Osama Sammur

Results-driven Operations & Financial Director with 15+ years of experience leading finance, procurement governance, and operational transformation across retail, commercial real estate, and import businesses. Proven record of improving cash-flow efficiency by 90% through POS and online payment infrastructure upgrades, strengthening property and procurement governance through tighter internal controls, and protecting commercial assets across multi-site operations. Experienced in negotiating banking facilities and LCs with a 95% execution success rate, implementing ERP (Odoo) and digital payment systems, and leading cross-functional teams to reduce leakage and improve operational performance.

Operations & Financial Manager (Finance Controller) at Rawae Al Maktabat Company – Syan Water Park (Subsidiary) (2021-05 – Present)

• Strategic leadership: Defined and executed finance and operations strategies across the holding company and subsidiaries to support scalable growth and tighter governance.
• Cash-flow optimization: Redesigned POS and online payment systems and tightened collections processes, improving cash-flow efficiency by 90%.
• ERP & systems implementation: Led deployment of Odoo and payment integrations to automate finance, purchasing, and inventory workflows and reduce manual reconciliation.
• Asset protection & controls: Implemented procurement and inventory controls, contract validation, and approval workflows to safeguard commercial assets and reduce leakage.
• Corporate financing: Negotiated banking facilities, working capital lines, and LCs with commercial banks, achieving a 95% execution success rate.

Chief Accountant & Financial Lead at Rawae Al Maktabat Company (2015-05 – 2021-05)

• Procurement governance: Strengthened purchasing approvals, supplier oversight, and invoice validation to improve cost control and reduce exceptions.
• Full-cycle accounting: Directed general ledger, AP, and AR operations to ensure accurate books and timely financial closes.
• Financial close & reporting: Managed month-end and year-end close processes and delivered executive reporting packs for decision-making.
• Team development: Built and mentored the accounting team, increasing departmental productivity by 30% through training and process improvements.
• Regulatory compliance: Managed zakat and tax filings in compliance with ZATCA requirements and maintained audit-ready records.
• Inventory governance: Established audit and archiving procedures for inventory and fixed assets to improve traceability and prevent discrepancies.

Senior Accountant (Imports & Ledger Accounts) at Rawae Al Maktabat Company (2011-06 – 2015-05)

• Import financing & LCs: Managed corporate Letters of Credit and coordinated with banks, freight forwarders, and suppliers to support timely delivery and cash planning.
• Bank reconciliations: Performed reconciliations and verified ledger balances to maintain financial accuracy and reliable reporting.
• Payroll & purchasing oversight: Administered payroll and monitored branch budgets, working with procurement to control costs and support operations.

Audit & Accounting Associate at Abdulrazak Wali Sit Accounting Office (2009-07 – 2011-06)

• External auditing: Conducted audits for a range of clients to verify financial accuracy and statutory compliance.
• Control reviews: Assessed internal control workflows and delivered recommendations to strengthen financial governance.

Bachelor's Degree in Accounting – Imam Muhammad ibn Saud Islamic University