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Wael Shahin, chief financial officer (cfo)

Wael Shahin

chief financial officer (cfo)·AFAQ AL AMAL CO. LTD

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 26 years, 8 months

chief financial officer (cfo)

January 2025 - Present

AFAQ AL AMAL CO. LTD

Riyadh, Saudi Arabia

January 2025 - Present

• Lead and oversee all financial operations across diversified business sectors including food distribution, logistics, transportation, contracting, and equipment rental.
• Develop and implement strategic financial plans aligned with business growth objectives.
• Prepare annual budgets, financial forecasts, and long-term financial models.
• Supervise treasury operations, banking relationships, and working capital management.
• Monitor cash flow, liquidity, and capital allocation strategies.
• Ensure compliance with Saudi financial regulations, tax laws, and accounting standards.
• Oversee monthly, quarterly, and annual financial reporting processes.
• Implement internal control systems to mitigate financial risks.
• Conduct profitability analysis and financial performance evaluation.
• Provide executive management with financial insights to support strategic decision-making.

Company industry:
Administration Support Services
Job role:
Accounting and Auditing

Audit Manager & Internal Auditor

January 2022 - January 2025

BABQI GROUP – TOYOTAAUTHORIZED

Jizan, Saudi Arabia

January 2022 - January 2025

Managed internal audit operations for one ofthe leading Toyota distributors in Saudi Arabia.
Conducted operational, financial, and compliance audits across all departments.
Evaluated internal control systems and risk management procedures.
Prepared audit reports and recommendations for executive management.
Worked extensively on Oracle ERP system.

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

TAX MANAGER -BEST BUY GROUP

October 2021 - December 2021

EGYPT

Cairo, Egypt

October 2021 - December 2021

Managed corporate tax compliance and VAT submissions.
Prepared and reviewed tax returns and tax audit files.
Coordinated with tax authorities regarding inspections and assessments.
Utilized Acumatica Cloud ERP for financial and tax operations.

Company industry:
Telecommunications

INTERNAL AUDIT MANAGER & FINANCIAL ANALYSIS MANAGER

August 2020 - September 2021

ASHRAF GERISHA CPA & TAX CONSULTANTS – EGYPT

Cairo, Egypt

August 2020 - September 2021

Supervised accounting operations and internal audit assignments.
Conducted financial analysis and prepared management reports.
Reviewed accounting systems and financial procedures.
Assisted clients in budgeting, financial planning, and tax compliance.

Company industry:
Telecommunications

ACCOUNTING MANAGER & EXTERNAL AUDITOR

January 2020 - July 2020

TAHA HAMED ACCOUNTING, AUDITING & TAX CONSULTANCY

Cairo, Egypt

January 2020 - July 2020

Managed accounting and auditing activities for multiple clients.
Conducted external audits and financial statement reviews.
Prepared financial reports and tax documentation.

Company industry:
Accounting
Job role:
Accounting and Auditing

ACCOUNTING MANAGER | INTERNAL & EXTERNAL AUDITOR | FINANCIAL ANALYST

January 2008 - January 2019

RÖDL AL-TUWAIJRI CPA FIRM

Riyadh, Saudi Arabia

January 2008 - January 2019

Led financial auditing assignments for commercial, industrial, and contracting companies.
Managed financial analysis, budgeting, and forecasting activities.
Reviewed financial statements and internal control systems.
Participated in tax audits and compliance reviews.
Conducted feasibility studies and financial due diligence assignments.

Company industry:
Accounting

ACCOUNTING MANAGER & INTERNAL AUDITOR

September 2004 - May 2008

BEST BUY COMMERCIAL GROUP (2B)

Cairo, Egypt

September 2004 - May 2008

Managed accounting cycles and financial reporting activities.
Supervised internal audit procedures and inventory controls.
Monitored revenues, expenses, and operational financial activities.

Company industry:
Accounting
Job role:
Accounting and Auditing

ACCOUNTANT & AUDITOR

October 1998 - July 2004

AMER SHAHIN ACCOUNTING, TAX & FINANCIAL CONSULTANCY OFFICE

Cairo, Egypt

October 1998 - July 2004

Performed bookkeeping, accounting entries, and audit procedures.
Assisted in preparing financial statements and tax returns.
Conducted account reconciliations and financial reviews.

Company industry:
Accounting
Job role:
Accounting and Auditing

Education

ZAGAZIG UNIVERSITY

January 1998

January 1998

Bachelor's degree, Accounting

Egypt

GPA (rating): Good

GPA (rating): Good

Skills

Tax
Expert
Tax
Expert
Contract Review
Expert
Contract Review
Expert
Financial Analysis
Expert
Financial Analysis
Expert
Financial Expertise
Expert
Financial Expertise
Expert
Financial Accounting
Expert
Financial Accounting
Expert
oracle erp
Expert
oracle erp
Expert
MICROSOFT OFFICE
Expert
MICROSOFT OFFICE
Expert
CORPORATE FINANCE
Expert
CORPORATE FINANCE
Expert
BUDGETING
Expert
BUDGETING
Expert
CORPORATE TAX
Intermediate
CORPORATE TAX
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL AUDITING
Intermediate
FINANCIAL AUDITING
Intermediate
FINANCIAL MANAGEMENT
Intermediate
FINANCIAL MANAGEMENT
Intermediate
FINANCIAL PLANNING
Intermediate
FINANCIAL PLANNING
Intermediate
INTERNAL AUDITING
Intermediate
INTERNAL AUDITING
Intermediate
LEADERSHIP
Intermediate
LEADERSHIP
Intermediate
Plan Review
Expert
Plan Review
Expert
Contract Review
Expert
Contract Review
Expert
Financial Expertise
Expert
Financial Expertise
Expert
Financial Accounting
Expert
Financial Accounting
Expert

Languages

Arabic
Native Speaker
English
Expert

Training and Certifications

Certifications
Internal Audit & Risk Management
Internal Audit & Risk Management

Training
IFRS Financial Reporting Standards
IFRS Financial Reporting Standards

Hobbies

  • Reading