Mahmoud Z. Email & Phone Number

Riyadh, Sa

Riyadh, Saudi Arabia

- Coordinated with Commercial Team and PD for financial management of external projects, assessing and reporting monthly revenue/expenditure forecast by project/opportunity for each business unit.- Prepared short-term cash flow forecasts, monitored budgets for variances, and prepared quarterly/yearly accruals.- Ensured accuracy of payment certificates processed, maintained WIP and AUC tracking sheets, initiated invoice workflow, and updated relevant tracking sheets.- Verified contracts and POs are approved by authorized personnel and invoices/contracts are coded according to the chart of accounts.- Mapped WBS for CAPEX and OPEX to charts of accounts for easier financial reporting and oversaw capitalization of assets and initiation of depreciation processes.- Monitored capital project spending and provided monthly spending reports against budget for variance analysis.- Coordinated with internal and external auditors for timely audit processes and strengthened internal control systems by implementing policies and procedures for accurate financial reporting and compliance.- Implemented risk mitigation strategies to manage potential financial risks and drove cost control and reduction initiatives by monitoring project expenses and optimizing resource allocation.- Managed the financial pre-qualification of vendors and contractors and oversaw the AP Cycle by building a team of +20 Saudi accountants.- Participated in the implementation of ERP system (SAP) & Aconex and PMIS.- Analyzed changes in project margins and reconciled WIP, general ledgers, and trial balances for reports.- Prepared financial reports and statements for management and stakeholders, ensured internal controls and compliance with IFRS/company policy, and monitored spending for projects and real estate development.- Improved financial processes, supported strategic decisions with financial insights and analysis, and developed/implemented policies to improve finance operations and minimize risk.

Al-Riyadh Governorate, Saudi Arabia

• Coordinated with Commercial Team and Project Leaders to assess monthly revenue forecast for each business unit, including preparation of short-term cash flow forecasts and formulation of budgets for variances & preparation of monthly/yearly accruals.• Prepared Subcontract & Procurement RFQ’s.• Collaborated with Commercial and Technical Teams.• Controlled plans, budgets, Actual vs. Estimated Cost and Project Accounts, Payable & Receivable and Inventory accounts, Fixed Assets, and Depreciation.• Monitored capital project spending.• Maintained billing folders.• Tendering & Bidding, Initial, Prepayment & Performance Bonds, Cash Flows, Budget Cost and Bank Facilities. • Data Analysis and Financial Reporting.• Analysed and reported changes to margins and forecasts.• Detailed analysis of WIP balance • Generated and distributed bi-monthly receivables reports and profitability reports.• Collaborated with the Finance and Commercial Managers.• Conducted monthly analysis of P&L accounts and prepared balance sheet account reconcilements. • Financial Processes and Budgets. • Customer Liaison. • Payment Maximisation.

Saudi Arabia

Egypt

Financial ServicesRelationship Management Payable & Receivable Accounting Management Fund Sourcing & Management Inventory Accounting Project Management Project Accounts Analysis and Reconciliation Financial Reporting Commercially Astute Customer Focussed Executive Communication Budgeting & ForecastTeam Management Multi-level Collaboration