Mustafa Hussain, ACA, CFC

CFO | Strategy, Value Creation & Business Transformation Leader.

Jeddah, Makkah, Saudi Arabia

About

Strategic finance leader with 20+ years of experience across Big 4 and industry, driving financial performance, transformation, and sustainable growth across complex organizations. Expertise spans financial planning, M&A, regulatory compliance, and ERP implementations. Proven track record in improving profitability, strengthening governance, optimizing processes, and leading high-performing teams while partnering with leadership to support strategic decision-making.

Experience

  • Group Chief Financial Officer at Confidential | KSA/QATAR
    Apr 2026 - Present · 3 mos

    Diversified conglomerate with operations across automotive, real estate, contracting, industrial, money exchange, technology, and consumer services. Lead finance across 15+ operating entities, covering financial restructuring, treasury, liquidity, reporting, controls, and performance governance. Drive lender engagement, cash visibility, debt service analysis, KPI reporting, working capital improvement, business turnaround initiatives, and finance transformation across the Group.

  • Group Financial Controller at Alsulaiman Group
    May 2023 - Apr 2026 · 3 yrs

    Diversified Saudi group with operations across retail, logistics, real estate, consumer finance, energy, and technology enabled businesses. Led group financial control, reporting, restructuring support, investment appraisal, and post acquisition finance integration. Developed financial models for acquisitions and joint ventures, strengthened IFRS policies and internal controls, supported strategic transactions, and led implementation of an integrated finance system.

  • Country Financial Controller at IKEA Saudi Arabia
    Sep 2019 - May 2023 · 3 yrs 9 mos

    Leading home furnishings retailer operating through stores, e-commerce, distribution, and customer fulfillment channels across Saudi Arabia. Led finance transformation for IKEA Saudi Arabia, including first-time IFRS adoption, management reporting, audit coordination, and internal control enhancement. Implemented an activity-based cost to serve model, deployed RPA across key accounting processes, introduced Power BI and ERP improvements, and secured the Authorized Economic Operator license from Saudi Customs.

  • Alessa Industries Co. (On-site)
    • Group Financial Controller
      Jan 2019 - Sep 2019 · 9 mos

      Diversified industrial group engaged in manufacturing, distribution, and trading of consumer appliances and related products across Saudi Arabia. Managed finance operations across multiple business units and regional offices, leading a team of 20+ finance professionals. Oversaw financial reporting, budgeting, treasury support, compliance, and working capital management while leading VAT implementation, IFRS adoption, ERP migration, and finance process automation.

    • Group Accounting and Reporting Manager
      Jan 2016 - Dec 2018 · 3 yrs

    • Group Accounting Manager
      Sep 2010 - Dec 2015 · 5 yrs 4 mos

  • Senior Auditor at KPMG Saudi
    Aug 2009 - Sep 2010 · 1 yr 2 mos

    Global professional services firm providing audit, assurance, tax, and advisory services across multiple industries.