Sayed Ibrahim Email & Phone Number

Al-Riyadh Governorate, Saudi Arabia

• Overseeing the Financial Management at Group level with Annual Turnover of 150 Million Saudi Riyals, and leading a team of 30 officials in Accounting, Finance, Treasury and Supply Chain Management. Assisting to CFO in.
• Restructured entire financial department and decentralized accounting functions at Business Unit level.
• Implemented Cost Reduction Strategy and saved 1.5 Million in fixed cost per annum
• Reduced 52% cost in Supply Chain and Procurement Functions by applying centralized procurement and JIT Inventory System.
• Improved cash management by 15% with effective negotiation with the suppliers and ensured Rebate on supplies.
• Assisted CFO to establish Growth Drivers and Growth Indicators

• Masterly Managed Financial Department with Annual Turnover of 48 Million Saudi Riyals and Headed the Supply Chain and Logistic departments as additional Portfolio. Credits on My Profile:
• Established Finance department and build finance team
• Established Procurement function and refined supply chain mechanism
• Prepared 5 years Business Plan with 22% CAGR
• Enhanced Cash Flow from 18% to 35%
• Decreased Accounts Receivables from 120 days to 45 days

Saudi Arabia

• Managed Financial Management function and supervised a team of 5 Accountants at large scale super fine dining Italian Brand restaurant named “Turtufo” Winning Player for:
• Developed Financial and Administrative Policies and Procedures
• Set up Benchmarks for the operational results as per standards defined by International Association of Restaurant Operators.
• Implemented cost cutting strategy in prime cost and reduced cost of sales from 35% to 28%
• Eliminated functional overlapping and reduced direct labor cost by 11%
• Implemented new ERP System Microtech and aligned with the POS, warehouse and General Ledger

Jaddah

coordinate the preparation of tax return and year-end review with outside accountants.- Assist in the compilation of information for the Company’s annual tax returns- Supervise and review monthly closing process including foreign offices- Ensure an accurate and timely monthly, quarterly and year end close- Quarterly balance sheet and P & L Fluctuation.

- Full Cycle Bookkeeping- Manage all aspects of A/R, A/P and Billing- Post journal entries- prepare all adjusting Entries- Assist with Monthly and quarterly and annual tax filings with assistance External Tax Office- Review Monthly payroll with HR Dept.- Assist with preparation of month-end financial statements.- Assist with other projects as needed..

Cma, Accounting And Finance

Education record

Education record