Mohamed Obeid

Mohamed Obeid

Senior Director of Accounting and Financial Operations @ Unifonic

About

A finance professional with over 13 years of proven track record in directing all finance-related strategies, initiatives and activities for organization- wide financial accounting and reporting for startups, technology, and IT, specializing in SaaS and CPaaS companies. Expertise in financial reporting, analysis, cost, and management accounting. Proficient in analysing the company's financial strengths and weaknesses and proposing corrective actions. Developing and implementing world-class Internal Controls and risk management functions. Owned end-to-end health of the control environment. Inspection and validation of key control processes, control metrics and communication. Driving digital transformation at the intersection of strategy, technology, and finance. Proven proficiency in business analysis, process enhancement, and automation, coupled with a profound enthusiasm for unlocking the transformative capabilities within Financial Technology (FinTech). • Provided financial vision consistent with the strategic plan and direction of the Company. • Expert in cultivating strong investor relations, and effectively communicating financial performance, growth plans, and value propositions to attract strategic investments. • Subject matter expert in Merger and Acquisitions, administering strategic financial assessments, due diligence, and successful integration of acquired entities. • Delivered bespoke analytics and financial modeling solutions. Synthesized information to uncover trends and deliver insights on underlying root causes & solutions. • Driver of aggressive cost leadership initiatives, consistently optimizing operational costs while maintaining a focus on delivering high-quality financial services. • Known for bringing unrivalled analytic horsepower and strategic thinking to business. Empowering decision making for business leaders. Uncovering critical business insights that impact key decisions.

Country

Saudi Arabia

City

Riyadh

Industry

Computer Software

Skill

Cash Flow Forecasting, Due Diligence, Mergers & Acquisitions (M&A), Buy-Sell Agreements, Financial Transactions, Deal Execution, Financial Advisory, Cryptocurrency, Corporate Finance, Planning Budgeting & Forecasting, Business Strategy, Capital Budgeting, Designation, Financial Regulations, Compilation Of Financial Statements, Corporate Accounting, Certified Management Accountant (CMA), Financial Operations, Business Administration, Decision-Making

Experience

Unifonic

Senior Director of Accounting and Financial Operations

Unifonic

LinkedIn
2017-7 - Present · 9 yrs 3 mos

Riyadh, Saudi Arabia

Growth Path  Oct’18 – Present: Director of Accounting and Financial Operations  Jul’17 – Sep’18: Regional Chief Accountant Accomplishments and Responsibilities as Director of Accounting and Financial Operations (Oct’18 – Present): • Driving the company's financial planning. Overseeing all financial functions including accounting, budget, credit, insurance, tax and treasury. • Ensuring prudent management of company's cash flow and associated financial risk exposures. • Recorded enhanced financial performance by creating forecasts, implementing ongoing performance monitoring, and providing strong forward-looking analytical leadership. • Managing the organization's fundraising plans and capital structure, ensuring alignment with strategic objectives. • Entrusted to serve as Strategic business partner to C-suite - the company's VPs, CEO, and President to develop strategic plans and provide strategic financial recommendations. • Implementing the company's finance IT system and related integrations. Ensuring streamlined financial processes and enhanced efficiency in day-to-day operations. • Reviewed financial reports and implemented methods to reduce costs, showcasing a commitment to financial efficiency. • Streamlined payroll processes, overseeing monthly payroll for all countries, ensuring accuracy and timeliness. • Maintained oversight over annual audits, ensuring timely completion for all countries with minimal/no adjustments. Accomplishments and Responsibilities as Regional Chief Accountant (Jul’17 – Sep’18): • Produced monthly management accounts packs and statistics including P&L and financial statements. • Constructed a reliable foundation for financial reporting and analysis. • Spearheaded timely preparation of consolidated financial statements, payments, and cash-flow management reporting. • Ensured timely and accurate financial reporting to make informed business decisions and drive profitability.

Electronic Health Solutions

Senior Financial Analyst

Electronic Health Solutions

LinkedIn
2015-3 - 2017-7 · 2 yrs 5 mos

Amman, Jordan

Accomplishments and Responsibilities: • Established and enforced financial processes, policies and procedures. Delivered modelling, analysis and decision support services. • Utilized advanced financial analysis techniques to interpret data, developing intricate financial models and cost projections, thereby enhancing decision-making processes. • Provided strategic insights to historic investment decisions, delivering solutions for strategic planning, scenario modelling, board & management reporting and budgeting & forecasting. • Administered proposal development, strategic planning, and budget creation, showcasing a keen understanding of financial intricacies. Contributed to the successful implementation of projects through meticulous financial planning. • Undertook special projects, requests & cost-benefit analyses related to revenue, cost & capital expenditure considerations. • Provided versatile support to the accounting team, contributing to tax activities, reporting, and audit processes. Played an integral role in special projects, reinforcing organizational financial stability and regulatory adherence.

Unifonic

Budgeting & Reporting Manager

Unifonic

LinkedIn
2013-2 - 2015-3 · 2 yrs 2 mos

Amman, Jordan

Growth Path  Feb’13 - Dec’13: Senior Accountant  Jan’14 - Dec’14: Cost Controller  Jan’15 - Mar’15: Budgeting & Reporting Manager Accomplishments and Responsibilities: • Provided regular financial analysis to support decision-making processes and identify areas for improvement. • Ensuring the timely completion and submission of financial and statistical reporting for management and regulatory agencies. • Tracked, reported and managed the overall financial performance. Analyzed financial trends and variances, offered valuable insights to drive proactive financial management and optimize resource allocation. • Implemented effective tracking and analysis of revenues, calculating deferred revenue consumption, leading to enhanced financial forecasting and revenue optimization. • Monitored budget performance and provided variance analysis reports. • Prepared Zakat and Tax returns and forms in compliance with local regulations. • Implemented recommendations to enhance accounting processes and procedures, contributed to increased efficiency and accuracy in financial operations. • Executed various other accounting operations and periodic reports, showcasing versatility and proficiency in handling diverse financial tasks. Previous Professional Experiences: • Nov 2010 - Jan 2013: Accountant, Shefoun Trading Company – Amman, Jordan

Education

Lincoln International Business School - University of Lincoln

Lincoln International Business School - University of Lincoln

LinkedIn

Master of Business Administration

2021-3 - 2024-9 · 3 yrs 7 mos
Yarmouk University

Yarmouk University

LinkedIn

Accounting

2005-6 - 2010-9 · 5 yrs 4 mos

Mohamed Obeid's Contact Information

Email

******@***.com

Phone

(**) *** ****

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