Mahmoud Aljawhary, CABM Certified Associate Business Manager, Chief Financial Officer CFO

Mahmoud Aljawhary, CABM Certified Associate Business Manager

Chief Financial Officer CFO

Al-Ali Engineering Co.

Location
Qatar - Doha
Education
Bachelor's degree, Accounting/Managament
Experience
31 years, 9 months

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Work Experience

Total years of experience :31 years, 9 months

Chief Financial Officer CFO at Al-Ali Engineering Co.
  • Qatar - Doha
  • My current job since January 2016
Finance Manager (CFO) at JAZIRA Group
  • Qatar - Doha
  • May 2013 to January 2016

Accounting:
•Implementation of Corporate Accounting Manual policies and procedure, Authorization grids

•Submission and adherence to corporate accounting Credit Control reporting and meeting corporate deadlines.

•Computation and Filing of regular Income Tax and Zakat Tax with local authorities

•Supervision and Review of Monthly accounts, Bank and Inter Company Reconciliations.

•Day to Day Supervision and handling of accounting tasks and responsibilities

•Implementation of Transfer Pricing between inter companies

•Comply to Statutory/Internal Audit requirements, should be able to finalize statutory accounts independently.



Credit Control:
•Implementation of Corporate Credit Control Policies, Procedure and Guidelines,

•Debtors Management,

•Day to Day Dealing with Credit Insurance Companies for securing limits on customers,

•Meeting Customers on regular basis

•Defining payment terms based on local market conditions,

•Responsibility for timely Collections from customers,

•Submission and adherence to Corporate Credit Control reporting and meeting corporate deadlines.

•Forecasting of Cash flows from customers,

•Framing of dealers and distributors contract in relation to credit control tasks

Finance Manager at YRG Global Group مجموعة شركات يوسف الراجحي العالمية
  • Saudi Arabia - Riyadh
  • May 2012 to May 2013

•Consolidate, revise and submit monthly, quarterly and year-end financial statements and ensure accuracy of records.
•Manage all accounting functions within the Finance Department (General Ledger- Costing- Accounts Receivable- Accounts Payable- Inventory- Fixed Assets)
•Perform monthly reviews of Profit & Loss and Balance Sheet accounts relating to area of responsibility, including business indicators such as profitability and liquidity
•Present monthly analysis on costs and revenue
•Undertake financial planning, forecasting and monitoring of results versus objectives
•Ensure across-the-board implementation of standard finance practices, involvement with the development of standard financial practices
•Identify weaknesses in internal control and implement improvements
•Assess and highlight opportunities for increased cost efficiencies, driver for change
•Analyze profitability of new business opportunities via contract reviews, bid support and evaluation of risk versus reward prospects
•Active involvement in mentoring and development of Accountants
•Assist with ad hoc reporting, analysis or projects as required
•Complies with applicable company policies, including Personnel, Quality System and Health, Safety and Environment standards and procedures.
•Develop and propose financial policies & procedures and update them according to business needs to maintain controlled workflow.
•Review and update the chart of accounts and cost centers to ensure accuracy of reports.
•Prepare/supervise ad-hoc reports required by Management and collaborate with FC as well as other departments to ensure the accuracy of data.
•Set targets and budgets for finance department, manage activities according to priorities, select and develop my subordinates, appraise their performance, and motivate them to meet business objectives.

Manager Internal Audit, Financial Planning and Budget at Al Bawani Co. Ltd Riyadh, SA
  • Saudi Arabia - Riyadh
  • July 2011 to July 2012

 Implementing ERP and ensured cost savings, $186K in License discount and $100K in implementation.
 Implemented the company financial procedures and policies for the first time.
Implemented the company Audit procedures and policies for the first time.

 Developing a consolidated financial reporting package and ensured 90% reduction in the monthly preparation time.

 Developing a new regional financial reporting system using Microsoft FRx & SSRS & Management Reporter to update the global reporting system.
Streamlined the Accounting, Procurement, HR, Warehouses and Project Management functionalities and converted 5 Legacy systems to Dynamics AX ERP software.

Finance Manager at Haif Company www.haifcompany.com
  • Saudi Arabia - Riyadh
  • January 2009 to July 2011

• Provide strong management and internal control for company recourses.
• Provide financial guidance to the tenders department that allowed the company to benefit from increased markup.
• Prepare & provide Top Management with Monthly Progress Projects Report for E/P (Projects Revenues & Expenses, Projects Progress ratios & Projects duration) by close coordination with Projects Managers.
• Keeping good relation with Company Clients
• Active participation in preparation of Accounting Policies and Procedures and reviewing allocation between cost centers.
• Supervision on preparing monthly financial statements.
• Auditing & reviewing financial statements with Certified Public Accountant
• Control & Review East Branch Current Account with Head Office and Other Company Branches.
• Coordinate opening/closing L/C, their processing through banks as per commercial regulations & credit facilities and oversee processing of payments.
• Process all bank L/G, and ensure compliance with contracts.
• Auditing and check all financial documents in the department and sign all the bank documents and checks.
• Coordinate and flow work between accountants.
• Analyzing, consolidating and producing monthly financials and reports.
• Managing and directing general accounting staff.
• Creating and maintaining financial controls.
• Coordinating with the external auditor.

Asst. Accounting Manager at Abdullah Hashim Group HONDA
  • Saudi Arabia - Eastern Province
  • May 1998 to January 2009

1.Plan, organize and assign day to day work to the Accountants and Assistant Accountants.

2.Verify and validate accounting documents such as Journal Vouchers, Cost sheets, Custom Duty computations, accounts receivables, accounts Payable etc… prepared by the Accountants to ensure accuracy of information and calculations and make or direct correcting entries.

3.Proper maintenance of all books of accounts (Policyholders & Shareholders) and monitor monthly/annual accounts closing activities.

4.Assist the Budgeting and Reporting Manager to ensure timely and accurate preparation of periodic financial reports of the company in compliance with applicable accounting and reporting standards as well as regulatory requirements related to accounts keeping and financial reporting.

5.Maintain client accounts through sales channels including timely payment of claims in accordance with the company’s policies and procedures.

6.Prepare and adapt aging reports of receivables to calculate the bad and doubtful debts reserves.

7.Manage salvage/recoveries and third party compensations including timely settlement of amounts dues.

8.Maintain accounts of Reinsurers including collections and payment requests processing and conduct detailed aging analysis to identify overdue accounts.

9.Manage regional accounts such as the recordings, reconciliation of accounts, and submission of statements of accounts to clients through marketing channels.

10.Manage the commission processing and payment to various sales channels and monitor Medical providers, Surveyors/Loss Adjustors, Reinsurers tax accounts.

11.Manage and control all types of expenditures including capital and other expenses, as well as purchases, ensuring formal approvals at required levels and timely settlement of related invoices.

12.Train new employees selected by Management.

13.Perform other related duties as requested.

Accountant & Purchase In Charge at Al-Nemer Trading
  • Saudi Arabia - Eastern Province
  • January 1995 to May 1998

Responsible for maintaining all accounting records.
Responsible for selecting items, purchasing, importing, pricing and stock control.
Follow up and controlling clients collection.

Accountant at Radi Al-Ali Construction
  • Saudi Arabia - Eastern Province
  • June 1992 to January 1995

(a) Responsible for maintaining accounting records.
(b) Controlling clients and suppliers’ collections and payments.
(c) Payroll preparation.
(d) Preparation monthly trials balances and final statements.

Education

Bachelor's degree, Accounting/Managament
  • at Institute Of Managament Accountants
  • June 2016

Expected to finish my CMA. IMA® is the resource for developing, certifying, and connecting the world's best accountants and financial professionals working in business. Achieving the CMA credential demonstrates the mastery of financial planning, analysis, control, decision support, and professional ethics. These skills are critical to the success of finance teams working within organizations—this focus distinguishes the CMA from other certifications and degrees

Diploma, Budgeting & Cost Control
  • at In-House Training Haif Company , Riyad, Saudi Arabia
  • April 2011

 In-House Training : Corporate Forecasting, Budgeting & Cost Control (Haif Company , Riyad, Saudi Arabia) Apr. 2011

Diploma, English Language
  • at KFUPM King Fhad University for Petrol and Minerals
  • June 2010

English Language Course

Diploma, CABM, Certified Associate Business Manager
  • at Association Of Professionals In Business Management
  • January 2008

The Certified Associate Business Manager (CABM) is a bachelor’s level professional certification based on a pre-MBA curriculum. The CABM Designation can be viewed as a steppingstone for the CBM Designation. The CABM stands for Certified Associate Business Manager and is a bachelor’s level professional certification based on a pre-MBA curriculum. The CABM Designation provides a solid foundation for individuals seeking an MBA degree.

Diploma, Graduation Management Admission Test Course
  • at America-Mideast Educational and Training Services
  • July 2006
Diploma, Microsoft EXCEL 2003 Advanced Course
  • at New Horizons Computer Center
  • April 2003
Diploma, Al-baseet Accounting System
  • at Alwaseet Computer Center
  • February 1995
Bachelor's degree, Accounting
  • at Tanta University
  • May 1990

Specialties & Skills

Accounting and Auditing
Budgeting
Accounting
MS Office & MS Outlook
Microsoft Office Excel, Word, PowerPoint and Outlook
Accounting Applications:IBM AS400, SMAC 4 and Al-baseet Accounting System
Budgets and Performance Evaluation
Financial Accounting Concepts, Practices and Techniques
ERP programs
ISO Applications

Languages

English
Expert

Memberships

Association Of Professionals In Business Managment , USA ,www.apbm.org
  • Active member
  • January 2008
Association Of Egyptian Commercials In Saudi Arabia
  • Active member
  • October 2010
Institute of Management Accountants
  • Active member
  • December 2010

Training and Certifications

CMA Preparation Certificate (Certificate)
Date Attended:
October 2010
Valid Until:
January 2011

Hobbies

  • Reading and awimming