Mohamed Eladawy

13+ years of experience leading finance functions across Manufacturing, F&B, Retail, Construction, and Contracting sectors in KSA. Proficient in building finance departments from the ground up, delivering SAR 9M+ cost savings, optimizing working capital (SAR 9.9M), and partnering with CFOs on strategic decision-making. Trusted advisor to CEOs and CFOs, with extensive Big 4 audit exposure and SOCPA compliance. Strong focus on governance, profitable growth, board-level reporting, and decision support.

Financial Controller

Ayan Holding Group – FCB Lines. (Building Materials MFG and Retail)

Jeddah, Saudi Arabia 12/2022 – Present

• Built and strengthened a team of 5 accountants, driving a 60–80% improvement in month-end close accuracy through enhanced controls, reviews, and process standardization.
• Optimized workforce allocation and financial workflows, reducing the month-end close cycle from 15 days to 7 days while increasing overall team productivity.
• Delivered timely, decision-ready management reports to CFO, enabling faster executive decision-making on pricing strategy and margin optimization.
• Oversaw end-to-end financial reporting, budgeting, and forecasting for a SAR 140M+ multi-entity business, enhancing forecast reliability and financial visibility for senior leadership.
• Strengthened internal controls and compliance frameworks, supporting SOCPA, IFRS, VAT, and audit readiness across multi-entity operations.

Finance Manager

Ayan Holding Group – Unifood Co. (Food MFG, F&B, and Retail)

Jeddah, Saudi Arabia 01/2022 – 11/2022

• Managed financial reporting operations, delivering accurate insights to support strategic decision-making.
• Revised the internal financial processes to enhance efficiency and reduce the reporting cycle by 65% from 20 days to 7 days, and overall financial performance.
• Led monthly and annual financial close processes, reporting directly to the CFO and ensuring timely, accurate financial results.
• Directed revenue budgets for a SAR 70M+ company, forecasts, and plans for marketing and senior managers.
• Drove efficient budget utilization through rigorous analysis of budgetary variances and strict cost controls, resulting in a reduction of the budget variances by 38%.

Chief Accountant

Ayan Holding Group – Unifood Co. (Food MFG, F&B, and Retail)

Jeddah, Saudi Arabia 05/2021 – 12/2021

• Supervised daily accounting functions, ensuring precision in financial reporting and compliance with standards.
• Spearheaded month-end closing activities, reducing close time by three days and presenting detailed financial reports and variance analyses to the Finance Manager promptly each month.
• Built and developed revenue budgeting and forecasting for senior managers.
• Executed monthly financial statement preparation and reconciled 25+ general ledger accounts; implemented a new reconciliation process that enhanced data integrity and reduced month-end close time by 40%.

Senior Accountant

TREVI GROUP (Civil Foundation, Construction, Contracting, & Consultancy)

Al Khobar 11/2012 – 04/2021

• Executed monthly GL closing activities, including preparing journal entries and performing reconciliations, reporting directly to the Chief Accountant and external auditors.
• Processed all types of financial transactions for a business with an annual revenue of SAR 450 million.

Bachelor of Accounting & Finance - English Section (USA Course) - GPA 83%
Kafr El-Shaikh University
Kafr El-Shaikh, Egypt