About Muhammad Ahmed
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Academic Level Degree Bachelor
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Age 48 - 52 Years
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Gender Male
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Industry Finance
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Viewed 20
About me
With over 20 years of experience in Finance and Accounting as CFO/Finance Director/Head of Finance mainly in Retails and Oil & Gas fields, I am looking for an opportunity ( Mainly in Saudi / Kuwait or any GCC country) that matches my experience and skills which can enable me to add a significant value to an esteemed organization. It is important to mention that I have a valid transferrable Iqama in Saudi and a valid transferrable Iqama in Kuwait.
Please find my resume /cover letter and supporting documents attached for your reference. I look forward to hearing from you at your earliest convenience.
Education
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2025 - 2025
Corporate Finance Institute (CFI)
FPAP (Financial Planning and Analysis Professional)
I obtained the FPAP certification which has equipped me with the world class planning , Budgeting and forecasting techniques.
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2025 - 2025
Corporate Finance Institute (CFI)
FMVA (Financial Modeling and Valuation Analyst)
I obtained the FMVA certification from the CFI in July 2025.
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1989 - 1993
Ain Shams University
Bachelor Degree of Commerce in Accounting
I obtained the Bachelor Degree of Commerce in Accounting from Ain Shams University
Experience
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1993 - 1995
El Masrya for Agencies and Service Stations
Accountant
Prepared comprehensive sales tax reports, ensuring timely filing and adherence to all relevant tax regulations.
Oversaw accounts receivable and payable cycles to maintain financial stability and optimise cash flow effectively.
Conducted thorough monthly reconciliations, identified discrepancies accurately, and ensured precise financial reporting.
Supervised bank reconciliations diligently and managed cash flow forecasting to facilitate informed decision-making.
Assisted in budget preparation processes, and meticulously tracked expenses to enhance overall financial performance.
Implemented robust internal controls, ensuring strict compliance with financial policies and regulations. -
2002 - 2010
Al Khorayef Petroleum Kuwait,
Finance Manager
Developed intricate business models for new tenders, incorporating comprehensive cash flow analyses to optimise strategic
decision-making.
Generated insightful financial reports, furnishing data-driven insights to senior management and shareholders.
Monitored daily banking transactions meticulously, and negotiated with banks to secure optimal credit facilities.
Led a team of 10 finance professionals, overseeing all facets of financial operations and general ledger maintenance.
Scrutinized stock usage and aging patterns, pinpointed obsolete inventory, and optimised working capital strategies.
Managed the preparation of accurate trial balances, profit and loss statements, and balance sheets. -
2021 - Present
Castrol (BP) AlKhorayef Lubricants Company
Chief Financial Officer (CFO)
Navigated BP relations, ensuring meticulous adherence to financial regulations and statutory requirements.
Orchestrated budgeting efforts with the CEO and key stakeholders, fostering accountability across the organisation.
Spearheaded cost-benefit analyses, devised sophisticated financial models, and delivered strategic insights to inform decision
making.
Supervised rigorous financial statement analysis, guaranteeing full compliance with IFRS, GAAP, and pertinent regulatory
standards.
Optimised network efficiency and championed cost reduction initiatives, aligning them with comprehensive financial forecasts.
Collaborated strategically with Sales and Marketing to fine-tune pricing strategies, and executed in-depth ROI analyses to
maximise profitability.
Partnered with HR to meticulously evaluate the financial implications of hiring versus outsourcing, and optimize labor costs. -
2010 - 2021
Castrol (BP) AlKhorayef Lubricants Company
Finance Director
Led all finance department functions, ensuring seamless operations and compliance with IFRSs.
• Led the financial planning/forecasting cycles, ensuring accurate and timely capital and operational reporting, and monitored key
performance indicators (KPIs) to align with strategic objectives, resulting in a significant improvement in financial transparency
and accountability.
• Played a vital role in the Lubes Business Management (LBM) process, driving working capital. management initiatives and
supporting pricing strategy, resulting in a 3% increase in profitability.
• Saved the company approximately $1 million annually by recommending a change in the base oil type used in the formulation of
GTX 20W50, reducing the cost of goods sold by 10 cents per liter.
• Led the transformation of the ERP from Oracle 11 to Oracle BS.
• Fast closing approach, in 4 Business days including all the required performance reports/recommendation to enable the
management to have a deep insight and visibility of the performance and take the corrective actions if any. -
1999 - 2002
Al Khorayef Petroleum, Kuwait
Chief Accountant
Reviewed monthly Profit and Loss reports meticulously, ensuring accuracy and strict adherence to IFRS/GAAP guidelines.
Conducted thorough GL audits, identified misstatements, and prepared comprehensive financial documentation for external
audits.
Assisted in annual budgeting processes, analysed cost allocations and financial trends to enhance cost efficiency.
Monitored stock levels closely, analysed inventory levels, and collaborated effectively with procurement for optimal stock control.
Ensured accurate cost allocation across all projects/wells and rigorously assessed profitability.
Ensured precise account consolidation, promptly resolved discrepancies, and maintained rigorous IFRS/GAAP compliance.
Validated the integrity of the General Ledger (GL), Accounts Receivable (AR), Accounts Payable (AP), and Fixed Assets,
ensuring accuracy and adherence to established policies.
Aligned bank statements meticulously with financial records, enhancing cash flow management effectiveness.
Verified vouchers meticulously, rectified errors promptly, and ensured unwavering compliance with internal controls and
regulatory requirements.
Processed monthly payroll for over 80 employees with precision, ensuring accuracy and full tax compliance.
Managed aging reports effectively, tracked collections diligently, and mitigated credit risk proactively. -
1995 - 1999
Alkhorayef Commercial Co.
Senior Accountant
Ensured precise account consolidation, promptly resolved discrepancies,
and maintained rigorous IFRS/GAAP compliance.
Validated the integrity of the General Ledger (GL), Accounts Receivable
(AR), Accounts Payable (AP), and Fixed Assets, ensuring accuracy and
adherence to established policies.
Aligned bank statements meticulously with financial records, enhancing
cash flow management effectiveness.
Verified vouchers meticulously, rectified errors promptly, and ensured
unwavering compliance with internal controls and regulatory requirements.
Processed monthly payroll for over 80 employees with precision, ensuring
accuracy and full tax compliance.
Managed aging reports effectively, tracked collections diligently, and
mitigated credit risk proactively.
Portfolio
Honors & awards
- 2015
- 2021
- 2022
- 2023
