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Omar Abusadah, Finance Manager

Omar Abusadah

Finance Manager·oil and gas manufacturing company

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 16 years, 4 months

Finance Manager

January 2026 - Present

oil and gas manufacturing company

Jeddah, Saudi Arabia

January 2026 - Present

Led the financial operations for a mid-sized international company, ensuring accuracy in
budgeting, forecasting, and reporting across all departments.
Streamlined the monthly close process, cutting it down from ten days to five, significantly
improving the timeliness and accuracy of financial reporting, which informed better
decision-making.
Applied an innovative cash flow management system, discovering and rectifying cash
shortfalls, leading to a 30% increase in available liquidity within six months.
Initiated a cost reduction strategy that analyzed vendor contracts, negotiating better rates,
which accomplished annual savings of $150, 000, directly contributing to the bottom line.
increasing budget accuracy by 60%, thus assisting management in making informed
decisions with reliable data.

Company industry:
Oil & Gas
Job role:
Accounting and Auditing

Financial Controller

January 2021 - December 2025

oil and gas manufacturing company

Jeddah, Saudi Arabia

January 2021 - December 2025

• Leveraged advanced mathematical tools to significantly enhance financial modeling and forecasting accuracy, contributing to strategic planning.
• Successfully led projects that streamlined budgeting and planning processes, resulting in increased efficiency and reduced cycle times.
• Conducted in-depth financial analysis, controlling, and reporting to support data-driven decision-making across departments.
• Improved Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO) metrics, optimizing cash flow management and enhancing liquidity.
• Developed and implemented robust compensation and payroll reporting systems, ensuring full compliance with IAS and IFRS standards.
• Executed comprehensive risk management strategies to mitigate financial risks and safeguard organizational assets.

Company industry:
Oil & Gas
Job role:
Accounting and Auditing

Chief Accountant

June 2021 - December 2022

oil and gas manufacturing company

Jeddah, Saudi Arabia

June 2021 - December 2022

Company industry:
Industrial Production
Job role:
Accounting and Auditing

Aaccounting Supervisor

November 2015 - May 2021

Business Marketing and Consulting

Jeddah, Saudi Arabia

November 2015 - May 2021

Supervised a team of three accountants, refining the accuracy of financial reporting and
trimming month-end closing time by 20%, which streamlined processes and increased
managements trust in financial statements.
Acquired strong relationships with external auditors, facilitating smoother audit processes
and reaching a 15% reduction in audit time, minimizing workflow disruptions.
Engaged in coordination and advertising campaigns, strengthening entry and reporting
skills, and enhancing teamwork across various work scopes.

Company industry:
Marketing
Job role:
Accounting and Auditing

Sales Accountant

August 2015 - October 2015

International Plastic Manufacturing Company

Jeddah, Saudi Arabia

August 2015 - October 2015

Built up strategies that significantly tightened collection time, which unlocked cash flow
and boosted customer satisfaction by assuring timely delivery of orders.
Facilitated cross-departmental collaboration to streamline processes, which sped up order
fulfillment and increased customer order frequency.
Implemented document controls and governance systems, attaining high standards of
organization and compliance quickly.
Oversaw the sales ledger for over 20 clients, ensuring accurate invoicing and timely
payments, maintaining consistent cash flow for the company.

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Senior Accountant

August 2012 - July 2015

Trade, Marteting and Construction Establishment

Jeddah, Saudi Arabia

August 2012 - July 2015

Ran monthly financial statement preparation and analysis to supply management with
critical financial insights that guided strategic decisions.
Streamlined the accounts payable process with a new tracking system, scaling down
processing time by 20%, significantly raising cash flow management.
Homed in on construction projects, expanding scope for efficiency and successfully
opening three additional trade shops, increasing market presence.

Company industry:
Construction & Building
Job role:
Accounting and Auditing

Junior Accountant

July 2010 - August 2012

Consulting Company

Jeddah, Saudi Arabia

July 2010 - August 2012

Handled the entries, closing, and reconciliations processes, which allowed me to prepare
accurate financial statements
Worked closely with the Finance Manager to review financial data, working to identify
issues and propose solutions to stakeholders.
Gained diverse experience across several business sectors.

Company industry:
Economics & Financial Consulting
Job role:
Accounting and Auditing

Disbursement Controller

October 2009 - January 2010

Bank

Jeddah, Saudi Arabia

October 2009 - January 2010

Company industry:
Banking
Job role:
Accounting and Auditing

Education

University of Business and Technology (UBT)

June 2010

June 2010

Bachelor's degree, Accounting

Saudi Arabia

GPA (point): 4.55 out of 5

GPA (point): 4.55 out of 5

Skills

Analysis

Expert

Dynamic Leader

Expert

Planning

Expert

Budgeting

Expert

Cash Flow

Expert

Leading

Intermediate

Mathematical Tools

Expert

Cash Flow Management & Assumption

Expert

IAS & IFRS

Expert

Risk Management

Expert

Treasury Operations

Expert

Stakeholder relations

Expert

Auditing

Expert

Financial Analysis & Controlling & Reporting

Expert

DSO & DPO

Intermediate

Success Builder and Ambition

Expert

Management

Expert

Preparation

Expert

Administration

Expert

Microsoft Excel

Expert

SAP

Expert

Financial Analysis

Intermediate

FINANCE

Intermediate

OPERATIONS

Intermediate

STRATEGIC DECISION MAKING

Intermediate

INNOVATION

Intermediate

BUDGETING

Intermediate

FORECASTING

Intermediate

FINANCIAL STRATEGY

Intermediate

FINANCIAL STATEMENTS

Intermediate

VARIANCE ANALYSIS

Intermediate

COMPLIANCE REPORTING

Intermediate

Project Management

Intermediate

Budgeting & Planning

Expert

Compensation & payroll reporting

Expert

Self: Motivation, Learning, and Improving

Expert

Oriented in: Details, Goals and Reliability

Expert

Problem Solver and Solutions Implementing

Expert

Improve Efficiency and Effectiveness

Expert

Ease and fast adaptation

Expert

Pressure Management

Expert

Analytical skills Business Intelligence & Development

Expert

Strategy Improvement

Expert

Audit Management

Expert

ERPs adaptation

Expert

Actuarial evaluation with External Experts

Expert

Knowledge tracker and transformer

Expert

Budgeting

Expert

Financial Reporting

Expert

Financial Management

Expert

Internal Audit

Intermediate

Finance

Expert

Accounting

Expert

Banking

Expert

Financial Accounting

Expert

BUDGETING

Intermediate

CASH FLOW ANALYSIS

Intermediate

DECISION MAKING

Intermediate

FINANCE

Intermediate

FINANCIAL MANAGEMENT

Intermediate

FINANCIAL STRATEGY

Intermediate

FORECASTING

Intermediate

OPERATIONS

Intermediate

STRATEGIC LEADERSHIP

Intermediate

STRATEGIC PLANNING

Intermediate

Microsoft Office

Expert

Social profiles

Languages

Arabic

Native Speaker

English

Expert

Memberships

SOCPA

Member

March 2019

IMA

Member

July 2013

CFI

Member

January 2023