Mahmoud Mohamed

Beyout Investment Holding Co.
(EPC, Construction, Oil&Gas, Facility Management, trading)

Chief Accountant - Analyst (Dec 2021 - Present)

• Led a team of 9 to complete month-end closings within 4 days consistently.
• Developed automated financial models, reducing reporting time by 30%.
• Conduct monthly business review meeting with operation team and quarterly with CEO.
• Monitor and optimize current assets and liability.
• Conduct project cost analysis to improve profitability.
• Periodically analyze AR, AP and inventory to ensure liquidity.
• Managed and performed annual and interim audits, producing 2 consolidated and 4 stand-alone financials in compliance with accounting standard and auditors’ requirements.


• Supervised intercompany reconciliation and monthly journal entries, ensuring 100% accuracy.
• Designed cash flow projections and financial analysis packages, contributing to cost savings.
• Built dynamic management reports for projects and business plans by linking with ERP systems and financial databases.
• Reviewed daily general ledger activities, ensuring timely corrective actions and accurate reporting.

Americana Group (Kuwait Foods Co.)
(EPC, Construction, Oil and Gas, Facility Management, trading)

Finance Section Head (Dec 2019 - Dec 2021)
• Implemented ERP integration for trade expenditure and automated reporting tools.
• Provided accurate financial analysis and reporting to CFO/FM, including income statements and cash flow projections.
• Maintain budget preparing process and built dynamic budget model for group consolidated budget
• Managed audits and completed interim and annual financial reviews for group consolidation.
• Monitored and authorized client credit limits, contributing to better cash flow management.
• Supervised intercompany reconciliation and monthly journal entries, ensuring 100% accuracy. KSA, UAE, and Qatar
• Built dynamic reports for monthly sales commissions allowances.

Gulf Group Holding Co.
(Construction, Oil Gas, trading, educational services)

Corporate Financial Analyst (Jan 2017 - Dec 2019)
• Developed financial model for consolidated budget. For 12 different business units.
• Budget monitoring and ensuring efficient allocation of resources and maintain variance analysis.
• Analyze spending patterns and recommend cost-saving measures.
• Prepared consolidate dynamic model for cash flow forecasts, compared with actuals in monthly base, optimizing liquidity across various sectors.
• Manage annual financial closing and coordinating with external auditors for successful audit completions.
• Conducted feasibility studies and business valuations, supporting senior management decisions.
• Conduct project cost analysis to improve profitability.
• Conduct monthly business review meeting with operation team and quarterly with CEO.
• Monitor and optimize current assets and liability.
• Periodically analyze AR, AP and inventory to ensure liquidity.
• Analyze bank balances, credit facilities, and payment schedules.
• Ensure the efficient use of credit lines and working capital facilities.

Gulf Group Holding Co.
(Construction, Oil Gas, trading, educational services)

Senior GL Accountant (Jun 2012 - Jan 2017)
• Played a key role in Oracle Fusion ERP implementation, streamlining financial operations.
• Verified and reconciled intercompany accounts, ensuring accurate trial balance reporting.
• Prepared monthly and annual financial statements, including P&L, cash flow, and budgeting reports.
• Managed fixed asset registers and executed depreciation processes in line with IFRS standards.
• Verify, allocate, post, and reconcile accounts payable and receivable.
• Spot posting errors and provide the best solutions.
• Prepare and post monthly provisions journal entry, in additional to provision related to accounting standard IFRS 19 and IFRS 16