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Elsayed Azzab, Finance Manager

Elsayed Azzab

Finance Manager·Lighting Experts Middle East DWC-LLC

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 18 years, 6 months

Finance Manager

January 2020 - Present

Lighting Experts Middle East DWC-LLC

Riyadh, Saudi Arabia

January 2020 - Present

Lead and supervise dynamic accounting functions ensuring accurate financial recording and reporting.
Manage day-to-day operations and monthly closing processes for timely availability of information. Review balance sheet accounts and resolve discrepancies per company policy.
Oversee cash flow, credit, and working capital management for operational needs and strategic initiatives.
Coordinate internal and external audits, addressing audit findings effectively.
Prepare financial statements, reports, and presentations for management and stakeholders. Drive budgeting and forecasting processes with accurate financial projections.
Develop financial strategies aligned with organizational objectives and conduct thorough financial analysis.
Ensure compliance with GAZAT, ETA, and FTA UAE tax regulations. Advise senior management on financial matters.
Oversee supply chain activities to facilitate procurement, logistics, and dispatching. Manage cost activities, identify cost-saving opportunities, and analyze cost elements.
Handle treasury and banking management, including contact with banks and managing company facilities.
Prepare and present facilities reports.
Consolidate financial statements for comprehensive financial analysis.

Company industry:
Retail & Wholesale
Job role:
Finance and Investment

Head of Accounting & Administration

March 2014 - December 2019

Lighting Experts Middle East DWC-LLC

Riyadh, Saudi Arabia

March 2014 - December 2019

Forecasted cash flow positions and prepared financial statements and reports. Analyzed and managed accounting and financial reports.
Implemented strategies, policies, and systems to achieve company goals. Monitored budgetary parameters and ensured fiscal control.
Managed general accounting, financial statements, and reports preparation. Assisted in budget preparation and review.
Involved in bank and cash management, sales and purchase reconciliations, and fixed assets management.
Managed monthly payroll transactions.
Participated in ERP implementation as Project Manager.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Chief Accountant

January 2012 - February 2014

London Business Group

Riyadh, Saudi Arabia

January 2012 - February 2014

Prepared financial and budget execution reports.
Maintained accurate financial records and ensured up-to-date transaction summaries. Supervised daily accounting operations.
Advised on financial management system improvements and internal controls. Managed staff salaries and oversaw finalization of accounts and audits.
Coordinated inventory management and ensured collection targets were met. Involved in project budget preparation and cost control.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Senior Accountant

October 2010 - December 2011

London Business Group

Riyadh, Saudi Arabia

October 2010 - December 2011

Managed general ledger accounts reconciliation and vital adjustments.
Analyzed financial statements and prepared management reports.
Developed and analyzed budgets and prepared profit and loss statements.
Assisted with annual budget consolidation and audit coordination.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Senior Accountant

June 2008 - June 2010

Modern Electronic Est

Alqasim, Saudi Arabia

June 2008 - June 2010

Administered daily accounting functions and general ledger reconciliations.
Analyzed financial statements and reported variances.
Developed and maintained budgets and prepared periodic reports.
Assisted with annual budget preparation and audit coordination.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Accounts Payable Accountant

October 2007 - June 2008

Ziad Pharma Co

Zagazig, Egypt

October 2007 - June 2008

Reviewed and verified invoices, matched them for payment processing.
Managed expense reports, electronic transfers, and account reconciliations.
Assisted with month-end closing and provided audit documentation.

Company industry:
Medical & Healthcare Equipment
Job role:
Accounting and Auditing

Education

Zagazig university

May 2007

May 2007

Bachelor's degree, Accounting

Egypt

GPA (rating): Good

GPA (rating): Good

4 years

Skills

Tax Compliance (GAZAT, ETA, FTA UAE)

Expert

Team Leadership

Expert

Risk Management

Expert

Performance Analysis

Expert

Process Improvement

Expert

Financial Modeling

Expert

Investment Analysis

Expert

Internal Controls

Expert

Treasury & Banking Management

Expert

Consolidating Financial Statements

Expert

Budgeting & Forecasting

Expert

Strategic Planning

Expert

Financial Analysis & Reporting

Expert

Compliance & Audit Coordination

Expert

ERP Implementation

Expert

Cash Flow Management

Expert

Cost Management

Expert

Languages

Arabic

Native Speaker

English

Expert

Training and Certifications

Certifications
Financial modelling and valuation analyst (FMVA)
Feb 2023