Abdulsalam Deahaliah, CMA, certIFRS, Finance Manager

Abdulsalam Deahaliah, CMA, certIFRS

Finance Manager

HealthCare Dynamics Co

Location
Kuwait - Al Farawaniyah
Education
Bachelor's degree, Finance & Banking Sciences.
Experience
18 years, 1 Months

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Work Experience

Total years of experience :18 years, 1 Months

Finance Manager at HealthCare Dynamics Co
  • Kuwait - As Salimiyah
  • My current job since June 2022

1)Plan, organize, and execute financial tasks and projects of the organization.
2)Make estimates of funds required for the short and long-term financial objectives of the organization.
3)Complete financial reports, lead the month-end closing process and conduct monthly financial forecast.
4)Develop and implement plans for budgeting, forecasting, and reporting.
5)Achieve a proper mix of equity and debt to minimize cost and maximize operational profit.
6)Strategize on fund procurement through banks and other financial institutions.
7)Prudently make investments on assets that maximize returns.
8)Provide financial insight and analysis to drive the business performance of the organization.
Manage and monitor metrics, KPI tracking, and reports.
9)Evaluate the financial performance of the organization and measure returns on investments.
10)Understand and calculate the risks involved in the financial activities of the organization.

Financial Controller at Jood Gulf Holding Company (KSCO)
  • Kuwait - Al Kuwait
  • My current job since March 2016

The parent for the following companies:
1)British Link Kuwait (KSCO).
2)Orchid Real Estate Company (W.L.L).
3)Elite Logistics General Trading & Contracting (W.L.L).
4)Lebanon Link Kuwait (W.L.L).

Where I am responsible for the following:

•Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition.
•Coordinate and direct the preparation of the budget and financial forecasts and report variances.
•Prepare and publish timely monthly financial statements.
•Coordinate the preparation of regulatory reporting.
•Research technical accounting issues for compliance.
•Support month-end and year-end close process.
•Ensure quality control over financial transactions and financial reporting.
•Manage and comply with local governmental reporting requirements.
•Develop and document business processes and accounting policies to maintain and strengthen internal controls.

Chief Accountant at Al Mudon International Real Estate Co. - K.S.C
  • Kuwait - Al Kuwait
  • November 2013 to February 2016

Where I’m responsible for but not limited to following:
•Day to day finance and accounts operations.
•Perform full set of accounts and ensure timely closing of accounts.
•Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
•Responsible for timely monthly consolidated financial statements, payments, & cash-flow.
•Review & approve payment vouchers & journal entries.
•Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
•Issue project cost reports for review and approval.
•Develop and maintain internal control and effective accounting system and policies for the set up.
•Support CFO in ensuring that intercompany cost allocations are in line with management.
•Work consultatively with the respective departments on cost reduction initiatives.
•Involved in Capital Market Authority “CMA” compliance.
•Responsible for all correspondences with various departments and regulative bodies.
•Board Secretary.

Chief Accountant at Al Mudon International Real Estate Company
  • Kuwait - Al Kuwait
  • November 2013 to February 2016

Al Mudon International Real Estate Company, Salhiya Complex, Kuwait

Where I was responsible for but not limited to following:
• Day to day finance and accounts operations.
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, & cash‐flow.
• Review & approve payment vouchers & journal entries.
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
• Issue project cost reports for review and approval.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Support CFO in ensuring that intercompany cost allocations are in line with management.
• Work consultatively with the respective departments on cost reduction initiatives
• Involved in Capital Market Authority “CMA” compliance.
• Responsible for all correspondences with various departments and regulative bodies.
• Board Secretary.

Internal Audit at ALSAYER GROUP
  • Kuwait - Al Kuwait
  • March 2012 to October 2013

Conduct risk assessment of assigned department or functional area in established/required timeline
 Establish risk-based audit programs.
 Determine scope of review in conjunction with the Audit Manager.
 Review the suitability of internal control design.
 Conduct audit testing of specified area and identify reportable issues and dimension of risk.
 Determine compliance with policies and procedures.
 Verbally communicate findings to senior management and draft comprehensive and complete report of audit area.
 Evaluating financial records and results.

Semi senior 2 External Auditor at RSM - Albazie & Co. - Public accountants
  • Kuwait - Al Kuwait
  • July 2007 to February 2011

Analyze data, prepare detailed audit reports, preparing consolidation workings & preparing financial statements.
 Plan and manage audit engagements and people along with ensuring deliverables meet work plan specifications and deadlines.
 Maintain a strong client relationship through interactions with client personnel.
 Preparing and supervising for the interim and annual audit engagements.
 Prepare engagements letters.
 Testing each particular section in the financial statements, such as cash & banks,
 Account receivable, inventory, account payable, investments, property & equipments, project under developments, revenue, costs, expenses and others.
 Assigning proper tasks for the engagement’s team members.
 Reviewing team members’ works and instruct them.
 Preparing overall analytical review for each significant section in the financial statements.

Customer service staff at Bank Of Jordan - Jordan
  • Jordan - Amman
  • November 2004 to December 2006

Deliver personalized service over the telephone to customers on various banking products, accounts, and services enquiries in an effective and efficient manner.
 Initiating clients’ accounts and filling various applications
(Visa, Visa electron, Loans, Financial Facilities, etc…..)
 Performing all cash transactions (deposits, drawings & in/out transfers).

Education

Bachelor's degree, Finance & Banking Sciences.
  • at Hashemite University
  • June 2004

Certified Management Accountant, CMA - August 2010 Certificate in International Financial Reporting Standards, certIFRS.

Bayt Tests

Financial Forecasting Test
Score 88%

Specialties & Skills

Auditing
Consolidation
Microsoft Excel

Languages

English
Expert

Memberships

Institute Of Management Accountants (IMA)
  • Memeber
  • January 2008

Training and Certifications

CMA (Certificate)
Date Attended:
January 2008
Valid Until:
October 2010

Hobbies

  • Reading ,Football, & Swimming