Mahmoud Al Omari CFM,FMVA,CPFA

Overseeing financial operations for a multi-billion SAR business, including strategic financial planning, budgeting, and reporting. • Led initiatives that improved working capital by 200 million SAR monthly and successfully reduced operational costs by 35 million SAR. • Managed the financial team and developed key relationships with stakeholders such as IATA and financial institutions to ensure operational efficiency and compliance. • Directed capital structuring, treasury management, and financing activities, contributing to long-term financial sustainability.

With over 20 years of experience in financial management, I have developed a strong foundation in strategic financial planning, budgeting, and forecasting. My ability to drive financial growth and optimize operational efficiencies has resulted in significant cost savings and increased profitability for previous employers. During my tenure as the Head Finance at Almatar Group, I successfully led the finance team through a major restructuring, resulting in streamlined processes and improved financial performance. Additionally, I implemented robust internal controls and compliance measures, enhancing the company's overall financial health. Furthermore, my expertise in financial analysis and reporting has proven instrumental in guiding business decision-making. By leveraging data-driven insights, I have provided valuable recommendations to senior leadership, allowing for informed and strategic initiatives. I possess a solid track record of building and maintaining strong relationships with stakeholders, such as investors, auditors, and regulatory authorities. My excellent communication and interpersonal skills enable me to effectively collaborate with cross-functional teams and drive organizational objectives.

• Directed financial operations for a leading travel technology company, overseeing budgeting, forecasting, and management reporting functions. • Led the implementation of new accounting procedures and financial systems, improving data accuracy and operational efficiency by 30%. • Managed cash flow, revenue recognition, and financial reporting, ensuring compliance with industry regulations and company policies. • Analyzed financial performance and presented insights to the executive team to drive decision-making and strategic planning. • Coordinated risk management processes, identifying potential financial risks and implementing effective controls to mitigate them.

• Spearheaded financial operations, including budgeting, forecasting, and financial reporting, for one of the region's leading travel agencies. • Developed and maintained financial models to support strategic planning, ensuring alignment with organizational goals and growth initiatives. • Managed accounts payable, accounts receivable, and payroll functions, streamlining processes to reduce processing time by 20%. • Conducted financial analysis and prepared detailed reports on revenue, expenses, and profit margins, presenting findings to senior management.

• Directed all aspects of financial management for a prominent tourism company, including financial analysis, cash flow management, and budgeting. • Implemented internal controls to ensure compliance with accounting standards and regulatory requirements. • Led the preparation of management accounts, including income statements, balance sheets, and cash flow statements. • Collaborated with senior leadership to develop and execute cost-saving strategies, resulting in a 15% reduction in operational expenses over two years.

Managed the day-to-day accounting functions, ensuring timely and accurate financial reporting and compliance with local regulations. • Prepared financial statements, tax filings, and reports for senior management and external stakeholders. • Oversaw the accounts payable and receivable processes, improving collections efficiency by 25% and reducing outstanding debts. • Played a key role in the implementation of a new accounting software system, enhancing financial data integrity and reporting accuracy.

Handled financial record-keeping and bookkeeping for construction projects. • Managed accounts payable, accounts receivable, and general ledger entries.