Abuobaida  Saied, cfo chief financial officer

Abuobaida Saied

cfo chief financial officer

Development Technology and Services International Company

Location
Saudi Arabia - Jeddah
Education
Doctorate, Business Administration
Experience
31 years, 9 Months

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Work Experience

Total years of experience :31 years, 9 Months

cfo chief financial officer at Development Technology and Services International Company
  • Sudan - Khartoum
  • My current job since April 2021

Chief Financial Officer-Development Technology and Services International Co. (workforce population of approximately 500 members) - Veterinary services & products, veterinary healthcare services and poultry productions (table eggs, day old chicks and chicken meat) and agricultural crops.
Responsible for:
Driving the company’s financial planning and strategy toward success.
Performance of risk management by analyzing the organization’s liabilities and investments.
Deciding on investment strategies, taking into account cash and liquidity risks.
Controlling and evaluation of the organization’s fundraising plans and capital structure.
Ensuring appropriate cash flow for the organization’s operations.
Supervision of all finance personnel, including controllers, treasurers and financial analysts.
Management of vendor relationships related to financial matters.
Preparing reliable, current, and forecasting reports monthly, yearly financial statements, including balance sheet, income statement, cash flow statement and other government agencies returns including taxes and Zakat.
Setting up and overseeing the company’s finance IT system and the financial performance of the strategic units.
Ensuring compliance with accounting principle GAAP, accounting standards IFRs, IAS financial laws, regulations, and company policies and budget alongside variations correction.
Drafting the company’s budget based on inputs from the participative budget owners team

General Manager at Dajin for Poultry Production Co.
  • Sudan - Khartoum
  • July 2020 to March 2021

General Manager -Dajin for Poultry Production Co. Dajin
is the largest company in the field of poultry production
in the Republic of Sudan. It accounts for 40% of the
market share chickenmeats alongside day old chicks.
No. of workers 1200 or thereabouts.
Responsibilities are outlined hereunder: -
-Accomplishment of departments objectives by
managing staff planning and evaluating department
activities.
-Accomplishment of staff results by communicating job
planning, monitoring and appraising job results.
-Maintenance of staff by recruiting and selecting and
training employees.
Development of persona growth opportunities.
-Development, coordination of and enforcement of
systems policies, procedures and productivity standards.
Ensuring a safe, secure and legal work environment
-Establishment of strategic goals by gathering pertinent
business financial services and operations information.
Definition of objectives, identification of trends and
options choose a course of actions and evaluate
outcomes.
Accomplishment of production and saes financial
objectives by forecasting requirements, preparation of
an annual budget, scheduing expenditures, analyzing
variances and corrective actions.
-Maintenance of products quality through enforcement
of quality standards.
-Contribution to team by Accompishingrelated results.
-Responsible for overseeing day-to-day activities as they
relate to production, sales and marketing, quality, HR,
accounting, and finance departments.
-Recruitment, onboard, and train high-performing
empoyees to achieve for sales, profitability and market
share.
-Maintenance of project timeines to ensure tasks are
accomplished effectively.
-Development, implementation, maintenance of
budgetary and resources allocation plans.
-Delegation responsibilities to the best qualified
empoyees and enforces al policies, procedures,
standards, specifications, guidelines, training programs
and cutural vaues.
-Resolution of internal staff confict efficienty and to the
mutual benefit of all involved.
-Decision on investment strategies, taking into account
cash and liquidity risks.
-Controling and evauation of the company fundraising
plans and Capital structure.

General Manager at Arab Poultry Breeders Company
  • Sudan - Khartoum
  • February 2015 to December 2018

General Manager -Arab Poultry Breeders Company
(OMMAT) (Consisting of 1100 Staff members), production
of chicken meats alongside day old chicks.It accounts
for 40% of the market share.
-Deveoped strategies and policies to achieve
company’s future goals.
-Organized reguar staff meetings and buitan
environment in which employees willingly
producedmaximum work.
-Deveoped annual operating budget and
reported as well as all project budgets and
oversees them.
-Produced marketing & promotion content and
implemented it in a planned manner to reach
different class of customers.
-Deveoped sound relationships with stakeholders,
funders and community in order to gain mutual
benefits and built the company image.
-Planned and assigned work to subordinate and monitoring from time to time.
-Planned & reviewed marketing activities, results and expectations with employees
Supported board of directors in formulating
policies and projects and making policies
recommendations.
Taken part in reviewing insurance, banking,
auditing and other board related aspects of the
company.
Reviewedthe operations activities at the
administrative and operational levels to ensure the optimal utilization of the company 's resources by implementing efficiency and effectiveness.

Assistant general manager for financial affairs at Arab Poultry Breeders Company
  • Sudan - Khartoum
  • February 2013 to January 2015

Assistant General Managerfor financial affairs-Arab
Poultry Breeders Company
Conductedplanning, supervising and controling and
monitoring all the financial aspects of the company’s
regarding budget, financia statements, financeandcost control.Management and leading a team of
financia controllers and accountants.

Funding and Investment Manager at Sudatel Telecom Group
  • Sudan - Khartoum
  • October 2010 to December 2012

Funding & Investment Director -Sudatel Telecom Group.
Tasks accomplished while in position:
-Securedthe funds required by the company at
the lowest finance cost.
nvestedthe surplus fund to gain the maximum
revenues.
-Hedgedfor both exchange and cost of finance
for funds available or required from others.
-Reportedto the CFO, regarding cash fow
statement, budgeting and the best opportunities
to maximize the stakeholder’s assets.
Co-chair of the Financial and Services Sub
committee of East African Submarine Cable
(EASSY Internationa Consortium). As a
representative of Sudatel.

General Manager at Faisal Islamic Bank - Alsuk Alaraby Branch
  • Sudan - Khartoum
  • July 2005 to October 2010

El Suk Arabic Branch Manager -Faisal Islamic Bank -
Sudan-Plannedto achieve the profit targets of the branch
according to the budget.
-Monitoredand controledthe branch operations
-Led the staff to achieve the objectives and the goals of
the administration
-Promotedthe good branch's image to the customer by
satisfying their needs at the lowest cost and shortage
time.

Financial Manager at Abha International Private Hospital
  • Saudi Arabia - Abha
  • July 2000 to June 2005

Financial Manager -ABHAInternational Private Hospital -
Kingdom of Saudi Arabia
-Maintained the hospital accounting booksin
compliance with preparation ofthe fina accounting
and Balance sheet.
Analyzedand interpreted final accounts and budget
with the balance sheet.
-Preparedand controledthe hospital budget.
Planned, supervised and controledal the financial
aspects of the hospital.
-Management and leading a team of financial
controllers and accountants.

Lectruer and Instructor at Saudi Sudanese Bank
  • Sudan - Khartoum
  • December 1992 to March 2000

Lecturer and Instructor-Saudi Sudanese Bank, Bank
Training Center-Sudan
worked as an instructor and lecturer in the Training
center of the Saudi Sudanese Bank, theteaching and
Training languages are both Arabic and English the
following are the courses I coached:
1.Financial Accounting for banking
2.Management accounting for banking
3.Legal Aspects of Banking and practice
4.Foreign Trade, documentary credit and SWIFT
5.Marketing aspects for bankers
6.Money markets and risk
7.slamic Investment Operations

Banker at Tadamon Islamic Bank
  • Sudan - Khartoum
  • November 1990 to December 1992

Banker -Tadamon Islamic Bank -Sudan
Junior Banker in the following bank's Departments:
Current Accounts, General Accounts, investment
Transfer and Remittance, Documentary credits and
treasury.

Education

Doctorate, Business Administration
  • at Omdurman Islamic University, Islamic World Research and Studies Institute (IWRSI)
  • November 2022

Doctorate of Philosophy (PhD) in the field of business administratio.

Master's degree, Business Administration
  • at Sudan University of Science and Technology
  • November 1999

تدريب الموظفين بمركز التدريب الخاص بالبنك السعودي السوداني في مجال العلوم المالية والمصرفية. فتح الحسابات الجارية ، الادخار ،الاستثمار ، التمويل والاستثمار ودراسات الجدوي الاقتصادية ، الاعتمادات المستندية .

Higher diploma, Law Relating to Banking Services
  • at Chartered Institute of London
  • November 1990

The Associateship of the Chartered Institute of Bankers (London) passed the Subject – Law Relating to Banking Services of Stage 2.

Bachelor's degree, Banking And Finance
  • at Sudan University of Science and Technology
  • December 1989

Specialties & Skills

العمل الاداري والتجاري
Financial Management
Accountancy
Investments
Banking
توجيه الاستثمارات
المشاركة في اللجان العلمية و المساهمين في تنمية التدريس الجامعي
التواصل الفعال مع شركاء العمل واتخاذ القرارات ، التحليل المالي وقراءه الأرقام، العمل بروح الفريق
خبرة في التعامل مع معايير المحامية الدولية
التحليل الإستراتيجي بعيد المدى
تحليل البيانات المالية
الاشراف على الشئون النقدية و المعاملات المالية مع المؤسسات الخارجية
البحث العلمي و الاشراف على الرسائل العلمية
ادارة ميزانيه
إدارة الحسابات
اعداد الميزانية العمومية و الاشراف على الامور المحاسبية
تطوير قوائم التدفق النقدي
وضع خطط استراتيجية
عقد دورات تدريب و ورش عمل لتطوير مهارات ممارسة المهام المصرفية و التدريس الجامعي

Languages

English
Expert
Arabic
Native Speaker

Memberships

Institute of Management Accountants - USA
  • Certified Management Accountant
  • May 2011

Training and Certifications

Branch Management (Training)
Training Institute:
The Higher Institute for Banking Studies.
Date Attended:
March 1996
Foreign Operations (Training)
Training Institute:
Saudi Sudanese Bank Training Center
Date Attended:
May 1996
Investment and Islamic Operation (Training)
Training Institute:
Saudi Sudanese Bank Training Center
Date Attended:
May 1997
Future Banks Strategies, Formulation, Implementation and contro (Training)
Training Institute:
evaluations The Arab Academy for Banking and Financial Sciences Bahrain
Date Attended:
October 1997
Financial Analysis, evaluation of Bank Customer Workshop (Training)
Training Institute:
the Arab Academy for Banking and Financial Sciences Bahrain
Date Attended:
May 1998
Commercial Finance and EuroCurrency (Training)
Training Institute:
The Higher Institute of Banking and financial studies
Date Attended:
June 1999
Training banking course (Training)
Training Institute:
BANCA UBAE S.P.A ROMA, ITALY
Date Attended:
October 2007
The techniques used to minimize the credits risk according to basil 2 (Training)
Training Institute:
Arab banks Union Tunis.
Date Attended:
May 2008
Standby letter of guarantee according to UCP 600 (Training)
Training Institute:
Arabian Banks Union Beirut
Date Attended:
June 2010
CMA conference and exposition (Training)
Training Institute:
International Management Accountants
Date Attended:
June 2012

Hobbies

  • القرأه والاطلاع، السفر
    جائزة افضل مدير فرع لبنك فيصل الإسلامي السوداني لمدة خمس سنوات ٢٠٠٥ إلي.٢٠١٠
  • القرأه والاطلاع، السفر
    جائزة افضل مدير فرع لبنك فيصل الإسلامي السوداني لمدة خمس سنوات ٢٠٠٥ إلي.٢٠١٠