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Mohamed Ahmed Aboul Yazid
Mobile : 00966-504685156
Executive Strategist and Change Agent. Highly financially, managerially experienced and
innovative professional equipped with 28 years of diversified hands-on various accounting and
financial activities. Competent in Cash Management, Strategic planning, Contracting,
Negotiation, Feasibility Studies, Investment appraisal, and Management change. Have Analytical
and Problem Solving skills, Advanced Interpersonal communication Skills, Confident, Self-
Motivated, and Result Oriented. This is accompanied by Academic and Professional recognition
both nationally and internationally.
Building a profitable and cash-rich brand/category as per current internal & external
Cash Management through improving terms of collections and disbursements and
appropriate Management of Working Capital to optimize utilization of company's
current assets and liabilities and lower financial costs.
“Cost Management Control” through planning and institution of sound “Internal Control
System” to ensure safeguarding of the company’s assets and efficient use of existing
Budgeting planning and execution for short, medium, and long term.
Strong Communication with Banks.
Developing/Revising Financial and Accounting Policies and Procedures.
Authority Matrix and Segregation of Duties.
Financial Data & Reporting through presenting Periodic Accurate & Reliable Financial
Statements and Reports for internal and external use on timely basis.
Investment Decisions making, i.e., Green Field, Separation, Merger, Acquisition, and
Discontinuity of segments.
Keep up with the changes in the local market in respect of Capital Market Authority
(CMA), new Accounting and Financial Reporting Standards, and Financial Legislation.
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Areas of Expertise
Bank Facilities Management
Budgeting & Cash flow plans.
Negotiation & Challenges Resolving.
Marketing & Sales Strategies
Cost Control & Cost saving plans.
Financial Analysis & Finance Solutions.
Balance sheet & Final Accounts.
ERP Project Planning & Implementation
Staff Training programs.
Written & Verbal Communication.
Policies Design & Implementation.
Advised and supervised implementation of
control in deals Cost Procedures that resulted
in product cost reduction. This contributed, to
great extent, in removal of the threat of
business continuity capability and turn around
away from incurring losses.
Pioneered the project of ERP computerization
process from selecting the system provider
through implementation and up to reaching
live running for a manufacturing company.
Creating an automated credit control systems
for fast moving items and linked with
forecasted cash flow along with bank facilities.
Conducted a complete and
comprehensive restructuring of the
Internal Control, Work Flow, Policies
and Procedures in of the companies I
worked for which enabled the
company to achieve a higher growth
rate and better market share.
Enhanced the Working Capital
Management of one of the companies
I worked for that resulted in cash flow
improvement and Reduction of Cost
of finance by 35%.
Advised top management of
Successful Investment Decision that
contributed in increasing the
company's turnover and more than
30% net profit of the investment value
to the company's profit.
2014 – Present Finance Manager
National Trade Company (NTC)
Jeddah – KSA
NTC is a trading company and considered one of the leader companies that introduce Chinese Buses,
Trucks in KSA market since 2004. NTC currently acquires more than 70% of KSA market share of the
Chinese Buses and 20% of panel /passenger vans.
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Provide sound advice on the company financial present and expected future status.
Determine, implement and monitor the acceptable method of accounting treatment as
per the international and local standard.
Develop and improve the organization finance policies, procedures and process.
Prepare the annual operation/capital budget and related forecasting reports (prospective
Cash flow & P&L).
Assist senior management in preparation of business planes and forecasts by providing
needed financial information and analysis.
Handling all relations with banks and financial institution in order to grant credit line
based on company needs and forecasting cash flow.
Design and maintain a managerial and financial reporting system present to management
on monthly basis the following reports :-
Budget comparison reports (variation and clarification).
Profit & loss report (on comparison basis )
Bank Facilities status report.
A/R reports along with over dues and recommendations.
Trail balance and required adjustment.
Preparing the quarter financial statement (interim) and yearly financial statement &
handling the relation with the external. Auditors.
Preparing all the financial reports requested from banks also clarifying any questions
raised by them.
Costing and pricing the products along with the marketing team.
Participating in ERP project planning & implementation.
Supervise and control overall activities of finance department staff to achieve the
maximum staff efficiency and productivity.
Improved and enhanced financial results by decreasing the required STL by 85%, operation expenses by
45% and increasing sales by 65%.
2008 – 2014 Finance Manager
Pharmaceutical Solutions Industry
Jeddah – KSA
Pharmaceutical Solutions Industry is joint venture with Fresenius Kabi, Germany, Leading IV
Solution Manufacturer in KSA and GCC.
Create a strong business relationship with the senior level sales executive of the firm to
identify and pursue the scopes for business development. Ensure that the desired
strategy is successfully accomplished by managing and supporting the sales team.
Preparing Company Budget as per company strategy.
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Mentoring and controlling Budget utilization .Preparing utilization analysis report
Following up the cost and profit centers.
Preparing P&L for separate sectors.
Preparing Sales, Collection, P&L, Analysis reports.
Designing and calculating annual incentive scheme as per company strategy.
Costing and pricing the new products along with marketing team.
Follow up the Sales and Collection with Sales team.
Follow up the A/R and guide the sales team for required actions.
Issuing the Analysis Report for Collection, Sales and A/R report.
Participated in forming a new strategy of introducing new profitable products and arranged the finanacial
resources that are required for implementation.
Developed the management reporting and retail key performance indicators.
2002 – 2008 Treasury & Credit Manager
Pharmaceutical Solutions Industry
Jeddah – KSA
Responsible for building a profitable and cash-rich brand/category mix through working,
with Sales team, with our Distributors and Customers
Creating the Annual forecasting cash flow, and managing daily treasury operations
Ensuring timely funds availability to and supplier payments, business financing &
Reviewing bank annual credit facilities agreements / advise amendments / arrange
Making the proper hedging currency through banks.
Controlling utilization of bank credit facility.
Making the feasibility studies for new productive fixed assets.
Evaluating the cost of alternative and sunk cost for the products (Overstock …etc).
Assuming overall responsibility for improving the company cash position through sales
collections and optimization of the PSI Working Capital elements.
Creating a credit policy & designing a supporting document and follow-up
Creating and monitoring all credit terms for customers regularly.
Creating a collection policy and monitoring implementations.
Issuing the credit and collection reports.
Reviewing Balance Sheet & Income Statement.
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Established a credit department including all credit aspects, credit limits and credit period.
Controlled and monitored credit system, decreased the provisions of bad depts. and decreased financial
expenses by hedging.
1992 – 2002 Credit Advisor / Controller
Zahid Tractor & H.M. Co. Ltd.
Jeddah – KSA
Zahid have many agencies of automobiles and heavy equipment all over Saudi Arabia. They
are Caterpillar Heavy equipment, Volvo, Renault, Sang Young, and Ingersoll Rand.
Evaluating and approving credit facility for new customer
Control of collection, aging and prepare monthly closing
Ensure financial records between the branches and H.O. are updated and reconciled.
Prepare & follow up Budget Statements.
Planning and forecasting cash flow.
Designing and developing various management reports as required.
Establishing Credit extension Policies including classes and limit of risk to an acceptable
level, guidelines for documentation.
Credit approval and its level in general and in specifics. The follow-up and periodical
Periodical study of the accounts receivable, account by account and the determination of
collectibles of each and write off of bad debts as approved and authorized. Also
settlement of customer disputes and legal action.
Recommending finance to credit committee.
Meeting and visiting customer (fleet deals) at all outlet Conflating cost of insurance.
Automated all credit deals.
1989 – 1992 Banker Level (A)
Misr International Bank (MI Bank)
Cairo – Egypt
Full responsibility of separate units dealing with customer affairs
Auditing of all the transactions with other banks
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Customer coordinator for establishing new account.
Analyzing financial statement of borrowers.
Review and verify credit investigations.
Analyze financial statement & cash flow situations.
Negotiate payment programs.
Review credit limits and accounts
Private Equity (Bahrain Institute of Banks)
Valuation Equity (Bahrain Institute of Banks)
LBO ( Leverage buy out) (Bahrain Institute of Banks)
Create Communication & Impact Code By Nigel Risner
Performance Management System
Credit & Receivable Management, IIR
Credit Assessment & Receivable Management, IIR
Project Appraisal (Bahrain Institute of Banks)
Financial Analysis of financial statement (Institute of Banking, Riyadh,
Austria Lender Bank (Austria 1991) (Credit & Treasury)
Attended various professional courses with Ernst & Young (Accounting, Auditing,
Corporate & Business Law) (CPA Courses)
Credit Account Auditing
Customer Account Audit
Credit Account Auditing
Introduction of ISO 9000
Supervisor’s skills for success
Business Administration, British Council , MBA (Jeddah, November 1997)
Proficient in MS Excel
Proficient in SAP Finance and Sales Module
Proficient in JD Edwards Finance Module
1983 – 1987 : Cairo University - Cairo - Egypt
: Bachelor degree of Commerce
: Cairo - Egypt
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Arabic : Native
English : Fluent
Date of birth : 1967
Nationality : Egyptian
Marital Status : Married
Dependents : 4
Iqama status : Transferable