Naser Zaki
Group Finance Manager
Salmiya
Overview
19
19
years of professional experience
Work History
Group Finance Manager
Sedra Group Perfume
09.2025 - Current
- Lead budgeting and rolling forecasts to manage seasonal fluctuations and support strategic planning
- Monitor P&L across retail branches and distribution channels
- Assess financial feasibility of new store openings, expansions, and product launches
- Consolidate group financial statements and eliminate intercompany transactions
- Ensure compliance with IFRS and Kuwaiti regulatory requirements
- Prepare accurate monthly, quarterly, and annual financial reports
- Liaise with internal and external auditors to ensure smooth audit processes
- Manage regional cash flow and maintain operational liquidity
- Optimize working capital by controlling receivables, payables, and inventory
- Develop KPI reports to track sales performance, stock turnover, and key product lines
- Provide financial insights to support decision-making and business performance
- Collaborate with business units to evaluate financial results and improve profitability
- Lead financial due diligence for expansions, investments, and new projects
- Manage and negotiate banking facilities including loans and credit structures
Finance Manager
Seventh Dimension Company
03.2020 - Current
- Oversee all corporate accounting and finance functions and activities
- Provide financial insights to support strategic and operational decision-making.
- Liaise with internal and external auditors to ensure smooth audit processes.
- Manage capital structure, working capital, and liquidity across all entities.
- Evaluate product profitability and recommend pricing adjustments based on cost and market trends.
- Reduce or maintain costs by studying financial reports and business processes
- Managing cash flow and Prepare the Projections
- Prepare and oversee annual budgets and periodic forecasts
- Manage and negotiate credit facilities with banks, including loan structuring, renewals, utilization
Chief Accountant
We Care Medical Management Company
02.2018 - 02.2020
- Oversee all accounting activities in alignment with established accounting standards and principles.
- Manage the preparation of monthly, quarterly, and annual financial and operational reports, including financial statements, variance analyses, and management summaries.
- Develop project budgets and forecasts, analyze variances between budgeted and actual results, and identify opportunities to enhance profitability
- Coordinate with external auditors to support the financial statement audit and ensure compliance.
- Manage accounts receivable, accounts payable, general ledger, banking transactions, fixed assets, and conduct financial analyses.
- Prepare and monitor cash flow statements to ensure liquidity and financial stability.
- Review and verify monthly payroll, including all additions and deductions in accordance with Kuwait labor laws.
- Compile financial data to generate insightful reports for management decision-making.
- Perform monthly revenue, commission, and expense analysis to ensure accurate financial recording.
- Participate in inventory counts at stores and warehouses, validate count accuracy
- Handle insurance-related tasks including claim follow-ups, collections, rejections, and resubmission
Chief Accountant
Al Wazzan National Trading Company
03.2016 - 01.2018
- Prepare monthly, quarterly, and annual financial statements Develop project budgets and forecasts
- Monitor and manage general ledger activity and ensure accurate financial postings
- Lead the budgeting process, including preparing, monitoring, and reporting on budgets and variances.
- Oversee accounts payable and receivable, bank reconciliations, and payroll processing
- Coordinate with external auditors to support the financial statement audit and ensure compliance
- Prepare and monitor cash flow statements to ensure liquidity and financial stability.
- Review and verify monthly payroll, including all additions and deductions in accordance with Kuwait labor laws.
Senior Accountant
Around World Shipping Group
11.2009 - 02.2016
- Manage daily accounting operations to ensure smooth financial workflows.
- Prepare key financial reports including the profit and loss statement, balance sheet, and trial balance.
- Develop and maintain cash flow statements to monitor liquidity.
- Oversee accounts receivable and payable processes, manage aging reports, and ensure timely execution of the payment cycle.
- Conduct bank reconciliations and ensure all discrepancies are addressed.
- Maintain and update fixed asset records, including preparation of depreciation schedules.
- Complete monthly account closings and perform necessary adjustments for accurate reporting.
- Process and review payroll, as well as calculate annual leave and end-of-service indemnities.
- Participate in physical inventory counts at stores and warehouses, verify count accuracy, and analyze stock variances.
- Collaborate with external auditors to support the validation and finalization of financial statements.
Accountant
Kuwait Middle East
12.2007 - 10.2009
- Review petty cash statement, enter into the accounting system
- Monitor bank accounts, preparing the reconciliation for each account.
- Responsible for accounts payable, make the reconciliation.
- Responsible for accounts Receivables, make the reconciliation Review payroll, make the entry of salaries.
- Allocate the operation costs for each job cost, process into the accounting system.
- Prepare the depreciation schedule of fixed assets. Make the annual adjustments entries.
- Prepare monthly expenses tracking report.
- Participate in the annual audit, providing the auditor with the required reports.
- Prepare Sales Commission
Education
Bachelor Degree - Accounting
Sohag University
01.2006
Skills
- Investment Appraisal
- Financial Analysis
- Troubleshooting
- Time Management
- Priorities
- Team Management
- Multi Task
Timeline
Group Finance Manager
Sedra Group Perfume
09.2025 - Current
Finance Manager
Seventh Dimension Company
03.2020 - Current
Chief Accountant
We Care Medical Management Company
02.2018 - 02.2020
Chief Accountant
Al Wazzan National Trading Company
03.2016 - 01.2018
Senior Accountant
Around World Shipping Group
11.2009 - 02.2016
Accountant
Kuwait Middle East
12.2007 - 10.2009
Bachelor Degree - Accounting
Sohag University