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Faisal Eldeeb

Senior Accountant, Financial Reporting & Budget, Decision Support at Abdulaziz Al-Jasser Trading Holding Company

Riyadh, Saudi Arabia

Work Experience

  • Senior Accountant, Financial Reporting & Budget, Decision Support

    Abdulaziz Al-Jasser Trading Holding Company

    Jun 2024 - Present -1 yr, 1 month

    Saudi Arabia

    • Job Details:Analyzed and presented monthly, quarterly, and annual financial statements ensuring 100% adherence to IFRS and policies, while conducting variance analysis to identify deviations, and opportunities for cost control. Managed the preparation of balance sheets, profit and loss statements, and tax returns, ensuring 100% accurate financial reporting while conducting internal audits to maintain the integrity of financial statements. Recorded financial data, including accruals, deferrals, reclassifications, and interdepartmental entries, into the ledger monthly, and prepared reports to support financial performance analysis and decision-making. Identified cost-saving opportunities through process improvements, vendor negotiations, and resource optimization, contributing to savings across the organization. Directed the preparation of profit and loss (P&L) statements with in-depth analysis to provide actionable insights on revenue and expense trends, while leading the development and management of annual budgets.
  • Senior Accountant, Revenue & Client Accounts Department

    Abdulaziz Al-Jasser Trading Holding Company

    Mar 2024 - May 2024 -2 months

    Saudi Arabia

    • Job Details:Managed high-volume financial transactions, ensuring 100% compliance with established accounting principles, while leading the accounts receivable function by issuing sales invoices and monitoring customer payments. Delivered detailed financial reports, including P&L statements, revenue forecasts, and variance analysis, to provide key insights to senior management for strategic decision-making. Implemented regular reconciliation of client accounts, resolving discrepancies to ensure accurate financial records, while developing and maintaining aging reports to monitor overdue accounts.
  • Senior Accountant

    Arabian Oud

    Jan 2022 - Feb 2024 -2 yrs, 1 month

    Saudi Arabia

    • Job Details:Supervised and mentored 5+ junior accounting staff, provided training on accounting procedures and best practices, and promoted a collaborative and efficient work environment. Ensured 100% compliance with accounting principles, regulations, and internal policies while coordinating with external auditors during audit processes, addressing queries, and implementing recommended improvements. Spearheaded the custody and expenses of the Medina region, monitored branch sales invoices, executed reconciliations and collections, performed delivery, receipt, and annual inventory for regional branches.
  • General Accountant

    Oud Elite

    Apr 2017 - Dec 2021 -4 yrs, 8 months

    Saudi Arabia

    • Job Details:Supervised the generation and processing of 500+ sales invoices monthly, ensuring billing accuracy and policy compliance, oversaw collections with a reduction in overdue accounts, and executed annual inventory audits. Performed reconciliations for 100+ accounts, prepared detailed financial reports including P&L statements and branch performance summaries, and assisted in budgeting and forecasting. Ensured tax compliance by preparing accurate returns for 10+ branches and coordinating with auditors, oversaw branch expenses within budget constraints, and process improvements.
  • Education

    • Bachelor's Degree in Accounting

      Menoufia University

      Jan 2010   15 yr 6 Months

    Skills

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    Languages

    • English

      Intermediate
    • Arabic

      Beginner
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