محمد محفوظ

Kingdom of Saudi Arabia - eastern region Al-Hussein and Al-Afaliq Group of Companies is one of the leading economic groups in the Kingdom of Saudi Arabia established in 1976. It is located the eastern region particularly in Al Hasa where the group introduced
a leading manufacturing company. To maintain in the market, the company has endeavored challenges and strategies including employing experts and hardworking employees.
It became competitive that led to explore the Kingdom extending up to the gulf region and by promoting positive approaches it was able to respond and satisfy market demand.
As a manifestation, it became a conglomerate, broadening and strengthening ties to the entire Kingdom, and building a good name to neighboring gulf regions and other countries. As a demonstration of commitment, AH Group has extended its activities to vital economic sectors of the Kingdom and GCC countries. For more than 3 decades of existence, it gained good name. The vision and commitment that the company has, become a driving force to reach the pinnacle of excellence.
From February 2015 - Present

Group Financial Manager (Subsidiaries financial manager )

• Al-Hasa Automatic Bakery ( FUCHSIA)
Owner of the famous Brand FUCHSIA in Saudi Arabia, has made headlines in the Kingdom’s Food and Bakery sector by earning prestigious certifications of ISO 9001:2000 & ISO 22000: 2005, HACCP and SQF. These certifications bear testimony to the quality of bakery and confectionery products produced by Al-Hasa Bakery/ FUCHSIA, a household name in Saudi Arabia and other Gulf countries.

• Al-Hasa Cold Storage Company
was established in 1979 as the First of its kind in Al Hasa. The company boasts 2000 metric tons of Cold Storage space and a fleet of refrigerated vehicles. Today importers of perishable commodities face rigorous challenges.

• AL - Mujama shopping mall Company
Was established in 1981 with a wide range of commercial stores, restaurants, recreational halls, and a supermarket.

• AH Plastic Products Co.
AH Plastic Products Co. Since 1982, at AH Plastic Products Co., we have concentrated and focused our efforts on delivering and manufacturing superior packaging solutions- High, medium & low density Polyethylene, Polyprophylene, Metalaucene, Laminated films including metalize films in both roll and bag form products, whilst servicing an ever-growing client base throughout the Kingdom of Saudi Arabia. Our sole aim, and driving passion, is to create and deliver innovative products and provide service that meet the highest quality standards in the most cost-effective, direct and timely manner possible.

• Prepare and consolidate group financial statements (monthly,
quarterly, and annual) in compliance with accounting standards
(IFRS/GAAP).
• Ensure timely and accurate financial reporting to senior management,
board members, and external stakeholders.
• Coordinate with external auditors for group audits and ensure
compliance with tax, legal, and regulatory requirements.
• Lead the annual budgeting process and periodic forecasting for the
group and subsidiaries.
• Monitor financial performance against budgets, analyze variances, and
provide actionable insights.
• Develop financial models to support business planning and investment
decisions.
• Oversee group cash flow, liquidity, and working capital management.
• Manage relationships with banks, investors, and financial institutions.
• Optimize financing strategies and ensure cost-effective capital
structure.
• Implement and monitor robust internal controls across the group.
• Identify and drive process improvements to enhance financial
efficiency and accuracy.
• Ensure ERP and financial systems are optimized for reporting and
analysis.
• Provide financial insights to support mergers, acquisitions, and
business expansion.
• Advise senior management on financial risks, opportunities, and cost
optimization.
• Collaborate with cross-functional teams to align financial strategy with
business goals.
• Manage and mentor the finance team across the group, fostering a
high-performance culture.
• Ensure continuous professional development and training for finance
staff.

1.Participate in the development of commercial deal structuring and deal negotiation.
2.Identify, measure, and manage financial risks for the Company.
3.Audit other accounting functions, allocation of expenditures including but not limited to G&A expenses, accounting entries, operational expenses, capital expenditures, establishment expenses & investment related expenses.
4.Identify gaps in accounting functions and recommend processes and measures to eliminate them
5.Work with other managers within the Company to define and implement business reports.
6.Direct the preparation of financial reports, including income statements, balance sheets, cash flows, reports to shareholders, tax returns, and reports for regulatory agencies.
7.Participate in the preparation and presentation of the quarterly board reports and presentations.
8.Provide weekly reports to management on the status of receivables, payables, collection, cash flow and other KPIs related to the financial position of the company.
9.Audit financial statements consolidation among the different company offices and subsidiaries on monthly basis
10.Participate in the creation of the annual corporate budget and report on its usage on monthly and quarterly basis.
11.Undertake any additional activity as may be instructed by the Chief Executive, including but not limited to negotiating contracts, initiating proposals, monitoring work of consultants, and closing deals as necessary
12.Budgetary allocations, and fixed asset purchases, tagging, movement, and sales.
13.Generate monthly, quarterly and annual reports to present to management and recommend improvements to ensure the smooth functioning of the organization
14.Recommend and report on cost control measures once implemented.
15.Ensure appropriate internal accounting audit and control measures are installed within the Company and all its subsidiaries.
16.Conduct regular liquidity, activity, profitability and safety analyses of Financial Statements

• Equinox International is a leading provider of infrastructure technology
solutions and services in the Middle East and Africa (MEA) region with a
complete portfolio of solutions to meet the mission critical objectives
of enterprises and service providers. Equinox International Equinox Middle East Equinox Africa Nigeria. Equinox International
customer service to its 150 plus clients throughout the region.
Group Finance and Operation Director:
A. Financial Leadership:
• Lead group financial planning, budgeting, forecasting, and reporting
(IFRS/GAAP).
• Ensure accurate consolidated financial statements and compliance
with regulations.
• Manage treasury, cash flow, working capital, and financing strategies.
• Oversee tax planning, risk management, and audit processes.
• Drive cost optimization, profitability analysis, and investment decisions.
B. Operational Management:
• Optimize supply chain, procurement, logistics, and production
efficiency.
• Implement process improvements to enhance productivity and reduce
costs.
• Monitor KPIs across business units and ensure operational targets are
met.
• Lead digital transformation (ERP, automation, data analytics) for
operational excellence.
C. Strategic Leadership:
• Partner with the CEO/Board on M&A, expansion, and business
restructuring.
• Develop long-term financial and operational strategies aligned with
growth.
• Evaluate new business opportunities, partnerships, and market trends.
D. Team & Stakeholder Management:
• Lead finance, accounting, and operations teams across the group.
• Collaborate with executives, investors, banks, and regulatory bodies.
• Foster a high-performance culture with mentorship and talent
development.

Planning and development
 Take responsibility for overall management and delivery of the
business plan.
 In conjunction with the governing body, draft, monitor and assess
The business and development plan
 Assess options for co-ordinating the activities, procedures and
Systems so as to promote common policies and practices.
 Manage the development of the service to ensure that the promotion
of equality of opportunity and challenging discrimination are central
to strategic development, management and its services to clients.
 Arrange and attend meetings of the governing body.
 Advise the governing body on financial, managerial, staffing and service
Financial management
 Maintain day-to-day financial control of the service within budget
Heads agreed by the trustee board.
 Ensure that all finances are properly administered and monitored,
including credit control.
 Support the Honorary Treasurer in the provision of information for
the estimates.
 Advise on the proper allocation of resources.
 Ensure that appropriate financial regulations and controls are in
place and in use at all times.
 Prepare and review detailed budgets for approval by the governing
body in conjunction with the Honorary Treasurer and/or appropriate
Sub-Committee.
 Make regular reports to the governing body on income, expenditure
and any variations from budgets.
 Ensure that all financial reporting obligations are met in relation to
submissions for funding, for grant aid, for contracts and any other initiatives.
 Act as cheque signatory for and authorize expenditure up to limits as agreed by the governing body.
 Ensure, delegating as appropriate, that each service location is
adequately managed, staffed and resourced.
 Overview of Policies and Procedures, Employment, Volunteer and Internship Agreements.
 Identify and implement plans for own training and development
needs.

Key
A. Financial Reporting & Compliance:
• Prepare monthly, quarterly, and annual financial statements IFRS, GAAP.
• Ensure timely and accurate financial reporting to management and
stakeholders.
• Coordinate audits, tax filings, and regulatory compliance.
B. Budgeting & Forecasting:
• Lead annual budgeting and periodic forecasting processes.
• Monitor actual vs. budget performance and analyze variances.
• Provide financial insights for cost control and profitability
improvement.
C. Cash Flow & Treasury Management:
• Manage cash flow, liquidity, and working capital.
• Optimize banking relationships and financing strategies.
• Ensure effective debt and investment management.
D. Financial Controls & Process Improvement:
• Strengthen internal controls to prevent fraud and errors.
• Implement ERP accounting system improvements for efficiency.
• Automate financial processes where possible.
E. Strategic Support:
• Assist in financial modeling for business decisions (M&A, expansion).
• Advise management on risk management and cost-saving
opportunities.

Planning and development
 Take responsibility for overall management and delivery of the
business plan.
 In conjunction with the governing body, draft, monitor and assess
The business and development plan
 Assess options for co-ordinating the activities, procedures and
Systems so as to promote common policies and practices.
 Manage the development of the service to ensure that the promotion
of equality of opportunity and challenging discrimination are central
to strategic development, management and its services to clients.
 Arrange and attend meetings of the governing body.
 Advise the governing body on financial, managerial, staffing and service
Financial management
 Maintain day-to-day financial control of the service within budget
Heads agreed by the trustee board.
 Ensure that all finances are properly administered and monitored,
including credit control.
 Support the Honorary Treasurer in the provision of information for
the estimates.
 Advise on the proper allocation of resources.
 Ensure that appropriate financial regulations and controls are in
place and in use at all times.
 Prepare and review detailed budgets for approval by the governing
body in conjunction with the Honorary Treasurer and/or appropriate
Sub-Committee.
 Make regular reports to the governing body on income, expenditure
and any variations from budgets.
 Ensure that all financial reporting obligations are met in relation to
submissions for funding, for grant aid, for contracts and any other
initiatives.
 Act as cheque signatory for and authorize expenditure up to limits as
agreed by the governing body.
 Ensure, delegating as appropriate, that each service location is
adequately managed, staffed and resourced.
 Overview of Policies and Procedures, Employment, Volunteer and
Internship Agreements.
 Identify and implement plans for own training and development
needs.

• Established the first personal computer assembly facility in Egypt in
collaboration with the Ministry of Telecommunication, located in the
Naser City Free Zone.
Key Responsibilities:
A. Financial Reporting & Compliance:
• Oversee monthly/quarterly/year-end close processes.
• Prepare and review financial statements GAAP, IFRS compliance.
• Ensure adherence to tax regulations and coordinate audits.
B. Team & Process Management:
• Supervise accounting team AP, AR, GL, payroll.
• Streamline accounting processes for efficiency and accuracy.
• Implement and maintain ERP, accounting software
C. Internal Controls & Audit:
• Maintain and enforce internal controls to safeguard assets.
• Serve as primary contact for external auditors.
• Resolve accounting discrepancies and ensure compliance.
D. Technical Accounting & Policies:
• Research and apply new accounting standards (e.g., revenue
recognition, leases).
• Develop and update accounting policies/procedures.
E. Cross-Functional Collaboration:
• Work with finance, tax, and operations teams on reporting and
compliance.
• Support budgeting, forecasting, and financial analysis as needed.

1-Managing accounting functions and preparation of reports and statistics detailing financial results. Establishing and maintaining accounting practices to ensure accurate and reliable data necessary for business operations.
2.Managing Oversees accounts payable recordkeeping.
3.Supervising recording of amounts due, verification of invoices, and calculation of discounts. Ensures expense coding, voucher preparation, and check issuance are accomplished accurately and timely.
4.Producing various reports for management including accounts payable register
5.Managing Oversees accounts receivable recordkeeping.
6.Ensuring cash receipts, claims, or unpaid invoices are accounted for properly.
7.Supervising Calculating and enters charges for interest, refunds, or related items.
8.Managing Producing account statements or other related reports.
9.Coordinating scheduling, activities and reports with other departments.
10.Responsible for HPM reporting
11.Responsible of implementing and operating great planes.

1.Establishing and maintaining operating procedures
2.Establishing, interpreting and analyzing complex accounting records of financial statements.
3.Examining, analyzing and interpreting accounting records for management
4.Preparing and maintaining accounting records which may include general accounting, costing, or budget data.
5.Examining, analyzing and interpreting accounting records for the purpose of giving advice or preparing statements
6.Oversee accounts payable recordkeeping.
7.Supervising recording of amounts due, verification of invoices, and calculation of discounts.
8. Ensuring expense coding, voucher preparation, and check issuance are accomplished accurately and timely.
9.Producing various reports for management including accounts payable register.
10.Oversee accounts receivable recordkeeping.
11.Ensuring cash receipts, claims, or unpaid invoices are accounted for properly.
12.Calculating and enters charges for interest, refunds, or related items.
13.Producing account statements or other related reports.
14.Responsible for implementing and operating Epicor platinum ERA