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Wael Fawzi  Abou abed, Director of Financial Management

Wael Fawzi Abou abed

Director of Financial Management·Mosa Al Mosa and Sons Holding Co.

Saudi Arabia

Bachelor's degree, Accounting and Management

Work experience

Total years of experience: 28 years, 5 months

Director of Financial Management

May 2017 - Present

Mosa Al Mosa and Sons Holding Co.

Riyadh, Saudi Arabia

May 2017 - Present

Group Finance Director- Full responsibility for 5 companies within the group.
- Preparing quarterly financial reports for the companies.
-Preparing the consolidated Financial reports.
-Controlling daily tasks and managing / supervising staff.
-Dealing with banks for short term loans and facilities.
-Preparing company annual budget for all companies
-Controlling & managing company inflows, outflows.
-Dealing with external and internal auditors

Company industry:
Real Estate
Job role:
Accounting and Auditing

Financial Manager

January 2011 - March 2017

Al saghyir Holding

Riyadh, Saudi Arabia

January 2011 - March 2017

Al Saghyir Holding Co- Riyadh Trading and Contracting Company Finance Manager.
• Full responsibility of Finance department, Auditing and controlling all accounting entries and banks reconciliations.
• Controlling daily tasks and managing / supervising staff.
• Preparing financial reports (Balance sheet, P & L, Cash flow)
• Controlling purchase orders, contracts for vendors, clients (commercial and purchasing department).
• Dealing with banks opening L C's, L G's and all bank transactions short term loans and facilities.
• Sharing and Preparing company annual budget for all sectors trading and contracting.
• Preparing monthly projects status / cash flows / position and all reports related to the projects. Also preparing quarterly aging Inventory, profit and loss report for each branch all reports related to the trading sector for the CFO, CEO.
• Auditing and approving all payments wire transfers, bank payments, cash payments, opening letter of credit request and other daily tasks.
• Auditing and approving payroll sheets and employee benefits.
• Controlling & managing company inflows, outflows.
• Controlling payments method for vendors with the aging report.
• Dealing with external and internal auditors and supporting them with all required documents and all reports required for Zakat.
• Auditing and controlling all accounting entries and banks reconciliations.

Company industry:
Civil Engineering
Job role:
Accounting and Auditing

Finance & Admin. Manager

October 2007 - December 2010

El concorde Saudi Construction Co.Ltd

Riyadh, Saudi Arabia

October 2007 - December 2010

Elconcorde Saudi Construction Co.Ltd.Riyadh-KSA Water and Waste Water treatment projects Finance &Admin. Manager.
• Full responsibility of Finance, Admin & HR Departments, preparing financial reports (Balance sheet, P & L, Cash flow & Budget) controlling daily tasks and managing staff.
• Controlling purchase orders for local / over seas materials and equipments.
• Managing contracts, legal & tax
• Dealing with banks opening L C's & L G's.
• Preparing projects cash flow & Budgets.
• Managing projects revenues and expenses.
• Managing finance department of Elconcorde Construction Co. Ltd UAE (Abu- Dhabi Branch).

Company industry:
Accounting
Job role:
Accounting and Auditing

Accounting Manager

August 2000 - October 2007

Nestle waters Factory Co. Ltd

Riyadh, Saudi Arabia

August 2000 - October 2007

• Started as head of controlling of four companies within the group, including training and developing of their new accountants and preparing monthly financial reports.
• Established the accounting system for Rivers Water Factory (Jeddah branch of Nestle Water Factory) since the beginning of construction, until the production phase, including training of the resident accountant.
• Assumed the responsibility for Nestle’ Water Factory as accounting manager starting since the beginning of plant construction, until the beginning of production operations in December, 2003 filling the position of NWF Accounting Manager.

Company industry:
Industrial Production
Job role:
Accounting and Auditing

Senior - Chief Accountant

August 1998 - August 2000

Sheba Metal Casting Co.Ltd

Amman, Jordan

August 1998 - August 2000

Full responsibility for financial and some managerial matters of the company during the absence of GM

Company industry:
Industrial Production
Job role:
Manufacturing

Senior Auditor

December 1997 - July 1998

Al Himam Finance and Accounting Consultants Est.

Amman, Jordan

December 1997 - July 1998

Senior and external auditor for companies with various activities

Company industry:
Accounting
Job role:
Accounting and Auditing

Education

College of Accounting and Finance

September 1997

September 1997

Bachelor's degree, Accounting and Management

Iraq

GPA (point): 4 out of 5

GPA (point): 4 out of 5

Skills

Management
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Management
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Controlling
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Controlling
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Auditing
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Auditing
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Reporting
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Reporting
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MS Windows, Word and Excel
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MS Windows, Word and Excel
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Management
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Management
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Controlling
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Controlling
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Auditing
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Auditing
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Reporting
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Reporting
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Languages

English

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