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 setting business strategy, Growth Drivers and Growth Indicators. Success Story:• 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• Established error free mechanism to allocate the central management expenses.• Restructured Accounting functions at transactional level to ensure the transparency and accuracy for strategic decision making. • Prepared Business Plans and Financial Feasibilities for our new upcoming restaurants in Jeddah and Riyadh Regions named Snack Street (QSR), Burger & Lobster (QSR English Brand), Smak Daily (QSR), Dimsum (Chinese Cuisine), Burger & Wings (QSR), Zaika (Indian Cuisine), Gibiano (Italian Cuisine) & Bai Bakery (Confectionary Chain) with total investment of 120 Million Saudi Riyals.• Established a new trading company M/s Saudi Food Supplies under the umbrella of KAKI Group.

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• Improved cash collection from 23% to 48%• Improved credit limit with suppliers in both time and credit line. • Refined and prepared product pricing for retail and corporate clients • Designed and implemented operational policies and procedures • Conducted staff training in Budget preparation and monitoring

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• Introduced periodic financial analytics for higher management dash board • Enhanced credit line with supplier from 45 days to 80 days and managed cash constraints.

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 Analysis- Monthly expense variance analysis- Supervise the A /P & A/ R& GL Accountants.- Prepare monthly financial package.- Prepares the monthly accrue list for financial preparation.-Review and sign the payroll.

- 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.- Prepare all Monthly accrues and Prepaid- Manage Fixed Assets- Balance sheet accounts reconciliations- Assist with other projects as needed.- Participation in trade fairs procedures for members with the IMC. - Representation Chamber at International fairs.

Cma, Accounting And Finance

Education record

Education record