1. KHALID AL-MINSHAWY
Saudi Arabia  +966.555198428  alminshawy2001@hotmail.com
Page 1 of 3
CAREER OBJECTIVE
A practiced professional with extensive experience of 21+ years in managing large-scale business operations, leading the
accounting and financial management function to ensure financial discipline and reliability of business information and generating
and maintaining stakeholder confidence. Specialist in corporate financial planning and mobilizing retained earnings of the
company for business expansion, skilled in applying financial discretion and prudently analyzing investment avenues to select
appropriate, long-term capex projects. Adept at SBU-level decision-making and implementation, and managing profit center
operations. Looking for a senior level assignment to apply professional expertise and business insight and contribute to the
achievement of business goals.
SKILLS
Accounting, Financial Management & Reporting
 Finalization of Accounts and Annual Reporting, Internal Controls
 Accounting Procedures (GAAP), Financial Reporting (Local and IFRS)
 Working Capital Management, Accounts Receivables (AR) & Accounts Payable (AP) Management
 Corporate Financial Planning, Project Finance, Capital Budgeting
 Corporate Investment Planning, Fund Flow Management
 Cash Flow Analysis & Management, Line of Credit
 International Trade Operations: Letters of Credit and Bank Guarantees
Managerial Skills
 Leadership, Team Management, Team Motivation
 MS Office, Internet & Other Applications, Project Workbench
 Excellent Communication & Interpersonal Skills, Corporate Presentations
PROFESSIONAL EXPERIENCE
Chief Financial Officer, Feb 2013 Till Date
Almarwa Group (Al Bakri Group) (Saudi Arabia)
Highlights:
 Led the core team in the finance department across all Strategic Business Units (SBUs) of the company (Construction,
Distribution, Retail, Trading and Consulting) and worked in conjunction with senior personnel to streamline operations.
 Reviewed existing systems and procedures to initiate process improvements and increase operating profits, rationalized key
business processes to ensure reduction in administrative overheads and task completion lead times, and developed Standard
Operating Procedures (SOPs) for the finance function.
 Administered the company’s National Nonprofit’s Strategic Plan, collaborated with the management / finance committee to
finalize critical decisions that included sponsorships, mergers & acquisitions and trade partnerships.
 Negotiated terms & conditions with banks for short-term and long-term finance (after Reclassification of Financial
Statements), and optimized the utilization of funds to improve turnover ratios of the company.
 Restructured the finance departments, delegated tasks to teams and encouraged multi-skilling to increase departmental
productivity.
Key Responsibilities:
Business Strategy:
 In collaboration with senior executives of the company, define business goals, outline Key Performance Indicators (KPIs),
and assign operational targets to teams for completion in a time-bound manner.
 Regularly liaise with the finance departments across various SBUs of the company to finalize departmental objectives and set
performance parameters for the teams in line with top management directives.
 Direct the preparation of the annual operating budget, allocate resources to SBUs and key projects of the company, and
oversee the organization-wide implementation of the budget; note reported deviations / variance from budgetary figures and
implement corrective action in the relevant financial year.
 Contribute to the development of the company policy, specifically design the policy & procedures for finance departments
and ensure statutory compliance along with adherence to management guidelines.
 Lead the complex exercise of consolidation of financial and accounting information for different business units of the
company.
Accounting & Financial Management:
 Oversee the accounting function to ensure transactions are recorded as per GAAP, examine the books of accounts fromtime
to time to ensure accuracy of trial balance and subsequently the financial statements during annual closing of books.
 Verify sources and applications of company funds for compliance with statutory guidelines of the region, initiate corrective
measures in case discrepancies are detected, and modify internal processes to prevent recurrence.
 Provide decision-making support to the management for capital expenditure, prepare budgets (NPV, IRR etc.) and select the
most profitable projects for long-term investment.
Cash Management and Internal Controls:
 Supervise the management of AR and AP to maintain adequate liquidity for smooth completion of daily operations,
implement systems to strengthen the invoice & expense processing activities, and scrutinize petty cash records.

2. KHALID AL-MINSHAWY
Saudi Arabia  +966.555198428  alminshawy2001@hotmail.com
Page 2 of 3
 Plan and control short-term investments according to liquidity requirements of the company, monitor cash withdrawals and
verify the accounting heads for each transaction; review cash fromoperating, investing and financing activities.
 Regularly audit the work of internal teams, ascertain adherence to defined SOPs, take action to address non -compliance and
create detailed records of every audit for future reference.
 Estimate financial requirements for projects, secure project finance from approved financial institutions and banks at
reasonable interest rates, judiciously allot resources and supervise completion of activities as per specific timelines.
Regional Financial Manager, Nov 2008 to Nov 2012
Safari Holding Group, (Saudi Arabia)
Key Projects to Credit: ERP Implementation
 Designated Project Manager for ERP system implementation, defined requirements and system functions, oversaw
implementation and testing, and organized training for staff; ensured hassle-free migration from existing systems.
Key Responsibilities:
 Led the activities of the accounting department, oversaw the maintenance of books of accounts and subsidiary books, and
verified accounting heads assigned to various transactions.
 Examined ledger postings before approving the preparation of the trial balance and ensured timely preparation of the trial
balance, profit & loss account and other crucial financial statements.
 Administered the financial management policy of the company, scrutinized mandatory accounting disclosures for submission
to government authorities and for annual publication, and maintained the integrity and accuracy of accounting information.
 Scrutinized invoices, traced accounting records to resolve vendor issues in case of discrepancies and ensured maintenance of
proper invoicing data as per standard processes.
 Studied financial management systems and procedures, exercised stringent internal control to detect frauds / financial
mismanagement in the early stages and to prevent financial losses to the company.
 Evaluated business performance, appraised revenues flows and provided inputs to the top management to reduce costs,
optimized financial resource allocations and improved the cash conversion cycles for critical departments.
 Liaised with banks & financial institutions to secure short-term and long-term finance / loans, obtained Letters of Credit and
Bank Guarantees for international trade transactions to assure suppliers of payment in time.
 Presented function-wise reports to the management to assess the stability of operations, utilization and mobilization of
financial resources, returns on investments, liquidity position, and cash / funds generated from various activities of the
company.
Financial Controller, Aug 2003 to Sep 2008
The Olayan Group - Arabian Business Machines Co. (ABM), (Saudi Arabia)
Key Responsibilities:
 Managed the accounting function, implemented robust accounting controls and financial management systems to insulate the
company against financial mismanagement and to ensure compliance with statutory norms of the region.
 Oversaw daily, monthly and yearly closing of books of accounts, prepared functional budgets, maintained the fixed assets
register, calculated depreciation and acquired new assets as mandated by the scale of operations in different business units.
 Handled inter-company accounting and consolidation for different business units of the company offering various products &
services, gathered accounting data and ensured individual statutory compliance for companies situated in different locations.
 Managed the write-off of preliminary expenses, monitored reserves & surplus and retained earnings, and evaluated the
strength of the company to weather financial crisis / other contingencies.
 Analyzed the financial position of the company regularly, recommended profitable projects to the management based on
statistical analysis, presented profit projections for consideration and weighed the options available for fund -raising.
 Provided appropriate interpretations and analysis of repercussions of business decisions (in monetary terms) t o the
management, regarding expenditures, invoicing, cash flows, fund sourcing, project financing, taxation policy and other
statutory guidelines.
 Verified accounting information to support financial audit activities, responded to queries and inquiries from external
auditors, government offices, investors etc., and for submission of financial reports / mandatory disclosures to government
authorities.
 Examined the procurement function, invoicing, vendor management and sales processes to provide process improvement
support; developed and implemented revamped systems on receipt of management approval.
 Responsible for implementing control measures for data security; administered confidentiality agreements signed by internal
and external entities and notified the senior management in case any deviations were noticed during the course of operations.
PREVIOUS ASSIGNMENTS
 Mar 1998 to Jul 2003 (5 Years & 4 Months): Alhamrani Trading & Import Co. (Nissan Agent),Riyadh, Saudi Arabia
 Feb 1995 to Feb 1998 (3 Years): Accountant,Al Haya Medical Company, Riyadh, Saudi Arabia
 Nov 1992 to Nov 1993 (1 Year): Junior Accountant,El Misryeen for Trading and Advertising, Cairo, Egypt

3. KHALID AL-MINSHAWY
Saudi Arabia  +966.555198428  alminshawy2001@hotmail.com
Page 3 of 3
EDUCATION
Cairo University, (Egypt)
Master’s in Finance, (Sep 2005)
Cairo University, (Cairo, Egypt)
Bachelor's degree / Higher Diploma, Accounting (Sep 1992)
PROFESSIONAL DEVELOPMENT
CERTIFICATIONS
 Apr 2014: Certified Management Accountant (CMA), Institute of Management Accountants (IMA),Montvale, NJ, US
 Jun 2010: Certified Financial Manager (CFM), Institute of Certified Cost & Management Accountants,Dover, US
 Jan 2010: Certified Financial Consultant (CFC), Institute of Financial Consultants,Wilmington, US
 Dec 2008: Certified Budget Professional (CBP), Institute of Certified Cost & Management Accountants ,Dover,US
PERSONAL INFORMATION
 Citizenship: Egypt
 Date of Birth: 27/11/1971
 Driving License: Issued from Saudi Arabia
 Marital Status:Married (Total number of dependents:03)
 Language: Fluent in English and Arabic