Wael Mansy

• Lead financial strategy and risk management for the CEO & Board, ensuring
strong control environment.

Developed foundational financial systems to improve efficiency and accuracy, resulting in streamlined processes and reduced errors.
 Prepare monthly financial statements, maintain general ledger, and manage cash flow projection.
 Developed and presented training sessions on financial statement analysis to non-financial managers, resulting in a 30% improvement in their ability to interpret financial data.
 Train, coach, and support non-financial team members to meet finance objectives.
 Establish costing model, stock policy, and procedures, and manage CAPEX. Train, coach, and support non-
financial team members to meet finance objectives.
 Developed and executed a cash management strategy that improved the companys cash position by 25%.
 Streamlined the financial reporting process, reducing the time to prepare monthly statements.
 Establishing a cash management system is the policy of the new company.

Conduct monthly financial statements, maintain general ledger, and reconcile accounts and intercompany transactions.
 Prepare billing, journal entries, VAT returns, control costs, and manage cash flow projection.
 Develop and implement annual budget and quarterly forecast analysis, monitoring deviations against actuals.
 Resolved all pending accounting issues and achieved clean books for the companys historical records.
 Increased client collection rate by 25% by implementing a new collection strategy.
 Passed the audit for the previous years with zero findings.
 Streamlined the payables and payment process, reducing the process time by 30%.
 Increased revenue by 15% by implementing a new pricing strategy across all product lines.
 Reduced operating expenses by 20% through identification of inefficiencies and implementation of cost-saving initiatives.
 Developed and implemented a cash management system that increased cash on hand by 30%.
 Created and executed a successful fundraising plan that raised $2 million in capital from investors.

Manage the accounting team, ensure timely month-end reports, analysis, and bookkeeping.
 Prepare budgets and forecasts for the headquarters and provide accounting and ERP technical support to
regional countries.
 Introduced a new monthly financial package preparation process for the related entities in the region.
 Acted as a technical member of the ERP Migration project, successfully migrating the financial system
from a local system to Dynamics AX.
 Established a shared service function, reducing redundant tasks by 40%.
 Streamlined financial reporting process by implementing a new accounting software, resulting in a 40%
reduction in month-end closing time and a 30% decrease in errors.
 Led cost optimization initiatives, reducing overall expenses by $500, 000 annually while maintaining or improving operational efficiency.
 Developed and implemented a comprehensive internal control framework, resulting in an improvement of audit ratings from 80% to 95%.

Conduct monthly financial statements, maintain general ledger, and reconcile accounts and intercompany transactions.
 Manage treasury function, control LCs and LGs, and prepare cash projection and forecast.
 Successfully implemented a new ERP system and migrated data from Oracle to JD Edwards as a key
member of the stream team.
 Streamlined financial reports packages, reducing reporting time by 25%.
 Negotiated with the bank to recover over SAR 120M in bank facilities.
 Improved accuracy in CAPEX budget monitoring and related payments.
 Reduced month-end closing process from 7 to 5 business days by streamlining procedures, resulting in a 20% reduction in overtime costs.

Consolidate the region’s 20 entities, declare in the reporting system (HFM) and clear all related controls along with reconcile the intercompany balances in addition, support local related parties and in charge for KSA branch accounting activities.

Prepare a monthly financial statement, maintain the general ledger along with monthly accounts reconciliation and Fixed Assets control along with the intercompany.
In charge for Banking function and mange the cash flow and reconciliation.
Review the flow of the accounts receivable and the related impact in the stock and raw material cost.