Mahmoud Elalwy — Senior Accountant SAP Specialist
Available for GCC Opportunities

Mahmoud
Elalwy

Senior Accountant & SAP ERP Specialist

10+ years translating complex SAP transactional data into accurate financial statements and audit-ready reports — across chemical & industrial manufacturing in Saudi Arabia.

10+
Years Experience
SAR 250M+
Annual Turnover Managed
4
SAP Modules (FI·AA·MM·SD)
0
Audit Findings (3 Yrs)

Finance & Operations
Dashboard

Fixed Asset Register (NBV)
SAR 180M+
↑ 8,500+ Assets Managed
Month-End Close Cycle
4 days
↓ 43% vs 7-day baseline
DSO Reduction
−25%
↑ AR Collection Cycle
GR/IR Aging Cleared To
<15 days
↓ from 90+ days
Month-End Close — Days (2024)
Actual
Target
7d 5d 4d Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
AR Aging Analysis
55% CURRENT
Current (<30d)
55%
30-60 days
25%
60-90 days
12%
90+ days
8%
◈ SAP FI — Trial Balance Report (F.01) · Fiscal Period 12/2024 Generated: 31-Dec-2024 · Entity: Chemical Manufacturing Group
Account Description Debit (SAR) Credit (SAR) Balance Variance % Status
1100000 Cash & Bank 12,450,320 11,890,100 560,220 +2.3% ✓ Cleared
1200000 Accounts Receivable 38,740,500 31,200,000 7,540,500 +1.8% ✓ Cleared
1300000 Inventory — Raw Materials 14,220,000 12,800,000 1,420,000 −0.5% ⚠ Review
1500000 Fixed Assets (NBV) 180,000,000 42,300,000 137,700,000 +0.0% ✓ Cleared
2100000 Accounts Payable 18,900,000 22,450,000 (3,550,000) +1.1% ✓ Cleared
3000000 Revenue 4,200,000 256,800,000 252,600,000 +3.2% ✓ Closed
// SAP ERP Modules

Hands-On Expertise
Across 4 Modules

FI Financial Accounting

General Ledger, AR, AP & Compliance

End-to-end GL accounting, month/year-end closings, IFRS reporting, VAT/ZATCA filings, and bank reconciliations for multi-entity chemical manufacturing groups with SAR 250M+ annual turnover.

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AA Asset Accounting

Fixed Asset Lifecycle & Depreciation

Full lifecycle management of 8,500+ assets with SAR 180M+ NBV — from master data creation and acquisitions through transfers, retirements, and depreciation analysis with zero audit findings.

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MM Materials Management

Inventory, Procurement & 3-Way Match

Monitored 1,200+ monthly POs, cleared GR/IR aging from 90+ to <15 days, performed inventory valuation and material ageing analysis in support of IAS 2 write-down decisions.

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SD Sales & Distribution

Revenue, Billing & Sales Performance

Monitored billing cycles, verified revenue recognition, and tracked sales orders and outbound deliveries in coordination with sales and logistics teams for accurate IFRS reporting.

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Key Achievements

01
Month-End Close Acceleration — Redesigned accrual posting workflows and FI–MM 3-way match reconciliation in SAP, reducing the close cycle from 7 to 4 working days across multiple plants, eliminating 90%+ of post-close adjustments.
−43%Cycle time reduction
02
Fixed Asset Register — Zero Audit Findings — Maintained 8,500+ asset register (SAR 180M NBV) in SAP AA including depreciation runs, additions, retirements, and physical verification with zero audit findings over 3 consecutive fiscal years.
SAR 180MNBV managed, 0 findings
03
GR/IR Aging — 83% Reduction — Implemented a weekly FI–MM reconciliation routine using MIGO and MIRO monitoring, clearing GR/IR open-item aging from 90+ days to under 15 days, reducing vendor payment disputes by ~40%.
83%Aging reduction
04
AR Collection Improvement — Leveraged FBL5N aging reports and structured dunning workflows to improve AR collection, contributing to a 25% reduction in Days Sales Outstanding (DSO) within 18 months.
−25%DSO reduced
05
Inventory Write-Down — IAS 2 Compliance — Monitored MB5B and MC.9 material ageing reports, enabling management to write down SAR 3M+ in non-moving inventory in full compliance with IAS 2 requirements.
SAR 3M+Write-down identified
06
Audit Adjustment Rate — Supported 4 consecutive external audit engagements with SAP-generated audit packages, maintaining an audit adjustment rate below 0.5% of total assets with minimal follow-up queries.
<0.5%Audit adjustment rate
// Career Timeline

Professional Experience

2016 — Present
National Oil & Chemical Manufacturing Group
Saudi Arabia

Senior Accountant / Acting Team Lead

Lead full-cycle financial accounting operations across multiple manufacturing plants. Responsible for month-end and year-end closings, IFRS financial statements, ZATCA VAT compliance, fixed asset management, and coordination of internal and external audits for entities with SAR 250M+ annual turnover.

SAP FI SAP AA SAP MM SAP SD IFRS ZATCA VAT Team Lead
2015 — 2016
Medical Reference Center
Saudi Arabia

Accountant

Executed daily journal entries, bank reconciliations, cash management, and payroll accounting. Prepared daily and monthly financial reports and supported quarterly closing activities.

GL Accounting Bank Reconciliation Payroll Financial Reporting
2013 — 2015
Ibrahim M. Al Wahabi Trade & Transportation
Saudi Arabia

Accountant

Managed supplier accounting, warehouse cost tracking, inventory control, and custody reconciliation. Supported procurement and logistics accounting functions.

AP/AR Inventory Control Procurement Logistics Accounting

Skills & Credentials

Core Competencies

SAP FI — Financial Accounting0%
SAP AA — Asset Accounting0%
SAP MM — Materials Management0%
IFRS Reporting (IAS 2, 7, 16, 37)0%
ZATCA / VAT Compliance0%
Month-End / Year-End Close0%
Advanced Microsoft Excel0%

Credentials & Languages

🎓
B.Com — Accounting Zagazig University, Egypt
📋
SOCPA Associate — In Progress Saudi Organization for CPAs
🏅
CMA Part 1 — In Progress IMA — Institute of Management Accountants
⚙️
SAP ERP Key User FI · AA · MM · SD — 10+ Years Applied
🌐
Languages Arabic (Native) · English (Professional)
📍
Location Saudi Arabia · Open to GCC relocation
// Let's Connect

Open to GCC
Opportunities

Targeting Senior Accountant, Chief Accountant, and SAP FI Key User roles in Saudi Arabia, UAE, and the wider GCC. Available for immediate discussion.