CFO Financial Controller (Saudi Regulatory)

AMMAR ALI

***********@*****.*** +966*********

Saudi Arabia Riyadh LinkedIn Profile

PROFESSIONAL SUMMARY

Senior Accountant & Financial Supervisor with over 11 years of extensive experience in financial management, corporate budgeting, and strategic financial analysis. Proven track record in optimizing financial performance and implementing robust internal controls. Adept at leading financial operations and providing insightful recommenda- tions to enhance organizational efficiency and profitability. Strong expertise in cash flow management, regulatory compliance, and team development. Committed to aligning financial strategies with organizational goals and driving transformative initiatives across corporate structures. WORK EXPERIENCE

Senior Accountant & Financial Supervisor

Etihad Jeddah Metal Products Factory Co. Riyadh, Saudi Arabia 2019-11-01 - Present

Direct comprehensive corporate budgeting and advanced forecasting models, aligning financial strategy with Organizational objectives and cost-control mandates. Oversee monthly financial performance reporting, translating complex variance data into strategic executive insights. Spearheaded an Oracle ERP modernization initiative, automating manual journal entries and increasing overall financial reporting efficiency. Manage $5M+ in active corporate cash flows, executing precise bank reconciliations with zero discrepancies. Ensure strict statutory compliance while streamlining external audit workflows.

• Reduced operational expenses by 10% through strategic insights.

• Increased financial reporting efficiency by 25% after ERP implementation.

• Achieved zero discrepancies in bank reconciliations for over $5M in cash flows.

• Streamlined external audit processes, enhancing compliance with ZATCA regulations. Financial Accountant

Machinery and Specialized Materials Co. Riyadh, Saudi Arabia 2015-10-01 – 30-09-2019

Manage end-to-end financial operations for high-value construction projects, supervising monthly progress extracts using the percentage-of-completion method. Optimize working capital and cash conversion cycles through rigorous internal controls. Strengthen inventory tracking and asset control frameworks, elevating tracking precision and Preventing annual losses. Collaborate with project teams to assess financial risks and implement performance metric evaluations.

• Increased cash conversion cycles by 20%, optimizing working capital.

• Reduced uncollected receivables by SAR 1.2M annually.

• Cut operational turnaround time by 25% in procurement processes. External Auditor

Chamber National Audit Khartoum, Sudan

2008-04-01 - 2009-06-01Presented actionable recommendations that improved governance structures.

• Conducted audits ensuring adherence to International Financial Reporting Standards.

• Presented actionable recommendations that improved governance structures. SKILLS

• Financial Management

• Corporate Budgeting & Forecasting

• Full-Cycle Accounting

• General Ledger (GL)

• Accounts Payable/Receivable (AP/AR)

• Month-End/Year-End Closings

• Asset Disposal Reconciliation

• Oracle ERP

• Advanced Excel (Financial Modelling)

• Team Supervisor

EDUCATION

Bachelor’s Degree

Open University of Sudan

Sudan 2010-04-22 - 2014-04-23

Completed a foundational undergraduate curriculum in financial studies, corporate accounting, and audit principles, equipping with essential skills for financial analysis and reporting. CERTIFICATIONS & MEMBERSHIPS

• Associate Membership, Saudi Organization for Chartered and Professional Accountants (SOCPA) No: 47613.

• Certificate in Accounting and Financial Statement Analysis.

• FP&A and Advanced Financial Modeling Certification

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