Mohamed Othman

Mohamed Othman Email and Phone Number

Chief Accountant @ Tecfire KSA | Financial Management Expert @ Tecfire KSA
Mohamed Othman's Location
Riyadh, Saudi Arabia, Saudi Arabia
About Mohamed Othman

With over 8 years of experience as a Chief Accountant, I am a seasoned professional in the field of accounting and finance, specializing in financial management, reporting, auditing, and compliance. I hold a Bachelor of Science in Accounting from Cairo University and I am currently pursuing the Financial Modeling and Valuation Analyst (FMVA) certification to enhance my skills and knowledge.As the Chief Accountant at Tecfire KSA, a leading fire protection company in Saudi Arabia, I oversee the accounting operations and manage the day-to-day financial activities of the company. I am responsible for preparing and presenting financial reports, analyzing and monitoring cash flow, ensuring compliance with financial regulations and corporate policies, exceeding budget goals, implementing cost-saving initiatives, and supervising a team of 6 accounting staff. I also leverage advanced financial software such as Oracle, Odoo, Zoho, and SMACC to streamline the accounting processes and improve the accuracy of financial data. I am passionate about delivering high-quality financial services and solutions that support the company's growth and objectives.

Mohamed Othman's Current Company Details
Tecfire KSA

Tecfire Ksa

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Chief Accountant @ Tecfire KSA | Financial Management Expert
Mohamed Othman Work Experience Details
  • Tecfire Ksa
    Chief Accountant
    Tecfire Ksa Jan 2022 - Present
    Riyadh, Saudi Arabia
    ● Manage and execute the annual budget of SAR 130 million, ensuring accurate financial planning and effective resource allocation.● Manage a team of 6 accounting professionals.● Manage indirect and direct cash flow and conduct accurate financial forecasting.● Prepare trial balances, balance sheets, and P&L statements in compliance with IFRS standards.● Prepare and file Corporate Income Tax (CIT) reports, ensuring compliance with Zakat, tax, and Income Authority regulations.● Managed VAT and Withholding VAT filings per ZATCAregulations and resolved VAT discrepancies.● Performed monthly reconciliations for bank, AR, AP, and generalledger accounts.● Oversee accounts payable, receivables, and credit management.● Lead end-to-end payroll processing, ensuring timely and accurate disbursement
  • Harbonek Cosmetic
    Chief Accountant
    Harbonek Cosmetic Dec 2017 - Sep 2021
    Cairo, Egypt
    Harbonek Solutions, Cairo, Egypt—Chief AccountantDec 2017 - Sep 2021● Led and supervised a team of 10 accounting professionals.● Successfully implemented new accounting software (DoubleClick ERP).● Improved accuracy of financial reporting and reduced the cost of accounts payable by 10%.● Completed annual audits in coordination with external auditors.● Developed and implemented financial policies, procedures, and internal controls tailored to the SaaS industry.● Ensured compliance with relevant accounting standards,including ASC 606 for revenue recognition.● Oversaw month-end and year-end close processes, including reconciliation of revenue streams and subscription billing.● Led the preparation of accurate and timely financial statements,including income statements, balance sheets, and cash flow statements● Collaborated with cross-functional teams to analyze keyfinancial metrics and provide insights for decision-making.
  • Otis Elevator Co.
    Assistant Chief Accountant
    Otis Elevator Co. Jan 2014 - Oct 2017
    Cairo, Egypt
    ● Reformulated the elevators import process which resulted in saving the company EGP 500,000 per elevator in import cost (still effective today)● Renegotiated a major customs issue with government officials,resulting in the release of millions worth of locked goods for Otis and other companies in Egypt● Managed the preparation and review of financial statements(income & balance sheets) in compliance with IFRS standards.● Performed financial (MIS) reporting and posted AR and APentries in ERP systems.● Executed monthly reconciliations for bank, AR, AP, and general ledger accounts.● Oversaw accounts payable, receivables, and credit management.● Established internal control procedures to safeguard company assets and ensure regulatory compliance.● Managed VAT and Withholding VAT filings per local taxregulations and resolved VAT discrepancies.● Collaborated with external auditors to ensure tax compliance.● Led and supervised a team of 4 junior accountants, mentoring and guiding them in their tasks.● Participated in budgeting and forecasting processes, ensuringaccurate financial planning and e ective resource allocation.● Handled internal audits and maintained robust internal controls to safeguard company assets.
  • Nilescan And Labs
    Chief Accountant
    Nilescan And Labs Jan 2013 - Dec 2013
    Cairo, Egypt
    - Managed a team of 4 senior accountants who managed the accounting teams of the entire chain- Reviewed financial reports and maintained records of assets, liabilities, P&L statements, general ledger accounts, payroll reports, banks reconciliation and other financial activities- Ensured that the regulatory requirements of all statutory bodies are met (e.g. Tax authority, Ministry of Industry, Trade and Small Industries)
  • Marmox
    Chief Accountant
    Marmox Jul 2009 - Dec 2012
    Cairo, Egypt
  • Marmox
    Senior Accountant
    Marmox Apr 2007 - Jun 2009
    Cairo, Egypt
  • Marmox
    Accountant
    Marmox May 2004 - Mar 2007
    Cairo, Egypt

Mohamed Othman Education Details

Frequently Asked Questions about Mohamed Othman

What company does Mohamed Othman work for?

Mohamed Othman works for Tecfire Ksa

What is Mohamed Othman's role at the current company?

Mohamed Othman's current role is Chief Accountant @ Tecfire KSA | Financial Management Expert.

What schools did Mohamed Othman attend?

Mohamed Othman attended Cairo University.

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