Head Of Finance
General Takaful Company
Total years of experience :17 years, 11 Months
Islamic insurance company and subsidiary of Qatari listed company, QGIRCO.
• Contributing to the achievement of the company's business objectives by providing accurate and timely advice and guidance on financial strategy and performance.
• Acting as the main focal point with consultants and preparing short- and long-term strategic plans. Leading the annual budgeting process in collaboration with other departments.
• Managing the company’s assets and liabilities and coordinating with the investments team, agencies, and banks to maximize returns.
• Restructured the finance department by enhancing effectiveness and controls, resulting in approximately 30% cost reduction while enhancing on-the-job coaching and training.
• Preparing, maintaining, and updating policies and procedures to ensure effective and efficient financial management within the finance department. Monitoring major controls and systems in the company.
• Overseeing audit and tax functions, coordinating activities with external and internal auditors. Ensuring that the company is 100% complied with financial and statutory regulations.
• Preparing annual and quarterly financial statements in accordance with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and International Financial Reporting Standards (IFRS).
• Liaising with the regulatory authorities, consultants, investment agencies, payment service providers, IT consultants, customers, and various departments in the company/group for operations and requirements.
One of the big4 in auditing and financial services.
• Possessing in-depth knowledge of International Financial Reporting Standards (IFRS) and Auditing Standards for Islamic Financial Institutions issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
• Planning, budgeting, monitoring, and executing of audit, review and agreed upon procedures engagements in effective and efficient manner to ensure contributing to the profitable growth engagements.
• Identifying and testing controls within business cycles to mitigate specific risks and reporting any significant deficiencies to senior management.
• Preparing and presenting various reports, including analytical reports, assessments of internal control deficiencies, and regulatory reports covering different aspects.
• Performing analytical procedures and analyzing key finance performance indicators.
• Preparing and reviewing consolidated financial statements and related disclosures in accordance with IFRS and AAOIFI.
• Managing and leading the team in engagements and taking responsibility for on-the-job training and coaching.
Handling audit engagements and assist the team in the field.
Bachelor of economic with major in accounting