Khaled Soliman CMA

Chief Accountant at JAWATHA DEVELOPMENT HOLDING

• Saudi Arabia - Alahsa
• February 2023 to April 2023

Finance Manager at Asr Al-Jawhara

• Saudi Arabia - Arar
• June 2020 to January 2023

 Increased revenue 150% by deep analysis of customers’ needs after considering competition.
 Decreased cash cycle 50% by concentrating on supplier’s credit period, inventory turnover, and customers collections.
 Decreased cost of capital 4% by finding smart way of financing.
 Prevented business from expected loss after implemented financial analysis, forecasting, and modeling relate to economic pattern.
 Reduced the accounting cycle time by 60% using smart preventive and detective controls.
 Reported financial statements in monthly, quarterly, and annually using automation processes.
 Managed cash flow by using cash budget and prevented cash deficit.
 Filling-up periodic VAT and ZAKAT requirements and following-up with opened cases.

Chief Accountant at FAB Group

• Saudi Arabia - Jeddah
• July 2018 to May 2020

 Decreased the cost of direct material cost 6% while increased sales 20% by enabling target cost approach.
 Engaged in opening two new concepts and expand two branches.
 Prepared and recorded assets, liabilities, revenue, and expenses entries by compiling and analyzing accounts information.
 Verified, post, and reconciled accounts payables and receivables.
 Filled-up the periodic VAT and ZAKAT requirements after vouching the related documents.
 Summarized financial status by collecting information, preparing balance sheet, profit and loss, cash flow, and other statements for monthly closing and cost accounting reports.
 Recommended and developed computer software systems.
 Suggested ways to improve efficiency and spending.
 Involved in standard cost review, reported material variances.
 Fulfilled the annual external reporting according to IFRS.

Chief Accountant at Roti Café, Moon Café, Red Roster, Carlito

• Saudi Arabia - Riyadh
• May 2013 to June 2018

 Expanded thirty-nine new outlets by recommending the best use of resources, and cash managements.
 Prepared, presented, and discussed forecast, budgets, scenario analysis, financial modeling.
 Involved in internal and external efforts to prepare and analyzing long term projects using marginal analysis, Cost-volume-profit analysis, net present value, internal rate of return, payback period.
 Investigated any significant variances.
 Led negotiations with suppliers with regards to purchases/returns, prices, specifications, payment terms, and other key terms and conditions.
 Reported financial statements ratio analysis, vertical analysis, horizontal analysis.

Financial Accountant at United Grocers (Seoudi Group), EGYPT Hypermarkets/Retail

• Egypt - Cairo
• October 2011 to September 2012

 Rewarded from accounting manager for developing the accounting cycles using best practices.
 Recorded journal entries after matching and reviewing related documents.
 Coordinated with budget team to control activities.
 Collaborated with auditing services to ensure proper compliance with standards.
 Managed petty cash, disbursements, replenishment.