely preparation of quarterly financial reports and statements for senior management, reconciling discrepancies to achieve a precise and error-free financial close.Collaborate with department heads and external auditors to prepare the annual budget and financial plans, managing expenditures and capital investments exceeding 1 billion SR annually.Ensure all financial records are accurate, complete, and up-to-date to meet external audit requirements and support strategic decision-making.Develop and enhance the skills and performance of a team of 10 accounting professionals through targeted training programs and optimized task distribution.Lead the team to achieve timely and accurate finalization of financial statements for fiscal years 2022 and 2023, each valued at over 1 billion SR, securing external auditor approval. -
Senior AccountantUnion Of Arab Al-Jazira May 2019 - Sep 2022Managed cash flow and financial resources by adjusting company accounts and bank transactions, ensuring optimal use aligned with strategic financial planning and future budget forecasts. Monitored cash positions closely to support business operations and maintain liquidity.Prepared comprehensive financial statements and value-added tax declarations, followed up on Zakat filings, and ensured accurate, compliant reporting. Successfully obtained final Zakat certificates and maintained up-to-date records of the fixed asset register, ensuring all assets were insured and safeguarded.Collaborated with department heads and participated in cross-departmental meetings to align financial strategies with operational goals. Reviewed and approved project contracts, ensuring compliance with financial conditions, and regularly monitored supplier and subcontractor accounts for accuracy.Conducted periodic reviews of bank statements, performed reconciliations, and managed the documentary cycle. Oversaw the preparation of documentary credits for suppliers, coordinated physical inventory counts, and adjusted budgets, including asset depreciation calculations, to ensure accurate financial reporting and compliance with internal policies.
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AccountantPc Marine Services Jan 2010 - May 2019Jeddah, Makkah, Saudi ArabiaManaged financial aspects for the construction project of Berths 10 and 11 at Yanbu Commercial Port, valued at 385 million riyals. Oversaw material purchases, daily expenses, various rents, and payments to suppliers and subcontractors. Prepared and monitored supplier statements, tracked owner payment certificates, ensured timely fund disbursement, and accurately maintained all expense records. Developed and managed the comprehensive documentary cycle for project transactions.Oversaw financial operations for the new waterfront project in Jeddah Corniche, worth 844 million riyals. Monitored expenses related to material purchases, labor salaries, subcontractor payments, and daily operational costs. Prepared and reviewed supplier extracts, tracked balances, and ensured alignment with owner extracts, facilitating fund disbursement and maintaining precise financial documentation for audits.Directed accounting and financial supervision for the fishing port project in Al-Qunfudhah, valued at 86 million riyals. Managed financial operations including material procurement, labor costs, subcontractor payments, and operational expenses. Conducted thorough reviews of supplier accounts, monitored transactions, prepared monthly financial statements, and ensured the documentary cycle supported project audits and financial reviews.Collaborated with the Contracts and Purchasing Department to evaluate supplier quotations, reviewed contracts for compliance and cost-effectiveness, and ensured execution in the company's best interests. Monitored supplier and subcontractor balances, managed credit limits, and ensured prompt financial obligation fulfillment while optimizing project fund usage to enhance financial efficiency and mitigate risks.
Ibrahim Othman Education Details
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Accounting And Business/Management
Frequently Asked Questions about Ibrahim Othman
What company does Ibrahim Othman work for?
Ibrahim Othman works for Altoukhi
What is Ibrahim Othman's role at the current company?
Ibrahim Othman's current role is Chief Accountant.
What schools did Ibrahim Othman attend?
Ibrahim Othman attended Zagazig University.
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