Chief Financial Officer CFO
Al Ashram Contracting LLC
Total years of experience :33 years, 6 Months
Financial Strategy Planning & Implementation
Financial Project Supervision - International Corporate Affairs / Corporate Governance
Financial & Treasury Management
Projects Banking, Escrow & RERA Affairs
IPO Procedures
Projects Planning & MIS reporting
Cash Management & Forecasting
KPI Procedures
Financial Management Systems
Leadership & Team Management
Change Management
Gearing the company towards IPO readiness in 2014.
Establishing Corporate Governance and Delegation of Authority Guidelines.
Restructuring and Managing the Finance and Accounting Department.
Establishing and Monitoring the Reporting and KPI Procedures Across the Company
Steering Committee member
ERP project leader
• Providing leadership for the regional team and managing the financial regional operations.
Reporting and Consolidation, across all regional entities and projects at Holding level.
Developing business plans and analysis for new investments.
Assuming the responsibility for Public Reporting at PJSC level.
Overseeing cash Management and forecasting. This includes building and managing relationship with the respective Banks and Financial Institutions
Managing set-up of SLAs with entities, internal and external stakeholders relationship including Business Partners, Suppliers, Internal/External Audit, Bank etc.
Establishing and enforcing the fiduciary role of the department as well as business verticals and enhancing Corporate Governance.
Executive Committee/s member.
Board of Management member.
1 - SmartCity : Executive Director Corporate Finance - Jan 09 - March 10
Developing and proposing optimum value-creating Capital structures
Assessing and quantifying financial impact of existing and potential business opportunities
Supporting the development of business and products expansion strategies
Implementing and improving the accounting and financial management systems, policies and procedures as per IFRS & SOX compliance stipulations
Managing the overall finance operations
Supervising the budgeting and reporting processes
Directing and coordinating the short and long-term financial forecasting
Leading the preparation of consolidated financial statements
2 - The Tiger Woods Dubai: Operations Director - Sep 08 - Dec 08
All facility management aspects.
Management of the strategic procurement function to include the sourcing and selection of international suppliers.
Establishing and implementation of security and risk management procedures.
Planning and deployment of resources.
Development of QHSE manual.
3 - Dubai Industrial City: Jul 07 - Aug 08
• Strategic and Operational responsibilities include:
Accounting and reporting services including the preparation and analysis of consolidated financial reports.
Treasury operations including cash management and relationships with corporate bankers as well as obtaining and servicing short-term finance.
Market risk management including the development of strategies and advice on project risk issues.
Corporate finance services including financial analysis of investment projects, advice on acquisitions, implementation of investment projects and advice on strategic financing issues.
Audit services including the management of internal, external and governmental audits as well as QHSE risk assessment.
Forecast and analysis services including the preparation of long-term and short-term forecasts.
Development and implementation of financial policies
1 - Senior Director:: Apr 06- Jun 07
Overseeing all Sales, Marketing, Operational, Financial and Administrative activities of the Group in 10 countries.
Strategic Growth Planning - Middle East, North Africa and Indian Sub-continent.
Group financial portfolio management.
New acquisitions and ventures appraisal.
“Mission and Vision” setup and implementation.
2 - Regional Director M.E. and North Africa - Finance & Admin.: June 02 - April 06
Directing the Financial and Administrative activities of the Group in 10 countries as per IFRS/GAAP & SOX compliance stipulations.
Financial goals projection and assignment over 5 year brackets.
Regional financial portfolio management.
“MEIA” - Finance committee member.
“Asia-Pacific” - Human Resources committee member.
• Team Leader of Iraq’s operation setup (2003-2004)
• Team Leader of Algeria’s operation setup. (2005)
• Team Leader of Tunisia’s operation setup. (2006)
3 - Regional Manager M.E. - Finance & Admin.: June 1999 - May 2002
• Strategic and Operational responsibilities include:
Managing the financial and administrative activities of the Group in 8 countries.
Regional yearly Budgeting and Forecasting consolidation.
Managing a team of 47 employees.
Active execution of the financials goals.
Implementation of the “Identity Guidelines”
• Achieved the “Senior Management Training” part 1 & 2 certification.
• Won the FedEx Worldwide Financial Control Systems for 2002.
4 - UAE Manager - Finance & Administration: December 1995 - May 1999
• Strategic and Operational responsibilities include:
Monthly, quarterly and yearly variance analysis, validation and corrective action plans proposal and implementation.
UAE and Regional financial maintenance & consolidation.
Credit control and Profitability evaluation.
Direct Costs Control.
Dubai Airport-Terminal 2 Hub - Financial Committee member.
1 - Audit Manager: June 94 - Nov. 95
• Managing a team of 12 auditors.
• Planning and supervising audit reviews.
• Reviewing and approving audit files prior to Partner review.
• Preparing audit opinions.
2 - Senior Auditor: Aug 93 - May 94
• Reporting to the Audit Manager.
• Team Leader of 4 auditors.
• Planning and executing audit reviews.
• Preparing customers financials statements and relevant notes.
3 - Auditor: May 92 - July 93
• Reporting to the Senior Auditor - Team Leader.
• Executing audit reviews.
• Preparing audit files and lead schedules.
• Stock and Assets review supervision.
Internal Auditor
• Reporting to the Department Senior Officer.
• Reviewing and implementing the internal audit procedures.
• Cash and available securities audit.
• Credit application files review.
