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Mohamed Almobarak, Cost Controller

Mohamed Almobarak

Cost Controller ·AJEX Logistics Services

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 7 years, 5 months

Cost Controller

August 2022 - Present

AJEX Logistics Services

Riyadh, Saudi Arabia

August 2022 - Present

• Conducted comprehensive cost monitoring and analysis to identify trends and optimize expenditures.
• Developed accurate budgeting and forecasting models that improved financial planning and resource allocation.
• Prepared detailed financial reports that enhanced decision-making processes for management.
• Executed billing procedures and accuracy checks, ensuring timely and precise invoicing to clients.
• Collaborated with cross-functional teams to streamline financial processes and improve overall efficiency.
• Leveraged analytical skills to provide actionable insights, contributing to a reduction in operational costs.
• Maintained compliance with financial regulations and standards, ensuring transparency and accountability.

Company industry:
Distribution, Supply Chain & Logistics
Job role:
Logistics and Transportation

ASSISTANT FINANCIAL PLANNING MANAGER

March 2021 - July 2022

Naqel Express

Riyadh, Saudi Arabia

March 2021 - July 2022

• Developed and maintained Management Information Systems (MIS) to streamline financial reporting and enhance decision-making processes.
• Prepared comprehensive Profit and Loss (P&L) statements, ensuring accuracy and compliance with financial regulations.
• Provided robust support during external audits, facilitating a smooth audit process and ensuring adherence to best practices.
• Collaborated with cross-functional teams to analyze cost structures and identify opportunities for cost optimization.
• Implemented financial controls that improved reporting efficiency and reduced discrepancies.
• Leveraged analytical skills to contribute to strategic planning and budgeting initiatives, aligning financial goals with organizational objectives.

Company industry:
Distribution, Supply Chain & Logistics
Job role:
Accounting and Auditing

Credit Controller Supervisor

March 2019 - March 2021

Naqel Express

Riyadh, Saudi Arabia

March 2019 - March 2021

• Mentored team members to improve Days Sales Outstanding (DSO) metrics, enhancing overall collection efficiency.
• Achieved high collection performance levels by implementing strategic initiatives and best practices.
• Ensured adherence to credit policies and procedures, fostering a culture of compliance and risk management within the team.
• Supported daily collection activities, streamlining processes to optimize cash flow and reduce outstanding receivables.
• Collaborated with cross-functional teams to align financial goals and improve cost management strategies.
• Leveraged analytical skills to identify trends and opportunities for cost reduction in financial operations.

Company industry:
Distribution, Supply Chain & Logistics
Job role:
Finance and Investment

CREDIT CONTROLLER

January 2019 - March 2019

Naqel Express

Riyadh, Saudi Arabia

January 2019 - March 2019

• Guided teams in optimizing collection performance, resulting in improved cash flow and reduced outstanding receivables.
• Developed strategies to maintain Days Sales Outstanding (DSO) at a consistently low level, enhancing overall financial health.
• Collaborated with cross-functional teams to implement best practices in credit management, driving efficiency and accuracy in collections.
• Analyzed collection metrics to identify trends and areas for improvement, fostering a proactive approach to credit control.
• Leveraged strong communication skills to mentor junior staff, empowering them to contribute to the organization’s financial objectives.

Company industry:
Distribution, Supply Chain & Logistics
Job role:
Finance and Investment

Education

Grambling State University

December 2018

December 2018

Bachelor's degree, Accounting

United States

GPA (point): 3.48 out of 4

GPA (point): 3.48 out of 4

Skills

Cash flow
Beginner
Cash flow
Beginner

Languages

Arabic

Native Speaker

English

Expert

Memberships

Saudi Organization for Chartered and Professional Accountants - SOCPA

SOCPA

April 2020

Training and Certifications

Training
Six Sigma Yellow Belt
Naqel Express
Apr 2019
Performance Management & Goal Setting Training
Naqel Express
Feb 2020
Effective Internal Auditing Training
Euro Training
Jan 2021