MOHAMED ABDELFATTAH
Dubai
Summary
Finance professional with 15+ years of expertise in financial planning, cost control, and strategic analysis, driving profitability and operational efficiency. Successfully reduced costs by 30%, optimized budgets exceeding $15M, and improved cash flow management by 25%. Led financial forecasting, enhancing operational efficiency by 40% while ensuring 100% compliance with financial regulations. Extensive experience across tourism, hospitality, and F&B industries, leveraging data-driven insights to enhance financial performance, mitigate risks, and support business growth.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Senior Accountant
Ritual Tourism
07.2024 - 02.2025
- Performed month-end accounts reconciliation of all general ledger balances before issuing monthly financial statements and Report any gaps or variance
- Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations
Senior Financial Analyst
Ritual Tourism
05.2019 - 07.2024
- Identified new market opportunities in Dubai, increasing ROI by 120% and maximizing shareholder value
- Negotiated 30+ vendor contracts, reducing costs by 15% and impacting the G.P by 20% In three months
- Conducted competitive financial analysis, leading us to head start contributing to Jet Car project's success, boosting profitability by 70%
- Reduced financial risk by actively monitoring key performance indicators (KPIs) and addressing potential issues proactively
Senior Cost Controller
Meslan Food & Beverage (HERFY RESTAURANTS)
05.2013 - 04.2019
- Oversaw food and beverage outlets, managing wastage by 20%, preventing theft incidents by 15%, and enhancing operational efficiency
- Documented food and beverage costs, ensured compliance with all cost control procedures, and evaluated purchasing protocols for all F&B items
- Improved cash flow management by closely tracking accounts payable activities & facilitating timely
- Enhanced communication between finance and operational teams, fostering a collaborative approach to cost control efforts
Cost Controller
WaterLink Group
01.2012 - 04.2013
- Reduced operating costs by 15% through detailed variance analysis and strategic budget adjustments
- Implemented a new vendor reconciliation process, improving payment accuracy and efficiency
- Assist in forecasting future costs based on historical data and project timelines
- Developed cost allocation reports, enhancing financial transparency and decision-making
Cost Accountant
WaterLink Group
10.2009 - 01.2012
Education
Bachelor's Degree - Accounting & Finance
Ain Shams University
01.2009
Master Diploma - Cost Management (Manufacturing Industry)
Ain Shams University
01.2012
PFA - Professional Financial Accountant (Financial Analysis)
CAME
01.2017
Skills
- ERP Accounting Systems (SAP, Oracle, QuickBooks)
- Advanced Excel & Financial Modeling
Certification
PFA - Professional Financial Accountant (Financial Analysis), CAME - Qatar, 01/01/17
Accomplishments
- Optimized vendor agreements, cutting costs by 20% and boosting cash flow.
- In 2021, introduced the Jet Car, a water sports project that successfully improved our net profit by 70%, reaching an annual total of AED 1.2 million.
Personal Information
- Driving License: Dubai & Saudi
- Visa Status: Resident Visa
Timeline
Senior Accountant
Ritual Tourism
07.2024 - 02.2025
Senior Financial Analyst
Ritual Tourism
05.2019 - 07.2024
Senior Cost Controller
Meslan Food & Beverage (HERFY RESTAURANTS)
05.2013 - 04.2019
Cost Controller
WaterLink Group
01.2012 - 04.2013
Cost Accountant
WaterLink Group
10.2009 - 01.2012
Bachelor's Degree - Accounting & Finance
Ain Shams University
Master Diploma - Cost Management (Manufacturing Industry)
Ain Shams University
PFA - Professional Financial Accountant (Financial Analysis)
CAME
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