Tawfiq Al Sayyed, CHIEF FINANCIAL OFFICER (CFO)

Tawfiq Al Sayyed

CHIEF FINANCIAL OFFICER (CFO)

Al Wajeeh Holding Co., Abh

Location
Jordan - Amman
Education
Bachelor's degree, Accountancy
Experience
13 years, 9 Months

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Work Experience

Total years of experience :13 years, 9 Months

CHIEF FINANCIAL OFFICER (CFO) at Al Wajeeh Holding Co., Abh
  • Saudi Arabia - Abha
  • My current job since September 2013

Contribute to the development and execution of strategic planning efforts, including participation with substantial expected contribution at board meetings and senior management review sessions
•Maintain the Company’s cash flow forecasting and lead its credit/banking relationships to ensure All Points can support operations and strategic initiatives
•Oversee the sustainment and improvement of accounting and business information systems used to track, report, and control accounting, financial, timekeeping, payroll, and contract information
•Direct the preparation of all forecasts, budgets, and financial reports including backlog and program reports, income statements, balance sheets, statement of cash flows, monthly management reports, and board meeting materials
•Oversee the preparation of tax information required by shareholders; oversee all financial transactions and help departments control costs and improve processes by providing meaningful and useful financial data for management users
•Maintain a solid understanding of current Information Technology tools and practices to guide the company in the appropriate IT investments and initiatives

Financial Manager at Almousa & Alsouraya Wood and Metal Furniture
  • Saudi Arabia - Dammam
  • January 2010 to January 2013

Provided leadership to all finance employees in the program; functional areas included budgeting, forecasting, project management, cash flow management, pricing and general accounting
•Analyzed current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, and, capital expenditures and made sure budgets and forecasts aligned with historical trends
•Produced a variety of routine and ad hoc financial reports, packages and pro forma analyses for senior management and planning unit
•Developed strategic business plans and forecasts; provided analysis on the financial status of individual contracts and of the combined program operation
•Identified opportunities to reduce cost and increase profitability throughout the organization; initiated projects to achieve improvements in these areas
•Ensured the financial statements provided a realistic view of the operation’s financial position; analyzed trends and metrics to develop solutions and processes for the program

Education

Bachelor's degree, Accountancy
  • at Rani Durgavati University – Jabalpur
  • January 1988

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Specialties & Skills

Planing
Financial Systems Implementation
Financial Control
Increasing Profitability
Oracle Applications
ACCOUNTANCY
ACCOUNTING
BALANCE SHEET
BUDGETING
CASH FLOW
EXECUTIVE MANAGEMENT
FINANCIAL
FORECASTING
PROCESS ENGINEERING
STRATEGIC

Languages

Arabic
Native Speaker
English
Expert

Memberships

Arab Society Of Certified Accountants (ASCA)
  • ACPA
  • May 2003
Chartered Institute Of Management Consultants (CIMC)
  • CMC
  • March 2007

Training and Certifications

ORACLE FUSION (Training)
Training Institute:
ORACLE
Date Attended:
September 2017