Wessam Abd Elrahman Abd Elghany, Finance Manager

Wessam Abd Elrahman Abd Elghany

Finance Manager

Boudel Hotels And Resorts

Location
Saudi Arabia - Khobar
Education
Bachelor's degree, Comerce
Experience
7 years, 3 Months

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Work Experience

Total years of experience :7 years, 3 Months

Finance Manager at Boudel Hotels And Resorts
  • Saudi Arabia - Riyadh
  • My current job since February 2023
Finance Manager at Adyaf Gulf
  • Saudi Arabia - Khobar
  • January 2017 to January 2023

Polished Finance Manager with successful track record of handling high volume transactions on regular basis.
Considered an expert in creating robust financial models.
Looking for new opportunity to apply attention to detail and exceptional organizational skills.
Experienced financial management professional skilled in developing enhanced financial strategy.
Budgets proactively to reduce expenditure for improved business profits.
Offers diligent, decisive leadership focused on long-term solvency.
Proactive financial professional with planning and problem-solving talents.
History thoroughly analyzing and modelling financial data to produce relevant insights and steer financial decision-making.
Monitored and reviewed financial controls over 9 branches, processes and procedures to enable best practice development.
Delivered training and development to junior finance employees for progression and best practice improvements.
Collaborated with other departments on budget preparation and put guidelines and recommendations to ensure alignment with company requirements.
Create financial budgets and targets in conjunction with other managers establishing department structure.
Identified improvement changes regarding key processes for internal controls and accounting procedures.
Overall responsibilities of complex financial, storing & issuing policies and procedures.
Supervising of daily Accounting, IT, Supply Chain, Inventory, Cost Management functions and verifying all daily journals entries.
Monitoring monthly reconciliations of al GL Accounts including Bank Reconciliation.
Ensuring Completion of P&L Report and make sure all figures matching to Budget and issuing critique report for any variance.
Monitoring Cash flow on day to day basis and determining cash Requirements.
Planning & forecasting of all supplier payments and ensuring on-time subject to funds availability.
Coordinating with banks & managing multiple bank accounts.
Preparation of short & long range cash forecast models based on business plans & comparing actual with forecasts.
Liaising with authorities regarding lease agreements and rental payments.
Create sets of steps and standard for task on job training of finance employees.
Monitor and evaluate performance on going basis during year and initiate corrective actions.
Ensure adherence of finance team to corporate values and standard.
Recommend and implement changes that will improve company's performance and financial controls.
Established relationship to avail credit facilities.
Preparing feasibility study for new devolvement Brands.
Ensure compliance with all financial regulations and policy system.
Monitoring and focus day to day property Operation and involved in case any financial or control issues not matches with policy and standards.
Finalized VAT returns with rigorous transaction checks.
Managed daily finance services for smooth business operations.
Led finance transformation projects to reach company growth goals.
Designed dashboards to enhance Business Intelligence and KPI reporting.
Developed strategies to increase profits and cost savings.
Analyzed financial performance to implement key improvement strategies.
Managed timely and accurate reporting of various financial transactions and information for detailed analysis.
Developed thorough forecasting and cash-flow management processes to maximize progression and profitability.
Developed and administered annual budgets following periods of strong analysis and research.
Maintained responsibility of credit control to achieve debtor day targets.
Identified finance team efficiencies and reduced reporting timelines.

Education

Bachelor's degree, Comerce
  • at Bachelor Of Comerce
  • May 2000

Finance Manager with background of hotels operation and corporate companies system and operation.

Specialties & Skills

Analysis
Payroll
Costing
Accounting
Managerial
All finance sections on Job ( Stores , purchasing , cost control , payable , paymaster , general cashier , income , credit , receivable )
Trainer about On job & Of job Training
Food & Beverage & Catering Very Hard Control in all steps
Training
Leading
* Fox Payroll System * Opera Front Office System * Aquem System for Hotel Management * Materialials
(Computer Skills) * Microsoft Office: - Excel, Word, Windows, PowerPoint, Outlook * Sun General Ledg
* Materialials Control System for Hotel Management * FBM. {Food Beverage Materials System}

Languages

English
Native Speaker

Memberships

Socoa
  • yes
  • January 2016

Training and Certifications

Managment Training Certifecate (Training)
Training Institute:
Marriott hotel internationa
Date Attended:
June 2007
Duration:
40 hours

Hobbies

  • Watching football matches