Bassim Al Khazal: Finance and Treasury Leader Driving Control, Cash Discipline, and Operational Excellence

Bassim Al Khazal is a seasoned finance and treasury executive with more than two decades of experience strengthening financial control, cash discipline, and operational excellence in complex organizations. His career at MARAFIQ reflects deep expertise in accounts receivable, treasury operations, bank reconciliation, revenue reporting, and working capital management, all delivered with precision and consistency.

Finance Leadership at MARAFIQ

At MARAFIQ, Bassim has built a strong reputation as a finance professional who keeps critical financial processes accurate, disciplined, and transparent. As Sr. Accountant, AP & AR, he manages collections, customer allocation, SADAD reconciliation, aging reports, revenue breakdowns, bank statements, and month-end closing activities. His work supports reliable reporting, stronger cash flow visibility, and smoother coordination between finance, treasury, auditors, and internal stakeholders.

Before that, as Accountant, Treasury, he handled letters of credit, outgoing payments, cash positioning, money market placements, and weekly and monthly reporting. This combination of receivables and treasury responsibility gave him a broad command of liquidity management and financial operations.

Strength in Receivables and Treasury

Bassim’s expertise in accounts receivable management goes beyond routine processing. He works with policies, service levels, and reporting practices that help ensure collections are tracked in real time and reflected accurately in customer ledgers. He also plays an active role in coordinating with banks, treasury teams, and business units to resolve issues quickly and protect financial continuity.

His treasury background includes cash flow forecasting, daily and weekly position reports, surplus-fund investment, and handling local and foreign transfers. That experience has made him especially valuable in environments where disciplined liquidity management directly supports business stability.

Financial Control and Reporting

One of Bassim’s key strengths is his ability to turn financial transactions into meaningful reporting. He prepares balance confirmations, revenue reports, collection summaries, BI revenue reports, and aging reports that help management understand performance clearly. He also supports auditors and GL teams with required reports, ensuring the organization maintains strong financial governance and compliance.

His work has consistently improved invoicing procedures, collection quality, and reporting standards, showing a strong commitment to operational accuracy and continuous improvement.

Professional Background and Credentials

Bassim holds a Bachelor’s Degree in Finance and Industrial Management from King Fahd University of Petroleum and Minerals. He is also a Certified Cash Flow Manager from the American Academy of Financial Management, reflecting his focus on disciplined liquidity and cash management practices.

In addition to his finance career, he serves as Vice President Public Relations at MARAFIQ Toastmasters Club, highlighting his communication skills and leadership presence. He has also contributed to community service as Finance Manager at Safwa Development Society, showing a broader commitment to social impact and public engagement.

A Trusted Finance Professional

What defines Bassim Al Khazal is his consistency, credibility, and control. He combines technical accounting knowledge with treasury discipline, strong stakeholder coordination, and the ability to support business continuity through sound financial governance. His experience makes him a dependable finance leader in an environment where accuracy and timely execution matter every day.

The Saudi Leaders recognize Bassim Al Khazal as an accomplished finance executive whose career reflects trust, discipline, and lasting impact.