Director
OPMGS
Total years of experience :32 years, 2 Months
Director at OPMGS consulting firm based in Dubai
Covers, project management, Financial Management Business performance evaluation and Restructure of the entities.
Project Lead for implementation of Finance project in the Eastern Hemisphere covering 4 regions of Middle East, Aisa Pac, Europe and Africa.
Responsible for designing and implementing
FMG project in the Middle East, North Africa and other Eastern Hemisphere countries
Managed designing of the project based on the country management requirement and implement the project
Managed the project through country management structure
Responsible for designing, system training, org structure and implementing through country structure
Implement the project in Saudi Arabia, Algeria, Kuwait, Oman, Iraq, Egypt, Russia etc.. within two years span.
Managed the financial budget for the department for these countries
Acheived more than the targeted savings for the company through optimization and consolidation of the operations
MENA regional manager for Baker Hughes Integration
, UAQ and Oasis International School, Alain.
•Managed overall school functions for two years.
•Oversaw activities of the Academic section and Administration department.
•Strategized the functionalities of the school’s activities by setting aggressive targets for academic side as well financial performance by improving administration.
•Achieved the academic targets and improved financial performance of the school within two years.
developed & implemented Finance policies.
•Evaluated performance and productivity. Analyzed accounting and financial data.
•Researched and identified growth opportunities; generated reports and giving presentations; directed and coordinated the organization's financial and budget activities to fund operations, maximize investments, and increase efficiency.
•Held responsible for steering a team of 32 employees including Accounting Manager and Accounting Supervisors.
•Initiated corrective actions; minimized the impact of variances.
•Successfully accomplished Personal Development Plans and implemented PPR to ensure staff development, succession planning and maximize cross training opportunities.
•Prepared and reviewed CAPEX proposals.
•Worked closely with Business development in pursuit of new business acquisition. Reviewed and implemented strong process for improving the control environment; managed various legal entities audits and tax filing.
•Looked after US GAAP reporting; SOX compliance and reporting
•Rolled out High level financial training to management team to improvement financial awareness.
•Developed strong relationships with both finance and non-finance members of the management team in order to gain a full understanding of the business. Drove budget and forecasting processes, increasing accuracy while identifying further opportunities.
•Managed various tax regimes; like corporate tax, withholding tax and personal income tax.
•Chaired the supplier tendering meetings.
•Authorized bank signatory for company bank accounts
based in Dubai, supporting Iraq operations
•Established and implemented departmental policies, goals, objectives, and procedures, conferring with board members, organization officials, and staff members as necessary.
•Instrumentally managed a team of 28 employees including Accounting Manager, Project accounting managers and Accounting Supervisors
•Completed Personal Development Plans and implemented PPR to ensure staff development, succession planning and maximize cross training opportunities; advised and supported Country Vice President in developing strategy and financial plans.
•Supported the business in the commercial, operational and financial delivery of strategic objectives.
•Drove budget and forecasting processes, increasing accuracy while identifying further opportunities.
•Monitored operations to ensure that they efficiently and effectively provide needed services while staying within budgetary limits
•Reviewed financial statements, sales and activity reports, and other performance data to measure productivity and goal achievement and to determine areas needing cost reduction and improvement.
•Won Global Award of Best Team Performance
in Saudi Area (Saudi Arabia and Bahrain)
•Managed a team of 22employees including accounting supervisors and Project accountants.
•Successfully attained a budget of 650M yearly revenue turn over with 2000 employees.
•Managed Join venture companies of minority and majority share holdings for the company.
•Accountable for developing long term and short-term financial plan for the company
•Executed monthly reporting procedures in line with company policy.
•Successfully set up quarterly and monthly forecast meetings.
•Spearheaded the recruitment and management of Finance team, including senior positions. Carried out staff training to ensure ability to meet group requirements; reviewed control environment and implemented improvements to ensure that processes were compliant with company policy. Executed treasury procedures, ensuring all relevant facilities in place and future cash flows forecasted.
•Served as an authorized bank signatory for Saudi Arabia and Bahrain bank accounts.
•Conducted Auditing and corporate tax filing for 7 legal entities.
I have sound experience in Planning, directing and managing the provision of accurate, timely, and objective financial data from which informed management decisions can be made. Recommended remedial action when and where necessary.
Implement strong internal control systems. Thereby, safeguard company assets and data.
The managerial responsibilities discharged:
• Provided financial reports and interpret financial information to managerial staff while recommending further courses of action.
• To provide advice on investment activities and provide strategies that the company should take.
• Maintain the financial health of the organization.
• Analyzed costs, pricing, variable contributions, sales results, and the company s actual performance compared to the business plans.
• Develop trends and projections for the firm s finances.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Managed the preparation of the company’s budget process.
• Liaise with auditors to ensure appropriate monitoring of company finances is maintained.
• Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
• Oversee company’s investments.
• Analyzed data and advise top management on how to maximize profits.
• Has a good relationship with banking partners.
• Prepare and analyze P&L statements and financial forecasting.
• Prepare and outline complex models into simple terms that others can work with.
• Monitor the performance of investments including creating reports using business software
• Analyze trends to reduce financial risks associated with making investment or spending decisions.
• Have a strong understanding of fiscal policy and investment regulations.
• Create usable budgets for the business, including evaluating the needs of each department in the long term.
• Offered advice to the top executives of the company regarding spending and budget questions.
• Executed company s financial strategies.
• Developed plans for growth to increase the company profit while reducing expenses.
• Identifying investment opportunities and managing mergers and acquisitions.
• Support the company executives to develop financial plans.
• Oversee implementing accounting procedures and business practices.
the Finance and Accounting functions with 6 employees
•Prepared monthly financial reports to Country and Region management; statutory accounts for 4 legal entities.
•Developed company’s monthly, quarterly forecast and annual budget.
•Served as a focal point for internal audits for all 4 group companies.
Middle East Deployment team member based in Oman
•Instrumentally handled financial model of the ERP system in all MENA and EURASIA countries; managed data conversion and process implementation for System deployment. Delivered trainings to the end user for financial module in various countries.
•Liaised with Houston and other team leaders for the data conversion issues.
•Travelled to India, Qatar, UAE to deploy SAP system.
•Served as a focal point for all data conversion and deployment for Saudi Arabia.
•Developed and implemented various processes based on the SAP system
accountable for the preparation of General Ledger reconciliation; responsible for month end closing for IDAS and RPG system; formulated quarterly forecast and business plans
•Prepared and analyzed various financial reports for the management.
•Managed Treasury, Payroll and fixed asset functions and process
•Support external audit at year end.
•Developed inter-business trading for budgets and forecasts.
PHD in Management with Islamic Banking
CMA
M. Com in Taxation
-Business leadership Development Courses: Two phases courses: Paradigm Certified Facilitator for Financial management training. Facilitation training completed at College of Technology at Houston University-Houston.
MBA in Finance
Bachelors of Commerce in Cost Accounting